BMW 2 Series F23Convertible2015–2021

BMW 2 Series F23 Engines -The Complete UK Guide

Every engine fitted to the F23 Convertible -from the 1.5-litre three-cylinder 218i to the 2.0-litre four-cylinders and the 3.0-litre six-cylinder M240i. Real UK costs, honest failure data, and the engine changes that defined the F23's short life. Backed by 147+ real UK F23 enquiries in 2025 [BMW-VERIFIED].

Explore F23 Engines
147+F23 Enquiries (2025)BMW-VERIFIED
Convertible
8Engine Codes
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BMW 2 Series F23 Engine Codes -The Complete Database

Every engine fitted to the F23 convertible specifically -from the base 218i to the M240i, including the N20-to-B48 and N55-to-B58 changes that came with the 2016 model-year update.

Engine CodeFuelPowerYearsReliabilityEnquiriesAvg. Recon Cost
B38B15B38Petrol136 PS (100 kW)2017–2021★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£1,800–£3,200 [BMW-QUOTE]
N20B20AN20Petrol184 PS (135 kW)2015–2016★★★☆☆ [PROVISIONAL -pending dedicated Engine Page]147 (model-level) [BMW-VERIFIED]£2,800–£4,500 [BMW-QUOTE]
N20B20BN20Petrol245 PS (180 kW)2015–2016★★★☆☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£3,000–£5,000 [BMW-QUOTE]
B48B20AB48Petrol184 PS (135 kW)2016–2021★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£2,800–£4,500 [BMW-QUOTE]
B48B20BB48Petrol252 PS (185 kW)2016–2021★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£3,200–£5,000 [BMW-QUOTE]
N55B30O0N55Petrol326 PS (240 kW)2015–2016★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£4,500–£7,500 [BMW-QUOTE]
B58B30O0B58Petrol340–374 PS (250–275 kW)2016–2021★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£4,800–£8,000 [BMW-QUOTE]
B47D20AB47Diesel150–190 PS (110–140 kW)2015–2021★★★★☆ [PROVISIONAL -pending dedicated Engine Page]-(pattern data)£3,200–£5,500 [BMW-QUOTE]
BMW 3 Series E90

Overview

BMW 2 Series F23 -Overview

The F23 is the convertible version of BMW's first-generation 2 Series, launched in January 2015 as the successor to the E88 1 Series Convertible.

Built alongside the F22 coupé at BMW's Leipzig plant, the F23 was a four-seat convertible with a power-operated soft top. The engine range launched with 2.0-litre N20 four-cylinders (220i, 228i) and the 3.0-litre N55 six-cylinder (M235i), plus B47 diesels. A significant July 2016 update replaced the N20 and N55 with the newer B48 and B58 modular engines, and the 1.5-litre B38 three-cylinder arrived in 2017 for the 218i. The F23 was produced through 2021.

Key Facts

Platform

BMW F22/F23 (rear-wheel drive)

Predecessor

E88 1 Series Convertible

Successor

G42 2 Series Convertible

Sibling body styles in this generation

F22 Coupé, F87 M2

Market Intelligence

The F23 convertible generated 147 real UK engine enquiries in 2025 [BMW-VERIFIED], concentrated on the 2.0-litre petrol engines as these stylish convertibles enter the higher-mileage phase of their ownership cycle.

Best & Worst Engines

B48B20B -230i (2016–2021) engine

Best Petrol Overall

B48B20B -230i (2016–2021)

The B48 is a significant improvement over the N20 -better cooling, more reliable timing chain design, and smoother delivery. The 230i is the sweet spot of the F23 range.

Who it's for: buyers who want modern turbo four-cylinder performance without the N20's concerns.

N20B20A/B -220i/228i (2015–2016) engine

Highest Risk

N20B20A/B -220i/228i (2015–2016)

Early F23s use the N20 engine -known for timing chain guide wear and VANOS issues. The B48 that replaced it from mid-2016 is a much safer bet.

Who it's for: buyers who are prepared for timing chain maintenance or want a cheaper entry point.

N55B30O0 -M235i (2015–2016) engine

Most Expensive Failure

N55B30O0 -M235i (2015–2016)

The N55 is robust but complex -VANOS, valvetronic and turbocharger repairs can be costly. The B58 that replaced it is a more reliable choice.

Who it's for: buyers who want the first-generation M Performance convertible and are ready for the bills.

B48B20A -220i (2016–2021) engine

Best Value

B48B20A -220i (2016–2021)

The B48 is reliable, efficient and well-supported. A £2,800–£4,500 recon makes sense against a £10,000–£20,000 vehicle.

Who it's for: buyers who want the most cost-effective F23 ownership.

B38B15 -218i (2017–2021) engine

Most Overlooked

B38B15 -218i (2017–2021)

The 1.5-litre three-cylinder is often overlooked by buyers chasing bigger engines -but it's a genuinely charming unit, reliable and surprisingly perky in the F23's lightweight chassis.

Who it's for: buyers who want low running costs and don't need six-cylinder pace.

BMW 2 Series F23 -Ownership Economics

EngineTypical MileageCommon Major FailureRepair Cost (Specialist)Replacement Cost (Recon)Ownership Verdict
B38B15 (1.5 218i)60k–100kWater pump, cooling system£400–£800£1,800–£3,200
Solid Choice -reliable three-cylinder
N20B20 (2.0 220i/228i)60k–100kTiming chain guides, VANOS£800–£2,000£2,800–£5,000
Watch Closely -chain is the weak point
B48B20 (2.0 220i/230i)60k–120kCoolant system, PCV valve£400–£1,000£2,800–£5,000
Best Petrol -reliable B48, chain improved
N55B30O0 (3.0 M235i)60k–100kVANOS, valvetronic, turbo£800–£2,500£4,500–£7,500
Watch Closely -complex but rewarding
B58B30O0 (3.0 M240i)60k–120kCoolant system, PCV£400–£1,000£4,800–£8,000
Best Six -B58 is a modern classic
B47D20A (2.0 diesel)60k–120kEGR cooler, timing chain (rare)£500–£1,200£3,200–£5,500
Solid Choice -improved over N47

The F23 rule

A £3,200–£5,000 B48 recon against a £10,000–£20,000 F23 sits at 16–50% of the car's value -well within our 70% BMW threshold. Even against a sub-£10,000 example, the same recon is 32–50% -a repair decision, not a financial one. The F23 holds value well enough that engine replacement is almost always viable.

Common Problems

F23 Engine Replacement Costs -By Engine and Condition

No Generation variance from the Engine Page baseline -no dedicated Engine Pages exist for these families yet, so baseline figures are drawn from the EM_Proprietary_Data Table A. Labour hours estimated at 8–12 hours for the three-cylinder B38, 10–14 hours for four-cylinder engines, and 12–16 hours for six-cylinder engines due to engine bay packaging.

Core Variants

Diesel & Petrol Lineup

Diesel Variants

218d220d225d

Petrol Variants

218i220i228i230iM235iM240i

Scope note: All variants listed are F23 convertible only. The 228i and M235i were produced 2015–2016; the 230i and M240i replaced them from July 2016 production. The 218i (B38) joined the range in 2017. The 225d is the twin-turbo diesel.

Market Intelligence

Most Requested E90 Engines (2025)

  1. 1.1. B48B20B 230i -540 requests [BMW-VERIFIED]
  2. 2.2. N20B20A 220i -1450 requests (model-level N47/N20 combined) [BMW-VERIFIED]
  3. 3.3. B58B30O0 M240i -540 requests [BMW-VERIFIED]

Most Requested E90 Variants

  1. 1.1. 220i
  2. 2.2. 230i
  3. 3.3. M240i

Average E90 Replacement Cost

£4,200 reconditioned, supply only [BMW-QUOTE]

Most Common E90 Failures

  1. 1.1. Timing chain guides (N20)
  2. 2.2. Cooling system leaks (B-series)
  3. 3.3. EGR cooler (B47 diesel)
Live Feed
VehicleLocationIssueEnquiries
BMW 220i

BMW 220i

F23 (N20)

Manchester
Cold-start rattle

5

enquiries

BMW 230i

BMW 230i

F23 (B48)

Birmingham
Coolant loss warning

4

enquiries

BMW M240i

BMW M240i

F23 (B58)

Leeds
Water pump failure

3

enquiries

Updated Monthly

FAQ

BMW 3 Series E90 rear three-quarter view

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