Cost for Insurance????
11-15-2010, 07:17 AM
#2
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My Ride: 2008 535i:
(8/07 Build) Metallic Bronze, Beige NASCA Leather, Ventilated Seats, Sport Pkg, Cold Wxr Pkg, Logic-7 Sound, HUD, Night Vision, PDC, Split Rear Seats, NAV, Premium Pkg, Comfort Access, HD Radio, Sport Auto Trans
Current mods: M-Aero Kit, JB4, Motorcepts 6000k HID Foglamps
Umnitza ICE-Lite 10w LED 6000k AE's
1992 Camaro RS:
Fully Restored w/Custom Interior, 5.0L V8, T-tops, OEM Z28 Foglamps, Inst Cluster, & Spoiler, Custom Sound, Too many engine mods to list
I don't own an M5, but I can tell you that if you are male, under 25 and not married you will be in the highest risk category - even if you have a spotless driving record.
If you live in or near a large city you are going to pay even more.
If you live in or near a large city you are going to pay even more.
11-15-2010, 07:30 AM
#3
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In NJ you'll really pay more!!
When I evaluated the cost of insurance when I bought my 530xi vs an M5 with a SPOTLESS driving record (no tickets - no chargeable accidents for 20+ years) 2 adult drivers only etc. With 3 cars on the policy the 530xi [sticker $64K] vs M5 [sticker $90K] (300K/1M Liability, comprehensive $500 deductible and collision w/$1k deductible etc etc etc etc ... the annual premium for the xi was est @ $1950 ... the M5 ... ready for this ... $4800!
My current premium for the 530xi is now $1200 - of course it's 4 years older. Still have a no-claims no violation record and drive less than 12K miles / year.
Of course it's NJ and we have the best politicians money can buy! And they're all in bed with the insurance companies and lobbyists.
11-15-2010, 11:22 AM
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been with statefarm since i was 16..i'm 23 now..and insurance would be about 135 a month for me when i called. depends on who u go through..and i have a spotless driving record. in us when u use state farm as ur first choice when ur 16..if you stick with them instead of them waiting until ur 25 to lower ur insurance each year they drop it down..so by 25 you have low insurance but its not so bad along the way 
11-15-2010, 12:47 PM
#5
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My Ride: 2008 535i:
(8/07 Build) Metallic Bronze, Beige NASCA Leather, Ventilated Seats, Sport Pkg, Cold Wxr Pkg, Logic-7 Sound, HUD, Night Vision, PDC, Split Rear Seats, NAV, Premium Pkg, Comfort Access, HD Radio, Sport Auto Trans
Current mods: M-Aero Kit, JB4, Motorcepts 6000k HID Foglamps
Umnitza ICE-Lite 10w LED 6000k AE's
1992 Camaro RS:
Fully Restored w/Custom Interior, 5.0L V8, T-tops, OEM Z28 Foglamps, Inst Cluster, & Spoiler, Custom Sound, Too many engine mods to list
been with statefarm since i was 16..i'm 23 now..and insurance would be about 135 a month for me when i called. depends on who u go through..and i have a spotless driving record. in us when u use state farm as ur first choice when ur 16..if you stick with them instead of them waiting until ur 25 to lower ur insurance each year they drop it down..so by 25 you have low insurance but its not so bad along the way
11-15-2010, 02:06 PM
#7
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been with statefarm since i was 16..i'm 23 now..and insurance would be about 135 a month for me when i called. depends on who u go through..and i have a spotless driving record. in us when u use state farm as ur first choice when ur 16..if you stick with them instead of them waiting until ur 25 to lower ur insurance each year they drop it down..so by 25 you have low insurance but its not so bad along the way
11-16-2010, 09:17 AM
#8
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My current premium for the 530xi is now $1200 - of course it's 4 years older. Still have a no-claims no violation record and drive less than 12K miles / year.
Of course it's NJ and we have the best politicians money can buy! And they're all in bed with the insurance companies and lobbyists.
Of course it's NJ and we have the best politicians money can buy! And they're all in bed with the insurance companies and lobbyists.
