Summary

• With 198 currently listed for sale and an average price of $159,995.00, 38.9% of 2023 BMW XMs for sale on CarGurus are rated as good or great deals.

• 93.4% of 2023 XM models on CarGurus are accident free.

• The 2023 BMW XM is an exclusive new plug-in hybrid SUV with a penchant for performance, featuring a striking design and advanced technology.

Why it stands out

The 2023 BMW XM is a standout in the luxury SUV market, primarily due to its unique blend of performance and exclusivity. As the first high-performance vehicle from BMW's M division with an electrified powertrain, it boasts a powerful 644 horsepower twin-turbo V8 engine combined with an electric motor, allowing for impressive acceleration and driving dynamics. The XM's design is bold and eye-catching, featuring geometric forms and an illuminated grille that commands attention on the road. Inside, the cabin is adorned with high-quality materials, including BMW Individual Merino leather and a state-of-the-art Bowers & Wilkins audio system, creating a luxurious atmosphere. However, potential buyers should be aware of its harsh ride quality and limited cargo space, which may detract from the overall comfort expected in a luxury SUV. Despite these drawbacks, the XM's performance capabilities and advanced technology make it an appealing choice for those seeking a distinctive and powerful driving experience.

Other model years to consider

• 2022 BMW XM

  • Average price: $155,000.00
  • Good/great deal percentage: 35.0%
  • Total listings: 150

• 2021 BMW XM

  • Average price: $150,000.00
  • Good/great deal percentage: 30.0%
  • Total listings: 120

This analysis is based on CarGurus' proprietary market data from July 27, 2026, CarGurus experts' opinions, and generative AI.