BMW just released prices for its 2023 lineup and prices are up across the board, with the M-series high-performance vehicles getting even heftier increases.
The base manual model 2023 BMW M3 is up $2,700 compared to the 2022 model, while the M3-Competition models, with either rear-wheel or all-wheel-drive xDrive, are both up $3,700 from 2022. Both the M4 and M4 Competition models get price increases by the same amount as well. This would set the price of a base 2023 M3 at $73,795, with the M4’s base price coming in at $75,695.
If the M5 is what you desire, note that the 2023 model is $4,200 more than the 2022 model, with its new base price coming in at $108,895. The M550i with its 4.4-liter twin-turbo V8 even gets an increase of $3,100 for 2023.
On the ultra-pricey range of the M lineup, BMW had previously dramatically dropped its M8 prices by up to $16,000 for the 2022 model year, but those prices are set to rise in 2023. The M8 coupe and Gran Coupes are slated to rise by $4,100, giving them $135,095 base prices for 2023. The M8 convertible is up a stout $4,200 for a base price of $144,695. Meanwhile, the Alpina B8 sees its base price bumped up by a hefty $5,000 for 2023. These prices are still considerably lower than what was charged for the 2020 model year, but they’re now less of a bargain than they were in 2022.
Moving on to the M-Series SUVs, prices are up but not quite as dramatically as is the case for the sedans and coupes. The venerable BMW X3 M, X4 M, and X5 M-series all see moderate $2,800 price increases for 2023. If the X6 M is what you desire, that gets the greatest increase of all the SUVs, going up $4,100 to a new 2023 model year base price of $114,695. Last but not least, the iX M60’s price is also going up, with its new starting point set at $109,895, or $3,800 more than was previously announced by BMW for the 2023 model year.
Become a TTAC insider. Get the latest news, features, TTAC takes, and everything else that gets to the truth about cars first by subscribing to our newsletter.