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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
All4,635£14,090632,1158,820
Aberdeen City15£13,778530,99251
Aberdeenshire8£21,496418,5119
Angus4£10,933944,9875
Ards2£15,855610,8979
Armagh2£8,675762,0705
Ballymena19£15,905424,82427
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,546962,0098
Barnet - Greater London6£11,293822,28314
Bedfordshire190£15,370526,898135
Belfast32£14,693526,29357
Berkshire99£14,344626,794204
Bexley - Greater London2£3,8951384,5553
Blaenau Gwent7£11,978631,4235
Brent - Greater London7£10,825842,23513
Bridgend1£10,995749,688-
Bristol33£16,050521,535112
Bromley - Greater London40£17,875315,028114
Buckinghamshire83£14,978528,092140
Caerphilly1£2,79517130,0001
Cambridgeshire124£14,975528,072151
Cardiff32£18,403316,49267
Carmarthenshire16£15,606420,02046
Carrickfergus1£8,195777,3042
Ceredigion23£16,057421,05139
Cheshire62£14,342527,073134
City of Edinburgh52£15,553525,28198
City of London - Greater London124£13,349629,872234
Coleraine4£17,308321,2725
Conwy1£11,9951115,4371
Cookstown10£17,831327,3616
Cornwall7£10,589840,70413
County Durham69£15,139525,471138
Craigavon13£15,915417,00123
Croydon - Greater London41£16,326517,173145
Cumbria26£14,883627,65045
Denbighshire2£14,729515,480-
Derbyshire114£15,932425,352208
Derry5£19,672421,03616
Devon62£14,947528,027119
Dorset37£12,157829,32562
Down4£13,725421,3635
Dumfries and Galloway6£11,796841,3948
Dundee City13£14,870522,50562
Dungannon3£11,443739,9951
Ealing - Greater London41£6,6701247,02151
East Ayrshire7£9,204849,63814
East Riding of Yorkshire10£10,395842,44016
East Sussex93£15,005626,561161
Enfield - Greater London31£16,222415,74960
Essex97£15,827524,750189
Falkirk33£15,655524,24129
Fife19£16,519423,96229
Flintshire1£11,490734,8322
Glasgow City49£15,815421,49583
Gloucestershire25£16,088425,94878
Greater Manchester273£12,692737,110606
Gwynedd1£18,495212,500-
Hampshire109£14,871530,007238
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£9,639749,85613
Havering - Greater London46£13,940633,00452
Herefordshire20£15,347518,83423
Hertfordshire121£15,152526,833244
Highland4£11,423738,47519
Hillingdon - Greater London27£7,0081165,41559
Hounslow - Greater London17£12,991737,87119
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£18,431413,15127
Kent137£15,634524,999266
Kingston upon Thames - Greater London9£7,2791166,00015
Lancashire151£13,660628,507279
Larne1£34,95024,6003
Leicestershire73£12,023838,332172
Lincolnshire80£16,007525,748142
Lisburn1£15,995422,0002
Magherafelt2£21,723652,7275
Merseyside55£14,883523,366100
Merton - Greater London3£7,088981,22710
Midlothian1£22,99515,500-
Monmouthshire3£8,0301059,6674
Moray8£10,615423,0894
Neath Port Talbot3£7,6631042,579-
Newport23£17,081424,83159
Newry and Mourne2£16,626324,1881
Newtownabbey9£13,104636,65727
Norfolk88£15,892522,643173
North Ayrshire2£13,497618,54312
North Down1£15,65047,1256
North Lanarkshire5£16,218535,18119
North Yorkshire101£16,097422,941176
Northamptonshire34£16,133422,33286
Northumberland7£15,183729,99012
Nottinghamshire81£14,895529,627130
Omagh4£10,932651,9271
Oxfordshire23£18,170324,67953
Pembrokeshire10£16,855413,29227
Perth and Kinross15£18,239419,36122
Redbridge - Greater London27£13,815632,63164
Renfrewshire19£15,611527,75934
Rhondda Cynon Taf10£8,9201161,9649
Richmond upon Thames - Greater London6£14,378521,98813
Rutland1£13,000520,7861
Scottish Borders3£8,581950,80015
Shropshire21£13,776638,17066
Somerset59£17,213423,240109
South Ayrshire17£10,939740,16817
South Lanarkshire28£15,375420,68053
South Yorkshire122£14,171630,612271
Staffordshire111£16,581424,874166
Stirling12£19,775316,24331
Strabane2£13,968436,333-
Suffolk45£14,849525,81184
Surrey71£11,915837,804122
Sutton - Greater London2£11,945634,8575
Swansea35£15,917421,93496
Tyne and Wear74£13,749630,380134
Waltham Forest - Greater London4£21,047521,5162
Wandsworth - Greater London1£2,9901655,0002
Warwickshire36£20,359317,65166
West Dunbartonshire5£11,897836,7224
West Lothian5£14,057428,63913
West Midlands199£13,295764,818373
West Sussex62£15,999525,548147
West Yorkshire163£13,923632,511302
Wiltshire25£16,846421,229103
Worcestershire44£16,912425,71382
Wrexham40£16,632420,74173
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