Loopit Proudly Supports Luxury Carmaker Karma for New Vehicle Subscription Service

Loopit and luxury supercar manufacturer Karma embark on a pioneering collaboration, introducing "Engage by Karma," a novel vehicle subscription service.

George Skentzos

Head of Customer Experience
 @ Loopit.co

Published on 

September 4, 2023

  ·  

Last updated on 

September 4, 2023

Key Takeaways

Loopit, a pioneering B2B SaaS provider that specializes in car subscription billing and management solutions, has announced a pivotal collaboration with luxury electric supercar manufacturer, Karma. The partnership is set to power Karma's innovative vehicle subscription service, "Engage by Karma."

This strategic alliance melds Loopit's state-of-the-art software solutions with Karma's vision of delivering superior, flexible driving experiences. With Loopit's billing and management software at the core, Karma aims to provide a seamless and user-friendly subscription experience for its elite clientele.

"Engage by Karma", initiated exclusively at Karma Newport Beach, presents a dual-tiered offering:

  1. Short-term Rental: Tailored for individuals seeking a short burst of luxury, this option is available for a competitive rate of $699 per week.
  2. Single-Vehicle Subscription: A more enduring experience, this offering is available for enthusiasts from $1799 per month.

The subscription service boasts two of Karma's iconic vehicles: the luxurious Karma Revero and the high-performance Karma GS 6.

The collaboration signals a significant shift in the luxury automotive landscape, with more manufacturers exploring flexible ownership and subscription models to cater to evolving consumer preferences.

For those interested in more details about the "Engage by Karma" initiative or the collaboration between Loopit and Karma, visit Karma Automotive.

About the author
George is the Head of Marketing and Customer Experience at Loopit. Having originally started his career as a motoring journalist and founding team member for one of Australia's top automotive startups, George has a strong passion for automotive, business and growth marketing.
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