Insurance Differences Between 335i (or previous car), and M3.

Samifumi · 03-13-2008, 09:14 AM

I've done a search but haven't really found extensive discussion on this topic. So I pose the following questions to all the North American owners who have upgraded (or plan on such) to the 2008 M3: how do your insurance rates compare with your previous car? I am on the fence between an e92 335i and a e92 M3, and I'm just doing my due diligence researching the additional cost differences between the two (MSRP, taxes, tires, gas, maintenance, insurance) to gauge my true interest in the M3 over the 335i.

I believe the differences between a twin-turbo 335i and a V8 M3 would be minimal. I could be wrong though. Your input will help me confirm (or refute) my suspicions. Thanks in advance for your help.

rmmcdaniel · 03-13-2008, 03:33 PM

I've checked and it's about 60% more for me on the M3 vs 335i. I have clean driving record, good credit, etc.

!Xoible · 03-13-2008, 03:49 PM

WOW that sucks

umwolverine · 03-13-2008, 06:22 PM

I got my policy and it's only about $400.00 more a year than my E36. I did have to compare different companies to get this but it was worth it. One company quoted me almost triple than my best offer. Insurance companies are made to rip us off and get away with whatever they can, so check first and make sure you are specific about the coverages on the policy.

///MArdor · 03-13-2008, 07:23 PM

My E92 M3 insurance is less than $400/year difference than my wife's '07 Honda Civic

99bjb00 · 03-24-2008, 03:41 PM

going from an '05 545i to an '08 e90 M3, i was quoted an increase of $51 total over 6 months. my policy is renewed and repriced every 6 months, but we've got mulit-cars & accident free for over 6 years which helps.

goldminer · 03-24-2008, 05:11 PM

Quote:

Originally Posted by Samifumi

I've done a search but haven't really found extensive discussion on this topic. So I pose the following questions to all the North American owners who have upgraded (or plan on such) to the 2008 M3: how do your insurance rates compare with your previous car? I am on the fence between an e92 335i and a e92 M3, and I'm just doing my due diligence researching the additional cost differences between the two (MSRP, taxes, tires, gas, maintenance, insurance) to gauge my true interest in the M3 over the 335i.

I believe the differences between a twin-turbo 335i and a V8 M3 would be minimal. I could be wrong though. Your input will help me confirm (or refute) my suspicions. Thanks in advance for your help.

I started a thread on this today in the Canada section. I got quotes today on an M3, 335 and S5. The M3 was over 30% more expensive the 335. The S5 was in the middle.

http://www.m3post.com/forums/showthr...=1#post2357230

KASM3 · 03-24-2008, 08:02 PM

I have my 06 330xi and 08 M3 on the same policy with the same deductibles and I pay $20.00 more for the M3 vs the 330xi. I was shocked. I am sure if I got the 335 it would be a lot more. Insurance companies(In general) do not like the word Turbo.

alpineweissM3 · 03-24-2008, 08:16 PM

Quote:

Originally Posted by rmmcdaniel

I've checked and it's about 60% more for me on the M3 vs 335i. I have clean driving record, good credit, etc.

How old are you?

monsta · 03-24-2008, 08:20 PM

I was quoted @ 720.47 for 6 months from Geico and the M3 will be the second vehicle on the coverage...I won't be getting my car until late may so hopefully it'll drop a little more, but I'm still going to shop around b/c I have to renew by April 28th...I haven't gotten a ticket in a couple of years but there is 1 accident under my belt from a couple years back...for two cars I'll be paying 1400+ for 6mths w/ 500 deductible.....is this good?

///austin · 03-24-2008, 09:11 PM

We traded a Lexus SC 430 for the M3 and are premium only went up by about $55.

///austin · 03-24-2008, 09:16 PM

$1,779 per year but that might go down. I just got the updated paperwork and forgot to tell the insurance company that I will be the primary driver not my wife.

EricMack · 04-09-2008, 11:20 AM

The rate for my M3 Coupe is $460/half, with $500 deductible. Its only a couple bucks more than the rate for the 335 sedan.

m3larson · 04-09-2008, 11:34 AM

I got $5 bucks back when I took my 550 off and the M3 on..

zieglerc · 04-09-2008, 11:41 AM

Went up $200/year going from 335 to M3.

JuniorDee · 04-09-2008, 12:15 PM

Quote:

Originally Posted by zieglerc

Went up $200/year going from 335 to M3.

same for me

Epacy · 04-09-2008, 12:35 PM

$414 every 6 months.

!Xoible · 04-09-2008, 12:36 PM

Quote:

Originally Posted by Epacy

$414 every 6 months.

not bad. i was paying 360 for 335. we'll see how much M3 is

Davinhci · 04-09-2008, 01:20 PM

Quote:

Originally Posted by Epacy

$414 every 6 months.

that's pretty good, i will find out my rates this weekend.

DJ9 · 04-09-2008, 04:05 PM

Going from a 2004 M3 to an 2008 M3, no change in premium for me. $626 every 6 months through AAA.

AYF82M4 · 04-09-2008, 04:33 PM

IM thru GEICO, and the rate on my car is $475 for 6 months. Previous rate for my 2006 Lexus IS350 is 415, so about $60.

SpencerM3 · 04-09-2008, 05:37 PM

Quote:

Originally Posted by dooma350

IM thru GEICO, and the rate on my car is $475 for 6 months. Previous rate for my 2006 Lexus IS350 is 415, so about $60.

WOW, that's a hell of a deal!

03-13-2008, 09:14 AM	#1
Samifumi Private First Class 6 Rep 150 Posts Drives: 2008 M3 Join Date: Mar 2008 Location: Nederland, Texas iTrader: (0)	Insurance Differences Between 335i (or previous car), and M3. I've done a search but haven't really found extensive discussion on this topic. So I pose the following questions to all the North American owners who have upgraded (or plan on such) to the 2008 M3: how do your insurance rates compare with your previous car? I am on the fence between an e92 335i and a e92 M3, and I'm just doing my due diligence researching the additional cost differences between the two (MSRP, taxes, tires, gas, maintenance, insurance) to gauge my true interest in the M3 over the 335i. I believe the differences between a twin-turbo 335i and a V8 M3 would be minimal. I could be wrong though. Your input will help me confirm (or refute) my suspicions. Thanks in advance for your help.
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03-13-2008, 03:33 PM	#2
rmmcdaniel Second Lieutenant 7 Rep 247 Posts Drives: '09 E90 M3 Join Date: Feb 2008 Location: Chicago & SF iTrader: (0)	I've checked and it's about 60% more for me on the M3 vs 335i. I have clean driving record, good credit, etc.
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03-13-2008, 03:49 PM	#3
!Xoible Banned 832 Rep 46,029 Posts Drives: .... Join Date: Nov 2006 Location: . iTrader: (4) Garage List 2008 M3 [4.00] 2007 335i [9.00] 2008 528i [8.00] 2006 Infiniti - G35 ... [8.00]	WOW that sucks
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03-13-2008, 06:22 PM	#4
umwolverine Second Lieutenant 9 Rep 274 Posts Drives: 2008 Jerez M3 Join Date: Mar 2007 Location: Maryland iTrader: (0)	I got my policy and it's only about $400.00 more a year than my E36. I did have to compare different companies to get this but it was worth it. One company quoted me almost triple than my best offer. Insurance companies are made to rip us off and get away with whatever they can, so check first and make sure you are specific about the coverages on the policy.
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03-13-2008, 07:23 PM	#5
///MArdor Private First Class 6 Rep 147 Posts Drives: Jet Black E92 M3 Join Date: Nov 2007 Location: Dallas, Texas iTrader: (0)	My E92 M3 insurance is less than $400/year difference than my wife's '07 Honda Civic
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03-24-2008, 03:41 PM	#6
99bjb00 New Member 1 Rep 16 Posts Drives: '08 E90 335i AW Join Date: Nov 2007 Location: San Diego, CA iTrader: (0)	going from an '05 545i to an '08 e90 M3, i was quoted an increase of $51 total over 6 months. my policy is renewed and repriced every 6 months, but we've got mulit-cars & accident free for over 6 years which helps.
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03-24-2008, 08:02 PM	#8
KASM3 Lieutenant 160 Rep 466 Posts Drives: 2015 M4 Join Date: Mar 2008 Location: NC iTrader: (0)	I have my 06 330xi and 08 M3 on the same policy with the same deductibles and I pay $20.00 more for the M3 vs the 330xi. I was shocked. I am sure if I got the 335 it would be a lot more. Insurance companies(In general) do not like the word Turbo.
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03-24-2008, 08:20 PM	#10
monsta Brigadier General 218 Rep 3,593 Posts Drives: E92 M3 Join Date: Oct 2006 Location: Bergen County, NJ/Y.O, NY iTrader: (2)	I was quoted @ 720.47 for 6 months from Geico and the M3 will be the second vehicle on the coverage...I won't be getting my car until late may so hopefully it'll drop a little more, but I'm still going to shop around b/c I have to renew by April 28th...I haven't gotten a ticket in a couple of years but there is 1 accident under my belt from a couple years back...for two cars I'll be paying 1400+ for 6mths w/ 500 deductible.....is this good? __________________ '08 E92 M3 6MT \| IB \| FR \| RAC RG63's \| VRS Ti Exhaust \| Fabspeed HFC & Xpipe '09 X5 35d SG/SB '11 X3 28i AW/CN/FW (wife's car
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03-24-2008, 09:11 PM	#11
///austin Private First Class 21 Rep 106 Posts Drives: 2008 BMW ///M3 Coupe Join Date: Mar 2008 Location: Texas iTrader: (0)	We traded a Lexus SC 430 for the M3 and are premium only went up by about $55.
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03-24-2008, 09:16 PM	#12
///austin Private First Class 21 Rep 106 Posts Drives: 2008 BMW ///M3 Coupe Join Date: Mar 2008 Location: Texas iTrader: (0)	$1,779 per year but that might go down. I just got the updated paperwork and forgot to tell the insurance company that I will be the primary driver not my wife.
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04-09-2008, 11:20 AM	#13
EricMack Enlisted Member 2 Rep 35 Posts Drives: ///M3 Coupe Join Date: Feb 2008 Location: C-Bus iTrader: (0)	The rate for my M3 Coupe is $460/half, with $500 deductible. Its only a couple bucks more than the rate for the 335 sedan.
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04-09-2008, 11:34 AM	#14
m3larson First Lieutenant 28 Rep 309 Posts Drives: 2014 M6 Gran C 1997 M3 Track C Join Date: Mar 2008 Location: Tucson, AZ iTrader: (0)	I got $5 bucks back when I took my 550 off and the M3 on..
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04-09-2008, 11:41 AM	#15
zieglerc Private First Class 13 Rep 183 Posts Drives: 2008 E92 M3 Join Date: Oct 2006 Location: Chicago, IL iTrader: (0)	Went up $200/year going from 335 to M3.
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04-09-2008, 12:35 PM	#17
Epacy Reincarnated 245 Rep 4,227 Posts Drives: 02 Maxima SE Join Date: Mar 2007 Location: IL iTrader: (0) Garage List 2008 M3 [0.00]	$414 every 6 months. __________________ Pearl Bliss
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04-09-2008, 04:05 PM	#20
DJ9 Captain 33 Rep 657 Posts Drives: 2008 E92 M3_SG Join Date: Feb 2008 Location: San Francisco/Marin County, CA iTrader: (0) Garage List 2008 M3 [0.00]	Going from a 2004 M3 to an 2008 M3, no change in premium for me. $626 every 6 months through AAA. __________________ -Dave 2008 E92M3-Space Gray Eisenmann Sport Exhaust_MT/Loaded Last edited by DJ9; 04-09-2008 at 04:40 PM..
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04-09-2008, 04:33 PM	#21
AYF82M4 Second Lieutenant 67 Rep 200 Posts Drives: MG F80 M3 ZCP Join Date: Mar 2008 Location: Los Angeles, CA iTrader: (0) Garage List 2008 BMW M3 Sedan [0.00]	IM thru GEICO, and the rate on my car is $475 for 6 months. Previous rate for my 2006 Lexus IS350 is 415, so about $60. __________________ 2018 F80 M3 Mineral Gray 2015 F82 M4 Austin Yellow (Retired) 2011 E90 M3 LeMans Blue (Retired) 2008 E90 M3 Jerez Black (Retired)
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