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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
All5,065£16,709650,64910,238
Aberdeen City39£21,708426,54793
Aberdeenshire21£23,324427,58524
Angus4£24,495429,3636
Antrim11£17,902546,21930
Ards12£14,265846,0309
Armagh8£9,648880,1945
Ballymena11£14,812755,04414
Ballymoney5£18,455551,8949
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London8£11,293963,87513
Barnet - Greater London1£19,750854,8001
Bedfordshire117£14,282864,014234
Belfast42£21,951430,88784
Berkshire56£11,9421060,375145
Blaenau Gwent6£10,897966,48714
Brent - Greater London5£19,6511161,55210
Bristol121£14,278758,743152
Bromley - Greater London14£21,210533,64016
Buckinghamshire86£17,260653,506156
Cambridgeshire153£15,615756,599255
Carmarthenshire4£18,618446,8102
Carrickfergus6£16,550559,54415
Ceredigion2£10,495784,0006
Cheshire179£17,250652,295391
City of Edinburgh48£17,856641,22081
City of London - Greater London26£15,292753,40041
Coleraine16£13,975763,54221
Conwy2£7,4951178,0005
Cookstown6£19,595437,9711
Cornwall18£22,673421,75751
County Durham75£17,440647,276191
Craigavon21£24,392224,01731
Croydon - Greater London18£22,767324,82540
Cumbria15£18,331535,92430
Derbyshire192£18,988640,562449
Devon72£15,403756,889150
Dorset41£20,010532,27552
Down1£16,495660,0001
Dumfries and Galloway8£25,022214,41516
Dundee City43£19,320436,77567
Dungannon7£17,174660,9809
Ealing - Greater London4£4,5701391,47415
East Ayrshire7£13,264659,16913
East Riding of Yorkshire14£14,643656,22719
East Sussex55£18,394748,21273
Enfield - Greater London23£18,754535,52033
Essex103£15,843750,513224
Falkirk11£15,199754,63024
Fermanagh6£19,560353,64910
Fife28£21,311431,62972
Flintshire32£17,789868,1561
Glasgow City81£20,183433,688235
Gloucestershire62£16,760645,30885
Greater Manchester343£15,660754,019730
Hampshire112£18,679540,626245
Harrow - Greater London9£13,501754,33312
Havering - Greater London75£14,279752,983130
Herefordshire12£22,289433,37231
Hertfordshire157£18,158643,123296
Highland17£26,456221,16438
Hillingdon - Greater London42£11,627966,11666
Hounslow - Greater London15£22,627424,63326
Isle of Anglesey1£18,499449,978-
Isle of Wight2£5,8451590,5857
Kent67£16,395643,545171
Kingston upon Thames - Greater London22£25,630316,92451
Lancashire194£16,163649,922368
Larne5£10,677983,5773
Leicestershire100£18,044542,396227
Limavady2£15,745661,5001
Lincolnshire117£18,927538,650222
Lisburn2£12,720983,30010
Magherafelt4£15,511755,5353
Merseyside91£15,979651,791127
Merthyr Tydfil5£12,454766,26712
Merton - Greater London2£6,495979,2115
Midlothian1£14,995653,2962
Moray2£19,995637,2937
Newham - Greater London2£4,32215109,1963
Newport4£15,222858,9045
Newry and Mourne10£19,095551,52911
Newtownabbey7£14,395655,24616
Norfolk91£17,193639,772149
North Ayrshire23£21,567331,02560
North Down5£10,834869,13611
North Lanarkshire16£16,623637,91857
North Yorkshire69£20,016542,770162
Northamptonshire61£16,373651,037111
Northumberland10£17,269644,09316
Nottinghamshire76£19,568539,234188
Omagh8£18,411551,5665
Oxfordshire15£18,378539,78054
Pembrokeshire1£16,199447,914-
Perth and Kinross12£17,951546,89431
Redbridge - Greater London7£9,0651074,73010
Renfrewshire22£19,882426,19850
Rhondda Cynon Taf16£11,466862,02813
Rutland1£5,5001380,8051
Scottish Borders5£18,417550,5139
Shropshire41£18,591652,21661
Somerset34£17,610641,61089
South Ayrshire12£18,981435,42822
South Lanarkshire12£21,538426,54637
South Yorkshire141£15,368758,962364
Staffordshire80£18,328539,045270
Stirling27£22,646323,71442
Strabane3£20,525439,5786
Suffolk44£15,966652,48079
Surrey109£17,164743,323159
Sutton - Greater London1£1,59511111,5822
Tower Hamlets - Greater London1£11,995684,0001
Tyne and Wear81£16,349649,971162
Warwickshire30£20,554442,23351
West Dunbartonshire2£21,098426,8995
West Lothian12£13,077765,97824
West Midlands252£15,492757,837509
West Sussex39£23,253425,433112
West Yorkshire185£17,882647,554473
Wiltshire105£19,852540,911217
Worcestershire47£17,923644,15276
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