Insurance cost for a BMW 328i averages $1,448 a year for full coverage, or $121 on a monthly basis. You can expect to pay approximately $21 less each year for BMW 328i insurance compared to the small luxury cars average rate, and $119 less per year than the overall national average of $1,567.
Is a BMW expensive to insure?
As a luxury vehicle manufacturer, BMW models can be expensive to insure. This is because expensive cars usually cost more to repair and replace.
How much is car insurance for a 2006 BMW 325i?
The average cost of insurance for the BMW 325 is $52 a month for standard coverage and $23 a month for minimum coverage.
How much does it cost to insure a 2008 BMW?
2008 BMW 328i insurance cost is $110 a month or $1,320 a year on average.
Is a BMW 3 Series expensive to insure?
Is a BMW 3 Series Expensive to Insure? Auto insurance providers consider many factors when determining rates for a given model. Typically, they charge higher rates to insure more expensive vehicles. Because it’s a fairly expensive car, BMW 3 Series insurance rates are also expensive.
Is BMW insurance cheap?
Are BMW’s Expensive To Insure? Yes, they are more expensive to insure than the average vehicle. So comparatively, they are more expensive. Compared to other luxury vehicles, BMW BMW insurance costs are similar.
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.
Are BMWs expensive to repair?
However, as BMWs are luxury vehicles, they will be more expensive to maintain and repair than other makes and models. BMW owners can expect to pay upwards of $1,000 to $1,700 for overall maintenance and repairs each year.
Is car insurance higher for luxury cars?
Because car insurance is designed to protect your vehicle, the high price of a luxury car inevitably leads to higher insurance costs. For the models included in our survey, the average annual insurance premium for a luxury car was about 18% higher than the cost of insuring a moderately priced sedan.
How much is insurance on a BMW 320i?
BMW 320i car insurance rates average $1,482 a year for full coverage, or $124 a month. Drivers can expect to pay around $64 less per year to insure a BMW 320i compared to the average rate for small luxury cars, and $85 less per year than the overall national average of $1,567.
How much is insurance for a BMW 328i?
Average Monthly Insurance Rates for the BMW 328i Based on the compiled data, Maine has the cheapest insurance at $96 while Georgia has the most expensive insurance premiums of $279. Finder.com notes the average cost as $2413 annually and $201 monthly.
How much is maintenance on a BMW?
On average, BMW owners can expect to pay between $150 to $400 per service every 10,000 miles. A major service can cost $1,000 to $3,000 or more. At the end of the day, owners pay about $1,000 to $1,700 per year for maintenance and repairs – higher than most brands.
Is a BMW 3 series considered a sports car?
Yes! The 2023 BMW 3 Series Sedan performance and design classify it as a sports car. Enjoy the standard BMW 3 Series engine that’s capable of generating 255 horsepower when you get behind the wheel.
Is a BMW 3 series reliable?
J.D. Power has given the 2022 BMW 3 Series a predicted reliability score of 79 out of 100. A predicted reliability score of 91-100 is considered the Best, 81-90 is Great, 70-80 is Average, and 0-69 is Fair and considered below average. The BMW 3 Series comes with a 4-year/50,000-mile warranty.
Are BMWs reliable?
gave BMW a reliability rating of 177 out of 200, placing it 31st out of 40. Meanwhile, Repairpal gave BMW a score of 2.5 out of 5.0, ranking the company 30th out of 32 car brands. This may give the impression that reliable BMWs don’t exist, but like every other German vehicle, BMWs need proper and regular maintenance.
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.
How much is insurance on a 2008 BMW 335i?
BMW 335i insurance cost averages $1,564 per year or around $130 per month, but can vary significantly based on location and driver age. The BMW 335i is one of the more expensive small luxury cars to insure on average, costing $149 more per year when compared to other small luxury cars.
How much does it cost to insure a BMW 5 Series?
The average cost of car insurance for a BMW 5 Series is $1,502 per year, which is $75 more than the national average. BMW 5 Series insurance costs can vary by as much as $731 yearly depending on the insurer.
At what mileage do BMW start having problems?
Although we believe BMW’s are reliable cars there are a few primary issues that plague a vast majority of all BMW’s and BMW engines. A lot of these problems start to develop somewhere in the ballpark of 80,000-120,000 miles.
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.
How long should I keep my BMW?
So, how long do BMWs last? BMWs last for over 15 years when maintained correctly. Well cared-for BMWs will last well over 200,000 miles, and in some cases over 250,000 miles. There have also been reports of some BMWs lasting over 300,000 miles, although this is much rarer.
Is it OK to buy a used BMW?
Many experienced owners and mechanics will tell you to stay far away from used BMWs, especially ones from the last 20 years, or so. They are simply not worth the money you will no doubt have to pour into them. They break easily, the parts are expensive, and the labor costs are astronomical.
Why is BMW oil change so expensive?
Depending on where you go for services, such as either at your local BMW dealership, a certified repair facility or an ASE Certified technician, a BMW oil change typically costs anywhere between $85 and $250+ due to the need for high-performance or a synthetic blend motor oil.
What is the cheapest BMW to maintain?
The 3 Series is generally the cheapest BMW to maintain in the manufacturer’s current lineup, and drivers pay about $748 per year to do so. Some vintage models are also cheap to maintain, like the BMW E28.
Are older cars cheaper to insure?
Are older cars cheaper to insure? Yes, most older cars are cheaper to insure, especially in terms of comprehensive and collision insurance. Cars lose value as they age, so the potential insurance payouts after an accident drop as well. This is not the case with many classic or collector cars.