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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
All5,320£16,639650,01310,849
Aberdeen City42£22,497422,95190
Aberdeenshire20£23,860426,53930
Angus4£23,795538,0017
Antrim13£15,936656,79630
Ards5£10,615951,8298
Armagh7£13,476764,2683
Ballymena10£15,582753,21610
Ballymoney7£15,445665,38312
Banbridge1£10,995996,0002
Barking & Dagenham - Greater London4£10,1601066,29611
Barnet - Greater London4£17,370633,2397
Bedfordshire132£13,546863,586230
Belfast36£20,295438,30088
Berkshire82£13,637959,534137
Blaenau Gwent14£12,798767,9326
Brent - Greater London10£15,1721157,17810
Bristol117£14,917852,425173
Bromley - Greater London45£22,060324,21068
Buckinghamshire87£15,430759,359172
Cambridgeshire165£14,908760,639301
Cardiff4£24,763536,81213
Carmarthenshire2£13,495764,5946
Carrickfergus10£16,309556,23015
Ceredigion5£15,495656,2497
Cheshire181£17,762651,058403
City of Edinburgh42£17,553747,33195
City of London - Greater London35£15,178752,09357
Clackmannanshire1£24,998320,1693
Coleraine16£13,047867,46333
Conwy3£11,3281061,8627
Cookstown3£15,328649,9944
Cornwall22£18,929643,26241
County Durham73£16,596651,853202
Craigavon18£25,259322,40938
Croydon - Greater London31£23,236425,22935
Cumbria15£16,498746,28839
Derbyshire218£18,032641,918463
Derry3£14,880787,3523
Devon68£14,761756,921178
Dorset34£18,334640,83252
Down2£20,145651,4831
Dumfries and Galloway9£21,097425,27023
Dundee City39£19,890532,18354
Dungannon5£14,324756,3538
Ealing - Greater London6£7,4541184,49917
East Ayrshire7£11,140863,91410
East Riding of Yorkshire15£14,042753,05328
East Sussex62£18,532747,68273
Enfield - Greater London16£17,178639,38653
Essex123£15,995754,638248
Falkirk9£11,222857,97524
Fermanagh6£20,478348,0694
Fife33£17,706746,95965
Flintshire32£17,789868,1566
Glasgow City83£20,116536,015242
Gloucestershire54£18,988540,703100
Greater Manchester379£14,894755,931716
Greenwich - Greater London10£24,699213,37513
Gwynedd1£19,950343,6503
Hampshire116£18,731640,815280
Harrow - Greater London9£15,973646,79213
Havering - Greater London70£15,399753,493137
Herefordshire11£20,579433,55635
Hertfordshire127£18,557642,855246
Highland12£23,447325,71441
Hillingdon - Greater London52£13,113856,33483
Hounslow - Greater London15£22,377424,29530
Inverclyde4£8,8721064,1495
Isle of Anglesey1£18,945449,9781
Isle of Wight6£6,0281476,2284
Kent90£14,770750,377174
Kingston upon Thames - Greater London43£24,070319,83765
Lancashire197£15,971751,325395
Larne6£13,063873,814-
Leicestershire117£19,591542,751203
Limavady2£16,995549,5001
Lincolnshire100£18,199541,157258
Magherafelt3£11,980869,6705
Merseyside80£16,932649,637170
Merthyr Tydfil7£13,927762,59414
Merton - Greater London2£9,495687,9573
Midlothian1£9,270868,0001
Monmouthshire3£17,995747,0009
Newham - Greater London3£6,38111113,6302
Newport4£12,436964,59315
Newry and Mourne9£20,327538,0879
Newtownabbey6£16,408543,40314
Norfolk87£17,099641,794170
North Ayrshire19£17,997541,25757
North Down4£11,945766,6528
North Lanarkshire21£13,433747,76350
North Yorkshire63£17,580647,259188
Northamptonshire47£18,201547,621130
Northumberland6£12,931956,51716
Nottinghamshire87£16,742747,891179
Omagh6£20,000553,3116
Oxfordshire21£21,416425,61950
Pembrokeshire1£17,295532,8642
Perth and Kinross13£18,676545,76731
Redbridge - Greater London4£11,809769,9187
Renfrewshire22£19,239530,85548
Rhondda Cynon Taf13£10,458871,71215
Rutland1£9,0001167,3521
Scottish Borders5£20,049436,25411
Shropshire37£21,400544,34983
Somerset53£16,000652,14689
South Ayrshire12£19,423527,20820
South Lanarkshire12£18,984530,08037
South Yorkshire149£16,456654,081356
Staffordshire119£17,895537,838270
Stirling21£22,772424,90247
Strabane3£18,825562,1178
Suffolk46£15,772752,85989
Surrey126£16,135749,133216
Swansea3£12,099856,1287
Torfaen1£13,990845,000-
Tyne and Wear68£15,992653,692186
Warwickshire28£21,532439,09568
West Dunbartonshire3£15,327750,5925
West Lothian12£10,192973,04217
West Midlands229£16,103755,064557
West Sussex54£20,455635,047102
West Yorkshire194£17,408648,395447
Wiltshire105£20,698539,818204
Worcestershire49£18,813646,22182
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