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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
All4,826£14,015631,0448,857
Aberdeen City8£12,623532,24954
Aberdeenshire5£18,696523,81410
Angus3£11,912931,3095
Antrim1£6,9951119,0004
Ards3£12,238929,4626
Armagh1£9,400576,4007
Ballymena15£12,992533,18329
Ballymoney2£8,1251049,007-
Banbridge2£15,200312,9565
Barking & Dagenham - Greater London4£8,509964,7659
Barnet - Greater London6£11,635624,93313
Bedfordshire186£15,586524,637122
Belfast41£15,647416,58960
Berkshire87£12,872735,467202
Bexley - Greater London1£7,2491157,4035
Blaenau Gwent2£14,749424,6209
Brent - Greater London9£10,052946,1839
Bristol44£15,875521,757119
Bromley - Greater London47£16,524417,354108
Buckinghamshire95£14,737528,353109
Caerphilly1£2,79517130,000-
Cambridgeshire114£13,726631,732154
Cardiff30£16,803320,02368
Carmarthenshire17£15,039521,73343
Carrickfergus2£12,073546,6523
Ceredigion19£15,816424,73131
Cheshire56£15,286522,868137
City of Edinburgh62£14,650527,342109
City of London - Greater London143£13,639632,018261
Clackmannanshire1£17,498316,102-
Coleraine5£17,523317,4606
Conwy1£10,4951115,437-
Cookstown11£20,725322,2308
Cornwall8£8,961952,83210
County Durham76£15,094423,742130
Craigavon20£15,878319,36024
Croydon - Greater London63£15,697520,584142
Cumbria22£14,778530,11352
Derbyshire105£15,636424,450203
Derry12£18,139320,10913
Devon51£14,941523,578135
Dorset32£9,7291039,30762
Down3£13,317425,4024
Dumfries and Galloway4£11,446938,56111
Dundee City22£15,565523,20052
Dungannon2£13,420623,8382
Ealing - Greater London39£6,9181151,58958
East Ayrshire5£12,340629,49015
East Riding of Yorkshire10£10,224842,38322
East Sussex99£15,064525,578175
Enfield - Greater London43£15,742418,63963
Essex121£15,563523,247177
Falkirk28£14,881527,55733
Fife20£15,812425,93628
Flintshire1£11,490734,8321
Glasgow City45£15,371419,088104
Gloucestershire27£16,882421,06855
Greater Manchester287£13,140633,789565
Greenwich - Greater London1£11,990623,220-
Hampshire123£14,139630,012240
Haringey - Greater London1£11,750737,000-
Harrow - Greater London9£8,074959,79110
Havering - Greater London44£13,243635,38949
Herefordshire21£14,479521,18723
Hertfordshire132£14,487529,354265
Highland4£14,147418,59617
Hillingdon - Greater London20£7,0341163,98759
Hounslow - Greater London21£15,655532,64736
Isle of Anglesey2£2,64814143,0031
Isle of Wight8£16,597524,68017
Kensington & Chelsea - Greater London1£8,950936,870-
Kent151£15,297526,384253
Kingston upon Thames - Greater London8£8,2641048,32916
Lancashire156£13,254632,683279
Larne1£34,95024,6003
Leicestershire79£11,231839,506170
Lincolnshire79£15,685524,105146
Lisburn2£17,123315,134-
Magherafelt2£21,723652,7273
Merseyside65£14,760526,35997
Merton - Greater London2£8,740851,0009
Midlothian1£22,99515,500-
Monmouthshire1£10,4951033,0007
Moray6£14,572212,73910
Neath Port Talbot3£9,831934,4271
Newport26£15,448427,58960
Newry and Mourne2£16,347413,1972
Newtownabbey7£16,156422,63029
Norfolk100£14,808529,696150
North Ayrshire1£17,998218,0859
North Down2£12,243733,3066
North Lanarkshire8£19,962425,40716
North Yorkshire76£16,444420,618197
Northamptonshire34£15,612523,08588
Northumberland9£14,118731,30311
Nottinghamshire89£15,645526,441127
Oxfordshire23£19,142320,94455
Pembrokeshire9£15,912421,76928
Perth and Kinross16£17,415420,88325
Redbridge - Greater London31£11,963736,86171
Renfrewshire19£15,803421,10537
Rhondda Cynon Taf6£5,7801378,3489
Richmond upon Thames - Greater London19£18,221317,85117
Rutland2£11,325625,558-
Scottish Borders2£12,147822,91124
Shropshire27£14,135531,82257
Somerset62£18,020420,915128
South Ayrshire16£13,070635,77518
South Lanarkshire28£14,902522,50147
South Yorkshire116£14,401530,410259
Staffordshire112£15,496420,720173
Stirling14£16,700318,88535
Strabane2£13,793436,333-
Suffolk39£13,952635,55393
Surrey72£11,919837,350127
Sutton - Greater London4£10,772828,8814
Swansea30£15,616421,16995
Tyne and Wear94£13,404630,352142
Waltham Forest - Greater London6£17,348420,0142
Warwickshire34£16,445422,84072
West Dunbartonshire5£12,217732,3235
West Lothian4£13,535523,90018
West Midlands201£14,005658,760366
West Sussex64£14,876526,740162
West Yorkshire177£13,693633,214303
Wiltshire31£15,214524,73088
Worcestershire57£16,478423,15074
Wrexham38£15,575421,48276
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