Used 2016 BMW M3 for Sale nearAustin, TX

How much does the 2016 BMW M3 cost?

Prices are up 7.01% year-over-year — a sign of continued demand for this model year.

There are 122 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 BMW M3 a good car?

The 2016 BMW M3 stands out as a sedan that blends serious performance with everyday usability. BMW’s M3 has long been associated with driving enjoyment, and this generation keeps that reputation alive with a twin-turbocharged 3.0-liter inline six-cylinder engine, rear-wheel drive, and a standard six-speed manual gearbox. In this form, it makes 473 horsepower and 406 pound-feet of torque, and BMW says it can reach 60 mph in just over four seconds.

That combination makes the car appealing if you want a high-performance machine that still feels practical enough for regular use. It also comes only as a sedan with seating for five and a 16.9-cubic-foot trunk, and BMW offered upgrades for comfort, convenience, safety, and performance so you could tailor the car to your preferences.

There are tradeoffs, though. The electric-assist steering remained a point of criticism, and the car’s value can be affected by the usual used-performance-car concerns about abuse, indifferent maintenance, and modifications that are difficult to unwind.

With 33.6% of listings marked as good or great deals, there is still some room to find a compelling example if you shop carefully.

Is the 2016 BMW M3 reliable?

The 2016 BMW M3 is built around a serious performance formula, but the overview also points to the usual used-performance-car concerns about abuse, indifferent maintenance, and modifications that are difficult to unwind. That means reliability for a used buyer depends heavily on how the car was treated before it reached the market.

If you choose one, long-term ownership risk is less about the basic concept and more about whether the specific car has been maintained and left close to stock.

What should I look for when buying a used 2016 BMW M3?

At 55.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a full vehicle history report and then prioritize a pre-purchase inspection from a shop that knows performance sedans. Focus on signs of hard use, uneven maintenance, and any modifications that may be expensive or difficult to reverse.

Is now a good time to buy a used 2016 BMW M3?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient and disciplined.

• Deal availability: 33.6% of listings are priced as good or great deals.
• Inventory: There are 122 listings available.
• Price trend: Prices are up 7.01% year-over-year.
• Clean inventory: 55.7% of listings are accident-free.

If you find a listing below $41,544, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 BMW M3's resale value?

The current average of $44,485 sits slightly above last year's $41,573.

That upward move suggests the market has been willing to pay more for this model year, which can help if you own a clean example and decide to sell later. The current price level also signals that well-kept cars may hold their value better than neglected ones. For a future seller, condition, history, and originality should matter a lot when it comes time to set your asking price.

Should I buy a 2016 BMW M3 or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 33.6% of listings are priced as good or great deals.
• At 55.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices are up 7.01% year-over-year.

The bottom line: The 2016 is a strong choice if you want the M3’s performance-first character with everyday usability and you’re willing to shop carefully for a well-kept example. If you’re more price-sensitive, a nearby year with a cleaner history or a lower asking price may be the better path, especially if you can find one that has been maintained consistently and kept close to stock.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.