Karcher handles appear to be unrepairable. But if the problem is just with the O-ring, you can change it.
You can either buy the "correct" replacement at retail price, or make your own.
I wouldn't have believed this to be possible until they showed me at my local garage. Get a larger O-ring, but of the appropriate thickness and cut a section out of it to give the desired diameter. Join the cut ends with a tiny drop of Superglue. Once in place it cannot come apart because it is compressed by the joint.
Mike., April 2013