The BMW 1 Series III, also known as the third-generation BMW 1 Series or 2019–2024 models, is the compact premium hatchback's third chapter from the Bavarian brand. Coded F40 for the hatchback (and F52 for the sedan variant in select markets like China), it was produced from 2019 to 2024. European sales kicked off late 2019, with availability in the US limited to imported or gray-market examples since BMW never officially sold the F40 hatch in North America. Production wrapped up in 2024, giving way to the fourth generation (F70). Built on the front-wheel-drive UKL2 platform—shared with MINI and the BMW 2 Series Gran Coupe—this shift optimized interior space and cut weight.
The design highlights BMW's evolving style: bold front end with oversized "kidney" grille, sleek LED headlights, and sharp body lines. The hatch measures 4319 mm long (-5 mm vs. predecessor), 1799 mm wide (+34 mm), 1434 mm tall (+13 mm), with a 2670 mm wheelbase. Aluminum use helped drop curb weight by about 30 kg (1290–1525 kg range). Power comes from turbocharged engines (gas 1.5–2.0 L, diesel 1.5–2.0 L), paired with 6-speed manual up to 8-speed auto, and front- or xDrive all-wheel drive. Tech highlights include iDrive 7.0 with dual 10.25" displays, "Hey BMW" voice assistant, gesture control, and digital key. Positioned as a fun, tech-loaded urban premium hatch, it rivals the Mercedes A-Class and Audi A3.
What’s New Compared to the Previous Generation
Compared to the second-gen F20 (2011–2019), the F40 brought major shifts for better everyday usability. The switch to front-wheel drive made it more compact and city-friendly, with improved proportions. Interior gains include +42 mm front legroom, +33 mm rear legroom, +19 mm headroom, and trunk space up +20 L (380–1200 L). Body weight dropped 30 kg thanks to aluminum, with drag coefficient 0.26–0.31.
UKL2 platform replaced rear-drive layout, offering standard FWD and optional xDrive. This boosted daily handling and traction, though enthusiasts missed the classic RWD feel. Engines updated to turbo B38 (1.5 I3, 109–140 hp) and B48 (2.0 I4, 184–306 hp) gas, plus B37/B47 diesels (116–190 hp), meeting Euro 6d standards. Tech leaped forward: iDrive 7.0 with voice control, Apple CarPlay/Android Auto, head-up display, auto parking, gestures. M135i xDrive adds limited-slip differential and M Sport brakes.
Comfort improved with better sound insulation, spacious cabin, and options like panoramic roof and ventilated seats. Safety earned 5-star Euro NCAP, with standard collision warning, lane keep assist. Overall, the F40 is more practical, tech-rich, and efficient (fuel economy around 28–50 mpg combined depending on engine), but traded some of the old model's driving purity.
US Market Insights
In the United States, the BMW 1 Series 2019–2024 (F40 hatch) remains a rare, enthusiast-driven import or gray-market find—not officially sold here by BMW. On platforms like Craigslist, Facebook Marketplace, Bring a Trailer, and specialty importers (as of early 2026), listings are scarce, typically 10–30 active at any time, reflecting niche appeal among buyers wanting a modern premium compact hatch with BMW badge.
Used prices range from about $18,000 to $38,000 (realistic market levels for imported examples). Entry-level 2019–2020 models with 60,000+ miles, often 118i or 116d equivalents, sit around $18,000–$24,000. Higher-spec or low-mileage M135i xDrive examples reach $32,000–$38,000. Average transaction price hovers near $26,000–$28,000. Diesels (where imported) appeal for efficiency (around 35–45 mpg highway), suiting long commutes, while gas versions like the 118i/120i thrive in city driving. Enthusiasts chase post-2022 facelift models with updated infotainment. Overall, it's a smart pick for premium hatch shoppers seeking sharp dynamics at a fraction of new luxury car prices.
Main Trims Available in the Market
In markets where available (including US imports), the F40 came in trims like Advantage, Sport, Luxury, M Sport, and the performance-focused M135i—often equipped with cold-weather packages, sport suspension, or enhanced options for varied conditions.
Base Advantage: 1.5L gas/diesel, 6MT/7-speed DCT, LED lights, 16" wheels, climate control, iDrive with 8.8" screen, parking sensors. US imports often include heated seats/mirrors.
Sport: Adds M Sport steering wheel, sport seats, 17" wheels, aero kit, ambient lighting.
Luxury: Leather upholstery, wood/aluminum trim, panoramic roof, 4-zone climate, premium audio.
Top M Sport/M135i: 18–19" wheels, M suspension, limited-slip diff, Bang & Olufsen sound, HUD, gesture control, 360° cameras.
Gas versions dominate US imports, with strong demand for Sport/M Sport trims paired with automatic transmission.
| Trim | Key Features | Engines | Estimated Used Market Price (USD) |
|---|---|---|---|
| Advantage | LED lights, climate control, iDrive 8.8" | 1.5L gas/diesel | $18,000 – $24,000 |
| Sport | M steering wheel, 17" wheels, aero kit | 1.5–2.0L | $24,000 – $30,000 |
| Luxury | Leather, panoramic roof, premium audio | 1.5–2.0L | $26,000 – $33,000 |
| M Sport/M135i | M suspension, HUD, 360° cameras | 2.0L (up to 306 hp) | $32,000 – $38,000 |
Final Verdict
The BMW 1 Series III (2019–2024) suits young professionals, city dwellers, and driving enthusiasts in the US: a compact premium hatch perfect for urban commutes, offering room for 4–5 people but not suited for serious off-road (140 mm ground clearance). Great alternative to small crossovers or for weekend fun (decent trunk for gear).
Reasons to consider one: sharp handling (0–60 mph in 4.8–9.8 seconds depending on model), loaded tech at accessible used prices, strong efficiency (especially gas turbo models around 28–38 mpg combined). Compared to new luxury compacts starting over $45,000, a clean F40 delivers true premium experience for far less.
Buying tips: Check suspension condition (potholes take a toll), turbo health (quality fuel matters), service history (BMW dealer preferred), mileage, and electronics (iDrive glitches). Professional inspection at a BMW specialist is a must. Choose wisely, and the third-gen 1 Series becomes a rewarding long-term companion.
