Used 2023 BMW 8 Series for Sale nearBloomington, IL

How much does the 2023 BMW 8 Series cost?

Prices have softened 9.42% compared to this time last year, making it a favorable time to shop this model year.

There are 354 listings available, which gives you a workable amount of inventory to compare trims and body styles.

Is the 2023 BMW 8 Series a good car?

The 2023 BMW 8 Series is a flagship grand tourer that blends luxury and sportiness, and it offers multiple body styles that broaden its appeal if you want the same upscale character in different forms. It also gets small updates for 2023, including exterior styling tweaks and an enlarged touchscreen.

Its expert rating is 7.33/10.

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

The main trade-offs are that advanced safety features are not standard, and the car’s upscale, performance-first focus means you may need to step up in equipment to get the features you want. Even so, the combination of stylish design and great handling makes it a strong fit if you want a luxurious performance car with broad body-style choice.

There are 38.7% good or great deals in the market, so you have some room to shop selectively.

Is the 2023 BMW 8 Series reliable?

The 2023 BMW 8 Series is positioned as a polished luxury grand tourer, and its expert review emphasizes a refined cabin, strong performance, and a comfortable ride that still feels sporty. The six-cylinder version is also described as the most efficient choice, which can help reduce day-to-day ownership strain.

Its performance notes point to a broad spread of powertrains, from the 840i’s turbocharged inline-six to the V8-powered M850i xDrive and M8 Competition, so long-term ownership costs will vary a lot depending on the version you choose. The warranty coverage includes four years or 50,000 miles of new-vehicle limited coverage, plus four years of roadside assistance with unlimited mileage.

For used buyers, the biggest long-term risk is that higher-output versions can bring higher fuel use and potentially higher running costs, so condition and maintenance history matter more than badge appeal alone.

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

Accident-free inventory is solid at 88.7% — always verify the vehicle history report.

You should still check the history report carefully, because a clean listing percentage does not replace a proper records review. Prioritize a pre-purchase inspection that focuses on body condition, electronics, and any signs of expensive wear on luxury features. If you are comparing cars, pay close attention to how well the cabin equipment and exterior finish have been maintained.

Key things to evaluate:

• Trim level: The lineup includes coupe, convertible, and four-door Gran Coupe body styles, with 840i, 840i xDrive, M850i xDrive, M8 Competition, and Alpina B8 versions mentioned. The base 840i is the entry point, while the higher-output variants add more performance and exclusivity.
• Powertrain: The 840i uses a 3.0-liter turbocharged inline-six with 335 horsepower and 368 pound-feet of torque. The M850i xDrive uses a 4.4-liter twin-turbo V8 with 523 hp and 553 lb-ft, while the M8 Competition uses a tuned version of that V8 with 617 hp and 553 lb-ft. The Alpina B8 Gran Coupe is also V8-powered and tuned for a more luxurious character.
• Safety package: The base 840i 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. In testing, the 840i Gran Coupe returned an indicated average of 24.4 mpg.

Which 2023 BMW 8 Series trim should I buy?

The 2023 BMW 8 Series is offered in 5 trim levels: 840i, 840i xDrive, M850i xDrive, M8 Competition, Alpina B8 Gran Coupe.

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 delivers the car’s refined cabin, strong tech, and satisfying driving character, and the review specifically calls an 840i Gran Coupe a strong value in this market segment.
• 840i xDrive: Choose this if you want the same six-cylinder formula with all-wheel drive for added traction. It keeps the core appeal of the 840i while adding AWD capability.
• M850i xDrive: This is the step-up choice if you want a much stronger V8 punch and a more serious performance feel. It adds a 4.4-liter twin-turbo V8 and is aimed at buyers who want more muscle without going all the way to the top performance model.
• M8 Competition: Pick this if outright performance is your priority. It uses a 617-hp tuned V8 and is described as the racetrack-focused version of the lineup.
• Alpina B8 Gran Coupe: This is the choice if you want high performance with a more luxurious character. It pairs very strong output with a more autobahn-oriented personality.

The base 840i only gets the most essential driver-assistance features, so if safety tech matters to you, look for a car equipped with the optional Driving Assistance Package and, if desired, the Driving Assistance Professional Package.

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

The market looks moderate and selective right now, so you can shop carefully without feeling rushed.

• Deal availability: 38.7% of listings are priced as good or great deals.
• Inventory: There are 354 listings available.
• Price trend: Prices have softened 9.42% compared with last year.
• Clean inventory: 88.7% of listings are accident-free.

If you find a listing below $58,504, 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 $59,384 sits slightly below last year's $65,561.

That drop suggests the market has moved in buyers’ favor, which can make the car easier to shop now than it was a year ago. If you buy at today’s average, you are starting from a lower price base than last year’s sellers did.

For a future seller, that means resale value may remain sensitive to mileage, condition, and equipment level. Well-kept examples with desirable options should hold up better than higher-mileage cars or lightly equipped versions.

Is the 2023 BMW 8 Series safe?

The 2023 BMW 8 Series doesn’t 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. For adaptive cruise control with stop-and-go, traffic-jam assist, and active lane-keep assist, you need the Driving Assistance Professional Package.

The main safety caveat is that advanced driver-assistance features are not standard, so you should verify exactly which packages are installed on any used example you consider.

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:

• 38.7% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.7% — always verify the vehicle history report.
• Price trend: Prices have softened 9.42% compared with last year.
• It gives you the updated touchscreen and styling tweaks while keeping the lineup broad and the flagship grand tourer character intact.

The bottom line: If you want the newest version of this generation with the updated tech and styling, the 2023 is the cleanest pick. If you are mainly chasing value, a nearby model year may be worth comparing, but the 2023 stands out if you want the latest setup without giving up the 8 Series’ luxury-performance formula.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.