The 2023 BMW M3 is a compact sedan offered in 4 trims, starting off at a base MSRP of $70,100. For that price, it mainly competes with the Mercedes-Benz AMG C 63, the Alfa Romeo Giulia Quadrifoglio, and the Audi RS 5 Sportsback. Between 4 trims, the M3 offers a standalone powertrain with different outputs depending on the trim selection. The base 3.0L Twin-Turbo Inline-6 engine and 6-Speed Manual transmission together are capable of making 473 horsepower and 406 lb-ft of torque. If more power is required, the same engine with 8-speed automatic transmission on the Competition trims produces 503 horsepower. 

The M3 reaches 60 MPH from zero in 4.1 seconds on its base engine, which gets pumped up to 3.8 seconds on the M3 Competition and 3.4 on the M3 Competition xDrive. Depending on the drivetrain and powertrain output, the M3 can manage a combined fuel economy between 18 and 19 MPG.