Vending machines have taken over the world literally in every sense of the word. These days, there are vending machines for just about anything imaginable. From hot oven-fresh pizzas to medicines, snacks, and drinks like coffee and soda beverages, you can dispense everything. But if that is not mind-boggling enough, there are vending machines for cars. Yes, you read it right: automobiles can now be purchased or rented through vending machines; crazy, right? And just as we were awe-struck, we found out that the car vending machine market is fully-fledged and is quickly on the rise.
Moreover, according to a report, “The car vending market is set to grow at a CAGR of 9.7%. It will reach an estimated value of more than US$5 billion by the end of 2030.”
So, if anything is to predict, the future looks quite promising for these vending machines. And as this vending machine gains popularity with time and more people start adapting to it, it might even become the standard for buying cars. In the same way, beverage vending machines have become the standard for purchasing drinks. However, what is a car vending machine in the first place? Above all, what benefits does it offer, and how does it even work? So, to find out those answers, we will look at these vending machines. We will discuss everything about them in this blog. Therefore, without any further ado, let’s get straight into it.
What is the Description of a Car Vending Machine?
A car vending machine is less like an actual vending machine but more like a tall tower and places. The building stands eight stories tall or even fifteen stories. Fifteen-story vending machines have bigger storage as they can store up to 80 cars. More so, they store both new cars and used cars from different manufacturers around the world. As you know, there are more than a thousand car dealerships in Germany, especially in the U.S. Many U.S. dealerships are located in the states of Arizona and Los Angeles. Cities like Jacksonville and Nashville also have their fair share of dealerships. The thing that these vending machines offer is a unique, one-of-a-kind experience for car buying.
Even though this vending machine looks less practical, it however offers a car pick-up vending machine experience like no other. It is a newer and much more attractive way to sell cars. In normal dealerships, you meet a car dealer who shows you around the cars. Once you choose a car, they let you test drive it. After that, you make the payment to finalize the purchase. You then shake the dealer’s hand and drive off. While that might still remain the standard car buying procedure, it has, however, become quite boring. Frankly speaking, we are all in for a little bit of change and excitement. It is exactly what the car vending machine offers.
How Does a Carvana Car Vending Machine Work?
A car vending machine is basically a tall building that has a vehicle delivery system with mechanical lifts, much like a Nussbaum car lift. However, it does use the concept of a vending machine, as you need to insert an oversized coin into the Carvana coin vending machine. Once the coin is inserted, the vending process is activated. The lift moves the car through the machine until it reaches the vehicle descend point for pickup. The machine will then drop the car in the bay, and the designated delivery bay then opens and the customer will get in the car and drive off.
The vending process is as simple as that. However, with that comes the risk of mechanical components malfunctioning. This can then lead to consumers not getting their cars, which can cause a lot of problems for both the customer and the dealer. But there is no machine in the world without imperfection in its design and functionality. So, in that case, this vending machine is just like any other machine. On the other hand, normal dealerships place the cars in garages or parking lots.
How To Get Cars From Car Vending Machines?
We have talked about how an automated vehicle vending machine works, but how do you get cars from these vending machines? Well, in order to receive cars from a vending machine, the customer first has to buy a car from a car dealership that has a vending machine. One such online car dealership that has a vending machine network is Carvana, which invented the first car vending machine in 2015. Other than inventing the first fully-automated car vending machine, they now sell new vehicles and used cars online on their website carvana.com.
So once a customer buys a car from the dealership, Carvana customers will get two options to select from to receive the car that they purchased online. They could either opt for home delivery as the company will deliver it to their home. Or they could pick up their purchased vehicle from Carvana’s car vending machine. In the latter case, the customer is invited to go to the coin-operated car vending machine. Upon arrival, they will then need to insert a coin into the car vending machine to receive the car. After they have received it, they can then drive the newly car off and enjoy its ride. The car does have a return policy that can only be used under a certain period and under a few conditions.
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Benefits of Car Vending Machine
A car vending machine brings a lot of benefits. It can save a lot of valuable time for people as they do not have to go to normal dealerships. That is because the documentation process, as well as the car reviewing process, can take up quite a lot of the customer’s time. Therefore, customers can look at the car online and make online payments to purchase it. Moreover, the entire documentation will be completed online, so they simply have to go pick up the car. And if they choose to get the car from the vending machine, they will be welcomed by a customer advocate.
The customer representative will then give them the coin with little to no interaction. The customer will need to place the coin in the vending machine. All of this provides a convenient benefit to customers as they can choose the date and time of their liking to pick the car up. Moreover, once they execute the vending process, they get the best seats in the house to watch the custom vending machine do its thing, which is quite a sight to behold that a customer cannot get from a YouTube video. The vending car pick-up experience will be unique without a doubt. It will definitely give customers pride knowing they made the right choice of buying a car from a vending machine.
Final Thoughts
These vending machines for cars are a tool unlike any other vending tool seen before. However, as shiny as these vending machines look, it remains to be seen whether it will end up being a practical choice or just a thing of the past. Until then, it will be hard to comment on its usability in the future. At Linkitsoft, regardless of what the future holds for these vending machines, there is no doubt that they offer quite the experience of buying a car, which is unique every step of the way. Only time will tell what becomes of these vending machines. If you liked reading this blog, we suggest you read more blogs like these from our website.
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