Feb 15, 2017
Stick a coin into vending machine and out spins…
AUSTIN – Stick a coin into a newly unveiled vending machine at one South Austin business and you’ll wind up with a lot more than a can of cola or a...
AUSTIN – Stick a coin into a newly unveiled vending machine at one South Austin business and you’ll wind up with a lot more than a can of cola or a handful of candy.
Instead, expect a new car to pop out.
The five-story contraption—one of just three in existence in the United States—debuted at Carvana, 6014 S. I-35, just south of East Stassney Lane.
The automated devices kick into action when a special, oversized Carvana coin is inserted, with a lift in the center of the glass-walled machine sliding up and under the desired vehicle, then lowering it to one of three ground-floor delivery bays.
Carvana’s location near Austin’s Motor Mile puts it in close proximity to many well-known car dealers, but its business model is much, much different.
Once a car is selected, it’s either delivered to the owner’s home or it can be loaded up in one of the vending machines for pickup.
Trade-ins can be sold and financing can be arranged through the site, as well.
The Phoenix-based company’s other two vending machines are in Houston and Nashville, Tenn.
In This Article
Topics
You might also like
SUBSCRIBE TO OUR
Publications
Receive our economic and housing reports and newsletters for free.