The 2023 BMW M3 continues a long tradition of high-performance sports sedans. Available as a sedan, the M3 traces its roots back to the E30 M3. Key trims include the base M3, M3 Competition, and M3 CS. Pricing ranges from around $75,000 to over $100,000 depending on configuration. It stands out for its powerful engine, sharp handling, and a blend of track performance and daily usability. Its popularity stems from its iconic status and thrilling driving experience.
The Good
The 2023 BMW M3 offers exhilarating performance, a luxurious and comfortable interior, and a distinctive design. It's surprisingly practical with a usable back seat and trunk. Emotionally, it delivers a thrilling driving experience and prestige. While not the most efficient, it balances performance with acceptable fuel economy. Reliability is generally good, adding to its long-term value.
The Bad
The 2023 BMW M3's weaknesses can include a polarizing front grille design. Some find the ride a bit stiff for daily driving, especially with the Competition package. The iDrive system can have a steep learning curve. Watch out for potential electronic glitches and ensure proper maintenance, as performance parts can be expensive to replace.
2023 BMW M3: Quick Overview
- Engine Options:
- 3.0-liter Twin-Turbo Inline-6 (S58)
- Horsepower:
- M3: 473 hp
- M3 Competition: 503 hp
- M3 CS: 543 hp
- Fuel Economy (estimated):
- M3: 16 mpg city / 23 mpg highway
- M3 Competition: 16 mpg city / 23 mpg highway
- Real-world mileage may vary.
- 0-60 Times (estimated):
- M3: 4.1 seconds
- M3 Competition: 3.8 seconds (RWD), 3.4 seconds (xDrive)
- M3 CS: 3.2 seconds
- Towing Capacity: Not applicable (not designed for towing).
- Trim-Level Features:
- M3 (Base): Adaptive M Suspension, M Sport Differential, M Compound Brakes, Carbon Fiber Interior Trim, M Sport Seats, iDrive 7.0, Apple CarPlay & Android Auto Compatibility, Advanced Driver Assistance Systems.
- M3 Competition: Higher horsepower, M Sport exhaust system, stiffer suspension, track mode, unique exterior accents, optional M xDrive all-wheel-drive system.
- M3 CS: Even higher horsepower, lightweight components, unique styling elements, track-focused suspension tuning, carbon fiber hood and roof, bucket seats, reduced sound insulation.
- Common options across trims: Upgraded leather upholstery, premium audio systems (Harman Kardon or Bowers & Wilkins), head-up display, parking assistance package, carbon-ceramic brakes.
2023 BMW M3 Specifications
Vehicle Information
| Year | 2023 |
| Make | BMW |
| Model | M3 |
| Trim | - |
| Style | Sedan |
| Type | Sedan |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Germany |
| Manufacturing City | MUNICH |
Dimensions
| Doors | 4-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | 2267.96 kg |
| Overall Height | - |
| Overall Length | 480.31 cm |
| Overall Width | - |
| Wheelbase Length | 285.75 cm |
| Standard Seating | 5 |
Engine & Performance
| Engine | 3.0-L I6 |
| Engine Size | 3L |
| Engine Cylinders | 6 |
| Transmission | Manual |
| Transmission Type | Manual |
| Transmission Speeds | - |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $72,800 USD |
| Invoice Price | - |
| Delivery Charges | $995 USD |
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What Problems Does the 2023 BMW M3 Have?
The 2023 BMW M3, being a relatively new model year, doesn't have a long history of frequently reported problems. However, some concerns, largely based on previous generations and shared components, include potential electronic glitches within the iDrive system. Some owners have reported software-related issues or connectivity problems with Apple CarPlay or Android Auto.
Engine oil leaks are a potential long-term concern to watch out for, as this is an issue that has plagued other BMW models with similar engines. Keep an eye on the coolant levels, as cooling system issues have been known to pop up in other models, too.
Recalls are always possible but no major recalls have been issued to date for the 2023 M3 specifically. It's crucial to check the NHTSA (National Highway Traffic Safety Administration) website for the latest recall information.
Long-term reliability can depend heavily on maintenance. Adhering to the recommended service schedule is critical. The high-performance nature of the engine means that components like the turbochargers and cooling system can be put under considerable stress. Proper maintenance and avoiding prolonged hard driving can help mitigate potential issues. Premature wear on suspension components and brake system is a concern for track-focused drivers.
Engine oil leaks are a potential long-term concern to watch out for, as this is an issue that has plagued other BMW models with similar engines. Keep an eye on the coolant levels, as cooling system issues have been known to pop up in other models, too.
Recalls are always possible but no major recalls have been issued to date for the 2023 M3 specifically. It's crucial to check the NHTSA (National Highway Traffic Safety Administration) website for the latest recall information.
Long-term reliability can depend heavily on maintenance. Adhering to the recommended service schedule is critical. The high-performance nature of the engine means that components like the turbochargers and cooling system can be put under considerable stress. Proper maintenance and avoiding prolonged hard driving can help mitigate potential issues. Premature wear on suspension components and brake system is a concern for track-focused drivers.
How long will the 2023 BMW M3 last?
With diligent maintenance, the 2023 BMW M3 can realistically provide 150,000 - 200,000 miles or 10-15 years of service. Regular oil changes, timely servicing of the cooling and fuel systems, and preventative maintenance on the suspension are key. Long-term durability concerns revolve around the turbochargers, which may require replacement over time. The complex electronics can also be a source of potential issues. Proper care and avoiding prolonged track use will significantly extend the M3's lifespan.
What Technology & Safety Features are Included?
The 2023 BMW M3 boasts a wealth of technology.
Built-in Tech & Entertainment: The iDrive 7.0 infotainment system features a 12.3-inch digital instrument cluster and a 10.25-inch central touchscreen display. Standard features include Apple CarPlay and Android Auto compatibility, navigation, Bluetooth connectivity, and a premium sound system (Harman Kardon or Bowers & Wilkins are optional).
Driver-Assistance Features: Standard features include forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring. Optional driver-assistance features include adaptive cruise control, lane keep assist, parking assistant plus, and surround-view camera system.
Safety Features: Standard safety features include multiple airbags, stability control, traction control, and anti-lock brakes.
Optional Features: Options include a head-up display, wireless charging, gesture control, and M Drive Professional (which includes a lap timer and drift analyzer).
Crash-Test Ratings: As a relatively recent model, the 2023 BMW M3 may not have been fully crash-tested by both the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety). However, the M3 typically inherits the strong safety characteristics and engineering of the 3 Series platform, which generally receives good crash-test scores. Check the official NHTSA and IIHS websites for the latest crash-test results when available.
Built-in Tech & Entertainment: The iDrive 7.0 infotainment system features a 12.3-inch digital instrument cluster and a 10.25-inch central touchscreen display. Standard features include Apple CarPlay and Android Auto compatibility, navigation, Bluetooth connectivity, and a premium sound system (Harman Kardon or Bowers & Wilkins are optional).
Driver-Assistance Features: Standard features include forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring. Optional driver-assistance features include adaptive cruise control, lane keep assist, parking assistant plus, and surround-view camera system.
Safety Features: Standard safety features include multiple airbags, stability control, traction control, and anti-lock brakes.
Optional Features: Options include a head-up display, wireless charging, gesture control, and M Drive Professional (which includes a lap timer and drift analyzer).
Crash-Test Ratings: As a relatively recent model, the 2023 BMW M3 may not have been fully crash-tested by both the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety). However, the M3 typically inherits the strong safety characteristics and engineering of the 3 Series platform, which generally receives good crash-test scores. Check the official NHTSA and IIHS websites for the latest crash-test results when available.
What Colors Options are Available?
Exterior Colors
Alpine White
Black Sapphire Metallic
Brooklyn Grey Metallic
Portimao Blue Metallic
Isle of Man Green Metallic
Toronto Red Metallic
Skyscraper Grey Metallic
Sao Paulo Yellow
Silverstone Metallic
Dravit Grey Metallic
Tanzanite Blue II Metallic
Frozen Brilliant White Metallic
Frozen Portimao Blue Metallic
Interior Colors
Kyalami Orange/Black
Yas Marina Blue/Black
Fjord Blue/Black
Black
Cognac
Ivory White
2023 BMW M3 Prices and Market Value
The 2023 BMW M3 had a starting MSRP of around $75,000. The Competition trim started higher, and prices could easily exceed $100,000 with options. Used market prices currently range from the mid-$60,000s to over $90,000, depending on mileage, condition, and trim level. Depreciation is moderate for a performance vehicle, influenced by factors like mileage, condition, service history, and the presence of desirable options like the M xDrive system or carbon-ceramic brakes. Limited edition models like the CS command higher resale values.
2023 BMW M3 Cost of Ownership
The 2023 BMW M3 is a costly vehicle to own. Insurance rates are high due to its performance capabilities. Fuel economy is mediocre, requiring premium fuel. Maintenance and repairs can be expensive, particularly for specialized M components. Long-term ownership costs, including potential repairs like turbocharger replacement, can be substantial. While not economical, the M3 offers a level of performance and driving enjoyment that some buyers find justifies the expense.
2023 BMW M3 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
59.05 liters
City Mileage
6.8 km/l
Highway Mileage
9.78 km/l
2023 BMW M3 Safety Rating
NHTSA
2023 BMW M3 Recalls & Defects
Electrical System:body Control Module:software
Recall date
2023-02-23
Recall no.
23v118000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain 2023 330i, 330i Xdrive, M340i, M340i Xdrive, M3, 330e, 330e Xdrive, 430i Convertible, 430i Xdrive, M440i, 2022-2023 430i, 430i Xdrive, M440i Xdrive, I4 Edrive40, and I4 M50 Vehicles. During A Service Visit, A Replacement Electronic Control Unit (Ecu) MAY Have Been Installed With Incorrect Programming, Which CAN Cause THE Automatic Door Locking (adl) Function TO NOT Lock THE Doors AS Intended.
Consequence
Doors That DO NOT Lock AS Intended While THE Vehicle IS IN Motion MAY Open During A Crash, Increasing THE Risk OF Injury.
Remedy
Dealers Will Update THE ECU Software, Free OF Charge. Owner Notification Letters Were Mailed April 10, 2023. Owners MAY Contact BMW Customer Service AT 1-800-525-7417.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
2023 BMW M3 Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
24 months / 50,000 miles
Powertrain
Original warranty
48 months / 50,000 miles
Estimated remaining
24 months / 50,000 miles
Rust
Original warranty
144 months / unlimited miles
Estimated remaining
120 months / unlimited miles
2023 BMW M3 Insurance
Insurance for a 2023 BMW M3 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 BMW M3 Compare to Other Sedan?
The 2023 BMW M3 competes with vehicles like the Audi RS5 Sportback, Mercedes-AMG C63, and Cadillac CT4-V Blackwing. In terms of performance, the M3 offers a compelling blend of power and handling, often praised for its engaging driving dynamics. The AMG C63 provides a more visceral experience with its V8 engine, while the Audi RS5 offers a more refined and comfortable ride. The CT4-V Blackwing is known for its incredible track performance and manual transmission option.
In terms of features, the M3 is well-equipped with advanced technology and driver-assistance systems, comparable to its rivals. Reliability can be a deciding factor; some may perceive the Audi and Mercedes-Benz models as having slightly better long-term reliability records, although this can vary. The Cadillac provides excellent value for the performance but doesn't offer the same level of interior refinement as the German competitors.
Price-wise, the M3 is generally in line with the AMG C63 and slightly more expensive than the RS5 and CT4-V Blackwing. Alternatives to consider depend on priorities. For pure driving thrills and track capability, the Cadillac CT4-V Blackwing is a strong contender. For a more luxurious and refined experience, the Audi RS5 Sportback is a good choice. Those prioritizing a powerful V8 engine might prefer the Mercedes-AMG C63, though it is undergoing a significant powertrain change for newer models.
In terms of features, the M3 is well-equipped with advanced technology and driver-assistance systems, comparable to its rivals. Reliability can be a deciding factor; some may perceive the Audi and Mercedes-Benz models as having slightly better long-term reliability records, although this can vary. The Cadillac provides excellent value for the performance but doesn't offer the same level of interior refinement as the German competitors.
Price-wise, the M3 is generally in line with the AMG C63 and slightly more expensive than the RS5 and CT4-V Blackwing. Alternatives to consider depend on priorities. For pure driving thrills and track capability, the Cadillac CT4-V Blackwing is a strong contender. For a more luxurious and refined experience, the Audi RS5 Sportback is a good choice. Those prioritizing a powerful V8 engine might prefer the Mercedes-AMG C63, though it is undergoing a significant powertrain change for newer models.
Ranks #495 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (5.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
| 495 | 2023 BMW M3 | (0.0★) |
Final Verdict: Is the 2023 BMW M3 a Good Sedan?
The 2023 BMW M3 is ideal for driving enthusiasts who appreciate a high-performance sports sedan with a blend of track capabilities and daily usability. It's worth buying if you prioritize thrilling driving dynamics, a luxurious interior, and the prestige of the M badge. Consider buying used to save on depreciation, but ensure a thorough inspection and service history check. The Competition trim offers increased power and sharper handling, appealing to those seeking maximum performance. If you need all-weather capability, the M3 Competition with xDrive is the best option. Ultimately, the M3 is a rewarding but expensive choice, best suited for those who truly value the driving experience.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.