In-depth reviews

BMW 530e hybrid running costs, insurance, warranty & tax

The BMW 530e's running costs aren’t as competitive as they once were, but company car drivers can still save a small fortune

Overall rating

4.0 out of 5

Running costs & insurance rating

3.5 out of 5

Insurance groupWarrantyService intervalsAnnual company-car tax (20% / 40%)
42-433yrs/unlimited miles2yrs/18,000 milesFrom £1,170/£2,341

The BMW 530e is a two-sided financial proposition. Company-car users running one benefit from a low Benefit-in-Kind (BiK) rate of just 12% until at least April 2024, and the big saving that represents comes 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 spending mere pennies on fuel – especially if you have access to a charging point at work.

That said, some rivals – like the Volvo S90 Recharge – now offer a range of more than 40 miles, which knocks them down a BiK band; the Volvo commands an 8% rating and could save company car drivers even more money. And that’s before you factor in petrol or electricity costs.

But one area where the 530e has previously had rivals licked is when it comes to residual values, which helps with PCP finance. It’s not as clear-cut as it once was, but with a new BMW 5 Series (and pure-electric i5) on the way, there could be deals to be had on the old car.

Essentially, the 530e is a no-brainer for business users and fleet managers, but private buyers need to think carefully. It costs more to buy than a 520d diesel, and you'll only really recoup the difference in price if most of your journeys are short, local affairs. For long-distance motorway work, the diesel will be just as, if not more, fuel-efficient.

BMW 530e hybrid insurance group

Insurance for the 530e should be competitive by the standards of the large executive saloon class. It falls into either insurance group 42 or 43 depending on the exact specification you choose, while its chief rival the Mercedes E-Class hybrid starts off in group 44.


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 subject to baseline VED (road tax) of £170 a year at the time of writing – including the £10 ‘Alternative fuel’ discount. On top of that, however, because all versions cost more than £40,000 to buy new, the 5 Series hybrid is subject to an additional 'premium-rate' tax of £390 (again, as of May 2023) the first five times you tax it. That means, all-in, the 530e will cost £560 to tax annually from years two to six, and £170 a year thereafter.

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