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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
All5,182£16,516650,90110,734
Aberdeen City40£22,562422,63890
Aberdeenshire19£22,774527,77432
Angus4£23,795538,0017
Antrim13£15,936656,79628
Ards5£11,735948,4719
Armagh7£13,476764,2683
Ballymena8£14,860854,51611
Ballymoney7£15,445665,38312
Banbridge1£9,995996,0002
Barking & Dagenham - Greater London4£10,1601066,29611
Barnet - Greater London3£18,477536,7336
Bedfordshire136£13,453864,544230
Belfast35£20,833435,52090
Berkshire79£13,909959,166138
Blaenau Gwent14£12,798767,9326
Brent - Greater London9£15,4581157,19811
Bristol117£14,830852,290165
Bromley - Greater London11£15,471754,51313
Buckinghamshire87£15,342759,255167
Cambridgeshire160£15,008760,426296
Cardiff4£24,763536,81213
Carmarthenshire2£13,495764,5946
Carrickfergus9£15,682555,50614
Ceredigion5£15,495656,2497
Cheshire173£17,649650,173404
City of Edinburgh40£17,731747,95895
City of London - Greater London29£13,805758,21945
Clackmannanshire1£24,998320,1693
Coleraine16£13,047867,46332
Conwy4£10,8701059,8977
Cookstown3£15,328649,9944
Cornwall23£18,647643,80740
County Durham75£16,771650,469203
Craigavon19£24,903322,77738
Croydon - Greater London27£23,078424,95639
Cumbria14£17,244645,02440
Derbyshire208£17,958642,300461
Derry3£14,880787,3523
Devon63£14,664858,532176
Dorset37£18,493639,65248
Down2£19,773651,4831
Dumfries and Galloway9£21,097425,27022
Dundee City38£19,361533,83056
Dungannon6£15,103653,5868
Ealing - Greater London7£8,9741079,91614
East Ayrshire6£11,914767,21110
East Riding of Yorkshire11£15,530655,03129
East Sussex63£18,641746,49973
Enfield - Greater London16£17,129639,38652
Essex123£15,714755,475246
Falkirk9£11,135857,97524
Fermanagh6£20,478348,0694
Fife33£17,698746,97162
Flintshire32£17,789868,1566
Glasgow City80£20,330535,510240
Gloucestershire51£18,610541,843103
Greater Manchester371£14,877755,527723
Gwynedd1£19,950343,6503
Hampshire119£18,945640,388277
Harrow - Greater London9£15,956646,79213
Havering - Greater London69£15,143754,012138
Herefordshire13£21,332433,10533
Hertfordshire127£18,501641,810249
Highland11£24,307324,02042
Hillingdon - Greater London52£12,986856,42579
Hounslow - Greater London15£22,145424,29529
Inverclyde5£10,197955,3783
Isle of Anglesey1£18,945449,978-
Isle of Wight6£6,0281476,2283
Kent88£14,838750,697177
Kingston upon Thames - Greater London44£24,226319,08963
Lancashire187£16,100751,394399
Larne4£8,60911100,2212
Leicestershire114£18,958542,771205
Limavady2£16,995549,5001
Lincolnshire99£18,144541,267253
Magherafelt3£11,980869,6705
Merseyside82£16,837650,428170
Merthyr Tydfil7£13,927762,59414
Merton - Greater London2£9,245687,9573
Midlothian1£9,270868,0001
Monmouthshire3£17,995747,0009
Newham - Greater London3£6,11611113,6302
Newport4£12,411964,59314
Newry and Mourne11£19,511543,5969
Newtownabbey7£17,671539,57414
Norfolk81£17,165640,998172
North Ayrshire19£18,992538,63158
North Down4£11,945766,6528
North Lanarkshire21£13,700747,29351
North Yorkshire62£17,770646,168179
Northamptonshire41£18,006550,447134
Northumberland7£15,083850,27216
Nottinghamshire84£16,806648,429179
Omagh6£19,800553,3116
Oxfordshire21£20,814426,62348
Perth and Kinross12£18,508547,53732
Redbridge - Greater London4£11,809869,9187
Renfrewshire21£19,203428,49149
Rhondda Cynon Taf12£9,872972,92516
Rutland1£9,0001167,3521
Scottish Borders5£20,049436,25411
Shropshire38£21,457544,67878
Somerset52£15,652752,32093
South Ayrshire13£18,559532,38420
South Lanarkshire12£19,275531,78238
South Yorkshire145£15,796656,906364
Staffordshire112£17,665639,184267
Stirling21£23,367423,68647
Strabane2£20,490461,9819
Suffolk48£15,025755,44493
Surrey119£16,149749,495218
Swansea3£12,099856,1287
Torfaen1£13,990845,000-
Tyne and Wear72£15,963653,755180
Warwickshire29£21,527438,53168
West Dunbartonshire3£15,327750,5925
West Lothian12£10,192973,04217
West Midlands230£15,646756,646548
West Sussex56£20,208635,684103
West Yorkshire192£17,176649,217448
Wiltshire108£20,621539,890196
Worcestershire47£19,576643,72180
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