2024 BMW 3 Series M340i
MSRP Range: $57,600 Price range reflects Base MSRP for various trim levels, not including options or fees.
2024 BMW 3 Series M340i





+15
Good
7.8
out of 10
edmunds TESTED
The latest-generation BMW 3 Series is a solid luxury sport sedan. But some rivals offer more impressive design and technology. Unfortunately, "benchmark" is no longer one of the descriptors that come to mind for the 3 Series.
Pricing
Changing year or type will take you to a new page
Total MSRPThis price includes a $995 destination fee charged by the manufacturer. | $58,595 |
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Edmunds suggests you pay | $55,643 |
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2024 BMW 3 Series Review

byChristian Wardlaw
Correspondent
Christian Wardlaw has worked in the automotive industry since 1994. He has written nearly 10,000 car-related articles and tested and reviewed more than 2,000 vehicles over the course of his career. Chris is a correspondent at Edmunds and was the first editor-in-chief of Edmunds.com in the 1990s. He has also contributed to Autotrader, CarGurus, J.D. Power, Kelley Blue Book, NADAguides, New York Daily News Autos and WardsAuto. His mom claims that his first word was “car,” and Chris believes that Miata is always the answer.
Pros
- Polished handling
- Tastefully modern interior with plenty of room
- Powerful and fuel-efficient engines
Cons
- Ride quality can be a little too firm at times
- Most of the 3 Series' advanced driver assist features aren't standard
What's new
- No major changes expected after last year's significant updates
- Part of the seventh 3 Series generation introduced for 2019
Overview
There was a time when choosing a BMW 3 Series over its primary rivals in the compact luxury car segment was an easy decision, especially if you enjoy the act of driving. Today, the 3 Series still adheres to the qualities that made it popular in the first place and remains a rewarding choice for enthusiasts, but it's no longer the only game in town. In addition, many alternatives to this BMW offer appealing traits unavailable in a 3 Series, like an electric drive system, a wagon body style, and more value for the money.
Cost to DriveCost to drive estimates for the 2024 BMW 3 Series M340i 4dr Sedan (3.0L 6cyl Turbo gas/electric mild hybrid 8A) and comparison vehicles are based on 15,000 miles per year (with a mix of 55% city and 45% highway driving) and energy estimates of $3.92 per gallon for premium unleaded in Virginia.
Monthly estimates based on costs in Virginia
$184/mo for 3 Series M340i
3 Series M340i
vs
$170/mo
Avg. Midsize Car
Last year, the seventh-generation 3 Series received its midlife updates right on schedule, and a redesign is rumored to arrive for the 2026 model year. So, expect few, if any, changes to the 2024 BMW 3 Series. It continues with turbocharged four- and six-cylinder gas engines and a turbocharged plug-in hybrid powertrain, each paired with rear-wheel drive or BMW's xDrive all-wheel-drive system. The high-performance M3 remains in the lineup but is reviewed separately.
If we sound lukewarm about the 2024 3 Series, know that we still enjoy getting behind its steering wheel, firing up its engine, and seeking out fun roads to explore. But this BMW faces more capable competitors than ever, which dilutes its appeal. For additional perspective on the 3 Series check out the Edmunds testing team's full Expert Rating of the car.
Edmunds Expert Rating
good
7.8/10
Edmunds Rating
Our VerdictThe Edmunds Vehicle Testing Team evaluates a fresh batch of vehicles every week, pairing objective assessments at our test track with real-world driving on city streets, freeways and winding roads. The data we gather results in our Expert Ratings. They’re based on 30-plus scores that cover every aspect of the automotive experience.
The latest-generation BMW 3 Series is a solid luxury sport sedan. But some rivals offer more impressive design and technology. Unfortunately, "benchmark" is no longer one of the descriptors that come to mind for the 3 Series.
Rated for you by America's best test team.
Performance
8.0/10
How does the 3 Series drive? We tested an all-wheel-drive 330i. Its turbocharged four-cylinder is strong and responsive; you don't need to rev it much before it delivers the goods. Our test car reached 60 mph in 5.6 seconds in our testing, which is a quick time for a small luxury sedan with a base engine. The transmission shifts quickly and complements the surprisingly flexible power of the engine.
The brakes in the 330i are solid all around and one of the highlights of this car. The pedal is smooth and easy to control in casual driving but strong, stable and confident in hard use. We also like the car's agility when going around turns. With the M Sport package, the 330i's body motions are well controlled. Experienced drivers might find themselves wanting a little more playfulness, but nonetheless this luxury sedan is easy to drive quickly.
The brakes in the 330i are solid all around and one of the highlights of this car. The pedal is smooth and easy to control in casual driving but strong, stable and confident in hard use. We also like the car's agility when going around turns. With the M Sport package, the 330i's body motions are well controlled. Experienced drivers might find themselves wanting a little more playfulness, but nonetheless this luxury sedan is easy to drive quickly.
Comfort
7.0/10
How comfortable is the 3 Series? Our test 330i suffered from an overly firm ride. We suspect our test car's optional sport suspension (as part of the M Sport package) and possibly the rough-riding tires were the cause. If you're worried about comfort, we'd suggest getting a 3 Series without the M Sport package. We do like the 3 Series' quiet cabin at highway speeds. Plus, the front seats are supportive and have plenty of available adjustments.
Continue reading Edmunds Expert Rating below
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2024 BMW 3 Series M340i pricing
in Ashburn, VAEdmunds suggests you pay
Interior
8.0/10
How’s the interior? The driving position is superb, providing excellent sightlines and a just-right relationship between the driver, the steering wheel and the pedals. The controls are for the most part straightforward and easy to decipher, including no-brainer buttons for skipping tracks and handy virtual sliders for adjusting cabin temperature. You can control the central display screen either by touch or with a knob, and the latest iDrive software is both responsive and intuitive. On paper, the interior is about as spacious as other compact luxury car cabins, though the BMW's wide doors make it a bit easier to get in and out, especially in the rear.
Technology
8.0/10
How’s the tech? The 3 Series is available with all features we've come to expect from a modern luxury vehicle, but the fully digital "curved display" dashboard is a game-changer. We've previously found fault with various aspects of the 3 Series' iDrive infotainment system, even highlighting its complexity as a Con. That's not the case anymore. The massive central touchscreen looks great, and the interface is so intuitive that the traditional iDrive knob down by the shifter seems almost superfluous. If you'd rather let your phone take over that screen, Apple CarPlay performs flawlessly. The video-gamey digital instrument panel may rankle BMW purists with its lack of traditional circular gauges but, hey, it's a tech-first world and BMW knows it.
In terms of driver aids and active safety, BMW charges a modest fee if you want to add common features like adaptive cruise control and lane keeping assistance. We've found the adaptive cruise control system's braking to be a bit abrupt at times, but in general these features operate unobtrusively.
In terms of driver aids and active safety, BMW charges a modest fee if you want to add common features like adaptive cruise control and lane keeping assistance. We've found the adaptive cruise control system's braking to be a bit abrupt at times, but in general these features operate unobtrusively.
Storage
8.0/10
How’s the storage? The trunk is sizable, and the lid hinges are shrouded so they won't crush cargo when the lid comes down. The rear seatback is split 40/20/40, and the sections fold and lie nearly flat when down. Storage space for small items in the cabin is decent.
For family taxi duty, the 3 Series does a respectable job. The Isofix anchors for securing child safety seats are clearly marked and easily accessible under flip-up lids. There's also enough space to fit a larger rear-facing car seat behind all but the tallest drivers.
For family taxi duty, the 3 Series does a respectable job. The Isofix anchors for securing child safety seats are clearly marked and easily accessible under flip-up lids. There's also enough space to fit a larger rear-facing car seat behind all but the tallest drivers.
Fuel Economy
8.0/10
How’s the fuel economy? With a rating of 28 mpg in combined city/highway driving, the 330i xDrive is surprisingly efficient for the performance it delivers. (The rear-drive 330i is slightly more efficient, and the M340 is slightly less.) We averaged a respectable 31.3 mpg on our 115-mile evaluation route, which is above expectations. Other traffic-heavy tanks yielded mpg in the low 20s.
Value
7.5/10
Is the 3 Series a good value? The 3 Series isn't the priciest offering in the segment, but it's also far from the best value. You get a quality product for your dollar with solid performance to match and complimentary maintenance as a bonus. But if you're looking for maximum value, you're better off checking out some of the other segment offerings. Warranty coverage is typical for a luxury brand.
Wildcard
8.0/10
BMW can still make a capable small sedan. For most people, this 3 Series will meet expectations. But for people who love driving for fun, the 330i will likely disappoint a little. Certainly the M340i ups the excitement a little. As for design, the cabin has character, but there are some styling elements at the rear of the car that remind us of a Lexus. That's a first for a 3 Series and not necessarily a good thing.
Which 3 Series does Edmunds recommend?
BMW hasn't released official information on the 2024 3 Series as of this writing. We'll update our recommendation if anything changes, but based on last year's 3 Series, we recommend the 330e plug-in hybrid version. It doesn't cost much more than a base 330i, but it provides an estimated 22 miles of electric driving before switching to hybrid operation. Better yet, there is no penalty in terms of performance.
BMW 3 Series models
[Editor's note: The following unofficial information is based on last year's 3 Series. We expect the 2024 model will have a similar lineup and we'll update this section once we have complete information.] The BMW 3 Series sedan lineup includes the 330i, 330e and M340i. Each one has a slightly different mission. The 330i is the entry-level 3 Series while the 330e is a plug-in hybrid. The M340i is the sportiest and most powerful. Keep reading for our editors' curated breakdown of each trim's powertrain and standard and optional features.
330i
The base trim comes reasonably well equipped with:
- Turbocharged four-cylinder engine (255 horsepower, 294 lb-ft of torque)
- Eight-speed automatic transmission
- Rear-wheel drive or available all-wheel drive (BMW's xDrive)
- 18-inch wheels
- LED headlights
- Power-folding, heated side mirrors
- Rain-sensing windshield wipers
- Sunroof
- Three-zone automatic climate control
- Power-adjustable front sport seats
- Synthetic leather upholstery
Tech features include:
- Curved 12.3-inch driver information display and a 14.9-inch center display
- Cloud-based navigation system
- Wireless Apple CarPlay and Android Auto smartphone integration
- BMW connected services
- 10-speaker audio system
- Forward collision mitigation (warns you of an impending collision and applies the brakes in certain scenarios)
330e
The 330e includes all the standard features of the regular 330i but adds a plug-in hybrid powertrain with a turbocharged four-cylinder gasoline engine and an electric motor (combined 288 hp, 310 lb-ft). The EPA estimates it can drive about 22 miles on a fully charged battery.
M340i
The M340i provides a big increase in performance thanks to its larger engine:
- Turbocharged six-cylinder engine (382 hp, 369 lb-ft) with 48-volt mild hybrid system
- 18-inch wheels
- Aerodynamic kit
- More aggressive front bumper and unique grille
- Rear spoiler
- M Sport suspension
- Upgraded M Sport brakes with blue calipers
- M Sport differential (helps maximize available traction during hard acceleration)
- Keyless entry
BMW offers a variety of options and packages for the 3 Series. Depending on the model, key choices to look out for include:
- Convenience package (330i and 330e models)
- Keyless entry
- Lumbar support for driver's seat
- M Sport package (330i and 330e models)
- 19-inch wheels on performance or all-season run-flat tires
- M Sport suspension
- Aerodynamic body kit
- Dark (Extended Shadowline) exterior trim
- Rear spoiler
- More interior trim material choices
- M Sport steering wheel
- Premium package
- Power lumbar adjustment for driver's seat (330i and 330e)
- Heated front seats
- Heated steering wheel
- Head-up display
- Driving Assistance package
- Blind-spot warning (alerts you if a vehicle in the next lane over is in your blind spot)
- Lane departure warning (alerts you if the vehicle begins to drift out of its lane)
- Parking sensors
- Dynamic Handling package
- 19-inch wheels on performance or all-season run-flat tires
- M Sport brakes with blue or red calipers
- Adaptive M suspension
- Driving Assistance Professional package
- Adaptive cruise control (maintains a driver-set distance between the BMW and the car in front)
- Extended Traffic Jam Assistant (allows for hands-free operation in traffic and on certain highways)
- Active lane keeping assistance with side collision avoidance (steers the 3 Series back into its lane if it begins to drift over the lane marker and makes minor steering corrections to help keep the vehicle centered in its lane)
- Front cross-traffic warning
- Evasive steering assistance (enhances the forward collision mitigation system with steering-based collision avoidance)

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Consumer reviews
Read what other owners think about the 2024 BMW 3 Series.
5 star reviews: 81%
4 star reviews: 7%
3 star reviews: 3%
2 star reviews: 3%
1 star reviews: 6%
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2024 BMW 3 Series video
CLINT SIMONE: Today, we're going to do something that we really don't do all that often on the Edmunds channel. We are going to take a look at a concept car.
[MUSIC PLAYING]
This is the BMW Vision Neue Klasse. And it's going to tell us a lot about BMWs that are not that far into the future.
OK. So this is indeed a concept car. But let's park for a second, and talk about what Neue Klasse is. Now, that is BMW's very German word for their next generation of electric vehicle. This is an all new, all-electric architecture, and it is going to underpin a bunch of different models in the future, starting with probably something that looks something like this. Think small sedan. Think something a lot like a 3 series, if I had to guess. Then, they said, after that, they're going to follow it up with an all-electric crossover.
But this is 2025. So yes, while this looks very spaceship-y, and a bunch of this won't make production, the core elements of this will, starting with this all-electric architecture.
Now, this wouldn't be a BMW video if we didn't talk about the grill for at least a few seconds, but I think this time around it actually is good news. Again, this is a concept, so don't expect a production car to look exactly like this. But I was told that this is a design direction that they are taking. Which means we're probably getting away from giant vertical kidney grilles on a 3 series, and instead it'll look a lot more elongated, more horizontal, just like this.
And baked into it, we have these lighting elements, which just look awesome. We have these DRLs on the outside. But then, on the inside, we have these LEDs that pulse.
The other thing I want to mention is the logo on the car. That's something we don't always talk about, but this is actually etched into the bodywork. BMW said that they're going to be focusing on using less panels and less elements with their cars. So we could be seeing cars not too far away that actually have the logo etched in. Super fun.
What you're looking at is the main event. This is the next generation of BMW iDrive. It's still in concept form right now, but a lot of what you see here is going to be in BMW models as soon as two years from now. This could be iDrive 10 that we're looking at.
There's a center touchscreen here, which replaces the dual screen setup that we have with modern BMWs today. And ahead of me is a giant display that takes up the entirety of the front windshield. So I'm looking as a driver. I have all these different pieces of information in front of me on the left, all the way to over there on the passenger side.
Here, the center touchscreen, which is very Tesla Model 3-esque, if I might add, you take the apps-- two fingers here-- and you can send it to the display up there. So these are interactive. You have your main information here, which you can easily access as the driver or the passenger. But up there, there's just a world of possibilities.
A bunch of different automakers are going to be moving to this setup of taking the entire screen or the entire windshield and putting all the information there. And it's going to be up to everybody to change what information is accessible and why.
I need to get out of here now because this is a concept car that's worth multiple millions of dollars, and I don't want to be in here any longer than I have to.
[MUSIC PLAYING]
First Look: BMW Vision Neue Klasse Concept | Previewing an All-Electric BMW 3 Series
The BMW Vision Neue Klasse previews the next-generation all-electric BMW 3 Series, and — assuming the production version stays true to this concept — it's a massive change from the current model. But perhaps even more importantly, the Vision Neue Klasse introduces an all-new electric… platform to the BMW lineup that will underpin a multitude of EVs. Learn more about it with Edmunds' Clint Simone in the First Look video above!
2024 BMW 3 Series Features Specs
M340i
Total MSRP | $58,595 |
---|---|
Engine Type | Mild hybrid |
Combined MPG | 26 MPG |
Cost to Drive | $184/month |
Seating | 5 seats |
Cargo Capacity All Seats In Place | 16.9 cu.ft. |
Drivetrain | rear wheel drive |
Warranty | 4 years / 50,000 miles |
Compare the BMW 3 Series
BMW 3 Series vs. Audi A4
In our evaluations, the Audi A4 just edges out the BMW 3 Series in the small luxury sedan class. The BMW is more fun to drive, but the Audi is more comfortable, with a more appealing interior and a superior value equation. Plus, it comes with standard all-wheel drive, which costs extra on the BMW, and the A4 Allroad is an increasingly rare luxury wagon. Still, the A4's design and engineering are dated, and the car is nearing the end of its life cycle. Plus, it isn't available as a plug-in hybrid or in high-performance RS 4 specification.
BMW 3 Series vs. Mercedes-Benz C-Class
Our favorite small luxury sedan is the recently redesigned Mercedes-Benz C-Class. It is better to drive than the BMW 3 Series, and it feels more luxurious and technologically advanced when you're sitting behind the steering wheel. Unfortunately, we find it harder to get comfortable in the Mercedes. But if the Benz fits you better than it does us, there is plenty to like about the C-Class, especially now that it also comes in a sport-tuned AMG variant. You'll need to shop the BMW if you want a plug-in hybrid powertrain, though.
BMW 3 Series vs. Tesla Model 3
The Tesla Model 3 is the best-selling vehicle in this class, a remarkable feat considering it is purely electric. However, if you have (or plan to install) a home EV charging station, and lean on the nationwide Tesla Supercharger network for road trips, this might not be a deterrent. In addition, if you qualify for the EV federal tax credit and any state incentives, a Tesla Model 3 could be substantially less expensive than the BMW. Learn what it's like to live with this electric car by reading Edmunds' long-term road test of the Tesla Model 3.

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Safety
Our experts’ favorite 3 Series safety features:
- BMW Assist eCall
- Includes an SOS emergency call button and automatic collision notification service to contact help and dispatch responders to the car's location.
- Active Driving Assistant
- Equips the 3 Series with collision warning and prevention systems.
- Active Driving Assistant Pro
- Adds numerous semi-automated driver assist and collision avoidance systems to the M340i.
NHTSA Overall Rating 5 out of 5 stars
The National Highway Transportation Safety Administration offers independent analysis.
Frontal Barrier Crash Rating | Rating |
---|---|
Overall | 5 / 5 |
Driver | 5 / 5 |
Passenger | 5 / 5 |
Side Crash Rating | Rating |
Overall | 5 / 5 |
Side Barrier Rating | Rating |
Overall | 5 / 5 |
Driver | 5 / 5 |
Passenger | 5 / 5 |
Combined Side Barrier & Pole Ratings | Rating |
Front Seat | 5 / 5 |
Back Seat | 5 / 5 |
Rollover | Rating |
Rollover | 5 / 5 |
Dynamic Test Result | No Tip |
Risk Of Rollover | 9.2% |
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
Small Overlap Front Driver-Side Test | Good |
---|---|
Small Overlap Front Passenger-Side Test | Good |
Moderate Overlap Front Test – Original | Good |
Moderate Overlap Front Test – Updated | Not Tested |
Side Impact Test – Original | Good |
Side Impact Test – Updated | Not Tested |
Roof Strength Test | Good |
Rear Crash Protection / Head Restraint | Good |
FAQ
Is the BMW 3 Series a good car?
The Edmunds experts tested the 2024 3 Series both on the road and at the track, giving it a 7.8 out of 10. What about cargo capacity? When you're thinking about carrying stuff in your new car, keep in mind that the 3 Series has 16.9 cubic feet of trunk space. And then there's safety and reliability. Edmunds has all the latest NHTSA and IIHS crash-test scores, plus industry-leading expert and consumer reviews to help you understand what it's like to own and maintain a BMW 3 Series. Learn more
What's new in the 2024 BMW 3 Series?
According to Edmunds’ car experts, here’s what’s new for the 2024 BMW 3 Series:
- No major changes expected after last year's significant updates
- Part of the seventh 3 Series generation introduced for 2019
Is the BMW 3 Series reliable?
To determine whether the BMW 3 Series is reliable, read Edmunds' authentic consumer reviews, which come from real owners and reveal what it's like to live with the 3 Series. Look for specific complaints that keep popping up in the reviews, and be sure to compare the 3 Series's average consumer rating to that of competing vehicles. Learn more
Is the 2024 BMW 3 Series a good car?
There's a lot to consider if you're wondering whether the 2024 BMW 3 Series is a good car. Edmunds' expert testing team reviewed the 2024 3 Series and gave it a 7.8 out of 10. Safety scores, fuel economy, cargo capacity and feature availability should all be factors in determining whether the 2024 3 Series is a good car for you. Learn more
How much should I pay for a 2024 BMW 3 Series?
The least-expensive 2024 BMW 3 Series is the 2024 BMW 3 Series M340i 4dr Sedan (3.0L 6cyl Turbo gas/electric mild hybrid 8A). Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $57,600.
Other versions include:
- M340i 4dr Sedan (3.0L 6cyl Turbo gas/electric mild hybrid 8A) which starts at $57,600
What are the different models of BMW 3 Series?
If you're interested in the BMW 3 Series, the next question is, which 3 Series model is right for you? 3 Series variants include M340i 4dr Sedan (3.0L 6cyl Turbo gas/electric mild hybrid 8A). For a full list of 3 Series models, check out Edmunds’ Features & Specs page. Learn more
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