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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
All5,448£16,940649,23111,598
Aberdeenshire62£23,267420,396119
Angus36£21,635432,04492
Ayrshire51£22,095327,73086
Bedfordshire121£13,777869,269229
Berkshire69£18,301745,445205
Blaenau Gwent13£14,240651,01916
Borders3£21,263439,7198
Bridgend7£13,895671,78618
Bristol103£15,462752,274173
Buckinghamshire85£19,000649,943165
Caerphilly9£8,1731093,0689
Cambridgeshire171£16,128755,080266
Cardiff44£19,527539,895113
Carmarthenshire3£17,327547,8778
Ceredigion1£17,995634,9232
Cheshire133£18,845550,890386
Conwy17£17,006656,30730
Cornwall16£22,492427,23745
County Antrim73£17,576549,414172
County Armagh45£22,601437,20252
County Down17£12,498863,41433
County Durham79£14,884757,428187
County Fermanagh6£18,477459,2138
County Londonderry29£14,255767,11538
County Tyrone26£16,924656,64124
Cumbria14£18,757538,70243
Derbyshire186£18,246642,805468
Devon83£16,452650,882157
Dorset39£21,559426,87659
Dumfries & Galloway6£21,330319,16311
Dunbartonshire4£21,448322,0356
East Lothian1£8,74510103,000-
East Riding of Yorkshire42£19,633436,768106
East Sussex62£16,146857,32692
Essex131£15,547752,596266
Falkirk10£20,055433,55930
Fife29£21,057533,59079
Flintshire19£11,0811266,86316
Gloucestershire46£16,438649,66888
Greater London382£17,360642,980713
Greater Manchester351£15,930752,926722
Gwynedd1£8,00010104,7912
Hampshire111£17,783640,837268
Herefordshire13£20,164435,62529
Hertfordshire147£16,093650,098339
Highland19£20,902335,76146
Inverclyde1£17,995434,4325
Isle of Anglesey2£10,970879,6391
Isle of Wight4£9,4201378,2317
Kent85£18,079542,524241
Lanarkshire120£22,272427,598307
Lancashire210£16,120649,992393
Leicestershire70£17,313650,539234
Lincolnshire123£17,799540,835202
Merseyside104£15,833651,779157
Merthyr Tydfil7£12,569774,4577
Midlothian54£18,874539,744122
Monmouthshire3£4,46314103,2178
Moray3£24,895321,7435
Neath Port Talbot5£13,979843,0003
Newport46£18,264649,856118
Norfolk78£18,400641,005130
North Yorkshire80£20,571538,992168
Northamptonshire41£15,967750,990118
Northumberland12£17,228644,31920
Nottinghamshire80£17,255648,958230
Oxfordshire18£16,707647,88454
Pembrokeshire4£9,0621097,1977
Perth & Kinross8£15,529748,08928
Powys1£18,490665,0001
Renfrewshire20£19,498425,42045
Rhondda Cynon Taf12£10,051867,00521
Shropshire42£18,237653,01384
Somerset32£17,790547,13086
South Yorkshire149£16,479654,657336
Staffordshire109£17,231644,318274
Stirling20£22,221426,77961
Suffolk54£17,396645,539122
Surrey135£17,948641,862253
Swansea27£21,060431,77365
Torfaen3£11,195663,0687
Tyne and Wear104£16,938646,722206
Vale of Glamorgan3£10,1431342,3958
Warwickshire35£17,191552,03770
West Lothian23£13,834761,37231
West Midlands245£15,683655,273493
West Sussex34£21,081531,264100
West Yorkshire208£16,958653,909458
Wiltshire82£19,750542,138198
Worcestershire36£19,443535,33884
Wrexham1£12,995836,7806
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