2024 BMW 3 Series: 5-Year Total Cost of Ownership
Quick Answer
The 2024 BMW 3 Series costs $59,069 to own over 5 years, or $984/month. The biggest expenses are depreciation ($24,448) and insurance ($14,940).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$59,069
$984/month • $1/mile
Cost Breakdown
Depreciation$24,448 (41%)
Insurance$14,940 (25%)
Fuel/Energy$7,966 (13%)
Maintenance$3,840 (7%)
Financing$7,515 (13%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $8,890 | $2,988 | $1,593 | $768 | $14,239 |
| Year 2 | $3,889 | $2,988 | $1,593 | $768 | $9,238 |
| Year 3 | $3,889 | $2,988 | $1,593 | $768 | $9,238 |
| Year 4 | $3,889 | $2,988 | $1,593 | $768 | $9,238 |
| Year 5 | $3,889 | $2,988 | $1,593 | $768 | $9,238 |
Key Facts
1-Year Depreciation
20% ($8,890)
5-Year Depreciation
55% ($24,448)
Annual Repair Cost
$968
Annual Maintenance
$768
These are estimates based on state averages. Your exact rate depends on your specific profile.
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