29 August 2022
Watch our piece on Channel 7 here:
Renting proving cheaper than buying for some drivers as car prices soar | 7NEWS
Karmo was excited to be featured on the Seven Network recently. With the automotive industry being affected by supply shortages, long wait times and historically high used car prices, car subscription has never been a more attractive way of minimising capital outlay whilst reducing the risk of high depreciation.
Our CEO, Nick Boucher was delighted to bring the Channel Seven News Team to our Brisbane office to talk all things car subscription. Along with fantastic partners like Matthew Stubberfield at City Motor Auction Group and Jason McDonnell at Insuret, we’ve been working hard to build a platform that makes accessing your next new car more flexible and affordable than ever before and it was great to be able to explain this on a national platform.
“It has never been easier or more appropriate to subscribe to your next new car” said Karmo CEO, Nick Boucher. “With high new and used car prices and high interest rates, subscribing might be the way to get access to an affordable vehicle whilst hedging against high depreciation rates over the next few years”.
Karmo is working on expanding its current product range and will be looking at further geographic expansion over the coming months. To learn more about our subscription product offering, please check out our vehicles or email us at email@example.com with some information on what you’re looking for.