Used 2023 BMW Z4 for Sale nearPhoenix, AZ
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Magma Red w/Black Stitch
- Transmission:
- Automatic
- Mileage:
- 47,763
- Stock #:
- PZB4202
- VIN:
- WBAHF3C00PWY14202

2023 BMW Z4
sDrive30i RWD
47,763 mi
$37,220
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 31,436
- Stock #:
- 70158514
- VIN:
- WBAHF9C0XNWX80995

2022 BMW Z4
M40i RWD
31,436 mi
$48,497
- Year:
- 2024
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 35,344
- Stock #:
- 7419
- VIN:
- WBAHF3C07RWY32604

2024 BMW Z4
sDrive30i RWD
35,344 mi
$44,384
- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 17,890
- Stock #:
- 70173194
- VIN:
- WBAHF9C02PWY16701

2023 BMW Z4
M40i RWD
17,890 mi
$56,597
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Glacier Silver Metallic
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Magma Red W/Black Stitch
- Transmission:
- 8-Speed Automatic
- Mileage:
- 24,105
- Stock #:
- N1689
- VIN:
- WBAHF9C07NWX89895

2022 BMW Z4
M40i RWD
24,105 mi
$50,949
- Year:
- 2024
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Blue
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- Automatic
- Mileage:
- 11,620
- Stock #:
- 70237824
- VIN:
- WBAHF9C07RWY35117

2024 BMW Z4
M40i RWD
11,620 mi
$58,397
- Year:
- 2024
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Alpine White
- Fuel type:
- Gasoline
- Interior color:
- Magma Red w/Black Stitch
- Transmission:
- 8-Speed Automatic Overdrive
- Mileage:
- 12,699
- Stock #:
- COLRWY35711
- VIN:
- WBAHF9C08RWY35711

2024 BMW Z4
M40i RWD
12,699 mi
$60,398
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Red
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 53,204
- Stock #:
- 70162546
- VIN:
- WBAHF9C05NWX37942

2022 BMW Z4
M40i RWD
53,204 mi
$41,247
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Black
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Orange
- Transmission:
- Automatic
- Mileage:
- 49,713
- Stock #:
- 70036631
- VIN:
- WBAHF3C08NWX41383

2022 BMW Z4
sDrive30i RWD
49,713 mi
$33,998
- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Red
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 21,138
- Stock #:
- WY30715
- VIN:
- WBAHF9C06PWY30715

2023 BMW Z4
M40i RWD
21,138 mi
$45,728
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Gray
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 17,866
- Stock #:
- NWX44543
- VIN:
- WBAHF9C04NWX44543

2022 BMW Z4
M40i RWD
17,866 mi
$62,163
- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- White
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Tan)
- Transmission:
- Automatic
- Mileage:
- 12,511
- Stock #:
- PWY22516
- VIN:
- WBAHF3C08PWY22516

2023 BMW Z4
sDrive30i RWD
12,511 mi
$54,202
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Frozen Gray II Metallic
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Magma Red W/Black Stitch
- Transmission:
- 8-Speed Automatic
- Mileage:
- 11,943
- Stock #:
- NWX85688X
- VIN:
- WBAHF9C04NWX85688

2022 BMW Z4
M40i RWD
11,943 mi
$56,110
- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Skyscraper Gray Metallic
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 56,627
- Stock #:
- 27658G
- VIN:
- WBAHF3C09PWY23464

2023 BMW Z4
sDrive30i RWD
56,627 mi
$37,608
- Year:
- 2024
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Purple
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- Automatic
- Mileage:
- 16,248
- Stock #:
- 70237419
- VIN:
- WBAHF3C01RWY35790

2024 BMW Z4
sDrive30i RWD
16,248 mi
$52,497
- Year:
- 2023
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Thundernight Metallic
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 36,250
- Stock #:
- 7476A
- VIN:
- WBAHF3C03PWY10631

2023 BMW Z4
sDrive30i RWD
36,250 mi
$43,384
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Black Sapphire Metallic
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Magma Red W/Black Stitch
- Transmission:
- 8-Speed Automatic
- Mileage:
- 25,696
- Stock #:
- P89421
- VIN:
- WBAHF9C06NWX89421

2022 BMW Z4
M40i RWD
25,696 mi
$54,154
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 382 hp 3L I6
- Exterior color:
- Gray
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 27,842
- Stock #:
- 70213874
- VIN:
- WBAHF9C01NWX68069

2022 BMW Z4
M40i RWD
27,842 mi
$52,297
- Year:
- 2022
- Make:
- BMW
- Model:
- Z4
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 28 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 13,858
- Stock #:
- 70252249
- VIN:
- WBAHF3C01NWX41354

2022 BMW Z4
sDrive30i RWD
13,858 mi
$43,998
Overview
In its third generation, BMW’s soft-top two-seater convertible continues on with a small trim lineup and few changes. Rivals include the related Toyota GR Supra coupe and the Porsche Boxster.
What’s New for the 2023 BMW Z4
For 2023, BMW refreshes the Z4 convertible with a subtle styling update by way of a restyled grille and making the M Sport package standard. The Z4 was last fully redesigned in 2019, marking the start of the roadster’s third generation, and in the years since, it’s seen only minor updates to the trim lineup and the list of tech features.
Design
The 2023 Z4 features a basic and familiar roadster profile, with a snug cabin that seats two and a soft-top folding roof. While older versions of the Z4 featured a folding hardtop, that changed for 2019; if you prefer the fastback look, check out the related Toyota GR Supra, though be aware that that’s a coupe. The Z4 is currently one of the oldest designs in the BMW lineup and may feel like a throwback with its low stance and slender nose, more svelte than both its contemporaries and its stablemates.
Powertrain
The Z4’s two trims, sDrive30i and M40i, carry over. The base sDrive30i model features a turbocharged four-cylinder engine rated for 255 horsepower and 294 pound-feet of torque. The M40i gets a twin-turbocharged 3.0-liter inline-six rated for 382 hp and 368 lb-ft of torque. Both trims get rear-wheel drive (RWD) and an eight-speed automatic transmission with steering-wheel-mounted paddle-shifters. The EPA says the sDrive30i is good for 25 mpg city, 32 mpg highway, and 28 mpg combined, while fuel-economy estimates for the M40i come in at 22 mpg city, 29 mpg highway, and 25 mpg combined.
Interior
The Z4's cabin is cozy, fitted with two power-adjustable sport seats covered in synthetic leather, and leather upholstery tops the options list along with heated seats, a heated steering wheel, and ambient lighting. The trunk is on the small side, at 9.9 cubic feet, but the folding top can stow away without taking up any of that space.
Technology
Every Z4 gets a 10.25-inch customizable digital instrument cluster, a 10.25-inch touchscreen display that houses the user-friendly iDrive infotainment system, Apple CarPlay, and Android Auto. The infotainment system can also be controlled by a center console-mounted touchpad and knob. There aren’t many available upgrades, but buyers can add wireless device charging and a Harman Kardon premium audio system.
Safety
The 2023 BMW Z4 has not been crash-tested by the National Highway Traffic Safety Administration (NHTSA) or the Insurance Institute for Highway Safety (IIHS). However, BMW includes a reversing camera, forward-collision warning, forward automatic emergency braking, driver-attention monitoring, and automatic high-beam headlights. The list of optional safety tech includes adaptive cruise control, blind-spot monitors, rear cross-traffic alert, lane-departure warning, a head-up display (HUD), front and rear parking sensors, hands-free park assist, and adaptive headlights.
Pricing
The 2023 BMW Z4 is on sale now. As of this writing, BMW’s published pricing for the Z4 in base sDrive30i trim starts at $52,800, which is a relative bargain for a luxury sports car. For the M40i, budget $65,300 or more. Both trims feature standalone options and packages for performance and interior upgrades.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
5.0 Overall rating
Filter by rating
Lorainne S
Reviewed a 2023 BMW sDrive30i RWD on Aug 28, 2025
It was down to a Mustang or the Z4. The Mustang felt cramped inside. When I saw the Z4, I was afraid it was too small, but once I got inside- it was like I was in another world. Although I think it was smaller than the Mustang, inside, it seemed roomier. It's beautiful; it drives beautifully; I feel beautiful driving it. I LOVE this car!
2023 BMW Z4 Trims
| Trim type | MSRP |
|---|---|
| sDrive30i RWD | $52,800 |
| M40i RWD | $65,300 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 BMW Z4 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 BMW Z4 prices has changed over time.
See more price trends2023 BMW Z4 Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Price in New York: The New York, NY market commands the highest average price at $47,660, likely due to higher demand and limited supply in urban areas.
- Lowest Price in Los Angeles: Conversely, Los Angeles, CA offers the lowest average price at $38,708, suggesting a more competitive market with greater inventory.
- Price Variation Across Cities: The average prices range from $38,708 to $47,660, indicating significant regional differences in demand and pricing strategies.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| New York, NY | 21 | $47,660 |
| Chicago, IL | 21 | $46,135 |
| Philadelphia, PA | 18 | $46,995 |
| Houston, TX | 18 | $43,997 |
| Miami, FL | 19 | $42,399 |
| Los Angeles, CA | 23 | $38,708 |
Pricing Analysis by Model Year
Key Insights
- New Models at a Premium: The 2026 BMW Z4 is priced at $60,021, which is approximately 6.5% above its MSRP, indicating strong demand for the latest model.
- Significant Depreciation for Older Models: The 2016 BMW Z4 shows a steep decline in value, priced at $24,345, reflecting a depreciation of ~51% from its original MSRP.
- Best Value in Recent Years: The 2024 BMW Z4 is priced at $51,921, which is about -4.0% compared to its MSRP, making it a potentially attractive option for buyers looking for newer models with less depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 BMW Z4 | $56,100 | $60,021 | +6.5% |
| 2025 BMW Z4 | $54,500 | $55,203 | +1.3% |
| 2024 BMW Z4 | $53,600 | $51,921 | -3.1% |
| 2022 BMW Z4 | $49,900 | $45,928 | -7.4% |
| 2021 BMW Z4 | $49,700 | $40,996 | -17.5% |
| 2020 BMW Z4 | $49,700 | $36,707 | -26.2% |
| 2019 BMW Z4 | $49,700 | $33,821 | -32.0% |
| 2016 BMW Z4 | $49,700 | $24,345 | -51.0% |
| 2015 BMW Z4 | $48,950 | $20,876 | -57.4% |
| 2014 BMW Z4 | $48,950 | $19,024 | -61.1% |
| 2013 BMW Z4 | $47,350 | $18,026 | -61.9% |
These recommendations are based on CarGurus' proprietary market data from September 23, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
Is the 2023 BMW Z4 a good car?
Yes — the 2023 BMW Z4 earns a 5/5 user rating, which lines up with its appeal as a small, two-seat convertible that blends sharp styling, strong performance, and a premium feel. The 2023 model’s standard equipment is a major part of the story: you get a 10.2-inch touchscreen with iDrive 7, navigation, Apple CarPlay, a digital instrument panel, automatic emergency braking, and a 10-speaker stereo. It also offers two distinct powertrains, including a 255-hp turbo four-cylinder and a 382-hp turbo inline-six, so you can choose between a more accessible roadster and a more serious performance setup. For shoppers who want a stylish open-top sports car with modern tech and a balanced chassis, the Z4 stands out. 40.0% of listings are priced as good or great deals, which gives you some room to shop carefully.
Is the 2023 BMW Z4 reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction. The 2023 Z4’s appeal comes from its straightforward mechanical setup, strong standard equipment, and the fact that BMW built this generation with a focus on comfort, power, and agility. Its automatic transmission, driving modes, and well-developed chassis tuning suggest a car that was engineered to feel polished rather than complicated. For used buyers, the main long-term ownership risk is less about the basic formula and more about finding a well-kept example with consistent maintenance and no signs of hard use.
What should I look for when buying a used 2023 BMW Z4?
Accident-free inventory is solid at 83.5% — always verify the vehicle history report. You should also prioritize a pre-purchase inspection, especially because this is a premium roadster where condition and maintenance matter more than mileage alone. Focus on signs of cosmetic wear, roof operation, tire condition, and whether the car has been kept in the kind of shape you’d expect from a two-seat convertible.
Is now a good time to buy a used 2023 BMW Z4?
Yes — this looks like a favorable time to shop if you want a used Z4, because the market offers a meaningful share of deals and a decent amount of inventory to compare.
- Deal availability: 40.0% of listings are priced as good or great deals.
- Inventory: There are 85 listings available.
- Clean inventory: 83.5% of listings are accident-free.
Should I buy a 2023 BMW Z4 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:
- 40.0% of listings are priced as good or great deals.
- Accident-free inventory is solid at 83.5% — always verify the vehicle history report.
- Owners rate it 5/5 — a strong satisfaction signal.
The bottom line: The 2023 BMW Z4 is the right pick if you want a well-equipped, stylish roadster with strong performance and a proven ownership reputation. If you’re shopping primarily on price, you may also want to compare nearby model years to see whether a similar car offers a better deal, but the 2023 is the safer all-around choice when you want the strongest mix of features, satisfaction, and market availability.
These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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