Worried about the economy?
Now sure how long more your full salary will be paid to you?
Thinking about the future?
Looking to get a new car?
Need to lower your monthly expenditures?
Love your current car but you do not want to sell it?
Love your current car and you do not want to lose it to the repo guy?
Is your current car costing you too much to run every month?
Have your parents stop helping you with your current car monthly instalments?
Above are some of the questions that many Malaysian car owners have been asking themselves these past few months and the need to find a solution is coming up in the below paragraphs.
Press Release: GoCar, Malaysia’s leading on-demand car-sharing platform, today announced that it has enhanced and expanded its car subscription programme, which is now rebranded as GoCar Subs.
Launched in June 2019 – the first of its kind in the country – GoCar Subs aims to offer customers an affordable and flexible alternative to today’s car ownership challenges.
For a start, with the revamp, GoCar Subs now has an extended fleet of vehicle options from sedans, crossover SUVs, MPVs, and a pickup truck, which include local, Japanese and Continental makes such as Perodua, Proton, Nissan, Toyota, Honda, Volkswagen and Renault. All vehicles in the line-up are independently inspected to ensure the vehicle is in good condition and meets the standards that customers are looking for.
Subscription plan options now include durations of weekly, monthly, 12 months, 24 months or 36 months. The longer the contract period, the more affordable the costs.
All fees are inclusive of comprehensive insurance, road tax, regular servicing and maintenance and independently rated car inspection. As a subscription programme, GoCar Subs customers also need not worry about hefty down payments, loan interest rates, being locked-in to long-term loan tenures and vehicle depreciation costs.
Comparable to having up to another six months’ extension on the moratorium
GoCar Subs has also launched a free-consultation module, where customer can explore the option of selling their car to GoCar Subs and having up to 6 months[1] of Subscription fees paid for through their trade-in. They can select from the list of cars available in GoCar Subs garage, or even choose to re-subscribe to their own car. The best part? Customers have the option of flexibility in cancelling their subscription at any time.
This frees customers from long term loan tenures, interest fees and the worry of vehicle depreciation. According to the statistics provided by the Department of Statistics Malaysia, car loans are also the main cause of bankruptcy in Malaysia, With GoCar Subs, customers have the freedom and flexibility as they need not worry about the Subscription fee contributing to their CCRIS. Additionally, GoCar Subs offers customers the freedom of access to an affordable vehicle without having to commit for long periods of time.
Those interested in a free consultation can just submit their details at the newly launched GoCar Subs website. A designated product consultant will be in contact within 24 hours to provide assistance.
Additionally, through the dedicated website for GoCar Subs (www.gocarsubs.com), customers can register for a new subscription account, select their vehicle and subscription plan, complete the subscription process, track their subscription status online andmanage their subscription payments. All applications will be processed within 24 hours. Once approved, customers will receive their cars and start their subscription journey within 14 days.
For added convenience and with customer safety in mind, GoCar Subs is also offering door-to-door service for vehicle delivery as well as maintenance pick-up and return. This service is available free for customers within the Klang Valley who subscribe for the 12-month and above plans. Customers can also rest assured that all vehicles will be sanitised before being handed over to them.
Another new feature under GoCar Subs are add-on options, the costs of which customers can choose to amortise across their subscription for additional comfort and convenience. Current offerings available include Singapore access for RM8 monthly (extended insurance coverage included), tinting from RM28 monthly and full accident protection for RM99 monthly (no excess fees will be charged in the event of an accident).
GoCar Subs is open to all Malaysian citizens and residents (international driving licenses are accepted). To subscribe, applicants only need to submit a copy of their driving license, identity card or passport, three-month payslip, EPF statement and three-month bank statement.
For a limited-time, customers who subscribe to the 12-month, 24-month and 36-month plans and make payment by 31 August 2020 will be entitled to 50 per cent fee reduction for the first three months. Sign up now at www.gocarsubs.com
[1] *Terms & conditions apply. Depending on trade-in vehicle value and balance loan commitment.
