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2023 BMW X3 M
#8 Best Luxury Compact SUVs of 2023

Used 2023 BMW X3 M

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2024
2023
Fuel Economy
17 combined mpg
Horsepower
473 hp
Seating
5
Cargo Volume
62.7 cu ft
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2023 BMW X3 M Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Engaging driving dynamics
  • Roomy interior
  • Intuitive tech features

Cons

  • No hybrid option
  • Expensive options
  • Some rivals are more luxurious

What's New?

  • Parking Assistance Package on 30i models

Drivers have many choices when shopping for a compact luxury SUV. If you’re looking for a premium SUV that drives like a compact sports sedan, then you’ll be satisfied with the sporty BMW X3. The handling is more agile than you might expect for an SUV, and it has a mighty range of engines going up to the 503-horsepower X3 M Competition. However, it’s on the more expensive side of its segment alongside the Mercedes-Benz GLC-Class and Audi Q5. To the right driver, it’s worth every penny.

2023 BMW X3 M Pricing

2023 BMW X3 M pricing starts at $65,000 for the X3 M Sport Utility 4D, which had a starting MSRP of $75,395 when new. The range-topping 2023 X3 M Sport Utility 4D starts at $65,000 today, originally priced from $75,395.

Original MSRP
KBB Fair Purchase Price (national avg.)
$75,395
$65,000

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 BMW X3 M models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the BMW X3 M

It might be cliche to say it, but when it comes to the driving experience, the X3 is the BMW of compact SUVs. It delivers a rewarding driving experience no matter which engine is under the hood. From the base 4-cylinder up to the mighty X3 M, this SUV will put a smile on your face.

The base engine delivers a blend of power and fuel efficiency that makes it the best choice for the average luxury SUV shopper. However, the enthusiast will want one of the 6-cylinder variants. The M40i gives you much more power and torque without the price going too crazy, and it maintains decent fuel economy.

If you have a high budget for an SUV (and for fuel), then the X3 M is the way to go. Few SUVs in this class can match the performance and poise of the X3 M, especially with the optional Competiton Package, which puts it over 500 horsepower.

Interior Comfort

The inside of the BMW X3 follows the brand’s ethos of restrained luxury. It has a pleasing interior design that uses premium materials. It has an air of simplicity, and it feels very driver-centric.

The interior of the X3 is luxurious by anyone’s standards, but some of its rivals in the same price range are even nicer. Even some more affordable competitors arguably have nicer interiors with similar feature content at a lower price point. If you’re looking for the best interior quality in this class, you may prefer the Audi Q5 or Mercedes-Benz GLC-Class.

As for interior space, the X3 comfortably seats adults in both rows of seats. It’s also among the best in its class regarding cargo space, which strengthens its daily practicality.

Exterior Styling

The BMW X3 has some traditional styling cues like the classic kidney grille, but it looks thoroughly modern. A handsome light signature and bold body lines make it look dignified and upscale, but it’s not too flashy.

The X3’s look can change a bit depending on how you configure it. For example, the models with “M” in the name and the base trim equipped with the M Sport package look sportier with aerodynamic bodywork, unique wheels, and Shadowline exterior trim.

The size of the BMW X3 is in line with the compact luxury SUV class. Its dimensions are very similar to the Mercedes-Benz GLC-Class, Audi Q5, and Acura RDX. In the BMW lineup, it slots in between the subcompact X1 and midsize X5.

Favorite Features

EXCELLENT ENGINES
There are no bad engine options under the hood of the X3. The base 4-cylinder is strong yet efficient, and the available 6-cylinder is offered in three different tunings to pick your level of performance.

IDRIVE INFOTAINMENT SYSTEM
The iDrive infotainment system in the X3 is intuitive and packed with features. The standard 10.25-inch screen has navigation, Android Auto, Apple CarPlay, and a Wi-Fi hotspot.

Standard Features

The BMW X3 is nicely appointed with standard features, as you might expect in a premium SUV at this price point. The standard powertrain is a delightful turbocharged inline-4 mated to an 8-speed automatic transmission. Rear-wheel drive (RWD) is standard, and all-wheel drive (AWD) is optional.

Standard features on the base sDrive30i trim include a power liftgate, auto-dimming mirrors, 40/20/40 split rear seats, LED headlights with automatic high beams, 3-zone automatic climate control, an Anthracite headliner, and dark oak interior trim.

The standard iDrive infotainment system uses a 10.25-inch screen with Android Auto, Apple CarPlay, and navigation. Other standard tech features include HD Radio, a Wi-Fi hotspot, and a 12-speaker audio system.

Standard safety tech features in the X3 include front and rear parking sensors, blind-spot monitoring with rear cross-traffic alert, adaptive cruise control, automatic emergency braking, lane-departure warning, and traffic sign recognition.

Factory Options

One of the most popular options in the X3 is all-wheel drive, which BMW calls xDrive. The AWD-equipped xDrive30i model has a list of standard and available features very similar to the sDrive30i model.

On top of an engine upgrade, the M40i comes with a sporty appearance package, M Sport brakes, a SensaTec dashboard, aluminum interior trim, full LED lighting, an upgraded sound system, and an M steering wheel.

The X3 M is the ultimate in X3 performance with a more aggressively tuned 6-cylinder engine than the one you get in the M40i. It also has some unique interior and exterior touches, an M Sport differential, dynamic damper control, Harman Kardon audio, heated front seats, adaptive LED headlights, and more. The Competition Package adds even more power and torque, plus an M Sport exhaust, an extended Merino leather interior, and more M branding inside.

Many individual options and package packages are available to let you customize your X3 to your liking. For example, the M Sport Package adds a sportier look to the 4-cylinder models, and a Premium Package adds more luxury with features like a panoramic moonroof, a heated steering wheel, heated front seats, a Live Cockpit Pro digital gauge cluster, and more.

Engine & Transmission

The BMW X3 is available with a 4-cylinder or a 6-cylinder engine, both turbocharged. The base engine in the 30i models is a 2.0-liter turbo-4 with a good balance of power and efficiency. Rear-wheel drive is standard, and all-wheel drive is optional with this engine.

Upgrading to the M40i model significantly improves performance with a turbocharged 6-cylinder and standard AWD. Finally, the X3 M comes with a more powerful version of the turbo-6 engine, making over 500 horsepower if you add the Competition package.

Every X3 features a quick-shifting 8-speed automatic transmission.

2.0-liter turbocharged inline-4 (sDrive 30i & xDrive30i)
248 horsepower @ 5,200-6,500 rpm
258 lb-ft of torque @ 1,450-4,800 rpm
EPA city/highway fuel economy: 23/29 mpg (RWD), 21/28 mpg (AWD)

3.0-liter turbocharged inline-6 & 48-volt mild-hybrid system (M40i)
382 horsepower @ 5,800-6,500 rpm
369 lb-ft of torque @ 1,800-5,000 rpm
EPA city/highway fuel economy: 21/26 mpg

3.0-liter turbocharged inline-6 (X3 M)
473 horsepower (X3 M) 503 horsepower (X3 M Competition) @ 6,250 rpm
457 lb-ft of torque (X3 M) 479 lb-ft of torque (X3 M Competition) @ 2,750-5,450 rpm
EPA city/highway fuel economy: 15/20 mpg


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2023 BMW X3 M
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 5 Consumer Reviews
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85%Recommend this vehicle
5
80%
5
80%
4
0%
4
0%
3
20%
3
20%
2
0%
2
0%
1
0%
1
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Value
4.2
Performance
5.0
Quality
4.8
Comfort
3.8
Reliability
4.8
Styling
4.8

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2023 BMW X3 M Style

Style
Price
Combined Fuel Economy
Horsepower
Seating
Cargo Capacity
Engine
0-60
Curb Weight
Drivetrain
Sport Utility 4D
$65,000
17 MPG
473 @ 6250 RPM
5
62.7 cu ft
6-Cyl, Twin Turbo, 3.0 Liter
3.9 seconds
4610 lbs
AWD
See Full Specs for All 2023 BMW X3 M Styles
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2023 BMW X3 M Depreciation

A 2023 BMW X3 M has depreciated $13,383 or 17% in the last 2 years and has a current resale value of $62,012 and trade-in value of $58,852.

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2023 BMW X3 M
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2023 BMW X3 M Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$75,395
$75,395
2024
$6,241
$69,154
$63,852
Now
$7,142
$62,012
$58,852
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 BMW X3 M Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4610 lbs.
Fuel Capacity
17.2 gallons
Front Head Room
41.1 inches
Front Leg Room
40.3 inches
Max Seating Capacity
5
Minimum Ground Clearance
8.1 inches
Overall Length
186.0 inches
Front Shoulder Room
57.6 inches
Trunk or Cargo Capacity
62.7 cu.ft.
Turning Diameter
20.7 feet
Wheel Base
112.8 inches
Width with mirrors
84.2 inches

Exterior

Adaptive Headlights
Available
Alloy Wheels
Available
Moon Roof/Sun Roof
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Power Folding Exterior Mirrors
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available

Fuel Economy

City
15 mpg
Highway
20 mpg
Combined
17 mpg

Mechanical

Drivetrain
AWD
Transmission Type
Automatic
8 speed
Available
Recommended Fuel
Premium
Hill Descent Control
Available
Parking Assist System
Available

Performance

Horsepower
473 @ 6250 RPM
Torque
457 @ 2750 rpm
Engine
6-Cyl, Twin Turbo, 3.0 Liter
0 to 60
3.9 seconds
Top Speed
177 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Heated Steering Wheel
  • Integrated Garage Door Opener
  • Interior Ambient Lighting

Entertainment

  • MP3 Player
  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio
  • CD Player

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Power Outlet
  • Steering Wheel Controls
  • Tilt/Telescoping Steering Wheel

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Remote Engine Start
  • Smartphone Interface
  • USB Port
  • Real-Time Traffic Information

2023 BMW X3 M Safety

2023 BMW X3 M Safety Technology

Adaptive cruise control

This convenient feature automatically maintains a safe distance from the car in front of you while cruise control is on.

Parking Assistant Plus

This available semi-autonomous parking system takes care of the steering while you work the pedals while parking.

Park Distance Control

Front and rear parking sensors come standard on every X3.

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Price
$65,000
$71,238
$76,495
KBB.com Rating
4.4
4.0
N/A
Consumer Rating
4.6
5.0
4.6
Fuel Economy
City 15/Hwy 20/Comb 17 MPG
City 18/Hwy 23/Comb 20 MPG
City 15/Hwy 20/Comb 17 MPG
Fuel Type
Gas
N/A
Gas
5 Year Cost To Own
5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation).
N/A
N/A
$90,565
Seating Capacity565
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
Horsepower
473 @ 6250 RPM
395 @ 5000 RPM
473 @ 6250 RPM
Engine
6-Cyl, Twin Turbo, 3.0 Liter
6-Cyl, MHEV, 3.0 Liter
6-Cyl, Twin Turbo, 3.0 Liter
Drivetrain
AWD
AWD
AWD

2023 BMW X3 M Rankings

More BMW X3 M News & Information

FAQs

How much is a 2023 BMW X3?

The 2023 BMW X3 starts at $45,400.

Is the 2023 BMW X3 a good SUV?

The BMW X3 is an excellent compact luxury SUV with strong engine choices and agile handling, but some rivals are more luxurious at a lower price.

Where is the 2023 BMW X3 made?

BMW builds X3 models for the U.S. market in Spartanburg, South Carolina.

Is the 2023 BMW X3 M a good vehicle?

Yes, the 2023 BMW X3 M is a good car, as reflected by its above-average Kelley Blue Book rating of 4.4 out of 5.

What is the MPG for a 2023 BMW X3 M?

The 2023 BMW X3 M is rated to return city/highway fuel economy of 15/20 mpg.

How much should a 2023 BMW X3 M cost?

Used 2023 BMW X3 M prices currently range from $65,000 for the Sport Utility 4D to $65,000 for the Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest BMW X3 M?

The cheapest 2023 BMW X3 M is the Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $65,000.

Is the 2023 BMW X3 M reliable?

The 2023 BMW X3 M is part of the 1st-generation X3 M, which our owners give an above-average reliability rating of 4.8 out of 5.

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