With its agile handling, quick acceleration, practicality, and a wide array of premium amenities, the 2023 BMW X3 is a superb choice for the compact luxury SUV segment. Find out what we know so far about the release date, price, specs, and new features of the 2023 BMW X3.

When will the 2023 BMW X3 be available?

With a slated release of late Summer 2022, the 2023 X3 can be priced on BMW’s site and will soon hit the roads. It will be available at BMW dealerships throughout the United States, as well as in various international markets.

The BMW X3 is currently built at BMW’s Spartanburg plant in South Carolina. However, BMW might move production of the X3 to its plant in San Luis Potosi, Mexico.

How much does the 2023 BMW X3 cost?

The starting price of the 2023 BMW X3 ranges from $45,400 MSRP for the sDrive30i trim up to $72,900 MSRP for the X3 M trim. Also, the 2023 X3 costs $1,700 more than the 2022 X3, which has a starting base price of $43,700 MSRP.

2023 X3 specs: Engine options, 0-60 mph acceleration, fuel economy, and towing

Buyers of the 2023 BMW X3 have a choice of four engine options: a turbocharged 2.0-liter four-cylinder, a turbocharged 3.0-liter inline-six, a twin-turbocharged 3.0-liter inline-six, and a more powerful variant of the twin-turbocharged 3.0-liter inline-six for the X3 M Competition. The X3 offers both rear-wheel drive and all-wheel drive systems. Here are the horsepower and specs for each X3 engine:

• Turbocharged 2.0-liter four-cylinder: 248 horsepower and 258 lb-ft of torque
• Turbocharged 3.0-liter inline-six: 382 horsepower and 369 lb-ft of torque
• Twin-turbocharged 3.0-liter inline-six: 473 horsepower and 457 lb-ft of torque
• Twin-turbocharged 3.0-liter inline-six (X3 M Competition): 503 horsepower and 457 lb-ft of torque

The X3 is very quick and fast. Its 0-60 mph acceleration time ranges from 6.0 seconds for the base trims to as low as 3.7 seconds for the X3 M Competition. For the top speed, the X3 M models can go as fast as 155 mph. On the efficiency front, the X3 has an estimated fuel economy of up to 23 city/29 highway mpg. When properly equipped, the X3 can tow up to 4,400 pounds.

Compared to most other SUVs, the X3 is very agile. Also, the X3 offers a Dynamic Damper Control adaptive suspension with selectable drive modes. This includes settings for Comfort, Sport, and Eco Pro.

Technology features in the BMW X3

The 2023 BMW X3 offers a multitude of useful technologies. For the interior, this includes the BMW iDrive infotainment system, which is available with either a 10.3-inch or a 12.3-inch infotainment system. Additional interior features include a Wi-Fi hotspot, Bluetooth connectivity, USB ports, a wireless smartphone charger, and Apple CarPlay and Android Auto smartphone integration.

Also, the X3 offers many safety-enhancing driving assistance technology features. This includes adaptive cruise control, lane departure warning, and automatic emergency braking with forward collision warning. 

What are the compact luxury SUV competitors of the BMW X3?

The compact luxury SUV competitors of the BMW X3 include the Porsche Macan, Mercedes-Benz GLC-Class, Volvo XC60, Audi Q3, Lexus RX, Acura RDX, Genesis GV70, and Alfa Romeo Stelvio Quadrifoglio. 

As detailed earlier, the expected release of the new 2023 BMW X3 compact luxury SUV is in late Summer 2022. Also, with a starting base price of $45,400 MSRP, the 2023 X3 costs $1,700 more than the 2022 version.

This article was updated for clarity on 7/25/2022 with the latest vehicle information.