- BMW 640i insurance costs an average of $2,246 per year, or around $187 per month, for full coverage.
- With the cheapest car insurance rates, the 640i Gran Coupe costs an average of $2,230 per year to insure.
- At the high end, the 640i Gran Coupe xDrive is the most expensive to insure at $2,274 for an annual policy.
- The 640i ranks 31st out of 39 vehicles in the midsize luxury car class for insurance affordability.
How much does BMW 640i car insurance cost?
BMW 640i insurance costs an average of $2,246 a year, or around $187 a month. Drivers can plan on paying about $224 more per year to insure a BMW 640i compared to the midsize luxury car average rate, and $363 more per year than the all-vehicle national average car insurance rate of $1,883.
The chart below breaks down average car insurance cost for a 2019 BMW 640i using a variety of different risk scenarios.
Some additional observations about BMW 640i insurance rates include:
- Avoiding accidents keeps insurance rates low. Having frequent accidents may increase rates, to the tune of $3,240 per year for a 20-year-old driver and even as much as $528 per year for a 60-year-old driver.
- As you get older, rates tend to drop. The difference in insurance rates for a 2019 640i between a 60-year-old driver ($1,854 per year) and a 30-year-old driver ($2,406 per year) is $552, or a savings of 25.9%.
- Polish up your credit rating for lower rates. An excellent credit score over 800 could save as much as $353 per year compared to a credit score between 670-739. Conversely, a weak credit score could cost around $409 more per year.
- High-risk drivers pay extremely high rates. For a 30-year-old driver, having too many driving record violations or accidents could raise rates by $2,782 or more per year.
- Obey the law to get lower insurance rates. If you want to pay the lowest price for 640i insurance, it pays to be a conservative driver. As few as two driving offenses could result in increasing 640i insurance cost as much as $596 per year. Serious citations like hit-and-run could raise rates by an additional $2,100 or more.
Which BMW 640i has cheap insurance?
The cheapest BMW 640i trim level to insure is the Gran Coupe at an average of $2,230 per year. The Gran Coupe xDrive model is the most expensive 640i to insure, at an average annual cost of $2,274.
The rate table below shows average annual and semi-annual auto insurance policy costs, including a monthly budget figure, for each BMW 640i model and trim level.
2019 BMW 640i Trim Level | Annual Premium | Cost Per Month |
---|---|---|
Gran Coupe | $2,230 | $186 |
Gran Turismo xDrive Coupe | $2,236 | $186 |
Gran Coupe xDrive | $2,274 | $190 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated February 22, 2024
How does 640i insurance compare to similar vehicles?
When compared to other midsize luxury cars, auto insurance rates for a BMW 640i cost $514 more per year than the Lexus ES 350, $270 more than the BMW 530i, $128 more than the Infiniti Q50, and $494 more than the Lincoln MKZ.
The BMW 640i ranks 31st out of 39 comparison vehicles in the midsize luxury car segment. The 640i costs an estimated $2,246 per year to insure, while the class average rate is $2,022 per year, a difference of $224 per year.
The chart below shows how well the 640i fares against the top-selling midsize luxury cars like the Lexus ES 350, BMW 530i, and the Lincoln MKZ. A larger table after the chart that shows insurance affordability rankings for all 39 vehicles in the midsize luxury car segment.
Rank | Make and Model | Annual Premium | Difference |
---|---|---|---|
1 | Acura ILX | $1,496 | -$750 |
2 | Lexus IS 300 | $1,624 | -$622 |
3 | Lexus RC 300 | $1,698 | -$548 |
4 | Lexus ES 350 | $1,732 | -$514 |
5 | Lincoln MKZ | $1,752 | -$494 |
6 | Mercedes-Benz SLC300 | $1,756 | -$490 |
7 | Mercedes-Benz AMG CLA45 | $1,780 | -$466 |
8 | Audi A3 | $1,810 | -$436 |
9 | Mercedes-Benz CLA250 | $1,832 | -$414 |
10 | Audi S5 | $1,834 | -$412 |
11 | Mercedes-Benz E300 | $1,842 | -$404 |
12 | Genesis G80 | $1,856 | -$390 |
13 | Lexus ES 300H | $1,876 | -$370 |
14 | BMW 430i | $1,886 | -$360 |
15 | Lexus GS 300 | $1,916 | -$330 |
16 | Audi A6 | $1,928 | -$318 |
17 | Audi S4 | $1,936 | -$310 |
18 | Lexus GS 350 | $1,942 | -$304 |
19 | Mercedes-Benz CLS450 | $1,950 | -$296 |
20 | BMW 530i | $1,976 | -$270 |
21 | BMW 540i | $1,978 | -$268 |
22 | Mercedes-Benz E450 | $2,002 | -$244 |
23 | Jaguar XF | $2,012 | -$234 |
24 | BMW 440i | $2,022 | -$224 |
25 | Mercedes-Benz AMG C43 | $2,070 | -$176 |
26 | Mercedes-Benz SL450 | $2,076 | -$170 |
27 | BMW 530e | $2,102 | -$144 |
28 | Infiniti Q50 | $2,118 | -$128 |
29 | BMW M550i | $2,210 | -$36 |
30 | Audi RS 5 | $2,218 | -$28 |
31 | BMW 640i | $2,246 | -- |
32 | Mercedes-Benz AMG C63 | $2,256 | $10 |
33 | Tesla Model S | $2,258 | $12 |
34 | Lexus GS F | $2,360 | $114 |
35 | Mercedes-Benz SL550 | $2,370 | $124 |
36 | Audi A7 | $2,386 | $140 |
37 | Lexus LC 500H | $2,408 | $162 |
38 | BMW M5 | $2,540 | $294 |
39 | BMW M6 | $2,814 | $568 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2019 model year. Updated February 23, 2024
How much is insurance on a used BMW 640i?
Opting for a 2013 BMW 640i instead of a newer 2019 model year could save up to $522 on insurance cost each year. The 2015 model would save around $340 each year, and the 2017 640i would save an average of $138 each year.
The next table shows average insurance cost on a BMW 640i for a range of driver ages from the 2013 model year up to the 2019 model year. The range of annual policy costs goes from a low of $1,432 for a 60-year-old driver rated on a 2013 BMW 640i to the most expensive rate of $4,446 for a 20-year-old with a 2018 model year 640i.
Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
---|---|---|---|
2019 BMW 640i | $4,560 | $2,246 | $1,854 |
2018 BMW 640i | $4,446 | $2,198 | $1,816 |
2017 BMW 640i | $4,272 | $2,108 | $1,744 |
2016 BMW 640i | $4,080 | $2,016 | $1,670 |
2015 BMW 640i | $3,868 | $1,906 | $1,580 |
2014 BMW 640i | $3,606 | $1,778 | $1,476 |
2013 BMW 640i | $3,474 | $1,724 | $1,432 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all BMW 640i trim levels for each model year. Updated February 23, 2024