According to the Daily Mail, the futuristic showroom, which was opened in December, can hold up to 60 different supercars at a time.
Customers on the ground floor choose which car they want to see and the car of their choice arrives within a maximum of two minutes thanks to an advanced vehicle retrieval system.
And while the "vending machine" looks incredibly cool, the idea for it sprang from a purely practical problem - how to display the cars in a city where real estate is increasingly scarce.
Gary Hong, general manager at Autobahn Motors, tells Reuters that the vending machine format was aimed at making better use of space in land-scarce Singapore in addition to, of course, standing out from the competition.
"We needed to meet our requirement of storing a lot of cars. At the same time, we wanted to be creative and innovative," he says.
The Internet is pretty pumped about this new "vending machine."
Imagine being able to swipe for a Ferrari off a vending machine.— Kax (@Kv_Kax) May 15, 2017
Singapore has a Ferrari/lambo vending machine... puts things in perspective— Stackz (@TheDoc24SeV) May 16, 2017
Is it April 1st ? Or is there really a Ferrari vending machine? Wow, technology making our lives better. https://t.co/XC5uGPOPIR— Dion F. Lisle (@dionlisle) May 15, 2017
I love it when the Ferrari vending machine gives me two Ferrari's— Dave from State Farm (@piercethe_whor3) May 17, 2017
Is that how you spell Ferrari?
I drive a civic...
How rich do you have to be to purchase a Ferrari or Lamborghini out of a vending machine???— Ric Spellman (@rspell34) May 15, 2017
Is this the future of car retail? Let us know what you think in the comments section below. Click for more trending news