How much does a BMW M3’s auto insurance cost? We analyze the M3’s typical insurance costs to see how they compare to those for the whole sports car market.
- The typical annual cost of insurance for a BMW M3 is $2,110, or $176 per month for full coverage.
- The BMW M3 is one of the more expensive sports cars to insure when compared to other models, costing an extra $181 year on average.
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$275 is the typical M3 insurance cost. However, your chariot can go more cheaply—see quotes from Progressive.
The average monthly cost to insure a BMW M3 is $275.16, or $3,302 yearly, according to vehicle insurance quotes from reputable insurers. Your real charges, however, will vary according on your driving history, car model and year, ZIP code, and many considerations. Depending on the safety features your car has and the insurance you choose, some older models may be less expensive to insure than others.
Facts & Figures About Auto Insurance for Your BMW M3
- The typical monthly insurance premium for a BMW M3 is $24 for minimal coverage and $81 for standard coverage.
- GEICO offers insurance at the most affordable price.
- The 1997 BMW M3 has the most affordable insurance rates, costing an average of $57 per month for regular coverage.
- The 2017 BMW M3, which costs an average of $147 per month for standard coverage insurance, is the BMW M3 that is most costly to insure.
How much does a BMW 5 Series insurance policy cost?
Make sure your auto insurance is priced as affordably as possible. Compare the best quotations
When shopping for auto insurance for your BMW 5 Series, it is advantageous to shop about and compare quotes to make sure you get the best deals. Different insurers may charge you differently depending on your model year and driving history.
Insuring a BMW 5 Series typically costs $1,502 a year, which is $75 more than the national average.
Depending on the provider, the cost of BMW 5 Series insurance might vary by as much as $731 annually.
Depending on the age of your vehicle, the cost of insurance for a BMW 5 Series can vary by as much as $718 annually, with older vehicles often having lower insurance costs.
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.
Are insurance costs for BMW high?
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.
Are Mercedes insurance premiums high?
ValuePenguin reports that the typical annual premium for Mercedes-Benz insurance in 2019 was $2349. However, some drivers only pay $1105 a year. The class and kind of the vehicle are just two of the many variables that affect insurance prices for a Mercedes-Benz.
What is BMW insurance so expensive?
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 an E36’s insurance cost?
It pays to shop around for the best auto insurance for your BMW 3 Series. Even for the identical car, each company will provide a different insurance price. You can find the best price by comparing BMW 3 Series insurance rates from different providers.
The annual average cost of insurance for a BMW 3 Series is $1,560; this is $133 more expensive than the annual average for all automobile models, which is $1,427.
The annual cost of BMW 3 Series insurance might vary by $698 depending on your insurance company.
Depending on the model, the annual rate for a BMW 3 Series might vary by $387. Older vehicles typically have lower insurance costs.
What does a BMW oil change cost?
How much does a BMW oil change cost? BMW oil changes typically cost between $135 and $175, with parts and fluids accounting for roughly $90 to $110 of that total and labor making up the remaining percentage.
Is premium fuel required for a BMW?
No matter what model you have, BMW advises only using premium unleaded fuel. That’s not to say that your BMW won’t run on inferior fuel, but premium unleaded fuel will keep its quality over time, allowing you to constantly drive at peak performance.
Do BMW oil changes cost more money?
Response given by. You are correct! An oil change for a more cheap automobile will often cost between $35 and $75, while an oil change for a BMW will typically cost between $135 and $175. There are three reasons why prices differ: oil type, components, and labor
Can 87 octane fuel be used in a BMW?
The quick response is: NO! We do not advise using subpar fuel in BMWs. When reading the owner’s manual for some models, this might seem like a good alternative, but Triangle Imports doesn’t subscribe to that way of thinking. The potential harm that conventional petrol could do to your car is simply not worth it.
Does BMW require maintenance?
If you’re reading this, it’s likely that you’re looking for information on whether you have to take your BMW to the dealer for maintenance or an oil change. Can I take my BMW to any mechanic? is a question you may have already questioned yourself. In summary, you can take your BMW to whichever mechanic you choose for maintenance and oil changes. There is a little more to it than that, but overall, you are under no need to visit the BMW dealer ever again if you choose not to.
You must keep in mind that not all mechanics are certified to operate on your BMW, even though you have a choice in who does so. Even though all modern cars have four wheels, many of them are very specialized, and sometimes that’s where the similarities between various manufactures end. We’re going to go into the specifics of getting your BMW serviced today, including some warning signs you should watch out for. In the end, we’ll provide you with enough knowledge to locate a skilled BMW mechanic in your neighborhood. Since it’s in their best financial interest to have you return to them for everything, including the needless nitrogen for your tires, you probably won’t hear this information from your BMW dealer.
The dealership industry has a little-known secret: “Service and repair” is their “bread and butter.” They make every effort to prevent you from taking your repairs elsewhere because of this. They advocate against independent mechanics since it will put more money in their own wallets even though they are fully aware that they provide the same services for less money. You need to hear this if you’re still wondering, “Can I take my BMW to any mechanic for service?”
How frequently should a BMW have its oil changed?
They are made to go up to 12,000 or even 15,000 miles between oil changes, or nearly one driving year. Even the owner’s manual for your BMW suggests having your oil changed every 15,000 miles.