Car-buyers and car dealerships now have an easy, quick and safe way to secure car financing with Tras, Malaysia’s first digitally integrated automotive financial solutions platform. Operated by EON Capital Sdn Bhd, part of the DRB-HICOM Group, the platform connects customers, car dealers, and banks into one digital ecosystem.
This allows customers the flexibility of applying for financing from various partner banks, and obtaining and accepting offers quickly via a single platform. Through partnerships with 3 licensed Malaysian banks at its onset, customers can apply for financing to all 3 simultaneously and see what rates are offered.
There is no need to go to any office – so no need to struggle through a traffic jam and then look for parking – as applications are submitted digitally via the platform. Subject to availability of all relevant documents and qualification, financing approvals can be obtained in as little as 30 minutes, the company says.
Tras also comes with a ‘CarCulator’ feature, an intuitive tool that suggests cars that best fit a customer’s financial profile. Besides calculating monthly repayment amounts, the CarCulator goes further to recommend vehicles that best fit the customer’s budget, giving an added layer of guidance to customers in making their best purchase decision.
Customers also have the option to opt for the platform’s Extended Warranty Programme which provides coverage of up to 2 years beyond the manufacturer’s standard warranty. This additional protection mirrors the original warranty (in terms of what items and areas are covered), safeguarding customers against unexpected repair costs and ensuring long-term peace of mind.
“Everything is done seamlessly via Tras. By integrating key aspects of the financing journey, including creating comparisons between financing packages, we provide customers with the information they need to make better informed financial decision on their car purchase,” said Kazrin Khairul Anuar, CEO of EON Capital.
“The Tras platform has seamlessly integrated with EON’s client relationship management platform, allowing for automatic creation of financing applications for every car-buyer who consents and needs financing for their car purchase,” he added.
As an introductory offer, Tras is offering preferential rates as low as 1.79% for selected car purchases for financing applications through the platform. There is also an exclusive 10% discount on the Extended Warranty Programme for non-EV models of Proton, as well as Mitsubishi, Audi, and Volkswagen models (purchased through EON dealerships). This special promotion will run until September 16, 2025.
For this campaign period, Tras guarantees notifying customers of a decision on their loan application within 24 hours after submitting their documents. “If you don’t hear from us within that time, we will compensate with RM50 worth of TNG e-wallet,” Encik Kazrin said.
