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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
All5,505£16,931649,48311,561
Aberdeenshire61£23,385422,178122
Angus39£21,583430,05687
Ayrshire50£20,119332,22782
Bedfordshire123£13,739868,501234
Berkshire74£18,526745,516197
Blaenau Gwent13£14,240651,01917
Borders3£20,710439,7198
Bridgend9£13,390771,35418
Bristol105£15,242753,431171
Buckinghamshire83£19,087649,633164
Caerphilly9£8,1731093,0689
Cambridgeshire165£16,063754,771267
Cardiff48£20,130537,292108
Carmarthenshire3£13,993668,0447
Ceredigion1£17,995634,9232
Cheshire137£19,065548,950399
Conwy16£16,945661,05331
Cornwall16£22,804423,71447
County Antrim73£17,858549,860177
County Armagh45£22,445337,60950
County Down19£12,603860,63035
County Durham78£15,294755,808185
County Fermanagh4£19,595357,6219
County Londonderry30£14,680666,60534
County Tyrone22£16,017660,23528
Cumbria13£18,792542,56939
Derbyshire194£18,015644,940458
Devon73£15,860755,270156
Dorset34£21,051430,01861
Dumfries & Galloway7£22,197319,78610
Dunbartonshire5£20,158330,9474
East Lothian1£8,74510103,000-
East Riding of Yorkshire37£19,829535,884102
East Sussex60£16,421855,46391
Essex137£15,476752,885267
Falkirk15£19,801535,89524
Fife36£20,947533,97774
Flintshire21£11,9991165,94816
Gloucestershire46£16,957648,33690
Greater London381£17,552642,574708
Greater Manchester366£15,761753,895721
Gwynedd1£8,00010104,7913
Hampshire118£18,073638,434264
Herefordshire9£21,865434,90430
Hertfordshire147£16,478648,454342
Highland20£21,362435,43742
Inverclyde1£17,995434,4325
Isle of Anglesey2£10,720879,6391
Isle of Wight4£9,4201378,2317
Kent82£18,776539,182241
Lanarkshire96£20,345432,565314
Lancashire205£15,818650,998392
Leicestershire77£17,884646,793233
Lincolnshire122£18,003539,864206
Merseyside107£15,864650,386149
Merthyr Tydfil7£12,569774,4578
Midlothian56£18,920538,112129
Monmouthshire3£4,46314103,2178
Moray2£25,345331,1165
Neath Port Talbot4£14,974743,0003
Newport54£18,745548,493111
Norfolk82£18,181641,281130
North Yorkshire84£20,552539,392166
Northamptonshire44£16,256649,640118
Northumberland11£17,859541,24218
Nottinghamshire85£17,119650,001224
Oxfordshire23£16,565647,09152
Pembrokeshire3£8,7661195,2416
Perth & Kinross8£15,529748,08933
Powys1£18,490665,0001
Renfrewshire20£19,448425,56645
Rhondda Cynon Taf9£10,257865,96322
Shropshire44£18,374651,70083
Somerset39£18,072647,18080
South Yorkshire148£15,853757,344337
Staffordshire102£17,582644,278278
Stirling18£22,824324,60359
Suffolk50£17,189643,063124
Surrey148£17,527742,030252
Swansea28£20,711432,26064
Torfaen3£11,228663,0687
Tyne and Wear100£16,909646,459215
Vale of Glamorgan2£9,7151542,6569
Warwickshire39£17,561547,42767
West Lothian23£13,812761,57830
West Midlands248£15,646654,216494
West Sussex36£21,248531,139100
West Yorkshire211£17,414652,307459
Wiltshire87£18,823643,282195
Worcestershire39£19,377535,32985
Wrexham1£12,995836,7806
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