Used 2023 BMW M4 for Sale near Phoenix, AZ
72 results
CarGurus Analysis:
2023 BMW M4
With 359 currently listed for sale and an average price of $72,505.00, 30.4% of 2023 BMW M4s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW M4 5 / 5 stars.
88.0% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the exceptional CSL variant, a lightweight edition that enhances performance with a powerful engine and superior handling.
CarGurus Analysis: 2023 BMW M4
overall
Summary
With 359 currently listed for sale and an average price of $72,505.00, 30.4% of 2023 BMW M4s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW M4 5 / 5 stars.
88.0% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the exceptional CSL variant, a lightweight edition that enhances performance with a powerful engine and superior handling.
Why it stands out
The 2023 BMW M4 distinguishes itself with its impressive blend of performance and technology, embodying the spirit of its legendary ancestors. With a robust 3.0-liter twin-turbocharged inline-six engine delivering up to 543 horsepower in the M4 CSL version, the M4 is far more than just a stylish coupe. It masterfully balances power with precision handling, making it as capable on the racetrack as it is on everyday roads. The M4 CSL provides a thrilling experience with a remarkable power-to-weight ratio and impressive acceleration times while maintaining a certain practicality in its coupe and convertible formats. The vehicle is adorned with performance-centric features such as advanced traction control systems and an intuitive infotainment interface that enhances a driver's engagement behind the wheel. However, its unique design may polarize potential buyers, and its fuel efficiency could pose a challenge for those seeking a more economical option. Yet, for driving enthusiasts, the M4’s capabilities and advanced technology find a perfect equilibrium.
Other model years to consider
- Average price: $88,625.00
- Good/great deal percentage: 32.5%
- Total listings: 314
- Average price: $77,127.00
- Good/great deal percentage: 31.5%
- User rating: 5 / 5
- Total listings: 375
- Average price: $68,845.00
- Good/great deal percentage: 27.7%
- User rating: 5 / 5
- Total listings: 274
This analysis is based on CarGurus' proprietary market data from May 11, 2026, CarGurus experts' opinions, and generative AI.
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5.0 Overall rating
Filter by rating
James D
Reviewed a 2023 BMW M4 on Dec 6, 2023
My 2023 BMW M4 Competition xDrive is a thrilling symphony of power and precision. Its aggressive design exudes athleticism, while the 503-horsepower twin-turbocharged engine and xDrive all-wheel drive deliver breathtaking acceleration and confidence-inspiring handling. The luxurious interior, adorned with premium materials and cutting-edge technology, provides a cocoon of comfort and convenience. As a potent combination of performance and refinement, the M4 Competition xDrive stands as a true embodiment of driving pleasure. All around perfection!
Steve N
Reviewed a 2023 BMW M4 on Feb 19, 2023
Well appointed, cutting edge technology and versatile - a comfortable daily driver and a beast when you want it to be. Continue to be surprised and impressed with its power, speed and handling.
2023 BMW M4 Trims
| Trim type | MSRP |
|---|---|
| Coupe RWD | $139,900 |
| Competition Coupe RWD | $78,600 |
| Competition xDrive Coupe AWD | $82,700 |
| Competition xDrive Convertible AWD | $89,700 |
| CSL Coupe RWD | $74,700 |
2023 BMW M4 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 BMW M4 prices has changed over time.
See more price trends2023 BMW M4 Pricing Analysis: Phoenix, AZ Market Report
Pricing by Nearby Locations
Market Area: Phoenix, AZ
Key Insights
- High Prices in Surprise and Apache Junction: Both Surprise, AZ and Apache Junction, AZ have high average prices of $81,220, indicating a strong demand and limited inventory in these areas.
- Lower Pricing in Casa Grande: Casa Grande, AZ shows a significantly lower average price at $69,000, suggesting either a more price-sensitive market or greater availability of the model.
- Inventory Levels: With 71 listings in Surprise and 72 in Apache Junction, both areas show substantial supply, indicating healthy competition.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Surprise, AZ | 71 | $81,220 |
| Apache Junction, AZ | 72 | $81,220 |
| Casa Grande, AZ | 68 | $69,000 |
Pricing by Trim Packages
Key Insights
- Coupe RWD is the Most Common Trim: The Coupe RWD trim is the most prevalent with 58 listings, highlighting strong demand for this configuration.
- Premium Pricing for Popular Features: The Coupe RWD has a high MSRP of $139,900, reflecting its luxury features and powerful engine.
- Competition Trims Offer Mid-Range Pricing: Options like the Competition xDrive Coupe AWD at $82,700 offer a balance between performance and luxury, likely appealing to a broader shopper base.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Coupe RWD | 58 | $139,900 | RWD | 3.0L 543 hp I6 |
| Competition xDrive Coupe AWD | 35 | $82,700 | AWD | 3.0L 503 hp I6 |
| Competition xDrive Convertible AWD | 24 | $89,700 | AWD | 3.0L 503 hp I6 |
| Competition Coupe RWD | 26 | $78,600 | RWD | 3.0L 503 hp I6 |
| CSL Coupe RWD | 2 | $74,700 | RWD | 3.0L 473 hp I6 |
Pricing Analysis by Model Year
Key Insights
- New Models Carry Premium Prices: The 2026 BMW M4 shows a strong average price of $94,948, which is significantly above its MSRP of $82,200, indicating high demand for the latest models.
- Depreciation Trends: Older models, particularly the 2018 M4, are experiencing significant depreciation with an average price of $37,630, highlighting a decline of about 45% from their initial MSRP.
- Best Value Year: The 2022 BMW M4 emerges as a value option at $68,463, translating to only -4.9% depreciation from MSRP, making it attractive for buyers seeking a newer model without steep price tags.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $82,200 | $94,948 | +15.5% |
| 2025 | $79,700 | $99,278 | +24.7% |
| 2024 | $78,100 | $91,621 | +17.3% |
| 2022 | $72,000 | $68,463 | -4.9% |
| 2021 | $71,800 | $64,900 | -9.8% |
| 2020 | $69,150 | $61,869 | -10.5% |
| 2019 | $69,150 | $61,991 | -10.3% |
| 2018 | $68,700 | $37,630 | -45.2% |
| 2016 | $65,700 | $63,647 | -3.1% |
| 2015 | $64,200 | $38,453 | -40.2% |
These recommendations are based on CarGurus' proprietary market data from May 8, 2026, CarGurus experts' opinions, and generative AI.
