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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
All5,101£16,708650,23210,280
Aberdeen City43£21,707426,29497
Aberdeenshire22£23,355428,23928
Angus4£23,328429,3636
Antrim11£17,497545,65228
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
Bedfordshire119£14,847761,913228
Belfast40£21,961429,42879
Berkshire55£11,9351064,717142
Blaenau Gwent7£12,126859,85014
Brent - Greater London6£18,1071165,15210
Bristol115£14,612758,124157
Bromley - Greater London9£18,809637,88113
Buckinghamshire88£17,261651,890162
Cambridgeshire142£14,882758,210266
Carmarthenshire4£18,618446,8102
Carrickfergus6£16,591559,50815
Ceredigion2£10,495784,0006
Cheshire191£17,867650,367402
City of Edinburgh50£17,644641,82079
City of London - Greater London21£13,287859,27137
Coleraine16£14,207762,30523
Conwy2£7,4951178,0006
Cookstown3£15,328649,9943
Cornwall17£23,761318,12651
County Durham77£17,634646,151192
Craigavon20£23,768328,76434
Croydon - Greater London16£23,119325,63739
Cumbria15£17,834638,57829
Derbyshire186£18,956640,985458
Devon75£15,380755,008151
Dorset41£18,798640,01448
Down1£16,995660,0001
Dumfries and Galloway8£25,085214,41517
Dundee City39£19,019538,14767
Dungannon7£17,174660,9808
Ealing - Greater London5£6,7151189,38314
East Ayrshire8£10,583867,44610
East Riding of Yorkshire12£13,506758,48020
East Sussex62£19,621743,92667
Enfield - Greater London17£16,596643,05634
Essex100£15,586751,215230
Falkirk9£14,728753,78825
Fermanagh7£19,479355,9859
Fife27£21,160434,36372
Flintshire32£17,789868,1561
Glasgow City89£20,625432,808234
Gloucestershire62£17,296643,24690
Greater Manchester349£15,605753,664730
Hampshire116£18,753641,312244
Harrow - Greater London9£13,501754,32712
Havering - Greater London77£15,024751,672127
Herefordshire13£22,608431,12931
Hertfordshire156£18,601642,781295
Highland16£26,884219,58642
Hillingdon - Greater London36£11,856961,38574
Hounslow - Greater London14£22,101426,24829
Isle of Anglesey1£18,499449,978-
Isle of Wight4£6,6701480,2925
Kent71£16,432643,864182
Kingston upon Thames - Greater London25£26,226215,29049
Lancashire197£16,214650,054379
Larne6£9,979985,0562
Leicestershire96£18,839540,763233
Limavady2£15,745661,5001
Lincolnshire117£19,435537,446225
Lisburn2£8,2201189,50010
Magherafelt4£15,511755,5354
Merseyside82£16,101650,921141
Merthyr Tydfil5£13,879655,39512
Merton - Greater London4£7,4961078,3103
Midlothian1£14,995653,2962
Moray3£21,328637,3626
Newham - Greater London2£4,32215109,1963
Newport2£10,4971175,2446
Newry and Mourne9£19,451548,53311
Newtownabbey7£14,238656,79115
Norfolk89£17,075640,012150
North Ayrshire24£21,406331,05561
North Down5£11,134870,16211
North Lanarkshire20£15,853642,01956
North Yorkshire72£19,793542,668162
Northamptonshire58£15,919653,090112
Northumberland10£17,071644,80017
Nottinghamshire89£18,393543,570182
Omagh8£18,411551,5666
Oxfordshire14£18,442537,10654
Pembrokeshire1£16,199447,914-
Perth and Kinross14£19,071539,84227
Redbridge - Greater London7£9,2081074,73010
Renfrewshire20£20,223427,36550
Rhondda Cynon Taf15£11,852761,95512
Rutland1£5,5001380,8052
Scottish Borders5£18,417550,51310
Shropshire38£20,052547,16362
Somerset43£17,803542,09693
South Ayrshire14£19,076434,78120
South Lanarkshire14£22,996422,77934
South Yorkshire141£16,101655,419367
Staffordshire81£18,055542,538268
Stirling22£22,812324,71540
Strabane4£19,891546,8195
Suffolk39£14,580755,71477
Surrey108£17,639743,259155
Tower Hamlets - Greater London1£11,995684,0001
Tyne and Wear75£16,146651,217153
Warwickshire30£20,298442,74356
West Dunbartonshire3£20,398327,5515
West Lothian12£12,927763,78023
West Midlands274£15,846656,685511
West Sussex49£21,540527,873100
West Yorkshire197£17,667647,960463
Wiltshire102£19,937542,111218
Worcestershire41£18,697640,88175
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