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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
All5,092£16,312651,81410,467
Aberdeen City44£23,053423,50898
Aberdeenshire17£22,245528,57430
Angus2£19,695636,9018
Antrim9£16,197648,40826
Ards6£11,728951,0999
Armagh7£11,498774,0154
Ballymena9£15,185752,94513
Ballymoney6£16,944663,96811
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London4£9,3601076,42213
Barnet - Greater London3£18,477536,7335
Bedfordshire135£13,696864,941225
Belfast46£21,380432,18677
Berkshire72£13,852858,575141
Blaenau Gwent10£11,497868,4007
Brent - Greater London6£18,2071165,17210
Bristol103£15,147853,689165
Bromley - Greater London9£16,031747,41215
Buckinghamshire92£16,893755,872160
Cambridgeshire174£15,123759,955270
Cardiff2£10,7451089,9414
Carmarthenshire3£16,327553,9205
Carrickfergus8£15,399654,61314
Ceredigion5£10,9951075,0006
Cheshire187£18,420648,021400
City of Edinburgh41£17,721645,53493
City of London - Greater London22£11,628969,47031
Clackmannanshire1£24,498320,1693
Coleraine16£13,517761,91026
Conwy3£11,3281061,8625
Cookstown3£15,328649,9943
Cornwall17£17,468745,40346
County Durham83£16,544650,793185
Craigavon22£25,495222,32935
Croydon - Greater London23£22,903324,20137
Cumbria14£16,399744,94337
Derbyshire198£18,285643,514452
Derry1£5,99511113,000-
Devon67£14,104863,624167
Dorset38£19,449539,28748
Down2£19,773651,483-
Dumfries and Galloway7£23,540320,43124
Dundee City43£18,727539,54556
Dungannon3£13,745869,88211
Ealing - Greater London5£7,7351180,57914
East Ayrshire7£9,890876,37611
East Riding of Yorkshire11£15,391649,02723
East Sussex64£19,089745,29374
Enfield - Greater London15£16,839641,28150
Essex93£16,083751,912233
Falkirk13£13,957753,71423
Fermanagh6£19,378450,0205
Fife27£21,022535,34167
Flintshire32£17,789868,1566
Glasgow City86£21,652430,170244
Gloucestershire52£17,167645,51691
Greater Manchester350£15,514754,210713
Gwynedd1£19,950343,6503
Hampshire140£18,118644,030258
Harrow - Greater London10£15,103750,48810
Havering - Greater London75£15,374752,535135
Herefordshire11£25,005331,56235
Hertfordshire162£19,015640,508266
Highland18£24,615225,26042
Hillingdon - Greater London40£13,256857,11170
Hounslow - Greater London17£22,602422,80725
Inverclyde2£12,748743,1836
Isle of Anglesey1£18,499449,978-
Isle of Wight5£6,5351470,8734
Kent65£15,061751,865186
Kingston upon Thames - Greater London24£24,535317,26756
Lancashire173£15,434752,244401
Larne4£8,60911100,2212
Leicestershire108£19,387540,999219
Limavady1£17,745553,0001
Lincolnshire111£18,888538,147248
Lisburn4£7,7321082,87511
Magherafelt3£15,265756,2596
Merseyside74£16,723650,010141
Merthyr Tydfil4£13,249756,08215
Merton - Greater London2£7,9981079,8503
Midlothian2£8,915968,540-
Moray3£16,162745,9624
Newham - Greater London2£4,17015108,9463
Newport1£8,495990,8729
Newry and Mourne10£19,289444,05111
Newtownabbey7£15,810653,31414
Norfolk96£17,230639,836153
North Ayrshire21£19,474435,73555
North Down3£12,493666,51611
North Lanarkshire14£14,663746,87460
North Yorkshire66£19,127541,853172
Northamptonshire42£16,394654,015124
Northumberland9£16,103746,67518
Nottinghamshire93£16,556648,928164
Omagh6£19,007553,3878
Oxfordshire19£19,550431,47147
Pembrokeshire1£16,199447,9141
Perth and Kinross10£19,911550,64126
Redbridge - Greater London5£9,798972,3839
Renfrewshire21£18,465535,07745
Rhondda Cynon Taf13£12,767762,96116
Rutland1£9,0001167,3521
Scottish Borders5£19,949436,35812
Shropshire38£21,299544,60371
Somerset40£16,066651,62195
South Ayrshire13£17,605537,61619
South Lanarkshire11£21,532428,60639
South Yorkshire139£16,123656,143371
Staffordshire87£18,667537,647280
Stirling19£24,953319,84248
Strabane4£19,991450,4316
Suffolk40£15,045754,94187
Surrey97£18,550742,109191
Swansea1£12,999683,1428
Torfaen1£13,990845,000-
Tyne and Wear69£15,366754,595166
Warwickshire28£21,586436,67662
West Dunbartonshire2£13,597857,3515
West Lothian11£10,978865,81422
West Midlands250£15,736756,612529
West Sussex62£20,881531,04496
West Yorkshire198£17,330647,768453
Wiltshire114£18,856643,780195
Worcestershire38£20,806535,76188
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