Used 2023 BMW 4 Series for Sale nearChicago, IL

How much does the 2023 BMW 4 Series cost?

Prices have softened 9.21% compared to this time last year, making it a favorable time to shop this model year.

There are 1,199 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 4.9/5 user rating, which points to very strong owner satisfaction. Drivers consistently praise its performance, comfort, and styling, and the M440i is singled out for its fun driving experience and strong feature set. If you want a used luxury coupe or convertible with a premium-feeling cabin and a distinctive personality, this model year fits that brief well. With 39.5% of listings marked as good or great deals, you also have a decent chance of finding a competitive offer.

Is the 2023 BMW 4 Series reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

User feedback highlights that the car feels dependable, enjoyable over time, and well suited to buyers who want a trouble-free premium driving experience. The strong comfort and performance mix also suggests that owners tend to count on it as a satisfying long-term companion.

For used buyers, the main long-term ownership risk is making sure the specific car you choose has been maintained well and checked carefully before purchase.

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

Accident-free inventory is solid at 86.3% — always verify the vehicle history report.

You should still review the history report carefully and confirm there are no hidden accident or title issues. Prioritize a thorough pre-purchase inspection, especially if the car has higher mileage or limited service records. Focus on overall condition, because premium cars can be expensive to refresh if wear items have been neglected.

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

This is a moderate market, so you can be selective without expecting a deep buyer’s market.

• Deal availability: 39.5% of listings are priced as good or great deals.
• Inventory: There are 1,199 listings available.
• Price trend: Prices have softened 9.21% compared with last year.
• Clean inventory: 86.3% of listings are accident-free.

If you find a listing below $39,093, 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 $39,096 sits slightly below last year's $43,063.

That price movement suggests the market has cooled, which can help you buy more efficiently now but may also limit near-term upside if you plan to resell soon. For future sellers, a softer market means condition, mileage, and documentation matter even more when it comes time to set your asking price. Well-kept examples should still hold attention better than neglected ones.

Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, 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:

• 39.5% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.3% — always verify the vehicle history report.
• Price trend: Prices have softened 9.21% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $35,369, the 2022 costs less than the current year's $39,096 average.
• It emphasizes sporty driving dynamics with added everyday usefulness.

The bottom line: If you want the stronger current-market balance of price, inventory, and owner satisfaction, the 2023 is the better default choice. If your priority is spending less upfront, the 2022 is the more budget-friendly path and still delivers the core BMW appeal.

How does the 2023 BMW 4 Series compare to the 2023 Audi A5?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.