Used 2016 BMW M4 for Sale nearChicago, IL

Compare 2016 BMW M4 Trims in Chicago, IL

The 2016 BMW M4 offers a blend of performance and luxury, with options ranging from the value-focused Coupe RWD to the fully loaded Convertible RWD.

• Starting at $18,494
• Best MPG/MPGe: 17 city / 26 hwy
• Most Popular: Coupe RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

Missing data displayed as "—".

Trim Deep Dives

Coupe RWD — "Who It's For"

The Coupe RWD is the pick for shoppers who want a high-performance vehicle without the premium price of the Convertible. It's the most popular trim in the lineup.

• Avg. market price: $36,997 (updated weekly)
• MPG/MPGe: 17 city / 26 hwy
• Inventory: 88 listings
• View Coupe RWD listings

Convertible RWD — "Who It's For"

The Convertible RWD is the choice for those who desire a luxurious driving experience with the option of open-air enjoyment. It offers a fully loaded experience at a lower price point.

• Avg. market price: $18,494 (updated weekly)
• MPG/MPGe: 17 city / 26 hwy
• Inventory: 30 listings
• View Convertible RWD listings

Trim Recommendations

Most Popular — Coupe RWD

With 88 active listings, the Coupe RWD is the clear volume leader in the lineup, offering great value for performance.

Browse Coupe RWD listings

Best Budget Option — Convertible RWD

At $18,494 avg market price — below the lineup median of $27,745 — it's the most accessible entry point.

Browse Convertible RWD listings

These recommendations are based on CarGurus' proprietary market data from September 17, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2016 BMW M4 cost?

Prices have held steady compared to this time last year, signaling a stable and predictable market for this model year.

There are 213 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 BMW M4 a good car?

Yes — owners rate it 5/5, which is a strong signal that you may be happy with it if you want a compact high-performance coupe that still works as an everyday car. Owners repeatedly praise its sharp handling, powerful performance, and stylish design, and they also highlight the manual transmission option, excellent braking, and spacious rear hatch. That mix fits well if you want serious speed without giving up usability. With 30.0% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2016 BMW M4 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The owner feedback also points to a car that feels dependable in the ways that matter most to enthusiasts, especially when it comes to the manual transmission and the overall driving experience. The repeated praise for strong braking and balanced handling suggests a car that owners feel confident living with over time. For used buyers, the main long-term ownership risk is less about the rating and more about making sure the specific car has been maintained properly.

What should I look for when buying a used 2016 BMW M4?

At 53.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean cars from those with prior damage or repeated claims. After that, prioritize a pre-purchase inspection that focuses on body condition, panel alignment, brakes, suspension, and any signs of hard use. Because this is a performance car, you should pay close attention to how the car has been driven and whether any modifications or repairs affect its condition.

Is now a good time to buy a used 2016 BMW M4?

This looks like a moderate, selective buyer’s market, so you can be choosy if you’re patient and compare listings carefully.

• Deal availability: 30.0% of listings are priced as good or great deals.
• Inventory: There are 213 listings available.
• Price trend: Prices have held steady compared with last year.
• Clean inventory: 53.1% of listings are accident-free.

If you find a listing below $40,694, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 BMW M4's resale value?

The current average of $42,509 sits slightly below last year's $42,519.

That small decline suggests the market has been stable rather than volatile, which is helpful if you plan to resell later. A steady price pattern can make it easier to estimate future value because you are not dealing with sharp swings in demand. Strong owner satisfaction also helps support buyer interest when it is time to sell.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 BMW M4 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:

• 30.0% of listings are priced as good or great deals.
• At 53.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have held steady compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line:

If you want a used M4 with strong owner approval, steady pricing, and a clear performance-first personality, the 2016 model is a solid primary choice. If you are especially price-sensitive, you may want to compare nearby years and focus on the cleanest, best-maintained example rather than chasing the lowest sticker price alone.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.