Wednesday, March 15, 2017

Carvana Opens Yet Another Car Vending Machine

Phoenix-based Carvana, the online used car seller which is about to file for an IPO, has opened up yet another "car vending machine". Carvana said it has is opening its fourth "car vending machine" nationally in San Antonio, Texas. The location is its third in Texas, where it also has similar buildings in Austin and Houston. Carvana said this new "car vending machine" has space for up to 30 cars, and is eight stories tall. Those vending machines let users (who have already selected and paid for their cars) receive them in a unique manner, by depositing a coin and having their car automatically picked up and delivered to them via a giant vending-machine.