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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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.
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Strength, effectiveness, and deep pockets
Drivers of all ages enjoy the BMW 3 Series for its performance, power, and presence on the road. It also has a broad appeal because to the variety of body types. It has been produced in coupe, sedan, estate, convertible, and even hatchback variations over the years. Launched in 1986, the M3 has more power than the normal 3 Series, placing it in the category of aspirational sports cars.
You’ll need a lot of money if a BMW 3 Series is your ideal vehicle. They fall within insurance groups 18 to 50, making them not the most affordable vehicles to insure. A 2018 BMW M3 3 liter BiTurbo Competition 4-door, in group 45, costs upwards of PS1,839 to insure per year (and that’s for a low-risk driver!). Others are exorbitantly expensive.
Even though the 3 Series family’s 316d range is typically its most economical model, insurance for even these cars may be well over PS650 per year.
A BMW 3 Series can be expensive to insure, but there are less expensive solutions.
Are BMW’s insurance costs high?
Insurance for a BMW 3 Series is more expensive than insurance for other automobile models, on average. Due of high maintenance costs, theft rates, and overall value, these premiums are higher.
Is insurance for a BMW 3 Series expensive?
View the auto insurance categories for the 2019 BMW 3-Series Saloon. Save money on insurance for the BMW 3-Series Saloon (as of 2019) by visiting Parkers today.
Which BMW 3 Series is the most trustworthy?
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.
The BMW 3 Series is swift.
It should come as no surprise that a luxury Mercedes-Benz can be pricey to insure. Based on the nine models we looked at for this survey, a full-coverage insurance policy for a Mercedes costs an average of $4,505 annually.
Is buying a BMW 3 Series worthwhile?
Although BMW has a reputation for building dependable vehicles, its poor 21st place finish (out of 30 manufacturers) in our 2021 Driver Power customer satisfaction study demonstrates that there are still some areas that need to be improved. In the Driver Power Best cars to own survey, the 3 Series placed 31st overall out of 75 vehicles.
How much does a BMW 330i’s insurance cost?
Expect to spend more for insurance if you are covering a luxury vehicle than you would for a regular vehicle. Insurance prices are greater for luxury cars because they are often more expensive than basic vehicles.
Do you classify a BMW 3 series as a sports car?
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.
A BMW 3 Series should last for how many miles?
Automobiles with greater performance capabilities, opulent interiors, and the newest safety and technological features are categorized as luxury vehicles. In the past, some manufacturers, including Mercedes-Benz, BMW, and Audi, were regarded as producing luxury automobiles.
Which BMW is the most dependable?
What kind of mileage does a BMW have to have? Although the average BMW can travel between 100,000 and 250,000 miles, excessive mileage is actually regarded as being a little less than this. Most dealers won’t carry BMWs with mileage over 100,000, and some even think 60-80,000 is a high mileage range for these vehicles.
Is premium fuel required for a BMW?
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 obligation to return to the BMW dealer if you choose not to.
Does BMW require maintenance?
The typical insurance cost for a 2019 BMW 330i is $213 per month or $2,550 per year. The insurance for a 2020 BMW 330i is $225 per month or $2,700 per year. The typical cost of insurance for a 2021 BMW 330i is $217 per month or $2,600 per year. The typical cost of insurance for a 2022 BMW 330i is $236 per month ($2,832 annually).
Is a BMW a luxury or sport car?
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.
Is a BMW regarded as a luxury vehicle?
Since then, BMW has made a name for itself as a maker of high-end sports cars. The company was founded in 1916, and in 1928 it started making automobiles. BMW started producing luxury sports vehicles in the 1930s.
Do BMWs cost a lot to maintain?
Engine, transmission, rear end, sportier suspension, larger brakes, wheels and tires, body kit or aero package, seats, steering wheel, and interior trim are the typical changes between a m3 and a normal 3. concentrated more on overall performance
Are Mercedes insurance premiums high?
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.
What does a BMW have high mileage?
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.
Are luxury automobile insurance rates higher?
Is maintaining a BMW expensive? Yes, BMW servicing is more expensive than many other manufacturers, whether they are premium or not, once the warranty expires. Over the course of ten years, maintaining a BMW can cost up to $5,000 more than Mercedes-Benzes and $12,000 more than Toyotas.
How many kilometers can a 3 Series travel?
But how far is a BMW 3 Series capable of traveling? When maintained properly, you can anticipate your 3 Series to endure between 200,000 and 250,000 kilometres.