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.
How much is insurance for a BMW 328i?
BMW INSURANCE COST BREAKDOWN BY MODEL
| BMW Model |
Average insurance cost per month |
Average insurance cost per year |
| 328i |
$150 |
$1,800 |
| X1 |
$192 |
$2,300 |
| X2 |
$200 |
$2,383 |
| X3 |
$180 |
$2,150 |
How much is insurance on a BMW 320i?
The average cost of auto insurance for a BMW 3 Series is $1,560 per year.
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.
What is insurance like on a BMW? – Related Questions
Why is BMW insurance so high?
As a luxury vehicle manufacturer, BMW models can be expensive to insure. This is because expensive cars usually cost more to repair and replace.
Is it expensive to own a BMW?
Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota.
Is a BMW a good first car for a teenager UK?
BMWs are definitely not the best choice for beginners. There are far more suitable cars that are cheaper to run and have less power for those who are new to the roads. Whilst there are some BMWs that could be considered a reasonable choice for beginners, the vast majority would cause more trouble than they are worth.
Is BMW car insurance any good?
BMW Car Insurance is 5 Star rated and provides one of the highest quality offerings in the market. OUR FLEXIBLE, MONTHLY PRODUCT. AT A GLANCE.
Why is Audi more expensive than BMW insurance?
Audi cars do tend to be more expensive to insure than average because the they’re premium cars that command higher prices. This means that if you have an accident, they can be more expensive to repair or replace, pushing up your insurance premiums.
Are older BMW expensive to insure?
Now if you’re shopping for BMW car insurance for a pre-owned model, the rates are certainly cheaper. In our research, we found that older BMW models, but not older than 10 years, can be insured for $100-$140 per month.
How long do BMW engines 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.
What is high mileage for a BMW?
What is considered high mileage for a BMW? While most BMW’s can last between 100,000 – 250,000 miles, high mileage is actually considered slightly lower than this. Most dealers will avoid stocking BMW’s that are above 100,000, and some even consider 60-80,000 to be high mileage for these cars.
Is premium gas necessary for BMW?
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.
Do BMWs break down often?
This is higher than the average for newer electric vehicles but as with all data-based reports the total percentage needs to be looked at as a number. The breakdown rate is actually 4.4% of the 16% total faults reported, meaning that, in reality, less than 1% of the total number of new BMW i3 owners are affected.
What happens if I put 87 gas in my BMW?
The short answer is – nothing. Most BMWs can run on regular gas so you aren’t at any risk of causing damage to your brother’s car. When you put regular gas in a BMW as opposed to premium, the car will recognize this and may run with a little less power and less timing but all components will work properly.
Can I put 89 gas in my BMW?
BMW requires 91-octane fuel at a minimum, with 93 recommended, so we did just that, switching between the common forms of premium gas depending on which state you’re in.
What are the pros and cons of owning a BMW?
Read on for a look at the key BMW pros and cons so that you can make an educated decision.
- Quality of Engines and Transmission (Pro)
- Quality of Interior (Pro)
- Foreign Car Manufacturer (Con)
- Less Depreciation Per Year (Pro)
- High Ownership Costs (Con)
- Bottom Line on BMW Pros and Cons.
What gas station is best for BMW?
Because Shell paid more money to be the official fuel recommended by BMW. It’s all about the marketing dollars and has nothing to do with the product being good, bad, or better. I have never had any issues with it and I start with it in my first tank of gas . Throughout my ownership, I never use any other brand.
Is Costco gas good for BMW?
We use Costco gas in all our BMW and other cars. I even use it in my Bmw m8 v8 with twin turbos. It’s perfect and works well. Kirkland Signature gas meets all Top Tier requirements, including Regular, Premium and Diesel.
Does a BMW X5 require premium gas?
Does the BMW X5 require premium gas? To get the very best performance from the X5, BMW officially recommends 93-octane fuel. However, it’s not dangerous to run regular unleaded.