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 $350 per year, $1,880 compared to $2,230.
• Average car insurance cost per month for the BMW X5 is 15.6% more expensive than the Lexus GX 460, at $157 versus $186, a difference of $29.
• 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 $1,880 per year, whereas the BMW X5 costs an average of $2,230 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 $1,828 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 $2,062.

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 $1,828 per year, and the highest-cost model and trim is the BMW X5 M xDrive at an average cost of $2,514 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 $1,712 to $3,750 per year for a 2023 Lexus GX 460, and $2,034 to $4,510 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 $180 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 $1,746 to $3,838 per year for a 2022 Lexus GX 460, and $1,912 to $4,224 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 $1,866 per year, or about $156 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 $1,938 per year, or $162 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 $1,866 per year. The most expensive vehicle to insure is the BMW X5 M xDrive at an average cost of $2,358 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 $92 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 $1,706 to $3,758 per year for the example age groups. A 2021 BMW X5 costs from $1,790 to $3,954 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 $1,832 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 $1,816 per year, or $151 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 $1,816 per year, and the most expensive vehicle to insure is the BMW X5 m50i Executive AWD at an average of $2,108 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 $1,848 per year to insure and the BMW X5 costs $1,934, making the Lexus GX 460 the winner by $86 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 $1,682 to $3,708 per year for a 2020 Lexus GX 460, and $1,762 to $3,890 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 $1,806 per year, or $151 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 $1,788 per year, or about $149 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 $1,788 per year, and the highest-cost model and trim level is the BMW X5 m50i Executive AWD at an average of $2,074 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 $1,698 per year to insure and a BMW X5 costs $1,830, making the Lexus GX 460 cheaper to insure by $132 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 $1,550 to $3,414 per year for the driver ages used. A 2019 BMW X5 costs from $1,668 to $3,666 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 $1,660 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 $1,762 per year, or $147 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 $1,660 per year. The highest-cost model and trim is the BMW X5 xDrive 50i AWD at an average of $1,898 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 $172 per year.

The chart below illustrates the average cost to insure both models using different driver ages. Average insurance cost ranges from $1,512 to $3,332 per year for a 2018 Lexus GX 460, and $1,668 to $3,684 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 $1,614 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 $1,768.

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 $1,614 per year, and the most expensive model and trim level is the BMW X5 M AWD at an average cost of $1,902 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 $190 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 $1,448 to $3,182 per year for a 2017 Lexus GX 460, and $1,616 to $3,566 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 $1,548 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 $1,686.

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 $1,548 per year. The most expensive vehicle to insure is the BMW X5 M AWD at an average cost of $2,046 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 $272 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 $1,456 to $3,202 per year for a 2016 Lexus GX 460, and $1,704 to $3,768 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 $1,552 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 $1,752 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 $1,552 per year. The most expensive trim is the BMW X5 M AWD at an average cost of $2,132 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 $168 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 $1,374 to $3,012 per year for the driver ages used. A 2015 BMW X5 costs from $1,528 to $3,360 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 $1,440 per year, or $120 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 $1,570 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 $1,440 per year. The highest-cost model and trim level is the BMW X5 M AWD at a cost of $1,916 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