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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
All4,802£14,092630,9558,755
Aberdeen City9£13,142529,31952
Aberdeenshire6£20,655521,8278
Angus3£11,912931,3095
Antrim1£6,9951119,0004
Ards2£15,640511,8726
Armagh1£9,400576,4007
Ballymena17£14,286530,41427
Ballymoney2£8,1251049,007-
Banbridge2£15,22337,9564
Barking & Dagenham - Greater London5£8,206967,0128
Barnet - Greater London6£11,635624,93314
Bedfordshire183£15,561524,859118
Belfast44£15,944417,25357
Berkshire85£13,331732,167202
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent1£12,499419,1249
Brent - Greater London8£10,496846,14310
Bridgend1£10,995749,688-
Bristol47£15,844521,848113
Bromley - Greater London44£16,432417,588111
Buckinghamshire92£15,154526,225112
Caerphilly1£2,79517130,000-
Cambridgeshire113£13,849630,776149
Cardiff31£17,447318,20665
Carmarthenshire16£14,885521,84644
Carrickfergus2£12,073546,6523
Ceredigion20£15,099528,15834
Cheshire62£15,110522,834133
City of Edinburgh53£14,659528,257114
City of London - Greater London151£13,541632,286251
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4606
Conwy1£10,4951115,437-
Cookstown9£21,158324,3468
Cornwall6£10,066946,32110
County Durham78£15,011423,717128
Craigavon19£15,793419,80324
Croydon - Greater London58£15,687521,131142
Cumbria24£14,129631,02149
Derbyshire101£15,317425,739205
Derry10£17,442322,14613
Devon51£14,579524,759134
Dorset29£10,110938,04464
Down3£13,317425,4025
Dumfries and Galloway4£11,446938,56111
Dundee City22£15,583523,20053
Dungannon2£13,420623,8382
Ealing - Greater London38£6,8691152,17158
East Ayrshire2£11,953633,78718
East Riding of Yorkshire10£10,924740,68121
East Sussex97£14,981525,714171
Enfield - Greater London42£16,127417,45861
Essex121£15,697423,003177
Falkirk27£15,051427,36733
Fife20£15,787425,93629
Flintshire1£11,490734,8321
Glasgow City38£15,330419,046109
Gloucestershire27£17,418421,73955
Greater Manchester294£13,165633,460551
Hampshire121£14,467629,346233
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£7,834963,00310
Havering - Greater London46£13,192636,04247
Herefordshire23£14,772518,25820
Hertfordshire134£14,589527,650258
Highland1£12,998515,77418
Hillingdon - Greater London21£7,0851164,36859
Hounslow - Greater London22£15,966531,15234
Isle of Anglesey2£2,64814143,0031
Isle of Wight7£18,483411,49218
Kent153£15,370525,239252
Kingston upon Thames - Greater London8£8,2641048,32919
Lancashire162£13,023633,603271
Larne1£34,95024,6003
Leicestershire71£10,706839,888169
Lincolnshire75£15,667523,964143
Lisburn2£17,123315,134-
Magherafelt2£21,723652,7273
Merseyside63£14,871526,20998
Merton - Greater London2£8,740851,0009
Midlothian1£22,99515,500-
Monmouthshire1£10,4951033,0007
Moray7£13,918317,2059
Neath Port Talbot3£9,831934,4271
Newport24£16,473427,38562
Newry and Mourne2£16,347413,1972
Newtownabbey8£13,979628,08828
Norfolk97£14,919528,188153
North Ayrshire1£17,998218,0859
North Down2£12,243733,3066
North Lanarkshire8£19,962425,40717
North Yorkshire73£15,663424,045195
Northamptonshire32£15,621521,91090
Northumberland10£14,376629,57310
Nottinghamshire82£15,660527,597125
Oxfordshire25£19,222321,01954
Pembrokeshire8£15,339524,31629
Perth and Kinross16£17,447420,88325
Redbridge - Greater London27£11,780840,12972
Renfrewshire21£15,665520,89435
Rhondda Cynon Taf8£8,0151161,5707
Richmond upon Thames - Greater London19£18,221317,85117
Rutland1£12,650520,786-
Scottish Borders2£12,147822,91123
Shropshire26£14,613529,34958
Somerset64£17,962421,019126
South Ayrshire16£13,070635,77018
South Lanarkshire27£15,579419,13648
South Yorkshire122£14,379530,590252
Staffordshire106£15,634420,857179
Stirling10£16,772320,36435
Strabane2£13,793436,333-
Suffolk41£13,825634,78991
Surrey72£11,814837,483130
Sutton - Greater London5£12,017724,4043
Swansea31£15,968419,90693
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear96£13,306630,497138
Waltham Forest - Greater London6£17,348420,0142
Warwickshire33£17,258422,96769
West Dunbartonshire5£12,217732,3035
West Lothian4£13,535523,90018
West Midlands207£13,868658,803361
West Sussex71£15,127526,752155
West Yorkshire176£13,776632,692298
Wiltshire33£15,242524,37484
Worcestershire57£16,434423,36773
Wrexham39£15,552422,07475
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