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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
All4,732£14,097631,5618,901
Aberdeen City10£14,338524,21753
Aberdeenshire8£21,496418,5118
Angus5£12,145838,7065
Antrim1£6,9951119,0005
Ards2£15,855610,8977
Armagh2£8,675762,0705
Ballymena21£15,409426,00824
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,380962,0097
Barnet - Greater London7£11,121724,35713
Bedfordshire190£15,286527,162126
Belfast36£15,228421,28057
Berkshire95£13,930729,646200
Bexley - Greater London1£4,4501288,0003
Blaenau Gwent6£10,974633,6644
Brent - Greater London8£10,160842,76811
Bridgend1£10,995749,688-
Bristol48£15,616522,094110
Bromley - Greater London46£17,463415,790114
Buckinghamshire89£15,058527,168120
Caerphilly1£2,79517130,0001
Cambridgeshire116£14,557528,947152
Cardiff32£17,927316,36970
Carmarthenshire10£15,544518,20751
Carrickfergus1£8,195777,3042
Ceredigion17£15,293528,43745
Cheshire60£14,756523,787137
City of Edinburgh57£14,836527,54294
City of London - Greater London124£13,208630,820242
Clackmannanshire1£17,498316,088-
Coleraine5£17,805217,7895
Conwy1£11,9951115,437-
Cookstown10£17,781327,3615
Cornwall7£10,494840,70413
County Durham74£15,235424,769129
Craigavon16£15,697419,05824
Croydon - Greater London40£16,413416,715156
Cumbria30£14,443626,52946
Denbighshire2£14,729515,480-
Derbyshire111£15,923424,243212
Derry8£17,810424,68217
Devon53£15,493525,727125
Dorset35£11,848831,41664
Down4£13,725421,3635
Dumfries and Galloway6£11,796841,3949
Dundee City14£16,222521,59561
Dungannon2£13,420623,8382
Ealing - Greater London44£6,7431147,71252
East Ayrshire7£9,204849,63813
East Dunbartonshire1£16,998315,3566
East Riding of Yorkshire7£10,400943,17617
East Sussex96£14,996626,731168
Enfield - Greater London34£16,278416,83762
Essex102£15,207525,411181
Falkirk29£15,711526,20834
Fife23£16,154525,81027
Flintshire1£11,490734,8322
Glasgow City46£15,607421,35990
Gloucestershire27£15,486526,69077
Greater Manchester273£13,147635,355606
Hampshire97£15,226527,993262
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£9,745851,6679
Havering - Greater London43£13,783634,44553
Herefordshire20£15,233519,27121
Hertfordshire134£14,743526,672253
Highland4£11,298738,47518
Hillingdon - Greater London28£6,6331171,23755
Hounslow - Greater London31£15,675628,51923
Isle of Anglesey1£4,2951283,6631
Isle of Wight10£18,388413,25622
Kent142£15,790423,580272
Kingston upon Thames - Greater London7£6,9961272,09316
Lancashire148£13,623629,712272
Larne1£34,95024,6003
Leicestershire77£11,863837,673172
Lincolnshire73£16,188525,938157
Lisburn1£15,750422,0002
Magherafelt2£21,723652,7275
Merseyside56£15,643422,19298
Merton - Greater London2£10,245954,50010
Midlothian1£22,99515,500-
Monmouthshire3£9,595932,7475
Moray5£12,587521,1427
Neath Port Talbot3£7,6631042,579-
Newport22£17,795422,86063
Newry and Mourne2£16,626324,1881
Newtownabbey7£14,049627,28431
Norfolk87£15,665525,268165
North Ayrshire2£13,497618,54310
North Down2£12,495733,3066
North Lanarkshire6£15,506540,09320
North Yorkshire98£16,351422,219179
Northamptonshire34£16,008422,64487
Northumberland7£15,041733,12613
Nottinghamshire78£14,911529,821125
Omagh3£9,811663,6032
Oxfordshire23£16,736428,40354
Pembrokeshire10£16,607416,13129
Perth and Kinross18£16,507420,82619
Redbridge - Greater London32£13,306633,13865
Renfrewshire21£16,009525,49132
Rhondda Cynon Taf10£10,0411054,76411
Richmond upon Thames - Greater London15£16,715419,71113
Rutland1£13,000520,7861
Scottish Borders4£9,561949,72318
Shropshire21£13,199637,17262
Somerset63£17,524422,311117
South Ayrshire18£11,631638,15019
South Lanarkshire28£15,752421,56655
South Yorkshire124£14,376530,376269
Staffordshire113£16,051420,895170
Stirling12£19,417316,24331
Strabane2£13,793436,333-
Suffolk45£13,961630,39787
Surrey70£11,216837,674127
Swansea37£16,242422,06097
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear81£14,024629,038133
Waltham Forest - Greater London5£20,517418,7512
Warwickshire35£17,939422,51067
West Dunbartonshire3£15,131620,4956
West Lothian7£12,820526,64614
West Midlands219£13,666759,393364
West Sussex63£15,762525,423144
West Yorkshire159£13,888632,094318
Wiltshire32£16,331421,394104
Worcestershire57£16,138426,04582
Wrexham43£15,140523,34075
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