Get a Carsnitch Report for Free Owner, price, MOT & dealer.

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
All5,544£16,923649,48211,556
Aberdeenshire61£23,414420,720123
Angus38£22,230430,20389
Ayrshire49£20,244331,66483
Bedfordshire123£13,716868,459233
Berkshire72£18,494746,096200
Blaenau Gwent13£14,240651,01916
Borders3£21,263439,7198
Bridgend8£13,339773,46519
Bristol106£15,057754,642171
Buckinghamshire83£19,485648,098166
Caerphilly9£8,1731093,0689
Cambridgeshire167£16,338753,909266
Cardiff48£19,993537,103108
Carmarthenshire3£13,993668,0447
Ceredigion1£17,995634,9232
Cheshire132£19,017549,478396
Conwy16£16,932661,05331
Cornwall16£22,804423,71447
County Antrim73£17,851549,860176
County Armagh45£22,445337,60950
County Down19£12,550860,52735
County Durham82£15,094756,638185
County Fermanagh6£18,477459,2139
County Londonderry29£14,858666,41635
County Tyrone23£16,320658,53728
Cumbria14£18,521542,17339
Derbyshire193£18,132645,158450
Devon77£15,936753,648158
Dorset37£21,073428,57359
Dumfries & Galloway7£22,197319,78610
Dunbartonshire5£20,158330,9474
East Lothian1£8,74510103,000-
East Riding of Yorkshire42£19,951435,91399
East Sussex59£16,116858,04092
Essex137£15,512752,850266
Falkirk12£19,419537,57627
Fife34£21,166532,58976
Flintshire21£11,9991165,94816
Gloucestershire45£16,648649,29891
Greater London383£17,477642,464706
Greater Manchester370£15,781754,086718
Gwynedd1£8,00010104,7912
Hampshire113£17,834639,636266
Herefordshire12£20,098437,01230
Hertfordshire150£16,262749,530340
Highland20£22,112332,11243
Inverclyde1£17,995434,4325
Isle of Anglesey2£10,720879,6391
Isle of Wight4£9,4201378,2317
Kent84£18,546540,758242
Lanarkshire104£20,533431,269314
Lancashire207£15,953651,227396
Leicestershire78£17,567648,542235
Lincolnshire124£17,974539,948206
Merseyside105£15,964649,762151
Merthyr Tydfil7£12,569774,4578
Midlothian57£18,729639,548122
Monmouthshire3£4,46314103,2178
Moray3£24,895321,7435
Neath Port Talbot4£14,974743,0003
Newport52£18,476548,059114
Norfolk82£18,061641,447129
North Yorkshire86£20,557539,877166
Northamptonshire43£16,194650,453117
Northumberland11£18,203540,10719
Nottinghamshire87£17,009649,637220
Oxfordshire24£16,324647,77749
Pembrokeshire4£9,0621097,1977
Perth & Kinross8£15,529748,08933
Powys1£18,490665,0001
Renfrewshire22£19,384426,31945
Rhondda Cynon Taf9£10,257865,96321
Shropshire43£18,416651,22284
Somerset38£18,485545,33782
South Yorkshire152£15,885657,403336
Staffordshire106£17,350644,574276
Stirling19£23,070323,86359
Suffolk50£17,465544,228123
Surrey147£17,910641,829256
Swansea29£20,901431,48264
Torfaen3£11,228663,0687
Tyne and Wear101£17,099546,372213
Vale of Glamorgan2£9,7151542,6569
Warwickshire37£17,340652,39670
West Lothian23£13,812761,57830
West Midlands249£15,756653,976499
West Sussex36£21,212531,139100
West Yorkshire216£17,524652,030451
Wiltshire83£19,183542,630199
Worcestershire39£19,377535,32984
Wrexham1£12,995836,7806
Add postcode for better results.