Is the BMW i3 expensive to insurance?

On average, compared to the cost of insuring the average car, a BMW i3 is more expensive. Insurance for a BMW i3 is roughly $1,673 per year. This is about $246 more per year compared to the rate for the average car.

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Are BMW expensive to insure?

How much does BMW insurance cost? The cost of owning a BMW goes beyond its above-average MSRP. Car insurance for a BMW costs $1,788 per year: 25% more than insurance for a typical car. Since BMW insurance is more expensive than average, you should do your due diligence when shopping for a policy.

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Is the BMW i3 reliable?

Is a used BMW i3 hatchback reliable? According to our most recent reliability survey, the i3 scored 94.1%, which put it in fourth place in a class of nine electric cars. BMW as a brand finished 13th out of 30 manufacturers – a respectable result.

How long will a BMW i3 last?

BMW offers an eight-year, or 160,000km warranty on its i3 batteries, whichever comes first. And it would appear, at least in this owner's opinion, that BMW's engineers have succeeded in making sure the i3 has a battery that exceeds expectations.

Is the i3 expensive to insure?

The average cost of insuring a BMW i3 is $1,673 per year, which is $246 more than the average insurance rate for most cars. BMW i3 insurance rates can vary by as much as $1,131 per year depending on the company.

Are BMW more expensive to insure?

The cost of owning a BMW goes beyond its above-average MSRP. Car insurance for a BMW costs $1,788 per year: 25% more than insurance for a typical car. Since BMW insurance is more expensive than average, you should do your due diligence when shopping for a policy.

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How much does it cost to charge an i3?

According to the EPA, it takes approximately 22 kWh to fully charge the i3's 18.8 kWh useable capacity (internal charger is ~ 85% efficient), so your cost would be ~$4.59 (assuming $0.2088/kWh).

Is insurance cheaper on a BMW or Mercedes?

Factoring in the cost of insurance could help you make a decision between purchasing either a BMW or a Mercedes-Benz. According to car insurance quotes from Jerry customers, BMWs are a little cheaper to insure than Mercedes-Benz.

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Why does it cost more to insure a BMW?

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.

Is a BMW 328i expensive to insure?

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.

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How long does a BMW i3 last?

Your 2021 BMW i3 battery will ordinarily last between 3 to 5 years, but that can vary greatly depending on type of battery, battery size, weather conditions and driving habits.

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Is BMW i3 expensive to maintain?

BMW i3 Repair: Service and Maintenance Cost. The annual maintenance cost of a BMW i3 is $1,173. Repair and maintenance costs vary depending on age, mileage, location and shop.

How much does it cost to replace BMW i3 battery?

A BMWi3 battery pack with originally 22 kWh of capacity, but with approximately 17.14 kWh of capacity today is selling for $2,500 on ebay. This equates to roughly $145/kWh. In 2016, BMW reported that replacing an i3 battery would cost about $16,000.

How many miles do BMW i3 batteries last?

Early models had an EPA range shy of 100 miles but the i3 is now rated at 153 miles, not including an optional gasoline range extender for maximum flexibility and peace of mind.

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How many miles does a BMW i3 last?

The BMW i3 has an EPA-estimated 153 miles of range. Adding the two-cylinder gas engine range extender drops the electric-only range to 126 miles but raises the overall range to 200 miles. That still trails battery-electric vehicles like the Tesla Model 3 and Chevrolet Bolt.

How much does it cost to replace a BMW i3 battery?

A BMWi3 battery pack with originally 22 kWh of capacity, but with approximately 17.14 kWh of capacity today is selling for $2,500 on ebay. This equates to roughly $145/kWh. In 2016, BMW reported that replacing an i3 battery would cost about $16,000.

How long is the life of a BMW i3 battery?

2021 BMW i3 batteries usually last between 3-5 years, but this is variable depending on driving habits, weather conditions, the type of battery, and more. You can prolong the life of your i3 battery by: Keeping your vehicle stored indoors away from extreme swings in temperature or climate.

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Is BMW i3 a reliable car?

Is a used BMW i3 hatchback reliable? According to our most recent reliability survey, the i3 scored 94.1%, which put it in fourth place in a class of nine electric cars. BMW as a brand finished 13th out of 30 manufacturers – a respectable result.

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