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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.

5,989 cars

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
All5,806£16,935648,07811,429
Aberdeenshire56£23,266324,397159
Angus36£20,042433,96083
Ayrshire44£23,269222,61089
Bedfordshire152£13,815864,971206
Berkshire79£17,227745,475179
Blaenau Gwent7£10,397863,67013
Borders2£18,149453,9226
Bridgend11£11,023875,70318
Bristol101£14,021758,538161
Buckinghamshire103£17,003751,173160
Caerphilly12£9,6611083,31010
Cambridgeshire181£15,550756,311267
Cardiff42£18,858541,78299
Carmarthenshire4£22,243332,1048
Cheshire142£19,620545,352384
Conwy21£17,878655,32330
Cornwall21£19,304530,68131
County Antrim83£19,667440,186166
County Armagh53£20,019440,79669
County Down11£12,121959,03139
County Durham89£17,222649,534201
County Fermanagh6£18,293452,6826
County Londonderry43£14,352664,41135
County Tyrone24£16,610553,33024
Cumbria16£18,385642,00739
Denbighshire1£22,495423,900-
Derbyshire191£18,286643,923456
Devon97£18,308645,253169
Dorset34£17,508644,07372
Dumfries & Galloway4£18,972424,95812
Dunbartonshire2£21,498531,8367
East Riding of Yorkshire38£19,446433,86189
East Sussex67£16,575854,80297
Essex166£15,788751,084240
Falkirk6£15,136659,95134
Fife24£23,309429,43776
Flintshire21£11,9631162,82719
Gloucestershire71£18,770441,18293
Greater London390£17,623641,432688
Greater Manchester360£16,512650,854666
Gwynedd1£7,50010104,7914
Hampshire126£16,938748,028273
Herefordshire16£19,705431,35434
Hertfordshire144£17,197646,407338
Highland22£23,797324,99452
Inverclyde2£13,997631,558-
Isle of Anglesey1£3,99511109,3002
Isle of Wight2£11,8451067,0635
Kent107£18,130537,723247
Lanarkshire137£21,627430,755290
Lancashire229£14,865753,223392
Leicestershire74£17,557546,575214
Lincolnshire113£18,605437,448217
Merseyside112£15,952650,848173
Merthyr Tydfil8£12,578771,0237
Midlothian41£23,189326,060134
Monmouthshire4£3,89514108,19511
Moray7£22,096333,9606
Neath Port Talbot5£15,579643,5003
Newport44£18,245648,436119
Norfolk101£17,802644,156143
North Yorkshire89£20,379537,260174
Northamptonshire51£18,770540,924118
Northumberland13£15,187652,14923
Nottinghamshire82£16,876545,684210
Oxfordshire23£18,953434,86244
Pembrokeshire5£12,681764,45710
Perth & Kinross9£14,159655,09123
Powys1£23,490422,0503
Renfrewshire19£20,053327,97249
Rhondda Cynon Taf16£10,705867,16618
Shropshire43£19,488542,62583
Somerset50£18,656537,56880
South Yorkshire154£16,935652,292317
Staffordshire135£17,625543,613287
Stirling19£20,985326,28658
Suffolk50£16,870545,468122
Surrey163£16,138749,191256
Swansea26£21,122430,68065
Torfaen2£6,0731285,6157
Tyne and Wear115£17,024544,960203
Vale of Glamorgan2£13,2351060,3749
Warwickshire31£17,797546,99572
West Lothian14£10,537880,78634
West Midlands216£15,088757,718517
West Sussex42£19,442532,03386
West Yorkshire192£17,290649,930438
Wiltshire104£19,191537,585181
Worcestershire31£19,227539,55773
Wrexham2£14,895740,1405
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