Question: Does insurance go up with BMW?

Will a BMW make my insurance go up?

Because a BMW is considered a luxury car, the cost of insurance will be higher.

Is it expensive to insure a used BMW?

Although they are hardly on the economical end of the price scale, they aren’t exorbitantly expensive to insure either. … If you’re thinking about buying one of these vehicles, you should be aware that the average yearly cost to insure one is $1,966.82, and BMW autos are ranked 30th out of 36 in terms of insurance rates.

Is it more expensive to own a BMW?

Yes, BMW’s maintenance cost after the warranty is more expensive than many other brands – luxury or not. A BMW can cost about $5,000 more to maintain over a 10-year period than a Mercedes-Benz, and $12,000 more than a Toyota. … Maintaining a BMW is expensive because it’s a German car with specialty parts and technology.

How much is insurance for a 2013 BMW?

INSURANCE COST FOR BMW 328I

Year Cost Per Month Cost Per Year
2012 $128 $1,530
2013 $130 $1,550
2014 $133 $1,580
2015 $135 $1,600

Are BMW overpriced?

BMW is an expensive car with marginal reliability

While the pricing varies, it’s understood that BMW vehicles land at the higher end of the price spectrum. … Maintenance, parts, and repairs for these German-made rides make BMWs some of the most expensive cars to own, as well.

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Do BMWs need alot of maintenance?

BMWs cost a lot to maintain

According to Your Mechanic, BMWs are easily the most expensive car brand to maintain. It’s not even a close contest. BMW is in first place, with an average maintenance cost over 10 years of $17,800. In second place was Mercedes-Benz, which had an average 10-year maintenance cost of $12,900.