Used 2023 BMW X1 for Sale nearWaterloo, ON

How much does the 2023 BMW X1 cost?

Prices have softened 14.29% compared to this time last year, making it a favourable time to shop this model year.

There are 244 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 BMW X1 a good car?

Yes — the 2023 BMW X1 earns a 5/5 user rating and a 7.8/10 expert rating. The model scores 9/10 across Performance and Form and function.

The 2023 X1 is described as an all-new, third-generation small luxury crossover that blends a zippy, fun driving character with added capability and plenty of cargo space. That makes it a strong fit if you want something that feels more engaging than many rivals while still being useful for everyday driving.

The main trade-offs are that some advanced safety features are not standard, and the features many shoppers are likely to want can push the price up significantly. Even so, 35.2% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 BMW X1 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The 2023 X1 is positioned as a refined evolution of the previous generation, with standard all-wheel drive, premium interior materials, and a driving character that is meant to feel fun and agile. Its powertrain and chassis updates also point to a vehicle that should feel well sorted in daily use.

The 2.0-litre engine gains power for 2023, and BMW says the Adaptive M Suspension and damping systems have been upgraded for better comfort and stability. The fuel economy rating is 9.6 L/100 km in the city, 7.0 L/100 km on the highway, and 8.4 L/100 km combined, with premium fuel recommended.

For used buyers, the main long-term ownership risk is that the desirable equipment you may want can add cost quickly, so a well-equipped example matters more than simply finding the lowest sticker price.

What should I look for when buying a used 2023 BMW X1?

Key things to evaluate:

• Trim level: The xDrive28i is the only trim level listed, and it already brings standard LED headlights and taillights, flush door handles, and a premium-feeling cabin. The base setup also includes standard all-wheel drive, but some of the more desirable convenience and appearance upgrades are tied to packages rather than the core trim.
• Powertrain: The 2.0-litre twin-turbo four-cylinder makes 241 horsepower and 295 pound-feet of torque, and it uses a seven-speed dual-clutch transmission. It is tuned for a lively, engaged feel, and it can tow up to 1,587 kilograms when properly equipped.
• Safety package: Active blind-spot monitoring is standard, along with front-collision warning that includes pedestrian and cyclist detection with brake intervention. BMW’s Driving Assistant Professional adds speed limit assist, extended traffic-jam assistant, lane departure warning, and adaptive cruise control with stop & go.
• Infotainment: You get the BMW Curved Display with a 10.7-inch infotainment screen and a 10.25-inch driver display, plus wireless Apple CarPlay and Android Auto. BMW maps and Bluetooth are standard, and the system is built around iDrive 8.
• Fuel efficiency: The X1 is rated at 9.6 L/100 km city, 7.0 L/100 km highway, and 8.4 L/100 km combined.

Which 2023 BMW X1 trim should I buy?

The 2023 BMW X1 is offered in 1 trim level: xDrive28i.

Here's the short version:

The xDrive28i is the one to buy because it is the only trim and already gives you the core X1 experience: standard all-wheel drive, the 241-horsepower engine, the BMW Curved Display, and a premium-feeling cabin. If you want the best value, start here and then decide whether the available packages are worth the extra spend for your needs.

BMW’s standard safety package already includes active blind-spot monitoring with exit warning and front-collision warning with pedestrian and cyclist detection, so you are not starting from a stripped-down base. If you want more driver assistance, the available Driving Assistant Professional suite adds the most meaningful upgrades.

Is now a good time to buy a used 2023 BMW X1?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 35.2% of listings are priced as good or great deals.
• Inventory: There are 244 listings available.
• Price trend: Prices have softened 14.29% compared with last year.

If you find a listing below $34,598 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW X1's resale value?

The current average of $34,598 CAD sits slightly below last year's $40,367 CAD.

That price movement suggests the market has already adjusted downward, which can make the X1 more attractive to used buyers today. For a future seller, it also means you should expect resale value to depend heavily on condition, mileage, and equipment rather than on broad market momentum alone.

Because the X1 combines brand appeal, standard all-wheel drive, and a strong driving character, well-kept examples should continue to draw interest. Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 BMW X1 safe?

The 2023 BMW X1 earns a 7/10 safety score from our experts.

BMW makes active blind-spot monitoring standard for 2023, and it adds an exit warning function to help alert occupants to approaching hazards when opening the door. Standard front-collision warning also includes pedestrian and cyclist detection with brake intervention.

BMW’s Driving Assistant Professional is available and adds speed limit assist, extended traffic-jam assistant, lane departure warning, and adaptive cruise control with stop & go. A 360-degree surround-view camera system is available as part of the Premium Enhanced Package, and Active Park Distance Control, Back-Up Assistant, and Parking Assistant Plus are also available.

The main caveat is that some advanced safety features are not standard, so you may need to shop carefully if you want the fullest driver-assistance setup.

Should I buy a 2023 BMW X1 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 35.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.29% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2023 X1 is all-new and third-generation, with more capability, plenty of cargo space, and a more engaging driving character.

The bottom line: If you want the newest X1 with the strongest mix of driving enjoyment, utility, and standard equipment, the 2023 is the right place to start. If your priority is stretching your budget, a lower-priced used example from a nearby year may be worth considering, but the 2023’s updated design and improved capability make it the better all-around pick for most shoppers.

How does the 2023 BMW X1 compare to the 2023 Audi Q3?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.