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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
All4,589£14,151632,0148,721
Aberdeen City15£13,931529,29749
Aberdeenshire6£24,079418,8959
Angus3£12,245931,3025
Antrim1£7,995774,0004
Ards2£15,855610,8979
Armagh2£8,675762,0704
Ballymena19£15,872423,93328
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,546962,0099
Barnet - Greater London5£12,073717,54014
Bedfordshire187£15,679526,351137
Belfast31£14,302525,77659
Berkshire91£14,332726,489211
Bexley - Greater London1£4,4951288,0003
Blaenau Gwent7£12,121631,4235
Brent - Greater London6£11,129746,60813
Bridgend1£10,995749,688-
Bristol42£16,457520,416108
Bromley - Greater London45£17,839315,415113
Buckinghamshire74£15,516527,011143
Caerphilly1£2,79517130,0001
Cambridgeshire120£15,284526,553152
Cardiff31£17,938317,05468
Carmarthenshire17£14,870520,95043
Carrickfergus1£8,195777,3042
Ceredigion23£16,722318,29939
Cheshire57£14,562525,603136
City of Edinburgh49£15,997524,40899
City of London - Greater London114£13,035630,105226
Coleraine4£17,308321,2726
Conwy1£11,9951115,4371
Cookstown7£16,046430,1726
Cornwall7£10,605840,70414
County Durham74£15,510526,038138
Craigavon11£16,377313,33724
Croydon - Greater London45£16,504516,832138
Cumbria21£14,692630,90945
Denbighshire2£14,729515,480-
Derbyshire96£16,040423,958213
Derry6£19,224419,82915
Devon62£14,745528,062115
Dorset39£11,520833,50558
Down5£12,479532,3234
Dumfries and Galloway6£11,796841,3948
Dundee City17£14,155525,40759
Dungannon3£12,577745,674-
Ealing - Greater London43£6,5571247,14250
East Ayrshire7£9,777849,18514
East Riding of Yorkshire10£9,592946,56716
East Sussex91£14,950627,464159
Enfield - Greater London32£15,745516,40957
Essex99£15,986523,967193
Falkirk30£15,951524,76331
Fife17£16,258425,18628
Flintshire1£11,490734,8322
Glasgow City43£15,490521,00186
Gloucestershire26£16,140425,21080
Greater Manchester263£12,730637,246599
Gwynedd1£18,495212,500-
Hampshire110£14,609631,448235
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£9,639749,85613
Havering - Greater London42£14,349632,23754
Herefordshire21£15,677518,99921
Hertfordshire124£15,698425,250239
Highland4£13,847739,02918
Hillingdon - Greater London27£7,1081165,85957
Hounslow - Greater London27£15,200630,0596
Isle of Anglesey1£4,2951283,6631
Isle of Wight7£19,126312,95227
Kent133£15,595526,217268
Kingston upon Thames - Greater London7£6,9581173,42916
Lancashire158£14,004628,609272
Larne1£34,95024,6003
Leicestershire64£12,560837,789172
Lincolnshire79£16,260524,568141
Lisburn1£15,995422,0002
Magherafelt2£21,723652,7275
Merseyside52£14,952523,038101
Merton - Greater London3£7,147981,22710
Midlothian1£22,99515,500-
Monmouthshire2£11,145733,5004
Moray9£11,624420,8343
Neath Port Talbot3£7,6631042,579-
Newport23£17,042425,34662
Newry and Mourne2£16,626324,1881
Newtownabbey5£15,258528,86628
Norfolk83£16,486523,086174
North Ayrshire2£13,247618,54312
North Down1£15,65047,1255
North Lanarkshire5£16,238535,18119
North Yorkshire99£16,100423,240170
Northamptonshire32£15,967521,88287
Northumberland7£15,183729,99013
Nottinghamshire78£14,672630,857135
Omagh4£10,932651,9271
Oxfordshire24£17,157426,00851
Pembrokeshire10£16,855413,29229
Perth and Kinross17£17,299421,18221
Redbridge - Greater London31£14,309631,09760
Renfrewshire19£15,948526,04736
Rhondda Cynon Taf10£8,8851161,9649
Richmond upon Thames - Greater London18£17,428416,5031
Rutland1£13,000520,7861
Scottish Borders2£10,873827,50017
Shropshire18£13,986634,86766
Somerset56£17,224423,183108
South Ayrshire18£10,997739,11019
South Lanarkshire25£15,261420,44755
South Yorkshire117£14,339629,805265
Staffordshire102£16,244420,956170
Stirling14£19,142317,87329
Strabane2£13,968436,333-
Suffolk40£14,618525,19387
Surrey76£11,871839,395117
Sutton - Greater London2£11,945634,8575
Swansea41£15,843422,84590
Tyne and Wear81£14,248629,008124
Waltham Forest - Greater London4£19,122419,5483
Wandsworth - Greater London1£2,9901655,0002
Warwickshire36£19,814420,37964
West Dunbartonshire4£10,522943,1585
West Lothian7£11,890631,76011
West Midlands210£13,464763,195362
West Sussex60£16,141525,511142
West Yorkshire169£14,019631,990291
Wiltshire27£16,550420,670105
Worcestershire49£16,231428,85976
Wrexham41£17,094418,22573
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