BMW - X1 (2023)

When you’re in the market for a compact luxury SUV that balances sportiness with practicality, the BMW X1 often tops the list. Whether you’re eyeing the 2023 model or looking for a more affordable pre‑owned option, the discussion around BMW X1 price can get intricate. Buyers need to understand how new‑vehicle pricing, used‑car values, and depreciation trends all weave together to determine the true cost of owning a BMW X1.

• Engine: 1.5‑liter turbocharged inline‑3, 184 horsepower, 230 lb‑ft torque
• Transmission: 8‑speed automatic, optional 6‑speed manual for select trims
• Drive: Standard rear‑wheel drive; xDrive all‑wheel drive available
• Fuel Type: Gasoline
• Dimensions: Length: 171.7 in; Width: 73.7 in; Height: 61.9 in; Wheelbase: 105.4 in
• Cargo Capacity: 20.5 cu ft (rear seats up) / 45.0 cu ft (rear seats folded)
• Seat Capacity: 5 passengers
• Torque to Speed: 0‑60 mph in about 7.5 seconds (xDrive models)
• Vehicle Weight: 3,800–4,100 lbs
• Warranty: 4 years/50,000 miles basic; 3 years/36,000 miles power train

Understanding BMW X1 depreciation and its impact on BMW X1 price

Depreciation is a crucial factor when comparing new and used cars. For compact luxury SUVs, the rule of thumb is that a vehicle will lose about 15‑20% of its value in the first year—that is, the BMW X1 depreciation curve starts steep. After the first year, the depreciation rate typically tapers: roughly 10% in year two, 8% in year three, and so on. These estimates vary by trim level, mileage, and market demand.

So, if you’re deliberating between a brand‑new 2023 BMW X1 and a pre‑owned model, keep in mind that a new car’s price may drop by 15‑20% as soon as it leaves the dealership. Over the next two to three years, it could lose a total of about 35‑40% of its purchase value, while a used X1 that’s well‑maintained may retain more value after you overcome that initial steep slide.

What is a 2023 BMW X1 worth?

When you ask what is a 2023 BMW X1 worth, you’re likely looking for a ballpark value that accounts for trim, mileage, and condition. Because BMW X1 price can vary widely—especially across regions and certification levels—deliberation on the “fair market value” often involves referencing reputable databases, dealer pricing sheets, and local used‑car listings. In general, the 2023 model’s worth remains close to its MSRP during the first year, but after that, it steadily erodes in line with typical BMW X1 depreciation patterns.

Used BMW X1 price trends

• Early‑stage models (first 5 years) typically hold around 60‑70% of the new‑car price.
• Mileage and service history strongly influence pricing: a 2021 X1 with 30,000 miles often commands a higher price than one with 80,000 miles.

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Last 20 car trackeds

Last tracked date	Status	Price	Price rank	Link
2 years ago	used	US$38,617.00		Unlock all links
2 years ago	used	US$41,575.00		Unlock all links

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