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Used Toyota Yaris on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Getting a Toyota Yaris on finance

The Toyota Yaris, renowned for its reliability, fuel efficiency, and compact size, is a preferred choice among city dwellers and those seeking a dependable hatchback. If you're looking to finance a used Yaris, it's crucial to be informed about the process and available options. Here's a detailed guide to assist you in financing a used Toyota Yaris:

Initial Steps:

1. Budgeting:

  • Determine what you can afford, accounting for the down payment, monthly instalments, insurance, and any anticipated maintenance costs.

2. Credit Score Assessment:

  • A favorable credit score can offer you more attractive interest rates and finance terms.

3. Choose Model & Variant:

  • Select the specific model and features of the Yaris that best fit your budget and needs.

4. Vehicle Check:

  • For used vehicles, it's vital to perform a thorough inspection. Obtain a vehicle history report, and if possible, get a mechanic to inspect it.

Financing Options:

1. Bank Loan:

  • Obtain a loan from a bank or financial institution, buy the car, and repay the loan in fixed monthly instalments.

2. Hire Purchase (HP):

  • This method requires an initial deposit followed by monthly instalments. Once all payments are made, ownership transfers to you.

3. Personal Contract Purchase (PCP):

  • Typically, this offers lower monthly payments. At the end, you can either pay a lump sum to own the car, return it, or trade it in.

4. Lease Purchase:

  • Similar to PCP, but with a commitment to purchase the car at the end of the contract.

5. Dealership Financing:

  • Dealers often have their own finance packages. Ensure you compare these with external finance options for the best value.

6. Peer-to-Peer Lending:

  • Borrow directly from individual lenders through reputable online platforms.

Procurement Process:

1. Identify a Trustworthy Dealer/Seller:

  • Choose dealers/sellers known for transparency and selling vehicles in good condition.

2. Engage in Negotiations:

  • Discuss the car's price and potential financing terms to secure a beneficial deal.

3. Test Drive:

  • Vital to ascertain the car's condition and ensure it matches your expectations.

4. Finalize Financing:

  • After deciding on a finance option, carefully review the terms and ensure you can manage the repayments.

5. Insurance:

  • Ensure you have suitable insurance coverage in place before finalizing the purchase.

6. Complete Documentation:

  • Address all required paperwork, ensuring accuracy and retention for records.

Additional Considerations:

  • Depreciation: Cars depreciate over time. The Yaris's future resale value can be influenced by this.

  • Warranty: Inquire if there's any remaining manufacturer’s warranty on the car or the possibility of purchasing an extended warranty.

  • Overall Cost:

    • Understand the total amount payable over the finance term, including any interest or fees.
  • Early Repayment Clauses: Some finance agreements may have penalties for early repayments. Ensure clarity on this.

Conclusion:

Financing a used Toyota Yaris demands careful planning, understanding the range of finance options, and a detailed evaluation of the vehicle. By following a structured approach, and possibly consulting with financial experts, you can make an informed choice that ensures both enjoyable drives and sound financial health.

About the Toyota Yaris

With its petite dimensions perfect for city jaunts and a reputation for reliability, the Toyota Yaris has entrenched itself as one of the most popular superminis on UK roads. Its journey from the late '90s to now is a testament to Toyota's adaptability and keen attention to market demand.

Evolution Over the Years:

First introduced in 1999 as a replacement for the Starlet, the Yaris immediately caught the attention of urbanites and those seeking a dependable yet compact vehicle. Over its multiple generations, Toyota has diligently refined its design, making it more contemporary, improving interior space, and embedding it with the latest technological advances.

Today's Yaris:

Modern iterations of the Yaris are not just about reliability and economy; they encapsulate a blend of spirited performance and enhanced safety. Toyota's commitment to innovation is evident with the introduction of hybrid technology in the Yaris, catering to a growing demand for environmentally friendly options and offering impressive fuel efficiency. Its tech-infused cabin, boasting features like Apple CarPlay and Android Auto, ensures that drivers and passengers stay connected and entertained.

In the Supermini Arena:

While the Yaris faces fierce competition from rivals like the Ford Fiesta, Volkswagen Polo, and Renault Clio, it holds its ground with its hybrid offering and Toyota's legendary durability. Its balanced combination of comfort, drive dynamics, and practicality makes it a compelling choice in the segment.

Commitment to a Greener Future:

The hybrid versions of the Yaris highlight Toyota's vision for a sustainable motoring future. It's a step towards reducing carbon footprints, without compromising on the zest of driving.

Summing Up:

The Toyota Yaris, over its lifespan, has evolved from a simple urban runabout to a tech-savvy, eco-friendly supermini. It's a car that resonates with a broad spectrum of UK drivers – from city dwellers seeking easy manoeuvrability to eco-conscious individuals aiming for reduced emissions. As the automotive world changes, the Yaris stands as a beacon of Toyota's adaptability and innovation.

Toyota Yaris Data by County

Toyota Yaris data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All4,742£14,034630,7488,868
Aberdeen City8£12,623532,24955
Aberdeenshire5£18,696523,8149
Angus3£11,912931,3095
Antrim1£6,9951119,0003
Ards3£12,238929,4625
Armagh1£9,400576,4007
Ballymena15£12,992533,18328
Ballymoney2£8,1251049,007-
Banbridge2£15,200312,9563
Barking & Dagenham - Greater London3£7,846971,39210
Barnet - Greater London6£11,635624,93313
Bedfordshire191£15,435525,113117
Belfast43£15,885416,81357
Berkshire84£13,059735,032202
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent2£14,749424,6209
Brent - Greater London9£10,052946,1838
Bristol44£15,841521,757117
Bromley - Greater London49£16,444418,346108
Buckinghamshire94£14,622529,501109
Caerphilly2£3,02318107,590-
Cambridgeshire114£13,840630,951156
Cardiff30£16,803320,02368
Carmarthenshire16£14,698523,07142
Carrickfergus2£12,073546,6523
Ceredigion20£15,866425,45331
Cheshire57£15,241423,197136
City of Edinburgh61£14,607526,841108
City of London - Greater London143£13,941531,464270
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4606
Conwy1£10,4951115,437-
Cookstown11£20,725322,2308
Cornwall8£8,961952,83210
County Durham74£14,924424,147131
Craigavon20£15,853320,47225
Croydon - Greater London62£15,910518,971141
Cumbria21£14,103630,75252
Derbyshire100£15,733424,090207
Derry11£17,334321,87013
Devon49£14,485525,636143
Dorset33£9,7951039,13361
Down3£13,317425,4024
Dumfries and Galloway4£11,396938,56111
Dundee City21£15,878523,83153
Dungannon1£19,59015,2113
Ealing - Greater London38£6,8891152,02658
East Ayrshire5£12,274629,49015
East Dunbartonshire1£9,140824,1503
East Riding of Yorkshire10£11,374740,98322
East Sussex97£15,058525,486175
Enfield - Greater London40£16,035417,77366
Essex120£15,516523,396171
Falkirk28£14,881527,55732
Fife20£15,812425,93628
Flintshire1£11,490734,8321
Glasgow City45£15,507418,610104
Gloucestershire29£17,743318,46257
Greater Manchester278£13,053634,248574
Greenwich - Greater London1£11,990623,220-
Hampshire114£14,133630,469242
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£8,766855,68510
Havering - Greater London46£13,224634,88249
Herefordshire21£14,644520,67824
Hertfordshire129£14,513529,399262
Highland4£14,147418,59617
Hillingdon - Greater London18£7,1801064,70861
Hounslow - Greater London21£15,655532,64736
Isle of Anglesey2£2,64814143,0031
Isle of Wight8£16,560524,68015
Kensington & Chelsea - Greater London1£8,950936,870-
Kent151£15,149526,326251
Kingston upon Thames - Greater London9£7,9891047,30316
Lancashire150£12,998733,648279
Larne1£34,95024,6003
Leicestershire77£10,951840,591169
Lincolnshire79£15,744523,869147
Lisburn2£17,045315,134-
Magherafelt2£21,723652,7273
Merseyside65£14,759526,35993
Merton - Greater London2£8,740851,0009
Midlothian1£22,99515,500-
Monmouthshire1£10,1951033,0007
Moray6£14,572212,73910
Neath Port Talbot3£9,831934,4271
Newport25£15,896423,96361
Newry and Mourne2£16,347413,1972
Newtownabbey7£16,156422,63026
Norfolk99£14,873528,800148
North Ayrshire1£17,998218,0859
North Down2£12,243733,3066
North Lanarkshire9£18,933425,65216
North Yorkshire76£16,391420,923194
Northamptonshire32£15,729422,01391
Northumberland9£14,118731,30311
Nottinghamshire90£15,599526,313123
Oxfordshire23£19,118320,94454
Pembrokeshire9£15,912421,76928
Perth and Kinross15£17,515420,99825
Redbridge - Greater London27£12,388734,66274
Renfrewshire19£15,798421,10537
Rhondda Cynon Taf6£5,7801378,3489
Richmond upon Thames - Greater London20£18,510316,97716
Rutland2£11,325625,558-
Scottish Borders1£12,299827,82125
Shropshire27£13,769532,84956
Somerset60£18,086420,494130
South Ayrshire16£13,070635,77617
South Lanarkshire25£15,150422,50149
South Yorkshire111£14,326531,068257
Staffordshire107£15,484420,800177
Stirling15£16,953317,21834
Strabane2£13,793436,333-
Suffolk38£13,514635,91994
Surrey66£11,865836,169132
Sutton - Greater London4£10,772828,8814
Swansea28£15,137523,67196
Tyne and Wear82£13,128631,945152
Waltham Forest - Greater London6£17,164420,0142
Warwickshire34£16,993422,22572
West Dunbartonshire5£12,217732,3235
West Lothian3£14,664427,62419
West Midlands198£14,124659,021360
West Sussex65£15,290525,686162
West Yorkshire175£13,830633,003302
Wiltshire30£15,228524,46586
Worcestershire60£16,146424,76770
Wrexham38£15,575421,48274
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