BMW 1 Series finance

Frequently asked questions

How much is a BMW 1 Series on finance per month?

Finance on a used BMW 1 Series starts from around £142 a month, depending on the price, your deposit and the term. See the representative example on this page for a worked BMW 1 Series deal with the full APR and totals.

Can I get a BMW 1 Series on PCP?

Yes. Personal Contract Purchase (PCP) is available on most used BMW 1 Series listings through our approved dealers. PCP keeps monthly payments lower by deferring a large "optional final payment" to the end; you then choose to pay it and keep the car, hand the car back, or part-exchange. Finance is subject to status and approval.

PCP or HP on a BMW 1 Series — which is better?

Hire Purchase (HP) spreads the whole price (minus deposit) over the term, so you own the 1 Series outright at the end and monthly payments are usually higher. PCP defers part of the value to a final balloon payment, so monthlies are lower but you don't automatically own the car. HP suits high-mileage drivers who want to keep the car; PCP suits lower monthly budgets and shorter ownership. Our PCP-vs-HP guide explains the trade-offs.

Can I get BMW 1 Series finance with bad credit?

Possibly. Some of our approved dealers work with lenders that consider applicants with a poor or limited credit history, though the APR is typically higher and approval is never guaranteed. Finance is always subject to status, income and creditworthiness. See our bad-credit car finance guide before applying.

How much deposit do I need for a BMW 1 Series?

There's no fixed minimum — many BMW 1 Series agreements are available with a small or even zero deposit, subject to status. A larger deposit lowers the amount you borrow and your monthly payments. The representative example on this page shows the deposit used for that specific quote.

How much is a used BMW 1 Series per month on finance?

A used BMW 1 Series could be available from £205 per month. This representative example assumes a £0 deposit, a 60-month HP agreement, and a 13% APR. Finance is subject to status.

What deposit and APR do I need for a used BMW 1 Series?

The representative finance example for the BMW 1 Series is based on a £0 deposit and a 13% APR. Your personal deposit and APR will depend on your credit history and individual affordability assessment.

Should I choose HP or PCP finance for a used BMW 1 Series?

HP (Hire Purchase) means you own the BMW 1 Series outright once all payments are made. PCP (Personal Contract Purchase) typically offers lower monthly payments but involves a balloon payment or returning the car at the end of the term.

Can I get finance on a used BMW 1 Series with the price range shown?

Yes, finance is available for used BMW 1 Series models within the price range of £8495 to £29999. The cheapest monthly option starts from £205, based on a representative example.