Car Vending Machines Come to Nashville

Car Vending Machines Come to Nashville

A first of its kind, five-story car vending machine has come to Nashville. The multi-level car tower can be seen by drivers from Interstate 65.

Carvana CEO, Ernie Garcia, said it is the first complete online auto retailer in the world that allows you to pick up your car from an auto vending machine. “The whole thing is automated,” he said. “It’s like buying a bag of chips.”

This new way of buying a car is supposed to save you money. “By virtue of cutting out all the middle men and getting rid of all the costs we save customers about $1500 to $2000 for every car they purchase,” said Garcia.

That’s because the entire purchasing process is done online instead of a dealership. Garcia said it’s simple.

“They can pick from nearly 2000 cars in inventory and buy the car in as little as 20 minutes,” he said. “When I say buy the car, I mean they can get approved for financing, select financing, sign contracts, select a warranty and get a trade in value.”

Once the buyer purchases their car online, they go to the Carvana Welcome Center where you’re given a coin. They put the coin in a machine, shaped like a vending machine slot, and that starts the vending process.

First your car is retrieved from the 20 vehicle glass tower. (continue reading at NewsChannel5)

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