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      03-24-2008, 02:51 PM   #1

Drives: 2011 SG E92 M3, 6MT
Join Date: Feb 2006
Location: Toronto, Ontario, Canada

iTrader: (0)

Why is insurance so expensive for the M3

I am shopping for a car now and am considering the E92 335, the E 92 M3 or an Audi S5. one of the things I always consider is insurance costs so I phoned my agent for quotes today. I asked for the same coverage as I have now (with a $500 deductible) and she also got me a quote for $1,000 deductible on the collison and comprehensive. Here are the results.

E92 335: $500 ded. = $1,952
$1,000 ded = $1,822

E9 M3: $500 ded. = $2,647
$1,000 ded = $2,395

Audi S5: $500 ded. = $2,201
$1,000 ded = $2,017

The S5 is only slightly less expensive a car than the M3 yet is cheaper to insure. I asked and was told the difference was mostly in the comprehensive section. Is the M3 that much more likely to be stolen or vandalized? I was quite surpised by this.

Last edited by goldminer; 03-24-2008 at 03:15 PM.