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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
All4,781£13,997630,9358,879
Aberdeen City8£12,435529,60056
Aberdeenshire6£18,371521,5559
Angus3£11,912931,3094
Antrim1£6,9951119,0003
Ards3£12,238929,4625
Armagh1£9,400576,4007
Ballymena15£12,962533,18328
Ballymoney2£8,1251049,007-
Banbridge2£15,200312,9563
Barking & Dagenham - Greater London3£7,846971,39210
Barnet - Greater London6£11,635624,93313
Bedfordshire188£15,434525,264118
Belfast41£16,288316,83059
Berkshire90£13,577733,500203
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent2£14,749424,6209
Brent - Greater London10£9,947946,5658
Bristol48£16,376420,035115
Bromley - Greater London45£16,582417,841109
Buckinghamshire98£14,369530,171109
Caerphilly2£2,89818107,590-
Cambridgeshire112£14,117530,475159
Cardiff30£16,736320,30469
Carmarthenshire15£14,957521,84542
Carrickfergus3£9,365859,1013
Ceredigion19£15,662526,47830
Cheshire55£15,346423,249134
City of Edinburgh63£14,763525,837102
City of London - Greater London140£14,082530,770277
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4605
Conwy1£10,4951115,437-
Cookstown11£20,725322,2308
Cornwall8£8,961952,8329
County Durham78£14,809424,106132
Craigavon19£16,309318,35626
Croydon - Greater London58£16,134517,704144
Cumbria21£14,086630,75252
Derbyshire101£15,537425,168212
Derry11£17,302321,87012
Devon51£14,794523,895143
Dorset34£9,7131039,58562
Down3£13,317425,4024
Dumfries and Galloway4£11,396938,56111
Dundee City20£15,787524,10952
Dungannon1£19,59015,2113
Ealing - Greater London35£7,0701151,11361
East Ayrshire7£12,891534,01915
East Dunbartonshire1£9,140824,1503
East Riding of Yorkshire11£11,749639,56322
East Sussex98£15,152524,739170
Enfield - Greater London41£15,815418,23965
Essex121£15,650522,322172
Falkirk28£14,824527,55730
Fife19£15,939424,94929
Flintshire1£11,490734,8321
Glasgow City46£15,495418,766103
Gloucestershire31£17,746420,84257
Greater Manchester283£12,883635,169579
Greenwich - Greater London1£11,990623,220-
Hampshire110£14,300629,564242
Haringey - Greater London1£11,750737,000-
Harrow - Greater London12£9,422959,68710
Havering - Greater London47£12,976635,83349
Herefordshire23£14,087522,38123
Hertfordshire133£14,595529,035263
Highland5£12,577629,11916
Hillingdon - Greater London18£7,1801064,70860
Hounslow - Greater London23£15,354532,40736
Isle of Anglesey2£2,64814143,0031
Isle of Wight10£16,497524,06715
Kensington & Chelsea - Greater London1£8,950936,870-
Kent151£15,393525,452251
Kingston upon Thames - Greater London9£7,9891047,30316
Lancashire152£13,001733,437280
Larne1£34,95024,6002
Leicestershire85£11,675837,916170
Lincolnshire81£15,944422,348147
Lisburn2£17,045315,134-
Magherafelt2£21,723652,7273
Merseyside62£14,625526,76095
Merton - Greater London3£8,126948,3339
Midlothian1£22,99515,500-
Monmouthshire1£10,1951033,0007
Moray5£15,997312,08711
Neath Port Talbot3£9,731934,4271
Newport22£15,772423,48563
Newry and Mourne2£16,347413,1972
Newtownabbey7£16,084422,63026
Norfolk104£14,733530,069145
North Ayrshire2£13,497232,5437
North Down2£12,243733,3066
North Lanarkshire9£18,933425,65216
North Yorkshire79£16,223421,752192
Northamptonshire32£15,719422,01588
Northumberland8£14,858731,84112
Nottinghamshire97£15,401526,697118
Oxfordshire23£19,175320,12156
Pembrokeshire9£15,912421,76927
Perth and Kinross15£16,902423,34926
Redbridge - Greater London29£12,550734,44174
Renfrewshire19£14,556521,99837
Rhondda Cynon Taf6£5,7801378,3489
Richmond upon Thames - Greater London20£18,510316,97716
Rutland2£11,325625,558-
Scottish Borders1£12,299827,82124
Shropshire25£13,657533,18256
Somerset59£18,271419,407129
South Ayrshire14£13,774532,58619
South Lanarkshire25£14,469423,32150
South Yorkshire110£14,121531,642254
Staffordshire107£15,579421,583174
Stirling18£17,126316,35534
Strabane2£13,793436,333-
Suffolk35£13,805534,92497
Surrey67£11,735836,881131
Sutton - Greater London4£10,772828,8813
Swansea29£14,697525,30392
Tyne and Wear79£12,936632,817153
Waltham Forest - Greater London5£17,797419,2963
Warwickshire33£17,042422,70174
West Dunbartonshire4£13,597630,1186
West Lothian3£14,664427,62419
West Midlands203£14,059658,274361
West Sussex64£15,154525,964160
West Yorkshire174£13,900632,283309
Wiltshire28£15,306523,60990
Worcestershire60£16,125424,51370
Wrexham40£15,296521,85173
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