The cost of a new Karma vehicle starts around $130,000 for the 2024 Karma Revero GT and can exceed $170,000 for a fully loaded Gyesera sedan. However, the price is highly dependent on the model, model year, and an extensive list of custom options. Karma Automotive specializes in low-volume, luxury electric vehicles, meaning their pricing operates in a different tier than mainstream EVs.
The primary factor in the cost is the extensive customization available. Unlike most manufacturers with set trim levels, Karma offers a bespoke experience where buyers can select unique paints, interiors, and materials, significantly increasing the final price. The base price is just a starting point.
Here’s a breakdown of the main models and their starting MSRPs:
| Model | Starting MSRP (Estimated) | Powertrain | Key Differentiator |
|---|
| Karma Revero GT | ~$130,000 | Extended-Range Electric Vehicle (EREV) | A gasoline engine acts as a generator for the batteries. |
| Karma Gyesera | ~$150,000 | All-Electric Vehicle (EV) | A pure EV focused on luxury and performance. |
| Karma Kaveya | ~200,000+ (Expected) | All-Electric Vehicle (EV) | A high-performance GT coupe, not yet in production. |
Beyond the purchase price, consider long-term costs. While you'll save on fuel, especially with the pure EV models, insurance premiums will be high due to the car's value and repair costs. Maintenance is typically managed through Karma's boutique service centers, which is a premium experience with costs to match. For many buyers, the appeal isn't just the car but the exclusive ownership experience.
