‘In a state of flux…’ is a term that relates to constant change though not necessarily indecisiveness. Appropriately, a new company in Malaysia has chosen to call itself ‘Flux’ as a way of describing the concept of its business which allows customers to constantly change their vehicles. Flux offers an all-inclusive monthly car subscription service, covering all the benefits of having a dream car without the drawbacks.
To start with, members pay a monthly fee to use a car of their choice without commitment. This means that they don’t have to provide a downpayment nor take a loan that has to be repaid in instalments every month for many years ahead.
Like owning the car yourself
Unlike some other schemes, cars supplied by Flux are like your own, meaning they are parked at your home for as long as your subscription is active. It’s like owning the car, except the financial hassles are omitted. And what’s more interesting is that with the same subscription, customers have access to a range of models which can be requested for use.
The inventory is sourced from reputable automotive groups and retailers in Malaysia. At this time, the Flux collection includes models such as the Honda CR-V, BMW 6-Series, Toyota Yaris, Volvo XC40, Mercedes-AMG CLA 45 and the latest Toyota Camry.
Monthly or mileage subscription plans
Once a person has registered to be a member (starting an account costs nothing), he or she can then select a vehicle and a subscription plan which starts at month-to-month for total flexibility or up to 3 years for best value. The subscription plans indicate how long members intend to use the Flux service, not a specific car as they have the privilege to switch throughout their subscription which starts from RM814/month for a Kia Picanto.
Members also choose a mileage package between Lite, Standard and Unlimited with monthly maximum mileages of 1,250 kms, 2,000 kms and cap-less mileage, respectively. The Lite package is offered at no additional charge.
A key benefit of Flux is the freedom to switch cars after a minimum of 1 month of use with just a standard switching fee. Following a switch, members pay the monthly rate for the newly chosen car. Flux says it is the only service able to offer such flexibility at the prices charged.
Maintenance handled by Flux
Flux’s concierge service will help manage all car-related administrative and maintenance matters. This includes yearly document renewals alongside planning and execution of periodic service and repairs. In other words, maintenance of the vehicles is handled by the company throughout the subscription period.
Flux gives assurance that the vehicles, new and pre-owned alike, are independently inspected to determine that each and every one is maintained to the highest standards and free of major accidents and flood damage. The vehicles are, of course, fully insured and for safety and security, should the vehicle be involved in an accident, the installed telematics system will alert emergency services so assistance can be sent to the location.
Flux allows both Malaysians and non-Malaysians to become members. They must have a credit card from a Malaysian financial institution for charges to be made to, a mobile contact number and be above 25 years of age. They would, of course, need to possess a full driving licence and international driving licences are also accepted.
“I founded Flux to challenge the status quo and offer a better alternative to the conventional car loan, here at home in Malaysia. At Flux, we are excited to pioneer a new means to access all the benefits of having a car in your driveway, without the costs. We are proud to challenge the conventions of car ownership, working collaboratively with the leading local automotive groups. Together, we offer you freedom of choice, at unparalleled convenience. In short, Flux is the simpler way to ‘own’ your perfect car,” said Aziz Ayman, Founder & CEO of Flux, which also has former Bank Negara governor, Tan Sri Dr. Zeti Akhtar Aziz, as co-founder.
