Used 2023 BMW M4 for Sale near Elizabeth, NJ
114 results
CarGurus Analysis:
2023 BMW M4
With 371 currently listed for sale and an average price of $72,074.00, 34.0% 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.
87.1% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the high-performance CSL edition, featuring a powerful 543 horsepower engine and a focus on lightweight design for enhanced driving dynamics.
CarGurus Analysis: 2023 BMW M4
overall
Summary
With 371 currently listed for sale and an average price of $72,074.00, 34.0% 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.
87.1% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 introduced the high-performance CSL edition, featuring a powerful 543 horsepower engine and a focus on lightweight design for enhanced driving dynamics.
Why it stands out
The 2023 BMW M4 excels as a performance-oriented vehicle, seamlessly combining power and luxury. With a powerful 3.0-liter twin-turbo inline-six engine, the standard M4 delivers a hefty 473 horsepower, while the M4 Competition enhances that to 503 horsepower and boasts superior handling with its optional all-wheel drive. The limited-production M4 CSL variant further elevates the performance landscape, featuring a lighter chassis and a remarkable power-to-weight ratio. Distinctive styling elements, including aggressive fenders and a prominent grille, assert its sporty stance, despite drawing mixed reactions. Coupled with a sophisticated infotainment system, outstanding handling capabilities, and availability of a manual transmission, the M4 caters to driving enthusiasts while providing a luxury experience. However, its polarizing design and lower fuel economy may deter some buyers. Nevertheless, the M4 solidifies its place within the performance segment by offering keen enthusiasts a blend of thrilling performance and day-to-day usability.
Other model years to consider
- Average price: $88,821.00
- Good/great deal percentage: 33.0%
- Total listings: 327
- Average price: $76,883.00
- Good/great deal percentage: 32.4%
- User rating: 5 / 5
- Total listings: 392
- Average price: $68,987.00
- Good/great deal percentage: 33.5%
- User rating: 5 / 5
- Total listings: 284
This analysis is based on CarGurus' proprietary market data from May 4, 2026, CarGurus experts' opinions, and generative AI.
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5.0 Overall rating
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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
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Chicago: The average price in Chicago, IL ($84,910) stands out as the most expensive market, likely due to limited supply and high demand for luxury sports cars.
- Lowest Prices in Miami: Miami, FL ($67,713) offers the lowest average price among major cities, indicating a more competitive market with potentially higher inventory.
- Inventory Variability: Cities like New York (116 listings) and Philadelphia (101 listings) maintain robust inventory levels, which correlates with relatively stable pricing around $67K–$72K.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Chicago, IL | 91 | $84,910 |
| Dallas, TX | 75 | $75,050 |
| Los Angeles, CA | 94 | $73,763 |
| New York, NY | 116 | $67,772 |
| Miami, FL | 84 | $67,713 |
| Houston, TX | 77 | $69,181 |
| Philadelphia, PA | 101 | $71,980 |
| Washington, DC | 103 | $70,455 |
| Atlanta, GA | 88 | $73,167 |
| Boston, MA | 96 | $69,555 |
Pricing by Trim Packages
Key Insights
- RWD Trim Dominance: The Coupe RWD (258 listings) is the most available trim, highlighting consumer preference and serving as the base for pricing in the market.
- AWD Popularity: The Competition xDrive Coupe AWD (152 listings) indicates strong consumer interest in AWD performance, which likely reflects demand for capability in varying driving conditions.
- Price Variation Across Trims: The CSL Coupe RWD ($74,700 MSRP) is the most affordable trim, while the Coupe RWD ($139,900 MSRP) significantly exceeds this, showcasing the range of luxury features and performance options available.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Coupe RWD | 258 | $139,900 | RWD | 3.0L 543 hp I6 |
| Competition xDrive Coupe AWD | 152 | $82,700 | AWD | 3.0L 503 hp I6 |
| Competition xDrive Convertible AWD | 139 | $89,700 | AWD | 3.0L 503 hp I6 |
| Competition Coupe RWD | 108 | $78,600 | RWD | 3.0L 503 hp I6 |
| CSL Coupe RWD | 9 | $74,700 | RWD | 3.0L 473 hp I6 |
Pricing Analysis by Model Year
Key Insights
- Depreciation Concerns: The 2021 BMW M4 shows a significant drop in value with an average price of $65,055, indicating a 9.9% depreciation from its original MSRP, highlighting a trend towards rapid value loss in luxury sports vehicles.
- Recent Models Maintain Value: The 2026 model is currently priced at $91,353, a notable 11.1% above MSRP, driven by limited availability and high demand for immediate ownership.
- Older Models Exhibit Significant Depreciation: Earlier years, such as the 2018 model, have depreciated substantially, selling for $42,518, which is about 38.4% lower than its original MSRP.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 BMW M4 | $82,200 | $91,353 | +11.1% |
| 2025 BMW M4 | $79,700 | $91,019 | +14.3% |
| 2024 BMW M4 | $78,100 | $77,296 | -1.0% |
| 2022 BMW M4 | $72,000 | $70,273 | -2.4% |
| 2021 BMW M4 | $71,800 | $65,055 | -9.9% |
| 2020 BMW M4 | $69,150 | $53,527 | -22.6% |
| 2019 BMW M4 | $69,150 | $52,112 | -24.7% |
| 2018 BMW M4 | $68,700 | $42,518 | -38.4% |
| 2017 BMW M4 | $66,200 | $35,810 | -45.9% |
| 2016 BMW M4 | $65,700 | $63,101 | -4.0% |
| 2015 BMW M4 | $64,200 | $34,238 | -46.5% |
These recommendations are based on CarGurus' proprietary market data from May 8, 2026, CarGurus experts' opinions, and generative AI.
