Electric vehicle (EV) subscriptions are still a relatively new concept for most people. So we have put together a useful FAQ blog to help answer any questions you may have including the most frequently asked, “how do car subscriptions work?”!
What is an electric vehicle subscription?
An electric vehicle subscription is a convenient and flexible service that provides individuals with access to EVs without long-term commitments or the financial burden of ownership. Unlike leasing or renting, Karmo EV subscriptions allow you to access a brand new EV for an agreed period and includes all on-road costs. Enjoy the latest EV with no finance application, credit check or balloon payment!
How do electric car subscriptions work?
Electric vehicle subscriptions are more straightforward than you think. All you need to do is select the EV and subscription duration you want and apply. Once approved, you can enjoy a brand new EV while paying the weekly subscription plan. When your plan is up for renewal, you can switch the type of car you are driving so you never get bored. You also have the freedom to refresh to another EV, a hybrid or a standard petrol vehicle if your needs change. It is the ultimate flexible way to drive.
How much is an EV car subscription?
Karmo offers a great range of vehicles, from small hatchbacks to utes and up to large luxury SUVs, depending on your location, you can find a subscription vehicle from as little as $289, that includes everything except the charge and tolls. When you consider the low cost of charging compared to fuel prices, an EV subscription makes for very affordable driving! You can browse our available electric vehicles near you, and if you can’t see what you like, make sure you put in an enquiry as we have access to many makes and models.
What is included in an EV subscription plan?
At Karmo, we take pride in offering comprehensive EV subscription plans. Our subscription plans include:
- Cost of the electric vehicle: The subscription fee covers the cost of the EV itself. This allows you to enjoy driving without the burden of car ownership.
- Registration Fees: We handle the registration fees associated with the vehicle. This ensures that it remains legally compliant throughout your subscription period.
- Roadside Assistance: Our car subscription plans include roadside assistance services. This provides you with 24/7 peace of mind in the case of unexpected breakdowns or emergencies on the road.
- Karmo Provided Damage Cover: We provide damage coverage for the subscribed vehicle, safeguarding you against potential damage and accidents.
- Servicing and Maintenance: Servicing and maintenance of the vehicle are included in the subscription plan. This ensures its optimal performance and reliability.
By bundling these services and expenses together, we aim to offer a hassle-free and all-inclusive car subscription experience.
What is the minimum electric vehicle subscription plan duration?
The minimum duration for a Karmo EV subscription plan is 120 days. You have the option to subscribe for up to 9 months, allowing you to enjoy the benefits of a longer subscription at a reduced rate.
What vehicles can I get on on an EV subscription?
We take pride in offering a wide selection of electric vehicles and we also have the ability to order additional models from our long-standing dealership partners. However, despite our best efforts, there may be times when certain makes and models will be unavailable for subscription.
We understand that finding the perfect EV is important to you, and we’re here to help. We encourage you to get in touch with us to discuss your specific vehicle requirements. Our team will do their best to accommodate your needs and provide suitable alternatives if your desired make and model is not currently available.
Your satisfaction is our priority, and we’ll work closely with you to find a car that meets your needs.
Find available cars on subscription near you.
How to get an EV car subscription?
Our subscription application process is quick and easy and the application can be completed in under 5 minutes.
- Start the form here.
- Once your application is approved, you will be contacted to confirm vehicle availability and contract details.
- You will be notified when your car is due for arrival and a collection time will be scheduled.
- Collect your car and start enjoying it!
Can I swap the make and model of my electric vehicle?
Karmo understands that your needs may change over time and we want you to have the flexibility to choose a vehicle that suits your needs. We offer the option to change your vehicle at the end of each subscription plan.
This means that you can easily switch to a different vehicle that better aligns with your current needs. Therefore, whether you’re looking for a different make, model, Karmo are here to assist you.
There may be additional charges associated with upgrading vehicles or changing the make and model. Our friendly team will support you.
Learn more
Karmo has an extensive list of EV FAQs covering the common questions our customers have. To learn more, you can also review the Car Subscription FAQs or simply submit an enquiry.
Karmo offers car subscriptions in all major Australian cities and we have delivery hubs in Sydney, Melbourne, Adelaide, Perth and Brisbane.
