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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
All4,615£14,130632,2908,695
Aberdeen City15£13,731531,13251
Aberdeenshire7£23,067418,8959
Angus3£12,245931,3025
Antrim1£7,995774,0004
Ards2£15,855610,8979
Armagh2£8,675762,0705
Ballymena18£15,893424,47726
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London6£9,546962,0098
Barnet - Greater London5£11,973717,54014
Bedfordshire190£15,458526,776133
Belfast30£14,346526,86559
Berkshire96£14,518625,726201
Bexley - Greater London1£4,4951288,0003
Blaenau Gwent7£11,978631,4235
Brent - Greater London6£11,129746,60813
Bridgend1£10,995749,688-
Bristol42£16,743419,499104
Bromley - Greater London45£17,811315,412112
Buckinghamshire81£15,244527,367138
Caerphilly1£2,79517130,0001
Cambridgeshire114£15,127527,373151
Cardiff31£17,868316,98969
Carmarthenshire15£15,486520,87746
Carrickfergus1£8,195777,3042
Ceredigion22£16,605418,83539
Cheshire62£14,574525,729133
City of Edinburgh52£15,752525,19899
City of London - Greater London118£13,522629,311227
Coleraine4£17,308321,2725
Conwy1£11,9951115,4371
Cookstown8£18,664326,6526
Cornwall7£10,589840,70413
County Durham72£15,393525,273132
Craigavon13£15,915416,52723
Croydon - Greater London44£16,088518,122142
Cumbria23£14,479629,77846
Denbighshire2£14,729515,480-
Derbyshire102£15,806525,430213
Derry6£19,224419,82915
Devon61£15,064527,301116
Dorset38£11,564831,09359
Down5£12,479532,3234
Dumfries and Galloway6£11,796841,3948
Dundee City12£14,877523,09762
Dungannon4£14,330635,558-
Ealing - Greater London42£6,6541246,68750
East Ayrshire6£8,740954,39114
East Riding of Yorkshire10£10,395842,44016
East Sussex92£14,879627,205159
Enfield - Greater London30£16,006416,50458
Essex101£15,765524,338184
Falkirk30£15,951524,76630
Fife19£16,519424,88030
Flintshire1£11,490734,8322
Glasgow City47£15,961419,99487
Gloucestershire25£15,942427,19477
Greater Manchester265£12,833637,111598
Gwynedd1£18,495212,500-
Hampshire111£14,966529,718234
Haringey - Greater London1£11,750737,000-
Harrow - Greater London8£9,639749,85613
Havering - Greater London46£14,172632,48753
Herefordshire20£15,596519,24421
Hertfordshire119£15,364526,454245
Highland3£9,131848,53919
Hillingdon - Greater London27£7,0311166,15659
Hounslow - Greater London27£15,190630,0596
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£18,431413,15127
Kent140£15,612525,196263
Kingston upon Thames - Greater London7£6,8961173,42915
Lancashire148£13,884628,332282
Larne1£34,95024,6003
Leicestershire73£11,946838,553167
Lincolnshire79£16,198525,572141
Lisburn1£15,995422,0002
Magherafelt2£21,723652,7275
Merseyside52£14,833523,435100
Merton - Greater London3£7,088981,22710
Midlothian1£22,99515,500-
Monmouthshire3£8,0301059,6674
Moray9£11,624420,8343
Neath Port Talbot3£7,6631042,579-
Newport22£17,058425,58162
Newry and Mourne2£16,626324,1881
Newtownabbey7£13,349735,58928
Norfolk83£15,882522,953175
North Ayrshire2£13,497618,54312
North Down2£16,80038,9195
North Lanarkshire5£16,218535,18119
North Yorkshire99£16,015423,464172
Northamptonshire32£16,617420,25985
Northumberland7£15,183729,99012
Nottinghamshire78£14,822529,741131
Omagh4£10,932651,9271
Oxfordshire25£18,100323,82651
Pembrokeshire10£16,855413,29227
Perth and Kinross17£17,445421,13521
Redbridge - Greater London28£14,186631,46963
Renfrewshire20£15,705526,04733
Rhondda Cynon Taf10£8,9201161,9649
Richmond upon Thames - Greater London18£17,428416,5031
Rutland1£13,000520,7861
Scottish Borders3£8,581950,80016
Shropshire20£13,886634,65366
Somerset60£17,204423,088106
South Ayrshire18£10,997739,11019
South Lanarkshire28£15,497420,12253
South Yorkshire120£14,430629,271265
Staffordshire106£16,528420,223165
Stirling12£19,734316,24331
Strabane2£13,968436,333-
Suffolk43£14,888523,97483
Surrey72£11,910837,721118
Sutton - Greater London2£11,945634,8575
Swansea37£15,810423,03793
Tyne and Wear82£14,323527,841123
Waltham Forest - Greater London5£20,577417,9561
Wandsworth - Greater London1£2,9901655,0002
Warwickshire37£20,660317,45766
West Dunbartonshire4£10,522943,1584
West Lothian6£13,122525,20012
West Midlands197£13,155765,684372
West Sussex62£16,303525,124144
West Yorkshire168£14,029631,807291
Wiltshire26£16,844420,688104
Worcestershire46£16,792425,87180
Wrexham38£16,960418,83874
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