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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
All4,778£14,203630,6928,793
Aberdeen City11£15,653418,05453
Aberdeenshire8£21,246418,5547
Angus5£12,035838,7065
Antrim1£6,9951119,0005
Ards2£15,605610,8976
Armagh2£8,675762,0706
Ballymena20£14,605527,20925
Ballymoney2£8,1251049,007-
Banbridge1£15,95033,9114
Barking & Dagenham - Greater London7£9,039864,0077
Barnet - Greater London6£11,409725,96713
Bedfordshire189£15,451526,564124
Belfast39£16,000418,49958
Berkshire89£13,824729,236197
Blaenau Gwent7£12,271532,5635
Brent - Greater London8£10,160842,76810
Bridgend1£10,995749,688-
Bristol49£15,708522,413108
Bromley - Greater London44£17,009417,329111
Buckinghamshire96£14,926528,420114
Caerphilly1£2,79517130,0001
Cambridgeshire118£14,643529,217150
Cardiff33£17,816316,87068
Carmarthenshire14£14,674421,33547
Carrickfergus1£8,195777,3042
Ceredigion21£15,196527,00937
Cheshire59£15,308421,945134
City of Edinburgh57£15,389526,48694
City of London - Greater London147£13,923630,166239
Clackmannanshire1£17,498316,088-
Coleraine4£17,709319,0586
Conwy1£11,9951115,437-
Cookstown11£17,645327,1045
Cornwall7£10,484840,70412
County Durham77£15,317423,612134
Craigavon21£16,295317,73823
Croydon - Greater London46£16,425518,384154
Cumbria24£15,583523,88649
Denbighshire1£16,47959,8921
Derbyshire109£15,962423,819208
Derry10£17,156423,29716
Devon47£15,244524,003126
Dorset31£11,058933,24067
Down4£13,725421,3635
Dumfries and Galloway5£10,056949,02112
Dundee City13£15,593521,35562
Dungannon2£13,420623,8382
Ealing - Greater London41£6,5031250,14155
East Ayrshire5£9,888847,61815
East Dunbartonshire1£16,498315,3565
East Riding of Yorkshire8£10,481842,32118
East Sussex97£15,193625,276167
Enfield - Greater London37£16,329416,76958
Essex107£15,153525,333175
Falkirk28£15,951525,48634
Fife22£16,237423,69027
Flintshire1£11,490734,8322
Glasgow City47£15,558419,73391
Gloucestershire25£15,875525,68973
Greater Manchester287£13,080635,269584
Hampshire103£15,274527,888250
Haringey - Greater London1£11,750737,000-
Harrow - Greater London10£9,116851,6679
Havering - Greater London46£13,584635,37354
Herefordshire22£14,997520,78520
Hertfordshire148£14,981526,306246
Highland4£11,298738,47516
Hillingdon - Greater London28£6,5331171,14150
Hounslow - Greater London30£16,009528,40425
Isle of Anglesey1£4,2951283,6631
Isle of Wight9£17,653412,37420
Kent145£15,286525,579266
Kingston upon Thames - Greater London6£6,8701275,94217
Lancashire145£13,863629,533264
Larne1£34,95024,6003
Leicestershire76£11,946836,902169
Lincolnshire77£15,965524,400154
Lisburn1£15,750422,0001
Magherafelt2£21,723652,7274
Merseyside56£15,382423,14597
Merton - Greater London2£9,095851,00010
Midlothian1£22,99515,500-
Monmouthshire2£8,7471124,9007
Moray4£10,860624,8618
Neath Port Talbot4£9,122940,820-
Newport23£17,194424,01163
Newry and Mourne2£16,376324,1881
Newtownabbey6£13,757729,25831
Norfolk86£15,277527,801150
North Ayrshire1£17,998218,08511
North Down2£12,495733,3065
North Lanarkshire6£15,506540,09320
North Yorkshire90£16,436422,775183
Northamptonshire33£15,539523,53491
Northumberland8£14,948632,96111
Nottinghamshire81£15,190527,436131
Omagh1£10,190770,5123
Oxfordshire24£18,045424,93958
Pembrokeshire9£16,342417,21028
Perth and Kinross20£16,564420,52818
Redbridge - Greater London34£13,535631,51864
Renfrewshire20£16,205521,33034
Rhondda Cynon Taf10£9,9911054,76410
Richmond upon Thames - Greater London16£16,595419,56013
Rutland1£12,750520,7861
Scottish Borders3£11,415827,60720
Shropshire21£13,538634,01461
Somerset68£17,739421,958117
South Ayrshire18£12,375636,21720
South Lanarkshire32£15,675421,13251
South Yorkshire117£14,286530,682266
Staffordshire110£16,018420,235164
Stirling12£17,959319,03332
Strabane2£13,793436,333-
Suffolk40£13,284633,12390
Surrey68£11,465837,329128
Sutton - Greater London2£16,99534,7507
Swansea38£16,642420,35194
The Vale of Glamorgan1£7,995866,885-
Tyne and Wear88£13,629630,430131
Waltham Forest - Greater London5£18,897417,1772
Warwickshire28£18,887421,75473
West Dunbartonshire4£12,272834,5735
West Lothian5£13,628427,57216
West Midlands218£13,519759,470357
West Sussex63£15,972524,495147
West Yorkshire155£13,756633,294320
Wiltshire32£16,331421,45199
Worcestershire52£16,428424,12186
Wrexham41£15,476521,89374
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