Based on average costs, insurance for a BMW 3 Series is more expensive than other car models. These higher premiums are due to high repair costs, theft rates and overall value.
How much is insurance for a BMW 320i?
BMW 320i car insurance rates average $1,482 a year for full coverage, or $124 a month. Drivers can expect to pay around $64 less per year to insure a BMW 320i compared to the average rate for small luxury cars, and $85 less per year than the overall national average of $1,567.
Are BMW expensive to insure UK?
Are BMWs expensive to insure? BMWs are no more expensive to insure than rivals from other premium brands such as Audi and Mercedes. The cheapest models to insure are the 2 Series Gran Coupe and 2 Series Active Tourer which have very few natural rivals.
How much is insurance on a 3 Series?
How much is insurance for a BMW 3 series cars?
Year of Bmw 330i Model |
Average Cost to Insure |
2020 |
$2,018 |
2019 |
$2,175 |
2018 |
$2,147 |
2017 |
$2,093 |
Is a BMW 3 Series expensive to insure? – Related Questions
Is BMW insurance expensive?
Of the eight BMW models chosen for this survey, the cheapest BMW to insure with a full-coverage policy is the BMW X1, at a rate of $2,587 per year. The most expensive BMW model to insure is the i8, at $6,550 per year.
BMW insurance costs by model.
Rank |
Model |
Average annual premium |
7 |
740i |
$5,530 |
8 |
i8 |
$6,550 |
Is insurance more for a BMW?
At an average of $1,780 per year, a BMW is expensive to insure compared to other makes and brands. Even so, car insurance rates can still change depending on your actual BMW model. To get different pricing options for various drivers, MoneyGeek examined all BMW models by model year and driver age.
Is a BMW 3 series considered a sports car?
The BMW 3 Series has been the benchmark for sports sedan performance for over forty years. Starting with the E21 car models, BMW understood the right combination of power, handling, and styling that gave the car it’s now trademark characteristics as a true sports sedan.
How much is insurance on a BMW 330i?
2021 BMW 330i insurance cost is $217 a month or $2,600 a year on average. 2022 BMW 330i insurance cost is $236 a month or $2,832 a year on average.
How much is insurance for a BMW 328i?
In comparison, information from insuraviz notes the average annual cost for full coverage of a BMW 328i is $1538 with monthly costs of $128 based on data from 2013-2016.
Does BMW need BMW serviced?
Well, the short answer is: yes, you can take your BMW to any mechanic you want for service and oil changes. Now, there’s a little more to it than just that, but, all in all, you are not required to ever go back to the BMW dealer if you don’t want to.
How much does it cost to insure a BMW 5 Series?
The average cost of car insurance for a BMW 5 Series is $1,502 per year, which is $75 more than the national average. BMW 5 Series insurance costs can vary by as much as $731 yearly depending on the insurer.
Are BMW’s expensive to own?
Along with these varying reliability ratings, BMW does come in as the most expensive brand to maintain. In fact, BMW owners can expect to pay an average of $17,800 over 10 years of ownership. This places BMW at over $4,900 more than the next most expensive brand, Mercedes-Benz.
Is car insurance higher for luxury cars?
Because car insurance is designed to protect your vehicle, the high price of a luxury car inevitably leads to higher insurance costs. For the models included in our survey, the average annual insurance premium for a luxury car was about 18% higher than the cost of insuring a moderately priced sedan.
Are BMW 5 Series expensive to maintain?
A BMW 5 Series will cost about $13,530 for maintenance and repairs during its first 10 years of service. This is more than the industry average for luxury sedan models by $1,569. There is also a 40.39% chance that a 5 Series will require a major repair during that time.
Is buying a BMW worth it?
BMWs are worth the money because they’re high-performance luxury cars that offer great interiors, a refined ride, high levels of comfort and some of the best tech features on the market. BMW is synonymous with high status and their vehicles deliver a driving experience that’s difficult to match.
What is the cheapest car to maintain?
The Least Expensive Cars to Maintain
Rank |
Model |
10 Year Maintenance Cost |
1 |
Toyota Prius |
$4,008 |
2 |
Toyota Yaris |
$4,027 |
3 |
Toyota Corolla |
$4,087 |
4 |
Toyota Prius Prime |
$4,098 |
How much is an oil change on a BMW 5 Series?
The Best in Auto Repair
The average cost for a BMW 535i oil change is between $194 and $225. Labor costs are estimated between $44 and $56 while parts are priced between $150 and $169.
How much is a BMW tire?
A common BMW tire is going to set you back anywhere between $150 and $350 per tire depending on the brand, the model, and availability. You can also go for a budget tire that is likely going to cost closer to $100, yet you can also go for high-end performance tires that can go for even $500.
How many miles should a BMW last?
Almost any BMW has the potential to run for up to 200,000 or even 250,000 miles with proper maintenance–and there are always going to be outliers that go further. Since every new BMW includes complimentary factory-recommended maintenance through BMW Ultimate Care, it’s easy to start off on the right foot.
What kind of gas does a BMW take?
No matter your model, BMW recommends using only premium-unleaded fuel. That’s not to say your BMW won’t run on lower-grade fuel, but premium-unleaded fuel will maintain its quality in the long run, letting you drive at peak performance consistently.