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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
All5,091£16,246652,6549,589
Aberdeen City44£22,084427,199103
Aberdeenshire19£22,490528,04427
Angus2£19,695636,9018
Antrim12£17,955543,76525
Ards6£11,728951,0998
Armagh7£11,469774,0154
Ballymena8£15,194756,06312
Ballymoney6£16,944663,9688
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London8£9,4441072,76413
Barnet - Greater London3£18,410536,7332
Bedfordshire129£14,072865,523212
Belfast42£21,602432,01067
Berkshire67£12,718961,885130
Blaenau Gwent9£10,719966,8159
Brent - Greater London6£18,2071165,15210
Bristol105£14,496858,015146
Bromley - Greater London11£16,737643,03213
Buckinghamshire91£17,139653,183149
Caerphilly1£18,491880,000-
Cambridgeshire168£15,490756,575244
Cardiff1£2,59015136,0593
Carmarthenshire3£16,327553,9202
Carrickfergus8£16,399556,30112
Ceredigion4£10,995878,0004
Cheshire185£18,269649,585367
City of Edinburgh44£16,057648,05981
City of London - Greater London20£13,587860,36535
Coleraine16£13,969760,08518
Conwy3£11,3281061,8624
Cookstown3£15,328649,9943
Cornwall19£22,150425,65749
County Durham77£17,128646,773170
Craigavon20£26,440220,54431
Croydon - Greater London22£22,641326,15832
Cumbria11£17,040646,59436
Derbyshire198£18,360642,872414
Devon66£14,010862,029142
Dorset39£18,569542,12344
Down2£19,773651,483-
Dumfries and Galloway7£23,969318,76418
Dundee City39£18,575539,74354
Dungannon4£15,306761,38610
Ealing - Greater London6£7,6951179,01312
East Ayrshire9£9,886973,8559
East Riding of Yorkshire10£12,323866,16921
East Sussex68£19,001745,15957
Enfield - Greater London15£16,826641,28135
Essex98£15,081754,103224
Falkirk11£12,328859,83022
Fermanagh4£18,296454,2157
Fife29£21,745433,09665
Flintshire32£17,789868,1566
Glasgow City77£21,877428,293227
Gloucestershire59£17,823542,81983
Greater Manchester346£15,749753,381670
Gwynedd1£19,950343,6503
Hampshire139£18,891641,153222
Harrow - Greater London10£16,067645,63310
Havering - Greater London70£15,911751,063124
Herefordshire11£23,281435,39230
Hertfordshire153£18,694641,239275
Highland20£25,582221,54434
Hillingdon - Greater London37£13,129856,07768
Hounslow - Greater London16£22,455423,16822
Inverclyde1£9,998866,0687
Isle of Anglesey1£18,499449,978-
Isle of Wight5£6,5351472,2344
Kent71£15,607648,352171
Kingston upon Thames - Greater London21£26,012215,73252
Lancashire193£15,835751,243360
Larne4£8,60911100,2212
Leicestershire104£19,393540,683204
Limavady2£15,745661,5001
Lincolnshire111£19,156538,076230
Lisburn3£7,3781191,23312
Magherafelt4£15,511755,5355
Merseyside74£17,024549,828132
Merthyr Tydfil6£13,828654,51711
Merton - Greater London2£7,9981079,8502
Midlothian1£9,110868,0101
Moray4£19,370740,9714
Neath Port Talbot1£9,499966,1753
Newham - Greater London2£4,17015108,9462
Newport2£10,4971175,2447
Newry and Mourne9£19,577548,53312
Newtownabbey6£15,946650,50215
Norfolk93£16,654641,815148
North Ayrshire24£21,940329,05456
North Down3£12,493666,51611
North Lanarkshire16£14,357750,77555
North Yorkshire58£19,776540,691152
Northamptonshire47£15,307759,424103
Northumberland10£15,262747,36314
Nottinghamshire87£16,747649,015156
Omagh7£18,576555,1128
Oxfordshire19£18,007536,73249
Pembrokeshire1£16,199447,9141
Perth and Kinross13£20,099542,97321
Redbridge - Greater London6£8,9931082,20710
Renfrewshire21£18,946533,65343
Rhondda Cynon Taf13£12,905762,24111
Rutland1£9,0001167,3521
Scottish Borders7£18,341545,27210
Shropshire40£20,946548,50965
Somerset47£15,764650,69484
South Ayrshire15£18,138536,39918
South Lanarkshire10£21,566426,12738
South Yorkshire150£15,921656,075337
Staffordshire87£18,015540,380254
Stirling25£23,051323,04633
Strabane3£19,325554,1696
Suffolk34£15,431653,62273
Surrey105£18,021742,615158
Swansea1£12,999683,1427
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear69£14,511755,340152
Warwickshire27£21,388436,77855
West Dunbartonshire2£13,597857,3516
West Lothian12£12,413760,21820
West Midlands242£15,848757,604491
West Sussex62£21,161530,80986
West Yorkshire196£17,399649,276423
Wiltshire116£18,897642,366178
Worcestershire37£20,718536,29272
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