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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.

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
All5,335£16,643650,18710,374
Aberdeen City43£22,572422,15383
Aberdeenshire20£23,670526,90229
Angus4£19,046649,2897
Antrim14£15,683650,68328
Ards5£10,706959,5697
Armagh6£13,306764,1832
Ballymena9£16,047650,12910
Ballymoney7£15,159765,47011
Banbridge2£11,198981,5001
Barking & Dagenham - Greater London3£8,3781173,28010
Barnet - Greater London5£17,834537,1116
Bedfordshire133£13,649863,399216
Belfast34£19,211540,80781
Berkshire74£13,936960,195132
Blaenau Gwent12£11,997871,0836
Brent - Greater London10£15,1731157,17810
Bristol110£15,428751,170168
Bromley - Greater London45£22,223323,65563
Buckinghamshire86£16,018757,905165
Cambridgeshire162£15,148759,707290
Cardiff33£25,505324,90066
Carmarthenshire4£14,245651,8654
Carrickfergus11£17,190651,99114
Ceredigion4£13,870764,6627
Cheshire184£17,656651,152376
City of Edinburgh55£18,864641,13897
City of London - Greater London48£14,721752,61678
Clackmannanshire1£24,998320,1693
Coleraine15£12,224971,14833
Conwy3£11,4281061,8628
Cookstown4£16,370649,7463
Cornwall23£18,410747,37639
County Durham73£16,634652,131192
Craigavon18£25,284322,40936
Croydon - Greater London30£23,007423,52933
Cumbria15£16,547649,11538
Derbyshire207£18,072641,004452
Derry3£15,228787,3523
Devon66£15,071758,829167
Dorset29£17,411644,53251
Down2£20,145651,4831
Dumfries and Galloway6£21,797424,35123
Dundee City36£20,070531,38051
Dungannon8£14,594762,5555
Ealing - Greater London7£6,8881283,37218
East Ayrshire6£11,916768,4799
East Riding of Yorkshire17£16,640647,95827
East Sussex59£17,058853,55170
Enfield - Greater London18£17,821636,94053
Essex129£16,379752,925231
Falkirk9£13,688852,56223
Fermanagh6£21,578443,5593
Fife27£17,797749,70862
Flintshire31£17,799868,3786
Glasgow City79£19,639536,853233
Gloucestershire56£18,867540,45393
Greater Manchester383£15,110755,540686
Greenwich - Greater London12£24,488215,98410
Gwynedd1£19,950343,6503
Hampshire113£19,102639,769307
Harrow - Greater London10£15,276749,34812
Havering - Greater London53£15,371756,962112
Herefordshire12£21,680432,84332
Hertfordshire139£18,495644,157220
Highland13£21,843432,21837
Hillingdon - Greater London52£13,576854,94577
Hounslow - Greater London14£22,059422,93430
Inverclyde4£8,8721064,1495
Isle of Anglesey1£18,945449,9781
Isle of Wight6£6,1121476,2284
Kent85£14,701747,736166
Kingston upon Thames - Greater London44£24,674319,45561
Lancashire196£15,929754,030368
Larne6£13,063873,814-
Leicestershire124£19,961543,205179
Limavady2£16,995549,5001
Lincolnshire85£18,183542,061241
Magherafelt2£13,723864,5565
Merseyside74£16,736650,105164
Merthyr Tydfil8£13,749762,09413
Merton - Greater London1£10,995794,9143
Midlothian1£9,270868,0002
Monmouthshire3£17,995747,0009
Newham - Greater London1£10,4955123,0001
Newport3£12,448766,25214
Newry and Mourne8£20,338539,3399
Newtownabbey7£15,249647,09212
Norfolk90£17,630640,222158
North Ayrshire15£15,691646,66855
North Down6£15,588654,5166
North Lanarkshire20£12,982851,91054
North Yorkshire61£18,783544,673181
Northamptonshire46£17,736647,400127
Northumberland6£14,746745,04414
Nottinghamshire86£16,310748,305169
Omagh7£20,421447,8385
Oxfordshire22£21,194425,31946
Pembrokeshire1£17,295532,8642
Perth and Kinross17£18,052547,40327
Redbridge - Greater London5£10,287791,3546
Renfrewshire18£18,348534,38946
Rhondda Cynon Taf13£10,496871,71216
Rutland1£9,7501167,3521
Scottish Borders5£17,749441,67110
Shropshire39£19,905545,40074
Somerset44£15,589652,91985
South Ayrshire11£20,071423,73618
South Lanarkshire10£19,921532,50433
South Yorkshire161£15,905655,988328
Staffordshire110£17,986537,142257
Stirling16£23,264422,60747
Strabane4£18,868560,5607
Suffolk46£16,573647,16088
Surrey139£16,726747,392212
Swansea10£18,730537,28631
The Vale of Glamorgan1£7,750992,0872
Torfaen1£13,990845,000-
Tower Hamlets - Greater London1£11,995425,000-
Tyne and Wear71£15,812651,931173
Warwickshire27£22,695332,88064
West Dunbartonshire3£15,230750,5925
West Lothian14£9,721976,93315
West Midlands237£15,709756,763521
West Sussex49£18,978639,73197
West Yorkshire202£18,103647,839407
Wiltshire104£20,751538,371192
Worcestershire47£19,104646,99978
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