2024 BMW 8 Series Review: Prices, Specs, and Ownership Costs

Quick answer: The 2024 BMW 8 Series starts at $90,800 for the base 840i Coupe and Gran Coupe, rising to $116,000 for the V8-powered M850i xDrive Convertible, $138,800 for the high-performance M8 Competition, and peaking at $149,300 for the hand-finished ALPINA B8 Gran Coupe. This flagship lineup delivers exceptional grand-touring dynamics with inline-six and V8 powertrain options, retaining the physical cockpit ergonomics of the iDrive 7 system.

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Key takeaways:

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  • Base MSRP starts at $90,800 for six-cylinder trims and tops out at $149,300 for the ALPINA B8 Gran Coupe, excluding destination fees.
  • Powertrain choices range from the 335-hp B58 inline-six to the 523-hp N63 V8, the 617-hp S63 V8, and the 612-hp Alpina twin-turbo V8.
  • Unlike newer BMW models, the 2024 8 Series retains the iDrive 7 platform with physical climate and radio control buttons.
  • Kelley Blue Book projects a five-year ownership cost of $121,910 for the base 840i, driven primarily by a $55,439 depreciation curve.
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2024 BMW 8 Series Pricing and Configuration Options

The 2024 BMW 8 Series represents the flagship grand touring vehicle in the German automaker's lineup. This model year carries over without significant styling or mechanical changes, focusing on maintaining its position as a highly refined luxury cruiser. Buyers can choose from three distinct body configurations: the classic two-door Coupe, the open-top Convertible, or the practical four-door Gran Coupe. The Gran Coupe is particularly notable for adding rear doors and an extended wheelbase that improves passenger utility.

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To configure the vehicle, buyers start with drivetrain choices. Rear-wheel drive (RWD) is the standard layout for the entry-level six-cylinder model. All-wheel drive (AWD), marketed as xDrive, is available as an option on six-cylinder models and comes standard on all V8-powered configurations. For a comprehensive overview of the model family, readers can explore the BMW 8 Series lineup category page to compare body styles.

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The base Manufacturer's Suggested Retail Price (MSRP) for the standard trims in the United States breaks down as follows:

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Body StyleTrim LevelDrivetrainStarting MSRP
Coupe / Gran Coupe840iRWD$90,800
Coupe / Gran Coupe840i xDriveAWD$93,800
Coupe / Gran CoupeM850i xDriveAWD$106,300
Coupe / Gran CoupeM8 CompetitionAWD$138,800
Convertible840iRWD$100,500
Convertible840i xDriveAWD$103,500
ConvertibleM850i xDriveAWD$116,000
ConvertibleM8 CompetitionAWD$148,800
Gran Coupe OnlyALPINA B8 xDriveAWD$149,300
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All listed starting prices exclude optional equipment packages, local sales taxes, registration fees, and destination charges. The destination and handling charge is $995 for the 840i and M850i models, and rises to $1,175 for the M8 Competition and ALPINA B8 models.

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Configuring the vehicle involves selecting packages that enhance luxury, safety, or performance. The Driving Assistance Package costs $1,200, adding a 360-degree surround-view camera system, active parking sensors, and blind-spot detection. Upgrading to the Driving Assistance Professional Package costs $1,700, adding adaptive cruise control with stop-and-go functionality and lane-keeping assistance. Performance enthusiasts can select the M Sport Professional Package, which adds blacked-out exterior trim, upgraded M Sport brakes with blue or red calipers, and an M shadowline headlight design.

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The choice of body style also affects daily practicality. The Gran Coupe features a longer wheelbase of 119.0 inches and an overall length of 200.2 inches, providing 36.6 inches of rear legroom. In contrast, the Coupe has a shorter 111.1-inch wheelbase, resulting in a tighter 29.5 inches of rear legroom, making the back seats tight for adult passengers. Cargo capacity is 15.5 cubic feet in the Gran Coupe, 14.8 cubic feet in the Coupe, and 12.4 cubic feet in the Convertible with the soft top raised.

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Engine Specifications: Turbo I6 vs. Twin-Turbo V8 Performance

The core of the driving experience in the 2024 model year depends on the powertrain selection. BMW offers a range of highly regarded gasoline engines. The entry-level 840i trims utilize the B58 engine, a 3.0-liter single-turbocharged inline-six praised globally for its reliability, smooth power delivery, and tuning potential. Stepping up to the M850i trims introduces the N63 engine, a 4.4-liter twin-turbocharged V8 that delivers supercar-like acceleration and a deep exhaust note.

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For buyers seeking maximum track-focused performance, the M8 Competition features the high-output S63 4.4-liter M TwinPower Turbo V8. Meanwhile, the ALPINA B8 Gran Coupe utilizes an ALPINA-tuned version of the twin-turbo V8, emphasizing effortless low-end torque and high-speed highway cruising.

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All engines are paired with an eight-speed sport automatic transmission that features launch control, sport mode programming, and steering-wheel-mounted paddle shifters. Drivetrain setups alter performance metrics, with xDrive all-wheel drive providing superior traction from a standstill.

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The detailed mechanical specifications for the standard powertrains are outlined below:

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Engine CodeModel TrimHorsepowerTorque0-60 mph SprintCombined EPA Fuel Economy
B58 (3.0L Turbo I6)840i335 hp368 lb-ft4.7s (RWD) / 4.4s (xDrive)24 mpg
N63 (4.4L Twin-Turbo V8)M850i xDrive523 hp553 lb-ft3.6s19 mpg
S63 (4.4L M Twin-Turbo V8)M8 Competition617 hp553 lb-ft3.0s17 mpg
Alpina V8 (4.4L Bi-Turbo V8)ALPINA B8 xDrive612 hp590 lb-ft3.3s19 mpg
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The B58 inline-six engine features single-turbo technology and is tuned to produce 500 Newton-meters of torque, which converts to approximately 368 lb-ft. This setup provides excellent highway fuel economy, reaching up to 29 mpg on the highway in rear-wheel-drive configurations according to the official EPA fuel economy database.

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According to track evaluations published by Car and Driver, the V8-powered M850i demonstrates remarkable straight-line speed, hitting 60 mph in just 3.6 seconds. This high-speed performance is complemented by standard handling upgrades on V8 models, including active roll stabilization and integral active steering. The active steering system allows the rear wheels to turn up to 2.5 degrees in the opposite direction of the front wheels at low speeds, reducing the turning circle, and in the same direction at high speeds to improve highway stability.

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Standard Tech Features and the iDrive 7 Infotainment System

While newer BMW models have transitioned to the single large Curved Display running the iDrive 8 or iDrive 9 operating systems, the 2024 BMW 8 Series retains a separate dual-screen layout running the iDrive 7 platform. This setup consists of a 12.3-inch digital instrument cluster behind the steering wheel and a 12.3-inch central touchscreen.

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Retaining the older iDrive 7 system offers a massive ergonomic advantage over the newer iDrive 8 layout: the presence of physical buttons. In newer layouts like iDrive 8, physical controls are deleted in favor of touch-screen menus, forcing drivers to tap multiple times just to change the fan speed or adjust climate zones. In contrast, the 8 Series cockpit features dedicated physical keys for dual-zone automatic climate control, heated seat functions, and a row of physical radio presets. Drivers can make quick adjustments by feel without taking their eyes off the road. The center console also retains the physical iDrive rotary controller, allowing for tactile menu navigation.

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Smartphone integration is fully supported, with wireless Apple CarPlay and wireless Android Auto included as standard equipment. Drivers can connect their mobile devices for hands-free calling, navigation, and music streaming. Standard tech amenities include a head-up display that projects vehicle speed and navigation instructions onto the windshield, wireless device charging, and a 16-speaker Harman Kardon surround sound system.

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For audiophiles, BMW offers the optional Bowers & Wilkins Diamond surround sound system. This upgrade costs $3,400 and replaces the standard setup with 20 speakers powered by a 1,400-watt amplifier. The system uses illuminated acoustic tweeters made from synthetic diamonds to deliver high-frequency sound clarity throughout the cabin.

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Performance Verdict: Ownership Costs and Real-World Value

When evaluating the long-term financial lifecycle of this luxury grand tourer, buyers must weigh fuel efficiency and depreciation against the emotional appeal of V8 performance. Real-world cost data demonstrates that the six-cylinder 840i represents a much more rational financial decision for daily driving.

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According to Kelley Blue Book (KBB) official estimates, the 2024 BMW 8 Series (840i Coupe) carries a projected 5-year total cost to own of $121,910. The largest financial factor is depreciation, which accounts for $55,439 over the five-year period (representing approximately 60% of the vehicle's initial value).

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The out-of-pocket operating expenses for the base model over five years are broken down below:

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Expense Category5-Year Estimated Cost
Depreciation$55,439
Insurance$22,440
State Fees & Taxes$16,514
Financing Costs$12,514
Fuel Expenses$6,015
Scheduled Maintenance$5,588
Out-of-Warranty Repairs$3,400
Total Cost to Own$121,910
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The V8-powered M850i xDrive model incurs substantially higher expenses. Its larger 4.4-liter engine requires more frequent maintenance and runs on premium fuel, increasing annual fuel costs by roughly $800 to $1,000 compared to the inline-six. Furthermore, the M850i experiences a faster depreciation curve, losing value more rapidly in the first three years of ownership. KBB projects the M850i xDrive Gran Coupe with a five-year ownership cost of $156,082.

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Expert view:The B58-powered 840i remains the smartest purchase for long-term ownership, combining legendary reliability with reasonable running costs. While the V8-powered M850i delivers exceptional straight-line speed, its ownership costs are significantly front-loaded, making it a less practical choice for daily commuting.

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BMW supports the 2024 model with a 4-year or 50,000-mile limited warranty, which includes the Ultimate Care program covering complimentary scheduled maintenance for the first 3 years or 36,000 miles. Once this period expires, maintenance costs rise significantly as scheduled wear items (like performance brakes and tires) require replacement.

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For buyers comparing pricing trends across model years, reviewing the 2023 model year shows that the platform has remained stable in terms of equipment. For newer model developments, check out the four-door 2025 BMW 8 Series Gran Coupe overview, which covers minor trim shifts, and our look at the 2026 BMW 8 Series for future lifecycle plans.

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Safety Ratings and Driver Assistance Technologies

To support its grand touring capabilities, the vehicle is equipped with a suite of active safety technologies. Standard driver assistance systems include Frontal Collision Warning, Lane Departure Warning, and Automatic Emergency Braking. These safety systems utilize camera and radar sensors mounted behind the rearview mirror and inside the front grille to monitor traffic patterns and pedestrian movements.

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Because the vehicle is a low-volume, high-priced luxury model, neither the National Highway Traffic Safety Administration (NHTSA) nor the Insurance Institute for Highway Safety (IIHS) has conducted crash tests on the 2024 model. This is standard practice in the premium luxury segment, as safety organizations prioritize testing high-volume passenger vehicles.

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Optional packages allow buyers to equip the vehicle with advanced semi-autonomous features. The Driving Assistance Professional Package adds the Extended Traffic Jam Assistant, which allows for hands-free driving on designated highways at speeds under 40 mph. The system uses a driver-facing infrared camera to monitor eye contact, ensuring the driver remains focused on the road ahead.

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Note:Safety package availability can vary based on dealership inventory and production constraints. Buyers should inspect the official Monroney window sticker of a specific vehicle to verify that the Driving Assistance Professional Package is installed before completing a purchase.

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How the 2024 BMW 8 Series Compares to Competitors

The luxury grand touring segment contains several alternatives, each emphasizing a different balance of design, prestige, and driving dynamics.

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The primary competitor is the Lexus LC 500, which carries a starting MSRP of $98,450. The Lexus features a naturally aspirated 5.0-liter V8 engine producing 471 horsepower. While the LC 500 lacks the modern infotainment integration of the BMW, it holds an advantage in long-term resale value retention and has a superior reliability record. The styling of the LC 500 is also more dramatic, drawing inspiration from concept cars, whereas the BMW maintains a more understated, traditional luxury coupe profile.

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For drivers seeking pure sports car handling, the Porsche 911 Carrera starts at $114,400. The 911 utilizes a rear-mounted twin-turbo flat-six engine producing 379 horsepower. While the 911 is more agile and delivers a connected driving experience, it sacrifices daily comfort and interior space. The rear seats of the 911 are smaller than those in the 8 Series Coupe, and the front trunk offers limited utility compared to the traditional rear trunks of the BMW lineup.

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For buyers comparing within the brand family, those who appreciate a stylized four-door layout but require a more compact footprint and accessible pricing may consider the entry-level 2025 BMW 2 Series Gran Coupe, while the flagship 8 Series remains the pinnacle of luxury touring.

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Buyers should note that the Mercedes-Benz S-Class Coupe was discontinued after the 2021 model year, meaning no new 2024 models exist in the market. Those seeking a Mercedes alternative must look to the sportier Mercedes-AMG SL Roadster or the newer Mercedes-Benz CLE Coupe. The CLE Coupe offers a lower starting price point but lacks the flagship prestige and cabin materials of the 8 Series.

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Frequently Asked Questions

Is the 2024 BMW 8 Series reliable?

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The 2024 model has average reliability, inheriting the mechanical track record of the B58 inline-six and N63 V8 engines. Because these powertrains have been used across the BMW lineup for several years, most common mechanical issues are well-documented. Long-term reliability is typically higher on the six-cylinder 840i models compared to the V8 M850i due to lower operating temperatures and simpler mechanical routing.

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Does the 2024 BMW 8 Series support Android Auto?

Yes, the 2024 model includes standard wireless Apple CarPlay and Android Auto integration. The system runs on iDrive 7, allowing Android users to project navigation and media controls directly onto the central 12.3-inch touchscreen without needing a physical USB connection.

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How much trunk space does the Gran Coupe offer?

The 2024 Gran Coupe features a trunk capacity of 15.5 cubic feet. This is the largest cargo volume in the lineup, representing a notable utility gain over the 14.8 cubic feet of the standard Coupe and the 12.4 cubic feet of the Convertible models.

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Is the Mercedes S-Class Coupe a direct competitor?

No, the Mercedes-Benz S-Class Coupe is no longer in production, having been discontinued after the 2021 model year. Modern buyers seeking a luxury coupe from Mercedes-Benz must consider the Mercedes-Benz CLE Coupe or the high-performance Mercedes-AMG SL.

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