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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
All5,047£16,602650,77310,250
Aberdeen City43£21,793426,16997
Aberdeenshire22£23,355428,23926
Angus4£23,328429,3636
Antrim10£17,857545,91629
Ards10£14,024847,34310
Armagh8£11,085773,7644
Ballymena11£14,812755,04415
Ballymoney5£18,535551,8949
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London9£10,816963,66714
Barnet - Greater London3£18,410536,7332
Bedfordshire114£14,521762,672232
Belfast40£21,961429,42879
Berkshire57£11,7991063,975142
Blaenau Gwent6£10,897966,48715
Brent - Greater London5£20,4711162,98211
Bristol113£14,635758,433155
Bromley - Greater London10£18,928639,82613
Buckinghamshire85£17,303652,252160
Cambridgeshire142£14,816858,849265
Carmarthenshire4£18,618446,8102
Carrickfergus6£16,591559,50814
Ceredigion2£10,495784,0006
Cheshire186£17,993650,234393
City of Edinburgh50£17,730641,78880
City of London - Greater London19£13,802855,32639
Coleraine16£14,207762,30523
Conwy2£7,4951178,0006
Cookstown4£15,328648,0063
Cornwall17£23,072320,36252
County Durham75£17,653646,065192
Craigavon20£23,759328,76434
Croydon - Greater London18£23,044326,16139
Cumbria15£17,834638,57828
Derbyshire191£18,889641,405449
Devon72£15,354755,436149
Dorset38£19,326637,04952
Down1£16,995660,0001
Dumfries and Galloway8£25,085214,41517
Dundee City38£19,388537,13468
Dungannon7£17,174660,9808
Ealing - Greater London5£6,7151189,38314
East Ayrshire6£10,695865,42812
East Riding of Yorkshire12£13,506758,48019
East Sussex59£19,302745,53069
Enfield - Greater London17£16,596643,05634
Essex101£15,529751,212226
Falkirk11£14,670753,40823
Fermanagh7£19,479355,9859
Fife27£21,160434,36371
Flintshire32£17,789868,1561
Glasgow City86£20,370433,309235
Gloucestershire61£17,187643,59789
Greater Manchester342£15,271755,489734
Hampshire115£19,208539,603244
Harrow - Greater London9£13,501754,33312
Havering - Greater London77£14,770753,022128
Herefordshire13£22,608431,12931
Hertfordshire153£18,477642,836292
Highland17£26,891221,10541
Hillingdon - Greater London39£11,712965,25973
Hounslow - Greater London14£22,101426,24828
Isle of Anglesey1£18,499449,978-
Isle of Wight4£6,6701480,2925
Kent69£16,496643,403181
Kingston upon Thames - Greater London22£26,686214,97551
Lancashire198£16,343649,790369
Larne6£9,979985,0562
Leicestershire96£18,760541,027231
Limavady2£15,745661,5001
Lincolnshire116£19,421537,567225
Lisburn3£12,478975,2009
Magherafelt4£15,511755,5353
Merseyside83£16,017651,221138
Merthyr Tydfil5£13,879655,39512
Merton - Greater London4£7,4961078,3103
Midlothian1£14,995653,2962
Moray2£19,995637,2937
Newham - Greater London2£4,32215109,1963
Newport2£10,4971175,2446
Newry and Mourne9£19,451548,53311
Newtownabbey7£14,238656,79115
Norfolk90£17,071640,332150
North Ayrshire24£21,406331,05561
North Down5£11,134870,16311
North Lanarkshire20£15,853642,01955
North Yorkshire75£19,814542,653161
Northamptonshire55£15,998653,234113
Northumberland10£17,071644,80016
Nottinghamshire86£18,341543,644184
Omagh8£18,411551,5666
Oxfordshire13£18,103538,39855
Pembrokeshire1£16,199447,914-
Perth and Kinross16£19,843537,62927
Redbridge - Greater London7£9,0651074,73010
Renfrewshire19£20,074428,22950
Rhondda Cynon Taf14£11,985861,52613
Rutland1£5,5001380,8052
Scottish Borders5£18,417550,51310
Shropshire39£20,089546,55061
Somerset41£17,593542,89196
South Ayrshire12£19,506432,94422
South Lanarkshire12£22,079426,10236
South Yorkshire138£16,038655,933365
Staffordshire78£17,778543,227266
Stirling24£21,853427,76338
Strabane4£19,891546,8195
Suffolk38£14,635756,77179
Surrey106£17,448743,467158
Sutton - Greater London1£1,59511111,5822
Tower Hamlets - Greater London1£11,995684,0001
Tyne and Wear76£16,252650,762154
Warwickshire30£20,298442,74354
West Dunbartonshire3£20,398327,5515
West Lothian11£12,920665,83824
West Midlands269£15,909656,480509
West Sussex48£21,441528,422101
West Yorkshire195£17,622648,259460
Wiltshire104£19,813542,676217
Worcestershire42£18,644640,83174
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