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How can I afford a BMW M3?

I’m thinking about buying a BMW M3 and am curious what the year-to-year costs for it look like. I really love the car, but I do have a budget—so how can I afford a BMW M3?

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Will Baldwin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
That’s a great vehicle—BMWs overall are awesome! As with many things, the specific cost depends on a variety of factors including your location, mileage, auto shop, insurance, and more.
Generally speaking though, the annual maintenance of a BMW M3 is about $1,100. If you want to get the most accurate number, make sure to check the costs in your specific state.
If you do decide to purchase one, keep in mind that insurance can drive up the cost. To easily get the best deal on the coverage you need, check out the
Jerry
app! We’ll get you personalized quotes from top-of-the-line providers in seconds, so that all you need to do is pick the plan that works best for you. And once you’ve picked one, we’ll even help you switch!
Happy shopping, and enjoy your new ride!
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