Drive Your Business Forward
Vehicle Finance
Get behind the wheel of the right vehicle – without draining your cash flow. Whether you need one car or an entire fleet, our flexible vehicle finance options help you fund business vehicles the smart way, with tailored terms and competitive rates.
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Vehicle Finance Benefits
At Lyft Money, we work with Australian businesses to finance vehicles that keep them moving – from delivery vans to luxury cars. With access to a broad panel of lenders, we match you with the right solution fast – without the dealership runaround.
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Loans from $10K to $500K+
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New and used vehicles accepted
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Business and personal use options
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Secured and unsecured loans available
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Chattel mortgage, lease, and hire purchase structures
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Competitive interest rates from trusted lenders
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Flexible loan terms from 1 to 7 years
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Pre-approvals available to buy with confidence
Why Choose Lyft Money?
Access the right funding to grow, invest, and manage cash flow with confidence. Whether you’re expanding, purchasing equipment, or need working capital, Lyft Money provides tailored finance solutions to support your business.
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Finance for all business types
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Flexible loan options
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Fast approvals
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Competitive rates from 6.24%.
Our Services
Vehicle Finance
What, When, Who?
What is Vehicle Finance?
Vehicle finance helps individuals and businesses purchase new or used vehicles through structured repayments over time. It’s available as a personal loan, chattel mortgage, lease, or hire purchase – depending on your needs and how the vehicle will be used.
You can finance cars, utes, vans, or even light trucks from dealerships, auctions, or private sellers.
When Should You Use Vehicle Finance?
Vehicle finance is ideal when:
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You want to buy a vehicle without paying the full amount upfront
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You’d prefer to keep your cash in savings or in your business
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You’re looking to upgrade your current vehicle or purchase your first
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You want structured monthly repayments with clear terms
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You’re after a tax-effective solution for business use
Who Is It Great For?
Vehicle finance works for:
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ABN holders, tradies, and sole traders needing business vehicles
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Employees looking for personal car loans
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Business owners purchasing fleet vehicles
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First-time buyers wanting guidance and a fast outcome
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Anyone wanting to avoid dealership finance traps or hidden fees
Our Services
Lyft Money Vehicle Finance
Our Service
Vehicle finance is more than just a loan – it’s your next step forward. Whether it’s for business or personal use, we help you get there faster with tailored solutions, quick turnarounds, and ongoing support
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
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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. What are the basic eligibility requirements for car or equipment finance in Australia?
You generally need to be 18+, an Australian resident or citizen, and have a regular income.
Good credit helps, but some lenders still approve if your score isn’t perfect.
2. Can I get finance with bad credit?
Yes, some lenders specialise in bad credit car loans.
You may pay a higher rate or need extra paperwork, but approvals are possible.
Example: A client with a default still secured a loan by showing stable current income.
3. Do I need a deposit, or can I get 100% finance?
No-deposit car and truck loans are common in Australia.
- A deposit lowers repayments but isn’t always required.
- Many lenders advertise “no deposit? no problem.”
4. What documents will I need?
For most applications you’ll need a driver’s licence, two recent payslips or three months of bank statements, and proof of insurance.
- If you’re self-employed, you may be able to apply under a low-doc option.
- If low-doc isn’t suitable, lenders will generally require six months of bank statements, an accountant’s letter, or recent tax returns.
Having these ready upfront helps speed up approval.
5. What happens at the end of my loan term?
With no balloon—you own the car outright.
- With a balloon—you pay, refinance, or sell the car to cover it.
6. Can I sell or trade in my car before paying it off?
Yes, you can — but the loan must be settled first.
- If you trade in with a dealer, they’ll usually handle the payout directly with your lender as part of the transaction.
- If you sell privately, the buyer can arrange finance to cover the payout letter and finalise your loan.
- Alternatively, if the buyer pays cash, they can clear the payout with your lender, and any surplus above the loan balance is paid directly to you.
7. What if my financed car is written off or stolen?
Insurance pays out first to clear your loan.
- GAP insurance covers any shortfall if the payout is less than what you owe.
8. 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.
9. What’s a balloon payment?
A lump sum due at the end of the loan to keep repayments lower.
- Example: $50,000 truck with 20% balloon = $10,000 due at term’s end.
- Works well if you plan to trade in or upgrade later.
10. Will applying hurt my credit score?
No, checking rates is usually a “soft check.”
- Only when you proceed with a specific lender is a “hard check” done, which can affect your score.
- This means you can shop around safely.