BMW - 3 Series (2023)

The BMW 3 Series has long been a benchmark for luxury, performance, and value within the midsize segment. 2018‑2024 models – from the 2018 base to the 2023 pinnacle – showcase a blend of advanced engineering and design flair that attracts enthusiasts worldwide. Whether you’re exploring a fresh BMW 3 Series price guide, checking the latest BMW 3 Series 2023 price, or mapping out how a used BMW 3 Series price will evolve, this database offers a clear, market‑aligned view of pricing realities, depreciation trends, and comparative standing across global markets.

• Model Year: 2023 (latest model)
• Engine: 2.0L inline‑4 turbocharged (or optional 3.0L inline‑6 for performance trims)
• Transmission: 8‑Speed automatic, dual‑clutch option in high‑performance variants
• Power: 241 hp (base) / 382 hp (M340i)
• Torque: 280‑340 lb‑ft (variable depending on trim)
• Fuel Type: Gasoline (premium or ultra‑premium grades)
• Drivetrain: Front‑wheel drive (standard) / all‑wheel drive (xDrive) available on select models
• Dimensions (L x W x H): 184.2" x 72.3" x 58.7"
• Wheelbase: 112.5"
• Weight: 3,140 lbs (base) – 3,534 lbs (high‑performance)
• Interior Features: Dual‑touchscreen infotainment, iDrive 7.0, adaptive suspension, seat heating/cooling, optional Nappa leather
• Safety: Adaptive cruise control, lane‑keeping assist, blind‑spot monitoring, active brake assist
• Warranty: 4‑year/50,000‑mi basic warranty, 6‑year/70,000‑mi powertrain warranty (excluding certain components)

Depreciation Insights

The BMW 3 Series depreciation trajectory follows typical luxury‑vehicle patterns: high initial drop, followed by a more gradual decline. For a fresh purchase, expect a loss of roughly 15‑20% in the first year. A realistic forecast is:

• Year 1: 15‑20% of purchase value.
• Year 2‑3: 10‑12% per year, owing to higher residual demand for well‑maintained German chassis.
• Year 4‑5: 6‑8% annually, as newer variants steadily replace older bodyshells.
• After 6 years: Diminishing depreciation, roughly 2‑4% yearly when sold in pristine condition.

The spread is influenced by mileage, service history, geographic location, and the particular trim line. A used BMW 3 Series price that reflects 100,000 miles and a clean audit will command a premium relative to a new example, especially in markets where German engineering is highly prized.

Comparison Context

When juxtaposing the 2023 BMW 3 Series with its rivals – the Audi A4, Mercedes‑C‑Class, and Lexus ES – several differentiators surface:

• Performance: The 2.0L turbo claims slightly lower horsepower than the Audi A4 quattro’s 2.0T, but the BMW’s AI‑augmented adaptive suspension delivers tighter handling.
• Cabin Luxury: BMW’s “The Driver’s Car” ethos provides a more engaging driving feel, while the Mercedes‑C‑Class prioritizes plush seating.
• Infotainment: The iDrive 7.0 platform is more seamlessly integrated than the legacy COMAND system in some rivals.
• Resale Value: Historically, BMW 3 Series models outpace the Audi A4 in residual values, especially within the 3‑50,000‑mile range.
• Price Positioning: The asymptotic buying curve for the 2023 model places it slightly ahead of base Ford Fusion or Toyota Camry, but below the entrants in the full‑size luxury segment.

This benchmark context helps illustrate why a buyer should consider what is a 2023 BMW 3 Series worth – it sits at a sweet spot between premium quality and accessible depreciation.

Market Position Statement

The BMW