Is the $53,998 price on this 2023 BMW 3 Series a good deal?

OAV rates this as a Great Deal because the asking price of $53,998 is below the typical market range for this vehicle.

What is the average price for a 2023 BMW 3 Series in MN?

Based on 69 comparable listings in MN, the average asking price for a 2021-2025 BMW 3 Series is $39,645, with prices ranging from $21,000 to $59,999.

How long does a 2023 BMW 3 Series typically stay on dealer lots?

Comparable BMW 3 Series listings in MN spend an average of 105 days on dealer lots.

Where is this 2023 BMW 3 Series located?

This vehicle is listed in Burnsville, MN 55337. VIN: 3MW49FS03P8D21244. Mileage: 7,659 miles.

What is the fair market price range for this 2023 BMW 3 Series?

OAV's Price-to-Market analysis estimates the fair market range is $54,995 to $58,790, based on 5 comparable vehicles.

Vehicle Details

VIN3MW49FS03P8D21244

TrimM340i

Exterior ColorRed

DrivetrainRWD

Engine3.0L I6

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot165

Days on Market164

2023 BMW 3 Series

M340i

Unscored

$53,9987,659 miles

Burnsville, MN 55337

Market price position

Lowest comparable ($)

54,995

Highest comparable ($)

58,790

This vehicle's price ($)

53,998

$53,998 · $997 below market low

$54,995comparable$58,790

Regional range: $54,995 – $58,790
vs. market low: — $997 (2% below)
Comparable vehicles: 5

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 13–46 days.

Verify before inquiring

This listing has been on market about 3.6x longer than typical for similar vehicles (cohort sells in 13–46 days; this one is at 165). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$54,995 – $58,790

Dealer Info

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Burnsville, MN

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About This 2023 BMW 3 Series

Listing updated: May 2, 2026

Listed by a franchise dealer in Burnsville, MN · On lot for 165 days · VIN verifiable at NHTSA

This used 2023 BMW 3 Series M340i is listed at $53,998 by a franchise dealer in Burnsville, MN 55337. It has 7,659 miles on the odometer. The exterior color is Red. It features a RWD drivetrain with a 3.0L I6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 5 similar vehicles in the Burnsville market, the estimated market range is $54,995 to $58,790.

This vehicle has been on the lot for 165 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2023 BMW 3 Series against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. 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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Burnsville, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3MW49FS03P8D21244 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 BMW 3 Series Market in MN

Comparable Vehicles

Average Price

$39,645

Price Range

$21,000–$59,999

Avg Days on Lot

105

Based on 69 comparable 2021-2025 BMW 3 Series listings in MN, the average asking price is $39,645. This listing at $53,998 is $14,353 above average (36% above market). Comparable prices in MN range from $21,000 to $59,999. Similar vehicles spend an average of 105 days on dealer lots in this market.