Eight stories high, the vending machine holds 30 vehicles where customers can pick up their purchase with the help of a Customer Advocate. The vending machine is activated by a commemorative, oversized Carvana coin.
The company says customers can save time and money by skipping the dealership and shopping online at Carvana.com. In as little as 10 minutes, people can finance, purchase, trade in, and schedule as soon as next-day delivery or vending machine pickup, the release said.
All vehicles come with a seven-day return policy and are Carvana Certified, which means they passed a 150-point inspection, have never been in an accident and don’t have any frame damage. Features, imperfections, and updated information about open safety recalls are listed on every vehicle’s description page.
“We launched as-soon-as-next-day vehicle delivery to the L.A. area in 2017,” said Ernie Garcia, founder and CEO of Carvana. “As residents have continued to welcome the transparency and ease that comes with The New Way to Buy a Car, adding our signature Car Vending Machine experience in the area allows us to address the growing demand we’re seeing here in Los Angeles.”
The Los Angeles Car Vending Machine joins counterparts in cities across Texas, Tennessee, Florida, North Carolina, Maryland, Arizona, Ohio, Missouri, Indiana, Pennsylvania and Illinois. The Los Angeles location marks the firm’s 20th Car Vending Machine in the U.S. and its first in California.
Carvana teamed with Bank of America in February. Customers can go on Bank of America’s car shopping tool from a phone or computer and select a Carvana vehicle. They can then submit the application for financing and finish the transaction on Carvana.com, and even trade in an old vehicle.