Beepi is a new peer to peer car marketplace that accepts virtual currencies. What's the incentive to use a virtual currency to buy a car? Transaction fees with bitcoin are typically much lower than fees associated with credit card purchases, which helps the consumer save on big ticket items.
Car sellers go to Beepi.com and enter in the basics about their car, and Beepi provides the person with a quote that the company says will always be $1,000 higher than a dealer will pay. Beepi sends out its own inspector to make sure the car is in good condition before listing it on the site. If the car doesn’t sell in 30 days, Beepi buys it and re-lists it on the marketplace.