A new way to buy and sell cars

Facebook has launched an automotive marketplace in Australia.

Facebook revolutionised the way we view social media, and now the tech giant has made its first venture into Australia’s automotive marketplace.

The service launched in Australia following success in the UK and US and enables car dealers and the public to buy and sell cars on the social media platform.

Accessed through the Marketplace tab on either the app or website, prospective buyers can search through thousands of used and new cars.

Facebook Auto Marketplace

Buyers can filter down results by proximity, year, make, model, kilometres travelled and transmission.

If the buyer requires more information, contact with the seller is instantaneous through Facebook Messenger.

Dealerships across Australia also list their stock of cars and motorbikes available for purchase.

Facebook has teamed with car selling and trading platforms The Drive Network, Autotrader Australia, Carsales, I-Motor, Dealer Solutions, AdTorque Edge, EasyCars and more to populate the site.

The move into the automotive marketplace was long predicted after Facebook launched its eBay and Gumtree competitor Marketplace in 2016.

Once you’ve decided on a vehicle to purchase, visit RACQ Bank for a secured car loan made to suit your lifestyle with low interest rates and unlimited additional repayments so you can pay your loan off faster.

RACQ members can also enjoy a full list of discounts and offers on products, restaurants, movie tickets, theme parks and save 4c per litre on fuels at participating Puma Energy Petrol stations across Queensland*.

Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Fees, charges, terms, conditions and lending criteria apply. Contact us for a copy. This is general advice only and may not be right for you.

*The discount is limited to 120 litres per member, per day. Retail partners, offers and discounts may change at any time without notice. Get the RACQ Discounts App or visit racq.com/discounts for the conditions, limits and exclusions for each offer.

The information in this article has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained in the document is general advice and does not take into account any person’s particular investment objectives, financial situation or needs. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives, financial situations and needs.