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Is Carma legit? Here's what customers are saying
Buying a used car is often considered one of the most stressful experiences a consumer can have. Between the fear of "buying a lemon," and the rise of online scams, it’s natural to ask: is Carma legit?
The short answer is yes.
Carma is a publicly listed Australian company (ASX: CMA), backed by over $100 million in global investment, and the exclusive preferred used car dealership of the NRMA. Unlike traditional marketplaces, we own every car we sell, ensuring each vehicle meets a rigorous mechanical and cosmetic standard before it ever reaches your driveway.
TL;DR: why you can trust Carma
- Public accountability: publicly listed company on the ASX.
- NRMA verified: the exclusive preferred used car dealership of the NRMA.
- Buying, without the risks: 7 days to drive and decide, or return it for a full refund.
- Expertly certified: rigorous inspection & reconditioning processes.
- Customer approved: rated 4.7/5 stars across Google and ProductReview.
A new standard for used cars in Australia
Carma was founded in 2021 by Lachlan MacGregor and Yosuke Hall with one goal: to fix a broken industry. They realised that for most Australians, the problem wasn't finding used cars in Australia, it was finding ones you can actually trust. To solve this, they built a vertically integrated model. Rather than hosting ads for other people’s cars, Carma buys the best 10% of vehicles available, inspects and reconditions them in-house, and sells them directly to customers online. This end-to-end transparency is why Carma has grown into a leading digital dealership, with a team of over 185 people delivering the Carma experience to Aussies across NSW.
Financial transparency: listed on the ASX (CMA)
One of the strongest indicators that a company is legitimate is its financial transparency. In late 2025, Carma officially listed on the Australian Securities Exchange (ASX: CMA), raising $100 million in its IPO.
