Toyota Car Finance Deals

Affordable Monthly Payments
Get approved in 60 seconds
Freedom to Choose Different Types of Vehicles
Fixed Interest Rates
Completing a search doesn't affect credit score
Flexible Terms

Get Quotes

4/5

4.7/5

4000+ reviews

Toyota makes cars that are known to be reliable, efficient, and stylish. They offer many choices for different drivers. If you want a small car, you can pick the Toyota Aygo. For a hybrid model, there is the Toyota Yaris. If you need more space, the Toyota RAV4 is a great SUV. You can drive away with a new or used Toyota thanks to flexible finance options. These options include Personal Contract Purchase (PCP), Hire Purchase (HP), and Personal Contract Hire (PCH). They help make your monthly payments easy to handle.

Key Facts

In 2022, Toyota sold over 100,000 cars in the UK. It remained one of the most trusted brands in the country.
More than 65% of Toyota sales in the UK are paid for with PCP and HP. This shows that flexible payment options are very popular.
The Toyota Aygo, Toyota Yaris, and Toyota RAV4 are still some of the top models for UK buyers.

Popular Toyota Models on Finance

Toyota Aygo

The Toyota Aygo is a small car designed for driving in the city. Its small size and good gas mileage make it a popular choice for young drivers. It is useful and can help save money on fuel.

PCP finance: The Aygo has lower monthly payments and flexible options. This is a great choice for many people. When your finance agreement ends, you can return the car, pay an early settlement amount, or upgrade to your next car following the manufacturer’s guidelines.

HP finance: If you want to own the car, Hire Purchase (HP) works well. It lets you pay fixed monthly payments. Once the agreement is finished, the car belongs to you, and you don’t need to stress about depreciation risk.

Toyota Yaris

The Toyota Yaris is perfect for drivers who want to help the environment. It uses hybrid technology, which means it saves fuel. With its stylish design and smart features, it is a great choice for city driving or long trips.

PCP deals: With PCP deals, you can drive the Yaris and enjoy flexible monthly payments. You won’t face high upfront costs. At the end of the agreement, you can either make the final payment to keep the car or return it. This makes it easy to upgrade. If needed, you can also pay off the car early based on the terms set by the finance company.

HP finance: HP finance lets you own the car after making fixed payments. There are no limits on miles driven. This is great for those who drive a lot and want peace of mind while following the manufacturer’s guidelines.

Toyota RAV4

The Toyota RAV4 is a smart pick for families or anyone who needs extra room. This well-liked SUV has a big inside, up-to-date tech, and provides several ways to pay, like PCP and HP.

PCP finance: The RAV4 can lower your monthly payments during the agreement. At the end, you can trade in the vehicle for your next car, or you can fully own it. PCP has a low risk of losing value. The start of your finance agreement is tailored to your needs. This makes it easier to keep track of costs.

HP finance: If you want to own the car without worrying about mileage limits, HP is a simple way to finance your Toyota RAV4. You will have fixed monthly payments and will own the car completely at the end. This option is great for long-term driving.

Each Toyota finance agreement suits your budget and your driving habits. You will get a good deal for your car model, whether it’s the Toyota Aygo, Yaris, or RAV4. You can use Toyota’s finance options for a convenient way to manage your vehicle purchase while following the manufacturer’s guidelines.

Toyota PCP Finance Deals

Personal Contract Purchase (PCP) is a popular option for financing a Toyota. With this finance agreement, you are only paying for the car's drop in value while you have it. This makes your monthly payments lower.

At the end of your agreement, you can return the car, pay the guaranteed future value (GFV) to keep it, or trade it in for a new car.
The Toyota Aygo and Toyota Yaris are popular options for PCP. They have good resale value and low running costs.
PCP allows drivers to upgrade to a new car every few years. This means you do not have to own the car from the start.

Compare Zero deposit car finance

Zero deposit car finance is an appealing option for individuals looking to acquire a new vehicle without paying an upfront amount.

Compare Now

Toyota HP Finance Deals

Hire Purchase (HP) is a simple way to get financing. You start by paying a deposit. Then, you make monthly payments for a fixed period. When you complete all the payments, the car is yours.

HP finance is good for drivers. It helps them own their car fully. They do not need to stress about mileage limits or what happens when the contract is over.
The Toyota RAV4 and Toyota Yaris are popular choices for HP finance. They allow owners to pay over time and enjoy owning the car for a long time.

Flexible Finance Options for Bad Credit

You can still find finance options with Toyota, even if your credit is not good. Toyota Financial Services and special lenders offer flexible finance deals for customers with low credit scores.

You can find a finance plan that fits your budget. You can choose either PCP or HP. This allows you to drive a new or used Toyota with monthly payments that are simple to handle.

Understanding Toyota Finance Agreements

Toyota's finance agreements are designed to be straightforward and easy to read. They comply with the rules for regulated finance agreements under consumer credit guidelines.

In a PCP deal, people often set limits on how many miles they can drive each year. If they go over this limit, extra fees will be charged.
HP finance has no mileage limits, making it a good option for those who drive a lot.
With early settlement options, you can pay off your finance early. This can help reduce the total interest you need to pay.

Toyota Finance Calculator

Use the Toyota finance calculator to figure out your monthly payments. You can add details like the value of the car, the APR, deposit ranges, and how long the contract is. This tool helps you create a finance agreement that works for your budget and helps you get a good deal.

Refinance Car Loan: Lower Your Rates Today

Refinancing can save you money in the long run and allow you to adjust the loan term to fit your current financial situation.

Compare Now

What Do I Need to Get Toyota Car Finance?

To qualify for Toyota car finance, you’ll need:

Proof of Identity: A real passport or driving license.
Proof of Address: Recent utility bills or bank statements.
Proof of Income: Payslips or bank statements that show you can handle the monthly payments.
Employment Details: Information about your job to confirm your financial stability.
Credit History: Your credit score affects the finance terms like the APR and deposit requirements.
UK Residency: Proof that you have lived in the UK for a minimum of three years.
Driving License: A valid provisional or full driving license.

FAQs About Toyota Car Finance

Yes, Toyota finance agreements allow you to settle early. You can pay what you owe before the contract ends. However, some agreements may have a fee for early settlement.

At the end of a PCP agreement, you have three options. You can return the car. You can make the final payment to fully own it. Or you can trade it in for a new Toyota model.

Car Finance Options for Popular Car Makes

More on Car Finance

Page last updated on: 22/10/2024

Page reviewed by: Andrea Troy