Toyota Yaris 2024 Price Guide: What to Expect in the UK Market

As we gear up for the arrival of the 2024 Toyota Yaris, excitement is building among car enthusiasts and potential buyers alike.

The Yaris has long been a staple in the UK market, known for its reliability, efficiency, and compact design.

But what can we expect in terms of pricing for the new model?

In this guide, we’ll break down everything you need to know about the 2024 Toyota Yaris, including its pricing structure, comparisons with competitors, financing options, and more.

 

Overview of the 2024 Toyota Yaris

The 2024 Toyota Yaris is set to impress with its refreshed design and updated features.

This new model aims to maintain the brand’s reputation for producing economical, reliable vehicles while adding a touch of modern flair.

Key highlights include an upgraded infotainment system, enhanced safety features, and improved fuel efficiency.

One of the standout features is the introduction of the hybrid variant, appealing to eco-conscious drivers looking for an efficient urban runabout.

The Yaris continues to cater to a broad audience, from city dwellers to small families, making it a versatile choice in the supermini segment.

Pricing Structure for the 2024 Toyota Yaris

So, what can you expect to pay for the 2024 Yaris?

While final prices are yet to be confirmed, early estimates suggest a competitive pricing structure.

• Base Model: Anticipated to start around £20,000.

This entry-level variant will come with essential features, making it an attractive option for first-time buyers or those looking for a reliable city car.

• Mid-Range Variants: Prices are likely to range from £22,000 to £25,000.

These models will offer a better mix of features, such as upgraded infotainment systems, additional safety tech, and possibly a more powerful engine option.

• Top-End Models: For those wanting luxury features and advanced technology, expect prices to peak around £28,000.

These models may include premium interior materials, advanced driver assistance systems, and other high-end features.

Factors influencing the pricing include engine options, the inclusion of Toyota’s latest technology, and overall market trends.

Compared to the previous model, which started at around £19,500, the 2024 Yaris seems to reflect a modest increase in price, likely due to enhanced features and inflation.

For those interested in negotiations, check out our page on how much a dealership will come down on price on a new car in the UK.

How the 2024 Yaris Compares with Competitors

The Toyota Yaris competes with several popular models in the UK, including the Ford Fiesta, Volkswagen Polo, and Hyundai i20.

When we look at the pricing:

• Ford Fiesta: Starts at around £20,500, making it slightly more expensive than the base Yaris but offering a sportier drive.
• Volkswagen Polo: Begins at approximately £21,000, known for its premium feel and solid build quality, appealing to those looking for a more upscale supermini experience.
• Hyundai i20: Prices start similarly to the Yaris but can rise significantly with higher trims.

The Yaris holds its ground by offering excellent fuel economy and reliability, backed by Toyota’s solid reputation.

Its unique selling point lies in the hybrid option, which sets it apart from many competitors, especially in urban environments where efficiency is key.

Financing Options for the 2024 Toyota Yaris

When considering a new car, financing options are crucial.

The Toyota Yaris is expected to offer a variety of financing plans to suit different budgets:

• Personal Contract Purchase (PCP): This is a popular option where you pay a deposit followed by fixed monthly payments.

At the end of the term, you can choose to make a final payment to own the car or return it.

This allows for flexibility and the chance to drive a new car every few years.

• Leasing: If you prefer to drive without the commitment of ownership, leasing could be an attractive option.

Monthly payments are typically lower than with PCP, making it a great choice for those who like to change cars frequently.

• Loans: Traditional car loans are another avenue, allowing you to buy the Yaris outright.

While this may require a larger upfront payment, it could save you money in the long run, especially if you plan to keep the car for several years.

If you’re looking for comprehensive guidance on financing, check out our page on how to pay for a car at a dealership.

Resale Value and Depreciation

One of the most significant considerations for buyers is resale value.

Toyota vehicles generally retain their value well, and the 2024 Yaris is expected to follow this trend.

The average depreciation for new cars can be around 20% to 30% in the first year, but Toyotas often perform better than the market average.

Factors that can influence the resale value include mileage, condition, and the car’s service history.

To maximise your resale value, ensure regular maintenance and consider keeping the car in good condition.

Additional Costs to Consider

While the initial purchase price is vital, it’s equally important to factor in ongoing costs.

Here are a few to consider:

• Insurance: The Yaris is generally affordable to insure, making it a popular choice among younger drivers.

The average insurance premium for the Yaris tends to be competitive within its segment.

If you’re interested in insurance details, check out our page on what insurance group the Toyota Yaris hybrid falls into.

• Maintenance and Servicing: Toyota’s reputation for reliability means that maintenance costs are typically lower compared to competitors.

Regular servicing is essential to keep the vehicle in top condition, and Toyota often offers service packages to make this more affordable.

If you want to know more about servicing, check out our page on how long it takes to service a car at a dealership.

• Fuel Efficiency: The Yaris is known for its excellent fuel economy, especially the hybrid model.

This can lead to significant savings on fuel over time, particularly for those who frequently drive in the city.

Customer Reviews and Expectations

As we look forward to the 2024 Yaris, early reviews and expectations are already shaping up.

Many drivers appreciate the practicality, comfort, and reliability that Toyota delivers.

The hybrid model is particularly appealing to eco-conscious consumers who value sustainability without sacrificing performance.

In discussions, customers have highlighted their loyalty to the Toyota brand, often citing the peace of mind that comes with the reliability of their vehicles.

The Yaris’s compact size also makes it an ideal choice for urban living, where parking and manoeuvrability are essential.

Conclusion

The 2024 Toyota Yaris promises to be a strong contender in the UK supermini market, with competitive pricing and a host of features designed to appeal to a wide range of buyers.

With its combination of affordability, reliability, and innovative technology, the Yaris is set to maintain its reputation as a top choice for drivers looking for a practical yet stylish vehicle.

As we await its release, potential buyers should keep an eye on the official pricing announcements and consider their options for financing.

Whether you opt for the base model or the high-end variant, the 2024 Yaris is shaping up to be a smart investment for the discerning car buyer.

FAQs

What is the starting price for the 2024 Toyota Yaris in the UK?

The starting price for the 2024 Toyota Yaris is expected to be around £20,000.

How does the 2024 Yaris perform compared to earlier models?

The 2024 Yaris boasts improved features, including a better infotainment system and enhanced fuel efficiency, making it a more attractive option than earlier models.

What are the best financing options available for the 2024 Yaris?

Popular financing options include Personal Contract Purchase (PCP), leasing, and traditional loans, each offering flexibility based on your financial preferences.

How does the Yaris’s resale value hold up over time?

The Yaris typically retains its value well, often outperforming the average depreciation rate for vehicles in its class.

Are you looking to buy a new used car? Contact us today and we can help you!