How much does the 2023 BMW 8 Series cost?

Prices have softened 10.55% compared to this time last year, making it a favorable time to shop this model year.

There are 364 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $58,629.65, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 BMW 8 Series a good car?

The 2023 BMW 8 Series earns a 7.33/10 expert rating, and the model scores 9/10 across Look and feel and Performance.

The model scores 9/10 across Look and feel and Performance.

That lines up with its role as BMW’s flagship among coupes and convertibles: you get multiple body styles, a dramatic design, and handling that stands out in testing. The trade-offs are that form and function are only middling, and cost effectiveness is also just average, so you’re paying for style and driving feel more than everyday practicality or value.

The market shows 26.1% good or great deals, which suggests there are still some attractive opportunities if you shop carefully.

Is the 2023 BMW 8 Series reliable?

The 2023 BMW 8 Series is positioned as a high-end grand tourer with a refined cabin and strong performance, but it also carries the usual complexity that comes with a premium, low-volume model. Its six-cylinder version is the most efficient choice, while the V8 models ask more from your fuel budget.

The performance side is straightforward: the 840i uses a turbocharged inline-six, while higher trims move to V8 power and more aggressive tuning. That means the car’s mechanical range is broad, but the more powerful versions are also the ones that will cost more to run.

BMW includes a four-year, 50,000-mile new vehicle limited warranty and four years of roadside assistance with unlimited mileage, which helps early ownership. For a used buyer, the main long-term risk is that a sophisticated luxury coupe or convertible can become expensive if you inherit deferred maintenance or heavily optioned equipment.

What should I look for when buying a used 2023 BMW 8 Series?

Accident-free inventory is solid at 85.7% — always verify the vehicle history report.

You should still check the history report on every candidate, because a clean listing percentage does not replace a proper paper trail. Prioritize a pre-purchase inspection that focuses on the condition of the cabin, electronics, and any optional equipment, since this model can be loaded with expensive features. Pay extra attention to whether the car has the driver-assistance equipment you want, because some advanced safety tech is not standard.

Key things to evaluate:

• Trim level: The base 840i is the most stripped-down version in terms of driver-assistance equipment, so you should confirm whether it has the options you want before you buy.
• Powertrain: The 840i uses a 3.0-liter turbocharged inline-six with 335 horsepower and 368 pound-feet of torque, while the M850i xDrive moves to a 4.4-liter twin-turbo V8 with 523 hp and 553 lb-ft of torque; the M8 Competition uses a tuned V8 with 617 hp.
• Safety package: The base car only gets forward collision warning, automatic emergency braking and lane-departure warning. The optional Driving Assistance Package adds blind-spot monitoring, rear cross-traffic alert, traffic-sign recognition, parking assist, park distance control, and a surround-view camera system. You then need the Driving Assistance Professional Package for adaptive cruise control with stop-and-go, traffic-jam assist, and active lane-keep assist.
• Infotainment: All 8 Series models get a standard 12.3-inch touchscreen, a 12.3-inch digital instrument cluster, seventh-generation BMW iDrive, wireless Apple CarPlay and Android Auto, a Harman Kardon audio system, a head-up display, and a WiFi hotspot.
• Fuel efficiency: The 840i is rated at 24 mpg combined, while the M850i xDrive is rated at 19 mpg combined and the M8 Competition at 17 mpg combined.

Which 2023 BMW 8 Series trim should I buy?

The 2023 BMW 8 Series is offered in 4 trim levels: 840i, 840i xDrive, M850i xDrive, and M8 Competition.

Here's the short version:

• 840i: This is the best-value choice if you want the 8 Series experience without jumping into V8 pricing. It still gives you the flagship styling, the standard 12.3-inch touchscreen, wireless smartphone connectivity, and the most efficient powertrain in the lineup.
• 840i xDrive: Choose this if you want the same six-cylinder setup with all-wheel drive for added traction. It makes sense if you like the 840i formula but want AWD confidence.
• M850i xDrive: This is the step-up trim if you want a much stronger V8 and a more serious performance character. It suits you if you care more about speed and power than value.
• M8 Competition: This is the top performance choice, with 617 hp and the most extreme tuning in the lineup. It’s for you if you want the fastest, most track-focused version and are willing to pay for it.

The safety package is still optional on the base car, so make sure the specific vehicle you’re considering has the driver-assistance equipment you want.

Is now a good time to buy a used 2023 BMW 8 Series?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 26.1% of listings are priced as good or great deals.
• Inventory: There are 364 listings available.
• Price trend: Prices have softened 10.55% compared with last year.
• Clean inventory: 85.7% of listings are accident-free.

If you find a listing below $58,629.65, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW 8 Series's resale value?

The current average of $59,477 sits slightly below last year's $66,494.

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, the current softness means you should be realistic about depreciation, especially if you choose a higher-priced V8 model or add expensive options.

The good news is that the 8 Series still has strong flagship appeal, so well-kept examples with desirable equipment should remain easier to market than neglected ones. If you buy carefully now, you may be able to limit some of the resale hit by starting from a lower entry price.

Is the 2023 BMW 8 Series safe?

The 2023 BMW 8 Series does not have released crash test ratings from IIHS or NHTSA.

It earns a 6/10 safety score from our experts.

The base 840i only gets forward collision warning, automatic emergency braking and lane-departure warning. If you want more protection, the optional Driving Assistance Package adds blind-spot monitoring, rear cross-traffic alert, traffic-sign recognition, parking assist, park distance control, and a surround-view camera system. You then need the Driving Assistance Professional Package for adaptive cruise control with stop-and-go, traffic-jam assist, and active lane-keep assist.

A key caveat is that advanced safety features are not standard, so you should verify exactly which packages are installed on any used example you’re considering.

Should I buy a 2023 BMW 8 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:

• 26.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 85.7% — always verify the vehicle history report.
• Price trend: Prices have softened 10.55% compared with last year.
• The 2023 model adds exterior styling tweaks and an enlarged touchscreen, while keeping the flagship coupe-and-convertible formula intact.

The bottom line: If you want the freshest version of this generation with a lower average price than last year, the 2023 is the one to target. If you’re mainly chasing the lowest possible purchase price, a nearby year may be worth comparing, but the 2023 gives you a strong mix of updated tech, strong performance, and softer pricing.

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