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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
All4,461£13,492531,9828,369
Aberdeen City21£16,348418,15960
Aberdeenshire5£17,156422,2708
Angus3£14,662523,1364
Ards3£7,7831053,1678
Argyll and Bute1£10,479944,000-
Armagh1£9,400576,4004
Ballymena16£16,745424,42024
Ballymoney1£8,995840,9704
Banbridge1£14,940310,0003
Barking & Dagenham - Greater London5£9,434766,5865
Barnet - Greater London7£13,506522,30020
Bedfordshire83£12,385640,011217
Belfast24£16,991313,83856
Berkshire57£10,233937,920178
Bexley - Greater London2£4,9471278,1105
Blaenau Gwent8£13,924430,6277
Brent - Greater London6£7,9001060,2715
Bristol68£14,486527,394102
Bromley - Greater London42£15,733422,99986
Buckinghamshire105£14,306526,002167
Caerphilly3£9,428960,7431
Cambridgeshire109£14,882428,422177
Cardiff22£16,335423,01272
Carmarthenshire24£15,507421,25521
Carrickfergus1£4,9951181,0001
Ceredigion24£15,004424,68844
Cheshire61£15,126526,582119
City of Edinburgh47£12,858633,65096
City of London - Greater London116£14,291530,131259
Coleraine4£17,941214,9505
Conwy2£5,0451359,4955
Cookstown8£19,652219,1275
Cornwall6£9,710738,91013
County Durham56£12,367630,369142
Craigavon15£17,541315,46534
Croydon - Greater London44£14,094525,541127
Cumbria19£12,463636,37144
Derbyshire77£13,320532,140179
Derry8£18,258318,12318
Devon59£13,647630,874135
Dorset38£14,087624,62157
Down3£13,398421,7353
Dumfries and Galloway4£14,072636,9948
Dundee City14£14,263522,53251
Dungannon1£7,4501038,3472
Ealing - Greater London30£6,9511154,84851
East Ayrshire7£14,226425,92911
East Dunbartonshire1£14,380315,7765
East Riding of Yorkshire11£15,815533,83024
East Sussex72£14,367530,223170
Enfield - Greater London21£14,885519,07255
Essex108£15,922427,062182
Falkirk19£12,885533,48822
Fife15£15,043324,26431
Flintshire1£11,490734,8322
Glasgow City37£15,551420,901102
Gloucestershire38£15,110429,46675
Greater Manchester253£12,319637,856485
Greenwich - Greater London1£13,990334,4642
Gwynedd1£15,995315,000-
Hampshire88£13,989628,768225
Harrow - Greater London15£10,386644,89512
Havering - Greater London36£13,838537,02389
Herefordshire9£14,180427,35027
Hertfordshire120£14,180527,166210
Highland7£10,369739,51432
Hillingdon - Greater London36£6,8321062,57427
Hounslow - Greater London16£15,305533,10938
Isle of Wight15£15,417526,10813
Kent126£14,668527,257258
Kingston upon Thames - Greater London9£7,917940,96812
Lancashire192£13,273633,319220
Leicestershire83£11,373835,217143
Limavady2£16,245327,0001
Lincolnshire90£15,609424,170115
Lisburn1£13,795330,9302
Magherafelt3£19,465533,3331
Merseyside66£14,426423,571109
Merthyr Tydfil1£10,790655,3821
Merton - Greater London2£6,5951260,8006
Midlothian1£20,99516,6981
Monmouthshire3£9,7301133,5933
Moray6£11,979523,0404
Newport24£15,580319,89745
Newry and Mourne2£12,995839,0001
Newtownabbey7£16,949313,99019
Norfolk83£14,062528,799168
North Ayrshire2£9,399741,1907
North Down1£5,7451255,7542
North Lanarkshire12£14,208427,85313
North Yorkshire65£16,285319,184154
Northamptonshire62£15,789423,05585
Northumberland8£16,717527,26315
Nottinghamshire91£13,709532,935105
Oxfordshire29£15,170527,28758
Pembrokeshire10£15,095423,93918
Perth and Kinross15£15,017428,91328
Redbridge - Greater London37£13,374532,33049
Renfrewshire14£14,748421,38736
Rhondda Cynon Taf4£11,582848,10210
Richmond upon Thames - Greater London12£22,120210,94260
Rutland2£12,600811,8691
Scottish Borders3£7,493848,31317
Shropshire22£14,729524,41447
Somerset61£16,173424,752126
South Ayrshire22£16,297318,12023
South Lanarkshire13£15,818422,16347
South Yorkshire116£14,495528,511165
Staffordshire87£14,810426,566207
Stirling11£14,905422,75724
Strabane2£19,22328,8801
Suffolk48£15,207424,41778
Surrey54£12,666739,91275
Sutton - Greater London3£7,195960,5075
Swansea28£11,448636,43077
Tyne and Wear72£13,868527,535108
Waltham Forest - Greater London6£14,839419,9006
Warwickshire40£15,745527,47658
West Dunbartonshire11£11,379742,5949
West Lothian7£12,753531,85014
West Midlands221£13,119659,323404
West Sussex70£15,068423,407151
West Yorkshire200£12,759636,582273
Wiltshire39£12,345738,33982
Worcestershire47£13,713532,76889
Wrexham32£16,423318,10762
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