500 dollars a month for auto insurance?

My grandmother recently bought me a 2009 bmw 328i with xdrive and the cheapest quote we got was 532 a month. What gives? I live in Roseville California a very safe town. My friends Pay around 180 for their Hondas that are from the mid 2000's. I'm 18 so I do realize insurance won't be cheap. But I was expecting it to be 250-300. Not 500-700

You are in a VERY high risk-group driving a VERY high-performance & expensive vehicle…

In your situation, $532 sounds CHEAP, Sweetheart!

Young driver. Try insure yourself as a second driver for the vehicle and it be cheaper.

1. You're under 25. You are in the highest risk group and will pay through the nose.

2. You have very limited driving experience. That is reflected in the rates that you are charged.

3. You are driving a high powered sports sedan. Those are more expensive to insure, especially in the hands of an inexperienced driver such as yourself. Your friends in their older 4 cylinder Hondas are a much lower risk.

4. Roseville being a "safe" town is irrelevant. You're in the Sacramento metro area and big city metro areas have high insurance rates. While Sacramento is small by big city standards with a population of around 480,000, the metro area is around 2.5 million and that definitely qualifies as big city.

Welcome to the real world.

Lol, I guess in your state, BMWs have a high collision rate or something like that.

Yikes! Sell the bmw and ask your grandma to buy you a honda instead.

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