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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
All4,604£14,084631,7158,898
Aberdeen City12£14,506526,36153
Aberdeenshire8£21,496418,5118
Angus4£10,933944,9875
Antrim1£6,9951119,0005
Ards2£15,855610,8977
Armagh2£8,675762,0705
Ballymena21£15,409426,00825
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,380962,0097
Barnet - Greater London7£11,144724,35714
Bedfordshire191£15,210627,840130
Belfast32£15,138522,09058
Berkshire93£14,197729,019204
Bexley - Greater London1£4,4501288,0003
Blaenau Gwent6£10,974633,6645
Brent - Greater London7£10,825842,23512
Bridgend1£10,995749,688-
Bristol31£15,837522,597114
Bromley - Greater London45£17,345416,696113
Buckinghamshire85£15,101527,484123
Caerphilly1£2,79517130,0001
Cambridgeshire119£14,729529,385153
Cardiff32£18,207314,59770
Carmarthenshire10£15,544518,20752
Carrickfergus1£8,195777,3042
Ceredigion16£16,494423,09244
Cheshire57£14,958524,451137
City of Edinburgh52£15,474526,10192
City of London - Greater London129£13,401630,927238
Clackmannanshire1£17,498316,088-
Coleraine4£17,308321,2725
Conwy1£11,9951115,437-
Cookstown10£17,781327,3616
Cornwall7£10,509840,70413
County Durham72£15,458423,763127
Craigavon15£15,869417,13623
Croydon - Greater London37£16,205417,147158
Cumbria28£14,688626,89147
Denbighshire2£14,729515,480-
Derbyshire105£15,956424,235216
Derry5£21,100312,88317
Devon55£15,423526,907123
Dorset36£11,780830,46364
Down4£13,725421,3635
Dumfries and Galloway6£11,796841,3948
Dundee City13£16,131521,59561
Dungannon2£13,420623,8382
Ealing - Greater London44£6,7431147,71252
East Ayrshire7£9,204849,63813
East Riding of Yorkshire9£11,414839,20717
East Sussex93£14,725628,382163
Enfield - Greater London29£16,111414,46660
Essex98£15,626524,412185
Falkirk31£15,746525,48231
Fife21£16,627423,71926
Flintshire1£11,490734,8322
Glasgow City45£15,636522,45890
Gloucestershire24£15,289527,13280
Greater Manchester275£13,121635,118608
Gwynedd1£18,495212,500-
Hampshire102£15,227528,681256
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£9,639749,8569
Havering - Greater London45£14,087633,34354
Herefordshire19£15,234519,13023
Hertfordshire122£14,761528,142253
Highland4£11,348738,47519
Hillingdon - Greater London28£6,8421168,70156
Hounslow - Greater London26£14,255731,84922
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£18,431413,15122
Kent139£15,613524,760266
Kingston upon Thames - Greater London7£6,9961272,09316
Lancashire143£13,578629,314268
Larne1£34,95024,6003
Leicestershire75£11,739837,570170
Lincolnshire76£16,338526,246152
Lisburn1£15,750422,0002
Magherafelt2£21,723652,7275
Merseyside55£15,432421,85398
Merton - Greater London2£7,6451077,34011
Midlothian1£22,99515,500-
Monmouthshire2£11,145733,5005
Moray6£11,989526,2856
Neath Port Talbot3£7,6631042,579-
Newport22£17,410423,22861
Newry and Mourne2£16,626324,1881
Newtownabbey8£13,792631,64330
Norfolk87£15,944524,681169
North Ayrshire2£13,497618,54311
North Down1£15,49547,1256
North Lanarkshire6£15,589540,09320
North Yorkshire99£16,006423,180178
Northamptonshire32£15,756523,15289
Northumberland5£16,057736,24313
Nottinghamshire72£14,864530,308126
Omagh3£9,811663,6032
Oxfordshire23£17,290427,49853
Pembrokeshire10£16,607416,13129
Perth and Kinross17£16,507420,82619
Redbridge - Greater London28£13,661631,69465
Renfrewshire20£15,945526,43733
Rhondda Cynon Taf11£9,5171056,87610
Richmond upon Thames - Greater London15£16,715419,71113
Rutland1£13,000520,7861
Scottish Borders4£9,561945,05516
Shropshire18£13,120639,15965
Somerset60£17,536421,662115
South Ayrshire17£11,950636,20919
South Lanarkshire30£15,674421,53254
South Yorkshire115£14,125531,361276
Staffordshire111£16,279420,462171
Stirling12£19,709316,24331
Strabane2£13,968436,333-
Suffolk49£14,396529,50085
Surrey67£11,462837,801125
Swansea30£15,978521,99099
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear81£13,783629,392131
Waltham Forest - Greater London5£20,837418,7502
Wandsworth - Greater London1£2,9901655,0002
Warwickshire34£18,027422,30068
West Dunbartonshire3£15,131620,4956
West Lothian6£12,740526,64614
West Midlands211£13,413761,806365
West Sussex66£15,503526,403144
West Yorkshire158£13,960631,471317
Wiltshire28£15,932523,676104
Worcestershire55£16,416427,02482
Wrexham42£15,089523,65475
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