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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
All4,780£14,055631,6678,872
Aberdeen City11£14,443523,08253
Aberdeenshire8£21,496418,5117
Angus5£12,145838,7065
Antrim1£6,9951119,0005
Ards2£15,855610,8977
Armagh2£8,675762,0705
Ballymena20£14,780427,00925
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London7£9,039864,0077
Barnet - Greater London7£11,121724,35713
Bedfordshire188£15,258627,605128
Belfast34£15,530420,19159
Berkshire95£14,069728,891196
Bexley - Greater London1£4,4501288,0003
Blaenau Gwent6£12,174533,9905
Brent - Greater London8£10,160842,76810
Bridgend1£10,995749,688-
Bristol47£15,562521,688110
Bromley - Greater London46£17,463415,790106
Buckinghamshire93£15,161527,061120
Caerphilly1£2,79517130,0001
Cambridgeshire118£14,637528,943150
Cardiff34£17,959316,28369
Carmarthenshire10£15,544518,20751
Carrickfergus1£8,195777,3042
Ceredigion17£15,410528,43745
Cheshire61£14,607524,477134
City of Edinburgh58£14,874527,67494
City of London - Greater London126£13,007631,378238
Clackmannanshire1£17,498316,088-
Coleraine4£17,709319,0586
Conwy1£11,9951115,437-
Cookstown11£17,645327,1045
Cornwall7£10,494840,70413
County Durham76£15,284424,515129
Craigavon18£16,174317,68124
Croydon - Greater London39£16,450416,680156
Cumbria29£14,596526,15947
Denbighshire2£14,729515,480-
Derbyshire115£15,986423,893210
Derry9£17,785423,01917
Devon55£15,419525,434126
Dorset37£11,398832,69262
Down4£13,725421,3635
Dumfries and Galloway5£10,056949,02112
Dundee City13£15,877521,59562
Dungannon2£13,420623,8382
Ealing - Greater London45£6,8211148,33150
East Ayrshire7£9,204849,63813
East Dunbartonshire1£16,998315,3566
East Riding of Yorkshire8£9,847944,96617
East Sussex96£15,158626,099171
Enfield - Greater London35£16,323416,74761
Essex102£15,208525,411175
Falkirk29£15,711526,20834
Fife24£15,877525,72626
Flintshire1£11,490734,8322
Glasgow City48£15,540420,73689
Gloucestershire27£15,486526,69074
Greater Manchester275£13,188635,186602
Hampshire98£15,280527,644263
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£9,745851,6679
Havering - Greater London42£13,557635,09554
Herefordshire22£15,046520,78521
Hertfordshire139£14,785526,889252
Highland4£11,298738,47518
Hillingdon - Greater London28£6,6291171,23754
Hounslow - Greater London31£15,675628,51922
Isle of Anglesey1£4,2951283,6631
Isle of Wight10£18,388413,25622
Kent152£15,552524,614267
Kingston upon Thames - Greater London6£6,8701275,94217
Lancashire147£13,645630,112271
Larne1£34,95024,6003
Leicestershire81£11,617837,777169
Lincolnshire75£15,956525,775157
Lisburn1£15,750422,0002
Magherafelt2£21,723652,7275
Merseyside58£15,440422,57197
Merton - Greater London2£10,245954,5009
Midlothian1£22,99515,500-
Monmouthshire3£9,595932,7475
Moray4£10,860624,8618
Neath Port Talbot3£7,6631042,579-
Newport21£17,876422,69063
Newry and Mourne2£16,626324,1881
Newtownabbey7£14,049627,28431
Norfolk88£15,577526,359162
North Ayrshire2£13,497618,54310
North Down2£12,495733,3066
North Lanarkshire6£15,506540,09320
North Yorkshire96£16,402422,210181
Northamptonshire34£15,873423,10788
Northumberland8£14,948632,95512
Nottinghamshire84£14,827528,747126
Omagh3£9,811663,6032
Oxfordshire24£16,843427,78854
Pembrokeshire10£16,607416,13128
Perth and Kinross19£16,552420,10019
Redbridge - Greater London32£13,434631,98267
Renfrewshire21£16,009525,49132
Rhondda Cynon Taf10£10,0411054,76410
Richmond upon Thames - Greater London16£16,607419,56013
Rutland1£12,750520,7861
Scottish Borders4£9,561945,05518
Shropshire22£13,117636,73863
Somerset67£17,732421,679114
South Ayrshire18£11,614638,15019
South Lanarkshire29£15,812421,37353
South Yorkshire121£14,292529,681268
Staffordshire112£16,188420,428171
Stirling12£19,417316,24331
Strabane2£13,793436,333-
Suffolk41£13,733631,89991
Surrey70£11,373836,578127
Swansea39£16,791421,46695
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear82£13,803629,153134
Waltham Forest - Greater London5£20,517418,7512
Warwickshire33£17,839422,58768
West Dunbartonshire3£15,131620,4956
West Lothian7£12,820529,31714
West Midlands217£13,412760,234369
West Sussex62£15,727525,594146
West Yorkshire158£13,728632,596320
Wiltshire33£16,366421,031104
Worcestershire55£15,969426,51383
Wrexham42£15,245523,13376
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