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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
All5,188£16,199652,43010,403
Aberdeen City49£22,580425,88499
Aberdeenshire15£22,078527,30731
Angus2£19,695636,9018
Antrim12£17,955543,76526
Ards6£11,728951,0999
Armagh7£11,498774,0154
Ballymena8£15,207756,06313
Ballymoney6£16,944663,9689
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London7£8,4781180,32913
Barnet - Greater London3£18,477536,7335
Bedfordshire133£13,877865,393230
Belfast47£21,276431,55576
Berkshire75£13,139960,679138
Blaenau Gwent11£12,224863,7827
Brent - Greater London6£18,2071165,17210
Bristol107£14,677856,328163
Bromley - Greater London11£16,790643,03215
Buckinghamshire97£17,206652,734156
Cambridgeshire169£14,939759,735275
Cardiff2£10,5351089,9413
Carmarthenshire3£16,327553,9205
Carrickfergus8£16,399556,30114
Ceredigion5£10,9951075,0006
Cheshire197£18,291649,002391
City of Edinburgh46£17,319645,33089
City of London - Greater London21£12,473867,19632
Coleraine15£13,141763,51226
Conwy3£11,3281061,8624
Cookstown3£15,328649,9943
Cornwall15£19,695633,64749
County Durham81£17,104648,010189
Craigavon19£26,779220,07838
Croydon - Greater London23£22,684326,30734
Cumbria14£16,350744,94337
Derbyshire204£18,428642,546451
Derry1£5,99511113,000-
Devon69£13,828863,742164
Dorset37£19,014540,89049
Down2£19,773651,483-
Dumfries and Galloway6£23,480420,99022
Dundee City46£18,327539,83456
Dungannon4£15,306761,38611
Ealing - Greater London7£8,4511178,50013
East Ayrshire7£10,525876,30611
East Riding of Yorkshire11£14,528652,63022
East Sussex66£18,869745,96070
Enfield - Greater London15£16,826641,28143
Essex99£15,607754,439232
Falkirk12£14,062854,11922
Fermanagh5£20,235345,5596
Fife28£21,302533,86264
Flintshire32£17,789868,1566
Glasgow City79£21,780429,082247
Gloucestershire58£17,450644,35687
Greater Manchester355£15,498754,151709
Gwynedd1£19,950343,6503
Hampshire143£18,226643,511254
Harrow - Greater London10£16,067645,63310
Havering - Greater London77£15,352752,140132
Herefordshire12£21,879435,34233
Hertfordshire150£19,041639,954283
Highland18£25,439222,98940
Hillingdon - Greater London39£13,367857,11470
Hounslow - Greater London16£22,635423,16826
Inverclyde1£9,998866,0687
Isle of Anglesey1£18,499449,978-
Isle of Wight5£6,5351472,2345
Kent66£14,995650,732190
Kingston upon Thames - Greater London21£25,263317,15256
Lancashire190£15,702751,176399
Larne4£8,60911100,2212
Leicestershire105£19,588539,970224
Limavady1£17,745553,0001
Lincolnshire113£18,786538,812244
Lisburn4£7,7321082,87511
Magherafelt4£15,511755,5356
Merseyside78£17,221548,355138
Merthyr Tydfil4£13,249756,08212
Merton - Greater London2£7,9981079,8503
Midlothian2£8,915968,540-
Moray3£16,162745,9624
Neath Port Talbot1£9,499966,0413
Newham - Greater London2£4,17015108,9463
Newport1£8,495990,8729
Newry and Mourne9£19,577548,53312
Newtownabbey6£15,946650,50215
Norfolk100£17,123640,336150
North Ayrshire23£21,333328,95456
North Down3£12,493666,51611
North Lanarkshire13£14,641747,69160
North Yorkshire60£18,821542,317177
Northamptonshire46£15,240659,734117
Northumberland9£15,714646,83219
Nottinghamshire94£16,307649,348163
Omagh6£19,007553,3878
Oxfordshire19£18,395534,73049
Pembrokeshire1£16,199447,9141
Perth and Kinross10£19,861550,64124
Redbridge - Greater London5£9,393975,6499
Renfrewshire20£18,088537,19746
Rhondda Cynon Taf12£13,288761,01817
Rutland1£9,0001167,3521
Scottish Borders5£19,949436,35812
Shropshire39£21,325545,36870
Somerset46£16,322648,77296
South Ayrshire15£17,904536,39919
South Lanarkshire10£20,566528,86939
South Yorkshire149£15,771757,645368
Staffordshire89£17,821539,801269
Stirling25£23,284322,96046
Strabane3£19,325554,1697
Suffolk37£15,174654,75084
Surrey103£18,542741,213180
Swansea1£12,999683,1428
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear75£15,966752,022160
Warwickshire26£21,769436,04562
West Dunbartonshire2£13,597857,3516
West Lothian12£11,871761,60820
West Midlands243£16,015755,718529
West Sussex62£21,170530,81097
West Yorkshire210£17,491647,734448
Wiltshire117£18,692642,926199
Worcestershire37£21,001533,69987
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