Flexible, Tailored Business Finance for Growing Australian Businesses

   1800 005 938   Level 14, 3 Parramatta Square, 153 Macquarie St, Parramatta NSW 2150

Finance options for second hand cars, private sales and more across Australia

Used Car Loans Australia

Buying a used car does not mean you need to pay upfront in full. At Lyft Money, we make used car finance simple, fast and flexible, whether you are purchasing from a dealership, private seller or online marketplace like Facebook, Gumtree or CarsOnline.

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Business Vehicle Finance Benefits

At Lyft Money, we make it simple for Australian businesses to purchase the vehicles they need without impacting cash flow. Whether you’re a sole trader or managing a team, we tailor funding to your business and budget.

  • Suitable for cars, vans, utes, and fleets

  • ABN-only, full-doc, and low-doc options

  • Fast approvals and minimal paperwork

  • Choose from chattel mortgage, lease, or hire purchase

  • Finance vehicles new or used from dealer or private seller

  • Tax-deductible interest and depreciation (consult your accountant)

  • Finance up to 100% of the purchase price

  • Tailored terms from 1 to 7 years

Finance a Car from Facebook Marketplace, Gumtree or CarsOnline

Did you know you can get car finance even when buying privately? You are not limited to dealerships.

Lyft Money specialises in used car loans for private sales, making it easier to buy from platforms like:

  • Facebook Marketplace

  • Gumtree

  • CarsOnline

  • CarSwap

  • Private sellers across Australia

We will handle the background checks, paperwork and payments directly so your purchase is protected and your finance is secure.

Our Services

Used Car Loan Options to Suit You

Facebook Marketplace

Found the perfect car on Facebook? We offer fast finance so you can secure your vehicle with confidence.

Gumtree icon

Gumtree

Buying through Gumtree? Our team will support your private sale finance from application to settlement.

Carsales

Get approved for used car finance on Carsales listings with competitive rates and flexible terms.

Carma

Finance your next quality used car from Carma with ease, backed by fast approvals and expert guidance.

Only Cars

If you are shopping on Only Cars, we can help with pre approval and paperwork for a smooth purchase.

Greys Online

Need finance for a car on Greys Online? We will help you bid with confidence and arrange funding quickly.

What, When, Who?

What Are the Current Used Car Loan Rates?

Interest rates for used car loans vary depending on your credit profile, loan term and vehicle age. At Lyft Money, we help you compare and secure the best used car loan rates for your situation so you know exactly what to expect.

We also offer:

  • Pre approvals with no pressure to commit

  • No hidden fees

  • Flexible repayment terms to suit your budget

How Much Can I Borrow?

Not sure what your budget can get you? At Lyft Money, we make it easy to find out. Simply request a no obligation quote and we’ll show you what finance options are available based on your needs and situation. Whether you are looking at a seven thousand dollar hatchback or a twenty five thousand dollar SUV, we will match you with a solution that fits your goals.

How do I safely buy a used car with finance from a private seller?

  • Verify the vehicle's ownership and check for existing finance

    A PPSR check (Personal Property Securities Register) confirms if the car is under finance, stolen, or written off.

  • Confirm the seller's identity

    Ensure the name on the registration matches their driver’s licence to avoid fraud.

  • Only release funds after proper documentation is signed

    Your finance provider will request a signed sale agreement or invoice before releasing funds to the seller.

  • Complete the transfer of ownership through your state authority

    After payment, register the vehicle in your name through your local road authority (such as Service NSW, VicRoads or TMR QLD).

Our Service

Get a no obligation quote on used car finance today – fast, flexible and tailored to your needs.

Contact Us

Ready to Get Started?

Apply in minutes – no upfront costs, no obligation, and no impact on your credit score. Just straight-up support, when you need it

Drive with Confidence — Ask Us About Used Car Warranties

Buying second-hand doesn’t mean driving unprotected. At Lyft Money, we’ve partnered with AWN (Australian Warranty Network) – Australia’s leading motor vehicle warranty provider for six years running – to give our clients extra peace of mind when purchasing a used vehicle.

Whether you’re buying from Facebook Marketplace, Gumtree, or a private seller, mechanical issues can pop up unexpectedly. That’s where AWN’s extended warranty protection comes in.

Why Choose an AWN Warranty with Your Used Car Loan?

  • No Excess on approved warranty claims

  • 24/7 Roadside Assistance available

  • Flexible Payment Options – choose from 10 or 24-month payment plans

  • Approved Repairers Australia-Wide

  • Warranty Available for Cars & Caravans

  • Australian-Based Support through a locally owned call centre

Proven Track Record

  • 30+ years in the industry

  • Over $182 million paid in claims

  • 4.7-star rating from 1,300+ client reviews

  • #1 Warranty Provider in Australia – 6 years in a row!

Want More Info?

We’ll walk you through your options when discussing your used vehicle loan. You can also check out the AWN Product Review link here and download the official Product Disclosure Statements (PDS) for full terms and conditions.

Ask Us Today

Chat with the Lyft Money team about adding a warranty to your used vehicle finance. It’s one of the smartest ways to protect your investment — especially when buying privately.

Testimonials

what people say about us

Jane Sonata
Jane Sonata
Getting a car loan through Outgrid was the best decision I ever made. The entire process was smooth, and I was able to drive away in my dream car within days!
Travis Baker
Travis Baker
Getting a car loan through Outgrid was the best decision I ever made. The entire process was smooth, and I was able to drive away in my dream car within days!
Logan Diggs
Logan Diggs
Getting a car loan through Outgrid was the best decision I ever made. The entire process was smooth, and I was able to drive away in my dream car within days!
Kate Morrison
Kate Morrison
Getting a car loan through Outgrid was the best decision I ever made. The entire process was smooth, and I was able to drive away in my dream car within days!

Frequently asked questions

Find answers to commonly asked questions.  If you still need help, feel free to contact us by clicking the blue button below.

1. How does financing a used car or truck work in Australia?

Financing a vehicle means borrowing from a lender and repaying in instalments, usually with the car as security.

  • The lender pays the seller, you drive away, and you repay over time with interest.
  • Example: A $30,000 loan over 5 years at 6% = about $580/month. At the end, the car is 100% yours.

2. Can I finance a used vehicle, or is finance only for new cars?

Yes, you can finance both new and used vehicles in Australia.

  • Most lenders set age limits, meaning the vehicle must not be older than 12–20 years by the end of the loan term.
  • In addition, we also work with lenders who have no age restrictions, which is helpful if you’re purchasing a classic car, an older truck, or specialised equipment.
  • Used car loans may carry slightly higher rates than new cars, but financing utes, trucks, and second-hand vehicles is very common.

3. Should I get car finance from a dealer, a bank, or a broker?

All three work, but costs and flexibility differ.

  • Dealers = convenient but may include hidden fees.
  • Banks = stable rates, but you do the shopping.
  • Brokers (like us) = compare multiple lenders to find you the best deal.
  • Smart tip: Always check the comparison rate, not just the advertised interest rate.

4. What’s the benefit of getting pre-approved before shopping?

Pre-approval shows you your budget upfront and strengthens negotiations.

  • You shop with confidence and speed up settlement.
  • Example: With pre-approval for $40k, you know your limit and avoid pushy dealer finance.

5. What’s the difference between a secured and unsecured car loan?

A secured loan uses the car as collateral, giving lower rates.

  • An unsecured loan doesn’t use the car as security, but interest rates are higher.
  • Most Aussies use secured loans, but unsecured is an option for very old vehicles or personal reasons.

6. Why finance a car instead of paying cash?

Car finance helps you get on the road sooner and preserve savings.

  • Businesses may also claim tax benefits.
  • Example: Financing spreads a $40,000 ute over 5 years instead of draining savings upfront.

7. What’s a novated lease and is it better than a car loan?

A novated lease is salary packaging through your employer, often tax-effective.

  • A car loan = you own the car from day one.
  • A novated lease = employer pays, you may buy or hand back at term’s end.
  • Great if your employer offers it, but mainly for new cars.

Get a Quote

Looking for the best rates on your business loan?

Lyft Money has you covered! Our simple quote process makes it easier than ever to secure the funding you need to grow your business.

Complete the form to get a quote. One of our specialist brokers will be in touch within 24 hours to discuss your options.