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 $470 per year, $2,488 compared to $2,958.
• Average car insurance cost per month for the BMW X5 is 17.6% more expensive than the Lexus GX 460, at $207 versus $247, a difference of $40.
• 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 $2,488 per year, whereas the BMW X5 costs an average of $2,958 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 $2,422 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 $2,732.

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 $2,422 per year, and the highest-cost model and trim is the BMW X5 M xDrive at an average cost of $3,334 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 $2,196 to $5,030 per year for a 2023 Lexus GX 460, and $2,596 to $6,068 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 $248 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 $2,242 to $5,154 per year for a 2022 Lexus GX 460, and $2,446 to $5,694 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 $2,472 per year, or about $206 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 $2,572 per year, or $214 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 $2,472 per year. The most expensive vehicle to insure is the BMW X5 M xDrive at an average cost of $3,136 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 $142 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 $2,192 to $5,058 per year for the example age groups. A 2021 BMW X5 costs from $2,302 to $5,350 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 $2,426 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 $2,422 per year, or $202 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 $2,422 per year, and the most expensive vehicle to insure is the BMW X5 m50i Executive AWD at an average of $2,818 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 $2,406 per year to insure and the BMW X5 costs $2,536, making the Lexus GX 460 the winner by $130 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 $2,128 to $4,902 per year for a 2020 Lexus GX 460, and $2,226 to $5,168 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 $2,352 per year, or $196 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 $2,342 per year, or about $195 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 $2,342 per year, and the highest-cost model and trim level is the BMW X5 m50i Executive AWD at an average of $2,722 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 $2,210 per year to insure and a BMW X5 costs $2,390, making the Lexus GX 460 cheaper to insure by $180 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 $1,952 to $4,508 per year for the driver ages used. A 2019 BMW X5 costs from $2,098 to $4,850 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 $2,158 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 $2,300 per year, or $192 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 $2,158 per year. The highest-cost model and trim is the BMW X5 xDrive 50i AWD at an average of $2,480 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 $206 per year.

The chart below illustrates the average cost to insure both models using different driver ages. Average insurance cost ranges from $1,886 to $4,332 per year for a 2018 Lexus GX 460, and $2,054 to $4,762 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 $2,080 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 $2,264.

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 $2,080 per year, and the most expensive model and trim level is the BMW X5 M AWD at an average cost of $2,436 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 $256 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 $1,792 to $4,114 per year for a 2017 Lexus GX 460, and $2,004 to $4,636 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 $1,974 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 $2,166.

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 $1,974 per year. The most expensive vehicle to insure is the BMW X5 M AWD at an average cost of $2,634 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 $342 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 $1,758 to $4,008 per year for a 2016 Lexus GX 460, and $2,052 to $4,724 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 $1,922 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 $2,172 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 $1,922 per year. The most expensive trim is the BMW X5 M AWD at an average cost of $2,650 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 $226 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 $1,660 to $3,776 per year for the driver ages used. A 2015 BMW X5 costs from $1,846 to $4,238 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 $1,780 per year, or $148 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 $1,954 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 $1,780 per year. The highest-cost model and trim level is the BMW X5 M AWD at a cost of $2,398 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