The BMW M3, a high-performance variant of the 3 Series, has been a benchmark for sports sedans for decades. The 2024 model continues this legacy, offered as a sedan. Key trims include the M3, M3 Competition, and M3 Competition xDrive (all-wheel drive). Pricing typically ranges from around $76,000 to over $85,000, depending on configuration. The M3 stands out for its exceptional driving dynamics, powerful engine, and blend of track-ready performance with everyday usability.
The Good
The 2024 BMW M3 delivers blistering performance appealing to enthusiasts. It offers surprising comfort and a stylish design. While not the most fuel-efficient, it provides a balance of performance and practicality, especially with available all-wheel drive. Its reputation for quality and strong resale value also makes it a smart choice for practical buyers, while the driving experience satisfies emotional needs.
The Bad
Potential weaknesses of the 2024 BMW M3 include its polarizing front-end styling, which isn't universally loved. Some may find the ride a bit stiff for daily commuting, even in comfort mode. Also, its performance-oriented design can lead to higher running costs (fuel, tires). Keep an eye on electronics, as some BMW models have been known to experience occasional glitches.
2024 BMW M3: Quick Overview
- Engine Options:
The 2024 BMW M3 is primarily powered by a 3.0-liter twin-turbocharged inline-six engine. - Horsepower:
* M3: 473 horsepower
* M3 Competition: 503 horsepower - Fuel Economy:
EPA estimates typically range around 16 mpg city / 23 mpg highway, but this can vary significantly based on driving style. The xDrive versions may have slightly lower city mpg. - 0-60 Times:
* M3: Around 4.1 seconds
* M3 Competition: Around 3.8 seconds
* M3 Competition xDrive: Around 3.4 seconds - Towing Capacity:
The BMW M3 is not designed for towing and does not have a specified towing capacity. - Trim-Level Features:
* M3 (Base): Standard features include adaptive M suspension, M Sport seats, carbon fiber trim, iDrive 7.0 infotainment system with a 12.3-inch digital instrument cluster and a 10.25-inch central display, Apple CarPlay, Android Auto, and a suite of driver-assistance features.
* M3 Competition: Adds the higher-output engine, M Sport exhaust, unique wheel designs, and often includes upgraded interior trim options. It typically comes standard with an 8-speed M Steptronic transmission.
* M3 Competition xDrive: Incorporates BMW's xDrive all-wheel-drive system, which provides enhanced traction and performance, especially in adverse weather conditions. xDrive models also feature specific tuning for the chassis and stability control systems.
Optional features across trims include carbon-ceramic brakes, upgraded audio systems (Harmon Kardon or Bowers & Wilkins), full leather upholstery, and various exterior carbon fiber packages.
2024 BMW M3 Specifications
Vehicle Information
| Year | 2024 |
| 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 | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
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 | Standard |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
Vehicle History Report
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Analysis
Analysis
What Problems Does the 2024 BMW M3 Have?
As the 2024 BMW M3 is a relatively new model, long-term reliability data is still emerging. However, potential areas of concern, based on past BMW models and early reports, could include the following:
Electronics: BMWs are known for their complex electronic systems, which can sometimes experience glitches or software-related issues. These might manifest as infotainment system problems, sensor malfunctions, or issues with the driver-assistance features. Regular software updates are crucial to mitigate these issues.
Turbocharger Reliability: The twin-turbocharged engine, while powerful, puts significant stress on its components. Potential issues could include turbocharger failures or oil leaks. Maintaining proper oil change intervals and allowing the engine to warm up properly before aggressive driving can help prolong turbocharger life.
Cooling System: High-performance engines generate a lot of heat, so the cooling system is critical. Watch for any signs of coolant leaks or overheating, as these could indicate a problem with the radiator, water pump, or hoses.
Suspension Components: The M3's sport-tuned suspension can be prone to wear and tear, especially if the vehicle is frequently driven on rough roads. Keep an eye out for worn bushings, ball joints, or shocks.
It's essential to check for any recalls issued by BMW and to follow the manufacturer's recommended maintenance schedule. Consulting owner forums and online resources can also provide valuable insights into potential problems and solutions. As more data becomes available over time, a clearer picture of the 2024 M3's long-term reliability will emerge.
Electronics: BMWs are known for their complex electronic systems, which can sometimes experience glitches or software-related issues. These might manifest as infotainment system problems, sensor malfunctions, or issues with the driver-assistance features. Regular software updates are crucial to mitigate these issues.
Turbocharger Reliability: The twin-turbocharged engine, while powerful, puts significant stress on its components. Potential issues could include turbocharger failures or oil leaks. Maintaining proper oil change intervals and allowing the engine to warm up properly before aggressive driving can help prolong turbocharger life.
Cooling System: High-performance engines generate a lot of heat, so the cooling system is critical. Watch for any signs of coolant leaks or overheating, as these could indicate a problem with the radiator, water pump, or hoses.
Suspension Components: The M3's sport-tuned suspension can be prone to wear and tear, especially if the vehicle is frequently driven on rough roads. Keep an eye out for worn bushings, ball joints, or shocks.
It's essential to check for any recalls issued by BMW and to follow the manufacturer's recommended maintenance schedule. Consulting owner forums and online resources can also provide valuable insights into potential problems and solutions. As more data becomes available over time, a clearer picture of the 2024 M3's long-term reliability will emerge.
How long will the 2024 BMW M3 last?
With proper maintenance, a 2024 BMW M3 can realistically last for 150,000-200,000 miles or 10-15 years. Key to longevity is adhering to the recommended maintenance schedule, using high-quality fluids, and addressing any mechanical issues promptly. Potential long-term weaknesses may include wear and tear on suspension components, turbocharger degradation, and potential issues with complex electronics. Owners who prioritize preventative maintenance and avoid excessively harsh driving will likely see better long-term durability.
What Technology & Safety Features are Included?
The 2024 BMW M3 boasts a comprehensive suite of technology, entertainment, driver-assistance, and safety features.
Tech and Entertainment: It features BMW's iDrive 7.0 infotainment system with 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, and a premium sound system (upgradeable to Harmon Kardon or Bowers & Wilkins).
Driver-Assistance Features: Standard driver-assistance features include forward collision warning with automatic emergency braking, lane departure warning, and active blind-spot detection. Optional features include adaptive cruise control with stop-and-go functionality, lane-keeping assist, and parking assist.
Safety Features: Standard safety features include multiple airbags, stability control, traction control, and anti-lock brakes. The M3 also features a robust body structure designed to protect occupants in the event of a crash.
Crash-Test Ratings: As a new vehicle, official crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) may not be immediately available. However, BMWs generally perform well in crash tests, and the M3 is expected to offer a high level of crash protection.
Optional features include a head-up display, wireless charging, and a Wi-Fi hotspot. The M3's advanced technology features contribute to both convenience and safety, enhancing the overall driving experience.
Tech and Entertainment: It features BMW's iDrive 7.0 infotainment system with 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, and a premium sound system (upgradeable to Harmon Kardon or Bowers & Wilkins).
Driver-Assistance Features: Standard driver-assistance features include forward collision warning with automatic emergency braking, lane departure warning, and active blind-spot detection. Optional features include adaptive cruise control with stop-and-go functionality, lane-keeping assist, and parking assist.
Safety Features: Standard safety features include multiple airbags, stability control, traction control, and anti-lock brakes. The M3 also features a robust body structure designed to protect occupants in the event of a crash.
Crash-Test Ratings: As a new vehicle, official crash-test ratings from the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) may not be immediately available. However, BMWs generally perform well in crash tests, and the M3 is expected to offer a high level of crash protection.
Optional features include a head-up display, wireless charging, and a Wi-Fi hotspot. The M3's advanced technology features contribute to both convenience and safety, enhancing the overall driving experience.
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
Dravit Grey Metallic
Frozen Portimao Blue Metallic
Frozen Brilliant White Metallic
Interior Colors
Kyalami Orange/Black
Silverstone/Black
Black
Yas Marina Blue/Black
Ivory White
Fjord Blue/Black
Tartufo
Orange Extended Merino Leather
Silverstone Full Merino Leather
Black Full Merino Leather
2024 BMW M3 Prices and Market Value
The 2024 BMW M3 had a starting MSRP of approximately $76,000, with the Competition models starting higher, around $80,000, and Competition xDrive models even more. Used market prices will vary based on mileage, condition, and options. Expect a modest depreciation in the first year or two. Factors affecting resale value include low mileage, clean Carfax reports, desirable options (like carbon-ceramic brakes or premium audio), and overall market demand. BMW's reputation for performance helps maintain relatively strong resale values compared to some competitors.
2024 BMW M3 Cost of Ownership
The 2024 BMW M3 is a costly vehicle to own long-term. Insurance premiums will be higher due to its performance capabilities. Fuel costs can be significant, especially with enthusiastic driving. Maintenance and repair costs are also above average, given the M3's specialized components. Expect to pay more for specialized tires, brake services, and potential repairs compared to a standard sedan. Budget accordingly for these expenses when considering M3 ownership.
2024 BMW M3 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
47.7 liters
City Mileage
6.25 km/l
Highway Mileage
4.29 km/l
2024 BMW M3 Safety Rating
NHTSA
2024 BMW M3 Insurance
Insurance for a 2024 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 2024 BMW M3 Compare to Other Sedan?
The 2024 BMW M3 competes with the likes of the Audi RS5, Mercedes-AMG C63, and Cadillac CT4-V Blackwing.
Performance: The M3 offers a comparable or superior driving experience to its rivals, especially in terms of handling and responsiveness. The CT4-V Blackwing offers similar performance but with a more raw and visceral feel. The AMG C63 prioritizes brute power and a luxurious interior.
Features: The M3 is well-equipped with technology and offers a wide range of optional features. It generally matches its German competitors in this regard.
Reliability: Historically, BMW has had mixed reliability ratings. The Audi RS5 and Mercedes-AMG C63 also have their own potential issues. The Cadillac CT4-V Blackwing's reliability is still being assessed.
Price: The M3's pricing is competitive within its class. The CT4-V Blackwing often provides better value for money, while the AMG C63 tends to be more expensive.
Alternatives: If you prioritize raw performance and a more engaging driving experience, the Cadillac CT4-V Blackwing is a strong contender. If you prefer a more luxurious and comfortable experience, the Mercedes-AMG C63 is worth considering. The Audi RS5 offers a balanced approach with all-wheel-drive traction. The choice depends on individual preferences and priorities.
Performance: The M3 offers a comparable or superior driving experience to its rivals, especially in terms of handling and responsiveness. The CT4-V Blackwing offers similar performance but with a more raw and visceral feel. The AMG C63 prioritizes brute power and a luxurious interior.
Features: The M3 is well-equipped with technology and offers a wide range of optional features. It generally matches its German competitors in this regard.
Reliability: Historically, BMW has had mixed reliability ratings. The Audi RS5 and Mercedes-AMG C63 also have their own potential issues. The Cadillac CT4-V Blackwing's reliability is still being assessed.
Price: The M3's pricing is competitive within its class. The CT4-V Blackwing often provides better value for money, while the AMG C63 tends to be more expensive.
Alternatives: If you prioritize raw performance and a more engaging driving experience, the Cadillac CT4-V Blackwing is a strong contender. If you prefer a more luxurious and comfortable experience, the Mercedes-AMG C63 is worth considering. The Audi RS5 offers a balanced approach with all-wheel-drive traction. The choice depends on individual preferences and priorities.
Ranks #6 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★) |
Final Verdict: Is the 2024 BMW M3 a Good Sedan?
The 2024 BMW M3 is ideal for driving enthusiasts who want a high-performance sports sedan that is also practical for daily use. It's worth buying if you appreciate its blend of performance, technology, and luxury, and if you're prepared for the higher ownership costs. Purchasing new allows you to configure the car to your exact specifications. A used M3 can offer a more accessible entry point, but thorough inspection and maintenance history review are crucial. The Competition xDrive model is an excellent choice for those living in areas with inclement weather.
Cathleen V
Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.