Used Car Loans

With Money3, you could get your car loan pre-approved¹ for up to $35,000. All vehicle types are considered and that includes second hand or used cars. You may already have found the car you are interested in purchasing or you may first simply want to know how much you can afford to borrow, before going out to a dealership to test drive the vehicle. Either way, Money3 may be able to help¹.

So How Does it Work?

If you already have a used car in mind, either from a dealership, friend or private seller, the first step is to get your loan pre-approved¹ by Money3, so you know exactly how much you can afford and you can negotiate the best price for your vehicle with confidence. Your loan pre-approval offer is subject to final approval.

Money3 will consider all types of used vehicles from cars to caravans or even boats!

Getting Pre-Approved

If you are concerned about getting your loan pre-approved, Money3 will give you a fair go¹. Unlike other lenders and high street banks, we will look at your individual circumstances when reviewing your application, your current financial situation and your ability to repay.

If your current financial situation is not perfect, Money3 may still be able to help. So if you are on Centrelink or have had bad credit in the past, we'll take a fresh look at your application when considering your loan request.

Get Pre-Approved Fast

Used Car Loans up to $35,000

As a responsible lender, how much you will be able to borrow will be based on how much you can affordably repay within the loan term.

Be Over 18 Years Old
Income or Benefits over $400 a Week¹
Be an Australian Resident
Get Your Income Paid into Your Account
Be Employed or Receiving Centrelink¹

1. Subject to verification, suitability and affordability

Getting Your Vehicle

Whether you are browsing websites such as CarSales.com.au or Gumtree.com.au, a private seller or a dealership to find your used car; Money3 can assist in all these situations¹. Once you have your loan pre-approval, you can find your vehicle with confidence, agree on a sale price and then let us know the details of the vehicle you'd like to purchase.

City Cars
Sedans
Hatchbacks
Convertibles
Compact Cars
Station Wagons
Hybrid Cars
Electric Cars
Luxury Cars
Crossover Vehicles
Coupes

We'll guide you through the process from here, so you can start driving away with your as good as 'new' car.

Get Pre-Approved Fast

Used Car Loans up to $35,000

Campervans Utes

Trailers

Jet Skis

Trucks

Ride on Mowers

Tractors

Common Questions

Can Money3 help find me a used car?

We can't help you find your vehicle, but when you have a confirmed loan offer from us¹, you will know how much you could spend on a car or other vehicle. This will put you in a better position when checking out suitable vehicles online or with your local dealerships.

Does Money3 lend against other used vehicles, such as Motorbikes or Motorhomes?

Yes, we do. Whatever the vehicle from used motorbikes to used motorhomes, Money3 could help¹.

Do I have to go through a dealership?

No, that's not necessary. Dealerships, private sellers, online or other sellers are considered.

Should I find a vehicle first, before I apply to Money3?

Yes, you can, but you don't have to. Sometimes it is better to know how much you can borrow, before looking at vehicles. If you already have a vehicle in mind, that is OK too. We will work with you to get the loan assessed as soon as possible.

Do you provide used car loans to people on Centrelink?

Yes, we do¹. We look at your income as a whole, whether from Centrelink, employment or both. As long as your income is over $400 a week, we will consider your application.

Can I get a car loan if I have a bad credit history?

Yes, you can¹. We'll review your current situation and ability to manage your car loan repayments when evaluating how much credit you can safely manage.