since 1976
since 1976
Have a car without the fuel cost. Reduce your carbon footprint and protect the environment. Save money on maintenance in the long run. Ever wanted to try owning an electric vehicle (EV), without committing to a massive downpayment and 5 - 9 year loan?
Now you can with FLUX.
FLUX, Malaysia's true multi-brand vehicle subscription service, has now added a fleet of the most sought-after EV models in the market right now. The new additions include the BMW iX, BMW iX3, BMW i4, Hyundai Kona Electric e-Max, Mini Cooper SE, and Nissan Leaf, just to start.
Since 2019, Flux’s All-In-One subscription has provided customers with all the benefits of owning a car without the drawbacks that come with purchasing it through a loan. There is no downpayment, no car loan, no interest, no debt. It’s a hassle-free, low commitment way of having a car.
With the arrival of these EVs, it’s never been easier to subscribe and try long-term “ownership” of an electric car without being locked in.
MORE GREEN FOR LESS
One of the biggest deterrents for buying an electric vehicle (EV) is the price in Malaysia. The most affordable new EV model, the Nissan Leaf, starts at an estimated RM 145,000 which is considerably more expensive in comparison to petrol or diesel cars.
While EVs can save you money in the long run, the upfront costs can be too expensive for many people who cannot afford or justify paying this amount.
With FLUX’s electric car subscription, consumers can now have their own EVs without the high upfront costs.
The cost of an EV Ownership vs Flux
BMW iX, XDrive 40 |
CAR LOAN |
|
DIFFERENCE |
|
|
Upfront Fee |
RM 43,580 |
RM 8,374 RM 8,374 |
-80.78% |
Monthly Fee |
RM 7,518 |
RM 8,128.22 RM 8,128.22 |
8.12% |
|
First Year Ownership Costs |
RM 11,158.18 |
RM 0 |
-100% |
|
Total First Year Spend |
RM 62,256.18 |
RM 16,502.22 *3 |
-73.49% |
|
*1]5-year loan, 10% downpayment at 2.5% interest rate
*2] Source: C arBase.my, Comprehensive Insurance Policy.
*3] Monthly Fee and Total First Year Spend after 6% service tax will be RM8,616 and RM17,492 respectively.
AVOID VALUE LOSSES
As EV cars are relatively new to the Malaysian market, there is greater uncertainty on an EVs depreciation after 5 years of ownership. As a FLUX subscriber, you do not have to bear the risks of traditional ownership. Instead, take advantage of the subscription model and skip the risk of depreciation altogether.
With Flux, you can subscribe to an EV for as long or as short as you want. At the end of the subscription, just return your car. Pay for what you use. Gone are the days of being stuck with your car and getting low ball offers when you want to sell it.
WORRY-FREE OWNERSHIP
When you subscribe to Flux, insurance, road tax, maintenance and wear & tear are already included in your monthly subscription. Now, you never have to worry about these additional costs.
FLUX also provides the charger for your home, free for select subscription plans. FLUX will even assist in the installation through its partner Kuro EV.
DON’T LIKE THE EV? JUST SWAP
Switching to an EV doesn’t have to be a risky decision. With a FLUX subscription, you will always have the option to switch to another EV if the current one does not fit your needs. Or, if you are not ready for an EV yet, you can switch back to a conventional combustion engine vehicle. It's your choice.
LESS ADMIN STUFF. MORE LIFE.
In addition, FLUX provides a concierge that delivers a door-to-door service and handles all administrative and maintenance matters on your behalf. This way, you can spend more time driving your dream EV and less time doing paperwork and mundane admin tasks.
You can subscribe to any of FLUX’s EVs for 12 months or up to 3 years to enjoy the most competitive subscription prices. The EVs listed above are available for pre-book on www.driveflux.com.
For more information, get in touch with FLUX Customer Service at support@driveflux.com or 03 6411 5611.
