Average BMW 535i insurance cost is $1,816 a year for a full coverage policy. When separated by coverage type, comprehensive (or other-than-collision) coverage costs around $404 a year, collision coverage will cost around $892, and the remaining liability/medical is an estimated $520.
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.
How much is insurance on a BMW 550i?
How much does BMW 550i insurance cost? BMW 550i car insurance rates average $1,814 a year for full coverage, or $151 if paid each month. Plan on paying around $104 more per year to insure a BMW 550i compared to similar vehicles, and $247 more per year than the overall national average of $1,567.
Is a BMW 328i expensive to insurance?
The national average insurance cost for a BMW 328i is $150 a month or $1,800 a year, which makes it the cheapest BMW to insure.
Is a BMW 3 Series expensive to insure?
Based on average costs, insurance for a BMW 3 Series is more expensive than other car models. These higher premiums are due to high repair costs, theft rates and overall value.
Are BMW 5 Series expensive to maintain?
A BMW 5 Series will cost about $13,530 for maintenance and repairs during its first 10 years of service. This is more than the industry average for luxury sedan models by $1,569. There is also a 40.39% chance that a 5 Series will require a major repair during that time.
Are 5 series BMW reliable?
The BMW 5 Series came a respectable 49th out of the top 75 cars in the 2021 Driver Power owner satisfaction survey. Reliability scored well, even if an above-average number of owners (20.8%) reported a problem in the first year of ownership.
How much is a BMW 5 Series oil change?
The Best in Auto Repair The average cost for a BMW 535i oil change is between $194 and $225. Labor costs are estimated between $44 and $56 while parts are priced between $150 and $169.
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 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.
Is a BMW considered a sports car for insurance?
These are fast cars with four doors and more than two seats which often require higher coverage and are usually classified as sports cars for insurance purposes. According to Hot Cars, a few of the most expensive cars to insure are the BMW 4 Series, Mitsubishi Lancer, and the Mercedes Benz S Class.
Is the BMW 3 Series a sports car?
2023 BMW 330i and 330i xDrive Sedans The 330i models combine iconic performance, style, and technology in a compact sports sedan that thrills both drivers and passengers.
How much is insurance on BMW 340i?
How much does BMW 340i car insurance cost? BMW 340i insurance rates average $2,030 annually for full coverage, or $169 monthly.
Do BMWs break down a lot?
Whilst a lot of anecdotal evidence goes into creating the perception that BMWs suffer from problems, one thing is undeniable; the stats show that they are less reliable on average than many other car brands out there. These stats show that it’s not just used BMWs that are unreliable, but new cars can be too.
Is fixing a BMW expensive?
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.
What is high mileage for a BMW?
What is considered high mileage for a BMW? While most BMW’s can last between 100,000 – 250,000 miles, high mileage is actually considered slightly lower than this. Most dealers will avoid stocking BMW’s that are above 100,000, and some even consider 60-80,000 to be high mileage for these cars.
Why are BMW oil changes so expensive?
But why are BMW oil changes so expensive? The short answer to why BMW oil changes are so expensive is that BMWs require high-performance synthetic oil. Labor costs are also very expensive. However, you can save money on a BMW change by doing it yourself.
Is the BMW 535i reliable?
The probability of a repair being a severe or major issue is 16% for the BMW 535i xDrive, compared to an average of 14% for luxury fullsize cars and 12% for all vehicle models.
Is buying a BMW worth it?
BMWs are worth the money because they’re high-performance luxury cars that offer great interiors, a refined ride, high levels of comfort and some of the best tech features on the market. BMW is synonymous with high status and their vehicles deliver a driving experience that’s difficult to match.
How many miles will a BMW 535i last?
The BMW 535i Reliability Rating is 2.5 out of 5.0, which ranks it 18th out of 30 for luxury full size cars. These cars can go 300,000 miles when well maintained. Can a BMW last 200k miles?
Why are used BMW 5 Series so cheap?
Why are used BMWs so cheap? They cost a lot to repair, the market is oversaturated, they have low residual value, and they are competing against new BMW pricing incentives. BMWs might be affordable in their used state, but that doesn’t mean they’re worth the investment. We hope this information was helpful!
What are the common problems with BMW 535i?
- Outside mirror over-folding.
- Power steering hoses leaking.
- Worn tension strut brushings that loosen front suspension.
- Timing chain replacement.
- Fuel pump replacement.
- Water pump replacement.
How much is a tune up on a BMW?
The average BMW tune-up cost is between $200 and $400, but if you need the full service and oil change, this price can go up to over $500. BMW recommends taking your car for a tune-up every 10,000 miles or every year. BMW produces some of the most popular luxury and high-performance vehicles.
How often should a BMW 5 series be serviced?
Servicing your BMW 5 Series As a baseline, we recommend an annual Full Service for all car owners, which can help to reduce breakdowns and maintain a car’s resale value. From the exhaust to the brakes and the power steering fluid, we check all of the elements required to keep your 5 Series performing at its best.
Can I change the oil in my BMW myself?
The DIY – Do It Yourself – option for oil change is a great project for the BMW owner. If you have access to the tools. Fortunately, they are not hard to perform once you get the oil filter cap wrench which runs about $20, if you cannot borrow one from a friend. The tools frequently pay for themselves after a few uses.