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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
All5,351£16,683649,98810,445
Aberdeen City43£22,127423,88485
Aberdeenshire20£23,660526,90229
Angus3£23,728534,4347
Antrim14£15,683650,68328
Ards5£10,706959,5697
Armagh5£12,468767,0583
Ballymena9£16,047650,12910
Ballymoney7£15,159765,47011
Banbridge2£11,198981,5001
Barking & Dagenham - Greater London3£8,3781173,28010
Barnet - Greater London5£17,834537,1116
Bedfordshire135£13,612863,896214
Belfast32£18,912541,65583
Berkshire73£14,004959,970130
Blaenau Gwent12£11,997871,0836
Brent - Greater London10£15,1731157,17810
Bristol112£15,237751,953170
Bromley - Greater London47£22,371322,96663
Buckinghamshire87£15,588758,952164
Cambridgeshire161£15,095760,056293
Cardiff30£25,787324,63968
Carmarthenshire4£14,245651,8654
Carrickfergus10£17,409652,66615
Ceredigion4£13,870764,6627
Cheshire184£17,651651,475378
City of Edinburgh56£18,894640,98497
City of London - Greater London34£16,177648,77154
Clackmannanshire1£24,998320,1693
Coleraine15£12,224971,15333
Conwy3£11,4281061,8628
Cookstown3£15,328649,9944
Cornwall22£18,495747,48438
County Durham77£16,552651,944192
Craigavon19£24,448324,76936
Croydon - Greater London30£23,803322,02634
Cumbria17£16,127747,43838
Derbyshire207£18,078641,432454
Derry3£14,980787,3523
Devon65£14,885759,580169
Dorset32£18,097642,36351
Down2£20,145651,4831
Dumfries and Galloway6£21,797424,35123
Dundee City37£20,095531,24251
Dungannon8£14,594762,5555
Ealing - Greater London6£7,4881184,49917
East Ayrshire5£13,099662,05810
East Riding of Yorkshire16£16,772544,42626
East Sussex59£17,026853,63969
Enfield - Greater London18£17,821636,94053
Essex126£16,114753,894236
Falkirk9£13,688852,56223
Fermanagh6£21,578443,5593
Fife29£17,448750,95162
Flintshire32£17,789868,1566
Glasgow City81£19,954535,379235
Gloucestershire59£18,754541,36392
Greater Manchester384£14,953755,975693
Greenwich - Greater London11£24,443214,58511
Gwynedd1£19,950343,6503
Hampshire117£19,292539,493310
Harrow - Greater London10£15,276749,34812
Havering - Greater London69£15,181755,853131
Herefordshire12£21,639432,84332
Hertfordshire137£18,659643,457223
Highland13£21,843432,21837
Hillingdon - Greater London51£12,960857,16180
Hounslow - Greater London13£22,836421,18131
Inverclyde4£8,8721064,1495
Isle of Anglesey1£18,945449,9781
Isle of Wight6£6,1121476,2284
Kent84£14,976647,364166
Kingston upon Thames - Greater London42£25,029318,34863
Lancashire209£15,586754,727370
Larne6£13,063873,814-
Leicestershire126£19,866542,405182
Limavady2£16,995549,5001
Lincolnshire89£17,717544,407244
Magherafelt2£13,723864,5565
Merseyside77£16,602650,795163
Merthyr Tydfil8£13,624762,09413
Merton - Greater London1£10,995794,9143
Midlothian1£9,270868,0002
Monmouthshire3£17,995747,0009
Newham - Greater London1£10,4955123,0001
Newport4£13,011761,98914
Newry and Mourne8£20,338539,3399
Newtownabbey8£17,812542,42912
Norfolk87£17,239641,093162
North Ayrshire14£15,311648,30456
North Down4£12,195766,6528
North Lanarkshire17£13,927747,42850
North Yorkshire62£18,462645,101181
Northamptonshire49£17,894647,191124
Northumberland6£14,664745,04414
Nottinghamshire85£16,139748,056168
Omagh7£20,421447,8385
Oxfordshire23£21,432424,62346
Pembrokeshire1£17,295532,8642
Perth and Kinross16£18,149545,72628
Redbridge - Greater London5£10,287791,3546
Renfrewshire19£18,619533,15546
Rhondda Cynon Taf13£10,477871,71216
Rutland1£9,7501167,3521
Scottish Borders5£17,749441,67110
Shropshire41£20,104544,59274
Somerset44£15,858652,82286
South Ayrshire12£19,731525,26218
South Lanarkshire11£19,728431,58033
South Yorkshire161£16,090655,440332
Staffordshire111£17,925536,981259
Stirling16£23,264422,60747
Strabane4£18,868560,5607
Suffolk45£16,805647,22288
Surrey139£17,029746,755213
Swansea10£18,730537,28631
The Vale of Glamorgan1£7,750992,0872
Torfaen1£13,990845,000-
Tower Hamlets - Greater London1£11,995425,000-
Tyne and Wear71£16,129651,348175
Warwickshire27£22,695332,89864
West Dunbartonshire3£15,230750,5925
West Lothian14£9,721976,93315
West Midlands228£15,872756,124531
West Sussex50£19,062639,19596
West Yorkshire201£17,949648,460413
Wiltshire101£20,913537,502195
Worcestershire45£18,642748,89580
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