In this guide

  • Review
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.
Carma

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Interest Rate (p.a.)
0% (fixed)
Comparison Rate (p.a.)
0%

Summary

Find your perfect used car by taking a 360° inspection in a virtual showroom - and get it dropped off to your front door

With a wide selection of pre-loved cars for you to browse online, as well as different finance options to suit each buyer, Carma is a one-stop shop for your car-buying needs. After you’ve browsed the thousands of cars on offer and reserved your chosen one, you can apply for flexible finance options with one of Carma’s partners. All cars on the site have been test-driven and inspected by experts, and have gone through complete reconditioning to ensure their quality.

In this guide

  • Review
  • Your reviews
  • Ask a question

How does Carma work?

At its very basic level Carma is a used car retailer. But it goes so far beyond that.

If you’re in the market for a used, or "pre-loved", vehicle, you can start browsing cars on the Carma website. Filter not only by make, model and year, but by other specifications such as colour, mileage, body type and CO2 emissions.

Once you’ve filtered the options down you can click on each car to see the full list of specifications and history, as well as take a 360° look of the car both inside and out.

When you’ve picked your car, you can put down a $500 deposit to reserve it. You can then choose to pay for the car upfront or apply for finance options with one of Carma’s partners. Carma also offers delivery of the car for purchasers in Greater Sydney.

What features come with Carma?

  • 7-day guarantee. If you change your mind in the first 7 days, Carma will either refund you or help you find a replacement vehicle.
  • Warranty. Each car comes with a comprehensive 3-month warranty.
  • Quality assurance. Each car is inspected and test-driven by experts, and undergoes complete reconditioning.
  • Roadside assistance. Carma offers a 1-year NRMA roadside assistance membership with every purchase.
  • No hassle. When you purchase your new car through Carma, it is delivered straight to your home if you’re in Greater Sydney.
  • Fast application. You can purchase the car online or over the phone in a matter of minutes.
  • Flexible finance options. Carma partners with finance providers giving you the option to spread the payment out over time with competitive interest rates and flexible terms.

How you can apply

Go to the website to start browsing for cars. You can filter by car make and model, as well as other features that you’re looking for in your ideal car. Virtually inspect the vehicle and read the specifications and service history. Follow the steps to then buy the car outright or start your application for finance.

You can also call Carma on 02 8319 3210 to speak to a consultant who will walk you through the application questions. Carma will hold your car on reserve with a refundable $500 deposit.

To buy a car with Carma you must have an Australian driver’s licence.

The documents required for finance can vary from lender to lender but typically includes:

  • Personal information such as your date of birth and address
  • A copy of your driver's licence
  • Employment information
  • Income and expenses information, for example payslips
  • Assets and liabilities information
  • Bank account details
  • 2 personal references

Compare car loan providers

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFCL_COMPARISON_V2_TABLE","nicheCode":"AUFCL","fields":[{"name":"LOAN_AMOUNT","value":"20000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
1 - 11 of 108
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
IMB New Car Loan
IMB logo
Fixed1 - 7 Years $2,000 - $125,000
Interest Rate (p.a.)
6.24%
Comp. Rate (p.a.)
6.59%
Application Fee
$274.78
Monthly Fee
$0
Go to siteMore Info
You'll receive a fixed rate of 6.24% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Simplify New Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Go to siteMore Info
loans.com.au - New - Variable Rate Special
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.24%
to 7.74%
Comp. Rate (p.a.)
7.36%
to 8.85%
Application Fee
$400
Monthly Fee
$8
Go to siteMore Info
Stratton Finance New Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Go to siteMore Info
You'll receive a fixed rate from 6.52% p.a. depending on the lender you are approved with.
Apply for up to $300,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
OurMoneyMarket New Car Loan
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Go to siteMore Info
RACV New Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.29%
to 16.99%
Comp. Rate (p.a.)
8%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Go to siteMore Info
You'll receive a fixed rate from 7.29% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
OurMoneyMarket Used Car Loan - No Vehicle Age Limit
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $75,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
$250
min.
Monthly Fee
$0
Go to siteMore Info
Simplify Used Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Go to siteMore Info
Stratton Finance Used Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Go to siteMore Info
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
RACV Used Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.49%
to 16.99%
Comp. Rate (p.a.)
9.21%
to 17.77%
Application Fee
$499
Monthly Fee
$0
Go to siteMore Info
You'll receive a fixed rate from 8.49% p.a.
Benefit from no ongoing fees, 5-hour approval and a 21-day satisfaction guarantee. Interest rate discounts for members.
Latitude Variable Rate Personal Loan
Latitude Financial Services logo
Variable2 - 7 Years $5,000 - $70,000
Interest Rate (p.a.)
9.49%
to 29.99%
Comp. Rate (p.a.)
10.93%
to 31.83%
Application Fee
$395
Monthly Fee
$13
Go to siteMore Info
Special Finder offer: Establishment fee waived (save $395) for approved personal loan applications submitted through Finder. T&C’s apply. Offer must be taken up through Finder and may be withdrawn at Latitude’s discretion.
loading
Showing 11 of 11 results

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alex Finder

Publisher

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site