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
All2,022£20,026645,4483,253
Aberdeen City15£26,153429,01127
Aberdeenshire2£33,497323,1869
Angus2£19,695621,1393
Antrim2£20,875541,8131
Ards5£12,844962,8735
Ballymena5£15,327971,5732
Ballymoney1£5,9501399,205-
Barking & Dagenham - Greater London2£12,468967,2263
Bedfordshire45£16,096757,34456
Belfast33£29,044429,22829
Berkshire15£17,912758,89234
Blaenau Gwent1£8,995975,0002
Bristol37£22,249643,24333
Bromley - Greater London10£22,491539,17119
Buckinghamshire42£22,274647,92150
Caerphilly1£4,79513-2
Cambridgeshire43£15,522764,43994
Cardiff12£30,782325,47426
Ceredigion4£17,444735,8881
Cheshire61£24,726543,74899
City of Edinburgh25£21,548642,66436
City of London - Greater London32£18,233640,50570
Coleraine3£17,063654,5618
Cookstown3£7,94811113,0251
Cornwall17£25,965529,91811
County Durham25£26,697422,32356
Craigavon9£36,212215,98518
Croydon - Greater London10£15,404865,72718
Cumbria13£15,251855,21213
Derbyshire46£19,475639,707116
Derry2£14,195959,521-
Devon41£21,827746,70865
Dorset8£28,665416,54420
Dumfries and Galloway3£21,381535,1983
Dundee City14£22,170635,90813
Dungannon4£20,321652,2193
Ealing - Greater London2£13,665649,2131
East Ayrshire1£11,4901077,1006
East Lothian1£13,895926,490-
East Riding of Yorkshire7£18,623647,06410
East Sussex17£20,609753,92229
Enfield - Greater London8£24,574530,27717
Essex49£15,942855,16978
Falkirk6£12,895971,7976
Fife14£18,275746,44916
Glasgow City44£26,062530,18361
Gloucestershire25£26,015532,45023
Greater Manchester127£18,629651,363210
Greenwich - Greater London3£23,821435,2373
Hammersmith & Fulham - Greater London1£14,9901021,5791
Hampshire53£23,483538,88789
Harrow - Greater London14£20,401733,5935
Havering - Greater London18£18,473855,71922
Herefordshire8£25,785634,83219
Hertfordshire53£22,113538,45881
Highland6£23,747528,5614
Hillingdon - Greater London12£16,401652,86817
Hounslow - Greater London2£29,771317,32012
Isle of Wight2£11,9971058,5001
Kent36£20,726540,52489
Kingston upon Thames - Greater London8£32,371317,35019
Lancashire56£17,815752,835105
Leicestershire31£22,906644,75267
Limavady1£19,495548,000-
Lincolnshire48£21,924540,82471
Lisburn2£22,173644,4112
Magherafelt2£22,950448,5003
Merseyside29£20,574553,21459
Merthyr Tydfil3£13,101990,9511
Merton - Greater London1£11,495893,4851
Midlothian1£20,695511,5891
Monmouthshire2£10,9971160,5602
Moray2£24,747419,5133
Newport5£13,247777,0933
Newry and Mourne4£21,496538,1392
Newtownabbey3£13,313963,2146
Norfolk32£20,034647,63942
North Ayrshire6£33,480318,6038
North Lanarkshire2£9,6751164,4824
North Yorkshire34£21,248643,64237
Northamptonshire15£22,526543,69038
Northumberland3£17,999844,1509
Nottinghamshire30£17,852750,69050
Omagh1£18,950459,181-
Oxfordshire16£24,805531,47527
Pembrokeshire1£12,495468,6261
Perth and Kinross12£23,414529,9607
Redbridge - Greater London6£14,063860,5555
Renfrewshire6£22,748527,8527
Rhondda Cynon Taf3£6,4631189,7313
Richmond upon Thames - Greater London1£15,995636,7002
Shropshire11£25,317634,88231
Somerset21£18,165746,20329
South Ayrshire1£22,998517,9595
South Lanarkshire9£27,473419,1359
South Yorkshire50£21,265543,43097
Staffordshire50£21,378643,36675
Stirling8£27,314434,79419
Strabane2£30,750380,0001
Suffolk26£19,942644,50533
Surrey56£21,969636,449100
Swansea7£31,893220,93413
Tyne and Wear14£14,567857,51446
Warwickshire19£19,779549,06435
West Dunbartonshire1£18,498650,4944
West Lothian4£17,664645,1805
West Midlands120£21,484650,797171
West Sussex14£21,410631,99738
West Yorkshire83£23,082536,821108
Wiltshire36£24,688534,63866
Worcestershire22£18,289755,50237
Add postcode for better results.