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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
All5,191£16,353651,76310,040
Aberdeen City49£23,029423,77892
Aberdeenshire17£22,627528,92328
Angus2£19,695636,9018
Antrim10£15,929654,82024
Ards5£13,075843,3189
Armagh8£12,560771,8423
Ballymena9£15,185752,94513
Ballymoney6£16,944663,96811
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London4£10,683973,89312
Barnet - Greater London3£18,477536,7335
Bedfordshire135£13,451865,217213
Belfast45£22,194329,94776
Berkshire76£13,713959,468134
Blaenau Gwent10£10,347974,8586
Brent - Greater London6£18,1081162,1309
Bristol109£15,396751,402153
Bromley - Greater London9£16,107747,41215
Buckinghamshire94£15,989754,054151
Cambridgeshire164£15,234760,311267
Cardiff2£10,7491089,9416
Carmarthenshire3£16,327553,9205
Carrickfergus10£14,909655,40212
Ceredigion5£10,9951075,0006
Cheshire199£18,635647,177378
City of Edinburgh47£17,391645,19187
City of London - Greater London23£11,560972,48529
Clackmannanshire1£24,498320,1693
Coleraine16£13,531761,91026
Conwy3£11,3281061,8625
Cookstown3£15,328649,9943
Cornwall18£17,217745,96445
County Durham85£16,891649,180176
Craigavon21£25,862220,48835
Croydon - Greater London27£23,454324,80031
Cumbria14£16,706745,72236
Derbyshire205£18,482641,693429
Derry1£5,99511113,000-
Devon64£14,284761,521163
Dorset40£19,692538,74746
Down2£19,773651,483-
Dumfries and Galloway8£22,347421,78323
Dundee City39£19,320536,22954
Dungannon4£15,058762,34910
Ealing - Greater London6£7,9451180,57413
East Ayrshire8£9,466972,34610
East Riding of Yorkshire12£14,967650,40022
East Sussex67£19,607643,68071
Enfield - Greater London16£17,332639,17649
Essex100£15,803752,821221
Falkirk12£13,426855,02623
Fermanagh6£19,378450,0205
Fife32£21,295533,94862
Flintshire32£17,789868,1566
Glasgow City92£21,398430,926233
Gloucestershire55£18,241543,38587
Greater Manchester344£15,322754,995691
Gwynedd1£19,950343,6503
Hampshire126£18,384642,285253
Harrow - Greater London9£16,475645,43110
Havering - Greater London73£15,645752,835129
Herefordshire12£24,784330,62234
Hertfordshire162£19,103641,388255
Highland18£22,909332,43340
Hillingdon - Greater London43£13,289856,11866
Hounslow - Greater London15£22,264424,26225
Inverclyde2£12,998743,1836
Isle of Anglesey1£18,945449,978-
Isle of Wight6£6,0281476,2282
Kent75£14,704752,072170
Kingston upon Thames - Greater London22£24,139319,53254
Lancashire181£15,656752,470383
Larne4£8,60911100,2212
Leicestershire116£18,996541,995206
Limavady1£17,745553,0001
Lincolnshire112£18,992538,365238
Lisburn4£7,7321082,87511
Magherafelt3£15,265756,2596
Merseyside70£15,971651,134138
Merthyr Tydfil5£13,199761,51714
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£19,312444,05111
Newtownabbey6£15,979650,50214
Norfolk91£17,442638,005154
North Ayrshire19£19,382435,44755
North Down3£10,927777,77610
North Lanarkshire15£13,758848,17956
North Yorkshire62£19,595540,507169
Northamptonshire41£16,626653,114120
Northumberland9£16,103746,67518
Nottinghamshire94£16,721648,623156
Omagh6£19,007553,3878
Oxfordshire19£19,713431,47147
Pembrokeshire1£16,199447,9141
Perth and Kinross11£19,736547,33625
Redbridge - Greater London5£9,798972,3839
Renfrewshire22£18,730533,65143
Rhondda Cynon Taf13£12,797762,96116
Rutland1£9,0001167,3521
Scottish Borders5£19,949436,35812
Shropshire40£21,593544,72169
Somerset45£16,009652,84488
South Ayrshire13£17,605537,61619
South Lanarkshire11£21,532428,60539
South Yorkshire145£16,014656,587361
Staffordshire99£18,213539,085265
Stirling17£25,772319,90146
Strabane4£19,991450,4316
Suffolk39£15,104754,19786
Surrey103£18,029743,703181
Swansea1£12,999683,1428
Torfaen1£13,990845,000-
Tyne and Wear67£15,253754,611161
Warwickshire29£21,726436,18558
West Dunbartonshire2£13,747857,3515
West Lothian13£12,134762,02920
West Midlands259£15,640756,155504
West Sussex61£20,988531,55996
West Yorkshire198£17,156647,976437
Wiltshire113£19,400541,482189
Worcestershire42£21,264535,08782
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