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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
All4,817£14,146630,8348,800
Aberdeen City12£13,914524,83352
Aberdeenshire6£20,655521,8278
Angus4£11,256932,5615
Antrim1£6,9951119,0004
Ards2£15,640511,8726
Armagh1£9,400576,4007
Ballymena16£13,704532,14826
Ballymoney2£8,1251049,007-
Banbridge2£15,22337,9564
Barking & Dagenham - Greater London5£8,206967,0129
Barnet - Greater London6£11,385725,96714
Bedfordshire181£15,665524,535123
Belfast42£16,069417,48863
Berkshire82£13,209733,537210
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent1£12,499419,1249
Brent - Greater London8£10,496846,14311
Bridgend1£10,995749,688-
Bristol46£15,912521,946116
Bromley - Greater London45£16,392418,754111
Buckinghamshire90£15,066526,236117
Caerphilly1£2,79517130,0001
Cambridgeshire111£14,003630,420151
Cardiff30£17,631317,36866
Carmarthenshire16£14,947521,84845
Carrickfergus2£12,073546,6523
Ceredigion19£15,254526,47636
Cheshire60£14,693525,129137
City of Edinburgh64£14,914527,285104
City of London - Greater London142£13,513632,499252
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4606
Conwy1£10,4951115,437-
Cookstown8£21,158223,8278
Cornwall5£10,380847,58510
County Durham80£15,446423,112128
Craigavon17£15,928322,43724
Croydon - Greater London55£15,674520,875141
Cumbria25£14,530529,87450
Derbyshire105£15,427424,043206
Derry10£17,527322,14613
Devon52£14,935424,199132
Dorset32£10,323938,16664
Down3£13,350425,4025
Dumfries and Galloway4£11,446938,56111
Dundee City20£15,567523,37255
Dungannon2£13,420623,8382
Ealing - Greater London39£6,6641152,34358
East Ayrshire4£12,258627,69617
East Riding of Yorkshire9£9,639844,37720
East Sussex99£14,919525,727174
Enfield - Greater London42£16,182417,45862
Essex124£15,847421,944178
Falkirk27£15,077427,36733
Fife18£15,680426,43029
Flintshire1£11,490734,8321
Glasgow City44£15,639419,237103
Gloucestershire27£16,921420,74756
Greater Manchester295£13,146634,446551
Hampshire123£14,591628,563232
Haringey - Greater London1£11,750737,000-
Harrow - Greater London9£8,073961,4269
Havering - Greater London46£13,221636,74552
Herefordshire22£14,573518,91520
Hertfordshire128£14,909526,115262
Highland2£15,398412,02918
Hillingdon - Greater London22£7,1781162,48861
Hounslow - Greater London25£16,376529,29631
Isle of Anglesey2£2,64814143,0031
Isle of Wight7£18,483411,49219
Kent155£15,338525,236255
Kingston upon Thames - Greater London8£8,3261048,32919
Lancashire160£13,001733,013266
Larne1£34,95024,6003
Leicestershire71£10,645840,742171
Lincolnshire72£15,618524,101146
Lisburn2£17,873315,134-
Magherafelt2£21,723652,7273
Merseyside62£14,553527,20997
Merton - Greater London2£8,740851,0009
Midlothian1£22,99515,500-
Monmouthshire1£10,4951033,0007
Moray7£13,947317,2059
Neath Port Talbot3£9,831934,4271
Newport24£16,498426,59961
Newry and Mourne2£16,397413,1972
Newtownabbey8£14,004628,15830
Norfolk95£15,082527,603161
North Ayrshire1£17,998218,08510
North Down2£12,243733,3066
North Lanarkshire8£19,986425,40718
North Yorkshire80£15,778424,495192
Northamptonshire33£15,495522,01095
Northumberland11£14,069631,1159
Nottinghamshire78£15,274529,554127
Oxfordshire25£19,003321,35752
Pembrokeshire7£17,002315,88929
Perth and Kinross21£16,980421,49821
Redbridge - Greater London27£12,069739,43871
Renfrewshire19£16,314419,10036
Rhondda Cynon Taf8£7,9141161,5708
Richmond upon Thames - Greater London19£18,221317,85117
Rutland1£12,750520,786-
Scottish Borders2£12,247822,91121
Shropshire26£14,176530,53659
Somerset63£17,964420,476126
South Ayrshire16£13,114635,77021
South Lanarkshire27£15,743419,11150
South Yorkshire115£13,992531,229255
Staffordshire114£15,561422,116172
Stirling11£15,956426,70733
Strabane2£13,793436,333-
Suffolk40£14,032634,41192
Surrey74£12,085735,806129
Sutton - Greater London4£13,584520,2564
Swansea33£15,881420,59697
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear94£13,320630,560137
Waltham Forest - Greater London6£17,348420,0142
Warwickshire35£17,242423,57667
West Dunbartonshire6£11,764832,8614
West Lothian4£13,535523,90019
West Midlands214£13,760658,682354
West Sussex71£15,120526,805153
West Yorkshire171£14,158631,827305
Wiltshire33£16,099522,08682
Worcestershire59£16,286425,01072
Wrexham40£15,679421,77778
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