Used 2023 BMW 4 Series for Sale nearChicago, IL

How much does the 2023 BMW 4 Series cost?

Prices have softened 8.90% compared to this time last year, making it a favorable time to shop this model year.

There are 1,128 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $39,468.44, that's toward the low end of the year-round range and worth acting on quickly.

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 how well equipped it feels from the start. That fits the 4 Series well if you want a premium coupe or convertible with a distinctive look and a cabin that feels modern and upscale. The model’s appeal is strongest if you value driving enjoyment and a high level of standard equipment over a conservative design.

With 29.8% of listings marked as good or great deals, you still have 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 owner feedback also points to a dependable ownership experience, with drivers highlighting comfort and performance in a way that suggests they feel confident living with the car over time. That kind of response matters if you want a used luxury model you can count on for regular driving.

For used buyers, the main long-term risk is less about broad owner dissatisfaction and more about choosing a poorly maintained example, so condition and service history matter.

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 still check the report carefully and confirm that the car’s condition matches the listing photos and description. Prioritize a pre-purchase inspection if you’re considering a higher-mileage example or one with incomplete service records. Focus on signs of wear, prior bodywork, and whether the car’s equipment and interior features all work as expected.

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

This is a moderate market for buyers, so you can shop selectively without expecting a deep bargain on every listing.

• Deal availability: 29.8% of listings are priced as good or great deals.
• Inventory: There are 1,128 listings available.
• Price trend: Prices have softened 8.90% compared with last year.
• Clean inventory: 87.2% of listings are accident-free.

If you find a listing below $39,468.44, 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 $39,817 sits slightly below last year's $43,708.

That softer pricing can help you buy more efficiently today, but it also means future resale values may depend heavily on how well you preserve the car. A clean history, strong condition, and desirable equipment should help support demand when you eventually sell. If you buy well and maintain it carefully, you’ll be in a better position to recover more of your investment later.

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:

• 29.8% 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 8.90% compared with last year.
• Owners rate it 4.86/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $36,216, the 2022 costs less than the current year's $39,817 average.
• It adds rear-seat practicality with a hatchback layout.

The bottom line: If you want the stronger all-around shopping balance, the 2023 is the better target because it combines softer pricing, solid inventory, and strong owner satisfaction. If your top priority is spending less upfront, the 2022 is the better secondary path, especially if you value its added practicality.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.