Used 2024 BMW X1 for Sale nearToronto, ON

How much does the 2024 BMW X1 cost?

Prices have softened 6.35% compared to this time last year, making it a favourable time to shop this model year.

There are 357 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 BMW X1 a good car?

The 2024 BMW X1 is a moderate-market choice, with pricing that sits below last year’s average and enough inventory to give you some room to shop carefully. Its appeal is strongest if you want a premium compact SUV with a price trend that has moved in your favour.

With 37.3% of listings marked as good or great deals, there is a meaningful share of attractive options in the market.

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

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting every listing to be a bargain.

• Deal availability: 37.3% of listings are priced as good or great deals.
• Inventory: There are 357 listings available.
• Price trend: Prices have softened 6.35% 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 $42,093 CAD sits slightly below last year's $44,947 CAD.

That softer pricing can help you buy with less pressure today, but it also means future resale may depend more on how well you maintain the vehicle and how you price it against the market. If you plan to sell later, the current trend suggests you should expect a more competitive resale environment than last year. For now, the lower average gives you a better entry point than the previous model year.

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:

• 37.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.35% compared with last year.

Consider the 2023 if:

• At $34,722 CAD, the 2023 costs less than the current year's $42,093 CAD average.
• It offers a zippy, fun driving character with useful cargo space.

The 2024 is the better pick if you want the newer model year and a market that has already softened. If your priority is spending less upfront, the 2023 is the smarter value play, especially if you find one with the equipment you want.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.