In-depth reviews

BMW 530e hybrid costs, insurance, warranty & tax

The BMW 530e's running costs are extremely low if you’re a company-car user, but could be quite steep if you’re a private buyer

Overall rating

4.5 out of 5

Running costs & insurance rating

3.5 out of 5

Insurance groupWarrantyService intervals2021/22 company-car tax (20% / 40%)
36-383yrs / unlimited miles2yrs / 18,000 milesFrom £1,073 / £2,146

The BMW 530e is a two-sided financial proposition. Company-car users benefit from low BiK tax; a 40% taxpayer will save over £2,500 in company-car tax by opting for the 530e instead of a 520d during the 2020/21 financial year. You also get free access to London's Congestion Charge zone until October 2021, and these savings come on top of potentially very low fuel bills. Provided you plug the 530e in regularly, you should be able to do most of your weekly mileage virtually free (especially if you have access to a charging point at work).

Lease costs for a company to run a 530e are also very competitive, and remarkably close to those of standard diesel 5 Series models. Essentially, the 530e is something of a no-brainer for business users and fleet providers. BMW typically offers good dealer discounts and low-rate finance on the 530e for retail buyers, too, so compared to rival PHEVs like the Volvo S90 and Mercedes E-Class, and even compared to the BMW 530d, it's very competitively priced.

BMW 530e hybrid insurance group

Insurance costs on the 530e should be competitive by the standards of the large executive saloon class. The SE spec falls into group 36, which makes it cheaper to insure than a 530d, if more expensive than a 530i, and it should cost a similar amount to an equivalent Mercedes E-Class or Audi A6. The slightly more expensive M Sport version falls into group 37, while the in xDrive four-wheel drive form, the SE and M Sport are in groups 37 and 38 respectively.


BMW offers a three-year/unlimited-mileage warranty, including roadside assistance, on all of its models. That’s the same warranty cover that you’ll get with Mercedes, while Audi and Volvo offer standard cover for up to three years or 60,000 miles. More disappointing is that BMW only warranties the batteries in its plug-in hybrid cars for six years and 60,000 miles – lower than the eight-year/100,000 mile cover on most rivals. 


There are no set servicing intervals on the BMW 530e – instead, it’ll ping up an alert on the dashboard when a service is due, the frequency of which will depend on your usage of the car. BMW offers a comprehensive fixed-price servicing package, which isn’t cheap, but can be spread out into monthly payments. All new BMWs also come with MoT Protect, which means BMW will repair any faults that cause the car to fail its first MoT inspection free of charge.

Road tax

The BMW 530e is free of road tax for the first year, but is subject to VED of £145 a year thereafter. On top of that, because it costs more than £40,000, it’s subject to an additional 'premium-rate' tax of £335 for years two to six. That means, all-in, the 530e will cost £480 annually from years two to six, and £145 a year thereafter.

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