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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
All4,596£14,115632,3978,734
Aberdeen City14£13,605531,13251
Aberdeenshire6£23,996418,8959
Angus3£12,245931,3025
Antrim1£7,995774,0004
Ards2£15,855610,8979
Armagh2£8,675762,0705
Ballymena18£15,920424,47727
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,546962,0099
Barnet - Greater London5£12,053717,54014
Bedfordshire188£15,607526,351134
Belfast28£14,345526,70860
Berkshire92£14,495625,906212
Bexley - Greater London1£4,4951288,0003
Blaenau Gwent7£12,121631,4235
Brent - Greater London6£11,129746,60813
Bridgend1£10,995749,688-
Bristol43£16,539520,345104
Bromley - Greater London45£17,839315,412112
Buckinghamshire77£15,526526,675141
Caerphilly1£2,79517130,0001
Cambridgeshire115£15,204527,189152
Cardiff32£17,690317,44568
Carmarthenshire17£15,318520,34744
Carrickfergus1£8,195777,3042
Ceredigion22£16,605418,83539
Cheshire59£14,477526,003136
City of Edinburgh48£15,988525,11999
City of London - Greater London120£13,526629,306226
Coleraine4£17,308321,2726
Conwy1£11,9951115,4371
Cookstown7£16,046430,1726
Cornwall7£10,589840,70413
County Durham71£15,398526,027137
Craigavon13£15,930416,49923
Croydon - Greater London45£16,401517,383140
Cumbria23£14,490629,77845
Denbighshire2£14,729515,480-
Derbyshire96£16,074424,342213
Derry6£19,224419,82915
Devon65£14,832527,632114
Dorset38£11,664832,67659
Down5£12,479532,3234
Dumfries and Galloway6£11,796841,3948
Dundee City13£14,547524,08661
Dungannon3£12,577745,674-
Ealing - Greater London42£6,6541246,68751
East Ayrshire6£8,740953,89315
East Riding of Yorkshire10£10,435842,44016
East Sussex91£14,889627,422159
Enfield - Greater London31£15,795516,55257
Essex102£15,785524,420189
Falkirk30£15,951524,76331
Fife18£16,454424,88030
Flintshire1£11,490734,8322
Glasgow City42£15,801420,13087
Gloucestershire27£16,059426,77678
Greater Manchester266£12,772637,244597
Gwynedd1£18,495212,500-
Hampshire111£15,026529,617236
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£9,639749,85613
Havering - Greater London42£14,270632,40955
Herefordshire21£15,695518,99920
Hertfordshire119£15,476425,762245
Highland4£13,847739,02918
Hillingdon - Greater London26£7,0521165,62358
Hounslow - Greater London27£15,190630,0596
Isle of Anglesey1£4,2951283,6631
Isle of Wight8£18,485412,32127
Kent141£15,591525,764267
Kingston upon Thames - Greater London7£6,9301173,42916
Lancashire156£14,036628,142275
Larne1£34,95024,6003
Leicestershire72£12,063838,074174
Lincolnshire81£16,213424,702140
Lisburn1£15,995422,0002
Magherafelt2£21,723652,7275
Merseyside52£14,943523,038101
Merton - Greater London3£7,147981,22710
Midlothian1£22,99515,500-
Monmouthshire3£8,0301059,6674
Moray9£11,624420,8343
Neath Port Talbot3£7,6631042,579-
Newport22£17,067425,58163
Newry and Mourne2£16,626324,1881
Newtownabbey7£13,813538,16228
Norfolk81£16,515522,826174
North Ayrshire2£13,247618,54312
North Down1£15,65047,1255
North Lanarkshire5£16,238535,18119
North Yorkshire97£16,154422,944172
Northamptonshire31£16,509420,63884
Northumberland7£15,183729,99013
Nottinghamshire79£14,628631,046131
Omagh4£10,932651,9271
Oxfordshire24£18,202323,82851
Pembrokeshire10£16,855413,29229
Perth and Kinross16£17,505420,78321
Redbridge - Greater London30£14,519630,04061
Renfrewshire19£15,948526,04735
Rhondda Cynon Taf10£8,8851161,9649
Richmond upon Thames - Greater London18£17,428416,5031
Rutland1£13,000520,7861
Scottish Borders3£8,581950,80017
Shropshire19£14,117634,67266
Somerset58£17,146423,351107
South Ayrshire18£10,997739,11019
South Lanarkshire25£15,262420,44755
South Yorkshire118£14,360629,416268
Staffordshire102£16,509419,578170
Stirling11£19,774316,80631
Strabane2£13,968436,333-
Suffolk43£14,654525,34086
Surrey76£11,968838,603117
Sutton - Greater London2£11,945634,8575
Swansea38£15,782422,64893
Tyne and Wear83£14,149628,696124
Waltham Forest - Greater London4£18,897419,5483
Wandsworth - Greater London1£2,9901655,0002
Warwickshire39£20,047418,96564
West Dunbartonshire4£10,522943,1585
West Lothian7£11,890631,76011
West Midlands202£13,272764,475365
West Sussex58£15,887526,115142
West Yorkshire168£14,110631,554292
Wiltshire27£16,865420,412104
Worcestershire48£16,494426,28279
Wrexham39£17,010418,57874
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