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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
All5,083£16,362651,67910,365
Aberdeen City43£23,063423,77598
Aberdeenshire19£23,034426,60628
Angus2£19,695636,9018
Antrim8£15,955652,64726
Ards5£13,075843,3189
Armagh8£12,560771,8423
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£13,389865,777223
Belfast46£21,818430,67876
Berkshire70£13,760858,373142
Blaenau Gwent10£11,497868,4007
Brent - Greater London6£18,2071165,17210
Bristol105£15,328852,113160
Bromley - Greater London9£16,031747,41215
Buckinghamshire91£16,846755,419159
Cambridgeshire166£14,849761,883270
Cardiff2£10,7451089,9414
Carmarthenshire3£16,327553,9205
Carrickfergus9£14,849655,52013
Ceredigion5£10,9951075,0006
Cheshire189£18,502647,592392
City of Edinburgh42£17,272745,75291
City of London - Greater London23£11,897865,09630
Clackmannanshire1£24,498320,1693
Coleraine16£13,531761,91026
Conwy3£11,3281061,8625
Cookstown3£15,328649,9943
Cornwall17£17,468745,40346
County Durham83£16,482651,021183
Craigavon22£25,518222,32935
Croydon - Greater London26£23,836323,06132
Cumbria15£17,349643,21736
Derbyshire198£18,215643,236446
Derry1£5,99511113,000-
Devon68£14,378761,891165
Dorset38£19,484539,27948
Down2£19,773651,483-
Dumfries and Galloway8£22,347421,78323
Dundee City43£18,949538,48554
Dungannon4£15,058762,34910
Ealing - Greater London5£7,7351180,57914
East Ayrshire7£9,890876,37611
East Riding of Yorkshire12£15,356648,51323
East Sussex64£19,241745,14074
Enfield - Greater London15£16,839641,28150
Essex95£16,026752,566229
Falkirk13£13,970753,71423
Fermanagh6£19,378450,0205
Fife28£21,042535,81166
Flintshire32£17,789868,1566
Glasgow City84£22,087429,062243
Gloucestershire52£18,087643,69589
Greater Manchester344£15,462754,226708
Gwynedd1£19,950343,6503
Hampshire134£18,203643,901258
Harrow - Greater London10£15,103750,48810
Havering - Greater London75£15,392752,535135
Herefordshire11£25,005331,56235
Hertfordshire162£19,043641,659264
Highland17£24,348226,60242
Hillingdon - Greater London42£13,211857,01968
Hounslow - Greater London17£22,602422,80725
Inverclyde2£12,998743,1836
Isle of Anglesey1£18,945449,978-
Isle of Wight6£6,0281476,2282
Kent67£14,933751,928183
Kingston upon Thames - Greater London23£23,983319,94755
Lancashire173£15,612751,861397
Larne4£8,60911100,2212
Leicestershire108£19,483540,731217
Limavady1£17,745553,0001
Lincolnshire114£19,066537,355242
Lisburn4£7,7321082,87511
Magherafelt3£15,265756,2596
Merseyside72£16,120650,978141
Merthyr Tydfil4£13,249756,08215
Merton - Greater London3£8,663984,8712
Midlothian2£8,915968,540-
Moray3£16,162745,9624
Newham - Greater London2£4,17315108,9463
Newport1£8,495990,8729
Newry and Mourne10£19,289444,05111
Newtownabbey7£15,838653,31414
Norfolk92£17,452638,059155
North Ayrshire20£18,953536,32555
North Down3£12,493666,51611
North Lanarkshire11£13,490848,57560
North Yorkshire67£19,178541,504171
Northamptonshire41£16,257653,457123
Northumberland9£16,103746,67518
Nottinghamshire94£16,525649,318162
Omagh6£19,007553,3878
Oxfordshire19£19,550431,47147
Pembrokeshire1£16,199447,9141
Perth and Kinross10£19,911550,64126
Redbridge - Greater London5£9,798972,3839
Renfrewshire20£18,938432,46645
Rhondda Cynon Taf13£12,797762,96116
Rutland1£9,0001167,3521
Scottish Borders5£19,949436,35812
Shropshire38£21,398544,44571
Somerset42£15,678754,00994
South Ayrshire13£17,605537,61619
South Lanarkshire11£21,532428,60639
South Yorkshire139£16,033656,004368
Staffordshire89£18,342538,647276
Stirling18£25,062318,72747
Strabane4£19,991450,4316
Suffolk40£15,059754,94187
Surrey98£18,429742,456190
Swansea1£12,999683,1428
Torfaen1£13,990845,000-
Tyne and Wear62£15,239754,363167
Warwickshire29£22,036437,10160
West Dunbartonshire2£13,597857,3515
West Lothian12£12,396761,66321
West Midlands250£15,795756,318525
West Sussex63£20,940530,72595
West Yorkshire197£17,390647,932451
Wiltshire115£18,782643,902194
Worcestershire39£21,092534,89787
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