Quantcast
Local E36 M3 owners...Insurance ?'s - Beyond.ca - Car Forums
Results 1 to 14 of 14

Thread: Local E36 M3 owners...Insurance ?'s

  1. #1
    Join Date
    Aug 2004
    Location
    calgary
    My Ride
    2003 Celica GT
    Posts
    438
    Rep Power
    0

    Default Local E36 M3 owners...Insurance ?'s

    Looking into purchasing a Mid 90's M3 soon
    and was wondering what sort of Insurance costs you were all paying?

    If you could post your

    AGE
    and
    Year of your car.

    And tell me if your car is considered to be a "sports car"

  2. #2
    Join Date
    Jul 2002
    Location
    Calgary
    My Ride
    '15 GTI
    Posts
    2,137
    Rep Power
    0

    Default

    the 318 was considered a sports car, so im sure the m3 will be

  3. #3
    Join Date
    Jan 2003
    Location
    MoO
    Posts
    1,343
    Rep Power
    18

    Default

    yah its a "sports" car
    but m3 has a HUGE jump on insurance price compared to a e36 328

  4. #4
    Join Date
    May 2002
    Location
    9.872604, -85.498802
    My Ride
    A Ford and a Caddy
    Posts
    5,965
    Rep Power
    23

    Default

    My insurance is 3900/yr full everything on a 98M3

    21/clean record/TD Insurance


  5. #5
    Join Date
    Jan 2003
    Location
    Edmonton
    My Ride
    Megun/Kyosho/965
    Posts
    3,063
    Rep Power
    20

    Default

    Sigh .. that is the problem ... insurance for a 328I may be just 10% OR 15% more then a 318 ... but like M3 ? ! I can't remember the rating .. like "7" for 328, but then jump to "13" (something like that, not sure how the insurance scale works !)

    cost me like near $2k for M3 insurance ! and I have few tickets .. of course ..
    The Original !

    1234567, hҦho

  6. #6
    Join Date
    Sep 2003
    Location
    SW
    My Ride
    E90 M3
    Posts
    570
    Rep Power
    17

    Default

    Age: 18 clean record

    Car: 1998 BMW M3

    Insurance: $3800/yr full coverage

    I doubt it's considered a sports car...it's a 4 door...but I really don't know
    Last edited by 2m0a0x2; 10-21-2004 at 11:05 PM.

  7. #7
    Join Date
    Oct 2002
    Location
    Calgary
    My Ride
    2008 BBP Accord Coupe
    Posts
    3,113
    Rep Power
    21

    Default

    Originally posted by 2m0a0x2

    I doubt it's considered a sports car...it's a 4 door...but I really don't know
    I'm sure its considered a sports car. I mean insurance companies aren't retarded. But then again, they think a 2door civic is a sports car
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.
    Cicero, Roman statesman and lawyer

  8. #8
    Join Date
    May 2002
    Location
    YYC
    My Ride
    APR Audi S4
    Posts
    2,058
    Rep Power
    0

    Default

    Even the four-door M3 models are considered a sports car. Just cause there's four doors doesn't mean it can't move and/or handle like the 2-door 3.2l M3. Insurance companies know this.

  9. #9
    Join Date
    Jan 2003
    Location
    Edmonton
    My Ride
    Megun/Kyosho/965
    Posts
    3,063
    Rep Power
    20

    Default

    Well .. anyway .. when there is " M " insurance is sky high ! ( almost same rating as a Porsche 911 )

    That is one reason why, scare many young drivers ! when I got my first M3 5 yrs ago .. Insurance was sky high too ..

    How about if you tell the insurance company, that will be your weekend car ? and only put less then 10K a yr ?
    The Original !

    1234567, hҦho

  10. #10
    Join Date
    Aug 2004
    Location
    calgary
    My Ride
    2003 Celica GT
    Posts
    438
    Rep Power
    0

    Default

    Im new to calgary, so not well versed in the whole alberta insurance thing

    $4000K for insurance on a 7 yr old car seems extremely HIGH

    would MY ins be lower?

    28
    No tickets
    no accidents

    or
    is the fact that the car is a "level 13", mean that I will always pay $$$ for insurance?

  11. #11
    Join Date
    May 2002
    Location
    Victoria, BC
    Posts
    1,398
    Rep Power
    19

    Default

    21
    1 at fault, 2 not at fault
    bunch of tickets that just came off my record

    2700 collision+comprehensive on a '98 328is

  12. #12
    Join Date
    May 2002
    Location
    Online
    My Ride
    Budget Baller
    Posts
    10,203
    Rep Power
    30

    Default

    Originally posted by bennyhanna
    Im new to calgary, so not well versed in the whole alberta insurance thing

    $4000K for insurance on a 7 yr old car seems extremely HIGH

    would MY ins be lower?

    28
    No tickets
    no accidents

    or
    is the fact that the car is a "level 13", mean that I will always pay $$$ for insurance?
    I'd be surprised if you pay more than $2000/year given your clean record!

  13. #13
    Join Date
    Aug 2004
    Location
    calgary
    My Ride
    2003 Celica GT
    Posts
    438
    Rep Power
    0

    Default

    Originally posted by max_boost
    I'd be surprised if you pay more than $2000/year given your clean record!


    now the search begins!

  14. #14
    Join Date
    Nov 2002
    Posts
    3,691
    Rep Power
    20

    Default

    Originally posted by bennyhanna
    28
    No tickets
    no accidents
    I'm paying $1178 per year full coverage for pleasure use on my 97 M3/4. When I used the car for commuting this past summer, it was $180 more per year.

    Call your insurance company for a quote.

Similar Threads

  1. Motorcycle insurance Q (for the R6 owners)

    By Ferio_vti in forum Bike Talk
    Replies: 18
    Latest Threads: 10-31-2004, 02:10 AM
  2. Hey, BMW E36 owners, check out these lights!

    By Tuner1 in forum Cosmetic and Styling Modifications
    Replies: 7
    Latest Threads: 02-17-2004, 02:30 PM
  3. Hey, BMW E36 owners, check out these lights!

    By Tuner1 in forum Performance Modifications
    Replies: 2
    Latest Threads: 02-11-2004, 12:22 PM
  4. Multilple Car Owners - Insurance?

    By Ekliptix in forum General Car/Bike Talk
    Replies: 11
    Latest Threads: 04-23-2003, 07:57 AM
  5. Local celeb siting!

    By Big_Six_Boy in forum Street Encounters
    Replies: 20
    Latest Threads: 06-03-2002, 09:14 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •