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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
All4,775£13,874631,2498,973
Aberdeen City13£13,805526,66752
Aberdeenshire4£17,808519,26810
Angus2£15,673524,3075
Antrim1£6,9951119,0004
Ards3£12,127929,4624
Armagh1£9,400576,4007
Ballymena16£12,123641,42625
Ballymoney2£6,4731177,1891
Banbridge2£15,200312,9563
Barking & Dagenham - Greater London4£11,876657,06411
Barnet - Greater London4£11,083822,77511
Bedfordshire195£15,612524,456111
Belfast32£15,865419,82967
Berkshire85£13,144737,062204
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent4£12,987428,5228
Brent - Greater London5£8,9151047,14212
Bristol46£15,694523,027117
Bromley - Greater London40£16,016418,968102
Buckinghamshire108£14,993527,165108
Caerphilly2£2,79518107,590-
Cambridgeshire115£14,042630,097156
Cardiff26£16,950416,26474
Carmarthenshire16£16,079417,45043
Carrickfergus1£8,195777,3044
Ceredigion25£15,036526,53330
Cheshire59£14,077525,629127
City of Edinburgh62£14,590525,584107
City of London - Greater London137£14,118530,049287
Clackmannanshire1£16,998316,102-
Coleraine6£17,168318,0595
Conwy2£7,1451337,219-
Cookstown9£21,783322,00810
Cornwall7£9,190950,9898
County Durham68£14,383526,835140
Craigavon27£15,901320,41425
Croydon - Greater London45£16,249418,096143
Cumbria20£13,163629,72053
Derbyshire100£15,431423,780218
Derry10£17,620318,48214
Devon45£15,240421,319144
Dorset37£10,228940,06558
Down3£13,182425,4023
Dumfries and Galloway3£13,196835,77713
Dundee City23£16,123520,50949
Dungannon2£14,940429,8473
Ealing - Greater London41£7,2141150,87258
East Ayrshire5£12,698631,43516
East Dunbartonshire1£11,698643,2084
East Riding of Yorkshire16£10,511744,76220
East Sussex97£14,864525,578169
Enfield - Greater London37£14,566521,64971
Essex109£15,813422,248180
Falkirk27£14,610527,93729
Fife19£15,957426,40929
Flintshire1£11,490734,8321
Glasgow City44£14,897522,505107
Gloucestershire32£16,495422,66863
Greater Manchester295£12,643636,933560
Hampshire111£13,683629,814241
Haringey - Greater London1£11,750737,000-
Harrow - Greater London9£9,195853,70613
Havering - Greater London43£13,078635,61354
Herefordshire21£13,387527,06525
Hertfordshire142£15,057425,519266
Highland6£12,980530,78721
Hillingdon - Greater London21£7,5431063,99452
Hounslow - Greater London19£16,027530,79541
Isle of Anglesey2£10,138846,8242
Isle of Wight11£16,725525,72413
Kensington & Chelsea - Greater London1£8,450936,870-
Kent133£15,388527,115277
Kingston upon Thames - Greater London13£8,3371040,26014
Lancashire149£13,423632,884283
Larne1£34,95024,6001
Leicestershire88£11,420837,999170
Lincolnshire79£15,562424,030150
Magherafelt2£21,723652,7273
Merseyside69£13,997527,29294
Merton - Greater London2£6,9441041,0009
Midlothian1£22,99515,500-
Monmouthshire1£10,1951033,0007
Moray3£14,163413,82113
Neath Port Talbot3£9,631934,4271
Newport16£15,793424,86767
Newry and Mourne2£16,097413,1971
Newtownabbey6£16,732320,28927
Norfolk100£14,110630,810162
North Ayrshire2£13,247232,5436
North Down3£11,813731,3714
North Lanarkshire10£14,989430,40918
North Yorkshire67£16,867421,219195
Northamptonshire48£16,127423,58179
Northumberland7£14,461740,19313
Nottinghamshire94£15,276527,123116
Oxfordshire20£17,887421,51257
Pembrokeshire8£15,776522,26527
Perth and Kinross17£14,991428,23928
Redbridge - Greater London38£14,248629,25871
Renfrewshire18£15,109421,52037
Rhondda Cynon Taf6£5,7801378,34810
Richmond upon Thames - Greater London20£18,525317,19817
Rutland2£11,250625,558-
Scottish Borders2£10,347826,41126
Shropshire32£13,283633,40852
Somerset62£17,942422,511131
South Ayrshire17£14,354528,71318
South Lanarkshire24£14,561421,71548
South Yorkshire107£14,148529,809260
Staffordshire111£14,883422,882181
Stirling20£16,793318,14433
Strabane2£13,793436,333-
Suffolk36£13,829633,88793
Surrey63£11,756837,504127
Sutton - Greater London3£12,447624,8414
Swansea31£15,831522,36288
Tyne and Wear83£13,146632,910150
Waltham Forest - Greater London3£17,463627,9115
Warwickshire35£16,857423,34471
West Dunbartonshire4£13,622633,4376
West Lothian3£12,131633,24021
West Midlands200£13,977658,448379
West Sussex79£14,866526,536148
West Yorkshire174£13,505632,373326
Wiltshire27£15,203526,47591
Worcestershire62£15,808423,82873
Wrexham37£15,317421,50969
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