I’m 21 and about to get my first ever BMW. It’s a 2015 328i with 50k miles super well taken care of and have been looking around for insurance quotes and all of them are $200+ full coverage. I understand I’m young but is there anyone out there that happens to know of a car insurance that might be on the cheaper side for a BMW. I know it’s going to be somewhat expensive for a vehicle like this but I can process paying almost the same amount for insurance as the vehicle itself monthly. Any help is wonderful……
Yeah…insurance for a 21 year old on a BMW isn’t going to be cheap. Full stop. For the record, maintenance will run you about twice what a Japanese or American car will cost as well.
Anecdotally, when I got my car my insurance stayed the same. Went from a 2014 Chevy equinox to 2018 540i. $230 a month for both. I assume because of the added anti-theft and safety features.