FAQs

What do I need to apply for Drive2Own?
  • You must be over 21 years old
  • Live within 40km of your capital city CBD
  • Own a ridesharing compatible smartphone
  • Be an Australian citizen, or have an appropriate visa which allows you to work inside Australia
  • Have a current, valid full Australian Drivers License in the state you wish to drive in. You must also have held the license for at least 12 months
  • Have no criminal record
  • Have a good driving record
  • Come in and meet the Carma team, and let us know a little bit more about yourself and your situation
What do I need to apply for a Carmaloan?

To get the loans process started, we recommend hitting ‘apply’ to your dream vehicle and filling out the form which should take around 5 minutes. A member of the credit team will then call you to discuss your application further.

How long does it take to get a Drive2Own Vehicle?

Once your Uber or GoCar account is set up and you have met with the Carma team, we aim to get your vehicle to you within a week.

What cars do you offer for Drive2Own?

Currently Drive2Own offers brand new Hyundai Accents, i30s and VW Polos. We are always working to bring more choices to you the customer so stay tuned!

What cars do you offer for Carmaloans?

Our car offering is listed on the Carmaloans page. We have partnerships with car dealerships which can offer competitive prices on these vehicles. If your dream car is not on the list please hit the ‘add the car of my dreams’ button and we’ll make it happen!

What’s included for Drive2Own?

During the 2-year contract term, we cover the vehicle business registration, CTP insurance and the vehicle is also covered with comprehensive ridesharing insurance under our fleet policy.

What happens if I get into an accident on the Drive2Own Program?

During the life of the contract, if you get into an accident, a bond of $1,500 will be immediately payable to us. If you are deemed not at fault in the accident, this will be refunded, however in an event where you are at fault, this will be used to cover the vehicle incident excess of $1,500. Although we will endeavour to place you with any spare vehicles we have in our fleet, please assume that you will be without car during the repair phase of an incident where you are at fault.

What cities do you operate in for Drive2Own?

Drive2Own is operating in Sydney at the moment but aims to be in Brisbane and Melbourne by the end of 2016. We have expansion plans across the nation for 2017.

What cities can I get a Carmaloan in?

We offer Carmaloans Australia wide! So wherever you are, let us help you get in the car of your dreams.

How long does it take to get a Carmaloan approval?

Once your forms have been filled and you have spoken and provided documentation to our credit team, they will indicate an estimated timeframe. The process usually takes a few days or less.

The founders of Carma have the business philosophy of transparency and simplicity and firmly believe in the principle of good things happening to good people.

With Drive2Own, we wanted to offer good people the opportunity to rent to own a brand new vehicle in the shortest time possible with the most competitive full package rates on the market.

We can do this because we believe in our people and they believe in us. We are fully transparent with how the program works and sit with each candidate individually to make sure both parties are suitable for each other. We help the candidate, and the candidate helps us grow our business.

On the Carmaloans side of the business we understand how frustrating it can be when credit providers don’t take the time to understand your situation and needs. We tailor specific packages for the individual, ensure the lowest possible payment plans and the highest levels of customer satisfaction.

Drive2Own

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CarmaLoans

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vw_golf_drive2own_carma

Volkswagen Golf Auto

$375

2 years / weekly

$1000

Deposit
Apply now
hyundai_i30_active_drive2own_carma

Hyundai i30 Active Auto

$360

2 years / weekly

$1000

Deposit
Apply now
vw_polo_drive2own_carma

Volkswagen Polo Auto

$325

2 years / weekly

$1000

Deposit
Apply now
hyundai_MY15_accent_active_hatch_drive2own_carma

Hyundai Accent Auto

$295

2 years / weekly

$500

Deposit
Apply now

Car of my dreams

We’ll help you get there

Apply now
Lexus-CT200-Hybrid

Lexus CT200h Auto

$341

3 years / weekly

$271

4 years / weekly

$230

5 years / weekly
Select your planApply now
Lexus IS300h

Lexus NX 300h Auto

$533

3 years / weekly

$424

4 years / weekly

$360

5 years / weekly
Select your planApply now
Lexus-NX-200t

Lexus IS 200t Auto

$472

3 years / weekly

$375

4 years / weekly

$318

5 years / weekly
Select your planApply now
toyota_camry_hybrid_carma

Toyota Camry Hybrid Auto

$264

3 years / weekly

$210

4 years / weekly

$178

5 years / weekly
Select your planApply now
toyota_corolla_hatch_ascent_carma

Toyota Corolla Auto

$206

3 years / weekly

$164

4 years / weekly

$139

5 years / weekly
Select your planApply now
toyota_prius_carma

Toyota Prius C Auto

$216

3 years / weekly

$171

4 years / weekly

$145

5 years / weekly
Select your planApply now
toyota_rav_4_carma

Toyota Rav4 Auto

$256

3 years / weekly

$204

4 years / weekly

$173

5 years / weekly
Select your planApply now
vw_golf_drive2own_carma

Volkswagen Golf Auto

$206

3 years / weekly

$164

4 years / weekly

$139

5 years / weekly
Select your planApply now
vw_jetta_drive2own_carma

Volkswagen Jetta Auto

$206

3 years / weekly

$164

4 years / weekly

$139

5 years / weekly
Select your planApply now
hyundai_i30_active_drive2own_carma

Hyundai i30 Active Auto

$186

3 years / weekly

$148

4 years / weekly

$126

5 years / weekly
Select your planApply now
vw_polo_drive2own_carma

Volkswagen Polo Auto

$159

3 years / weekly

$127

4 years / weekly

$108

5 years / weekly
Select your planApply now
hyundai_MY15_accent_active_hatch_drive2own_carma

Hyundai Accent Auto

$140

3 years / weekly

$111

4 years / weekly

$94

5 years / weekly
Select your planApply now
Choose car
Please make sure you fulfil the following criteria, as you will need this to drive with Uber or GoCar:
  • You are 21 years or older
  • You have held an unrestricted NSW driver's license for at least 12 months
  • You do not have more than 4 demerit points in the last 3 years
  • You haven’t incurred any demerit point licence suspensions in the last 3 years
  • You do not have any drug or alcohol related offences
  • You don’t have a criminal record
  • All checked out?
Choose car

Please complete the following details:

Will the car be parked at this address?
Are you currently registered as an Uber or GoCar driver?
How many hours per week do you intend to drive with Uber or GoCar?
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Please complete the following details and an Authorised Representative will contact you to discuss your requirements and assist you in applying for a loan.

Personal Details

Date of Birth

Residential Address Details

Please provide 1 year of residence history. If you have less than 1 year's residence at your current address, please enter a previous address.
At address since

Employment Details

Employment status

Loan Details

What is your weekly budget?
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Choose car

Provide us with some details about your dream car

Anything else you would like to add?

Thanks, your application has been submitted. Our Carma Team will be in touch with you shortly.