Sime Darby Auto Selection (SDAS) and TREVO are teaming up to offer car buyers an opportunity to fund their car ownership. This programme from SDAS, Malaysia’s fastest-growing corporate multi-brand used car dealer, and TREVO, SOCAR Mobility Malaysia’s people-to-people car sharing marketplace, seeks to revolutionise car ownership in Malaysia.
The ‘Fund Your Drive’ programme is meant to make car ownership more affordable and accessible. It does so by providing buyers of SDAS cars the means to generate an income by listing the car on TREVO. The programme also provides a guaranteed resale price at the end of a 12-month period.
This campaign runs from 2 September until 18 November 2021, to offer you the opportunity to purchase a reliable, refurbished vehicle from SDAS that has a guaranteed resale price to SDAS within 12 months through the BuyBack option. Furthermore, there will also be a guaranteed income when you list your car for rental on TREVO. This option helps to offset the cost of ownership e.g. loan repayments and maintenance fees.
The guaranteed income from car rental, is estimated to cover at least 70%* of the monthly loan repayments, and provides you with loan instalment support for 12 months. As part of the programme, you will also enjoy free auto servicing from SDAS during the 12-month period.
“This collaboration with TREVO offers a good opportunity for those who want to own an affordable car with the chance to earn extra income from it, which will also help in financing the car. Additionally, SDAS is also offering free 12-month servicing for TREVO Hosts participating in the ‘Fund Your Drive’ programme, which will provide a substantial amount of savings on car maintenance and ownership,” said Vi Thim Juan, Managing Director of Sime Darby Auto Selection.
Said Leon Foong, CEO of SOCAR Mobility Malaysia, “During this time of economic uncertainty for many, those who need to own a vehicle may be thinking twice due to the financial outlay required. Through a programme like ‘Fund Your Drive’, owners not only have a variety of reliable, pre-owned vehicles that suit their budget from SDAS to choose from, TREVO also offers them additional means to fund the expenses associated with owning a vehicle”.
According to Foong, a TREVO Host with a 2015 Hyundai Grand Starex (as an example) can earn approximately RM850 a month if the car is booked for 7 days in each month. This also leaves the Starex available for personal use the rest of the month. This supplemental income is estimated to cover nearly the full amount of the monthly loan instalment.
In line with SOCAR Mobility Malaysia’s focus on multiflex mobility, TREVO is offering Malaysians more ways to move around according to their needs. Having more listings on TREVO through this programme will expand options for these drivers.
If you are interested, you can choose from a range of car models marked with the TREVO logo in the SDAS website (https://simedarbyautoselection.com.my/) to enjoy the special privileges. This programme is open to all Malaysians.
For additional information on the ‘Fund Your Drive’ programme, WhatsApp +6019-205-2803, email firstname.lastname@example.org or by visit https://simedarbyautoselection.com.my/fund-your-drive.
* subject to TREVO’s terms & conditions