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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
All5,111£16,285651,35710,498
Aberdeen City51£22,714422,92890
Aberdeenshire17£22,480528,81630
Angus2£20,095636,9019
Antrim12£15,682656,47825
Ards6£12,511944,5738
Armagh8£12,598771,8423
Ballymena8£14,797854,51612
Ballymoney6£16,944663,96812
Banbridge1£9,995996,0002
Barking & Dagenham - Greater London4£10,747968,92212
Barnet - Greater London3£18,477536,7336
Bedfordshire143£13,358865,104226
Belfast37£22,123431,23684
Berkshire73£12,736961,265144
Blaenau Gwent12£11,597871,1187
Brent - Greater London6£18,0911162,13010
Bristol115£15,122750,883164
Bromley - Greater London9£16,199747,41215
Buckinghamshire90£15,494755,583164
Cambridgeshire162£15,393759,117291
Cardiff1£18,499543,8237
Carmarthenshire3£16,327553,9205
Carrickfergus9£15,682555,50613
Ceredigion3£9,495974,6676
Cheshire182£17,971649,018401
City of Edinburgh43£16,444751,06592
City of London - Greater London23£12,384869,38232
Clackmannanshire1£24,998320,1693
Coleraine15£13,871761,97226
Conwy4£10,8701059,8974
Cookstown3£15,328649,9943
Cornwall22£18,381642,82640
County Durham82£16,682650,038193
Craigavon19£25,427221,99142
Croydon - Greater London28£23,613325,30435
Cumbria14£17,165645,02438
Derbyshire224£18,255642,770448
Derry1£6,49511113,000-
Devon59£15,520754,944163
Dorset39£18,829639,16743
Down2£19,773651,483-
Dumfries and Galloway8£20,485526,85921
Dundee City39£19,340535,74953
Dungannon6£14,936653,5868
Ealing - Greater London6£7,7281182,89314
East Ayrshire8£11,991764,28710
East Riding of Yorkshire10£15,719650,95322
East Sussex65£19,643644,73768
Enfield - Greater London16£17,456638,12253
Essex106£15,364753,065225
Falkirk8£11,258957,68123
Fermanagh6£19,378450,0205
Fife27£19,764639,95667
Flintshire32£17,789868,1566
Glasgow City79£21,019433,683237
Gloucestershire50£17,648645,510101
Greater Manchester342£15,312755,163733
Gwynedd1£19,950343,6503
Hampshire124£18,582641,788251
Harrow - Greater London9£16,598645,43111
Havering - Greater London68£14,733753,032137
Herefordshire12£22,437431,62932
Hertfordshire156£19,353639,590266
Highland14£25,005324,73244
Hillingdon - Greater London46£12,857859,47769
Hounslow - Greater London19£20,100530,29225
Inverclyde4£10,999854,9754
Isle of Anglesey1£18,945449,978-
Isle of Wight6£6,0281476,2283
Kent82£14,425752,251179
Kingston upon Thames - Greater London27£24,147319,87548
Lancashire187£15,731752,258404
Larne4£8,60911100,2212
Leicestershire111£19,022542,143214
Limavady1£17,745553,0002
Lincolnshire98£18,979539,150246
Lisburn2£6,6201188,90112
Magherafelt4£13,573762,1695
Merseyside73£16,621649,713147
Merthyr Tydfil5£13,599761,51714
Merton - Greater London2£8,995687,9573
Midlothian1£9,270868,0001
Moray2£12,245750,1935
Newham - Greater London3£6,11611113,6302
Newport2£10,4971175,2449
Newry and Mourne10£20,312441,11911
Newtownabbey5£15,956644,07814
Norfolk86£17,687538,602163
North Ayrshire18£18,636538,14757
North Down5£11,954763,5088
North Lanarkshire16£13,107848,38455
North Yorkshire59£17,790647,744176
Northamptonshire37£16,175655,236125
Northumberland8£15,184749,53318
Nottinghamshire91£16,834647,239172
Omagh5£20,280549,3747
Oxfordshire22£19,672429,10446
Perth and Kinross14£20,024443,45626
Redbridge - Greater London5£8,3571083,9837
Renfrewshire24£18,865532,73445
Rhondda Cynon Taf14£10,554869,86914
Rutland1£9,0001167,3521
Scottish Borders5£20,049436,35812
Shropshire36£21,359545,53976
Somerset44£16,051653,02498
South Ayrshire11£18,052534,34121
South Lanarkshire13£22,118426,55137
South Yorkshire139£15,852756,211367
Staffordshire106£18,563535,819269
Stirling20£24,325420,64647
Strabane4£19,991450,4317
Suffolk44£14,526758,76888
Surrey95£16,646747,930187
Swansea2£11,999858,1317
Torfaen1£13,990845,000-
Tyne and Wear68£15,553755,463183
Warwickshire29£21,407436,92366
West Dunbartonshire2£13,997857,3516
West Lothian15£13,319758,11419
West Midlands236£15,862755,750543
West Sussex62£20,942532,76796
West Yorkshire195£16,977649,434446
Wiltshire110£20,253539,257198
Worcestershire40£21,405536,08188
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