Lexus GX 460 vs. BMW X5 – Which Car Insurance is Cheaper?

• A 2023 Lexus GX 460 has cheaper car insurance rates than a 2023 BMW X5 by an average of $456 per year, $2,430 compared to $2,886.
• Average car insurance cost per month for the BMW X5 is 17.1% more expensive than the Lexus GX 460, at $203 versus $241, a difference of $38.
• Out of 37 models in the 2023 midsize luxury SUV segment, the Lexus GX 460 ranks 12^th and the BMW X5 ranks 28^th for cheapest overall car insurance rates.
• If fitting car insurance into your budget is your number one priority, the Base 4WD and Premium 4WD trims are the cheapest Lexus GX 460 models to insure, while the sDrive40i and xDrive40i trims are the cheapest BMW X5 models to insure.

2023 Lexus GX 460 vs. BMW X5

When comparing 2023 Lexus GX 460 and BMW X5 models, the model with the cheapest average insurance rates is the Lexus GX 460. Insurance rates for the Lexus GX 460 average $2,430 per year, whereas the BMW X5 costs an average of $2,886 per year.

Out of three trim levels for the 2023 Lexus GX 460, the cheapest insurance rates are on the Base 4WD trim at a cost of $2,366 per year.

For the five trims available for the BMW X5, the cheapest 2023 trim level to insure is the sDrive40i model at a cost of $2,668.

When comparing aggregated rates for both models from a trim-level perspective, the overall cheapest vehicle to insure is the Lexus GX 460 Base 4WD at an average rate of $2,366 per year, and the highest-cost model and trim is the BMW X5 M xDrive at an average cost of $3,256 per year.

The chart shown below visualizes average Lexus GX 460 and BMW X5 auto insurance rates for the 2023 model year, grouped for drivers age 20 to 50.

The next chart displays the average cost to insure both models rated for drivers aged 20 to 50. Average car insurance cost ranges from $2,142 to $4,910 per year for a 2023 Lexus GX 460, and $2,534 to $5,924 for a 2023 BMW X5 for the driver ages used.

The rate tables below illustrate average car insurance cost by trim level for a 2023 Lexus GX 460 and BMW X5, as well as the overall average rate for each model. The cheapest to insure for the 2023 model year is the Lexus GX 460.

2022 Lexus GX 460 vs. BMW X5

For 2022 Lexus GX 460 and BMW X5 models, the Lexus GX 460 has cheaper car insurance rates by an average of $240 per year.

The chart below demonstrates the average cost to insure the two models using a range of rated driver ages. Average insurance cost ranges from $2,188 to $5,030 per year for a 2022 Lexus GX 460, and $2,390 to $5,560 for a 2022 BMW X5 for the illustrated age groups.

Out of four Lexus GX 460 trims, the cheapest 2022 model to insure is the 4WD trim at an average cost of $2,414 per year, or about $201 per month. For the five trim levels available for the BMW X5, the cheapest 2022 model to insure is the sDrive trim at a cost of $2,512 per year, or $209 per month.

When rates for all nine trim levels for both vehicles are compared, the lowest-cost model and trim to insure is the Lexus GX 460 4WD at a cost of $2,414 per year. The most expensive vehicle to insure is the BMW X5 M xDrive at an average cost of $3,062 per year.

The next two tables display average car insurance rates for each trim level, including the average rate for each model. The winner for the 2022 car insurance comparison is the Lexus GX 460.

2021 Lexus GX 460 vs. BMW X5

For 2021 Lexus GX 460 and BMW X5 models, the Lexus GX 460 has lower-cost car insurance by an average of $138 per year.

The chart below shows the average cost to insure the two models rated for different driver ages. For a 2021 Lexus GX 460, the average car insurance cost ranges from $2,142 to $4,936 per year for the example age groups. A 2021 BMW X5 costs from $2,246 to $5,220 to insure per year.

The 2021 Lexus GX 460 has two trims available, with the cheapest model to insure being the 4WD trim at an average cost of $2,368 per year.

For the 14 trim levels available for the BMW X5, the cheapest 2021 model to insure is the sDrive 40i AWD trim at a cost of $2,364 per year, or $197 per month.

When looking at the aggregated rates by trim for both models, the lowest-cost model and trim to insure is the BMW X5 sDrive 40i AWD at an average rate of $2,364 per year, and the most expensive vehicle to insure is the BMW X5 m50i Executive AWD at an average of $2,750 per year.

The rate tables below display average car insurance cost by trim level for a 2021 Lexus GX 460 and BMW X5, as well as an average rate for each model. The model with the cheapest car insurance rates for 2021 is the Lexus GX 460.

2020 Lexus GX 460 vs. BMW X5

When comparing insurance cost for 2020 models, the Lexus GX 460 costs an average of $2,352 per year to insure and the BMW X5 costs $2,476, making the Lexus GX 460 the winner by $124 for the 2020 comparison year.

The rate chart below demonstrates the average cost to insure both 2020 models using drivers aged 20 to 50. Insurance cost ranges from $2,080 to $4,784 per year for a 2020 Lexus GX 460, and $2,170 to $5,042 for a 2020 BMW X5 for the included age groups.

For the two trims available for the 2020 Lexus GX 460, the cheapest model to insure is the 4WD trim at an average cost of $2,298 per year, or $192 per month.

For the 14 trim levels available for the BMW X5, the cheapest 2020 model to insure is the sDrive 40i AWD model at a cost of $2,286 per year, or about $191 per month.

When rates for all 16 trim levels for both vehicles are compared, the most affordable model and trim level to insure is the BMW X5 sDrive 40i AWD at a cost of $2,286 per year, and the highest-cost model and trim level is the BMW X5 m50i Executive AWD at an average of $2,658 per year.

The rate tables below illustrate average car insurance rates for every trim level for both 2020 models, plus the average rate for each model. The winner for the 2020 car insurance rate comparison is the Lexus GX 460.

2019 Lexus GX 460 vs. BMW X5

When comparing insurance cost for 2019 models, a Lexus GX 460 costs an average of $2,156 per year to insure and a BMW X5 costs $2,334, making the Lexus GX 460 cheaper to insure by $178 per year for this model year.

The chart shown below illustrates the average cost to insure both 2019 models with different driver age groups. For a 2019 Lexus GX 460, the average car insurance cost ranges from $1,904 to $4,400 per year for the driver ages used. A 2019 BMW X5 costs from $2,048 to $4,734 to insure per year.

The 2019 Lexus GX 460 has two trim levels available, with the cheapest model to insure being the 4WD trim at an average cost of $2,106 per year. The 2019 BMW X5 has two trims available, with the cheapest trim level to insure being the xDrive 40i AWD trim at an average cost of $2,244 per year, or $187 per month.

When comparing rates by trim level for both models, the lowest-cost model and trim level to insure is the Lexus GX 460 4WD at an average of $2,106 per year. The highest-cost model and trim is the BMW X5 xDrive 50i AWD at an average of $2,422 per year.

The rate tables below illustrate the average insurance cost by trim level for both 2019 models, plus the average rate for each model. The winner for the 2019 car insurance rate comparison is the Lexus GX 460.

2018 Lexus GX 460 vs. BMW X5

For 2018 Lexus GX 460 and BMW X5 models, the Lexus GX 460 has lower-cost car insurance by an average of $220 per year.

The chart below illustrates the average cost to insure both models using different driver ages. Average insurance cost ranges from $1,822 to $4,192 per year for a 2018 Lexus GX 460, and $2,004 to $4,646 for a 2018 BMW X5 for the age groups used in this illustration.

Out of three trims for the 2018 Lexus GX 460, the cheapest insurance prices are on the 4WD trim at a cost of $2,008 per year.

For the six trim levels available for the BMW X5, the cheapest 2018 trim level to insure is the 3.5i sDrive 2WD trim at a cost of $2,210.

When trim-level rates for both models are compared, the most affordable model and trim level to insure is the Lexus GX 460 4WD at an average rate of $2,008 per year, and the most expensive model and trim level is the BMW X5 M AWD at an average cost of $2,376 per year.

The tables shown below illustrate trim level insurance rates for each 2018 model, as well as the overall average rate for each model. The winner for the 2018 car insurance rate comparison is the Lexus GX 460.

2017 Lexus GX 460 vs. BMW X5

For 2017 Lexus GX 460 and BMW X5 models, the Lexus GX 460 has cheaper car insurance rates by an average of $248 per year.

The rate chart below shows the average cost to insure both 2017 models using drivers aged 20 to 50. The average cost of car insurance ranges from $1,748 to $4,016 per year for a 2017 Lexus GX 460, and $1,956 to $4,524 for a 2017 BMW X5.

For the three trims available for the 2017 Lexus GX 460, the cheapest model to insure is the 4WD model at an average cost of $1,930 per year. For the six trim levels available for the BMW X5, the cheapest 2017 model to insure is the 3.5d xDrive AWD trim at a cost of $2,114.

When insurance prices for all nine trim levels for both 2017 models are compared, the cheapest vehicle to insure is the Lexus GX 460 4WD at an average rate of $1,930 per year. The most expensive vehicle to insure is the BMW X5 M AWD at an average cost of $2,572 per year.

The next two rate tables illustrate average car insurance cost by trim level for a 2017 Lexus GX 460 and BMW X5, plus an average rate for each model.

2016 Lexus GX 460 vs. BMW X5

For 2016 Lexus GX 460 and BMW X5 models, the Lexus GX 460 has cheaper car insurance rates by an average of $332 per year for this model year.

The next chart visualizes the average cost to insure the two models rated for drivers aged 20 to 50. Average insurance cost ranges from $1,718 to $3,910 per year for a 2016 Lexus GX 460, and $2,002 to $4,610 for a 2016 BMW X5 for these driver ages.

The 2016 Lexus GX 460 has four trims available, with the cheapest trim to insure being the 4WD model at an average cost of $1,880 per year.

The 2016 BMW X5 has six trim levels available, with the cheapest trim to insure being the 3.5i sDrive 2WD trim at an average cost of $2,122 per year.

When comparing both models at a trim-level basis, the most affordable model and trim level to insure is the Lexus GX 460 4WD at an average rate of $1,880 per year. The most expensive trim is the BMW X5 M AWD at an average cost of $2,588 per year.

The next two rate tables show the average insurance cost by trim level for both 2016 models, including an overall average cost for each model. The cheapest to insure for the 2016 model year is the Lexus GX 460.

2015 Lexus GX 460 vs. BMW X5

When comparing average insurance rates for the 2015 Lexus GX 460 and BMW X5 models, the Lexus GX 460 is cheaper by an average of $218 per year.

The next chart illustrates the average cost to insure both 2015 models for the 20 to 50-year-old driver age groups. For a 2015 Lexus GX 460, average car insurance cost ranges from $1,620 to $3,686 per year for the driver ages used. A 2015 BMW X5 costs from $1,804 to $4,136 to insure per year.

Out of four Lexus GX 460 trim levels, the cheapest 2015 trim level to insure is the 4WD trim at an average cost of $1,738 per year, or $145 per month. The 2015 BMW X5 has five trim levels available, with the cheapest trim level to insure being the 3.5i sDrive 2WD trim at an average cost of $1,908 per year.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim to insure is the Lexus GX 460 4WD at an average rate of $1,738 per year. The highest-cost model and trim level is the BMW X5 M AWD at a cost of $2,340 per year.

The next two tables show all the available trims for both 2015 models, as well as the overall average rate for each model. The model with the cheapest car insurance rates for 2015 is the Lexus GX 460.

Additional Lexus GX 460 and BMW X5 Resources

• Lexus GX 460 Insurance Rates
• BMW X5 Insurance Rates
• Midsize Luxury SUV Insurance Rate Comparisons