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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
All4,815£13,969630,4288,887
Aberdeen City9£12,942529,60056
Aberdeenshire6£18,371521,5559
Angus3£11,912931,3094
Antrim1£6,9951119,0003
Ards3£12,238929,4625
Armagh1£9,400576,4007
Ballymena15£12,962533,18326
Ballymoney2£8,1251049,007-
Banbridge2£15,200312,9563
Barking & Dagenham - Greater London3£7,846971,39210
Barnet - Greater London6£11,635624,93313
Bedfordshire188£15,432525,264113
Belfast44£15,923417,71259
Berkshire88£13,337733,526205
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent2£14,749424,6209
Brent - Greater London10£9,947946,5657
Bristol50£16,359419,647117
Bromley - Greater London44£16,321418,527111
Buckinghamshire100£14,402529,776108
Caerphilly2£2,89818107,590-
Cambridgeshire115£14,039531,367160
Cardiff30£16,683320,06871
Carmarthenshire14£15,079521,83443
Carrickfergus3£9,365859,1013
Ceredigion23£15,466527,53729
Cheshire56£15,248423,511134
City of Edinburgh60£14,717526,048106
City of London - Greater London137£14,032530,815277
Clackmannanshire1£17,498316,102-
Coleraine5£17,615317,5436
Conwy1£10,4951115,437-
Cookstown11£20,725322,2308
Cornwall7£9,198950,98910
County Durham78£14,706425,279133
Craigavon21£16,188319,65625
Croydon - Greater London58£16,134517,704142
Cumbria23£14,252529,20251
Derbyshire102£15,626424,297215
Derry11£17,302321,87012
Devon52£14,426524,608143
Dorset33£9,825940,31163
Down3£13,317425,4024
Dumfries and Galloway3£13,196835,77712
Dundee City20£15,787524,10952
Dungannon1£19,59015,2113
Ealing - Greater London36£7,1181153,02159
East Ayrshire7£12,862534,01915
East Dunbartonshire1£9,140824,1503
East Riding of Yorkshire10£11,924639,32022
East Sussex103£15,098524,928167
Enfield - Greater London42£15,702418,44165
Essex125£15,448523,264166
Falkirk28£14,792527,55730
Fife19£15,862424,94929
Flintshire1£11,490734,8321
Glasgow City45£15,283419,271103
Gloucestershire32£17,474421,51659
Greater Manchester292£12,740635,737565
Greenwich - Greater London1£11,990623,220-
Hampshire114£14,098629,807241
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£9,535850,14712
Havering - Greater London47£12,940635,57350
Herefordshire23£14,087522,38123
Hertfordshire136£14,675528,022260
Highland5£12,577629,11918
Hillingdon - Greater London19£7,3171063,47559
Hounslow - Greater London22£15,257532,21438
Isle of Anglesey1£4,2951283,6632
Isle of Wight10£16,497524,06715
Kensington & Chelsea - Greater London1£8,950936,870-
Kent146£15,281526,172259
Kingston upon Thames - Greater London9£7,9891047,30316
Lancashire150£12,812734,078286
Larne1£34,95024,6002
Leicestershire83£11,583838,503169
Lincolnshire78£16,070422,835151
Lisburn2£17,045315,134-
Magherafelt2£21,723652,7273
Merseyside61£14,334527,98299
Merton - Greater London3£8,126948,3339
Midlothian1£22,99515,500-
Monmouthshire1£10,1951033,0007
Moray4£15,872310,74512
Neath Port Talbot3£9,731934,4271
Newport22£15,762423,48463
Newry and Mourne2£16,347413,1972
Newtownabbey6£18,132213,45927
Norfolk101£14,549530,758149
North Ayrshire2£13,247232,5437
North Down3£11,995731,3715
North Lanarkshire9£16,277430,56017
North Yorkshire77£16,306421,314197
Northamptonshire31£15,821421,56087
Northumberland8£14,858732,49612
Nottinghamshire98£15,307527,146118
Oxfordshire24£18,764419,78656
Pembrokeshire9£15,912421,76927
Perth and Kinross14£15,774424,47127
Redbridge - Greater London32£12,639734,06972
Renfrewshire19£14,514521,99837
Rhondda Cynon Taf7£5,1901473,7279
Richmond upon Thames - Greater London20£18,510316,97716
Rutland2£11,250625,558-
Scottish Borders1£12,299827,82124
Shropshire26£13,494633,75254
Somerset62£17,846420,476130
South Ayrshire14£13,774532,58619
South Lanarkshire26£14,533423,41146
South Yorkshire111£14,171531,442255
Staffordshire109£15,596421,337176
Stirling18£17,126316,35534
Strabane2£13,793436,333-
Suffolk36£13,678635,77396
Surrey68£11,724836,400129
Sutton - Greater London4£10,772828,8813
Swansea31£14,545526,47992
Tyne and Wear80£13,221632,329153
Waltham Forest - Greater London5£17,797419,2963
Warwickshire34£16,853422,87172
West Dunbartonshire3£12,630734,2467
West Lothian2£14,648432,68620
West Midlands205£14,022657,773361
West Sussex66£14,986525,805157
West Yorkshire177£13,933631,565307
Wiltshire28£15,306523,60991
Worcestershire59£16,314423,43671
Wrexham39£15,489420,91271
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