Used 2023 BMW M4 for Sale near Chicago, IL
87 results
CarGurus Analysis:
2023 BMW M4
With 322 currently listed for sale and an average price of $72,513.00, 29.8% of 2023 BMW M4s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW M4 5 / 5 stars.
88.5% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the CSL variant, a limited-edition model that emphasizes performance by being both more powerful and lighter than the standard M4.
CarGurus Analysis: 2023 BMW M4
overall
Summary
With 322 currently listed for sale and an average price of $72,513.00, 29.8% of 2023 BMW M4s for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW M4 5 / 5 stars.
88.5% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the CSL variant, a limited-edition model that emphasizes performance by being both more powerful and lighter than the standard M4.
Why it stands out
The 2023 BMW M4 sets itself apart with its impressive performance pedigree and the introduction of the CSL variant, which elevates the M4 experience to a new level. With a powerful 3.0-liter twin-turbocharged inline-six engine capable of producing up to 543 horsepower in the CSL model, the M4 is designed to deliver an exhilarating driving experience. This version also emphasizes lightweight construction, with extensive use of carbon-fiber components that improve performance and handling. The M4's sophisticated infotainment system, equipped with a 12.3-inch digital instrument cluster and an intuitive touchscreen, ensures that drivers can focus on the road while having access to a wealth of information and control over various performance settings. However, the design may be polarizing, with its distinct oversized grille drawing mixed reactions. Ultimately, the M4 balances incredible handling capabilities with everyday usability, making it a compelling choice for buyers seeking a high-performance luxury coupe.
Other model years to consider
- Average price: $88,425.00
- Good/great deal percentage: 29.5%
- Total listings: 298
- Average price: $77,624.00
- Good/great deal percentage: 29.1%
- User rating: 5 / 5
- Total listings: 340
- Average price: $68,464.00
- Good/great deal percentage: 32.2%
- User rating: 5 / 5
- Total listings: 239
This analysis is based on CarGurus' proprietary market data from June 8, 2026, CarGurus experts' opinions, and generative AI.
Relevant articles
The Best Track Cars of 2026
The best track day cars can handle a hard day of racing and then head back home to serve as a daily driver. Here are our picks for the very best track car choices in 2025.
Who Makes BMW Cars?
BMW is a German automaker known for performance luxury vehicles. It builds sport sedans, SUVs, and electric vehicles that deliver cutting-edge technology and engaging driving dynamics.
Who Makes Acura Cars?
Acura is a Japanese luxury car brand and is the premium division of Honda. It makes refined and high-tech sedans and SUVs, some of which are highly competitive in their respective vehicle segments.
5.0 Overall rating
Filter by rating
James D
Reviewed a 2023 BMW M4 on Dec 6, 2023
My 2023 BMW M4 Competition xDrive is a thrilling symphony of power and precision. Its aggressive design exudes athleticism, while the 503-horsepower twin-turbocharged engine and xDrive all-wheel drive deliver breathtaking acceleration and confidence-inspiring handling. The luxurious interior, adorned with premium materials and cutting-edge technology, provides a cocoon of comfort and convenience. As a potent combination of performance and refinement, the M4 Competition xDrive stands as a true embodiment of driving pleasure. All around perfection!
Steve N
Reviewed a 2023 BMW M4 on Feb 19, 2023
Well appointed, cutting edge technology and versatile - a comfortable daily driver and a beast when you want it to be. Continue to be surprised and impressed with its power, speed and handling.
2023 BMW M4 Trims
| Trim type | MSRP |
|---|---|
| Coupe RWD | $139,900 |
| Competition Coupe RWD | $78,600 |
| Competition xDrive Coupe AWD | $82,700 |
| Competition xDrive Convertible AWD | $89,700 |
| CSL Coupe RWD | $74,700 |
2023 BMW M4 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 BMW M4 prices has changed over time.
See more price trends2023 BMW M4 Pricing Analysis: Chicago, IL Market Report
Pricing by Nearby Locations
Market Area: Chicago, IL
Key Insights
- Higher Prices in Suburban Areas: Both Palatine, IL ($94,222) and Aurora, IL ($94,222) command premium prices, reflective of a wealthier demographic and potentially lower inventory.
- Lower Prices in Lafayette: The average price in Lafayette, IN ($73,924) is significantly lower, indicating either higher inventory levels or less demand for luxury vehicles.
- Inventory Stability: Each of the listed cities has similar inventory levels, suggesting a consistent supply across nearby markets.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 88 | $94,222 |
| Aurora, IL | 88 | $94,222 |
| Lafayette, IN | 80 | $73,924 |
Pricing by Trim Packages
Key Insights
- Most Listings for RWD Coupe: The Coupe RWD trim is the most available option with 84 listings, underscoring its appeal among buyers.
- Higher Price for Premium Trims: The Coupe RWD ($139,900 MSRP) holds the highest MSRP, reflecting its luxury features, which may not translate into mainstream market demand compared to performance-oriented trims.
- AWD Trims See Balanced Demand: The Competition xDrive Coupe AWD and its convertible counterpart combine for 67 listings, indicating steady interest in AWD configurations among performance enthusiasts.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Coupe RWD | 84 | $139,900 | RWD | 3.0L 543 hp I6 |
| Competition xDrive Coupe AWD | 36 | $82,700 | AWD | 3.0L 503 hp I6 |
| Competition xDrive Convertible AWD | 31 | $89,700 | AWD | 3.0L 503 hp I6 |
| Competition Coupe RWD | 26 | $78,600 | RWD | 3.0L 503 hp I6 |
| CSL Coupe RWD | 6 | $74,700 | RWD | 3.0L 473 hp I6 |
Pricing Analysis by Model Year
Key Insights
- Highest Premium for New Models: The 2026 BMW M4 is priced at $98,192, representing a 19.3% premium over its MSRP, highlighting strong demand for the latest offerings.
- Steep Depreciation Curves: Significant depreciation begins as early as the 2021 model, which has fallen to $66,379, translating to a 7.9% decline from its original MSRP, demonstrating the accelerated value loss typical of luxury sports cars.
- Value in 2018 and 2019 Models: The 2019 BMW M4 averages $44,262, showing a substantial drop of -18.7% from its original MSRP, which might indicate an attractive buying opportunity for budget-conscious buyers looking for performance without the latest price tag.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $82,200 | $98,192 | +19.3% |
| 2025 | $79,700 | $90,510 | +13.5% |
| 2024 | $78,100 | $80,226 | +2.7% |
| 2022 | $72,000 | $69,434 | -3.6% |
| 2021 | $71,800 | $66,379 | -7.9% |
| 2020 | $69,150 | $54,295 | -21.4% |
| 2018 | $68,700 | $44,262 | -35.6% |
| 2017 | $66,200 | $37,995 | -42.5% |
| 2016 | $65,700 | $50,494 | -23.1% |
| 2015 | $64,200 | $35,245 | -45.0% |
These recommendations are based on CarGurus' proprietary market data from June 11, 2026, CarGurus experts' opinions, and generative AI.
