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
All1,892£20,407645,8303,367
Aberdeen City11£29,245322,03431
Aberdeenshire2£22,247644,6418
Antrim2£23,874437,3632
Ards2£11,8171052,1528
Ballymena3£18,230864,1674
Banbridge1£16,490651,2142
Barking & Dagenham - Greater London5£13,049862,5743
Bedfordshire47£15,924761,76466
Belfast32£32,261320,74333
Berkshire16£14,859859,65635
Blaenau Gwent1£8,995975,0003
Bristol31£21,908643,45543
Bromley - Greater London6£19,671652,4627
Buckinghamshire45£23,843542,40659
Cambridgeshire38£15,786766,22589
Cardiff2£14,8941048,1441
Carmarthenshire1£12,995969,0242
Ceredigion3£17,247743,4941
Cheshire58£24,101444,155112
City of Edinburgh16£19,467753,32835
City of London - Greater London7£16,996833,72410
Coleraine3£23,063443,5204
Cornwall14£26,073424,83212
County Durham28£23,363532,77457
Craigavon12£34,391319,39121
Croydon - Greater London11£15,710861,49518
Cumbria12£15,385856,09613
Derbyshire40£19,403644,052121
Devon34£24,175637,81268
Dorset11£27,291415,52518
Dumfries and Galloway1£33,998112,6644
Dundee City13£22,999539,53718
Dungannon9£15,208880,1453
Ealing - Greater London1£9,850357,4002
East Ayrshire2£9,247990,3656
East Lothian1£13,895926,490-
East Riding of Yorkshire2£13,148854,6356
East Sussex21£19,756854,15927
Enfield - Greater London12£24,917527,78210
Essex42£20,917643,12983
Falkirk4£12,298872,5126
Fermanagh1£35,99519,100-
Fife13£21,512635,01921
Glasgow City43£26,907430,54166
Gloucestershire22£29,526328,14228
Greater Manchester115£19,710651,347216
Hampshire43£23,948541,64785
Harrow - Greater London11£22,902524,0364
Havering - Greater London27£17,551750,49357
Herefordshire10£32,315320,52717
Hertfordshire47£24,274534,64285
Highland8£20,372732,0505
Hillingdon - Greater London10£21,548643,81122
Hounslow - Greater London12£30,814321,4679
Isle of Wight3£10,6631167,902-
Kent30£19,517643,002100
Kingston upon Thames - Greater London6£24,590630,77214
Lancashire70£19,825647,643106
Leicestershire39£20,452647,21670
Limavady1£19,495548,000-
Lincolnshire49£22,445536,71385
Lisburn1£32,49514,6674
Magherafelt2£15,600760,0002
Merseyside35£19,656652,56354
Merthyr Tydfil3£12,798990,9512
Merton - Greater London1£9,995878,4612
Midlothian1£19,995511,589-
Monmouthshire1£3,9501690,150-
Moray3£22,163528,2971
Newham - Greater London1£8,4987133,200-
Newport3£12,695876,9772
Newry and Mourne6£17,860657,2664
Newtownabbey3£11,747966,7018
Norfolk34£23,161539,49148
North Ayrshire5£38,25718,40510
North Lanarkshire1£14,030937,9633
North Yorkshire33£20,547646,05748
Northamptonshire19£17,618859,52336
Northumberland2£13,4991465,0569
Nottinghamshire29£19,914642,31354
Oxfordshire13£20,755635,03630
Perth and Kinross10£20,755635,78213
Redbridge - Greater London8£13,871861,3755
Renfrewshire4£22,622521,8429
Rhondda Cynon Taf3£5,8961296,5795
Scottish Borders1£15,149758,6514
Shropshire14£24,620634,99729
Somerset29£18,477652,12532
South Ayrshire2£29,748315,1445
South Lanarkshire10£25,945523,16312
South Yorkshire49£23,405443,55195
Staffordshire40£21,960641,12287
Stirling8£26,590439,47515
Strabane2£30,750380,0001
Suffolk17£18,889746,02832
Surrey40£17,674847,43799
Tyne and Wear10£16,058751,86250
Warwickshire20£21,896541,69535
West Dunbartonshire1£37,99803,5815
West Lothian4£15,889747,7634
West Midlands125£21,020650,191184
West Sussex16£24,453530,69529
West Yorkshire69£24,053536,297143
Wiltshire30£25,056535,48080
Worcestershire22£21,386646,53736
Add postcode for better results.