Used 2023 BMW M8 for SaleNationwide

How much does the 2023 BMW M8 cost?

Prices have softened 8.82% compared to this time last year, making it a favorable time to shop this model year.

There are 176 listings available, which gives you a modest amount of inventory to compare.

Is the 2023 BMW M8 a good car?

Yes — the 2023 BMW M8 earns a 5/5 user rating and an 7.8/10 expert rating. The standout strength is Technology at 10/10.

The M8 is positioned as BMW’s performance flagship, and that shows up in its full M division transformation, Competition specification, premium interior materials, and easy-to-use technology. It also comes in coupe, convertible, and Gran Coupe body styles, so you can choose the layout that best fits how you plan to use it.

The main trade-offs are the ones you’d expect from a car this focused: not much cargo space, hard entry and exit, and some confusion related to assisted driving tech. Even so, the market shows 40.9% good or great deals, which suggests there are still attractive opportunities if you shop carefully.

Is the 2023 BMW M8 reliable?

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

The M8’s reliability case is helped by its strong overall execution: it combines a high-output V8, an eight-speed automatic, and BMW’s M-tuned xDrive system with a cabin that feels well assembled and richly finished. The performance hardware is substantial, but the car is also described as remarkably docile in everyday use, which is a good sign for day-to-day ownership.

Its technology and driver-assistance systems are extensive, and the infotainment setup is described as easy to understand and use. The performance content also points to a car that can handle hard driving without drama, while the cost-effectiveness notes emphasize its accessible technology and impeccable quality.

If you’re buying used, the biggest long-term risk is that this is a highly specialized performance car, so maintenance and repair costs can be more demanding than on a mainstream luxury model.

What should I look for when buying a used 2023 BMW M8?

Accident-free inventory is solid at 86.4% — always verify the vehicle history report.

You should still run a vehicle history report on every candidate and prioritize a pre-purchase inspection, especially if the car has been driven hard or modified. Pay close attention to the condition of the brakes, tires, and interior trim, since this model’s performance focus can mean more wear than you’d expect from a typical luxury car.

Key things to evaluate:

• Trim level: The M8 lineup is offered as a coupe, convertible, and Gran Coupe, and the Gran Coupe trades some elegance for extra rear-seat practicality. The base setup already brings premium materials and easy-to-use technology, so the main differences are body style and the added equipment you may find on individual cars.
• Powertrain: The twin-turbo 4.4-liter V8 makes 617 horsepower and is paired with an eight-speed M Sport automatic and M-tuned xDrive all-wheel drive that can operate in rear-wheel-drive mode. It is described as stupendously fast, but also firm-riding and occasionally grouchy on chilly mornings.
• Safety package: The standard Active Guard suite includes forward collision warning, automatic emergency braking, and lane-departure warning. The Driving Assistance Package adds active blind-spot monitoring, rear cross-traffic alert, front and rear parking sensors, a surround-view camera system, and semi-autonomous parking assist, while the Driving Assistance Professional Package adds adaptive cruise control with stop-and-go, active lane-keeping assist, Traffic Jam Assistant, Side Collision Avoidance, Evasion Aid steering support, and front cross-traffic alert.
• Infotainment: The standard setup includes a 12.3-inch digital instrument panel, a 12.3-inch touchscreen, wireless smartphone charging, Apple CarPlay, Android Auto, SiriusXM 360L, navigation, and a Harman Kardon sound system. BMW also includes a head-up display and over-the-air-connected services through its standard connected features.
• Fuel efficiency: The official EPA rating is 17 mpg in combined driving, and the test loop returned 17.9 mpg.

Which 2023 BMW M8 trim should I buy?

The 2023 BMW M8 is offered in 3 trim levels: Coupe, Convertible, Gran Coupe.

Here's the short version:

• Coupe: This is the most traditional performance-focused choice if you want the sharpest-looking body style and don’t need rear-seat access as often. It suits you best if style and driver focus matter more than everyday practicality.
• Convertible: Choose this if open-air driving is a priority and you want the M8 experience with more weekend-cruiser appeal. It gives you the same core performance character with a more relaxed, top-down personality.
• Gran Coupe: This is the best-value trim if you want the M8’s performance with the most usable cabin layout. The extra doors and taller roofline make it easier to carry people in relative comfort, even if the shape is a little less elegant than the two-door models.

The standard safety setup is light on driver aids, so if you want the most complete assistance features, look for a car equipped with the Driving Assistance Package or the Driving Assistance Professional Package.

Is now a good time to buy a used 2023 BMW M8?

It looks like a buyer’s market if you’re shopping carefully.

• Deal availability: 40.9% of listings are priced as good or great deals.
• Inventory: There are 176 listings available.
• Price trend: Prices have softened 8.82% compared with last year.
• Clean inventory: 86.4% of listings are accident-free.

If you find a listing below $81,866, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW M8's resale value?

The current average of $81,866 sits slightly below last year's $89,785.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable point in the cycle. For a future seller, that also means resale value will depend heavily on condition, mileage, and how well the car is equipped.

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 M8 safe?

The 2023 BMW M8 earns a Top Safety Pick rating from IIHS.

It earns an 8/10 safety score from our experts.

The standard Active Guard suite includes forward collision warning, automatic emergency braking, and lane-departure warning. If you want more protection, the Driving Assistance Package adds active blind-spot monitoring, rear cross-traffic alert, front and rear parking sensors, a surround-view camera system, and semi-autonomous parking assist. The Driving Assistance Professional Package adds adaptive cruise control with stop-and-go, active lane-keeping assist, Traffic Jam Assistant, Side Collision Avoidance, Evasion Aid steering support, and front cross-traffic alert.

One caveat is that the assisted-driving tech can be confusing in operation, and the lane-keeping system can seem unsure in some situations. That means you should test the driver-assistance features yourself during a test drive and make sure they behave the way you expect.

Should I buy a 2023 BMW M8 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:

• 40.9% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.4% — always verify the vehicle history report.
• Price trend: Prices have softened 8.82% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2023 model year adds a standard 12.3-inch touchscreen infotainment system and offers more exterior colors, which makes it a strong pick if you want the updated setup.

The bottom line: The 2023 is the right choice if you want the updated infotainment, strong market availability, and a price that has already softened. If you’re mainly chasing the lowest possible purchase price, you may also want to compare nearby years and focus on the best-equipped example in the cleanest condition.

How does the 2023 BMW M8 compare to the 2023 Porsche 911?

Expert Pros & Cons (per CarGurus review team)

2023 BMW M8:

• Pros: Fun to drive, Premium interior materials, Easy-to-use technology.
• Cons: Not much cargo space, Hard to enter and exit, Minor confusion related to assisted driving tech.

2023 Porsche 911:

• Pros: Fun to drive, Comfortable, Premium interior materials.
• Cons: Not much cargo space, Advanced safety features are not standard, Poor value for the money.

Our experts score the 2023 BMW M8 7.8/10 and the 2023 Porsche 911 7.7/10. The M8 brings more power, a lower average used price, and a much larger pool of listings, while the 911 counters with stronger accident-free share and a more comfortable feel. If you want the better value and more accessible technology, the M8 makes a strong case; if you care more about the 911’s comfort and higher accident-free share, that’s the one to compare closely.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.