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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
All5,151£16,576651,79810,295
Aberdeen City46£22,257425,861104
Aberdeenshire18£22,407528,04428
Angus3£23,328430,6178
Antrim11£17,367544,19826
Ards7£12,781850,7729
Armagh8£11,160773,7644
Ballymena11£14,322761,96712
Ballymoney5£17,135657,2899
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London10£10,989962,60014
Barnet - Greater London3£18,410536,7332
Bedfordshire116£14,438764,698235
Belfast42£21,567432,34573
Berkshire62£12,884962,437144
Blaenau Gwent7£11,997857,04811
Brent - Greater London6£18,1071165,15210
Bristol99£14,191859,264164
Bromley - Greater London9£16,543743,60915
Buckinghamshire94£16,704754,214156
Caerphilly1£18,491880,000-
Cambridgeshire165£14,855758,159269
Cardiff1£2,49015136,0593
Carmarthenshire4£18,618446,8102
Carrickfergus5£15,659657,65016
Ceredigion2£10,495784,0006
Cheshire189£17,812652,072399
City of Edinburgh42£16,816643,80284
City of London - Greater London19£13,861858,51139
Coleraine16£13,782761,95119
Conwy2£12,995961,2945
Cookstown3£15,328649,9943
Cornwall16£23,169321,96752
County Durham76£17,763645,163184
Craigavon25£26,629219,28131
Croydon - Greater London24£23,228326,26735
Cumbria14£16,962648,55138
Derbyshire192£18,136644,206458
Devon68£15,084758,868154
Dorset42£18,535640,14348
Down2£19,773651,483-
Dumfries and Galloway7£23,969318,76418
Dundee City42£18,795539,74561
Dungannon6£17,203656,31011
Ealing - Greater London4£7,2341185,72414
East Ayrshire8£9,497975,20810
East Riding of Yorkshire12£14,198757,01920
East Sussex67£18,407747,12061
Enfield - Greater London19£16,960642,73536
Essex97£15,621750,271237
Falkirk10£12,038869,66124
Fermanagh4£18,721352,3188
Fife25£22,493430,57872
Flintshire32£17,789868,1566
Glasgow City85£20,717432,749237
Gloucestershire61£17,283643,55292
Greater Manchester355£15,548754,649717
Gwynedd1£18,000343,6503
Hampshire129£18,713642,852245
Harrow - Greater London11£16,587644,71210
Havering - Greater London77£14,794750,278131
Herefordshire13£23,006433,98930
Hertfordshire158£18,520643,769290
Highland21£25,033224,64839
Hillingdon - Greater London32£12,835858,64075
Hounslow - Greater London17£22,413424,56126
Isle of Anglesey1£18,499449,978-
Isle of Wight4£6,6701480,2925
Kent78£15,683646,860178
Kingston upon Thames - Greater London30£26,787213,31250
Lancashire203£16,289649,714381
Larne4£8,60911100,2212
Leicestershire109£18,540541,750217
Limavady2£15,745661,5001
Lincolnshire105£19,159537,097244
Lisburn2£8,2201189,50013
Magherafelt4£15,511755,5355
Merseyside86£16,743650,581134
Merthyr Tydfil6£13,826654,51711
Merton - Greater London3£6,9971079,0402
Midlothian2£11,998760,6531
Moray5£19,896637,3734
Newham - Greater London2£4,17315109,1963
Newport2£10,4971175,2447
Newry and Mourne9£19,414548,53312
Newtownabbey7£14,753658,38516
Norfolk90£16,605642,715157
North Ayrshire26£21,917328,86058
North Down3£14,727554,21412
North Lanarkshire18£14,348747,87360
North Yorkshire63£20,622439,287164
Northamptonshire51£14,884758,745114
Northumberland11£16,282647,01915
Nottinghamshire95£17,411646,705173
Omagh8£18,436551,5668
Oxfordshire15£17,454534,48356
Pembrokeshire1£16,199447,9141
Perth and Kinross12£19,634544,82925
Redbridge - Greater London6£8,9931082,20710
Renfrewshire20£19,998427,58550
Rhondda Cynon Taf16£12,452762,51611
Scottish Borders5£18,417550,51312
Shropshire37£20,616551,85873
Somerset42£15,974650,19697
South Ayrshire17£17,857537,80319
South Lanarkshire13£23,303320,68740
South Yorkshire150£16,226653,906359
Staffordshire87£18,350544,068270
Stirling20£23,366321,88839
Strabane4£19,891546,8196
Suffolk37£14,607755,25176
Surrey114£18,025741,947159
Swansea1£12,999683,1427
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear70£16,042751,013162
Warwickshire26£20,980439,21157
West Dunbartonshire3£16,564642,9326
West Lothian9£12,074764,41724
West Midlands256£15,786757,246517
West Sussex57£20,745531,74995
West Yorkshire194£17,391650,105457
Wiltshire110£18,963643,364201
Worcestershire40£20,139536,97775
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