How much does the 2023 BMW M4 cost?

Prices have softened 3.31% compared to this time last year, making it a favorable time to shop this model year.

There are 363 listings available, which suggests you have some room to compare examples before buying.

If you find a listing below $71,555.21, 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.

The data points to a performance-first coupe and convertible with strong handling, a manual transmission option, and a clear motorsport identity. It also stands out as a separate two-door BMW line rather than a sedan derivative, which helps explain its focused character.

The trade-offs are real: the design can be polarizing, and fuel economy is poor.

For you, that means the M4 makes the most sense if you want a serious driver’s car with premium tech and multiple body styles, not a compromise-oriented daily driver.

26.7% of listings are priced as good or great deals, so there is some market opportunity if you shop carefully.

Is the 2023 BMW M4 reliable?

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

The M4 is described as a focused performance car with thoughtful attention to detail, and the expert evaluation also highlights its strong driving character. Its twin-turbo six-cylinder is presented as a more efficient alternative to the V8 in its predecessor, which supports the idea of a modern, well-developed powertrain.

The cost-effectiveness notes also point to a four-year, 50,000-mile limited warranty and four years of roadside assistance with unlimited mileage.

For used buyers, the main long-term ownership risk is that a high-performance setup can be expensive to keep in top shape, especially if the car has been driven hard.

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

Accident-free inventory is solid at 86.5% — always verify the vehicle history report.

You should still check the history report carefully, because performance cars can hide hard use even when they look clean on paper. Prioritize a pre-purchase inspection that focuses on brakes, tires, suspension wear, and signs of track use. Pay close attention to condition on the interior and exterior, since the car’s styling and equipment can vary a lot by trim and option content.

Key things to evaluate:

• Trim level: The standard M4 emphasizes the core performance formula, while the CSL adds a more extreme, lightweight setup with fixed-back carbon-fiber front seats, a carbon-fiber reinforced plastic hood, roof, and trunk lid, plus rear-seat deletion. The base car’s interior is already well appointed, but the CSL is the one that most clearly trades everyday comfort for sharper performance.
• 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 raise output to 503 hp and 479 lb-ft and use an eight-speed automatic, with xDrive all-wheel drive available on the Competition coupe. The CSL uses the same turbo engine with 543 hp, rear-wheel drive, and the automatic transmission.
• 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, so you should confirm whether a given car has that package.
• 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. The system also includes a rotary controller, shortcut buttons, and voice recognition.
• 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. The AWD system on the Competition coupe drops combined and highway ratings by 1 mpg.

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 entry point if you want the manual transmission and the purest version of the standard M4 formula. It gives you the core performance character without stepping into the higher-priced Competition or limited-edition territory.
• M4 Competition coupe: This is the best-value trim if you want more power and quicker acceleration without going all the way to the CSL. It adds the stronger engine and automatic transmission, making it the most balanced choice for many shoppers.
• M4 Competition xDrive coupe: Choose this if you want the Competition’s extra performance with all-wheel-drive traction. It is the quickest mainstream version in the lineup, but it also pushes the price higher.
• M4 CSL: This is the enthusiast pick if you want the most focused, lightweight, and track-oriented version. It adds major weight reduction, carbon-ceramic brakes, unique suspension tuning, and more power, but it sacrifices everyday usability.

The safety-content note to keep in mind is that many driver-assistance features require option packages, so you should verify equipment carefully on any used example.

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 know what you want.

• Deal availability: 26.7% of listings are priced as good or great deals.
• Inventory: There are 363 listings available.
• Price trend: Prices have softened 3.31% compared with last year.
• Clean inventory: 86.5% of listings are accident-free.

If you find a listing below $71,555.21, 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 $73,459 sits slightly below last year's $75,973.

That softer pricing suggests the market has already adjusted downward, which can help you buy more selectively now. For a future seller, it also means resale value will depend heavily on condition, mileage, and how well the car is equipped.

Because the M4 has strong enthusiast appeal, well-kept examples should continue to draw interest. Cars with desirable equipment and clean history should be easier to move than neglected or heavily modified ones.

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. While the M4 does get standard lane-departure warning, blind-spot monitoring, and rear cross-traffic alert, other features like adaptive cruise control and lane-keep assist are part of a Driving Assistance Professional Package for M4 Competition models.

That means you should not assume a used M4 has the full suite of driver aids unless you verify the build sheet or window sticker. The main safety caveat is that important features may be missing on some trims or examples.

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:

• 26.7% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.5% — always verify the vehicle history report.
• Price trend: Prices have softened 3.31% 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 capped at 1,000 units.

Consider the 2022 if:

• At $70,424, the 2022 costs less than the current year's $73,459 average.
• It captures BMW’s “Ultimate Driving Machine” identity with a highly engaging blend of power and handling.

The bottom line: If you want the newest version with the CSL halo model 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 price-sensitive path.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.