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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
All4,725£14,076631,5298,905
Aberdeen City10£15,218419,38653
Aberdeenshire8£21,371418,5547
Angus5£12,145838,7065
Antrim1£6,9951119,0005
Ards2£15,605610,8977
Armagh2£8,675762,0705
Ballymena21£14,671427,31824
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London7£9,039864,0077
Barnet - Greater London7£11,121724,35712
Bedfordshire189£15,361527,043126
Belfast37£15,576420,08459
Berkshire92£13,797729,004202
Bexley - Greater London1£4,4501288,0003
Blaenau Gwent6£12,174533,9905
Brent - Greater London8£10,160842,76810
Bridgend1£10,995749,688-
Bristol45£15,517522,188111
Bromley - Greater London44£17,084416,966110
Buckinghamshire92£15,140527,238118
Caerphilly1£2,79517130,0001
Cambridgeshire116£14,732528,924152
Cardiff32£17,904316,92170
Carmarthenshire11£15,766517,63349
Carrickfergus1£8,195777,3042
Ceredigion17£15,368528,43744
Cheshire60£14,933523,770136
City of Edinburgh57£15,188526,19993
City of London - Greater London143£13,638630,311233
Clackmannanshire1£17,498316,088-
Coleraine4£17,709319,0586
Conwy1£11,9951115,437-
Cookstown11£17,645327,1045
Cornwall7£10,494840,70413
County Durham71£15,267424,247133
Craigavon18£16,174317,68123
Croydon - Greater London46£16,332418,247156
Cumbria25£15,218525,53951
Denbighshire2£14,729515,480-
Derbyshire110£15,836424,141209
Derry10£17,156423,29717
Devon52£15,672523,217125
Dorset35£11,266931,86464
Down4£13,725421,3635
Dumfries and Galloway5£10,056949,02112
Dundee City13£15,877521,59561
Dungannon2£13,420623,8382
Ealing - Greater London43£6,6861149,71853
East Ayrshire6£10,322743,20114
East Dunbartonshire1£16,998315,3565
East Riding of Yorkshire8£9,847944,96617
East Sussex100£15,164625,576168
Enfield - Greater London33£16,246417,34360
Essex99£15,223525,284178
Falkirk28£15,951525,48635
Fife25£15,926425,09624
Flintshire1£11,490734,8322
Glasgow City48£15,540420,74088
Gloucestershire26£15,735526,68472
Greater Manchester272£13,017635,627597
Hampshire95£15,342526,754260
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£9,176851,6679
Havering - Greater London41£13,329637,19355
Herefordshire22£15,039520,78521
Hertfordshire141£14,786526,668251
Highland4£11,298738,47518
Hillingdon - Greater London31£6,7331170,31153
Hounslow - Greater London31£15,675628,51922
Isle of Anglesey1£4,2951283,6631
Isle of Wight11£17,716413,25620
Kent142£15,294525,457277
Kingston upon Thames - Greater London6£6,8701275,94217
Lancashire141£13,623629,318267
Larne1£34,95024,6003
Leicestershire74£11,833837,071173
Lincolnshire77£15,952525,537157
Lisburn1£15,750422,0002
Magherafelt2£21,723652,7275
Merseyside56£15,502422,38098
Merton - Greater London1£10,795663,00010
Midlothian1£22,99515,500-
Monmouthshire2£11,145733,5006
Moray4£10,860624,8618
Neath Port Talbot3£7,6631042,579-
Newport20£17,430424,48863
Newry and Mourne2£16,626324,1881
Newtownabbey6£13,757729,25831
Norfolk83£15,099527,473165
North Ayrshire2£13,497618,54310
North Down2£12,495733,3066
North Lanarkshire6£15,506540,09320
North Yorkshire93£16,363422,292180
Northamptonshire34£15,929422,51688
Northumberland8£14,948632,96111
Nottinghamshire86£14,943528,060126
Omagh2£8,743882,5062
Oxfordshire25£16,909427,45754
Pembrokeshire10£16,583416,13128
Perth and Kinross19£16,552420,10019
Redbridge - Greater London33£13,548631,40164
Renfrewshire21£15,819526,08033
Rhondda Cynon Taf10£10,0411054,76410
Richmond upon Thames - Greater London16£16,607419,56013
Rutland1£12,750520,7861
Scottish Borders3£11,415827,60719
Shropshire20£13,659632,88964
Somerset66£17,915421,644115
South Ayrshire19£12,029636,96219
South Lanarkshire29£15,812421,37352
South Yorkshire116£14,354529,724272
Staffordshire110£16,068420,255170
Stirling13£19,154316,63331
Strabane2£13,793436,333-
Suffolk41£13,511632,44693
Surrey71£11,107838,255127
Sutton - Greater London2£16,99534,7507
Swansea39£16,866420,92594
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear84£13,826629,513133
Waltham Forest - Greater London5£18,897417,1772
Warwickshire31£17,940422,85872
West Dunbartonshire4£12,272834,5735
West Lothian6£13,240528,77015
West Midlands213£13,572760,277373
West Sussex66£15,886525,861149
West Yorkshire151£13,599633,434326
Wiltshire33£16,366421,048101
Worcestershire55£16,096426,11884
Wrexham41£15,398521,77976
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