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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
All5,106£16,488652,17110,068
Aberdeen City47£22,115427,038103
Aberdeenshire18£22,490528,04428
Angus3£23,462430,6178
Antrim11£17,420544,19826
Ards6£12,078956,0199
Armagh8£11,160773,7644
Ballymena9£14,672761,56612
Ballymoney6£16,944663,9688
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London11£10,399966,18213
Barnet - Greater London3£18,410536,7332
Bedfordshire118£14,724762,922228
Belfast45£21,648431,95567
Berkshire62£13,162962,528141
Bexley - Greater London1£12,400865,0001
Blaenau Gwent9£10,719966,8159
Brent - Greater London6£18,2071165,15210
Bristol98£14,943756,428159
Bromley - Greater London10£17,273639,91814
Buckinghamshire92£17,295652,091155
Caerphilly1£18,491880,000-
Cambridgeshire160£15,083757,977261
Cardiff1£2,49015136,0593
Carmarthenshire4£18,618446,8102
Carrickfergus4£16,711552,85216
Ceredigion2£10,495784,0006
Cheshire193£17,863652,026386
City of Edinburgh45£16,261645,99281
City of London - Greater London19£12,976860,63838
Coleraine16£13,872760,08518
Conwy2£12,995961,2945
Cookstown3£15,328649,9943
Cornwall17£22,480324,03851
County Durham73£17,492645,625183
Craigavon20£26,387220,54431
Croydon - Greater London26£23,066325,97633
Cumbria14£17,698644,68735
Derbyshire193£18,086643,821444
Devon66£14,991759,072153
Dorset39£18,754639,99547
Down2£19,773651,483-
Dumfries and Galloway7£23,969318,76418
Dundee City43£19,033537,56457
Dungannon5£15,444659,94310
Ealing - Greater London6£7,6781179,01312
East Ayrshire8£9,497975,20810
East Riding of Yorkshire12£15,541652,82221
East Sussex68£18,616746,55859
Enfield - Greater London17£17,838640,53936
Essex99£15,439751,479233
Falkirk9£12,154866,29524
Fermanagh3£18,965354,7578
Fife27£22,471430,41469
Flintshire32£17,789868,1566
Glasgow City79£21,055431,177233
Gloucestershire58£17,122644,12891
Greater Manchester336£15,488754,946711
Gwynedd1£18,000343,6503
Hampshire132£18,764642,560238
Harrow - Greater London11£16,606644,71210
Havering - Greater London78£15,144749,076127
Herefordshire13£23,034433,98930
Hertfordshire158£18,407643,771285
Highland19£25,342223,66338
Hillingdon - Greater London32£13,098857,16374
Hounslow - Greater London17£22,588424,56126
Isle of Anglesey1£18,499449,978-
Isle of Wight4£6,6701480,2925
Kent75£15,439648,566177
Kingston upon Thames - Greater London28£27,505212,64852
Lancashire201£16,039749,888373
Larne4£8,60911100,2212
Leicestershire101£19,075540,710216
Limavady2£15,745661,5001
Lincolnshire104£18,913538,523240
Lisburn2£8,2201189,50013
Magherafelt4£15,511755,5355
Merseyside85£16,528651,120130
Merthyr Tydfil6£13,828654,51711
Merton - Greater London3£6,9971079,0402
Midlothian2£11,998760,6531
Moray4£19,370740,9714
Newham - Greater London2£4,17315109,1963
Newport2£10,4971175,2447
Newry and Mourne9£19,577548,53312
Newtownabbey7£15,953651,02915
Norfolk92£16,390643,161153
North Ayrshire26£21,917328,86058
North Down3£14,727554,21412
North Lanarkshire17£15,336746,73357
North Yorkshire63£20,565539,918161
Northamptonshire52£15,338758,970111
Northumberland11£15,693646,19614
Nottinghamshire95£18,350543,271167
Omagh7£18,576555,1128
Oxfordshire16£18,062535,56254
Pembrokeshire1£16,199447,9141
Perth and Kinross13£19,007546,90124
Redbridge - Greater London6£8,9931082,20710
Renfrewshire24£19,013534,40043
Rhondda Cynon Taf16£12,565762,51611
Rutland1£9,0001167,3521
Scottish Borders6£18,206548,06811
Shropshire39£21,274549,10370
Somerset44£15,896649,91293
South Ayrshire16£17,942536,81418
South Lanarkshire9£21,073426,62340
South Yorkshire148£16,202653,786352
Staffordshire86£18,835540,521267
Stirling18£24,018321,45339
Strabane4£19,891546,8196
Suffolk36£14,749755,90676
Surrey107£17,938741,843162
Swansea1£12,999683,1427
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear71£15,455753,428155
Warwickshire27£21,847437,96856
West Dunbartonshire2£13,597857,3516
West Lothian8£10,958769,56324
West Midlands257£15,817757,300507
West Sussex58£20,821531,60092
West Yorkshire195£17,523649,685442
Wiltshire113£19,126642,512192
Worcestershire37£20,425536,08275
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