Used 2020 BMW M8 for Sale nearChicago, IL

How much does the 2020 BMW M8 cost?

Prices have softened 2.69% compared to this time last year, making it a favorable time to shop this model year.

There are 78 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2020 BMW M8 a good car?

Yes — the 4.5/5 user rating suggests you can feel confident considering this model year. That kind of score points to strong owner satisfaction, which matters when you're shopping used and want a car that has already earned positive feedback from people living with it day to day. With 33.3% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2020 BMW M8 reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

For used buyers, that suggests the ownership experience is generally favorable, but you should still focus on maintenance records and overall condition because performance cars can carry higher long-term ownership risk if they were neglected.

What should I look for when buying a used 2020 BMW M8?

Accident-free inventory is solid at 76.9% — always verify the vehicle history report.

You should prioritize a pre-purchase inspection, especially if the car has been driven hard or modified. Focus on wear items, service history, and signs of cosmetic or mechanical abuse so you can separate a well-kept example from one that may become expensive later.

Is now a good time to buy a used 2020 BMW M8?

This is a moderate market for selective buyers, so you can shop with some leverage if you know what you want.

• Deal availability: 33.3% of listings are priced as good or great deals.
• Inventory: There are 78 listings available.
• Price trend: Prices have softened 2.69% compared with last year.
• Clean inventory: 76.9% of listings are accident-free.

If you find a listing below $62,634, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 BMW M8's resale value?

The current average of $63,426 sits slightly below last year's $65,182.

That price movement suggests the market has cooled a bit, which can help you buy more carefully now but may also mean future resale gains are limited unless the car is especially clean and well documented. If you plan to sell later, condition and history will matter a lot because buyers tend to pay more for examples that look cared for and have fewer red flags.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 BMW M8 or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 33.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 76.9% — always verify the vehicle history report.
• Price trend: Prices have softened 2.69% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line:

If you want this generation of M8 and you find a clean, well-priced example, the 2020 is a sensible place to start because the market shows decent deal availability and a meaningful share of accident-free listings. If you're especially price-sensitive, keep comparing nearby model years and focus on the best-documented car rather than chasing the newest badge alone.

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