Used 2024 BMW X1 for Sale nearNewmarket, ON

How much does the 2024 BMW X1 cost?

Prices have softened 5.45% compared to this time last year, making it a favourable time to shop this model year.

There are 341 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2024 BMW X1 a good car?

The 2024 BMW X1 sits in a moderate market position, with pricing that has eased and enough inventory to give you some choice. The current average price of $42,670 CAD is below last year’s average, which supports a more buyer-friendly shopping environment.

With 37.5% of listings marked as good or great deals, there is a meaningful share of competitively priced inventory to consider.

Is now a good time to buy a used 2024 BMW X1?

This looks like a moderate, selective buyer's market, especially if you are willing to compare listings carefully.

• Deal availability: 37.5% of listings are priced as good or great deals.
• Inventory: There are 341 listings available.
• Price trend: Prices have softened 5.45% compared with last year.

If you find a listing below $41,891 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW X1's resale value?

The current average of $42,670 CAD sits slightly below last year's $45,131 CAD.

That softer pricing can help you if you're buying now, but it also suggests future resale expectations may be more restrained than they were a year ago. If you plan to sell later, the current market points to a vehicle that may hold value best when it is well equipped, well maintained, and priced competitively. For you as a buyer, that means today's market may offer a better entry point than last year's.

Should I buy a 2024 BMW X1 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 37.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.45% compared with last year.

Consider the 2023 if:

• At $34,812 CAD, the 2023 costs less than the current year's $42,670 CAD average.
• It offers a zippy, fun driving character with added capability and plenty of cargo space.

The bottom line: If you want the stronger current-market balance of pricing and inventory, the 2024 is the better primary choice. If your priority is spending less upfront, the 2023 is the more price-sensitive alternative and still brings a compelling mix of utility and driving enjoyment.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.