Used 2023 BMW 7 Series for Sale nearMemphis, TN

How much does the 2023 BMW 7 Series cost?

Prices have softened 15.62% compared to this time last year, making it a favorable time to shop this model year.

There are 699 listings available, which suggests you have a meaningful amount of inventory to compare.

Is the 2023 BMW 7 Series a good car?

With a 1/5 user rating and an expert score of 6.7/10, the 2023 BMW 7 Series is a mixed proposition rather than an easy recommendation. The model scores 8/10 across Performance and Safety.

The 7 Series is strongest when you want a large luxury sedan that still feels composed and engaging from behind the wheel. Its ride quality and handling are both highlighted as strengths, and the cabin is described as luxurious and well executed.

The trade-offs are real, though: the technology interface can be frustrating to use, and the new styling is likely to divide opinion. That makes it a better fit if you value comfort and driving polish more than intuitive controls or universally appealing design.

With 36.8% of listings marked as good or great deals, the market gives you some room to shop selectively.

Is the 2023 BMW 7 Series reliable?

The 2023 BMW 7 Series is presented as a well-engineered flagship with a strong comfort-and-performance balance, but it also brings a lot of complexity. The expert review notes that the adaptive cruise control is smooth, and the optional highway driving assistant is one of the better semi-automated systems available.

The performance write-up also points to a powertrain that responds quickly and smoothly, with confident braking and a composed ride. That said, the car’s advanced systems and layered controls add complexity that can make ownership feel more demanding than a simpler luxury sedan.

If you plan to keep one long term, the biggest risk is that the car’s sophistication may translate into more frustration as systems age and maintenance needs become more involved.

What should I look for when buying a used 2023 BMW 7 Series?

Accident-free inventory is solid at 81.4% — always verify the vehicle history report.

You should still check the report carefully, because a clean listing percentage does not replace a proper history review. Prioritize a thorough inspection of the electronics, driver-assistance features, and cabin controls, since this model leans heavily on technology. It also makes sense to focus on overall condition and how well the interior and interface have been maintained.

Key things to evaluate:

• Trim level: The standard 7 Series design emphasizes a modern, minimal interior with excellent materials quality, while the M Sport theme and M Sport Professional theme change the exterior look. The base setup already includes a premium cabin, but the more dramatic styling themes and rear-seat luxury features can change the experience significantly.
• Powertrain: The base 740i uses a 3.0-liter turbocharged six-cylinder with a 48-volt mild hybrid system, while the 760i xDrive upgrades to a 4.4-liter twin-turbo V8. The six-cylinder is the efficiency-minded choice, and the V8 is the stronger performance option.
• Safety package: Standard equipment includes frontal collision warning with automatic emergency braking, adaptive cruise control, a blind-spot monitor, lane-keep assist, a traffic-sign reader, adaptive headlights, parking sensors, and safe exit warnings. The optional Driving Assistance Professional package adds a hands-free automated driving system for highways.
• Infotainment: The car uses iDrive 8, which can be controlled by touchscreen, central dial, or voice commands. The system is feature-rich, but it can become complicated deeper in the menus.
• Fuel efficiency: The base 740i is estimated to return 31 mpg in combined city and highway driving, while the 760i is estimated to return 26 mpg.

Which 2023 BMW 7 Series trim should I buy?

The 2023 BMW 7 Series is offered in 2 trim levels: 740i, 760i xDrive.

Here's the short version:

• 740i: This is the better-value choice if you want the core 7 Series experience with the six-cylinder mild-hybrid setup and the strongest efficiency. It should suit you best if comfort and luxury matter more than maximum power.
• 760i xDrive: Choose this if you want the V8’s extra performance and don’t mind paying more for it. It’s the more powerful, more expensive option, but the 740i is the smarter buy for most shoppers.

The optional Driving Assistance Professional package adds a hands-free automated driving system for highways.

Is now a good time to buy a used 2023 BMW 7 Series?

This looks like a moderate buyer’s market, so you can be selective without waiting forever.

• Deal availability: 36.8% of listings are priced as good or great deals.
• Inventory: There are 699 listings available.
• Price trend: Prices have softened 15.62% compared with last year.
• Clean inventory: 81.4% of listings are accident-free.

If you find a listing below $59,602, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW 7 Series's resale value?

The current average of $59,602 sits slightly below last year's $70,632.

That drop suggests the market has already adjusted downward, which can help you buy at a more favorable point. If you sell later, the same trend means you may face softer resale conditions than owners saw a year ago.

For a future seller, the key takeaway is that this model’s value is being shaped by a meaningful price correction. If you buy well now, you may reduce the sting of depreciation, but you should still expect resale to depend heavily on condition, mileage, and equipment.

Is the 2023 BMW 7 Series safe?

The 2023 BMW 7 Series has not been crash tested by NHTSA or IIHS yet.

It earns an 8/10 safety score from our experts.

Standard safety features include frontal collision warning with automatic emergency braking, adaptive cruise control, a blind-spot monitor, lane-keep assist, a traffic-sign reader, adaptive headlights, parking sensors, and safe exit warnings. The optional Driving Assistance Professional package adds a hands-free automated driving system for highways.

One caveat is that the car’s advanced driver-assistance setup is partly tied to optional equipment, so you should confirm exactly what a used example includes before you buy.

Should I buy a 2023 BMW 7 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:

• 36.8% of listings are priced as good or great deals.
• Accident-free inventory is solid at 81.4% — always verify the vehicle history report.
• Price trend: Prices have softened 15.62% compared with last year.
• The 2023 brings the redesigned flagship look and a strong blend of comfort, luxury, and performance.

Consider the 2024 if:

• At $65,939, the 2024 costs more than the current year's $59,602 average.
• It adds the plug-in hybrid 750e and a lightly updated infotainment system.

The bottom line: If you want the better value, the 2023 is the smarter starting point because prices are lower and the core flagship experience is already strong. If you want the newer-year update and are willing to pay more, the 2024 is the alternative to consider.

How does the 2023 BMW 7 Series compare to the 2023 Mercedes-Benz S-Class?

Expert Pros & Cons (per CarGurus review team)

2023 BMW 7 Series:

• Pros: Comfortable, Great ride quality, Great handling.
• Cons: Unintuitive technology, Potentially polarizing design.

2023 Mercedes-Benz S-Class:

• Pros: Impressive technology, Premium interior materials, Impressive electric range.
• Cons: Doesn’t qualify for federal tax rebate, Very expensive.

Our experts score the 2023 BMW 7 Series 6.7/10 and the 2023 Mercedes-Benz S-Class 8.5/10. The BMW is the more engaging driver’s car, with stronger handling and a comfortable ride, but its technology is harder to live with. The Mercedes-Benz S-Class looks like the more polished luxury choice overall, especially if you value technology and premium materials. If you want the sportier feel, the BMW makes sense; if you want the more complete luxury experience, the S-Class is the stronger pick.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.