Used 2023 BMW M4 for Sale near Reading, PA
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CarGurus Analysis:
2023 BMW M4
With 311 currently listed for sale and an average price of $72,505.00, 30.2% 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.
87.5% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 features enhancements such as the introduction of the limited-edition M4 CSL model, offering superior performance with 543 horsepower and a significant weight reduction.
CarGurus Analysis: 2023 BMW M4
overall
Summary
With 311 currently listed for sale and an average price of $72,505.00, 30.2% 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.
87.5% of 2023 M4 models on CarGurus are accident free.
The 2023 BMW M4 features enhancements such as the introduction of the limited-edition M4 CSL model, offering superior performance with 543 horsepower and a significant weight reduction.
Why it stands out
The 2023 BMW M4 distinguishes itself in the competitive performance car market through its blend of advanced technology, impressive power, and heritage-rich design. This model honors its lineage as a descendant of the legendary BMW M3, featuring a motorsport-oriented engineering philosophy that appeals to driving enthusiasts. The M4 boasts potent engine options, with the standard model producing 473 horsepower and the higher-performing M4 Competition reaching 503 horsepower. Its standout feature, the M4 CSL, elevates performance to new heights with a striking power-to-weight ratio of 6.7 pounds per horsepower, impressive acceleration, and a Nürburgring lap time of 7:20.2, the fastest for any series-production BMW. Moreover, the design is bold and aggressive, making a statement on the road, although it has faced some polarizing views due to its aesthetics. The M4 also combines practicality with luxury, offering a spacious interior and an intuitive infotainment system, enhancing the driving experience. Despite some critiques regarding fuel efficiency and the availability of the CSL version, the M4 remains an embodiment of BMW's commitment to performance and technological advancement.
Other model years to consider
- Average price: $88,830.00
- Good/great deal percentage: 31.5%
- Total listings: 289
- Average price: $77,584.00
- Good/great deal percentage: 30.9%
- User rating: 5 / 5
- Total listings: 330
- Average price: $46,893.00
- Good/great deal percentage: 32.4%
- User rating: 5 / 5
- Total listings: 179
This analysis is based on CarGurus' proprietary market data from June 1, 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 Price in Chicago: The Chicago, IL area lists the M4 at an average price of $102,965, reflecting strong demand in a competitive urban market.
- Lowest Price in Miami: Miami, FL presents the lowest average price at $64,324**, indicating a potentially saturated market or different buyer demographics.
- Stable Market Pricing: Cities like Philadelphia (78 listings) and New York City (96 listings) have comparable pricing, with averages around $70K, suggesting inventory levels are maintaining stability in price.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Chicago, IL | 77 | $102,965 |
| New York, NY | 96 | $70,676 |
| Philadelphia, PA | 78 | $72,220 |
| Dallas, TX | 65 | $71,154 |
| Los Angeles, CA | 79 | $71,997 |
| Houston, TX | 65 | $67,495 |
| Miami, FL | 68 | $64,324 |
| Atlanta, GA | 80 | $68,335 |
| Boston, MA | 77 | $73,962 |
| Washington, DC | 85 | $70,252 |
Pricing by Trim Packages
Key Insights
- Dominance of Coupe RWD: The Coupe RWD trim is the most plentiful in inventory with 259 listings, making it a key player in pricing trends.
- Highest-MSRP Trim - Competition xDrive Convertible AWD: This trim is priced at $89,700, reflecting a premium for its features and capabilities over the base trim.
- Strong Feature Sets Across Trims: All trims offer advanced features like Navigation System, Heated Seats, and Adaptive Suspension, appealing to high-performance luxury buyers.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Coupe RWD | 259 | $139,900 | RWD | 3.0L 543 hp I6 |
| Competition xDrive Coupe AWD | 136 | $82,700 | AWD | 3.0L 503 hp I6 |
| Competition xDrive Convertible AWD | 121 | $89,700 | AWD | 3.0L 503 hp I6 |
| Competition Coupe RWD | 100 | $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
- Strong New-Car Pricing Power: The 2026 BMW M4 and 2025 BMW M4 are priced well above their respective MSRPs, indicating strong demand and low supply for new models, with the 2026 model averaging at $92,387 (approximately 12.4% above MSRP).
- Notable Depreciation Trend: The 2020 BMW M4 shows a significant price drop of around 20.6% from MSRP, evidencing typical depreciation patterns for luxury performance vehicles.
- Mid-Grade Models Offer Value: The 2022 model holds steady with minimal depreciation of -0.4%, making it a solid choice for buyers looking for value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 BMW M4 | $82,200 | $92,387 | +12.4% |
| 2025 BMW M4 | $79,700 | $92,986 | +16.7% |
| 2024 BMW M4 | $78,100 | $78,993 | +1.1% |
| 2022 BMW M4 | $72,000 | $72,698 | -0.4% |
| 2021 BMW M4 | $71,800 | $66,144 | -7.8% |
| 2020 BMW M4 | $69,150 | $54,908 | -20.6% |
| 2019 BMW M4 | $69,150 | $49,984 | -28.1% |
| 2018 BMW M4 | $68,700 | $47,191 | -31.3% |
| 2017 BMW M4 | $66,200 | $40,470 | -38.8% |
| 2016 BMW M4 | $65,700 | $62,030 | -5.1% |
| 2015 BMW M4 | $64,200 | $36,665 | -43.0% |
These recommendations are based on CarGurus' proprietary market data from May 28, 2026, CarGurus experts' opinions, and generative AI.
