Why subscribe to an EV
Experience the benefits of car ownership without the hassles.
Bypass depreciation
We absorb the risk of falling EV prices. Simply drive the latest models without resale woes.
Fuel savings are just the start
Enjoy predictable running costs with our transparent bundled plans.
No long term commitment
Plans start from just 4 months and you can drive the latest models after every term.
Our featured EVs near you
BYD
ATTO 1 Essenti...
$249.00
Per Week
BYD
ATTO 2 Dynamic
$280.00
Per Week
Zeekr
7X RWD
$325.00
Per Week
BYD
Sealion 7 Prem...
$355.00
Per Week
BYD
ATTO 3 Essenti...
$355.00
Per Week
Toyota
bZ4X 2WD
$375.00
Per WeekDrive an EV from $126/week
A novated subscription combines the flexibility of a subscription with the tax savings of a novated lease.
- Plans start from 4 months
- No residual payment
- No setup fees
- Predictable pre-tax payments
Looking to switch to an EV?
Why get an EV subscription
- 01. See if an EV is right for you
An EV subscription is the ultimate ‘test drive’. By subscribing you can see how the charging cycles fit into your daily routine. Without committing long-term, you get a risk-free trial of the EV experience for your daily commute, errands and weekend adventures. We’ve partnered with JET Charge to provide exclusive discounts and make home charging more convenient.
- 02. Fuel savings are just the start
Going electric naturally slashes your fuel bill, but a Karmo subscription amplifies your savings. Enjoy predictable running costs with insurance, rego, and maintenance all bundled into one transparent payment. Plus, eligible employees can unlock massive tax benefits with a Novated Subscription.
- 03. Avoid residual or balloon payments
Traditional car loans and novated leases often end with hefty balloon or residual payouts. With volatile EV resale values, you risk a negative equity trap where you owe more what your EV is worth. A Karmo subscription eliminates this risk entirely. Simply hand back the keys at the end of your term with zero final payouts and drive a new one.
- 04. Always drive the latest EVs
Technology in the EV space is evolving rapidly, and a subscription ensures you aren’t left behind with an outdated range or software. Our flexible plans allow you to regularly refresh into brand-new model from top brands such as Tesla, BYD, Zeekr, Toyota and more.
Karmo is trusted by drivers Australia-wide
With flexible and transparent plans, there is only one thing to worry about, enjoying every drive. Here’s what some of our top customers say about us:
See how Karmo compares
Still comparing your options? Here’s how we stack up against buying, leasing or rent-to-own.
Best for flexibility
Buying
Leasing
Rent-to-own
Minimum commitment
4 months
Ongoing
2-5 years
Usually 2-5 years
To get started
Refundable bond + 2 weeks upfront
Yes (Finance)
Deposit + fees apply
Deposit + fees apply
Credit score impact
No
No
Yes
Yes
Exit flexibility
Yes
No
Limited
Limited
Vehicle age/quality
Always new cars
Varies
New cars
Varies
Depreciation risk
No
Yes
Yes
Yes
Time to get into a car
Usually same day
Within 30 days
Within 30 days
Within 30 days
What’s included
Registration, insurance,
servicing
Car only
Varies
Usually the car only
See how Karmo compares
Still comparing your options? Here’s how we stack up against buying.
Best for flexibility
Buying
Minimum commitment
4 months
Ongoing
What’s included
Registration, insurance, servicing
Car only
Credit score impact
No
Yes (Finance)
Exit flexibility
Yes
No
To get started
Refundable bond + 2 weeks upfront
Large upfront deposit
Vehicle age/quality
Always new cars
Varies
Depreciation risk
No
Yes
Pick-up time
Usually same day
Within 30 days
Ready for a simpler way to get a car?
Join thousands of Australians choosing flexibility over long-term ownership pressure.
- Check eligibility in 60 seconds
- No impact on your credit score
- Most cars available quickly
No credit score impact
|
No application fee
|
Cancel with 30 days notice*
Ready for a simpler way to get a car?
Join thousands of Australians choosing flexibility over long-term ownership pressure.
- Check eligibility in 60 seconds
- No impact on your credit score
- Most cars available quickly
No credit score impact | No application fee | Cancel with 30 days’ notice*
The latest EV news
19 June 2026
The ultimate 2026 BYD guide: Which model is right for you?
19 June 2026
The ultimate 2026 BYD guide: Which model is right for you?
The latest EV news
How much does a public fast charge cost?
Charging costs vary based on the provider but a standard EV battery with a capacity 60KvH costs around $25 for a full charge at most fast charging stations. Considering you get over 350 km in range, you spend only 1$ for every 14 kilometres you drive your EV on Uber Green.
As more public fast chargers are being setup, the cost of charging is expected to drop, ensuring even more savings.
Does Karmo provide a home charger for my EV?
Yes, Karmo provides a Level 1 Type 2 portable EV charger which you can use with a standard power point in your home garage. However, the Mercedes CLA models only come with a Type 2 to Type 2 charger (not the standard power point plug for home charging).
The Type 2 portable charger has a 5-metre cable length. It charges at 12km driving range per hour of charge at single phase charge of 2kw, 8Amp. A 10 hour daily charge during your downtime provides over 800km of cheap and reliable range each week. This ensures you will need to use the public charger only twice a week.
The home charger has a helpful LED display to show time, power and charging status.
What is an EV subscription?
Karmo electric vehicle subscriptions allow you to drive a new EV without committing to a long term contract or worrying about the everyday aspects of owning the car. You can enjoy the smooth, silent EV drive through Karmo’s bundled subscription fee, where the fee covers depreciation, registration, roadside assist, insurance, servicing and maintenance into one neat, weekly fee.
What EV can I get on a car subscription?
At Karmo, we offer access to the latest range of electric vehicle makes and models for car subscription. Depending on your location and budget, we will work with you to get you into your preferred EV from top brands like Tesla, Kia, BYD, Zeekr, Toyota or MG.
You can find all the EVs currently available in our EV inventory; If you are enquiring for business, visit our Business EV inventory.
Can I change the type of EV I have on subscription?
We understand that your needs may change over time, and we want to ensure that you have the flexibility to choose a vehicle that suits your preference. That’s why we offer the option to swap or upgrade the make and model of your vehicle at the end of each subscription plan including between EV, hybrid or petrol vehicles.
This means that you can easily switch to a different vehicle that better aligns with your current needs.
Can I charge my EV at home?
You are provided a Type 2 portable charger which has a 5-metre cable length. It charges at 12km driving range per hour of charge at single phase charge of 2kw, 8Amp. It also has a helpful LED display to show time, power and charging status. However, the Mercedes CLA models only come with a Type 2 to Type 2 charger (not the standard power point plug for home charging).
If you use a normal 10amp plug expect to charge at a rate of around 10-15 kms per hour. 15 amp plug 18/-25 kms per hour. If you install a wall connector charger it can charge anywhere up to 100kms per hour.
EV Subscription: FAQs
Our EV subscriptions provide new cars with the option of upgrading or swapping to a new car after every term. Here’s everything you need to know before you subscribe to an EV.
