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My state is CO.... |
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screwed-up. | Im 16 & if i were to buy a 2003 bmw, how much insurnace would i pay? |
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 |
 
aaron p
|
Oh, the hidden costs of car ownership. Ain't it lovely. You should also reconsider your choice of automobile.
Are you ready for the higher repair costs with the BMW, taxes that are due every year, premium fuel, oil changes? Not only are you buying an "asset" that depreciates with every mile, but you are also purchasing one that requires you to throw money at it beyond just the purchase price. If you're worried about affording the insurance, you are probably better with more money in the bank. Just a wild guess. |
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General Custer
|
It depends on where you live.
It depends on your sex.
It depends on whether or not you can be added to your parent's policy.
It depends on your school grades.
It depends on your history, criminal and credit.
It depends on your drivers education.
It depends on your planned use of the car.
It depends on on how many miles a year you will drive.
Ask several insurance agents. Get several quotes. Be 100% honest. |
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Nicole
|
A-LOT! You are a liability at 16. And if you don't mind me asking are you male or female? |
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radar
|
I would say around $3500 per year. They really stick it to young drivers.
Good luck and good walking. |
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Phil
 |
More than the cost of the car. |
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mbrcatz
|
Depends on where you live, and which model of BMW. I'd budget $12,000 a year for it, if I were you. That's for the insurance, I mean. |
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