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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
All5,119£16,432652,2099,917
Aberdeen City47£22,104427,270103
Aberdeenshire18£22,490528,04428
Angus3£23,462430,6178
Antrim11£17,455544,19826
Ards6£12,078956,0199
Armagh7£11,469774,0154
Ballymena9£14,672761,56612
Ballymoney6£16,944663,9688
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London11£10,413966,18213
Barnet - Greater London3£18,410536,7332
Bedfordshire122£14,735762,650223
Belfast42£21,612431,74967
Berkshire65£13,473960,847136
Blaenau Gwent9£10,719966,8159
Brent - Greater London6£18,2071165,15210
Bristol99£14,706857,083156
Bromley - Greater London10£17,273639,91814
Buckinghamshire88£17,286653,800155
Caerphilly1£18,491880,000-
Cambridgeshire164£15,367756,772254
Cardiff1£2,49015136,0593
Carmarthenshire4£18,618446,8102
Carrickfergus6£16,465552,94114
Ceredigion2£10,495784,0006
Cheshire195£17,969651,762378
City of Edinburgh45£16,289645,99281
City of London - Greater London20£13,465859,60736
Coleraine16£13,872760,08518
Conwy2£12,995961,2945
Cookstown3£15,328649,9943
Cornwall18£22,381323,43850
County Durham78£17,261647,747176
Craigavon20£26,437220,54431
Croydon - Greater London27£22,817427,34732
Cumbria14£17,698644,68735
Derbyshire194£18,186643,563439
Devon66£14,919759,391152
Dorset40£18,797639,77646
Down2£19,773651,483-
Dumfries and Galloway7£23,969318,76418
Dundee City42£19,165537,53157
Dungannon5£15,444659,94310
Ealing - Greater London6£7,6951179,01312
East Ayrshire8£9,497975,20810
East Riding of Yorkshire11£12,813862,56320
East Sussex68£18,627746,74759
Enfield - Greater London16£17,234641,43536
Essex95£15,198752,991233
Falkirk9£12,154866,29524
Fermanagh3£18,965354,7578
Fife25£23,137430,15269
Flintshire32£17,789868,1566
Glasgow City79£21,230430,337231
Gloucestershire58£17,484643,48288
Greater Manchester350£15,574754,448692
Gwynedd1£18,000343,6503
Hampshire134£19,130540,563229
Harrow - Greater London11£16,606644,71210
Havering - Greater London75£14,919750,644127
Herefordshire13£23,034433,98930
Hertfordshire149£18,442642,895283
Highland20£25,087224,34337
Hillingdon - Greater London35£12,944856,58071
Hounslow - Greater London18£22,136425,25025
Inverclyde1£9,998866,0687
Isle of Anglesey1£18,499449,978-
Isle of Wight5£6,5351472,2344
Kent74£15,359648,636176
Kingston upon Thames - Greater London28£27,505212,64852
Lancashire195£16,030750,235369
Larne4£8,60911100,2212
Leicestershire107£18,883541,666208
Limavady2£15,745661,5001
Lincolnshire105£19,035538,140238
Lisburn2£8,2201189,50013
Magherafelt4£15,511755,5355
Merseyside85£16,805650,881130
Merthyr Tydfil6£13,828654,51711
Merton - Greater London3£6,9971079,0402
Midlothian1£9,000868,0101
Moray4£19,370740,9714
Newham - Greater London2£4,17315109,1963
Newport2£10,4971175,2447
Newry and Mourne9£19,577548,53312
Newtownabbey6£15,946650,50215
Norfolk92£16,502642,546152
North Ayrshire25£21,614329,67658
North Down3£14,727554,21412
North Lanarkshire15£14,781748,41257
North Yorkshire61£20,451439,252159
Northamptonshire48£15,560659,478110
Northumberland11£15,738646,52414
Nottinghamshire94£18,427542,684164
Omagh7£18,576555,1128
Oxfordshire16£18,368532,74252
Pembrokeshire1£16,199447,9141
Perth and Kinross13£19,023546,90124
Redbridge - Greater London6£8,9931082,20710
Renfrewshire21£18,443536,01343
Rhondda Cynon Taf16£12,565762,51611
Rutland1£9,0001167,3521
Scottish Borders6£18,289548,06811
Shropshire40£21,362548,14068
Somerset43£16,111649,46893
South Ayrshire16£18,067536,81418
South Lanarkshire10£21,386424,98639
South Yorkshire146£16,453653,222347
Staffordshire86£18,808540,005262
Stirling19£23,743322,00439
Strabane4£19,891546,8196
Suffolk34£14,703755,41875
Surrey112£18,171742,432156
Swansea1£12,999683,1427
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear71£15,466753,491154
Warwickshire27£21,895437,96856
West Dunbartonshire2£13,597857,3516
West Lothian10£11,846764,98022
West Midlands246£15,678758,275504
West Sussex59£20,897531,19991
West Yorkshire205£17,519649,880432
Wiltshire116£19,068642,497187
Worcestershire38£20,124536,64074
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