2024 BMW 3 Series M340i
View this vehicle at mercedes-benz of south austin →Vehicle Details
M340i
Austin, TX 78748
Is this 2024 BMW 3 Series M340i a good deal?
OAV verdict: Fair Price
Why: Listed at $50,196, comparable market range $50,140–$59,430, based on 10 comparable listings. Listed 7 days.
Market price position
$50,196 · within market range
- Comparable range
- $50,140 – $59,430
- vs. market
- $56 above low · $9,234 below high
- Comparable vehicles
- 10
Market Retail Price (MRP™)
$54,785This vehicle $50,196 · $4,589 (8%) 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™)
$54,382This vehicle $50,196 · $4,186 (8%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-14) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 10–33 days.
What does Demand-Verified mean?
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.
Mercedes-Benz Of South Austin
Austin, TX
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Request availability and out-the-door price
OAV will route your inquiry to Mercedes-Benz Of South Austin for current availability of this 2024 BMW 3 Series M340i 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 2024 BMW 3 Series
Listing updated: Sep 14, 2026Listed by a franchise dealer in Austin, TX · On lot for 7 days · VIN verifiable at NHTSA
This used 2024 BMW 3 Series M340i is listed at $50,196 by mercedes-benz of south austin in Austin, TX 78748. It has 29,383 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 supported comparable range. Based on 10 comparable listings matched to this vehicle, the estimated market range is $50,140 to $59,430. These comparisons match year, make, and model, using trim where the data supports it. OAV does not adjust comparable prices for mileage — every price shown is the real advertised price. On used vehicles, mileage can still cause OAV to withhold a verdict — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than call it a deal it can't support.
This vehicle has been on the lot for 7 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 14, 2026. The patented comparable band is the input; ptm-verdict-v1 is the versioned OAV rule set that turns it into this verdict.
Market context
This listing is part of OAV's broader Austin, TX sedans 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 2024 BMW 3 Series against similar vehicles currently available for sale — same make, model, and year range, using trim where the data supports it. OAV does not adjust comparable prices for mileage; on used vehicles it withholds a verdict when mileage would distort the comparison — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than overstate a deal. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- 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 a franchise dealer in Austin, TX, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3MW49FS06R8E07053 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.
2024 BMW 3 Series Market in TX
TX Market Listings
1,646
Average Price
$53,049
Price Range
$34,472–$61,231
Avg Days on Lot
121
Based on all 1,646 2022-2026 BMW 3 Series listings in the TX market, the average asking price is $53,049. This listing at $50,196 is $2,853 below the broader TX average (5% below the TX average). This is a wider, all-trim comparison across TX; OAV's price verdict above uses the closer comparable set. Comparable prices in TX range from $34,472 to $61,231. Similar vehicles spend an average of 121 days on dealer lots in this market.
Similar BMW 3 Series Listings in TX
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: M340i — compare trims below)
This is a broad, statewide same-model set (any trim, mileage, or title) — not the qualified comparable cohort behind the verdict above; lower prices here typically reflect a different trim, higher mileage, or a branded title.
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