Carvana vending machine dispenses new cars instead of snacks

The Carvana Vending Machine is open from Monday through Saturday from 9am to 7pm CST, at 4270 Kenilwood Drive, Nashville, Tennessee.

The idea seems to be paying off, as Carvana’s yearly revenue has gone up from $4 million in 2013 to $45 million in 2014. Fueled by more than $300 million in funding to date, Carvana plans to continue its rapid geographic expansion – including Vending Machine rollouts – to bring a better way to buy a vehicle to consumers nationwide.

At the time of delivery, customers actually receive an oversized coin that that they drop into a vending machine-type slot. The vending machine is a multi-story structure that stores and delivers cars when the buyer inserts a special coin given to them after the purchase is complete.

Believe it or not, the company will even provide a personalized video of the experience you can then share on social media.

The company says more vending machines are on the way, but if you can’t wait, Carvana will subsidize $200 in airfare and arrange white glove transportation from the Nashville airport if you live outside of Tennessee.

This kicks off a choreographed show where a machine spins and whirrs inside the tower as it locates, retrieves and ushers the buyer’s vehicle into one of three delivery bays. The vending machine is five stories tall and it’s fully automated. Additional vending machine locations are being considered, but Nashville is now the only one available.

It’s not the first example of automated vehicle delivery-VolksWagen has a far larger, more impressive version-but it is quite fun.

The firm was established just two and half years ago, but it already achieved something big by introducing the world’s first auto dispensing machine. “They feel like it’s easier to walk away probably, so I think we didn’t really anticipate that because we knew we wouldn’t be giving customers that experience, but that is real”.