When you begin a subscription with Karmo, you can choose the frequency and day in which your recurring subscription payments are made. These payment preferences cannot be changed until you refresh into a new vehicle.
Your recurring subscription fee
Your recurring subscription may be made up of one or many of the following:
Base subscription cost
Your weekly/fortnightly/monthly subscription fee before any upgrades
Optional upgrades
Cost of each additional driver
Karmo Care, if you have opted to reduce the damage excess fee
Risk Premium, if you have damaged a Karmo vehicle and were at fault, or have consistently failed to make payments on time
Ad-hoc charges
Excess KM Fees, only if you exceeded your Weekly KM Allowance in the previous week
Tolls and administration fees, only if they have been routed to Karmo due to no e-Tags or insufficient balances available on your e-Tag
Infringement administration fees, only if you have infringements whilst driving a Karmo Vehicle
Billing periods
Your first payment will be prorated based on your payment preferences.
Your ongoing subscription bills cover a complete weekly/fortnightly/monthly payment period. To keep things simple, we don't do partial payments — what you see is what you pay.
Our Balance Guarantee ensures that if you return your car mid-cycle, you'll never lose a cent. Any remaining balance is automatically credited to your next car, or refunded if you're moving on. Simple as that.