How much does the 2023 BMW M4 cost?

Prices have softened 3.29% compared to this time last year, making it a favorable time to shop this model year.

There are 353 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $71,548.42, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 BMW M4 a good car?

Yes — the 2023 BMW M4 earns a 5/5 user rating and a 7.67/10 expert rating.

The model scores 9/10 across Performance and Technology.

It stands out as a performance-focused coupe and convertible with strong handling, a manual transmission option, and a motorsport-backed identity. The trade-offs are a potentially polarizing design and poor fuel economy.

Only 32.6% of listings are priced as good or great deals, so you may need to shop selectively to find the best value.

Is the 2023 BMW M4 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The M4 is positioned as a focused performance car with thoughtful attention to detail, and its twin-turbo six-cylinder powertrain is presented as a more efficient alternative to BMW’s older V8 M cars. BMW also backs it with a four-year, 50,000-mile limited warranty and four years of roadside assistance with unlimited mileage.

The main long-term ownership risk for used buyers is that high-performance hardware and limited-edition variants can be costly to maintain if prior care was inconsistent.

What should I look for when buying a used 2023 BMW M4?

Accident-free inventory is solid at 87% — always verify the vehicle history report.

You should still review the history report carefully, because a clean listing percentage does not replace documentation. Prioritize a pre-purchase inspection, especially if the car has been driven hard or modified. Focus on tire wear, brake condition, and signs of track use or cosmetic damage.

Key things to evaluate:

• Trim level: The cabin is largely shared with the base 4 Series, but the M4 adds a beefier M steering wheel, Merino leather seats with increased side bolstering, and optional carbon-fiber trim. More hardcore carbon-fiber bucket seats are available, with fixed-back versions on the CSL.
• Powertrain: The standard model uses a 3.0-liter twin-turbocharged inline-six with 473 horsepower and 406 pound-feet of torque, paired with a six-speed manual and rear-wheel drive. Competition models increase output to 503 hp and 479 lb-ft and use an eight-speed automatic, with xDrive available on the Competition coupe.
• Safety package: Standard equipment includes lane-departure warning, blind-spot monitoring, and rear cross-traffic alert. Adaptive cruise control and lane-keep assist are part of a Driving Assistance Professional Package for M4 Competition models.
• Infotainment: A 12.3-inch digital instrument cluster and 10.25-inch touchscreen are standard, along with wireless Apple CarPlay/Android Auto, a head-up display, and BMW iDrive 7.0.
• Fuel efficiency: The RWD M4 coupe and M4 Competition coupe are rated at 19 mpg combined, with 16 mpg city and 23 mpg highway. The AWD-only M4 Competition convertible and RWD-only M4 CSL are rated at 18 mpg combined, with 16 mpg city and 23 mpg highway.

Which 2023 BMW M4 trim should I buy?

The 2023 BMW M4 is offered in 4 trim levels: M4 coupe, M4 Competition coupe, M4 Competition xDrive coupe, M4 Competition convertible.

Here's the short version:

• Base trim: The M4 coupe gives you the manual transmission and rear-wheel drive, but you give up the extra power and automatic transmission of the Competition models.
• Sweet-spot trim: The M4 Competition coupe is the best all-around pick if you want the stronger 503-hp setup without stepping into the pricier xDrive or convertible versions.
• Premium/top trim: The M4 Competition xDrive coupe adds all-wheel drive for quicker acceleration and better traction, making it the most capable mainstream version.
• Off-road trim: The M4 CSL is the most extreme version, but its limited availability and everyday compromises make it a poor fit for most daily drivers.

Standard safety equipment includes lane-departure warning, blind-spot monitoring, and rear cross-traffic alert, while adaptive cruise control and lane-keep assist require the Driving Assistance Professional Package on M4 Competition models.

Is now a good time to buy a used 2023 BMW M4?

This is a moderate market for selective buyers, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 32.6% of listings are priced as good or great deals.
• Inventory: There are 353 listings available.
• Price trend: Prices have softened 3.29% compared with last year.
• Clean inventory: 87.0% of listings are accident-free.

If you find a listing below $71,548.42, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW M4's resale value?

The current average of $73,807 sits slightly below last year's $76,320.

That softer pricing suggests the market has cooled a bit, which can help you buy more strategically today. For a future seller, the current trend implies you may not see rapid appreciation, but strong enthusiast demand can still support values over time. Well-kept examples with desirable equipment and clean history should remain easier to move than neglected cars.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 BMW M4 safe?

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

As with other BMW models, you have to hit the options list to get many of the safety features that many mainstream brands offer as standard equipment. Standard equipment includes lane-departure warning, blind-spot monitoring, and rear cross-traffic alert, while adaptive cruise control and lane-keep assist are part of a Driving Assistance Professional Package for M4 Competition models.

The main caveat is that crash test ratings from IIHS and NHTSA were not published for this model year.

Should I buy a 2023 BMW M4 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:

• 32.6% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87% — always verify the vehicle history report.
• Price trend: Prices have softened 3.29% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2023 adds the rare M4 CSL, a lighter and more powerful limited edition.

Consider the 2022 if:

• At $70,298, the 2022 costs less than the current year's $73,807 average.
• It emphasizes a highly engaging driver’s-car feel with strong power and handling.

The bottom line: If you want the newest model-year update and the added CSL halo, the 2023 is the better enthusiast pick. If your priority is spending less while still getting the core M4 experience, the 2022 is the smarter value play.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.