BMW M240i Convertible F23

2016-2021Last updated: July 2026 · How this report is builtJuly 2026

2016-2021 · 3.0L B58 turbocharged inline-6 (340 hp) convertible

BMW M240i Convertible F23
Render © Car Checker

The most powerful non-M 2 Series convertible, pairing the well-regarded B58 turbocharged inline-six with a powered soft-top. Available with a 6-speed manual or ZF 8-speed automatic, and in rear-wheel drive or xDrive, the M240i F23 offers genuine performance in a compact open-top package. Production ran from late 2016 to mid-2021, making it the final generation of the rear-wheel-drive BMW 2 Series convertible.· more· less

Robust and proven B58 inline-six Excellent ZF 8HP automatic option
Convertible roof motor prone to water damage Oil filter housing coolant leak widespread
Buy if: You want an open-top inline-six BMW with strong reliability and can commit to regular cooling system checks and convertible roof maintenance.
Avoid if: You park outdoors in wet climates and cannot commit to periodic convertible mechanism inspection, or need the lowest possible running costs.
Maintenance costs
€1,150 - €2,050/year
15,000 km/year
Fixed costs
€650-1,050
Risk buffer
€500-1,000
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Common Problems
Robust B58 engine, but convertible roof adds a layer of complexity
The B58 inline-six is widely regarded as one of BMW's most reliable modern engines, and many examples exceed 200,000 km without major powertrain issues. The main financial risks come from the cooling system (oil filter housing gasket, coolant hose, water pump) and oil seals (valve cover gasket with integrated PCV). These are progressive wear items that announce themselves before becoming critical, so regular inspection catches most problems early. The convertible-specific concerns centre on the roof motor, which is susceptible to water damage in the boot area, and age-related seal deterioration. The ZF 8HP automatic is very reliable when its fluid is changed every 60,000-80,000 km. Manual gearbox cars are even simpler.
Pre-Purchase Inspection Checklist
Viewing checklist for the BMW M240i Convertible F23
A printable one-page A4 checklist for this model.
General checks
Specific for this vehicle
Recalls and Technical Service Bulletins
Takata frontal airbag inflator (production up to June 2018, extended replacement program) Verify completed
Driver's airbag inflator weld joint failure (select F2x production dates) Verify completed
Seatbelt pretensioner wiring harness (2016-2018 production) Verify completed
PCV valve cover warranty extension (SIB 01 14 23) to 15 years / 240,000 km Check eligibility with BMW dealer
Contact a BMW dealer with the VIN to verify all recalls have been completed. The PCV valve cover warranty extension is particularly important as it covers one of the most common B58 issues and can save significant repair costs.
Warranty Status
Factory warranty (3 years from Nov 2016) Expired on all M240i models
PCV valve cover extended warranty 15 years / 240,000 km from first registration
Rust perforation warranty (12 years) Active on all M240i models until 2028-2033
All BMW M240i F23 models received the 3-year factory warranty (BMW 2+1 program from November 2016). All are now outside this warranty. The PCV valve cover warranty extension (15 years / 240,000 km) is likely still active on most examples and covers the PCV diaphragm failure. The 12-year rust perforation warranty remains active.

↔ Also consider

BMW 230i F22
BMW 230i F22 2016-2021
Same body with 2.0L B48 four-cylinder instead of six. Similar coolant and OFHG concerns but lower service costs and better fuel economy.
Audi TTS 2.0 TFSI 8S
Audi TTS 2.0 TFSI 8S 2015-2023
Similar performance with quattro AWD. Water pump and Haldex pump are its main weak points. S tronic gearbox less reliable than BMW's ZF 8-speed.
Volkswagen Golf R Mk7
Volkswagen Golf R Mk7 2014-2020
Lower purchase price with similar straight-line speed. Water pump and IS38 turbo are its main risks. More practical but no convertible option.
BMW M235i F22
BMW M235i F22 2014-2016
Predecessor with N55 engine. More prone to oil leaks and wastegate rattle. The M240i's B58 is a notable reliability improvement.
BMW 135i N54 E82
BMW 135i N54 E82 2007-2010
Older BMW inline-six with twin-turbo N54. HPFP, injector, and wastegate failures make it significantly more expensive to maintain.

This report is for informational purposes only and does not constitute professional advice. Estimates may be inaccurate. Always have a qualified specialist inspect the vehicle before purchase. We accept no liability for decisions made based on this information.