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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
All5,511£16,970649,24511,608
Aberdeenshire60£23,418420,213121
Angus38£21,848430,94890
Ayrshire51£21,134330,43485
Bedfordshire122£13,836868,299232
Berkshire74£18,301745,887203
Blaenau Gwent13£14,240651,01916
Borders3£21,263439,7198
Bridgend8£13,339773,46518
Bristol104£15,172754,109171
Buckinghamshire86£19,251649,008166
Caerphilly9£8,1731093,0689
Cambridgeshire167£16,060755,493266
Cardiff46£19,665539,062111
Carmarthenshire2£17,493453,8168
Ceredigion1£17,995634,9232
Cheshire135£19,162550,810393
Conwy17£17,006656,30731
Cornwall16£22,492427,23746
County Antrim76£17,859548,816173
County Armagh47£22,140438,08750
County Down18£12,525862,11333
County Durham79£14,669757,816187
County Fermanagh6£18,477459,2139
County Londonderry30£14,737665,99037
County Tyrone26£16,924656,64126
Cumbria13£18,623540,04742
Derbyshire190£18,143643,995460
Devon82£16,246652,444155
Dorset39£21,559426,88259
Dumfries & Galloway6£21,397319,16311
Dunbartonshire5£20,758324,9255
East Lothian1£8,74510103,000-
East Riding of Yorkshire39£20,089434,998104
East Sussex59£16,434855,17192
Essex133£15,624751,980263
Falkirk11£19,699434,67429
Fife30£20,705534,11877
Flintshire21£11,9991165,94814
Gloucestershire47£16,790648,38287
Greater London379£17,413642,619714
Greater Manchester359£15,916753,142728
Gwynedd1£8,00010104,7912
Hampshire113£17,946639,741269
Herefordshire12£20,098437,04930
Hertfordshire147£16,139750,131343
Highland19£20,902335,76146
Inverclyde1£17,995434,4325
Isle of Anglesey2£10,970879,6391
Isle of Wight4£9,4201378,2317
Kent87£17,878543,019241
Lanarkshire120£22,411427,196312
Lancashire216£16,094650,229391
Leicestershire74£17,477650,147236
Lincolnshire121£17,776540,615207
Merseyside103£15,817650,834154
Merthyr Tydfil7£12,569774,4577
Midlothian55£18,423640,696125
Monmouthshire3£4,46314103,2178
Moray3£24,895321,7435
Neath Port Talbot4£14,974743,0003
Newport46£18,464548,759119
Norfolk83£17,957641,902127
North Yorkshire81£20,550539,257171
Northamptonshire43£16,303649,910118
Northumberland10£18,124542,17320
Nottinghamshire83£17,629647,185228
Oxfordshire21£15,930750,71853
Pembrokeshire4£9,0621097,1977
Perth & Kinross8£15,529748,08932
Powys1£18,490665,0001
Renfrewshire20£19,523425,42046
Rhondda Cynon Taf9£10,257865,96321
Shropshire43£18,440651,23982
Somerset36£17,916545,32282
South Yorkshire150£16,066657,667339
Staffordshire105£17,353644,150274
Stirling21£22,706324,57859
Suffolk55£17,801643,046120
Surrey142£18,129641,170251
Swansea28£21,172431,96866
Torfaen3£11,228663,0687
Tyne and Wear101£17,016646,697212
Vale of Glamorgan3£10,1431342,3959
Warwickshire33£17,215653,88971
West Lothian23£13,769761,57829
West Midlands246£15,873653,911500
West Sussex34£20,881532,024100
West Yorkshire219£17,381652,940453
Wiltshire81£19,652542,329199
Worcestershire38£19,187536,10783
Wrexham1£12,995836,7806
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