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

Used BMW X1 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 X1 on finance

The BMW X1 is a luxurious compact SUV, combining style with practicality. If you're considering acquiring a used model through finance, here’s a guide to help you navigate through the process.

1. Before You Begin:

  • Budgeting: Define your budget clearly including down payment and monthly installments.
  • Credit Check: Know your credit score; it will influence your loan terms.
  • Select a Model: Choose the X1 variant and year that best suits your needs.
  • Vehicle Inspection: Ensure the car is thoroughly inspected and check its history report.

2. Understanding Financing Options:

a. Bank Loan
  • Pros: Likely lower interest with good credit.
  • Cons: Possible stringent approval conditions.
b. Hire Purchase (HP)
  • Pros: Simple, with no mileage limits.
  • Cons: The car is not yours until the last payment.
c. Personal Contract Purchase (PCP)
  • Pros: Lower monthly payments, flexible end-of-contract options.
  • Cons: Mileage restrictions and might be more expensive in the long run.
d. Dealer Financing
  • Pros: Convenient, may offer promotional rates.
  • Cons: May carry higher interest rates.
e. Peer-to-peer Lending (P2P)
  • Pros: Can be straightforward and may offer competitive rates.
  • Cons: Can depend heavily on credit score.
f. Leasing
  • Pros: Drive without worrying about ownership.
  • Cons: No option to own, and typically comes with mileage limits.

3. Making the Purchase:

a. Choosing a Seller
  • Opt for a reliable dealer or private seller.
b. Negotiating
  • Don't be afraid to negotiate the price.
c. Finalizing the Deal
  • Read through the financial agreement cautiously, ensuring all terms are clear.
d. Insurance
  • Secure an insurance policy before driving away.

4. Post-purchase Care:

  • Maintain Your Car: Keep up with regular maintenance.
  • Manage Your Loan: Ensure timely payments of your monthly dues.

Additional Tips:

  • Total Cost Awareness: Be mindful of the total amount payable across the loan tenure.
  • Depreciation: Bear in mind cars depreciate, so choose a model that retains value well.
  • Warranties: Check for existing warranties and consider purchasing additional coverage.
  • Early Repayment: Check if there are any penalties for early repayment.

Conclusion:

Financing a used BMW X1 demands careful planning and adherence to your financial capacities. Explore all available financing options, conduct diligent checks on the vehicle, and ensure the terms of the deal align with your fiscal health. It’s prudent to consult with financial or automotive experts for tailored advice during this process.

About the BMW X1

The BMW X1 stands as a testament to the German automaker's expertise in crafting vehicles that combine luxury with practicality. Positioned in the competitive compact SUV segment, the X1 offers an ideal mix of performance, comfort, and advanced features. In this article, we spotlight the characteristics that set the X1 apart, highlight its competitors, and elucidate the benefits of opting for finance when acquiring this esteemed model.

Highlights of the BMW X1:

  • Signature Design: Bearing the iconic kidney grille and angular headlights, the X1's design is unmistakably BMW, reflecting sophistication and dynamism.
  • Performance Dynamics: Available in both petrol and diesel engines, the X1 ensures a thrilling drive, balanced with commendable fuel efficiency.
  • Luxurious Cabin: The interior boasts high-quality materials, spacious seating arrangements, and a state-of-the-art infotainment system with integrated smartphone capabilities.
  • Safety and Tech: With an array of advanced safety features, including lane departure warning and collision mitigation, the X1 prioritizes driver and passenger safety. Its tech suite further enhances the driving experience with navigation, connectivity, and entertainment options.

Eyeing the Competition:

While the BMW X1 makes a formidable case, it competes in a segment bustling with noteworthy rivals:

  • Audi Q3: Known for its blend of performance and luxury, the Q3 is a direct competitor with a robust tech interface and plush interiors.
  • Mercedes-Benz GLA: Offering an elegant design and refined cabin, the GLA is a luxury compact SUV that commands attention.
  • Volvo XC40: Celebrated for its safety features and Scandinavian design, the XC40 is a strong contender in the segment.
  • Jaguar E-PACE: With sporty aesthetics and dynamic driving capabilities, the E-PACE presents an exciting alternative for potential buyers.

Conclusion:

For those in pursuit of luxury, performance, and a compact design, the BMW X1 emerges as a top pick. When combined with the benefits of financing, the proposition of driving this luxury SUV becomes all the more irresistible. Representing BMW's commitment to excellence, the X1 is a standout in the crowded compact SUV arena.

Buying Guide

Want to find out everything about all X1 models, pros and cons, what to look out for and everything else you need to know? Check out our BMW X1 buying guide here.

BMW X1 Data by County

BMW X1 data for the amount in stock, average price, age and mileage throughout the UK and by county.

CountyStockAvg PriceAvg AgeAvg MileageRecent Sales
All1,938£20,351646,2393,346
Aberdeen City13£28,969424,40430
Aberdeenshire2£13,495857,7626
Antrim2£23,699437,3632
Ards2£11,3701052,1528
Ballymena3£17,982864,1674
Banbridge1£16,490651,2142
Barking & Dagenham - Greater London4£11,664967,2845
Bedfordshire53£15,982763,08964
Belfast28£31,031322,33632
Berkshire16£14,918861,65033
Blaenau Gwent1£8,995975,0001
Bristol34£19,679750,54444
Bromley - Greater London5£24,178447,3939
Buckinghamshire41£23,211544,79665
Cambridgeshire40£17,307762,08994
Cardiff1£24,499429,1862
Ceredigion3£19,725642,3472
Cheshire67£23,306547,079110
City of Edinburgh19£19,264754,03831
City of London - Greater London7£14,677947,90011
Coleraine5£19,523554,2843
Conwy2£7,4951296,0005
Cornwall16£27,463423,28514
County Durham26£20,939638,79962
Craigavon21£33,921320,27719
Croydon - Greater London9£16,069760,42019
Cumbria9£14,762854,76716
Derbyshire44£21,004539,658112
Devon42£23,868742,99464
Dorset10£25,408520,71118
Dumfries and Galloway2£23,147432,5703
Dundee City12£24,748536,68816
Dungannon8£14,661985,7275
Ealing - Greater London1£9,850357,4002
East Ayrshire3£12,818754,1786
East Lothian2£14,997647,5491
East Riding of Yorkshire1£14,241741,0734
East Sussex24£20,649748,69525
Enfield - Greater London14£22,823533,4899
Essex39£21,798542,26086
Falkirk5£17,754660,4045
Fermanagh1£35,99519,100-
Fife10£20,687638,60221
Glasgow City42£27,136427,91072
Gloucestershire28£29,694330,23930
Greater Manchester126£20,391646,857225
Hampshire44£25,281438,71281
Harrow - Greater London14£22,958522,9663
Havering - Greater London27£18,276746,20049
Herefordshire11£27,248431,04512
Hertfordshire49£22,550537,80984
Highland6£29,897417,06810
Hillingdon - Greater London15£22,270537,96323
Hounslow - Greater London13£30,544321,0907
Isle of Wight2£10,6951153,5002
Kent34£20,204647,70589
Kingston upon Thames - Greater London7£30,214317,60812
Lancashire68£19,100651,387101
Leicestershire27£17,429656,33377
Lincolnshire36£22,937536,211101
Lisburn1£32,49514,6675
Magherafelt2£15,600760,0001
Merseyside32£21,547547,47354
Merthyr Tydfil3£12,768990,9511
Merton - Greater London1£9,995878,4613
Midlothian1£19,995511,589-
Moray4£20,872529,7061
Newham - Greater London1£8,4987133,200-
Newport4£11,045983,7332
Newry and Mourne5£20,162549,7264
Newtownabbey2£13,895865,4438
Norfolk33£25,769432,69254
North Ayrshire4£37,57217,27611
North Lanarkshire1£13,920937,9633
North Yorkshire35£20,988544,74447
Northamptonshire21£17,695754,55330
Northumberland2£13,4991471,8349
Nottinghamshire30£22,247538,08649
Oxfordshire7£15,796842,94533
Perth and Kinross12£24,111531,22413
Redbridge - Greater London8£13,678869,7175
Renfrewshire5£23,728519,3837
Rhondda Cynon Taf1£7,4951098,9465
Scottish Borders1£15,149758,6514
Shropshire14£24,409632,53929
Somerset29£19,466649,72333
South Ayrshire3£25,498422,2443
South Lanarkshire10£30,895316,52015
South Yorkshire52£22,214551,46583
Staffordshire44£22,540538,05492
Stirling9£23,835442,60112
Strabane2£30,750380,000-
Suffolk17£20,573644,20831
Surrey42£17,279846,93092
The Vale of Glamorgan1£10,999872,000-
Tyne and Wear13£17,535754,46752
Warwickshire19£21,207544,94536
West Lothian5£16,710740,8104
West Midlands127£21,531648,588172
West Sussex12£21,878633,39230
West Yorkshire71£24,389535,116147
Wiltshire34£25,378534,70982
Worcestershire21£18,697750,04636
Add postcode for better results.