Why let your car collect dust on the porch when it can be a source of income?
As the cost of living continues to rise, financial stability is also a growing concern among Malaysians.
“How can I earn some extra cash?” is a question that many of us ask ourselves daily in the pursuit of financial stability.
With the rise of remote working in Malaysia, our cars often sit idle on our porches, collecting dust while we’re busy working with our laptops for long hours.
Unfortunately, we can’t just sell our cars in an instant because of the ongoing loan, and these vehicles are bound to be with us for the next few years at least. Additionally, depreciation is also a concern during the selling of our cars.
And then there are also those who own more cars than one for many reasons.
But what if we told you that your unused or spare car could help you earn extra cash?
Yes, you read that right. Welcome to the world of car-sharing, where your car which has been a liability all along can become a valuable asset that brings in profit regularly, thanks to platforms such as FLUX, Malaysia’s largest all-inclusive multi-brand vehicle subscription platform of new and used vehicles.
All you have to do is become a host with FLUX Become A Host car-sharing program through which someone can subscribe to your car for a period ranging between a month to 60 months.
If you’re wondering how much money you can make, FLUX hosts currently earn RM3,144 per month on average. Simply put, the more cars you share, the higher the earnings.
To be more specific, a 2020 Perodua Myvi can earn between RM800 to RM2,000 per month depending on the duration of the subscription. If you have a more luxurious vehicle like a Toyota Alphard that was registered in 2020, you can earn between RM3,920 to RM8,500 per month. The best part is that you don’t have to do any physical activity of any sort to see the money.
However, please be mindful that the rates mentioned above are only estimations, and your exact earning will depend on the mileage and condition and the year of your vehicle that is being shared.
FLUX accepts both new & used cars, so even if you have a 10-year-old car, don’t fret! It can make you money if it’s in good condition and passes FLUX’s safety and quality assurance process.
In terms of payout, FLUX’s payment management system then automatically pays out your monthly earnings to a bank account of your choosing. Everything is seamless, done online, and you get paid on time.
Becoming a Host with FLUX is simple and completely FREE – just submit an inquiry on their website with your contact information and car details and they will get back to you with a quote.
Once you’re happy with the quote, FLUX will take care of the rest, including taking photos of your car, listing, finding subscribers, and picking up and delivering the car without using any third-party contractors. FLUX will also install telematics devices and deliver your car to subscribers once you’ve received a booking.
Realising the fact that you still love your car and care for it, FLUX promises to ensure that it knows exactly who has your car, where they’re driving it to, and everything in between.
Worried about your car’s safety? Don’t worry, as FLUX carefully screens all drivers by verifying details such as their credit history, bank statements and ensuring they have a valid driving license, so you can rest assured that your car will be fully protected by comprehensive insurance by FLUX insurance panels as well.
So, if you have a vehicle that is rarely being used and you’re in need of another source of income, head to the FLUX website now, get yourself registered as a host today, and let your car and the folks at FLUX help you make that extra cash you’ve always needed!
Want to know how much your car could help you earn? Visit www.driveflux.com/host to sign up and get a quote!