Used 2023 BMW 4 Series for Sale nearChicago, IL

How much does the 2023 BMW 4 Series cost?

Prices have softened 10.07% compared to this time last year, making it a favorable time to shop this model year.

There are 1,158 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $39,361.26, 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 the way it feels well equipped from the start. The M440i gets especially positive attention for its fun driving experience and strong feature set. If you want a premium coupe or convertible with a distinctive look and a polished cabin, this model year fits that use case well.

With 34.7% of listings marked as good or great deals, you have a decent chance of finding a competitive example if you shop carefully.

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 car that feels dependable in daily use, with repeated praise for comfort and performance over time. Reviewers describe it as a model people can count on for an enjoyable ownership experience, especially when they value refinement and driving enjoyment together.

For used buyers, that suggests the bigger risk is less about broad ownership disappointment and more about finding a well-kept example with consistent maintenance.

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

Accident-free inventory is solid at 86.8% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a pre-purchase inspection so you can catch any hidden issues before you commit. Pay close attention to overall condition, since a premium car like this can vary a lot depending on how carefully it was maintained and driven. It also makes sense to compare trim, equipment, and wear closely so you know whether the asking price matches the car’s condition.

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

This is a moderate market for selective buyers, so you can shop with some leverage if you stay patient.

• Deal availability: 34.7% of listings are priced as good or great deals.
• Inventory: There are 1,158 listings available.
• Price trend: Prices have softened 10.07% compared with last year.
• Clean inventory: 86.8% of listings are accident-free.

If you find a listing below $39,361.26, 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 $39,366 sits slightly below last year's $43,775.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable point in the cycle. If you plan to sell later, a lower entry price can reduce your exposure to depreciation compared with buying when prices are elevated. Strong demand for well-equipped premium models can also help support future resale, especially when the car has been cared for well.

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:

• 34.7% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.8% — always verify the vehicle history report.
• Price trend: Prices have softened 10.07% compared with last year.
• Owners rate it 4.86/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $35,878, the 2022 costs less than the current year's $39,366 average.
• It emphasizes driving dynamics with added practicality.

The bottom line: If you want the stronger all-around mix of owner satisfaction, market availability, and current pricing momentum, the 2023 is the better primary target. If your priority is spending less up front, the 2022 is the more budget-friendly alternative and still delivers the model’s sporty character.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.