How does it work?
We like to keep it flexible. Pay a single, transparent bundled subscription fee and drive a new car without ongoing running and maintenance costs. At the end of your term, you can either choose to continue with a new car or end your subscription. It’s as simple as that.
1. Choose your car
Choose from our Zeekr range and select your subsciption term.
2. Get approved
Complete our fully-online application and get approved without lengthy paperwork or credit checks
3. Start driving
Your local Karmo hub will reach out and organise your pick-up.
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 our customers say about us:
Stay depreciation safe
Protect yourself from depreciation by subscribing. After every term, you swap into a new car with the latest EV technology. Experience the best in battery technology, safety and performance without needing to commit long-term on Karmo.
What do we mean by all-inclusive*?
New car experience
The cost of your vehicle is included. Karmo ensures that our vehicles are always new, with mileage limited to 15,000km, providing you with a permanent new car experience.
Vehicle registration
Karmo takes care of all the necessary paperwork and registration costs ensuring that each car is properly registered.
Maintenance & servicing
All servicing, maintenance and tyre costs are covered by Karmo, ensuring that your vehicle remains in optimal condition and saving you money.
Roadside assistance
Karmo offers 24/7 roadside assistance, ensuring that help is just a phone call away in case of emergencies.
Vehicle insurance
Full insurance coverage is included, providing you with financial protection in the event of an accident or damage.
Flexible plans
No more 3 year contracts! You can sign up for the duration you need and have the option to stop or swap at the end of your plan, providing you with flexibility and freedom from lengthy commitments.
Generous mileage
Karmo’s car subscription plans include a generous allowance per week of driving. Any overages are simply charged per KM.
Less fees & no hidden costs
Unlike competitors, Karmo won’t charge you for choosing us! At Karmo you will enjoy zero application, signup and swap fees, making it more accessible and cost-effective compared to other providers.
No long-term commitments
We believe a car subscription service should be just as flexible as any other subscription service. That’s why we provide our drivers a convenient cancellation policy.
*Excludes fuel and toll costs
New car experience
Vehicle registration
Maintenance & servicing
Roadside assistance
Vehicle insurance
Flexible plans
Generous mileage
Less fees & no hidden costs
No long-term commitments
What do we mean by all-inclusive*?
New car experience
New car experience
The cost of your vehicle is included. Karmo ensures that our vehicles are always new, with mileage limited to 15,000km, providing you with a permanent new car experience.
Vehicle registration
Vehicle registration
Karmo takes care of all the necessary paperwork and registration costs ensuring that each car is properly registered.
Maintenance & servicing
Maintenance & servicing
All servicing, maintenance and tyre costs are covered by Karmo, ensuring that your vehicle remains in optimal condition and saving you money.
Roadside assistance
Roadside assistance
Karmo offers 24/7 roadside assistance, ensuring that help is just a phone call away in case of emergencies.
Vehicle insurance
Vehicle insurance
Full insurance coverage is included, providing you with financial protection in the event of an accident or damage.
Flexible plans
Flexible plans
No more 3 year contracts! You can sign up for the duration you need and have the option to stop or swap at the end of your plan, providing you with flexibility and freedom from lengthy commitments.
Generous mileage
Generous mileage
Karmo’s car subscription plans include a generous allowance per week of driving. Any overages are simply charged per KM.
Less fees & no hidden costs
Less fees & no hidden costs
Unlike competitors, Karmo won’t charge you for choosing us! At Karmo you will enjoy zero application, signup and swap fees, making it more accessible and cost-effective compared to other providers.
No long-term commitments
No long-term commitments
We believe a car subscription service should be just as flexible as any other subscription service. That’s why we provide our drivers a convenient cancellation policy.
*Excludes fuel and toll costs
The clever way to car
Still comparing your options? Here’s how Karmo’s subscription compares to buying, traditional leasing and novated leasing
Best for flexibility
Buying
Car lease
Novated Lease
Minimum commitment
4 months
2-5 years
2-5 years
2-5 years
To get started
Refundable bond + 2 weeks upfront
Deposit + fees apply
Deposit + fees apply
Deposit + fees apply
Credit score impact
No
Yes
Yes
No
Exit flexibility
Yes
No
Limited
Limited
Vehicle age/quality
Always new cars
Varies
Varies
Varies
Depreciation risk
No
Yes
Yes
Yes
Time to get into a car
Usually same day
Within 2 weeks
Within 30 days
Within 30 days
What’s included
Registration, insurance,
servicing
Varies
Varies
Registration, insurance, servicing
The clever way to car
Still comparing your options? Here’s how Karmo’s subscription compares to buying.
Best for flexibility
Buying
Minimum commitment
4 months
2-5 years
What’s included
Registration, insurance, servicing
Varies
Credit score impact
No
Yes
Vehicle age/quality
Always new cars
Varies
Depreciation risk
No
Yes
Exit flexibility
Yes
Limited
Pick-up time
Usually same day
Within 2 weeks
Why Karmo car subscription?
- Flexibility
Karmo doesn’t tie you down. Because our terms start from just 4 months, you’re always in control. Whether it’s upgrading to a newer model, swapping into a different one or even getting in touch with a dealer partner to buy the car you’re driving, you’re in control to make the best decision for your changing lifestyle.
- Predictable costs
The weekly average of your car expenses for the year can be a hefty sum! Add to this the, often-forgotten, cost of depreciation when buying a new car and the sum becomes even larger. A car subscription with us provides predictable costs as you pay one bundled fee that could end up being less than new car repayments and costs.
- Driven by innovation
We’ve put 13,000+ drivers on the road who have trusted us for over 80 million kilometres. As brands like Zeekr are reimagining EV technology, at Karmo, we are reimagining car ownership for thousands of Australians and making new cars more accessible.
Frequently asked questions
Curious about car subscriptions for personal or business use? Our Frequently Asked Questions (FAQ) section is here to help! From understanding how car subscriptions work to the application process and getting behind the wheel, we cover it all.
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.
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.
How am I charged for my Karmo car subscription plan?
To streamline the payment process and ensure convenience, all payments for our car subscription service are charged directly to the credit card that you have allocated. This allows for automated and hassle-free transactions, eliminating the need for manual payments or invoices.
Are there upfront costs required for a car subscription?
At Karmo, we understand the importance of keeping upfront costs to a minimum however, please be aware that our car subscription service does involve some small upfront costs. These include:
- Bond: A refundable bond of $500 – $1500 is required depending on the price of your car to secure the subscription. This amount will be returned to you at the end of the subscription term, provided there are no outstanding charges or damages.
- Security Payment: This amount is composed of your security deposit equivalent to two weeks of subscription, and an advance payment for your first week’s pro-rata subscription. Your two week security deposit will be returned to you at the end of your subscription term provided there are no outstanding charges or damages owed.
What is the eligibility criteria for car subscription?
To qualify for a car subscription, you need to meet the following requirements:
- Age: You must be over the age of 21
- Affordability Check: You need to provide evidence of your ability to cover the subscription costs.
- Valid Driving Licence: You must possess a valid and unrestricted driving licence (P2 and above).
- Driver Declaration: You are required to pass the driver declaration, which ensures compliance with our safety standards.
What happens if I am in an accident, or my vehicle breaks down?
In the unfortunate event of an accident or breakdown while using your subscription car;
Step 1: Call 000 if it is an emergency
Step 2: Fill in a Karmo Damage Report
If you’ve been involved in a car accident or have experienced minor damage to a Karmo vehicle, you’re in the right place. We understand how stressful these situations can be, and we’re here to help. To report your car accident or minor damage, simply fill in the Recoversure Claims form.
In the event you have been in a multi vehicle accident, please ensure you collect the third-parties details while on site of the accident, you will need these details to complete the form.
Information you need to provide
- Contact details
- Vehicle details and rego
- Insurance details
- Licence details (photo) of other drivers involved (name and address)
- If possible, please take notes/photos/video of the accident scene, cross streets, landmarks, the direction of travel and car damage, as this information will help you complete an insurance claim.
Once you provide us with the necessary details, our dedicated team will promptly assist you in resolving the issue. So rest assured that we’ll handle your report with utmost care and professionalism.
Step 3: Access Roadside Assistance
Contact 1300 388 044 to access 24/7 roadside assistance.
Getting into a new vehicle
A new vehicle can be arranged to continue your subscription plan within one day. However in some rare circumstances Karmo may refuse to renew your subscription plan if you are deemed too high of risk.
Damage Excess Fees
In the event of an accident a Damage Excess Fee may be payable by you, which will be refunded if you are cleared ‘not at fault’ by the insurance provider.
If you have been found to be ‘at fault’, a weekly At Risk Driver Fee will be charged on top of your weekly plan for a period of 12-months from the date of your incident claim. If you have another incident in this 12-month period, the 12-months will start again.
Can I add an additional driver to my Karmo car subscription plan?
Yes, it is possible to add up to two additional drivers to your car subscription, provided they meet the eligibility criteria. An additional fee of $15.00 per week per driver will apply.
