Kuala Lumpur, 10th October 2019 - Have a car without a loan. Switch to another, just because you feel like it. Let someone else handle the paperwork. Never see the inside of a service centre again.

Just drive.

With Flux, all this is now possible. The future of private mobility has arrived.

• HAVE A CAR, NOT A COMMITMENT

Flux is an all-inclusive monthly car subscription service, offering all the benefits of having your dream car without the drawbacks. Members pay a monthly fee to drive a car of their choice without commitment. No downpayment, no debt, no problems.

THURSDAY, OCTOBER 10, 2019

AUTOMOTIVE

Flux, An All-Inclusive Monthly Car Subscription Service.

Redefining Car Ownership

• OUR COLLECTION IS YOUR GARAGE

Flux offers a wide variety of makes and models. Choose the perfect car for your needs, even as they change over time. Switch when you want, switch back when you’re done. You don’t need multiple cars in your garage, just one Flux subscription.

• TAKE BACK YOUR SUNDAYS

Flux’s concierge service will help manage all your car-related administrative and maintenance matters. This includes yearly document renewals alongside planning and execution of periodical service and repairs. Own your weekends, not your car errands.

HOW FLUX WORKS

Flux connects people who want cars with reputable automotive groups and retailers who have cars. Anyone can browse through the collection of cars on our online platform, www.driveflux.com, conveniently accessible from any device. Flux allows members to subscribe to the specific car showcased on the platform.

Once members have selected a car, they then choose a subscription plan which starts at month-to-month for total flexibility or up to three years for best value. 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. Members also choose a mileage package between Lite, Standard and Unlimited which offers a monthly maximum of 1,250km, 2,000km and cap- less mileage respectively. The Lite package is offered at no additional charge.

• ALWAYS THERE WHEN YOU NEED IT

Flux cars are yours to keep in your driveway or garage. Unlike other new-age mobility solutions where cars have to be returned to a collection point, your Flux car stays with you throughout the duration of your subscription. Flux is the simpler way to ‘own’ your perfect car!

• PROTECT YOU AND YOURS

Flux knows there’s nothing more important than the safety and security of you and your loved ones. Should your car be involved in an accident, using our tele- matics device, Flux will send emergency services to your location so that medi- cal attention is received as soon as possible. Subscribe to reassurance and enjoy peace of mind.

A key benefit of Flux is the freedom to switch cars after a minimum of one month of use with just a standard switching fee. Following a switch, members pay the monthly rate for the newly chosen car. Flux is the only service able to offer this level of flexibility at our prices, giving you the best value for your membership.

Don’t like a car or perhaps chose the wrong one? No problem. Enjoy 3-day Risk Free Returns and we’ll work with you to find a car that best meets your needs. Flux allows both Malaysians and non-Malaysians to become Flux members, as long as they have a Malaysian credit card, mobile contact number and are above 25 years of age. International driving licence holders are also accepted. With all this, Flux offers unparalleled flexibility and unmatched convenience compared to renting, leasing and buying.

THE FLUX ADVANTAGE

Building upon the core tenets of flexibility and convenience, Flux has created a holistic ecosystem of strategic partnerships to offer consumers a seamless experience.

Our inventory is sourced from reputable automotive groups and retailers, ensuring only the best vehicles are made available to our members. The Flux collection proudly carries cars as desirable and varied in segment such as the Honda CR-V family SUV, BMW 6 Series GT fastback, Toyota Yaris hatchback, Volvo XC40 premium crossover, Mercedes-AMG CLA 45 performance four-door coupe and Kia Sportage compact crossover.

These cars, new and pre-owned alike, are independently inspected to deter- mine that each and every one is maintained to the highest standards and free of major accidents and flood damage.

On the road, Flux leverages the power of data through vehicular telematics to protect you and yours in the event of an untoward incident or to recover your belongings in the case of theft.

In the event of an accident, we have you covered. Flux has partnered with lead- ing automotive insurers for comprehensive protection and 24/7 nationwide roadside assistance to ensure your safety and assist you in every step of the post-accident process.

These partners share our vision of creating an innovative approach to private mobility, resulting in a seamless service and the absolute best experience for our members.

A NOTE FROM THE FOUNDER

“It’s unbelievable that in 2019, the only financially attractive way a Malaysian can have access to a car 24/7 all year round is through a hire purchase loan. Because buying a car, a highly depreciating asset, is probably the worst finan- cial decision a household can make.

“From my time in Silicon Valley, I observed first hand how the tech industry was disrupting the mobility space. In essence, consumers are being empowered to make better decisions with less compromise.

“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.

ABOUT FLUX

Flux was founded in 2018 by Aziz Ayman and Tan Sri Dr. Zeti Akhtar Aziz. Privately funded, Flux is based in Kuala Lumpur. Flux aims to pioneer a future mobility landscape in Malaysia and the Southeast Asian region, simplifying the relationship between consumers, cars and their dealerships. In short, to make cars only about the drive.