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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
All5,071£16,686650,57710,165
Aberdeen City44£21,841426,82995
Aberdeenshire19£22,438529,62628
Angus3£23,328430,6176
Antrim11£17,351544,74427
Ards6£14,078744,23410
Armagh7£10,341878,9365
Ballymena12£14,203760,80312
Ballymoney4£17,806658,04310
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London10£11,213962,64013
Barnet - Greater London3£18,410536,7332
Bedfordshire113£14,277865,591230
Belfast41£21,618431,68278
Berkshire62£11,7861064,721133
Blaenau Gwent8£13,835750,51412
Brent - Greater London6£18,1071165,15210
Bristol105£14,834757,097159
Bromley - Greater London8£15,210748,08513
Buckinghamshire91£17,260650,979160
Cambridgeshire148£14,642759,510263
Carmarthenshire4£18,618446,8102
Carrickfergus7£15,885558,96214
Ceredigion2£10,495784,0006
Cheshire194£18,182650,020397
City of Edinburgh43£16,494645,63881
City of London - Greater London20£13,672757,12138
Coleraine16£13,303766,31922
Conwy2£10,995880,5005
Cookstown3£15,328649,9943
Cornwall17£23,230321,32351
County Durham75£17,661645,709183
Craigavon23£26,243220,72230
Croydon - Greater London21£23,168326,07835
Cumbria12£18,606536,04229
Derbyshire182£18,567642,636462
Devon73£15,241756,793148
Dorset43£18,356641,98145
Down2£19,373651,483-
Dumfries and Galloway7£23,969318,76417
Dundee City38£18,639539,09165
Dungannon7£17,174660,9809
Ealing - Greater London5£6,7151189,38314
East Ayrshire9£9,607973,5969
East Riding of Yorkshire10£14,158657,15620
East Sussex62£19,330644,05162
Enfield - Greater London15£16,443643,20836
Essex96£15,563751,539229
Falkirk10£13,155860,67624
Fermanagh6£18,444757,0038
Fife27£20,834437,15369
Flintshire32£17,789868,1566
Glasgow City80£20,222434,919238
Gloucestershire62£16,851645,33589
Greater Manchester358£15,562754,517722
Gwynedd1£18,000343,6503
Hampshire125£18,635641,979237
Harrow - Greater London8£14,439750,88812
Havering - Greater London76£14,557750,522123
Herefordshire13£22,709431,12932
Hertfordshire150£18,333643,635295
Highland21£25,208224,62837
Hillingdon - Greater London34£12,367960,76074
Hounslow - Greater London15£20,784530,66628
Isle of Anglesey1£18,499449,978-
Isle of Wight4£6,6701480,2925
Kent76£15,517646,543177
Kingston upon Thames - Greater London25£26,835213,91451
Lancashire206£16,573649,110366
Larne6£9,979985,0562
Leicestershire97£18,858541,393226
Limavady2£15,745661,5001
Lincolnshire111£19,075538,614232
Lisburn2£8,2201189,50011
Magherafelt4£15,511755,5354
Merseyside84£16,392650,242138
Merthyr Tydfil5£13,879655,39512
Merton - Greater London4£7,4961078,3103
Midlothian1£14,995653,2962
Moray4£19,495740,9715
Newham - Greater London2£4,32215109,1963
Newport2£10,4971175,2446
Newry and Mourne9£19,414548,53311
Newtownabbey6£14,329759,08316
Norfolk84£16,450641,279151
North Ayrshire25£21,106330,54560
North Down3£14,727554,22911
North Lanarkshire17£14,710745,26860
North Yorkshire72£20,264541,581159
Northamptonshire55£15,079757,565113
Northumberland11£16,474645,91416
Nottinghamshire90£17,887546,016176
Omagh8£18,436551,5666
Oxfordshire13£17,209535,99254
Pembrokeshire1£16,199447,914-
Perth and Kinross13£20,268439,97127
Redbridge - Greater London7£9,2791074,73010
Renfrewshire22£19,907428,08448
Rhondda Cynon Taf15£12,016761,95512
Scottish Borders5£18,417550,51310
Shropshire39£19,502652,54267
Somerset47£17,424645,88594
South Ayrshire15£17,911539,59220
South Lanarkshire15£22,716322,99933
South Yorkshire140£15,872655,351363
Staffordshire79£18,056543,630269
Stirling17£22,808325,72241
Strabane4£19,891546,8196
Suffolk36£15,428752,35276
Surrey109£17,717742,427155
Tower Hamlets - Greater London1£11,995684,0001
Tyne and Wear73£16,521650,814153
Warwickshire26£20,529441,36957
West Dunbartonshire3£16,564642,9324
West Lothian9£12,119765,10223
West Midlands268£15,688656,848507
West Sussex53£21,769527,40197
West Yorkshire195£17,727648,639448
Wiltshire104£19,768542,619215
Worcestershire38£19,456538,74176
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