Forget betting for cash at a casino — used car shopping site Carvana has a giant vending machine in Las Vegas that accepts tokens for a car.

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The 11-story structure is Carvana's 28th car vending machine in the U.S., but a first for Nevada. The Las Vegas machine lights up and fits into the skyline near the famous Strip. It holds up to 39 cars that are stacked up and brought down to ground level with a special car elevator.

You first have to browse and buy the car online on Carvana's website and select to pick up the used car at the vending machine. It's free to use the vending machine for pick-up. There are also home deliveries available, especially for buyers who don't have a vending machine located nearby.

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But for the full vending machine experience in Vegas, you're given an oversized Carvana 'coin' from a company rep that you insert into a slot machine. The elevators bring down your car and then a sliding door reveals it.

It's like winning the jackpot, but for a vehicle you already bought and paid for online.

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The newest Carvana vending machine is located at 3720 Morgan Cashman's Way behind the Mirage and Treasure Island casinos. Pick-ups are available between 9 a.m. and 7 p.m. Monday through Sunday.