Auto21 June 2022

Plenti and Carma partner to deliver fast and simple online vehicle finance

Together, Plenti and Carma will deliver seamless finance solutions to customers buying their vehicles through Carma's all-online service.

Plenti Group Limited (Plenti) has partnered with online automotive retailer Carma to deliver finance to customers buying their vehicles through Carma’s purchasing platform.

Plenti will offer customers buying a car through Carma a seamless, end-to-end digital experience that makes the finance application and approval process as simple as possible. Plenti’s market-leading technology allows applications for automotive finance to be approved in just 60 minutes, with same day settlement.

The partnership reflects the transition underway in consumers’ automotive purchasing patterns which are increasingly moving online. 

Plenti will offer customers buying a car through Carma a seamless, end-to-end digital experience that makes the finance application and approval process as simple as possible. Plenti’s market-leading technology allows applications for automotive finance to be approved in just 60 minutes, with same day settlement.

The partnership reflects the transition underway in consumers’ automotive purchasing patterns which are increasingly moving online. 

Plenti Head of Automotive Lending Joel Pothin said: “Plenti’s entirely digital process neatly aligns with Carma’s online retail model, and together we will deliver a superior customer experience that meets the expectations of today’s digital-savvy consumers.

This is a natural partnership between two wholly digital companies who share a vision to make buying a car easier and more accessible from end to end.”  

Simon Bozzi, Director of Customer Finance at Carma said: “Carma is committed to bringing ease, trust and joy into the used car buying experience. Part of building our brand as a recognised leader in Australian used cars is working with like minded, digital-first companies to create a seamless end-to-end customer journey. 

“We’re pleased to partner with Plenti to bring integrated financing into our digital purchase process. Both businesses remain laser focused on offering customers competitive rates and repayments across flexible products, whilst ensuring the process remains as quick, transparent and convenient as possible.” 

Plenti’s proprietary technology and superior platform capabilities mean it is uniquely placed to deliver a ‘one-stop-shop’ digital solution for customers’ automotive finance needs.  

Plenti has a proven track record integrating its digital application and approval process into partners’ online purchasing journey, with multiple financier agreements already in place and more to follow.


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Written byJulia Lefort
Julia is Head of Communications & Corporate Affairs and has a wealth of experience in providing strategic advice at senior executive levels.
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