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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.

6,042 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
All5,856£16,886648,24211,431
Aberdeenshire55£23,299324,131159
Angus36£20,042433,96086
Ayrshire44£23,269222,61091
Bedfordshire153£13,838865,091209
Berkshire77£17,249745,797182
Blaenau Gwent7£10,397863,67013
Borders2£18,149453,9226
Bridgend10£10,576877,12318
Bristol103£14,237757,629160
Buckinghamshire104£17,223750,141160
Caerphilly12£9,6611083,31010
Cambridgeshire182£15,490756,402270
Cardiff44£18,289543,62799
Carmarthenshire4£22,243332,1048
Cheshire139£19,375545,795385
Conwy20£18,622551,15631
Cornwall21£19,304530,68131
County Antrim84£19,627440,063165
County Armagh53£20,019440,79669
County Down11£12,121959,03139
County Durham89£17,205649,514203
County Fermanagh6£18,293452,6826
County Londonderry43£14,352664,41135
County Tyrone24£16,652554,46623
Cumbria17£18,391640,27639
Derbyshire193£18,183644,555455
Devon98£18,198645,472169
Dorset34£17,508644,07372
Dumfries & Galloway4£18,972424,95812
Dunbartonshire2£21,498531,8367
East Riding of Yorkshire39£19,391433,97589
East Sussex69£16,745854,25196
Essex168£15,701750,961238
Falkirk6£15,136659,95134
Fife24£23,309429,43776
Flintshire21£12,0011162,66418
Gloucestershire69£18,931440,93192
Greater London389£17,596641,386687
Greater Manchester363£16,511651,202671
Gwynedd1£7,50010104,7914
Hampshire130£17,275646,567269
Herefordshire16£19,705431,35434
Hertfordshire150£17,265645,680336
Highland23£24,275223,90851
Inverclyde2£13,997631,558-
Isle of Anglesey1£3,99511109,3002
Isle of Wight2£11,8451067,0635
Kent110£17,898538,896249
Lanarkshire138£21,608430,750289
Lancashire229£14,874753,318395
Leicestershire77£17,616546,628212
Lincolnshire114£18,574437,485216
Merseyside114£16,174650,165170
Merthyr Tydfil8£12,578771,0237
Midlothian41£23,189326,060134
Monmouthshire4£3,89514108,19511
Moray7£22,096333,9606
Neath Port Talbot5£15,579643,5003
Newport45£18,096648,973118
Norfolk102£17,842644,028144
North Yorkshire90£20,274537,018176
Northamptonshire51£18,946540,565117
Northumberland13£15,187652,14923
Nottinghamshire82£16,801545,500212
Oxfordshire24£18,909535,00743
Pembrokeshire5£12,681764,45710
Perth & Kinross9£14,181655,09123
Powys1£23,490422,0503
Renfrewshire19£20,053327,97249
Rhondda Cynon Taf16£10,705867,16618
Shropshire44£19,283541,78982
Somerset51£18,746537,23979
South Yorkshire153£16,856652,541318
Staffordshire137£17,775543,078287
Stirling19£20,985326,28659
Suffolk50£16,870545,468122
Surrey164£16,166749,120255
Swansea28£20,760431,04263
Torfaen2£6,0731285,6157
Tyne and Wear116£17,055544,867205
Vale of Glamorgan2£13,2351060,3749
Warwickshire33£18,290545,24872
West Lothian14£10,537880,78635
West Midlands222£15,213757,288512
West Sussex42£19,442532,03386
West Yorkshire194£17,374649,665438
Wiltshire103£19,256537,415183
Worcestershire32£19,322539,33372
Wrexham2£14,895740,1405
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