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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
All4,815£14,077630,6808,782
Aberdeen City11£15,062421,22157
Aberdeenshire7£22,639418,3017
Angus3£11,912931,3096
Antrim1£6,9951119,0005
Ards2£15,833511,8726
Armagh2£8,675762,0705
Ballymena19£14,245529,59925
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,229864,1167
Barnet - Greater London7£10,778726,78613
Bedfordshire186£15,715525,069122
Belfast39£16,061418,36062
Berkshire84£13,395731,916209
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent4£11,937532,2047
Brent - Greater London9£10,052946,18310
Bridgend1£10,995749,688-
Bristol48£15,135524,033112
Bromley - Greater London44£16,759417,776110
Buckinghamshire94£15,103526,717114
Caerphilly1£2,79517130,0001
Cambridgeshire111£14,088629,674155
Cardiff31£17,909316,34067
Carmarthenshire14£15,245520,33345
Carrickfergus1£8,195777,3043
Ceredigion18£15,196527,29339
Cheshire59£15,333421,283135
City of Edinburgh59£14,794527,41596
City of London - Greater London153£13,777631,826240
Clackmannanshire1£17,498316,102-
Coleraine5£17,557317,4526
Conwy1£10,4951115,437-
Cookstown10£19,351327,4856
Cornwall5£10,372847,58514
County Durham78£16,066421,860137
Craigavon18£16,140321,46025
Croydon - Greater London56£15,907519,723150
Cumbria25£14,851526,09248
Denbighshire1£16,47959,8921
Derbyshire109£15,859423,047210
Derry10£17,527322,14615
Devon47£15,105524,365131
Dorset28£10,126936,85167
Down3£13,383425,4025
Dumfries and Galloway4£11,446938,56112
Dundee City18£15,382524,05756
Dungannon2£13,420623,8382
Ealing - Greater London39£6,4991149,63856
East Ayrshire3£10,769732,84816
East Dunbartonshire1£16,498315,3565
East Riding of Yorkshire9£9,061947,43819
East Sussex94£15,084625,422173
Enfield - Greater London41£16,110418,10961
Essex117£15,828422,412180
Falkirk28£16,276424,96832
Fife20£15,704425,69730
Flintshire1£11,490734,8321
Glasgow City53£15,801419,91893
Gloucestershire27£16,386421,91056
Greater Manchester298£13,047635,398558
Hampshire112£15,365525,408242
Haringey - Greater London1£11,750737,000-
Harrow - Greater London11£9,023853,7677
Havering - Greater London47£13,381636,21951
Herefordshire22£14,789518,71622
Hertfordshire136£14,625528,819256
Highland4£11,198738,47516
Hillingdon - Greater London23£7,0181164,38059
Hounslow - Greater London29£16,399527,86625
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£18,431413,55219
Kent148£15,446525,118252
Kingston upon Thames - Greater London6£8,0271150,10519
Lancashire155£13,205631,973263
Larne1£34,95024,6003
Leicestershire77£11,311838,501170
Lincolnshire76£15,962524,651146
Lisburn1£15,750422,0001
Magherafelt2£21,723652,7274
Merseyside64£14,766526,65595
Merton - Greater London2£9,095851,0009
Midlothian1£22,99515,500-
Monmouthshire2£8,7471124,9006
Moray5£11,827421,4899
Neath Port Talbot3£9,831934,4271
Newport19£16,903425,11262
Newry and Mourne2£16,397413,1972
Newtownabbey7£13,062731,25930
Norfolk94£15,067528,528150
North Ayrshire1£17,998218,08511
North Down2£12,495733,3066
North Lanarkshire9£17,243429,73418
North Yorkshire87£15,990423,668192
Northamptonshire33£15,369521,14787
Northumberland9£15,176628,50211
Nottinghamshire76£15,337528,163133
Omagh1£10,190770,5123
Oxfordshire23£18,307423,07755
Pembrokeshire8£16,166417,89127
Perth and Kinross18£16,288419,87421
Redbridge - Greater London29£13,407634,01868
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£13,785631,35259
Somerset67£18,138420,315124
South Ayrshire17£11,986637,68920
South Lanarkshire29£15,594420,05848
South Yorkshire110£13,899532,581266
Staffordshire113£15,720421,486170
Stirling12£16,239424,19831
Strabane2£13,793436,333-
Suffolk42£13,141636,92093
Surrey73£12,198736,465130
Sutton - Greater London3£14,447520,6745
Swansea32£15,712421,20899
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear90£13,366631,191138
Waltham Forest - Greater London7£17,641417,6851
Warwickshire30£17,222424,57773
West Dunbartonshire5£13,017731,2055
West Lothian4£13,410524,46617
West Midlands219£13,658658,134349
West Sussex75£15,417525,896142
West Yorkshire161£13,964632,150318
Wiltshire31£16,095424,45879
Worcestershire55£16,310425,39076
Wrexham40£15,488522,51176
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