How much is a bmw m4?
Updated: July 31, 2024Introduction to the BMW M4
The BMW M4, renowned for its combination of luxury, style, and performance, is a high-performance variant of the BMW 4 Series. Since its debut, the M4 has captured the attention of automotive enthusiasts and luxury car buyers alike. The price of a BMW M4 can vary significantly depending on several factors including the model year, trim level, optional features, and the market in which it is being sold.
Base Price of a New BMW M4
The base price of a new BMW M4 typically starts around $71,800 for the 2023 model year. This entry-level price provides a powerful 3.0-liter twin-turbo inline-six engine, producing 473 horsepower and 406 lb-ft of torque. This setup ensures a 0-60 mph time of around 4.1 seconds. This starting price includes a variety of standard features such as adaptive LED headlights, a 12.3-inch digital instrument cluster, and a 14.9-inch infotainment display with BMW’s iDrive 8 operating system.
BMW M4 Competition
For those seeking even more performance, the BMW M4 Competition, which starts at approximately $74,700, offers enhanced power and features. The M4 Competition boasts the same 3.0-liter twin-turbo inline-six engine, but it is tuned to deliver 503 horsepower and 479 lb-ft of torque, dropping its 0-60 mph time to a blistering 3.8 seconds. This model includes additional performance upgrades such as a sport-tuned suspension, larger brakes, and an optional all-wheel-drive system known as xDrive.
Customization and Optional Features
BMW offers a plethora of customization options and packages for the M4, which can significantly affect the final price. Some of the notable packages and options include:
- Executive Package: This package, priced around $3,500, includes features such as a head-up display, gesture control, wireless charging, and a heated steering wheel.
- M Driver’s Package: For an additional $2,500, this package increases the top speed of the M4 to 180 mph and includes a one-day high-performance driving class at a BMW Performance Center.
- Carbon Fiber Package: At around $4,700, this package adds carbon fiber trim to the interior and exterior, providing a sportier look and reducing weight.
- Individual Paint Options: BMW offers a range of unique paint colors that can add $1,950 to $5,000 to the price, depending on the color chosen.
- Track Package: For those looking to take their M4 to the track, this package includes carbon-ceramic brakes, a more aggressive suspension setup, and lightweight wheels, costing approximately $8,150.
Used BMW M4 Prices
The price of a used BMW M4 can vary widely based on its model year, mileage, condition, and optional features. Generally, a used M4 from the previous generation (2014-2020) can range from $40,000 to $60,000. Older models with higher mileage tend to be on the lower end of this spectrum, while newer, low-mileage examples or those with desirable options and packages can command higher prices.
Certified Pre-Owned (CPO) BMW M4
Purchasing a Certified Pre-Owned (CPO) BMW M4 can be a great way to get a relatively new vehicle with the added assurance of a manufacturer-backed warranty. CPO vehicles typically undergo a rigorous inspection process and are reconditioned to meet BMW’s high standards. Prices for CPO M4s are generally higher than non-CPO used models but offer additional peace of mind. Expect to pay between $50,000 and $70,000 for a CPO BMW M4, depending on the specific vehicle and its features.
Financing and Leasing Options
BMW provides a variety of financing and leasing options to make owning an M4 more accessible. Financing rates and terms can vary based on credit scores, down payment amounts, and loan durations. BMW Financial Services often offers promotional financing rates, such as 0.9% APR for qualified buyers. Leasing an M4 is another popular option, with monthly payments typically ranging from $800 to $1,200, depending on the lease terms and the vehicle’s configuration.
Maintenance and Ownership Costs
While the initial purchase price of a BMW M4 is a significant factor, potential buyers should also consider ongoing maintenance and ownership costs. The M4 is a high-performance vehicle, and as such, it requires more frequent and specialized maintenance compared to standard models. Routine maintenance, such as oil changes, brake pad replacements, and tire rotations, can be more expensive, especially if performed at a BMW dealership. Additionally, high-performance tires and brakes tend to wear out more quickly and are costlier to replace.
Depreciation and Resale Value
Depreciation is another important consideration when purchasing a BMW M4. Like most luxury vehicles, the M4 experiences significant depreciation during the first few years of ownership. However, the M4’s strong performance credentials and brand reputation help it retain value better than many competitors. After three years, an M4 typically retains around 55-60% of its original value. This makes it a more attractive option for those considering a used or CPO purchase, as much of the initial depreciation will have already occurred.
Market Variations and Regional Differences
The price of a BMW M4 can also vary based on regional factors and market conditions. In some areas, demand for luxury and performance vehicles may be higher, driving up prices. Conversely, in regions where such vehicles are less popular, prices may be more competitive. Additionally, currency exchange rates and import taxes can affect the price of the M4 in international markets. For example, the M4 may be more expensive in countries with high import duties or luxury taxes.
Understanding the cost of a BMW M4 involves considering a multitude of factors including the base price, available trims, optional features, and the market for both new and used models. As you navigate these considerations, you will find that the BMW M4 offers a compelling blend of performance, luxury, and style that justifies its price range. The value of this iconic vehicle truly comes to life when you delve into the details, allowing you to appreciate the craftsmanship and engineering that define the BMW M4.
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