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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
All4,890£14,132630,3088,732
Aberdeen City12£14,806423,22256
Aberdeenshire7£22,561419,5098
Angus3£11,912931,3096
Antrim1£6,9951119,0005
Ards2£15,640511,8726
Armagh2£8,675762,0705
Ballymena18£14,120530,03125
Ballymoney2£8,1251049,007-
Banbridge2£15,22337,9564
Barking & Dagenham - Greater London6£9,046864,1167
Barnet - Greater London7£10,778726,78613
Bedfordshire182£15,689524,156126
Belfast44£16,061417,60061
Berkshire89£13,401731,346205
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent2£11,375525,5628
Brent - Greater London9£10,052946,18310
Bridgend1£10,995749,688-
Bristol48£15,163523,486111
Bromley - Greater London46£16,411418,709107
Buckinghamshire94£15,028526,675117
Caerphilly1£2,79517130,0001
Cambridgeshire112£14,160529,039154
Cardiff33£17,597317,10167
Carmarthenshire12£15,701517,23147
Carrickfergus1£8,195777,3043
Ceredigion18£15,196527,29337
Cheshire66£14,706524,658133
City of Edinburgh72£15,069526,73996
City of London - Greater London150£13,747531,571239
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4606
Conwy1£10,4951115,437-
Cookstown10£19,351327,4856
Cornwall5£10,372847,58513
County Durham78£15,643423,057137
Craigavon17£15,972322,43724
Croydon - Greater London57£15,794520,432143
Cumbria22£15,101526,08351
Denbighshire1£16,47959,8921
Derbyshire110£15,956422,744206
Derry10£17,527322,14614
Devon49£15,010524,297131
Dorset30£10,028938,08265
Down3£13,350425,4025
Dumfries and Galloway4£11,446938,56111
Dundee City21£15,744522,39756
Dungannon2£13,420623,8382
Ealing - Greater London36£6,6851151,23359
East Ayrshire4£12,258627,69617
East Dunbartonshire1£16,498315,3565
East Riding of Yorkshire9£8,0051053,57020
East Sussex98£15,085525,308170
Enfield - Greater London44£16,487416,72960
Essex115£15,806422,532184
Falkirk29£16,025424,94829
Fife18£15,547526,12530
Flintshire1£11,490734,8321
Glasgow City48£15,693419,57297
Gloucestershire31£16,437422,70654
Greater Manchester297£13,194634,660552
Hampshire117£14,920527,374235
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£8,266958,4358
Havering - Greater London48£13,332635,98551
Herefordshire23£14,873518,33119
Hertfordshire139£14,504528,606249
Highland2£15,398412,02916
Hillingdon - Greater London24£6,7701165,36357
Hounslow - Greater London28£16,672526,68326
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£18,264414,25019
Kent148£15,350525,554256
Kingston upon Thames - Greater London8£8,3511048,32919
Lancashire155£13,109632,648261
Larne1£34,95024,6003
Leicestershire75£11,094839,039170
Lincolnshire75£16,038525,114147
Lisburn1£15,750422,0001
Magherafelt2£21,723652,7274
Merseyside62£14,360527,93194
Merton - Greater London2£9,095851,0009
Midlothian1£22,99515,500-
Monmouthshire2£8,7471124,9006
Moray7£13,947317,2059
Neath Port Talbot3£9,831934,4271
Newport20£16,985424,61161
Newry and Mourne2£16,397413,1972
Newtownabbey5£12,128838,45930
Norfolk95£15,055528,757151
North Ayrshire1£17,998218,08510
North Down2£12,495733,3066
North Lanarkshire9£18,632427,75418
North Yorkshire88£15,857423,478189
Northamptonshire36£15,383522,01388
Northumberland11£14,160631,11511
Nottinghamshire78£15,551527,880132
Oxfordshire23£19,077322,12153
Pembrokeshire7£17,333317,03128
Perth and Kinross21£16,217422,40822
Redbridge - Greater London30£12,750737,39868
Renfrewshire22£16,578419,29934
Rhondda Cynon Taf9£8,3791059,7218
Richmond upon Thames - Greater London15£16,115419,86414
Rutland1£12,750520,786-
Scottish Borders2£12,247822,91120
Shropshire23£13,999530,24757
Somerset70£17,833421,427122
South Ayrshire15£12,144637,11722
South Lanarkshire28£15,819419,22152
South Yorkshire115£13,904532,346260
Staffordshire118£15,772421,269168
Stirling10£15,817427,10333
Strabane2£13,793436,333-
Suffolk44£13,468637,26192
Surrey75£12,384736,407127
Sutton - Greater London3£14,447520,6745
Swansea33£16,149420,15599
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear89£13,248631,469141
Waltham Forest - Greater London6£17,964418,2472
Warwickshire30£16,954425,59072
West Dunbartonshire6£11,931832,8615
West Lothian4£13,535523,89918
West Midlands218£13,776658,373351
West Sussex79£15,286525,528144
West Yorkshire169£13,925632,071311
Wiltshire36£16,095424,05182
Worcestershire54£16,439425,40876
Wrexham41£15,566421,83176
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