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2023 BMW Z4

Used 2023 BMW Z4

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5.0
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2023 BMW Z4 Exterior: 0
2023 BMW Z4 Exterior: 1
Exterior (31)
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Interior (28)
2023 BMW Z4 All Media: 1

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2026
2023
Fuel Economy
26 - 28 combined mpg
Horsepower
255 - 382 hp
Engine
2 engines available
Engine Options
  • 4-Cyl, Turbo, 2.0 Liter
  • 6-Cyl, Turbo, 3.0 Liter
Torque
295 - 369 lb-ft
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2023 BMW Z4 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

  • Premium interior
  • Sporty M40i model
  • User-friendly tech

Cons

  • No manual transmission

What's New?

  • Standard M Sport Package
  • New paint and wheel options
  • Optional M Shadowline Lights

The BMW Z4 is a luxury convertible that’s both comfortable and fun to drive. The premium interior with a driver-centric cockpit and engaging driving experience makes it a proper driver’s car, which is always good to see from the BMW brand. It gets especially sporty if you opt for the exciting turbocharged 6-cylinder engine. The Z4 primarily competes with the Audi TT and Porsche 718 Boxster.

2023 BMW Z4 Pricing

2023 BMW Z4 pricing starts at $43,182 for the Z4 sDrive 30i Roadster 2D, which had a starting MSRP of $53,795 when new. The range-topping 2023 Z4 sDrive M40i Roadster 2D starts at $52,429 today, originally priced from $66,295.

Original MSRP
KBB Fair Purchase Price (national avg.)
$53,795
$43,182
$66,295
$52,429

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 Z4 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the BMW Z4

The driving experience of the BMW Z4 reflects its personality as a luxury sports car. In our testing, we found it comfortable in long-distance cruising and fun to drive when the road gets twisty. The Z4 is a fun sports car you can comfortably drive daily.

The enthusiast in us welcomes the available upgrades that make the Z4 more engaging to drive. The turbocharged 6-cylinder engine brings a significant performance boost with much more power and torque. If the M40i model doesn’t fit your budget, the 4-cylinder model is available with a Dynamic Handling Package. This option package adds upgraded M brakes, an M differential, and an adaptive M suspension.

Premium Interior

The BMW Z4 is a sports car that doesn’t forget it’s a luxury car. The interior materials are high-quality, and the design is both sporty and luxurious. We like the healthy bolstering in the seats, but they’re still comfortable for long-distance highway driving.

We also appreciate how the cockpit and center stack face the driver. It pleasantly reminds us of classic BMW driver’s cars from the past. The controls are easy to use, and everything feels ergonomically designed.

The trunk space of the Z4 is about average for a sports car this size.

Sporty Exterior

The BMW Z4 isn’t a typical, conservatively styled German luxury car. It has some striking body lines and a modern execution of the classic BMW kidney grille. Unlike some of its rivals, like the Audi TT, the Z4 is only available as a soft-top convertible with no hardtop coupe option.

Our Favorite Features and Tech

M Sport Package
The M Sport Package now comes standard on every BMW Z4. It bundles many sporty features like a special appearance package inside and out, M Sport seats, and an M Sport suspension system.

Eager engines
A choice of two turbocharged engines are available under the hood of the Z4: a 4-cylinder or a 6-cylinder. The 4-cylinder is quick and efficient, but enthusiasts prefer the more powerful 6-cylinder in the M40i model.

50/50 weight distribution
BMW carefully engineered the chassis of this roadster to achieve 50/50 weight distribution. The result is agile handling and a balanced ride at any speed.

BMW Live Cockpit Professional
This standard feature treats the driver to a customizable, high-resolution 10.25-inch digital gauge cluster. This screen can show you everything you want to see and nothing you don’t.

BMW iDrive 7
The BMW iDrive i7 infotainment system is user-friendly and packed with features. Wireless Android Auto and Apple CarPlay make it easy to access your apps without taking your phone out of your pocket.

Dynamic Handling Package
This option package for the sDrive30i model makes the 4-cylinder Z4 a better performer without the expense of the M40i. It has an M Sport differential, M Sport brakes, and an adaptive M suspension system.

Engine & Transmission

The 2023 BMW Z4 lineup offers a choice of two excellent engines.

255-horsepower 4-cylinder Engine

The standard engine in the Z4 is a turbocharged 4-cylinder mated to an 8-speed automatic transmission. It delivers satisfying power while returning good fuel economy for a luxury sports car. The lower price tag and better fuel economy make the 4-cylinder the value choice in the Z4.

2.0-liter turbocharged 4-cylinder engine
255 horsepower @ 5,000-6,500 rpm
295 lb-ft of torque @ 1,500-4,400 rpm
EPA city/highway fuel economy: 25/33 mpg

382-horsepower 6-cylinder Engine

For drivers craving more robust performance, the M40i model packs a turbocharged 6-cylinder that significantly improves performance. It uses the same 8-speed automatic transmission as the base engine delivering power to the rear wheels.

3.0-liter turbocharged inline 6-cylinder engine
382 horsepower @ 5,800-6,500 rpm
369 lb-ft of torque @ 1,800-5,000 rpm
EPA city/highway fuel economy: 23/31 mpg

More Z4 fuel economy information is available on the EPA’s website.

4-Year/50,000-Mile Warranty

The BMW Z4 is backed by a 4-year/50,000-mile bumper-to-bumper warranty. This coverage is typical of a luxury sports car.


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2023 BMW Z4
KBB.com Consumer Reviews

5.0
Consumer Rating
Based on 3 Consumer Reviews
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100%Recommend this vehicle
5
100%
5
100%
4
0%
4
0%
3
0%
3
0%
2
0%
2
0%
1
0%
1
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Value
4.3
Performance
4.7
Quality
5.0
Comfort
4.7
Reliability
4.7
Styling
5.0

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2023 BMW Z4 Styles

Style
Price
Combined Fuel Economy
Horsepower
Engine
Torque
0-60
Top Speed
Curb Weight
sDrive 30i Roadster 2D
$43,182
28 MPG
255 @ 5000 RPM
4-Cyl, Turbo, 2.0 Liter
295 lb-ft
5.2 seconds
155 mph
3314 lbs
sDrive M40i Roadster 2D
$52,429
26 MPG
382 @ 5800 RPM
6-Cyl, Turbo, 3.0 Liter
369 lb-ft
3.9 seconds
155 mph
3543 lbs
See Full Specs for All 2023 BMW Z4 Styles
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2023 BMW Z4 Depreciation

A 2023 BMW Z4 has depreciated $12,433 or 23% in the last 2 years and has a current resale value of $41,362 and trade-in value of $38,606.

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2023 BMW Z4
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2023 BMW Z4 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$53,795
$53,795
2024
$8,506
$45,289
$42,495
Now
$3,927
$41,362
$38,606
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2-Year Forecasted Depreciation

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

2023 BMW Z4 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
3314 lbs.
Fuel Capacity
13.7 gallons
Front Head Room
38.9 inches
Front Leg Room
42.2 inches
Max Seating Capacity
2
Overall Length
170.7 inches
Front Shoulder Room
54.3 inches
Wheel Base
97.2 inches
Width with mirrors
79.7 inches

Exterior

Adaptive Headlights
Available
Alloy Wheels
Available
Number of Doors
2 doors
Power Folding Exterior Mirrors
Available
LED Headlights
Available

Fuel Economy

City
25 mpg
Highway
33 mpg
Combined
28 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic
8 speed
Available
Recommended Fuel
Premium
Parking Assist System
Available

Performance

Horsepower
255 @ 5000 RPM
Torque
295 @ 1550 rpm
Engine
4-Cyl, Turbo, 2.0 Liter
0 to 60
5.2 seconds
Top Speed
155 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

  • Premium Radio
  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Steering Wheel Controls

Seating

  • Leather Seats
  • Folding Rear Seat
  • Heated 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
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Remote Engine Start
  • Smartphone Interface
  • Touch Screen Monitor
  • USB Port
  • Real-Time Traffic Information

2023 BMW Z4 Safety

2023 BMW Z4 Safety Technology

Driving Assistance Package

This package is available on both Z4 trims and adds parking sensors, blind-spot monitoring, and lane-departure warning.

Active Cruise Control

Active Cruise Control is an individual option for the Z4. It can sense the car in front of you and automatically maintain a safe distance while the cruise control is on.

Automatic high beams

Automatic high beams come standard on every 2023 BMW Z4. This improves visibility on a dark country road but will adjust automatically so they don’t blind other drivers.

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See Details
Price
$43,182
$42,187
$46,854
KBB.com Rating
4.3
4.6
4.6
Consumer Rating
5.0
4.1
3.1
Fuel Economy
City 25/Hwy 33/Comb 28 MPG
City 24/Hwy 31/Comb 26 MPG
City 21/Hwy 29/Comb 24 MPG
Fuel Type
Gas
N/A
N/A
Seating Capacity244
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
Horsepower
255 @ 5000 RPM
201 HP
255 @ 5800 RPM
Engine
4-Cyl, Turbo, 2.0 Liter
4-Cyl, Turbo, 2.0 Liter
4-Cyl, Turbo, 2.0 Liter
Drivetrain
RWD
AWD
RWD

2023 BMW Z4 Rankings

More BMW Z4 News & Information

Luxury Sports Car
Reports: BMW Z4 Finally Gets a Manual Transmission

The BMW Z4 has a spirit automakers have almost forgotten how to craft. It’s lovely, an utter joy to drive,…

Sean Tucker December 12, 2023
Luxury Car
2019 BMW Z4 M40i Roadster Unveiled

Update: We’ve driven the new BMW Z4 M40i   New roadster shown at Pebble Beach Developed in concept with Toyota…

Matt DeLorenzo August 23, 2018
Luxury Car
BMW Z4 Concept set for Pebble Beach debut

Offering an early look at what we can expect from the next-generation Z4 roadster, BMW has released preview images of…

Bob Nagy July 31, 2017

FAQs

Is the 2023 BMW Z4 a good vehicle?

Yes, the 2023 BMW Z4 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.3 out of 5.

What is the MPG for a 2023 BMW Z4?

2023 BMW Z4 city/highway fuel economy ratings range from 23/31 mpg to 25/33 mpg, depending on trim and equipment.

How much should a 2023 BMW Z4 cost?

Used 2023 BMW Z4 prices currently range from $43,182 for the sDrive 30i Roadster 2D to $52,429 for the sDrive M40i Roadster 2D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest BMW Z4?

The cheapest 2023 BMW Z4 is the sDrive 30i Roadster 2D, with a Kelley Blue Book Fair Purchase Price of $43,182.

Is the 2023 BMW Z4 reliable?

The 2023 BMW Z4 is part of the 3rd-generation Z4, which our owners give an above-average reliability rating of 4.7 out of 5.

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