GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News BMW Malaysia Launches Easy Drive BMW Malaysia Launches Easy Drive Auto News Aswan | February 15, 2019 04:20 pm As we head out of this decade, we are seeing great steps forward when it comes to finance and e-commerce solutions of consumers across all industries. The automotive industry is no different, with brands launching their own flexible payment plans for both sales and aftersales, as well as leasing options. BMW Malaysia has just launched Easy Drive, which is a customer-oriented mobility solution.In simple terms, it's a flexible financing solution. Initial downpayments can be between 10% and 30%, with a loan tenure of three to four years, and a mileage option of 20,000 or 25,000 km annually. Based on these parameters, a monthly instalment plan and guaranteed future value will be established and agreed upon, which in turn protects customers from unexpected depreciation. That guaranteed future value also serves as final payment for the loan.At the end of the tenure, customers can choose between four options. The first is to trade the car in and upgrade to another BMW or MINI model, which allows them the option of newer or different vehicles. The second is to return the vehicle with no worry about the reselling process and no further obligations. The next option is to settle the final payment, which in turn transfers the car to the customer and makes them the owner. And the final option is to extend the contract term to enjoy the car for another couple of years.Top up and additional RM 110 to the monthly instalments and customers will get the Easy Drive Prime package, which adds a few goodies and three year coverage of the Ultimate Protection Programme Elite which is a more holistic insurance plan underwritten by Allianz General Insurance, covering special relief, scratch and dent, compassionate flood cover, and more. Yes, it sounds like the financing programs offered from other brands, which all suspiciously sound like a lease. Unfortunately in Malaysia, lease programs aren't viewed favourably by the public even though they make the most sense when one considers the actual running costs of the car and the headache of disposing of the car at the end of a loan term or when an owner wants to swap models. With time, Malaysians may just see the value in leasing instead of buying. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags BMW Financing Flexi Drive Sashi Ambi Print Related News BMW Easy Drive’s Unbeatable Deals Brings You Closer to Your Dream Car Auto News Carlist.my Admin | May 31, 2023 At a certain tier in the automotive industry, one expects to reach a level where a car’s prestige level, status, and repute inevitably trickle into ... Audi Malaysia Introduces Progressive Financing Plan Auto News Gokul | March 08, 2016 Audi Malaysia has announced the introduction of the Audi Progressive Financing Plan in an effort to provide a more flexible payment scheme for ... With a warranty up to 7 years, BMW Premium Selection makes ownership worry-free Insights Jim Kem | October 09, 2023 When it comes to luxury automobiles, BMW has long been a symbol of precision engineering, performance, and elegance, which perfectly explains why ... Start savouring 2024 early in your own fully electric BMW with BMW Easy Drive Insights Carlist.my Admin | December 08, 2023 Owning a BMW isn't just about having a luxury vehicle; it's about embracing a unique and exhilarating driving experience that comes with it. The joy ... Comments
BMW Malaysia Launches Easy Drive Auto News Aswan | February 15, 2019 04:20 pm As we head out of this decade, we are seeing great steps forward when it comes to finance and e-commerce solutions of consumers across all industries. The automotive industry is no different, with brands launching their own flexible payment plans for both sales and aftersales, as well as leasing options. BMW Malaysia has just launched Easy Drive, which is a customer-oriented mobility solution.In simple terms, it's a flexible financing solution. Initial downpayments can be between 10% and 30%, with a loan tenure of three to four years, and a mileage option of 20,000 or 25,000 km annually. Based on these parameters, a monthly instalment plan and guaranteed future value will be established and agreed upon, which in turn protects customers from unexpected depreciation. That guaranteed future value also serves as final payment for the loan.At the end of the tenure, customers can choose between four options. The first is to trade the car in and upgrade to another BMW or MINI model, which allows them the option of newer or different vehicles. The second is to return the vehicle with no worry about the reselling process and no further obligations. The next option is to settle the final payment, which in turn transfers the car to the customer and makes them the owner. And the final option is to extend the contract term to enjoy the car for another couple of years.Top up and additional RM 110 to the monthly instalments and customers will get the Easy Drive Prime package, which adds a few goodies and three year coverage of the Ultimate Protection Programme Elite which is a more holistic insurance plan underwritten by Allianz General Insurance, covering special relief, scratch and dent, compassionate flood cover, and more. Yes, it sounds like the financing programs offered from other brands, which all suspiciously sound like a lease. Unfortunately in Malaysia, lease programs aren't viewed favourably by the public even though they make the most sense when one considers the actual running costs of the car and the headache of disposing of the car at the end of a loan term or when an owner wants to swap models. With time, Malaysians may just see the value in leasing instead of buying. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags BMW Financing Flexi Drive Sashi Ambi
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
BMW Easy Drive’s Unbeatable Deals Brings You Closer to Your Dream Car Auto News Carlist.my Admin | May 31, 2023 At a certain tier in the automotive industry, one expects to reach a level where a car’s prestige level, status, and repute inevitably trickle into ...
Audi Malaysia Introduces Progressive Financing Plan Auto News Gokul | March 08, 2016 Audi Malaysia has announced the introduction of the Audi Progressive Financing Plan in an effort to provide a more flexible payment scheme for ...
With a warranty up to 7 years, BMW Premium Selection makes ownership worry-free Insights Jim Kem | October 09, 2023 When it comes to luxury automobiles, BMW has long been a symbol of precision engineering, performance, and elegance, which perfectly explains why ...
Start savouring 2024 early in your own fully electric BMW with BMW Easy Drive Insights Carlist.my Admin | December 08, 2023 Owning a BMW isn't just about having a luxury vehicle; it's about embracing a unique and exhilarating driving experience that comes with it. The joy ...