Used 2023 BMW 4 Series for Sale nearChicago, IL

How much does the 2023 BMW 4 Series cost?

Prices have softened 10.08% compared to this time last year, making it a favorable time to shop this model year.

There are 1,146 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 BMW 4 Series a good car?

Yes — the 2023 BMW 4 Series earns a 4.86/5 user rating, which points to strong owner satisfaction. Drivers consistently praise its performance, comfort, and styling, and many also like the premium, well-equipped feel. If you want a coupe-like luxury car with a distinctive design and generous standard equipment, this model year fits that use case well. With 34.5% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2023 BMW 4 Series reliable?

Owners rate it 4.86/5, a strong signal of long-term satisfaction.

The review feedback also points to a dependable ownership experience, with drivers describing the car as enjoyable and well-liked over time. That kind of response suggests you can count on it to deliver the premium experience buyers expect, especially if the vehicle has been maintained properly. For used buyers, the main long-term risk is less about the model’s appeal and more about finding one that has been cared for consistently.

What should I look for when buying a used 2023 BMW 4 Series?

Accident-free inventory is solid at 87.2% — always verify the vehicle history report.

You should start with a history report so you can confirm accident status, title history, and ownership patterns. After that, prioritize a thorough inspection of the exterior, interior, and electronics, since this model’s appeal depends heavily on condition and feature functionality. Pay close attention to signs of wear that could affect the premium feel you’re paying for.

Is now a good time to buy a used 2023 BMW 4 Series?

This is a moderate market, so you can shop selectively without expecting a deep buyer’s-market discount.

• Deal availability: 34.5% of listings are priced as good or great deals.
• Inventory: There are 1,146 listings available.
• Price trend: Prices have softened 10.08% compared with last year.
• Clean inventory: 87.2% of listings are accident-free.

If you find a listing below $39,362, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW 4 Series's resale value?

The current average of $39,482 sits slightly below last year's $43,909.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. For a future seller, the key takeaway is that holding value will depend on condition, mileage, and how well the car is equipped. A well-kept example should still attract interest because shoppers in this segment tend to respond to premium features and strong presentation.

Vehicles with strong owner satisfaction ratings, like this model year's 4.86/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 BMW 4 Series or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 34.5% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.2% — always verify the vehicle history report.
• Price trend: Prices have softened 10.08% compared with last year.
• Owners rate it 4.86/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $35,806, the 2022 costs less than the current year's $39,482 average.
• It emphasizes driving dynamics and everyday practicality.

The bottom line: If you want the newer model year with stronger market availability and a well-liked ownership experience, the 2023 is the better primary choice. If your priority is saving money upfront, the 2022 is the better secondary path, especially if you find one in strong condition and can live with the older-year tradeoff.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.