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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
All4,977£16,784649,90510,117
Aberdeen City40£21,838426,08993
Aberdeenshire19£23,596528,48927
Angus4£22,495530,1766
Antrim9£18,855538,27129
Ards13£14,395747,0668
Armagh10£10,364869,0114
Ballymena12£14,657758,95215
Ballymoney4£20,671538,1689
Barking & Dagenham - Greater London9£10,705966,02413
Barnet - Greater London2£19,873544,4471
Bedfordshire109£14,682762,029241
Belfast48£21,169432,11081
Berkshire52£12,5501061,610144
Blaenau Gwent8£12,798857,82813
Brent - Greater London4£23,2141157,94011
Bristol113£13,922859,527157
Bromley - Greater London12£21,886531,06515
Buckinghamshire81£17,045652,953156
Cambridgeshire160£15,866755,415248
Carmarthenshire4£18,618446,8102
Carrickfergus7£17,679455,44014
Ceredigion2£10,495784,0005
Cheshire166£17,103653,028400
City of Edinburgh44£18,044641,69188
City of London - Greater London21£15,144756,96244
Coleraine15£13,474766,68323
Conwy1£7,4951272,0006
Cookstown4£15,328648,0063
Cornwall17£23,096319,01950
County Durham89£17,330650,335168
Craigavon22£24,979216,86532
Croydon - Greater London18£21,932327,35442
Cumbria18£18,541537,17328
Derbyshire204£18,654641,586434
Devon70£14,988760,229145
Dorset35£21,408428,23357
Down1£16,495660,0001
Dumfries and Galloway8£25,022214,41513
Dundee City42£19,637437,11167
Dungannon7£17,174660,9809
Ealing - Greater London4£4,5701391,47415
East Ayrshire7£13,350659,16911
East Riding of Yorkshire12£15,030653,21922
East Sussex56£18,848746,37872
Enfield - Greater London22£18,351536,79331
Essex101£15,937749,938222
Falkirk11£17,144648,03124
Fermanagh5£19,274355,17910
Fife24£20,878532,82772
Flintshire32£17,789868,1561
Glasgow City73£20,421433,105231
Gloucestershire59£16,378646,00388
Greater Manchester342£15,874754,020705
Hampshire99£18,651638,369245
Harrow - Greater London10£14,859751,57512
Havering - Greater London74£14,167752,898127
Herefordshire13£21,713436,70427
Hertfordshire149£17,846644,948304
Highland14£27,062113,41439
Hillingdon - Greater London37£12,234965,32368
Hounslow - Greater London14£22,027425,33724
Isle of Anglesey1£18,499449,978-
Isle of Wight2£5,8451590,5857
Kent75£16,165646,554170
Kingston upon Thames - Greater London20£27,082214,35149
Lancashire206£16,010649,131354
Larne5£10,677983,5773
Leicestershire81£17,915644,551240
Limavady2£15,618661,5001
Lincolnshire117£18,609539,057217
Lisburn2£12,720983,3009
Magherafelt5£15,608648,8353
Merseyside94£15,970652,389124
Merthyr Tydfil6£11,498876,86912
Merton - Greater London1£7,995581,0005
Midlothian1£14,995653,2962
Moray2£19,495637,2937
Newham - Greater London2£4,32215109,1963
Newport2£13,697660,3315
Newry and Mourne10£19,073551,5299
Newtownabbey6£13,045762,07718
Norfolk93£17,061640,130137
North Ayrshire19£21,161331,40047
North Down6£10,528872,94710
North Lanarkshire15£16,597637,50953
North Yorkshire69£21,333437,515156
Northamptonshire54£15,417754,323113
Northumberland11£17,766644,26214
Nottinghamshire74£19,088541,671187
Omagh9£17,809554,9414
Oxfordshire16£18,260540,10654
Pembrokeshire1£16,199447,914-
Perth and Kinross11£18,230541,69632
Redbridge - Greater London7£9,0361075,11610
Renfrewshire25£19,274427,32551
Rhondda Cynon Taf14£11,055863,24116
Rutland1£5,5001380,8051
Scottish Borders4£17,774546,61710
Shropshire40£19,949547,72368
Somerset33£17,281645,20987
South Ayrshire16£18,998433,03222
South Lanarkshire10£22,376426,57138
South Yorkshire145£15,022760,567352
Staffordshire80£18,906537,867266
Stirling23£21,586427,86048
Strabane3£20,525439,5786
Suffolk45£16,572649,02477
Surrey113£17,289742,584155
Sutton - Greater London1£1,79511111,5822
Tower Hamlets - Greater London1£11,495684,0001
Tyne and Wear88£16,201650,839156
Warwickshire31£19,504544,30449
West Dunbartonshire2£21,098426,8995
West Lothian12£12,277765,21722
West Midlands237£15,693657,040503
West Sussex32£21,961427,243112
West Yorkshire186£17,789648,689474
Wiltshire101£19,379643,119214
Worcestershire47£19,101538,91875
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