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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
All4,865£14,112630,6188,804
Aberdeen City11£15,653419,10556
Aberdeenshire8£21,246418,5567
Angus4£13,295826,8735
Antrim1£6,9951119,0005
Ards3£16,98748,1986
Armagh2£8,675762,0706
Ballymena20£14,400528,67125
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,229864,1168
Barnet - Greater London6£11,409725,96713
Bedfordshire187£15,641525,428121
Belfast41£15,731419,54457
Berkshire93£14,049629,289202
Bexley - Greater London1£7,2491157,4034
Blaenau Gwent5£12,119530,5636
Brent - Greater London10£9,947943,16510
Bridgend1£10,995749,688-
Bristol46£15,572523,106111
Bromley - Greater London46£16,822417,628115
Buckinghamshire96£15,123527,626113
Caerphilly1£2,79517130,0001
Cambridgeshire118£14,351528,895151
Cardiff36£17,964316,21464
Carmarthenshire14£14,674421,33545
Carrickfergus2£7,0731160,1522
Ceredigion19£15,374526,36839
Cheshire60£15,348421,614135
City of Edinburgh58£14,796527,29694
City of London - Greater London151£13,814631,279237
Clackmannanshire1£17,498316,088-
Coleraine4£17,709319,0586
Conwy1£10,4951115,437-
Cookstown10£17,411429,8535
Cornwall5£10,380847,58514
County Durham81£15,849423,038132
Craigavon19£16,369318,98724
Croydon - Greater London45£16,539518,440155
Cumbria23£15,455523,89949
Denbighshire1£16,47959,8921
Derbyshire108£16,253421,982209
Derry10£16,978423,29715
Devon46£15,416523,873130
Dorset30£9,8411037,68068
Down4£13,725421,3634
Dumfries and Galloway4£11,446938,56112
Dundee City14£15,479521,05658
Dungannon2£13,420623,8382
Ealing - Greater London41£6,4321249,77553
East Ayrshire4£11,076737,52416
East Dunbartonshire1£16,498315,3565
East Riding of Yorkshire8£10,419842,32118
East Sussex100£15,170625,340169
Enfield - Greater London44£15,892419,78959
Essex115£15,417524,279178
Falkirk29£16,011524,95433
Fife24£16,173423,88227
Flintshire1£11,490734,8322
Glasgow City53£15,479419,38993
Gloucestershire27£16,252422,73672
Greater Manchester300£13,207634,907576
Hampshire110£15,766524,679242
Haringey - Greater London1£11,750737,000-
Harrow - Greater London11£9,050853,7669
Havering - Greater London45£13,697634,27152
Herefordshire23£14,807520,14420
Hertfordshire146£14,892526,682249
Highland4£11,298738,47516
Hillingdon - Greater London27£6,2921172,51952
Hounslow - Greater London30£15,985528,43725
Isle of Anglesey1£4,2951283,6631
Isle of Wight8£18,485412,32121
Kent146£15,291525,105263
Kingston upon Thames - Greater London5£6,0361380,53118
Lancashire154£13,605630,070261
Larne1£34,95024,6003
Leicestershire81£12,775836,299170
Lincolnshire75£15,497526,460157
Lisburn1£15,750422,0001
Magherafelt2£21,723652,7274
Merseyside58£15,367423,39095
Merton - Greater London2£9,095851,0009
Midlothian1£22,99515,500-
Monmouthshire2£8,7471124,9007
Moray3£11,381425,8149
Neath Port Talbot4£9,122940,820-
Newport23£17,189424,01163
Newry and Mourne2£16,647413,1972
Newtownabbey7£13,077731,25931
Norfolk89£15,175527,684153
North Ayrshire1£17,998218,08511
North Down3£11,328730,8715
North Lanarkshire6£15,389540,09319
North Yorkshire90£16,236422,959183
Northamptonshire34£15,459521,12491
Northumberland8£15,198634,80912
Nottinghamshire84£15,253526,841133
Omagh1£10,190770,5123
Oxfordshire25£17,602425,39455
Pembrokeshire9£16,342417,21027
Perth and Kinross19£15,715421,30019
Redbridge - Greater London34£13,642632,60066
Renfrewshire21£16,029522,00234
Rhondda Cynon Taf9£8,3791059,72110
Richmond upon Thames - Greater London16£16,595419,56013
Rutland1£12,750520,7861
Scottish Borders3£11,415827,60721
Shropshire20£13,740634,00061
Somerset67£17,926422,040121
South Ayrshire19£12,250636,76919
South Lanarkshire31£15,287421,39251
South Yorkshire112£13,999531,354272
Staffordshire113£15,902421,031167
Stirling12£17,959319,03332
Strabane2£13,793436,333-
Suffolk41£13,443634,03092
Surrey70£12,149836,603132
Sutton - Greater London2£16,99534,7507
Swansea39£16,651420,30395
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear87£13,555630,665135
Waltham Forest - Greater London4£16,872417,1802
Warwickshire31£18,784421,38471
West Dunbartonshire4£12,272834,5735
West Lothian5£13,628427,57216
West Midlands218£13,584758,880353
West Sussex70£15,953525,025145
West Yorkshire162£13,737632,412319
Wiltshire31£16,374422,78384
Worcestershire54£16,401424,29686
Wrexham40£15,475521,73776
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