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 £186 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?

Based on current stock, a used BMW 1 Series can be financed from £193 per month. Please note, this is a representative example, and finance is subject to status, with personal rates depending on your credit history.

What deposit and APR do I need?

A representative example would typically require a deposit and APR. However, as we don't have current representative finance figures, we cannot provide these details. Your personal rate will depend on your credit history and affordability.

What's the difference between HP and PCP for a BMW 1 Series?

With Hire Purchase (HP), you own the BMW 1 Series outright after the final payment. With Personal Contract Purchase (PCP), you have options at the end of the agreement: return the car, pay a final balloon payment to own it, or use any equity as a deposit for a new vehicle.

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

Yes, finance is typically available across the full price range of used BMW 1 Series models, from £8294 up to £25999. The monthly payment will vary based on the car's price, deposit, term, and your personal APR.