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2023 BMW 3 Series M340i xDrive

Used Car - 13 940 km - Automatic - Petrol - The Auto Shed, Centurion

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You're getting a Bad deal! This car is priced 20.4% higher compared to other cars

Asking Price

R 1 199 900

This car is priced 20.4% higher than the average retail value of this make and model.

Average Retail Value

R 996,720.00

The average price of all cars listed of the same brand and model.

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2023 BMW 3 Series M340i xDrive Price Comparison

The average price of similar cars is R 996,720.00. The price of this car is R 1,199,900.00. This car is priced 20.4% higher than other similar cars.

Cars used in the price comparison:

Understanding the Price vs. Kilometers Done Scatter Plot

This chart helps you see how the price of cars compares to how much they’ve been driven.

  • Each Dot: Represents a car similar to the one you’re looking at.

    • Horizontal Line (X-axis): Shows the number of kilometers the car has been driven.
    • Vertical Line (Y-axis): Shows the price of the car.

  • Red Triangle: Highlights the car you’re currently viewing.

What This Means for You:

  • Lower Left Area: Cars that are cheaper and have been driven less.
  • Middle Area: Cars that have a typical balance between price and kilometers driven.
  • Upper Right Area: Cars that are more expensive and have been driven more.

Red Triangle Placement:

  • If the red triangle is towards the lower left: Your car is a great deal—priced lower and driven fewer kilometers than most similar cars.
  • If the red triangle is in the middle: Your car is priced and driven similarly to other cars.
  • If the red triangle is towards the upper right: Your car is priced higher and has been driven more than most similar cars.

This visualization helps you quickly understand how your car stacks up in terms of price and usage, making it easier to make informed decisions.

Understanding the Price Distribution Histogram

This chart shows how the prices of cars similar to the one you’re viewing are spread out.

  • Each Bar: Represents a range of prices (e.g., R 4,900,000 – R 5,000,000) and how many cars fall into that range.
  • Red Highlighted Bar: Indicates the price range of the current car you’re looking at.

What This Means for You:

  • Red Bar on the Left: Your car is priced lower than most similar cars.
  • Red Bar in the Middle: Your car is priced similarly to other cars.
  • Red Bar on the Right: Your car is priced higher than most similar cars.

This helps you quickly see where your car stands in the market and make informed decisions.

More 2023 BMW 3 Series M340i xDrive Details

Performance Specs

  • Engine: 3.0-liter BMW M TwinPower Turbo inline 6-cylinder
  • Power Output: 285 kW (382 hp)
  • Transmission: 8-speed Sport Automatic transmission with automatic Sport and Manual shift modes
  • 0-100 km/h Time: Approximately 4.4 seconds
  • Drivetrain: xDrive all-wheel-drive system
  • Top Speed: Electronically limited to 250 km/h

Ownership Costs & Maintenance

  • Purchase Price: Approximately ZAR 1,200,000 depending on specifications and options
  • Maintenance: BMW offers a 5-year/100,000 km Motorplan which covers most service and maintenance costs
  • Insurance Cost: Typically ranges from ZAR 20,000 to ZAR 30,000 per year, depending on the insurer and coverage level
  • Fuel Efficiency: Combined fuel consumption of about 7.7 liters per 100 km
  • Depreciation: High-performance luxury cars like the M340i tend to depreciate faster than average vehicles, however, BMW retains value relatively well in South Africa

Car Comparisons

  • Mercedes-Benz C-Class AMG C43: Similar power and luxury level, slightly higher in cost
  • Audi S4: Comparable performance, typically lower price but less brand prestige in SA
  • Volvo S60 Polestar: Less performance-oriented, focuses more on safety and comfort, lower price

Market Insight

  • The BMW 3 Series is highly popular in South Africa for its blend of luxury, performance, and prestige.
  • BMW holds strong resale value compared to other premium brands due to brand loyalty and a well-established dealership network.
  • The M340i model caters to a niche segment that prefers sports-like performance in a sedan, making it a less common but highly sought-after model.
  • Recent economic fluctuations can affect luxury car sales, but BMW maintains steady interest through strong marketing and aftersales service.

Finance Calculator





Monthly Payments: R 21 964,25

Total Interest: R 501 515,90

Total Payment: R 1 581 425,90

* Please note that these calculations are only estimates and must be confirmed with your finance provider.

Frequently Asked Questions

How do you calculate the value of the cars listed?

We use an algorithm that analyzes various data points, including market trends, mileage, car condition, and historical prices for similar models. This helps us determine a fair market value and compare it to the listed price

The charts compare the car’s current price with average prices for similar models. You can see trends for different factors like the car’s age, mileage, and condition. This visual tool helps you understand whether the listing price is above or below the market average.

The price is influenced by the car’s make, model, year, mileage, condition, and location. Additionally, supply and demand in the used car market can cause price fluctuations. Please note that we don’t set the price, but the seller does.

Our pricing data is updated daily to ensure accuracy. We continuously track listings and sales across multiple platforms to keep our data current.

We provide a comparison between the car’s listing price and its market value based on similar models. If the listing price is below the market value, it may indicate a good deal. We also highlight the price difference on the page combined with a label Good, Bad, or Fair.

The mileage data is provided by the seller. We recommend verifying the mileage during the inspection and checking the car’s service history for any inconsistencies.

We don’t directly offer financing, but we provide links to trusted third-party partners that can assist with financing options tailored to your needs.

If you have any concerns about a specific car listing, such as suspicious pricing or inaccurate information, you can report it to our team, and we will investigate further.

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