Used 2023 BMW M4 for Sale near Illinois

Compare 2023 BMW M4 Trims

The 2023 BMW M4 lineup offers a range of trims from the value-focused Competition Coupe RWD to the fully loaded Coupe RWD, catering to various performance and luxury preferences.

• Starting at $71,101
• Best MPG/MPGe: 16 city / 23 hwy
• Most Popular: Coupe RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

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Trim Deep Dives

Competition Coupe RWD — "Who It's For"

The Competition Coupe RWD is the pick for shoppers who want a high-performance coupe without the premium of the fully loaded trims.

• Avg. market price: $71,101 (updated weekly)
• MPG/MPGe: 16 city / 23 hwy
• Inventory: 82 listings — lower availability; may limit negotiating room
• View Competition Coupe RWD listings

Competition xDrive Coupe AWD — "Who It's For"

The Competition xDrive Coupe AWD is the pick for shoppers who want sporty performance with the added benefit of all-wheel drive.

• Avg. market price: $75,176 (updated weekly)
• MPG/MPGe: 16 city / 22 hwy
• Inventory: 154 listings — lower availability; may limit negotiating room
• View Competition xDrive Coupe AWD listings

Competition xDrive Convertible AWD — "Who It's For"

The Competition xDrive Convertible AWD is the pick for shoppers who want a sporty convertible experience without sacrificing performance.

• Avg. market price: $71,781 (updated weekly)
• MPG/MPGe: 16 city / 23 hwy
• Inventory: 159 listings — lower availability; may limit negotiating room
• View Competition xDrive Convertible AWD listings

Coupe RWD — "Who It's For"

The Coupe RWD is the pick for shoppers who want the ultimate in luxury and performance, featuring the highest horsepower in the lineup.

• Avg. market price: $72,211 (updated weekly)
• MPG/MPGe: 16 city / 23 hwy
• Inventory: 302 listings
• View Coupe RWD listings

Trim Recommendations

Most Popular — Coupe RWD

With 302 active listings, the Coupe RWD is the clear volume leader in the lineup.

Browse Coupe RWD listings

Best Budget Option — Competition Coupe RWD

At $71,101 avg market price — below the lineup median of $71,996 — it's the most accessible entry point.

Browse Competition Coupe RWD listings

Best for Fuel Economy — Competition Coupe RWD

The Competition Coupe RWD offers the best fuel economy in the lineup with 16/23 MPG/MPGe.

Browse Competition Coupe RWD listings

These recommendations are based on CarGurus' proprietary market data from September 12, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2023 BMW M4 cost?

Prices have softened 2.92% compared to this time last year, making it a favorable time to shop this model year.

There are 365 listings available, which gives you a modest amount of inventory to compare.

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.

The M4 is built around performance first, with a direct motorsport connection and multiple body styles that keep it appealing if you want a driver-focused coupe or convertible. The standard car balances everyday BMW polish with serious speed, while the CSL pushes the platform further with more power and less weight.

The main trade-offs are a potentially polarizing design and poor fuel economy. The CSL’s limited availability also makes it harder to find.

31.2% of listings are priced as good or great deals, which suggests there are still some attractive opportunities if you shop carefully.

Is the 2023 BMW M4 reliable?

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

The M4’s twin-turbo six-cylinder setup is presented as a more efficient alternative to BMW’s older V8-powered M cars, and the car comes with a four-year, 50,000-mile limited warranty plus four years of roadside assistance. BMW also gives you a performance-focused package that still feels engineered for daily use, even if the CSL version is much more specialized.

The biggest long-term ownership risk for used buyers is that the car’s high-performance hardware and poor fuel economy can make upkeep and running costs feel more demanding than a typical luxury coupe.

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

Accident-free inventory is solid at 87.4% — always verify the vehicle history report.

You should still check the history report carefully, because a performance car can hide expensive past damage even when it looks clean. Prioritize a pre-purchase inspection that focuses on tires, brakes, suspension wear, and signs of hard use. Pay close attention to condition, especially if you’re considering a higher-output or limited-edition example.

Key things to evaluate:

• Trim level: The standard M4 brings the core performance hardware, while the Competition adds more power and an automatic transmission. The CSL is the most extreme version, with lighter construction and more track-focused equipment, but it also gives up some everyday usability.
• Powertrain: The standard model uses a 3.0-liter twin-turbo inline-six with 473 horsepower and a six-speed manual. Competition models raise output to 503 hp and use an eight-speed automatic, while the CSL increases output to 543 hp and focuses on weight reduction and sharper response.
• 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 the Driving Assistance Professional Package on M4 Competition models.
• Infotainment: You get a 12.3-inch digital instrument cluster, a 10.25-inch touchscreen, 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. The AWD-only M4 Competition convertible and RWD-only M4 CSL are rated at 18 mpg combined.

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, and M4 CSL.

Here's the short version:

• M4 coupe: This is the one to start with if you want the manual transmission and the most traditional driver-focused setup. It gives you the core M4 experience without stepping into the pricier Competition or CSL territory.
• M4 Competition coupe: This is the best-value trim if you want more power and quicker acceleration without jumping all the way to the CSL. It adds the stronger engine tune and the automatic transmission.
• M4 Competition xDrive coupe: Choose this if you want the added traction of all-wheel drive and the quickest all-around acceleration in the regular lineup.
• M4 CSL: This is the enthusiast special. It’s lighter, more powerful, and more focused, but it also sacrifices everyday practicality and is much harder to find.

Standard lane-departure warning, blind-spot monitoring, and rear cross-traffic alert are included, 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 looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 31.2% of listings are priced as good or great deals.
• Inventory: There are 365 listings available.
• Price trend: Prices have softened 2.92% compared with last year.
• Clean inventory: 87.4% of listings are accident-free.

If you find a listing below $71,580, 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 $73,092 sits slightly below last year's $75,287.

That price movement suggests the market has eased a bit, which can help you as a buyer now but may also mean future resale gains are more limited if prices keep softening. If you plan to sell later, the current trend points to a model that should remain desirable, but not one that is likely to appreciate quickly in the near term.

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?

The 2023 BMW M4 does not have published crash test ratings from IIHS or NHTSA.

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

BMW gives you standard lane-departure warning, blind-spot monitoring, and rear cross-traffic alert, but several advanced driver aids are not standard. Adaptive cruise control and lane-keep assist are part of the Driving Assistance Professional Package on M4 Competition models, so you should check equipment carefully if those features matter to you.

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:

• 31.2% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.4% — always verify the vehicle history report.
• Price trend: Prices have softened 2.92% 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 $69,864, the 2022 costs less than the current year's $73,092 average.
• It delivers a nearly perfect blend of power and handling.

The bottom line: If you want the newest version with the CSL option and a slightly softer market, the 2023 is the better target. If your priority is saving money and you still want the core M4 experience, the 2022 is the smarter value play.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.