BMW M240 Maintenance Costs

A BMW M240 will cost about $15,000 for maintenance and repairs during its first 10 years of service.

This is more than the industry average for luxury coupe models by $2,561. There is also a 44.08% chance that a M240 will require a major repair during that time. This is 11.13% worse than similar vehicles in this segment. The chart below illustrates how these costs and repair probabilities will increase over time.

0%10%20%30%40%50%60%70%80%90%123456789101112$598$695$882$1131$1370$1800$1996$2091$2177$2260$2416$2637Major Repair Probability (%)Estimated Annual Costs ($)Vehicle Age in YearsBMW M240 Maintenance Costs & Repair ProbabilityBMW M240 Maintenance
Probability of a Major Vehicle Repair (%)
Est Annual Maintenance/Repair Costs ($)

An extended warranty is strongly recommended.

$4,676

Cost of maintenance/repair in the first five years.

This is less than the industry average for luxury Coupe models by $15,001.

Learn more

7%

Chance that this car will need a major repair in its first five years.

This is 44% better than similar vehicles in this segment.

Learn more

Warranty Score:

BMW M240

warranty-score

The lower your score, the more likely you are to use a warranty within the first 10 years of your car’s life. An extended warranty is strongly recommended.

This value is determined by the cost of maintenance and the likelihood of repair values.

Get Quote

BMW M240 Maintenance Costs

Year Major Repair Probability Annual Costs
1 4.36% $598
2 7.17% $695
3 8.11% $882
4 14.37% $1,131
5 20.61% $1,370
6 23.29% $1,800
7 24.99% $1,996
8 32.97% $2,091
9 35.73% $2,177
10 44.08% $2,260
11 66.11% $2,416
12 82.24% $2,637

What About BMW M240 Insurance Costs?

The average cost to insure a BMW M240 is about $2,999 per year. This adds up to around $14,995 after 5 years of vehicle ownership. Unlike regular maintenance, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a BMW M240. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

We've found some quick matches
in Columbus based on your answers!
Progressive
AM BEST RATING A+
NerdWallet rating
NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer complaint and customer satisfaction data.

BMW M240 Maintenance Rankings


We've ranked over 300 models from best to worst for Maintenance. See where the BMW M240 ranks for Maintenance compared to other vehicles. Also check out how the M240 stacks up in our rankings for Depreciation, Insurance and Overall Costs.

Other BMW M240 Costs of Ownership

Finding a car or truck that saves on maintenance costs is important. But, it's also imperative to view all major BMW M240 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:



Related Articles

Car Ownership Costs Beyond the Price Tag: What to Expect

The 10 Most Reliable Car Brands Will Surprise You

What's A Pre-Purchase Inspection? You Definitely Need One.

CarEdge Insights
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Total For Sale & Total Sold
Market Days Supply
And more!
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Market Days Supply
Total For Sale & Total Sold
And more!

Other BMW Models

extension preview image
Don't Pay a Cent More Than You Should — Get CarEdge Extension.