2001 Toyota Yaris 1.0L Petrol · LM51 AEF

The 998 cc petrol engine typically delivers around 50 mpg in mixed driving, making fuel costs modest – roughly £600‑£750 per year based on current UK fuel prices. Because of its low CO₂ emissions, the vehicle falls into the lowest road‑tax band (Band A), costing about £150 annually. Insurance groups for early‑generation Yaris models usually sit in the low‑mid range (group 12‑14), translating to an annual premium of £500‑£650 for a typical driver. Routine maintenance on a 1‑litre Toyota is inexpensive, but budgeting £150‑£200 for periodic items such as tyre replacement and brake servicing is prudent.

Putting these figures together, the estimated annual running cost sits between £1,400 and £1,750, with fuel and tax forming the bulk of the expense and maintenance adding a modest but necessary buffer.

Focus first on the braking system – the 2015 MOT failure noted a rear brake component with restricted movement and binding. Inspect the rear brake pads, discs, and calipers for wear, rust, or seized pistons, and verify that the brake fluid has been changed recently. Any lingering issues could lead to costly repairs or safety concerns.

Next, examine all four tyres closely. The MOT records from 2018 and 2015 flagged cracked sidewalls and perished rear tyres, while the 2019 advisory mentioned front tyre damage. Look for signs of dry rot, uneven tread wear, or bulges, and confirm the tyre size and load rating match the manufacturer's specifications. Replacing a full set of tyres on a 2001 Yaris can run £300‑£400, so factor this into your budget.

Finally, check the headlamps and exhaust. The 2025 advisory about a product on the headlamp lens suggests possible clouding that can reduce illumination; ensure the lenses are clean or consider replacement bulbs. The repeated advisories about exhaust corrosion and minor leaks (2015) warrant a visual inspection for rusted pipes or loose clamps, as unresolved exhaust issues can affect performance and emissions.