If you want to drive a Tesla EV in Malaysia but don’t want to get it through the typical hire purchase process, Flux is offering the Tesla Model Y and Model 3 on subscription. To celebrate the addition of Tesla vehicles to their car subscription fleet, Flux is offering 5% off on the entire subscription plan if you take up their 36-month contract.
The Tesla models on Flux are the long range models which can provide up to 533km of range on the Model Y and up to 576km of range on the Model 3. Similar to other vehicle options on Flux, the monthly subscription comes with comprehensive insurance, road tax, maintenance as well as wear and tear included. All you’ll need to pay is a one-time upfront fee and a fixed monthly subscription fee until the end of the contract period.
Tesla isn’t officially available in Malaysia but Flux is offering its subscribers a bumper-to-bumper 4-year warranty for greater peace of mind. It also provides a concierge service which delivers a door-to-door service to handle all of your maintenance and document renewals. Also included are 24/7 nationwide unlimited roadside assistance, emergency dispatch services and car theft recovery for extra layer of protection.
Since you’ll need to charge the car regularly, Flux will also install a wall box charger for free with basic installation when you subscribe the Tesla vehicles for 36 months.
Tesla Model 3 subscription
The Model 3 is Tesla’s compact sedan and it’s usually going for more than RM300,000 via local grey importers. On Flux, you can subscribe the Tesla Model 3 for RM9,380/month on a 12-month contract, RM8,125/month on a 24-month contract and RM7,200/month on a 36-month contract.
The listed subscription prices come with a Lite Mileage package which comes with 1,250km mileage per month. Excess mileage is charged ar RM4.91/km. If you need to drive longer distances, you can upgrade the mileage pack to Standard with 2,000km per month for an extra RM1,034/month. There’s also an unlimited no mileage cap option which will cost you an extra RM3,447/month.
During sign up, there’s a non-refundable upfront fee of RM7,528. In total for the first year, you’ll be looking at spending RM84,808 with a 36-month contract. Flux claims that the subscription model allows you to “save” RM100,163 in your first year versus getting the Model 3 on a car loan.
Tesla Model Y subscription
If you prefer a larger crossover EV, there’s also the Tesla Model Y. Typically, it is going for over RM400,000 through local grey importers. On Flux, they are offering it for RM11,620/month on a 12-month contract, RM10,066/month on a 24-month contract or RM8,500/month on a 36-month contract. Do note that the advertised monthly fees are without the applicable 6% tax.
1,250km monthly mileage is included with the subscription and excess mileage is charged at RM6.09/km. If you need more, the standard mileage option at 2,000km per month will cost you an additional RM1,281 per month. Meanwhile, the unlimited no mileage cap option costs an extra RM4,270 per month.
The non-refundable upfront fee for the Model Y on Flux is RM9,326. In comparison to a car loan, Flux claims that you will save RM118,319 in the first year of ownership if you subscribe via Flux.