Is a BMW expensive to insure?
Is a BMW expensive to insure?
The cost of owning a BMW goes beyond its above-average MSRP. Car insurance for a BMW costs $1,788 per year: 25% more than insurance for a typical car. Since BMW insurance is more expensive than average, you should do your due diligence when shopping for a policy.
What insurance Group is a BMW 325i?
Sport
| Insurance Group | ||
|---|---|---|
| 320d Sport 4d Auto | 29 | How much is it to insure? |
| 320i Sport 4d | 31 | How much is it to insure? |
| 320i Sport 4d Auto | 31 | How much is it to insure? |
| 325i Sport 4d (00) | 33 | How much is it to insure? |
How much is insurance on a BMW Series 3?
The BMW 3 Series has relatively expensive auto insurance rates. The average insurance for BMW 3 Series costs $1,560 per year. The average insurance cost for other car models is only $1,427 annually. However, insurance of a BMW 3 Series is relatively more affordable than the average cost for luxury brands like Tesla.
Are old 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.
What insurance group is BMW 3 Series?
BMW 3 Series insurance groups and tax bands
| Model | Insurance Group | Tax Band |
|---|---|---|
| BMW 3 Series 320i M Sport auto 4d | 30 | G |
| BMW 3 Series 330i Sport Sport Automatic 4d | 32 | H |
| BMW 3 Series 330e SE Sport Automatic 4d | 33 | B |
| BMW 3 Series 330d Sport Sport Automatic 4d | 38 | H |
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.
How much is insurance for a 2007 BMW 335i?
The 2007 BMW 335i 2 Coupe Car equipped with a 6 cylinder engine costs around $1412.13 annually for car insurance, or around $117.68 per month on average. If we compare the cost to insure against the national average of $1,325, this vehicle would be lower to insure.
Why is BMW car insurance so expensive?
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 a BMW 325i a good first car?
A BMW can be a great first car as they have a good safety record and are generally reliable, but the price of owning one must be considered. Newer and higher-end models will be expensive to buy and maintain. However, lower-end models can be relatively inexpensive in the used car market.
How much does insurance cost for a BMW 3 series?
The average insurance costs for a BMW 3 Series is $178 a month, or $2,136 a year. With a base price of $33,450, the annual insurance cost–to–base car price ratio is 6.4%, above the national average of 4%.
Is the BMW 325i cheaper to insure than the Audi A4?
The MSRP of the Audi A4, meanwhile, starts at $44,675. The end result is that most buyers find the BMW 325i and the Audi A4 to be very competitively priced with one another. Typically, cars with a lower MSRP will be cheaper to insure. That’s because they tend to have lower value than cars with a higher MSRP (obviously).
How do I find the right car insurance for MY BMW?
Whichever model you choose, whether it’s a BMW 3 or BMW 1 Series you can find the right cover at a fair price by comparing insurance providers with us. It’s simple enough, all you need to do is take a few minutes to enter some information about yourself and your car and we will take care of the rest.
How reliable is the 2018 BMW 3 series?
According to U.S. News and J.D Power, the 2018 BMW 3 Series received a 3.5/5 star rating for reliability. This is slightly better than most vehicles in its class, but your experience may vary depending on a number of factors. The BMW 3 series has been in production since 1975, but there are very few recalls despite its lengthy production history.
