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Used Toyota Yaris on Finance

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

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
All4,395£14,502632,8978,820
Aberdeen City15£18,555528,00040
Aberdeenshire3£16,763416,8134
Angus2£12,995720,6414
Antrim23£15,848423,32440
Ards6£13,482544,0659
Argyll and Bute1£8,979856,0001
Armagh2£4,12311109,0001
Ballymena11£16,634330,23417
Ballymoney1£13,250736,0413
Banbridge1£15,450428,1611
Barking & Dagenham - Greater London2£12,127830,3995
Barnet - Greater London11£14,180728,92911
Bedfordshire94£12,083742,157135
Belfast12£13,859642,46424
Berkshire60£11,751942,244172
Bexley - Greater London2£6,7471284,8933
Blaenau Gwent3£12,883629,6191
Brent - Greater London11£11,594739,4918
Bristol47£16,016526,108141
Bromley - Greater London40£17,529417,388120
Buckinghamshire92£17,344321,458200
Caerphilly6£7,1111183,1345
Cambridgeshire69£13,738638,080159
Cardiff31£16,407416,27785
Carmarthenshire16£14,437528,73236
Ceredigion18£15,491526,19040
Cheshire71£14,580528,510168
City of Edinburgh51£14,389633,84673
City of London - Greater London99£13,591632,631257
Coleraine4£11,722752,3422
Conwy2£10,095860,9615
Cookstown15£18,739532,16214
Cornwall8£12,621734,43611
County Durham75£15,249527,298116
Craigavon11£17,908215,59620
Croydon - Greater London80£17,367414,781156
Cumbria27£15,760627,76440
Denbighshire1£9,9951011,150-
Derbyshire110£15,491525,244243
Derry10£21,828429,26117
Devon60£14,963524,721127
Dorset21£13,773732,45664
Down2£17,245312,0003
Dumfries and Galloway5£18,978312,86312
Dundee City12£15,571423,29642
Dungannon1£17,99528,0007
Ealing - Greater London24£6,8211361,62660
East Ayrshire5£14,358622,2367
East Dunbartonshire1£18,498321,9491
East Riding of Yorkshire10£13,105634,91919
East Sussex64£14,415627,271158
Enfield - Greater London22£13,490629,67468
Essex101£16,277421,389224
Falkirk20£14,440528,59321
Fermanagh2£16,995943,931-
Fife24£15,933424,94933
Flintshire2£7,7451164,810-
Glasgow City45£17,036421,70270
Gloucestershire32£19,137212,37069
Greater Manchester298£13,885633,933518
Gwynedd2£12,245735,000-
Hammersmith & Fulham - Greater London1£26,490512,930-
Hampshire72£16,193520,919218
Harrow - Greater London8£10,883946,46120
Havering - Greater London73£11,164836,34997
Herefordshire17£16,270425,65933
Hertfordshire94£15,152522,605280
Highland24£16,978318,29223
Hillingdon - Greater London17£9,871949,38044
Hounslow - Greater London19£15,488425,97929
Inverclyde4£10,922759,0112
Isle of Wight15£16,978419,71919
Kent84£14,794628,988189
Kingston upon Thames - Greater London5£9,657946,97218
Lancashire173£15,565528,164275
Larne1£34,990413,2003
Leicestershire83£13,250635,746160
Limavady5£14,745431,0001
Lincolnshire88£14,992526,545142
Lisburn1£16,495321,6974
Merseyside36£13,656631,665124
Merthyr Tydfil1£8,3951057,8973
Merton - Greater London4£8,6281152,1856
Midlothian23£17,675312,90126
Monmouthshire1£10,495738,9557
Moray2£19,49729,0277
Neath Port Talbot1£9,795684,153-
Newham - Greater London1£3,65011125,000-
Newport20£16,876521,59060
Newry and Mourne2£11,7231249,9144
Newtownabbey11£16,325421,37428
Norfolk85£15,063528,852162
North Ayrshire4£11,622738,0093
North Lanarkshire4£12,419732,57311
North Yorkshire115£16,869320,108183
Northamptonshire46£14,601528,35694
Northumberland7£12,077738,98918
Nottinghamshire78£16,235524,700145
Omagh1£9,995964,600-
Oxfordshire19£14,849529,73778
Pembrokeshire13£17,893314,49226
Perth and Kinross15£15,886424,04414
Redbridge - Greater London41£17,605317,78554
Renfrewshire9£14,135621,44317
Rhondda Cynon Taf5£7,3941175,0586
Richmond upon Thames - Greater London20£16,867324,76721
Rutland1£17,85029,8681
Scottish Borders10£15,071524,26928
Shropshire16£16,513624,88960
Somerset42£15,671523,22098
South Ayrshire14£16,156322,05842
South Lanarkshire17£14,778524,98750
South Yorkshire126£15,087424,278276
Staffordshire85£15,207525,449113
Stirling17£18,194319,61122
Strabane1£15,995321,548-
Suffolk48£16,165422,42280
Surrey49£14,682843,047102
Sutton - Greater London3£9,792848,7969
Swansea38£15,934424,91896
The Vale of Glamorgan1£6,1501096,4257
Tyne and Wear59£15,627424,902142
Warwickshire52£17,430317,92476
West Dunbartonshire3£13,296628,1359
West Lothian10£13,142639,70414
West Midlands188£14,071637,250390
West Sussex54£16,405522,727134
West Yorkshire181£13,911634,252294
Wiltshire61£17,411420,25869
Worcestershire33£15,272528,72681
Wrexham42£17,211428,51383
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