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2023 BMW 3 Series price and specs

The updated 2023 BMW 3 Series sedan and wagon range is set to go on sale locally from October with a number of changes inside and out, matched by price hikes of up to $10,100.

The entry-level 320i sedan now costs $5400 more than the 2022 model at $78,900 before on-road costs, which is exactly the same price as its closest rival, the Mercedes-Benz C200.

The volume-selling BMW 330i sedan and Touring are up by $10,100 over the 2022 model, whereas the 330e plug-in hybrid (PHEV) is up $7100.

The range-topping (M3 aside) BMW M340i xDrive model is a different matter: previously BMW offered the M340i xDrive Pure and the better-equipped M340i xDrive, whereas now it just offers the one variant.

At $104,900 before on-road costs, the latest M340i xDrive is $1300 more than the old Pure grade, and $8700 cheaper than the full MY22 M340i xDrive.

On the outside of the updated BMW 3 Series there’s a restyled front apron and new intakes, as well as different LED headlights and a tweaked kidney-shaped front grille. There are new exhaust pipes too.

Inside is a standard BMW Curved Display, comprising a 12.3-inch digital instrument cluster and 14.9-inch touchscreen infotainment system in a single housing, running the latest BMW Operating System 8 software with a greater suit of voice commands.

BMW has also fitted a new-look gear selector, and all grades bar the base 320i get a seat upgrade.

MORE: BMW 3 Series prices increased by up to $10,000 with update


  • 2023 BMW 320i: $78,900
  • 2023 BMW 330i: $93,400
  • 2023 BMW 330i Touring: $94,400
  • 2023 BMW 330e: $97,400
  • 2023 M340i xDrive: $104,990

All prices are before on-road costs.


The BMW 320i is powered by a 2.0-litre turbocharged four-cylinder engine producing 135kW of power and 300Nm of torque.

The 330i also uses a 2.0-litre turbocharged four-cylinder, albeit with 190kW and 400Nm.

The 330e uses a 2.0-litre turbocharged four-cylinder engine mated to an electric motor for a plug-in hybrid (PHEV) system with a total system output of 215kW and 420Nm.

The M340i xDrive uses a 3.0-litre turbocharged inline six-cylinder engine producing 285kW and 500Nm. It’s all-wheel drive, unlike the rest of the range which are rear-wheel drive.

An eight-speed ZF torque-converter automatic transmission is standard across the range.


The BMW 320i uses 6.3L/100km on the combined cycle, while the 330i sedan and wagon use 6.4L/100km and 7.0L/100km, respectively.

The BMW 330e uses 2.1L/100km and offers a 57km range claim, while the M340i xDrive uses 7.7L/100km.

The whole BMW 3 Series range requires 95 RON unleaded fuel, apart from the M340i xDrive which requires 98 RON.


BMW hasn’t detailed exterior and interior dimensions for the updated 3 Series as of yet, but it’s naturally expected to be about the same as the pre-update model.

The pre-update BMW 320i, 330i sedan, and 330e measure 4709mm long, 1827mm wide and 1435mm tall.

The pre-update 330i wagon is slightly taller at 1440mm, whereas the M340i xDrive is longer at 4713mm long and taller at 1440mm. The range has a 2851mm wheelbase.

With the rear seats up, total luggage capacity in the pre-update 3 Series is 480L in all 3 Series sedan models except the 330e, which has a boot capacity of 375L.

With the seats up on the pre-update 330i wagon there’s a total luggage capacity of 500L, expanding to 1510L with the second row folded.

Servicing and Warranty

The 2023 BMW 3 Series range is covered by a three-year, unlimited-kilometre warranty with three years of roadside assist.

BMW offers a five-year/80,000km Service Inclusive Basic warranty package priced at $1800.


The pre-update BMW 3 Series was crash tested by ANCAP in 2019 and received a five-star safety rating. This rating doesn’t apply to the M340i xDrive, which remains unrated by ANCAP and Euro NCAP.

Standard safety features across the 3 Series range includes:

  • Autonomous emergency braking (AEB) with pedestrian detection
  • Lane-departure warning
  • Blind-spot monitoring
  • Driver attention monitoring
  • Rear cross-traffic alert
  • Adaptive cruise control
  • Driving Assistant
  • Semi-autonomous parking assist
  • Reversing camera
  • Front and rear parking sensors
  • Eight airbags

The 330i and above get Parking Assistant Plus which includes a park view, panorama view and Remote 3D view functions.

Driving Assistant Professional, which includes Front cross-traffic alert and lane centring assist, is reserved exclusively for the M340i xDrive.

Standard Equipment

The 2023 BMW 320i comes standard with the following features:

  • 18-inch M alloy wheels
  • M Sport package
  • LED headlights
  • High-Beam Assistant
  • 14.9-inch touchscreen infotainment system (NEW)
  • 12.3-inch digital instrument cluster (NEW)
  • Head-up display
  • DAB+ digital radio
  • Satellite navigation
  • HiFi loudspeaker system
  • Connected Package Professional
  • Wireless charging tray
  • Keyless entry with push-button start
  • BMW Digital Key (NEW)
  • Sport seats
  • Alcantara/Sensatec upholstery
  • Electric seat adjustment
  • Ambient interior lighting
  • Galvanic embellishers

The 330i adds the following:

  • 19-inch M alloy wheels
  • Blue M Sport brakes
  • Adaptive M suspension
  • Electric tailgate (NEW)
  • Leather upholstery
  • M Sport seats (NEW)
  • Front lumbar support (NEW)
  • Sensatec instrument panel (NEW)

The 330e adds:

  • Mode 2 charging cable
  • Mode 3 charging cable
  • Acoustic protection for pedestrians

The M340i xDrive adds:

  • 19-inch alloy wheels with sport tyres
  • Tyre repair kit
  • Electric glass roof
  • Adaptive LED headlights
  • Harmon/Kardon premium surround sound system
  • Heated front seats

Optional Equipment

The Visibility package ($4800 on non-M sedan models and $5400 on the 330i Touring) adds the following:

  • Metallic paint
  • Sunroof
  • Panoramic sunroof (330i Touring only)
  • Adaptive LED headlights

The Comfort package ($3100 on 330i and 330e models, and $4000 on 320i) adds:

  • Electric tailgate (320i only)
  • Driver lumbar support (320i only)
  • Heated front seats
  • Heated steering wheel
  • Harman/Kardon surround sound system

The Executive package ($2400 for 320i, $1500 for 330i, $1000 for 330e, and $2000 for M340i xDrive) adds:

  • Remote engine start (not available on 330e)
  • Heated steering wheel (M340i xDrive only)
  • Tyre pressure monitoring
  • Acoustic glazing
  • Drive Recorder
  • Parking Assistant Plus (320i only)

The M Sport Pro package ($4000 for 320i; $2800 for 330i, 330e, and M340i xDrive; and $2400 for 330i Touring) adds:

  • M Sport brakes, blue or red (320i only)
  • M Lights Shadowline
  • M seat belts
  • Black M rear spoiler
  • M high-gloss Shadowline with extended contents

The M Technology package ($800 for M340i xDrive) adds:

  • Upgraded powertrain cooling system
  • 18-inch brake rotors

The following are some standalone optional extras:

  • M high-gloss Shadowline with extended contents: $500
  • Carbon Fibre M interior trim finishers: $1200

There are also a range of upholstery, interior trim and alloy wheels that can be optioned too.


The 2023 BMW 3 Series range is available in the following exterior paint colours

  • Alpine White
  • Black Sapphire metallic
  • Melbourne Red metallic
  • Mineral White metallic
  • M Portimao Blue metallic
  • M Brooklyn Grey metallic (NEW)
  • Skyscraper Grey metallic (NEW)
  • Dravit Grey BMW Individual metallic
  • Tanzanite Blue BMW Individual metallic

Metallic paint costs an additional $2000, while BMW Individual metallic paints cost an additional $3850 unless they’re bought in combination with the Visibility package, making them an additional $1850.

MORE: Everything BMW 3 Series

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