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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.

5,864 cars

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
All5,711£16,904648,90111,432
Aberdeenshire62£22,812423,200120
Angus36£20,930433,87487
Ayrshire44£23,116325,12286
Bedfordshire142£13,523867,927224
Berkshire72£17,668743,289197
Blaenau Gwent12£13,614751,43814
Borders3£21,263439,7196
Bridgend9£12,539770,38418
Bristol100£14,108757,505184
Buckinghamshire85£17,549755,001166
Caerphilly11£9,2211084,1568
Cambridgeshire176£15,743754,618274
Cardiff44£18,767540,327112
Carmarthenshire4£16,194637,9927
Cheshire128£18,731550,485390
Conwy15£18,377549,93232
Cornwall24£20,048536,05838
County Antrim87£18,433544,428166
County Armagh49£20,053441,83754
County Down17£13,181863,17735
County Durham93£15,834652,947186
County Fermanagh6£19,310455,4678
County Londonderry37£14,035766,25435
County Tyrone25£17,371553,39819
Cumbria17£17,784538,94541
Derbyshire192£18,201641,632465
Devon106£17,113747,063149
Dorset31£20,134530,05971
Dumfries & Galloway5£18,097529,47013
Dunbartonshire3£20,831434,4587
East Riding of Yorkshire36£19,495436,274105
East Sussex64£16,456857,37592
Essex145£15,740650,328260
Falkirk9£18,438539,57733
Fife26£22,643532,17180
Flintshire18£11,1291265,77817
Gloucestershire62£16,384649,48683
Greater London383£17,225642,436698
Greater Manchester356£16,124652,908693
Gwynedd2£13,495760,3492
Hampshire124£17,977641,791276
Herefordshire17£18,177541,19726
Hertfordshire148£17,493646,185343
Highland25£21,433437,84843
Inverclyde1£17,995434,4322
Isle of Anglesey1£3,99511109,3002
Isle of Wight4£9,4201378,2317
Kent109£17,528540,935232
Lanarkshire126£21,805431,654294
Lancashire224£15,811651,364377
Leicestershire65£17,912650,842224
Lincolnshire108£17,668540,909215
Merseyside110£15,790651,181158
Merthyr Tydfil7£12,358770,3717
Midlothian55£19,159536,143130
Monmouthshire2£3,64515116,00010
Moray4£25,170321,5585
Neath Port Talbot5£14,677745,4003
Newport42£17,447650,515119
Norfolk85£17,138647,251122
North Yorkshire87£20,412439,392169
Northamptonshire45£18,745544,340115
Northumberland11£18,338538,42019
Nottinghamshire101£16,988647,035215
Oxfordshire21£17,800543,41250
Pembrokeshire4£6,48611111,4407
Perth & Kinross8£17,016645,99527
Powys1£18,490665,0001
Renfrewshire23£20,193426,95544
Rhondda Cynon Taf11£10,371861,77320
Shropshire38£19,319549,18086
Somerset35£18,511542,09886
South Yorkshire165£17,145650,519323
Staffordshire126£17,293643,211274
Stirling21£23,291323,58863
Suffolk47£17,180645,343123
Surrey149£17,164745,442241
Swansea27£20,930428,19868
Torfaen2£6,9981082,1579
Tyne and Wear104£17,138646,609214
Vale of Glamorgan3£11,6461068,2437
Warwickshire33£18,806545,01572
West Lothian19£13,631761,40333
West Midlands253£16,233651,635491
West Sussex36£21,429427,38097
West Yorkshire214£16,950651,390430
Wiltshire93£19,762539,169193
Worcestershire35£18,909541,15579
Wrexham1£12,995836,7806
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