That's the basis of a tie-up between multi-brand used car dealer Sime Darby Auto Selection (SDAS) and TREVO, SOCAR Mobility Malaysia’s people-to-people car sharing marketplace.
The so-called "Fund Your Drive" programme, the first of its kind in Malaysia – seeks to make car ownership more affordable and accessible, by providing the means for buyers of SDAS cars to also generate income from their vehicles by listing it on TREVO and a guaranteed resale price at the end of a 12-month period .
The programme runs from today until Nov 18 and offers a variety of reliable, refurbished vehicles of various makes from SDAS, a division under Sime Darby Motors.
The guaranteed income from rental of the car to TREVO helps offset the costs of ownership such as loan repayments and maintenance fees.
The guaranteed income is expected to cover at least 70% of the monthly loan repayments, and provides car owners with loan instalment support for 12 months. As part of the programme, car owners will also enjoy free auto servicing from SDAS for the 12-month period.
SOCAR Mobility Malaysia CEO Leon Foong said a TREVO host who owns a 2015 Hyundai Grand Starex, for example, can earn around RM850 a month if the car is booked for 7 days in each month, while also keeping the car for personal use on the other 23 days in the month. The supplemental income is estimated to cover almost the full amount of the monthly loan instalment.
Interested buyers can choose from a range of car models marked with the TREVO logo on SDAS’ website https://simedarbyautoselection.com.my/ to enjoy the special privileges.
More information on the "Fund Your Drive" programme can be obtained through WhatsApp at +6019-205-2803, by emailing supply@trevo.my or by visiting https://simedarbyautoselection.com.my/trevo.
This programme is open to all Malaysians.
