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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
All4,830£14,089630,4548,777
Aberdeen City13£14,860422,99755
Aberdeenshire8£20,740521,0767
Angus3£11,912931,3096
Antrim1£6,9951119,0005
Ards2£15,640511,8726
Armagh2£8,675762,0705
Ballymena19£14,245529,59925
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,129864,1167
Barnet - Greater London7£10,778726,78613
Bedfordshire183£15,777523,976127
Belfast42£16,104417,84162
Berkshire85£13,444731,630207
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent3£10,583536,1538
Brent - Greater London9£10,052946,18310
Bridgend1£10,995749,688-
Bristol47£15,284523,053113
Bromley - Greater London42£16,561418,510108
Buckinghamshire86£15,126526,143123
Caerphilly1£2,79517130,0001
Cambridgeshire114£14,201529,175154
Cardiff32£17,958315,84467
Carmarthenshire13£16,110416,08346
Carrickfergus1£8,195777,3043
Ceredigion17£14,973528,54639
Cheshire63£14,945524,020135
City of Edinburgh62£14,645528,18496
City of London - Greater London154£13,753631,605240
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4526
Conwy1£10,4951115,437-
Cookstown10£19,351327,4856
Cornwall5£10,372847,58513
County Durham80£15,993422,665138
Craigavon18£16,140321,46024
Croydon - Greater London57£15,803520,432147
Cumbria25£14,919526,77949
Denbighshire1£16,47959,8921
Derbyshire111£15,940422,733208
Derry10£17,527322,14614
Devon46£15,426422,764133
Dorset27£10,246936,63168
Down3£13,350425,4025
Dumfries and Galloway4£11,446938,56111
Dundee City20£15,123522,94555
Dungannon2£13,420623,8382
Ealing - Greater London36£6,7271149,90059
East Ayrshire4£10,433833,93816
East Dunbartonshire1£16,498315,3565
East Riding of Yorkshire9£9,172948,82919
East Sussex94£15,109525,378172
Enfield - Greater London44£16,195418,02359
Essex116£15,791422,356184
Falkirk29£16,025424,94832
Fife19£15,689425,41430
Flintshire1£11,490734,8321
Glasgow City49£16,050419,06595
Gloucestershire29£16,759421,62455
Greater Manchester296£13,069635,307552
Hampshire114£15,275525,816238
Haringey - Greater London1£11,750737,000-
Harrow - Greater London11£9,023853,7677
Havering - Greater London47£13,381636,21951
Herefordshire22£14,789518,71619
Hertfordshire137£14,667528,315253
Highland4£11,198738,47516
Hillingdon - Greater London24£7,0631164,52459
Hounslow - Greater London29£16,399527,86625
Isle of Anglesey1£4,2951283,6631
Isle of Wight8£17,860415,12519
Kent145£15,282525,963258
Kingston upon Thames - Greater London7£8,4031045,51819
Lancashire155£13,083632,736262
Larne1£34,95024,6003
Leicestershire76£11,292838,506169
Lincolnshire75£16,046525,065148
Lisburn1£15,750422,0001
Magherafelt2£21,723652,7274
Merseyside62£14,803526,712100
Merton - Greater London2£9,095851,0009
Midlothian1£22,99515,500-
Monmouthshire2£8,7471124,9006
Moray6£13,272318,1629
Neath Port Talbot3£9,831934,4271
Newport19£16,900425,11262
Newry and Mourne2£16,397413,1972
Newtownabbey6£12,106835,15429
Norfolk94£15,062528,528149
North Ayrshire1£17,998218,08510
North Down2£12,495733,3066
North Lanarkshire9£18,632427,75419
North Yorkshire87£15,927423,645191
Northamptonshire33£15,360521,14787
Northumberland10£14,858631,68011
Nottinghamshire76£15,275529,116134
Oxfordshire23£19,067322,12156
Pembrokeshire8£16,166417,89127
Perth and Kinross18£16,288419,87421
Redbridge - Greater London30£13,060735,82267
Renfrewshire22£16,396421,13634
Rhondda Cynon Taf9£8,3791059,72110
Richmond upon Thames - Greater London15£16,115419,86414
Rutland1£12,750520,786-
Scottish Borders2£12,247822,91121
Shropshire22£13,772631,35258
Somerset69£18,059421,188121
South Ayrshire16£11,929638,27121
South Lanarkshire26£15,680419,44052
South Yorkshire114£13,995531,873262
Staffordshire114£15,711421,510169
Stirling11£15,961425,48432
Strabane2£13,793436,333-
Suffolk42£13,138636,92093
Surrey72£12,070836,763130
Sutton - Greater London3£14,447520,6745
Swansea32£16,078420,422100
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear94£13,356631,062137
Waltham Forest - Greater London7£17,583417,6851
Warwickshire31£16,962425,24673
West Dunbartonshire5£13,017731,2055
West Lothian4£13,535523,89918
West Midlands221£13,785657,504346
West Sussex76£15,145525,868144
West Yorkshire167£13,786633,036315
Wiltshire30£15,608525,98681
Worcestershire55£16,309425,39075
Wrexham40£15,488522,51176
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