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BMW M3 2023 for sale

2 vehicles available

Model & Year Overview

BMW M3 2023

The 2023 M3 receives iDrive 8 โ€” an upgrade from the iDrive 7 cars that substantively improves daily livability through a 14.9-inch infotainment display and fully digital 12.3-inch instrument cluster. The S58 powertrain continues at 473 horsepower (base) and 503 horsepower (Competition), with the Competition xDrive pairing remaining the Canadian market's preferred configuration. BMW's M Drive Professional mode management now stores three independent vehicle profiles, allowing seamless transition between commuter-configured and performance-configured operation. The M3's Touring Estate variant became available in Canada for 2023 โ€” estate body, M3 performance, practical cargo capacity. For buyers who require the additional luggage volume without sacrificing any mechanical content, the Touring represents a unique proposition. Rear tyre wear on Competition xDrive models driven in Sport mode is the primary consumable to budget. The S58's timing chain tensioner should be inspected on cars approaching 80,000 km.

Average Price

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From

$95ย 683

Listings

2

Frequently Asked Questions

01

What versions of the 2023 BMW M3 are available in Canada and what are their performance figures?

The 2023 BMW M3 is offered in Canada in two body styles, both available as Competition xDrive variants. The M3 Competition xDrive Sedan is powered by the S58 3.0-litre twin-turbo inline-6 producing 503 hp and 479 lb-ft of torque, reaching 100 km/h in 3.5 seconds. The M3 Touring Competition xDrive โ€” a global first for BMW โ€” shares the same 503-hp engine with a 500-litre cargo hold (1,510 litres with the rear seat folded) and all four doors of a wagon. Both feature M xDrive all-wheel drive with a selectable rear-wheel-drive mode for track use. Top speed is electronically limited to 250 km/h as standard, unlockable to 290 km/h with the M Driver's Package. The 8-speed M Steptronic gearbox with aluminium paddle shifters is standard on both.

02

What is the price of the 2023 BMW M3 in Canada and what options are popular?

The 2023 BMW M3 Competition xDrive Sedan starts at approximately $98,500 CAD in Canada. The M3 Touring Competition xDrive lists at around $107,000 CAD. Canada's federal luxury surtax (10% on the portion above $100,000) applies to the Touring from its base price. Popular options in Canada include the Carbon Exterior package (carbon-fibre roof, rear diffuser, approximately $6,500), M Carbon seats with Merino leather (approximately $5,200), the M Driver's Package (290 km/h top speed unlock, approximately $1,400), and Individual BMW paint (from approximately $5,000). A fully-specified M3 Touring can exceed $130,000 CAD, bringing the luxury surtax into play. BMW Ultimate Care covers 3 years or 48,000 km of complimentary maintenance.

03

Is the 2023 BMW M3 Touring a practical everyday vehicle for Canadian families?

The 2023 BMW M3 Touring is arguably the most versatile vehicle in its class available in Canada. It combines a 3.5-second 0-100 km/h sprint with 500 litres of cargo space (expandable to 1,510 litres) and four genuine adult seats. M xDrive all-wheel drive with a selectable rear-wheel mode provides outstanding winter traction on Quebec's highways and back roads when fitted with proper winter tires. On the 401 in Efficiency mode, the M3 Touring returns approximately 11 to 13 L/100 km at 120 km/h โ€” reasonable for its output. The M adaptive suspension handles Quebec road imperfections acceptably in Comfort mode. In direct comparison, an Audi RS4 Avant costs around $95,000 CAD for 450 hp while a Porsche Panamera Sport Turismo offers similar performance but at well over $150,000 CAD โ€” making the M3 Touring a formidable value proposition.