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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
All5,086£16,327652,4589,707
Aberdeen City48£22,317426,457100
Aberdeenshire18£22,490528,04428
Angus3£23,462430,6178
Antrim11£17,505544,19826
Ards6£11,728951,0998
Armagh7£11,469774,0154
Ballymena9£14,672761,56612
Ballymoney6£16,944663,9688
Banbridge1£9,995996,0001
Barking & Dagenham - Greater London8£9,4441072,76413
Barnet - Greater London3£18,410536,7332
Bedfordshire125£14,394764,651217
Belfast43£21,562432,01866
Berkshire66£12,972960,961132
Blaenau Gwent9£10,719966,8159
Brent - Greater London6£18,2071165,15210
Bristol104£14,741857,032151
Bromley - Greater London10£17,311639,91814
Buckinghamshire90£17,223652,873150
Caerphilly1£18,491880,000-
Cambridgeshire160£15,464755,213254
Cardiff1£2,59015136,0593
Carmarthenshire3£16,327553,9202
Carrickfergus7£16,677555,08713
Ceredigion4£10,995878,0004
Cheshire186£18,296649,211372
City of Edinburgh44£16,024648,05981
City of London - Greater London21£13,988857,78735
Coleraine15£13,168763,51219
Conwy3£11,3281061,8624
Cookstown3£15,328649,9943
Cornwall19£22,150425,80349
County Durham77£16,998647,151170
Craigavon20£26,440220,54431
Croydon - Greater London23£23,027325,26532
Cumbria10£16,885648,39237
Derbyshire192£18,032643,362424
Devon68£15,454757,404146
Dorset41£18,726640,98844
Down2£19,773651,483-
Dumfries and Galloway7£23,969318,76418
Dundee City38£18,696539,22555
Dungannon4£15,306761,38610
Ealing - Greater London6£7,6951179,01312
East Ayrshire8£9,497975,20810
East Riding of Yorkshire11£12,863862,56220
East Sussex67£18,609746,76559
Enfield - Greater London15£16,792642,69536
Essex95£15,083754,209227
Falkirk11£12,328859,83022
Fermanagh4£18,296454,2157
Fife29£21,745433,09665
Flintshire32£17,789868,1566
Glasgow City79£21,762428,704228
Gloucestershire58£18,015542,37484
Greater Manchester341£15,711753,452682
Gwynedd1£19,950343,6503
Hampshire137£19,029540,883225
Harrow - Greater London11£16,606644,71210
Havering - Greater London67£15,723752,355127
Herefordshire11£23,190435,39230
Hertfordshire149£18,736641,230280
Highland22£25,336223,92035
Hillingdon - Greater London34£13,031856,18571
Hounslow - Greater London15£22,966422,60325
Inverclyde1£9,998866,0687
Isle of Anglesey1£18,499449,978-
Isle of Wight5£6,5351472,2344
Kent71£15,450648,439172
Kingston upon Thames - Greater London23£26,472214,49452
Lancashire194£15,842751,194362
Larne4£8,60911100,2212
Leicestershire106£19,134541,452205
Limavady2£15,745661,5001
Lincolnshire112£19,046538,468230
Lisburn3£7,3781191,23312
Magherafelt4£15,511755,5355
Merseyside77£17,042550,101130
Merthyr Tydfil6£13,828654,51711
Merton - Greater London3£6,9971079,0402
Midlothian1£9,110868,0101
Moray3£22,162638,4335
Neath Port Talbot1£9,499966,1753
Newham - Greater London2£4,17315109,1963
Newport2£10,4971175,2447
Newry and Mourne9£19,577548,53312
Newtownabbey6£15,946650,50215
Norfolk92£16,680641,663149
North Ayrshire26£21,513330,06256
North Down4£13,794660,16011
North Lanarkshire16£14,340750,77555
North Yorkshire62£20,089540,452153
Northamptonshire50£15,567658,199104
Northumberland11£15,738646,52414
Nottinghamshire86£16,786649,269158
Omagh7£18,576555,1128
Oxfordshire18£18,299436,27150
Pembrokeshire1£16,199447,9141
Perth and Kinross13£19,484543,97322
Redbridge - Greater London6£8,9931082,20710
Renfrewshire22£18,585535,17242
Rhondda Cynon Taf13£12,881762,24111
Rutland1£9,0001167,3521
Scottish Borders6£18,289548,06811
Shropshire38£21,494546,88167
Somerset47£15,839651,04085
South Ayrshire15£18,138536,39918
South Lanarkshire10£21,386424,98639
South Yorkshire152£16,005655,506337
Staffordshire88£18,153541,442256
Stirling24£23,325322,54834
Strabane4£19,891546,8196
Suffolk34£15,347653,36074
Surrey108£18,033742,784157
Swansea1£12,999683,1427
Tower Hamlets - Greater London1£12,495684,0001
Tyne and Wear69£14,801754,865153
Warwickshire28£21,366438,74955
West Dunbartonshire2£13,597857,3516
West Lothian11£11,951761,58221
West Midlands244£16,029656,068498
West Sussex62£21,110530,44687
West Yorkshire203£17,492648,919424
Wiltshire114£18,659643,157183
Worcestershire36£20,484536,71973
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