Buy Swap And Sell – Monzi Explores How You Can Make Deal

Buy swap and sell online to score a bargain or offload some possessions that you no longer need. Learn all the tips and tricks of being a savvy buyer or seller with Monzi today. Our buy swap and sell guide may outline all the information that you need to know. Let’s go.

Please note, certain ideas and products presented in this article may not be offered by Monzi nor the lenders we work with. This article presents only general information. Consider seeking professional financial, taxation, legal or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

Buy, swap and sell: what’s it all about?

Are you looking to offload some unwanted possessions? Maybe you’re looking to purchase some secondhand items at a great price. That’s what buy swap and sell platforms are designed for. In short, they conveniently connect local buyers and sellers allowing them to work out a deal directly.

Firstly, if you’re a seller, then you can post your ad. With this, you’ll need to provide photos, a description, a price and your location. Depending on the platform that you are using, you may need to provide contact details too. Your ad will then go live and be discoverable by people in your local area, some of whom may be interested in buying.

On the other hand, if you’re a buyer, then you can search for what you are looking for. As an example, maybe you’re looking for a new mountain bike. Pop that in the search bar and all the listings in your local area should come up. From there, you can make contact to arrange a deal.

And that’s all there is to it. While that covers the basics of buying, swapping and selling, there is much more to know if you’re looking to use these platforms effectively. Read on as Monzi breaks it down for you. Let’s get started.

What can I buy or sell?

One thing that you will notice while browsing these platforms is that you can buy just about anything. Ads range from normal items such as fridges or couches through to the more peculiar (e.g. jousting sticks). However, as a guide, some of the most popular listings include:

  • Furniture (e.g. tables, chairs, desks)
  • White goods
  • Electronics (e.g. phone, TVs, gaming consoles)
  • Books
  • Clothes
  • Sport or recreation items (e.g. fishing rods)
  • Memorabilia
  • Art
  • Cars, motorbikes or other machinery.
  • Rooms for rent

Given this, these platforms may be a great way for you to save money by buying certain necessities secondhand. However, remember that in most cases, these items will be used. As a result, before you agree to any deal, ensure that you have inspected and tested it to confirm that it functions as it should. Consumer laws don’t necessarily protect these transactions, meaning it may be difficult for you to get a refund if the item is faulty.

Where can I buy, swap and sell?

So, the all-important question. Now that you know what buy, swap and sell platforms involve and how you can use them, you want to know which one is the best. To get you started, we’ll cover three of the most common sites: Facebook Marketplace, Gumtree and eBay. However, remember that there may be other options and that Monzi cannot say with certainty which is the best.

In any case, let’s take a closer look:

Facebook Marketplace

Arguably the number one most popular buy, swap and sell platform will be Facebook Marketplace. After all, almost all of us have a Facebook account. With this, just click the Marketplace icon in the app or follow the prompts via desktop. From there, you can post your ad or scroll through all the items for sale in your local area. Best of all, Facebook Marketplace is free to use and will likely provide the greatest exposure when you’re looking to sell an item.


If Facebook is not your thing, then Gumtree is typically seen as your best alternative. Just like Facebook Marketplace, it’s free to use. So, whether you’re looking to sell an old dining room table or purchase a new motorcycle, Gumtree may have what you need.

With this, benefits include that you can search for what you need and can change your location settings (e.g. ads within 50kms) to see what’s available not just in your local area but in surrounding areas too. While it may not have quite as much traffic as Facebook Marketplace, your ad should still get plenty of attention.


Your final option could be eBay. eBay has been one of the leading platforms for well over a decade and has a strong international presence. In other words, while Gumtree and Marketplace may be better for selling in your local area, if you’re looking to cast a wider net, then you may consider eBay instead. In addition to this, eBay provides an easy-to-use and stylish website and may facilitate online payments.

What are the pros and cons of buy, swap and sell marketplaces?

Let’s start with the positives. Key benefits of buy, swap and sell platforms include:

  • You may be able to post quick and convenient ads for free.
  • Your ad is shown to people in your local area.
  • Buyers come to you and may contact you via direct message. From there, you can work out a deal without the need for intermediaries.
  • Some platforms may offer paid options allowing you to boost your post to reach a wider audience.
  • Sites such as Facebook Marketplace allow you to use your existing account rather than establishing a new one.

However, it’s not all positive. There are a few drawbacks you may need to take into consideration before you post an ad or begin browsing. This includes:

  • You may not be able to get a refund if the product you buy is faulty or defective.
  • These sites may attract scammers or timewasters, meaning you must remain vigilant.
  • You have to negotiate the deal and arrange the transfer of goods.

Ultimately, weigh up the pros and cons to determine if buy, swap and sell platforms such as Facebook Marketplace could be for you.

How do I become an effective seller?

As any salesman will tell you, if you want to sell an item, then you must make it appealing. Luckily, Monzi’s here to provide you with a few tips and tricks to make your ad an effective one. See below for more:

  • Take great pictures: buyers want to know about the item’s condition. Detailed photos ensure buyers know exactly what they’ll be getting and the state of the item. Few or poor-quality images often make your ad seem shady.
  • Set a reasonable price: while haggling will undoubtedly occur, it’s important to have realistic expectations. If any item is old and worn, don’t expect someone to pay for it as if it were new.
  • Provide a detailed description: include any key measurements (e.g. height), faults or notes that may be important to your buyer. Again, people want to know exactly what they are buying. That’s why an accurate and detailed description is so important.
  • Be responsive: while timewasters have a habit of creeping into your inbox, aim to reply to as many messages as possible. Moreover, aim to do this promptly, otherwise, you risk the potential buyer losing interest.

If you can follow each of the points listed above, then you may sell your item in no time. However, if you’re not having any success, then review your listing and see where you could improve.

How do I use buy, swap and sell sites safely?

When you buy directly from another person, you often do not have the same protections afforded to you as when you purchase from a retailer. As a result, there are a number of steps that you must take to ensure that you are buying and selling safely. With this, key tips include:

  • Meet in a public place, with CCTV cameras, when completing a transaction.
  • Whenever possible, don’t invite strangers to your home or allow them entry.
  • If an item is priced too low and the deal seems “too good to be true”, then it usually is and should be avoided.
  • Ensure that when you inspect the item that it aligns with the description provided in the initial ad. Discrepancies may be a red flag that could cause you to walk away from the deal.

Note that while these tips may seem overly cautious, they may protect you from being scammed. Ultimately, the key point is that you must be careful.

How much does it cost to post an ad?

Unfortunately, Monzi cannot say with certainty, as it will depend on the platform that you use. As a result, check the terms and conditions before posting your ad. In some cases, you may not be charged unless you sell the item.

Generally speaking, both Gumtree and Facebook Marketplace allow you to post ads for free. As a result, if you want to keep the full sale price of your item, then they may be your best option. However, it is worth noting that Gumtree does offer some paid ad services, allowing you to boost your post in return for a small fee. So, if you’re looking to get something off your hands pronto, this may be something to investigate.

Finally, there may be some paid platforms that you can use. While Facebook Marketplace and Gumtree will usually be effective for most products, these platforms may be better for certain items (e.g. selling a car). As a result, you must consider what you’re trying to sell to decide which is best.

How do I decide what the price should be?

Arguably the most difficult part of selling old items is pricing them. While you want to get a fair return on what you are selling, you also don’t want to be unrealistic. As a result, it’s critical to find the right balance. To do this, there are a few steps you can take.

Firstly, look around for listings advertising similar products and compare the price as well as the condition of the item. Next, consider what you initially paid for it, how much you have used it and how old it is. Finally, aim to stay flexible. While you may have a price in mind, it’s usually good to be open to discussion. That way, you may work with a prospective buyer to come to a deal.

By following these steps, you may be able to appropriately price the items that you are selling. While there are no hard and fast rules, it’s usually best to be realistic in your asking price. Otherwise, most buyers will stay away.

Buy, swap, sell: the art of haggling

It doesn’t matter whether you’re looking to buy or sell, haggling is almost certain to be part of your transaction. In short, haggling refers to the practice of negotiating the price of an item between buyers and sellers. While it can be frustrating for sellers, it can often be effective when you’re looking to buy. As a result, you must understand how to haggle effectively. If you’re lucky, you could get the item you want, at a price you love.

Given this, if you are a buyer looking to haggle, key tips include:

  • Be realistic: don’t insult the seller or waste their time by offering a price that is far too low.
  • Understand that they may say no.
  • Research the product and find similar ads that could be used for bargaining.
  • Have the cash-on-hand to complete the transaction.
  • Keep it friendly: if you are aggressive, then most people will not be willing to work with you.

On the other hand, if you are selling a product and someone is trying to haggle with you, ensure you set a firm price and do not budge. People are always looking to swindle you, so stick to your guns. That said, make sure that your asking price is reasonable.

Man looking to score a great deal on buy swap and sell platform

How are items transferred?

Once you’ve reached an agreement with a prospective buyer, then the last step is to exchange the goods and cash. In most cases, there will be a few ways to do this. The best method, though, may depend on the item that you are selling.

Firstly, you can make the swap at your home. Obviously, this will be convenient as the buyer comes to you. From there, you can allow them to inspect the product and complete the deal. Before you know it, you may have the cash pocket.

Next, you could meet somewhere public that is accessible for both parties. The benefit here is that you don’t have to invite a stranger into your home. From there, you can complete the transaction and head home.

Finally, you could ship the item. As you may expect, this will be the preferred method if your buyer is not based locally. However, it could also come in handy if you are unable to arrange a time and place to meet. With this, take care to ensure that payment is received before you send the item.

Should I use buy, swap and sell sites?

Yes, these platforms can be a great resource for you no matter your background.

From a selling perspective, it can help you reduce the amount of stuff you own. As a result, it can be perfect if you’re moving house soon or are simply looking to free up some space in your garage. Best of all, buyers come to you and you’re able to work out a deal directly with them.

On the other hand, from a buying perspective, if you’re on a tight budget, then buying secondhand is often a great way to exploit a gap in the market. If you do your research and find the right ad, then you can potentially find good-quality used products at a price that won’t break the bank.

At the end of the day, these platforms have gained significant popularity for a reason. They can help you score a bargain or get rid of some junk from around your home. Do your research to determine if it may be right for you.

Can I get a refund if I buy something faulty or defective?

Unfortunately, if you buy something via an online swap and sell platform, then refunds may not always be possible. This is because you are conducting a private transaction. In other words, it’s between you and a seller. As a result, to get a refund, you typically cannot go through official channels, but instead, you must approach the seller directly.

Obviously, this is one of the key downsides that comes with peer-to-peer selling and is something that you must be aware of. As a result, take care to ensure that you know exactly what you are buying. Where possible, buy from a verified seller and make sure that you can inspect or test the product in-person. If the buyer is reluctant to allow you to see what you are buying, then that will likely be a red flag and you may be wise to look elsewhere.

Where can I buy, swap and sell from?

Are you looking to buy, swap or sell in Ballarat? Maybe you want to find a buy, swap and sell group in Mackay. Wherever you are, the good news is that platforms such as Facebook Marketplace and Gumtree should be accessible Australia-wide. So, if you need to buy or swap in Bendigo or want to sell in Wagga, there could be options for you.

However, keep in mind that if you are in a rural area or a town with a small population, then it may be harder to find buyers or sellers. As a result, you may need to expand your search to encompass a larger area. For instance, if you’re in Queensland, your search may range from buy swap and sell Townsville down to buy swap and sell in Gympie.

What happens after I’ve sold my item?

So, the deal is done. You posted an ad to sell your TV cabinet, a friendly local got in touch to buy it and they came to pick it up. Now what? In short, you have to take your ad down. After all, you don’t want to have to deal with continual inquiries regarding an item that you no longer have in your possession.

This is one handy feature that Facebook Marketplace provides. Check your listing and you should find a button allowing you to mark the item as sold. From there, your ad will no longer be visible while any potential buyers that you were chatting with will be sent a message informing them that the item is no longer available. As a result, it can save you the time and hassle.

Knowing your buyer: Facebook Marketplace

While there are numerous online buy, swap and sell websites, Facebook Marketplace has established itself as a leading platform in recent times. In short, this is not only due to the convenience (i.e. most of us have an account already), but also because there are other benefits too.

One key benefit is the fact that you have access to any potential buyer’s profile when they contact you. With this, you can see their name and profile picture, allowing you to at least partially verify their existence. On other platforms where contact is made via your mobile number, this may not be possible.

As a result, Facebook Marketplace may not only provide a convenient and easy-to-use platform, but greater peace of mind too. That said, it’s not your only option and may not always be best for you. Consider your options to determine where you can buy, swap or sell.

Can Monzi help me buy, swap and sell?

Unfortunately, Monzi is unable to provide a platform for you to buy or sell items online. Instead, we’ve done our best to outline how you may score a bargain or offload some unwanted possessions. However, there may be something that we can help you with.

At Monzi, we’re one of Australia’s leading lender-finders. In short, when you need cash loans online, we can potentially make it easy for you. Rather than scanning through search results to find one who may help you, just apply with Monzi. From there, our automated system will do the work for you and may match you with an available credit provider in just 60 minutes.

Best of all, you may borrow cash amounts from $300 to $10,000, meaning it doesn’t matter whether you’re dealing with something major or something minor, there may be a suitable option for you. Apply today.

Can I use a personal loan to buy items online?

Yes, potentially.

Lenders may allow you to use your loan to cover a wide variety of personal expenses. As a result, if you need a little extra cash to buy secondhand white goods or a new phone, then this could be an option for you. All you need to do is provide your reason for borrowing when you apply.

However, remember not to borrow needlessly. While you may come across a pool table or stereo that would be perfect for your home, you should only apply for a loan when absolutely necessary (e.g. urgent travel expenses). If you want to buy luxuries, then only spend what you can afford.

How much can I borrow to buy swap and sell?

As we’ve outlined, you may apply for cash amounts from just $300 up to $10,000. With this, repayment terms may range from 12 to 24 months. As a result, there may be a manageable option for your budget. That said, keep in mind that loans come in two forms: secured and unsecured.

Firstly, unsecured personal loans are small cash loans from $300 to $2,000 that may be ideal when you’re dealing with a minor inconvenience. In other words, they could help you buy that new couch or cover an urgent bill. As they are unsecured, there’s no need for you to provide security (e.g. your car) on the loan. Just make your repayments until the balance of your loan is paid off.

On the other hand, with a secured loan, you must guarantee the loan with one of your assets. As a guide, this may be your car, boat or caravan. In most cases, lenders offer these loans from $2,100 to $10,000. As a result, they may be a better option if you’re dealing with a significant cash shortfall resulting from a major expense.

Finally, remember that while you may be able to borrow money, it may not always be the right decision for your financial situation. As a result, you must consider the costs, the pros and the cons before applying.

How do I apply?

Before we outline how you can apply, first, confirm that you check these four boxes to ensure that you are eligible:

  • Australian citizen or permanent resident.
  • At least 18 years of age.
  • Can provide an active email address and mobile phone number.
  • Have an online bank account, where your income is deposited, with at least three months of history.

Note that if you are not eligible, then your application will not progress. In any case, if you are eligible, then follow these quick and easy steps when you’re ready to apply:

  1. Select your loan amount and repayment term.
  2. Follow the instructions and provide the necessary details to complete Monzi’s online application.
  3. Sit back, relax and let Monzi take it from here. Our automated system will attempt to match you with an available lender from our network.
  4. We’ll contact you with an outcome. If we pair you with an available credit provider, then they will get in touch to outline the next steps in the process.

Finally, remember that while we will always do our best to match you with a lender, we cannot guarantee if every application will be successful. If you are matched with a lender, then they will conduct an assessment to determine your outcome.

Any questions?

Whether you need loans for debt consolidation or fast cash to buy a new phone, we understand that borrowing can often seem tricky. That’s why, at Monzi, we’re always happy to answer your questions. Ultimately, we want to ensure that you are 100% comfortable before applying.

So, send your queries through to and we’ll do our best to get back to you with a quick response. Just remember that we only keep an eye on this account during business hours. That said, we’ll respond as soon as we return to the office.

Finally, keep in mind that Monzi can only answer questions regarding our organisation and service. For questions regarding selling your old possessions or buying secondhand, we may not be able to assist you. Instead, you may need to do further research.

Buy swap and sell: Apply today

Do you need quick cash for new furniture? Monzi’s ready and waiting to help. Apply for instant cash loans now from $300 to $10,000. With easy applications and fast outcomes, you could have your application completed in just a few minutes and receive an outcome before you know it. Hit “Apply Now” to get started today.

Not sure if a personal loan is the right choice for your financial situation? Check out Moneysmart’s personal loan guide today. There you may find further details which may assist you.

Finally, if you’ve enjoyed this Monzi guide, why not stay in touch? You can follow us on Facebook, Instagram, Twitter and Pinterest. We’re always looking to make new friends. Alternatively, check out our guides to reusable face masks or pet products on a budget.

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