Used 2023 BMW M4 for Sale near Phoenix, AZ
64 results
CarGurus Analysis:
2023 BMW M4
With 318 currently listed for sale and an average price of $72,134.00, 33.0% 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.
87.4% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 distinguishes itself with a motorsport-inspired design, advanced performance features, and a thrilling driving experience, including the introduction of the limited-edition M4 CSL.
CarGurus Analysis: 2023 BMW M4
overall
Summary
With 318 currently listed for sale and an average price of $72,134.00, 33.0% 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.
87.4% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 distinguishes itself with a motorsport-inspired design, advanced performance features, and a thrilling driving experience, including the introduction of the limited-edition M4 CSL.
Why it stands out
The 2023 BMW M4 continues the legacy of luxury performance with significant upgrades that make it stand out in the high-performance coupe market. Borrowing its aggressive styling from the BMW lineage, the M4 strikes a balance between bold aesthetics and aerodynamic functionality, featuring flared fenders and numerous air intakes to enhance both cooling and performance. This year, the introduction of the M4 CSL elevates performance to new heights with a potent 543-horsepower engine and a focus on weight reduction, bringing a hardcore driving experience that promises exhilarating speeds and improved handling dynamics.
The M4's performance is complemented by its sophisticated interior, which includes high-quality materials and cutting-edge tech like a 12.3-inch digital instrument cluster and advanced infotainment systems. For those seeking a sports car experience without sacrificing everyday usability, the M4’s interior design strikes a balance, offering ample passenger space and trunk capacity compared to competitors like the Audi RS 5. While the M4 does come with some limitations in fuel economy and a design that might polarize opinions, its superb handling, multiple body style options, and impressive power make it an appealing choice for performance enthusiasts.
Other model years to consider
- Average price: $77,169.00
- Good/great deal percentage: 32.5%
- User rating: 5 / 5
- Total listings: 342
- Average price: $88,812.00
- Good/great deal percentage: 32.2%
- Total listings: 295
- Average price: $68,846.00
- Good/great deal percentage: 32.5%
- User rating: 5 / 5
- Total listings: 246
This analysis is based on CarGurus' proprietary market data from May 25, 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: Phoenix, AZ Market Report
Pricing by Nearby Locations
Market Area: Phoenix, AZ
Key Insights
- Identical Pricing in Surprise and Apache Junction: Both locations show a current average price of $82,330, indicating similar market conditions or inventory distribution.
- Best Value in Casa Grande: The average price here is $73,746, which is $8,584 lower than the higher-priced locations, suggesting better value for buyers.
- Moderate Inventory Levels: With each city maintaining around 60 listings, this indicates stable regional demand without signs of over-saturation.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Surprise, AZ | 62 | $82,330 |
| Apache Junction, AZ | 63 | $82,330 |
| Casa Grande, AZ | 61 | $73,746 |
Pricing by Trim Packages
Key Insights
- Predominance of RWD Trims: The Coupe RWD trim leads with 64 listings, likely reflecting a balance of performance and luxury appeal.
- Significantly Priced Competition xDrive Convertibles: The Competition xDrive Convertible AWD carries an MSRP of $89,700, making it the most expensive trim, highlighting the premium features included.
- Limited Stock of CSL Coupe: With only 2 listings, the CSL Coupe RWD is in scarce supply, reflecting niche demand among enthusiasts.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Coupe RWD | 64 | $139,900 | RWD | 3.0L 543 hp I6 |
| Competition xDrive Coupe AWD | 27 | $82,700 | AWD | 3.0L 503 hp I6 |
| Competition xDrive Convertible AWD | 20 | $89,700 | AWD | 3.0L 503 hp I6 |
| Competition Coupe RWD | 25 | $78,600 | RWD | 3.0L 503 hp I6 |
| CSL Coupe RWD | 2 | $74,700 | RWD | 3.0L 473 hp I6 |
Pricing Analysis by Model Year
Key Insights
- Rising Premium for Newer Models: The 2026 BMW M4 currently averages $93,991, representing a 14.3% increase over its MSRP, indicating high demand for the latest offerings.
- Significant Depreciation in Older Models: The 2018 BMW M4 has depreciated sharply to $33,800, marking a decline of ~50.8% from its original MSRP, reflecting typical luxury car depreciation trends.
- Stable Value in Recent Model Years: The 2021 BMW M4 shows a current average price of $64,200, implying a moderate drop of −10.1% against MSRP, making it a potential target for buyers seeking value in recent models.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $82,200 | $93,991 | +14.3% |
| 2025 | $79,700 | $93,093 | +16.7% |
| 2024 | $78,100 | $74,746 | -4.4% |
| 2022 | $72,000 | $68,316 | -5.5% |
| 2021 | $71,800 | $64,200 | -10.1% |
| 2020 | $69,150 | $68,157 | -1.4% |
| 2019 | $69,150 | $61,991 | -10.3% |
| 2018 | $68,700 | $33,800 | -50.8% |
| 2016 | $65,700 | $69,640 | +6.4% |
| 2015 | $64,200 | $33,373 | -47.9% |
These recommendations are based on CarGurus' proprietary market data from May 28, 2026, CarGurus experts' opinions, and generative AI.
