The cost of car insurance for the BMW 3 Series is rather high. The annual average cost of insurance for a BMW 3 Series is $1,560. Other car models only have an annual insurance cost of $1,427. The typical cost of insurance for luxury manufacturers like Tesla is considerably higher than that for a BMW 3 Series.
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Your BMW 3 series will cost you $201 on average for insurance. But how low can you set your prices? Check out some rates.
The average monthly cost to insure a BMW 3 Series is $201.15, which equates to $2,413.80 yearly. We obtained automobile insurance quotes from reputable insurance providers. Your real charges, however, will vary according on your driving record, car type, ZIP code, and other elements. And depending on the safety features your car has and the insurer you choose, some older models may cost more to insure than others.
The annual cost of auto insurance for a BMW 3 Series is roughly $2,367.
This is $142 above the national average for models of luxury sedans. Our analysis of vehicle insurance rates is based on a 40-year-old, responsible driver with full coverage, decent credit, and annual mileage of about 13,000 miles. They also disregard any multi-car discounts and assume a single-car insurance on a brand-new automobile.
Age, state, insurance provider, and mileage all have a significant impact on the cost of car insurance. These rates are also influenced by variables like recent accidents, moving infractions, and credit history. The cost of auto insurance for a BMW 3 Series is depicted in the following figure as a result of some of these scenarios.
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For the same coverage, BMW 3 Series insurance costs might vary greatly between carriers.
Get new quotes if you’ve been with your current insurance provider for more than a few years to be sure you’re not overpaying.
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Determine the price of BMW 3 Series insurance with online expert advice.
The average cost of insurance for a BMW 3 series car is $1,825 per year. The national average for other luxury sedans is roughly $38; this is a big premium. Additionally, the typical cost of BMW 3 Series complete coverage is calculated for a 40-year-old driver with a clean driving record, good credit, and a yearly mileage of less than 13,000 miles. The price listed below is for a single auto insurance plan for a brand-new BMW 3 series car. You may make an educated guess as to how much your insurance might cost based on your age.
The cost of insurance for a BMW 3 series for 16-year-old drivers will be the highest, as can be seen from the information above. Additionally, it may differ according on the state in which you reside, the insurer you are dealing with, and the precise number of miles you plan to drive throughout the course of the year. Additionally, the affordability of BMW auto insurance premiums may also depend on your credit score and driving history. However, you must ensure that the coverage levels are sufficient to safeguard your finances from unforeseen events.
Why is BMW insurance so costly?
According to our poll, a 30-year-old male’s annual insurance for a BMW model is $4,049 on average. We gathered insurance prices for eight of BMW’s well-known models over the previous five years in order to calculate the average insurance cost for those vehicles.
As a producer of high-end automobiles, BMW models can be pricey to insure. This is so because repairing and replacing costly cars typically costs more money.
How much does a BMW 330i’s insurance cost?
The cheapest BMW to insure is the 328i, which has an annual insurance cost of $1,800 or $150 per month.
Maine offers the cheapest insurance rates for a BMW 328i, averaging less than $100 per month or just under $1200 per year.
On the other hand, with an average insurance cost of $3,400 a year, or $280 per month, Georgia is the most costly state to insure your BMW 328i.
The cost of insurance for a 2007 BMW 328i for a 30-year-old male driver with a spotless driving record, who served in the military, and who owns a home will be roughly $85 per month or $1,000 per year.
The average insurance cost for a 2011 BMW 328i is $125 per month or $1,500 annually.
The average monthly insurance cost for a 2013 BMW 328i is $130, or $1,550 annually.
How much does a BMW 328i’s insurance cost?
The typical annual insurance premium for a BMW 328i is $1,448; this equates to $121 each month. BMW 328i insurance premiums should be about $21 less annually than the average for small luxury automobiles and $119 less annually than the $1,567 national average.
The bar graph that follows shows how the typical auto insurance prices for a 2016 BMW 328i change depending on the ages of the drivers and the policy deductibles.
Chart Information: The graph displays the average insurance cost for a 2016 BMW 328i after applying safe driver and claim-free discounts. All U.S. states and all BMW 328i trim levels were averaged for the rates for full-coverage insurance. Information last changed on August 30, 2022.
The information below shows the typical annual premiums for a BMW 328i for the model years 2013 to 2016.
Average rates presumptively have a spotless driving record and no accidents for which they were at fault. Rates are averaged across all states in the US, and physical damage deductibles for full coverage are $500. Information last changed on August 30, 2022.
How much does it cost to own a BMW?
Yes, BMW servicing is more expensive than many other manufacturers, whether they are premium or not, once the warranty expires. Over a ten-year period, a BMW may cost $12,000 more to maintain than a Toyota and $5,000 more than a Mercedes-Benz.
Because it’s a German car with specialized parts and technology, maintaining a BMW is pricey. It’s not merely a car to get people from point A to point B; it was designed for driving aficionados. A $400 battery replacement, for instance, might be necessary because the mechanic must register the battery with the engine control module. If not, the battery risk of an early demise since the vehicle won’t “know” how to charge it.
Additionally, the Digital Motor Electronics (DME) system in cars connects countless sensors and controls. A BMW may require a sophisticated method for a simple repair on another vehicle, which increases labor expenses.
Yes, a 3-Series BMW requires pricey maintenance once the manufacturer or certified pre-owned warranty has expired. A used BMW 3-Series typically costs $1,000 to $1,700 per year in maintenance and repairs.
A BMW 328i oil change can cost between $149 and $174, according to RepairPal. Nevertheless, depending on your area and BMW model, you can pay more than that.
Is a BMW’s insurance expensive?
How much does insurance for a BMW cost? The price of a BMW goes beyond its higher-than-average MSRP. BMW car insurance runs $1,788 a year, or 25% more than insurance for a regular vehicle. You should exercise caution when looking for a policy because BMW insurance is more expensive than the average.
How much does a BMW i8 cost to insure?
Make sure your auto insurance is priced as affordably as possible. Compare the best quotations
You should browse around and compare costs to get the greatest deals on BMW i8 insurance. For the same car, different companies offer varying rates. Depending on the model year or your driving history, a different carrier might offer better service.
A typical BMW i8 insurance quote is $2,810 annually, vs $1,428 for the typical automobile type.
Depending on the provider, the cost of BMW i8 insurance might vary by as much as $2,192 annually.
Depending on the model year, BMW i8 insurance costs can vary by up to $562. Older vehicles typically cost less to insure.
Is buying a BMW Series 3 worthwhile?
What Makes the BMW 3 Series Good? The BMW 3 Series is a respectable luxury compact car, yes. Performance, which is still its main selling point, is characterized by assured handling and quick acceleration. The M3, the top model in the series, is designed to be track-ready while the base model has excellent fuel efficiency.
Is the BMW 3 Series an excellent first car?
The 3 Series is BMW’s most popular vehicle. It is a small family or executive car with excellent dynamics and lively handling.
As a safe and useful first vehicle, a BMW 3 series would be a wonderful choice. It has some great safety measures and has superb sight for the driver. However, it wouldn’t be practical for novice drivers with a limited budget.
The combined city and highway mileage for the 2.0L automatic is 30 mpg, which is acceptable.
The 3-series maintains some aspects of an affordable car while projecting a premium aura.
What automobiles stand up to the BMW 3 Series?
Alfa Romeo’s assault on the American market continued with the release of the Stelvio crossover and the 2018 Alfa Romeo Giulia sport sedan, which is offered in three trim levels: base ($38,195), TI ($40,195), and Quadrifoglio ($73,700). The assault started with the small supercar 4C Spider.
The 2.0-liter direct-injected inline four-cylinder engine in the basic and TI has a single turbo, while the 2.9-liter direct-injected V6 in the Quadrifoglio has twin turbochargers. Alfa uses turbochargers to increase the Giulia’s performance. Italian design is everywhere on the Giulia’s exterior, and Milanese materials and motifs are used throughout the inside. Few 3 Series models can cause heartbeats to race as much as the Giulia’s passionate exhaust noise does.
The BMW 3 Series is swift.
The M340i xDrive model of the 2021 BMW 3 Series has a 0-60 mph acceleration time of just 4.4 seconds. The sedan uses a 3.0-liter engine to its best potential to give nonstop fun on each drive, so there will never be a dull drive.
How long is the life of a BMW 3 Series?
When properly maintained and driven cautiously, the BMW 3 Series can endure between 200,000 and 250,000 miles. It will last roughly 13 to 17 years if you drive 15,000 miles per year before needing pricey and uneconomical maintenance. In some cases, the 3 Series can travel up to 300,000 kilometers.