The peer-to-peer car-exchange model has been around for a while now. 

In fact, the model has been so successful that the number of companies that offer an exchange-like service has only grown in the past few years. 

Below we’ll take a look at how the peer-to-peer car-exchange model works, the pros of using it and the best peer-to-peer car-exchange companies.

What is a Peer-to-Peer Car Exchange?

A peer-to-peer car exchange is a decentralized marketplace for used cars that allows members to buy and/or sell vehicles using their cryptocurrency.

Why Use a Peer-to-Peer Car Exchange?

Buying and selling cars has always been difficult, time-consuming and paperwork-laden. That’s why so many people prefer to use a peer-to-peer car exchange. 

With a peer-to-peer car exchange, you’re able to buy or sell a car without needing to interact with a car dealer. 

Additionally, car-exchanging through a peer-to-peer platform eliminates the middleman, saving both parties time and money.