Used BMW 8 Series for Sale nearPeoria, IL

How much does the BMW 8 Series cost in today's market?

Used BMW 8 Series prices span a wide range depending on model year. Here's what the market looks like right now:

The BMW 8 Series's current nationwide average price is $62,710, and its nationwide average price reached a low of $59,322 over the past year. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the BMW 8 Series a good car?

Yes — the BMW 8 Series earns strong marks from owners for its sporty performance, luxurious design, and advanced technology. The all-generations owner rating is 4.58/5 across every model year in the data. Owners repeatedly praise the styling and driving experience, along with the powerful engines and robust handling that make the car feel special on the road. Expert reviews rate the 2020 and 2021 models among the highest across all years. The main trade-offs center on interior quality, space, and upkeep costs, especially on older V12 models. 32.1% of listings are priced as good or great deals.

Are BMW 8 Series models reliable?

Owners consistently praise the BMW 8 Series for its performance, sporty handling, luxurious features, and advanced tech. Expert commentary also points to a strong blend of driving character and premium execution across the model line.

• Owners rate the BMW 8 Series between 4.2 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is most tied to upkeep costs and the condition of older, higher-performance examples.

What should I look for when buying a used BMW 8 Series?

Across all model years, accident-free inventory is solid at 86% — always verify the vehicle history report.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2021 models.

Key things to evaluate:

• Safety package: Driving Assistance Package and Driving Assistance Professional Package
• Infotainment: BMW Live Cockpit Professional with a 12.3-inch touchscreen, 12.3-inch digital instrument cluster, and wireless Apple CarPlay and Android Auto
• Fuel efficiency: 24 mpg combined (21 mpg city, 29 mpg highway)

Which BMW 8 Series trim should I buy?

The 2023 BMW 8 Series offers these trims:

• 840i: The entry trim brings the 3.0-liter turbocharged inline-six, eight-speed automatic, rear-wheel drive, and the standard BMW Live Cockpit Professional setup; it’s the best-value choice if you want the core 8 Series experience.
• 840i xDrive: This version adds all-wheel drive to the 840i formula for extra traction while keeping the same balanced luxury-and-performance character.
• M850i xDrive: This trim adds the 4.4-liter twin-turbo V8, all-wheel drive, and a more forceful performance focus for buyers who want a stronger grand-touring feel.
• M8 Competition: The top performance trim adds the 617-hp tuned V8, M-specific eight-speed automatic, and AWD, making it the most extreme choice in the lineup.
• Alpina B8 Gran Coupe: This four-door model adds 612 hp, a more luxurious character, and a grand-touring focus that suits buyers who want high performance with a more refined personality.

What BMW 8 Series do most buyers choose?

The BMW 8 Series years with the most listings are 2023, 2025, and 2024.

Higher-volume years tend to draw more shoppers because you get more inventory to compare and a better chance of finding the right color, body style, and equipment mix. They also tend to be the easiest years to shop when you want both selection and deal availability.

What is the BMW 8 Series's resale value?

The table shows broad downward movement across the lineup, which can work in your favor if you’re shopping used. The steepest drops are concentrated in the newer model years, while the older years show smaller changes. That pattern can make recent examples especially appealing if you want more car for the money.

The 2020, 2019, and 2022 model years have held their value best, with the smallest year-over-year price changes.

Is the BMW 8 Series safe?

• 2023: 6/10
• 2021: 8/10
• 2020: 8/10

For the safest used buy, the 2020 and 2021 models both post the highest confirmed score of 8/10.

Should I buy a used BMW 8 Series now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −18.26% versus a year ago, and the 2024 model is at −9.94%.
• Deal availability: The 2025 model has 33.1% good and great deals, and the 2024 model has 34.3%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $58,796. The BMW 8 Series offers a distinctive grand touring character that blends sporty performance with a luxurious design.

Consider waiting if:

• Powertrain/efficiency: The 8 Series is most efficient with the six-cylinder powertrain, which gets 24 mpg combined (21 mpg city, 29 mpg highway), while M850i xDrive models are rated at 19 mpg combined and the M8 Competition is rated at 17 mpg combined.
• Tech: For 2023, all 8 Series models get a standard 12.3-inch touchscreen, a 12.3-inch digital instrument cluster, seventh-generation BMW iDrive, and wireless Apple CarPlay and Android Auto smartphone connectivity.
• Safety: An optional Driving Assistance Package adds blind-spot monitoring, rear cross-traffic alert, traffic-sign recognition, parking assist, park distance control, and a surround-view camera system, and the Driving Assistance Professional Package adds adaptive cruise control with stop-and-go, traffic-jam assist, and active lane-keep assist.
• Starting price: Pricing starts at $88,495 for a base RWD 840i coupe or Gran Coupe and $98,095 for the 840i convertible.

If you're buying used today, the 2023 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.