2023 BMW 2 Series M240i
View this vehicle at carmax riverside →Vehicle Details
M240i
Riverside, CA 92504
Is this 2023 BMW 2 Series M240i a good deal?
OAV verdict: Fair Price
Why: Listed at $42,998, comparable market range $43,080–$48,545, based on 12 comparable listings. Listed 69 days.
Market price position
$42,998 · near the low end of the range
- Comparable range
- $43,080 – $48,545
- vs. market low
- near the low end of the range
- Comparable vehicles
- 12
Market Retail Price (MRP™)
$45,813This vehicle $42,998 · $2,815 (6%) below MRP
MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.
True Retail Value (TRV™)
$47,427This vehicle $42,998 · $4,429 (9%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-29) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 15–52 days.
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.
Carmax Riverside
Riverside, CA
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OAV will route your inquiry to Carmax Riverside for current availability of this 2023 BMW 2 Series M240i and an out-the-door price quote (taxes, fees, addons included).
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
About This 2023 BMW 2 Series
Listing updated: Aug 29, 2026Listed by an independent dealer in Riverside, CA · On lot for 69 days · VIN verifiable at NHTSA
This used 2023 BMW 2 Series M240i is listed at $42,998 by carmax riverside in Riverside, CA 92504. It has 29,026 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Gray. It features a RWD drivetrain with a 3.0L I6 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the local market for comparable vehicles. Based on 12 comparable listings matched to this vehicle, the estimated market range is $43,080 to $48,545. These comparisons match year, make, model, and market, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.
This vehicle has been on the lot for 69 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).
Market context
This listing is part of OAV's broader Riverside, CA coupes market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2023 BMW 2 Series against similar vehicles currently available in the local and regional market — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the typical range for comparable vehicles.
- Fair Price — priced within the expected range for comparable vehicles.
- Overpriced — priced above the typical range for comparable vehicles.
Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Riverside, CA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3MW43CM07P8D18098 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.
Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.
2023 BMW 2 Series Market in CA
CA Market Listings
192
Average Price
$32,810
Price Range
$21,028–$51,922
Avg Days on Lot
64
Based on all 192 2021-2025 BMW 2 Series listings in the CA market, the average asking price is $32,810. This listing at $42,998 is $10,188 above the broader CA average (31% above the CA average). This is a wider, all-trim comparison across CA; OAV's price verdict above uses the closer comparable set. Comparable prices in CA range from $21,028 to $51,922. Similar vehicles spend an average of 64 days on dealer lots in this market.
Similar BMW 2 Series Listings in CA
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: M240i — compare trims below)
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2021 BMW 2 Series
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2021 BMW 2 Series
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