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Used BMW 1 Series on Finance

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

5,958 cars

Rates from 9.9% APR. A Representative HP Example: borrowing £10,000 over 60 Months with a representative of 16.35% APR, an annual interest rate of 16.35% (fixed) and a deposit of £0.00, the amount payable would be 59 repayments of £239.16 per month, with one final repayment of £249.16 (which includes the option to purchase fee of £10.00), with a total cost of credit of £4,349.41 and a total amount payable of £14,359.41.

Getting a BMW 1 Series on finance

Navigating through the process of getting aused BMW 1 Series on finance can be made smoother with a well-structured plan and understanding of available options. The 1 Series is widely recognized for its blend of sportiness and practicality, making it a popular choice among drivers. Below is a guide that explores key considerations and steps when getting a used BMW 1 Series on finance.

Getting Started:

1. Establish a Budget:

  • Calculate how much you can afford for monthly payments, insurance, and maintenance.

2. Check Your Credit Score:

  • A higher credit score generally offers access to better financing rates and terms.

3. Selecting a Model:

  • Identify the model, age, and condition of the 1 Series that aligns with your needs and budget.

4. Vehicle Assessment:

  • Ensure a detailed inspection and verification of the car’s history and condition.
  • Consider involving a professional mechanic for inspection.

Financing Options:

1. Personal Loan:

  • Borrow from a bank or lender, purchase the car outright and repay the loan in instalments.

2. Hire Purchase (HP):

  • Make an initial deposit and pay the rest in monthly instalments. Ownership transfers to you after the last payment.

3. Personal Contract Purchase (PCP):

  • Pay lower monthly instalments and decide at the contract end whether to return, buy, or exchange the car.

4. Lease Purchase:

  • Similar to PCP but you’re obligated to buy the car at the end of the agreement.

5. Dealership Finance:

  • Obtain financing directly through the dealership. Ensure to compare these deals with external finance options.

6. Peer-to-Peer Lending (P2P):

  • Secure funds directly from individual lenders using online platforms, ensuring to comprehend all terms and confirm the platform's legitimacy.

Buying Procedure:

1. Choose a Reliable Seller:

  • Ensure they provide thorough vehicle history and are transparent in dealings.

2. Price Negotiation:

  • Engage in discussions regarding pricing, ensuring all costs are transparent.

3. Test Drive:

  • Never skip the test drive to assess the vehicle’s performance and condition.

4. Opt for a Financing Plan:

  • Ensure the terms are clear, and that the plan is financially viable for you.

5. Acquire Insurance:

  • Finalize insurance before taking ownership of the car.

6. Paperwork:

  • Complete all necessary documents accurately and keep copies for your records.

Additional Considerations:

  • Depreciation: The car’s value will depreciate over time; consider this in your investment.

  • Warranty: Evaluate if there’s an existing warranty or the possibility of purchasing an extended warranty.

  • Total Payable Amount: Be aware of the total amount payable over the duration of the finance term.

  • Final Payments: If you opt for PCP, be prepared for the balloon payment if you wish to retain the car.

In Summary:

Embarking on the journey to finance a used BMW 1 Series requires thorough research, careful evaluation of finances, and a comprehensive understanding of available finance options. Engage with financial advisors or utilize online resources to fortify your knowledge and decision-making capability, ensuring a satisfactory purchase and ownership experience.

About the BMW 1 Series

When one thinks of luxury compact cars that resonate with agility and sophistication, BMW's 1 Series often springs to mind. First launched in 2004, the 1 Series entered a market dominated by mainstream hatchbacks, introducing the concept of a premium compact to many drivers.

Diverse Generations:

Over the years, the 1 Series has evolved through various iterations, with each generation reflecting the shifting priorities and tastes of drivers. Whether it was the rear-wheel-drive dynamics of the earlier models or the more space-efficient front-wheel-drive layout of the latest versions, the 1 Series always prioritised driver engagement and luxury.

Interiors and Technology:

Step inside, and the cabin exudes a sense of quality, seamlessly integrating the latest infotainment and driver-assistance systems. BMW's commitment to blending sportiness with luxury is evident in the fine materials, ergonomics, and the driver-centric layout that the brand is renowned for.

Rivals in the Spotlight:

In the luxury compact segment, the 1 Series competes with the likes of the Audi A3, Mercedes-Benz A-Class, and the Volkswagen Golf. While each brings its set of virtues to the table, BMW's offering has carved a niche for itself with its unique driving dynamics and undying focus on the driving experience.

Financing Your Dream:

BMW appreciates that driving a luxury hatchback is a dream for many. To simplify this journey, they offer an array of tailored finance options. This means whether you're setting sights on a brand-new model or considering a certified pre-owned 1 Series, BMW ensures the financial aspects are as smooth as the drive itself.

A Look Ahead:

The 1 Series has played a pivotal role in reshaping our understanding of what a compact car can be. With electric and hybrid models on the horizon, the 1 Series is set to not just adapt to the changing automotive landscape but to continue leading in its segment.

Conclusion:

Representing more than just a car, the BMW 1 Series embodies a fusion of luxury, performance, and innovation. For those who believe that journeys are as important as destinations, this hatchback offers a delightful, premium experience.

Buying Guide

Want to find out everything about all 1 Series models, pros and cons, what to look out for and everything else you need to know? Check out our BMW 1 Series buying guide here.

BMW 1 Series Data by County

BMW 1 Series data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All5,792£16,915648,73611,513
Aberdeenshire55£23,860323,238123
Angus42£20,355536,25185
Ayrshire49£22,623325,55487
Bedfordshire159£13,772865,643211
Berkshire71£17,643745,505195
Blaenau Gwent11£9,912754,43115
Borders3£21,096441,5497
Bridgend9£13,884660,90819
Bristol102£13,769859,430168
Buckinghamshire91£18,032649,978161
Caerphilly12£8,5351088,1169
Cambridgeshire181£15,187758,230268
Cardiff42£18,137541,888113
Carmarthenshire3£20,325431,2899
Cheshire141£18,358549,419391
Conwy18£19,436556,07931
Cornwall23£19,845534,97631
County Antrim89£19,293440,438166
County Armagh57£19,912442,24760
County Down14£12,823862,83437
County Durham99£16,701651,584193
County Fermanagh7£18,821453,9597
County Londonderry39£13,816665,81637
County Tyrone25£17,968551,73920
Cumbria13£18,865536,62248
Derbyshire181£18,156644,245470
Devon102£18,053646,046164
Dorset30£19,016539,41374
Dumfries & Galloway5£16,497533,04510
Dunbartonshire2£21,748531,8367
East Riding of Yorkshire33£19,730434,12996
East Sussex63£16,439856,18493
Essex147£16,534648,170248
Falkirk6£17,776549,41136
Fife25£22,909431,24385
Flintshire21£11,3631162,63917
Gloucestershire68£18,724441,69288
Greater London386£17,481641,841709
Greater Manchester368£16,498651,762688
Gwynedd1£7,50010104,7914
Hampshire121£17,882643,084281
Herefordshire19£18,159538,25926
Hertfordshire140£17,190645,342343
Highland24£21,335434,87249
Inverclyde1£17,995434,432-
Isle of Anglesey1£3,99511109,3002
Isle of Wight2£11,8451067,0636
Kent111£17,775538,907221
Lanarkshire138£21,220431,704282
Lancashire219£15,024752,994395
Leicestershire84£17,960648,521213
Lincolnshire113£18,460538,752217
Merseyside111£15,449651,092166
Merthyr Tydfil9£12,879770,3366
Midlothian35£21,443426,388138
Monmouthshire5£6,3161295,99611
Moray5£23,336330,7057
Neath Port Talbot4£14,974743,0004
Newport49£17,463649,094120
Norfolk95£17,998644,058138
North Yorkshire77£19,934538,279180
Northamptonshire43£19,058541,561122
Northumberland10£15,733645,95821
Nottinghamshire95£16,946647,461218
Oxfordshire26£18,551537,39746
Pembrokeshire4£6,48611111,4407
Perth & Kinross8£13,454756,76927
Powys2£20,740543,5252
Renfrewshire21£19,629332,43950
Rhondda Cynon Taf10£10,565862,25119
Shropshire39£19,335544,82684
Somerset47£19,220435,46683
South Yorkshire153£16,785653,435324
Staffordshire139£17,356544,929273
Stirling23£22,718322,10262
Suffolk53£17,165643,596122
Surrey162£16,853745,107256
Swansea25£19,872431,16267
Torfaen2£6,1981285,6157
Tyne and Wear106£17,041646,799209
Vale of Glamorgan3£14,243972,3169
Warwickshire34£18,263544,04870
West Lothian17£13,095766,00037
West Midlands234£15,700655,016499
West Sussex40£20,836429,53096
West Yorkshire205£17,652648,813448
Wiltshire101£18,874540,857191
Worcestershire33£20,058535,94573
Wrexham1£12,995836,7806
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