2024 BMW M3 — Carivo review Representative photo — may show another model year
Sports

2024 BMW M3

Independent review & score by Carivo

Price Range $76,900–$96,395
Fuel Economy 20 MPG
Seating 5 passengers
Category Sports
Est. Annual Fuel $2,625/yr
The 2024 BMW M3 scores 7.8/10 at Carivo, ranking #121 of 316 sportss and an estimated $2,625/year fuel cost.

Key Specifications — 2024 BMW M3

Seating Capacity5 passengers
Body StyleSports
Base Price$76,900–$96,395

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2024 BMW M3

The 2024 BMW M3 is a sports that earns a Carivo score of 7.8/10 — rated Recommended. Its strongest dimension is Performance at 9.3/10, while Reliability at 6.6/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. At 6.6/10 for reliability, this sports trails its segment. That doesn't rule it out, but go in with eyes open on running costs. Safety lands at 8.1/10 — solid, though some rivals offer more advanced driver-assist features as standard. Confirm official results for your trim at nhtsa.gov/ratings.

Few rivals match it for performance: 9.3/10. Expect handling and power delivery that make this one of the more entertaining sportss to actually drive. On technology it rates 8.7/10: a modern, well-integrated suite that compares favorably with anything at this price point.

Priced from $76,900–$96,395, 20 MPG, seating 5, the BMW M3 sits in the luxury tier of the sports market. The value score of 6.9/10 is a red flag — comparable alternatives offer meaningfully more for the same outlay. Shop the segment before deciding. At 2 years old, it's recent enough that the core feature set holds up well against current competition.

Verdict: Nothing about the 2024 BMW M3 will scare a sensible buyer off. Keep an eye on value and reliability if those matter to you; otherwise it does what a good sports should — quietly and competently.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Sportss

The 2024 BMW M3 ranks #121 of 316 sportss in the Carivo database — better than 62% of the segment. Its 7.8/10 overall score is 0.1 points above the segment average of 7.7/10. Its $76,900 starting price is about 67% above the segment's median of $46,090.

Rankings are recalculated as new vehicles and scores are added. See the full Sports ranking →

5-Year Cost Snapshot — 2024 BMW M3

Fuel (75,000 miles)~$13,125 ($2,625/year at $3.50/gal)
InsuranceVaries widely by driver and state — always quote the exact trim before buying

We only print costs we can compute from sourced data (EPA fuel economy, NHTSA recalls). We don't estimate maintenance or depreciation — anyone who gives you one number for those is guessing.

Which M3 Year Should You Buy?

Smart-money pick: the 2021 BMW M3 scores 7.8/10 — within striking distance of the 2024's 7.8 — and starts roughly $7,000 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2026 8.0/10$79,207 Read review →
2025 8.0/10$79,207 Read review →
2024 (this review) 7.8/10$76,900
2023 7.9/10$74,593 Read review →
2022 7.7/10$72,286 Read review →
2021 7.8/10$69,979 Read review →
2020 7.6/10$67,672 Read review →
2019 7.5/10$65,365 Read review →
2018 7.6/10$63,058 Read review →
2017 7.5/10$60,751 Read review →
2016 7.5/10$58,444 Read review →
2015 7.4/10$56,137 Read review →

Pros & Cons — 2024 BMW M3

✓ What it does well

  • Strong safety ratings from NHTSA and independent testers
  • Engaging driving dynamics with class-leading power and handling
  • Best-in-class infotainment, driver assistance, and connectivity features

✗ Where it falls short

  • Reliability scores are mid-pack; some owners report higher-than-expected maintenance needs
  • Fuel economy at 20 MPG is low — running costs will add up quickly
  • Premium price bracket — make sure the score justifies the outlay vs. segment alternatives

Common Questions — 2024 BMW M3

Is the 2024 BMW M3 reliable?

We rate the 2024 BMW M3's reliability 6.6/10 — below the segment average, so budget for higher maintenance.

Is the 2024 BMW M3 worth buying?

It scores 7.8/10 overall, ranking #121 of 316 sportss in our database (better than 62% of the segment). A solid choice for most buyers — compare it against the segment leaders before deciding.

How much does the 2024 BMW M3 cost?

The 2024 BMW M3 starts at $76,900 and ranges up to $96,395 across trims (MSRP when new). At 20 MPG, expect roughly $2,625/year in fuel at 15,000 miles/year.

Which M3 years should you avoid?

Based on our year-by-year scoring, the weakest M3 years we've rated are 2015 (7.4/10), 2019 (7.5/10), 2017 (7.5/10) — each at least half a point below the nameplate's best (8.0/10). See the full year table above before deciding.

Owner Essentials — BMW M3

Practical extras owners actually buy. These are Amazon search links — as an Amazon Associate, Carivo earns from qualifying purchases at no cost to you.

All-weather floor mats → Dash cam → OBD2 scanner → Phone mount →

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