An elevator for a vending machine and vending machine using the elevator work together, the vending machine includes a cabinet, a plurality of tiered pallets, and an elevator for delivering selected products from the pallets. Each pallet has a label. The elevator includes a driving unit and a storing box. The storing box includes a sensor for detecting the label. The storing box is fixed to the driving unit and driven by the driving unit, the storing box is slidable among the pallets, when a predetermined label is detected by the sensor, the storing box stops at that pallet and gently delivers product from that pallet.