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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.

5,914 cars

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
All5,756£16,913649,09611,497
Aberdeenshire61£23,061421,612120
Angus40£20,916433,75787
Ayrshire48£22,751325,55587
Bedfordshire148£13,709867,126226
Berkshire69£18,309741,116199
Blaenau Gwent12£13,614751,43815
Borders3£21,263439,7196
Bridgend9£12,539770,38418
Bristol110£14,543756,017176
Buckinghamshire88£17,355754,904171
Caerphilly11£9,2211084,1568
Cambridgeshire180£15,978754,018279
Cardiff45£18,466542,693113
Carmarthenshire3£18,427533,8577
Cheshire132£19,468548,346394
Conwy16£18,835544,39532
Cornwall22£20,878534,33140
County Antrim84£18,416543,958166
County Armagh53£21,101438,00249
County Down17£12,173865,30134
County Durham94£16,071652,680188
County Fermanagh6£19,310455,4678
County Londonderry37£13,950767,40236
County Tyrone24£17,568552,37322
Cumbria16£18,761535,96640
Derbyshire194£18,013643,303467
Devon102£16,943747,994154
Dorset30£19,972532,43774
Dumfries & Galloway5£20,697321,51313
Dunbartonshire4£21,248429,3676
East Lothian1£8,74510103,000-
East Riding of Yorkshire33£19,154435,935105
East Sussex65£16,166856,82790
Essex145£15,709650,754266
Falkirk10£16,683646,59032
Fife28£22,651531,29980
Flintshire18£11,1291265,77817
Gloucestershire65£16,452650,05982
Greater London387£17,019642,646703
Greater Manchester354£15,837654,147694
Gwynedd2£13,725760,3492
Hampshire129£18,129640,339273
Herefordshire16£18,982540,86729
Hertfordshire149£17,208647,323345
Highland24£21,410437,79945
Inverclyde1£17,995434,4322
Isle of Anglesey1£3,99511109,3002
Isle of Wight4£9,4201378,2317
Kent106£17,982539,398229
Lanarkshire131£21,884430,970299
Lancashire220£15,926650,929381
Leicestershire66£17,922650,556231
Lincolnshire121£17,415541,459204
Merseyside112£15,924651,362162
Merthyr Tydfil6£11,998874,9508
Midlothian56£18,562639,100133
Monmouthshire4£4,4351498,9788
Moray4£25,170321,5585
Neath Port Talbot4£14,974743,0003
Newport43£17,898649,122122
Norfolk83£17,679644,725124
North Yorkshire93£20,787437,681168
Northamptonshire49£19,073543,200111
Northumberland10£17,841640,69021
Nottinghamshire95£17,485646,121220
Oxfordshire19£17,132544,28852
Pembrokeshire4£6,48611111,4407
Perth & Kinross8£17,016645,98127
Powys1£18,490665,0001
Renfrewshire22£20,943325,63547
Rhondda Cynon Taf11£10,897860,76422
Shropshire35£18,951549,94887
Somerset37£17,848543,87982
South Yorkshire168£16,760651,873316
Staffordshire119£17,260644,306278
Stirling22£22,855324,78365
Suffolk49£17,639543,222126
Surrey146£17,518743,315249
Swansea25£21,225429,42865
Torfaen2£7,0951082,1579
Tyne and Wear109£17,385545,813211
Vale of Glamorgan4£12,4841067,9726
Warwickshire36£18,579546,85969
West Lothian19£13,662761,40336
West Midlands263£16,284651,848479
West Sussex37£21,405427,45297
West Yorkshire201£16,903651,570444
Wiltshire89£20,099538,984197
Worcestershire31£17,338645,26381
Wrexham1£12,995836,7806
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