2023 BMW 2 Series M240i
Vehicle Details
M240i
Glencoe, IL 60022
Is this 2023 BMW 2 Series M240i a good deal?
OAV verdict: Fair Price
Why: Listed at $50,998, comparable market range $44,117–$52,999, based on 12 comparable listings. Listed 32 days.
Market price position
$50,998 · within market range
- Comparable range
- $44,117 – $52,999
- vs. market
- $6,881 above low · $2,001 below high
- Comparable vehicles
- 12
Market Retail Price (MRP™)
$48,558This vehicle $50,998 · $2,440 (5%) above 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™)
$50,654This vehicle $50,998 · $344 (1%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-23) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 7–37 days, and this listing is still within that typical selling window.
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.
Carmax Glencoe (Edens Expy)
Glencoe, IL
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Carmax Glencoe (Edens Expy) 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 23, 2026Listed by an independent dealer in Glencoe, IL · On lot for 32 days · VIN verifiable at NHTSA
This used 2023 BMW 2 Series M240i is listed at $50,998 by carmax glencoe (edens expy) in Glencoe, IL 60022. It has 4,648 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Blue. It features a 4WD 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 at market value. Based on 12 comparable listings matched to this vehicle, the estimated market range is $44,117 to $52,999. 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 32 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 Glencoe, IL coupes market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.
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 surface additional verification signals.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Glencoe, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3MW53CM06P8D25239 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 IL
IL Market Listings
94
Average Price
$33,200
Price Range
$17,956–$52,412
Avg Days on Lot
118
Based on all 94 2021-2025 BMW 2 Series listings in the IL market, the average asking price is $33,200. This listing at $50,998 is $17,798 above the broader IL average (54% above the IL average). This is a wider, all-trim comparison across IL; OAV's price verdict above uses the closer comparable set. Comparable prices in IL range from $17,956 to $52,412. Similar vehicles spend an average of 118 days on dealer lots in this market.
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8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: M240i — compare trims below)
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