Used 2023 BMW 5 Series for Sale nearBoston, MA
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Skyscraper Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 39,059
- Stock #:
- N24643T
- VIN:
- WBA13BJ03PCN24643
Sponsored by AutoMax Preowned Framingham
2023 BMW 5 Series
530i xDrive AWD
39,059 mi
$34,995
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 26,782
- Stock #:
- HBOPPWY18452
- VIN:
- WBA13BJ00PWY18452
Sponsored Listing
2023 BMW 5 Series
530i xDrive AWD
26,782 mi
$40,087
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Gray (Dark Graphite Metallic)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 41,377
- Stock #:
- DM6168
- VIN:
- WBA13BJ04PWY21483
Sponsored Listing
2023 BMW 5 Series
530i xDrive AWD
41,377 mi
$35,095
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Aventurin Red Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac Brown
- Transmission:
- 8-Speed Automatic
- Mileage:
- 47,624
- Stock #:
- BU2343
- VIN:
- WBA13BJ02PCM97693
2023 BMW 5 Series
530i xDrive AWD
47,624 mi
$34,150
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Skyscraper Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 34,739
- Stock #:
- PCN07888
- VIN:
- WBA13BJ03PCN07888
-$799
2023 BMW 5 Series
530i xDrive AWD
34,739 mi
$36,391
$35,592
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 523 hp 4.4L V8
- Exterior color:
- Alvite Gray Metallic
- Combined gas mileage:
- 21 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ivory White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 21,498
- Stock #:
- PCM92715P
- VIN:
- WBA13BK07PCM92715
-$1,377
2023 BMW 5 Series
M550i xDrive AWD
21,498 mi
$61,085
$59,708
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Phytonic Blue Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Canberra Beige)
- Transmission:
- 8-Speed Automatic
- Mileage:
- 52,020
- Stock #:
- P12254
- VIN:
- WBA13BJ08PWY01186
-$1,055
2023 BMW 5 Series
530i xDrive AWD
52,020 mi
$33,986
$32,931
- Year:
- 2024
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Gray (Oxide Grey Metallic)
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Smoke White
- Transmission:
- Automatic
- Mileage:
- 14,559
- Stock #:
- HBOTRCP96443
- VIN:
- WBA53FJ01RCP96443
2024 BMW 5 Series
530i xDrive AWD
14,559 mi
$44,442
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Skyscraper Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 39,059
- Stock #:
- N24643T
- VIN:
- WBA13BJ03PCN24643
2023 BMW 5 Series
530i xDrive AWD
39,059 mi
$34,995
- Year:
- 2024
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Black Sapphire Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 40,354
- Stock #:
- MPA7065
- VIN:
- WBA53FJ09RCP91586
2024 BMW 5 Series
530i xDrive AWD
40,354 mi
$40,586
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 335 hp 3L I6
- Exterior color:
- Jet Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ivory White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 40,441
- Stock #:
- BN8277A
- VIN:
- WBA73BJ0XPCN58881
2023 BMW 5 Series
540i xDrive AWD
40,441 mi
$47,445
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 45,807
- Stock #:
- PWX99526K
- VIN:
- WBA53BH06PWX99526
2023 BMW 5 Series
530i RWD
45,807 mi
$31,005
- Year:
- 2022
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Bluestone Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac
- Transmission:
- 8-Speed Automatic
- Mileage:
- 50,302
- Stock #:
- 31431
- VIN:
- WBA13BJ01NCK92251
2022 BMW 5 Series
530i xDrive AWD
50,302 mi
$29,460
CarGurus Analysis:
2023 BMW 5 Series
With 188 currently listed for sale near Boston, MA and an average price of $37,331.00, 58.5% of 2023 BMW 5 Series models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW 5 Series 5 / 5 stars.
100.0% of 2023 BMW 5 Series models on CarGurus are accident free.
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Gray (Dark Graphite)
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac
- Transmission:
- Automatic
- Mileage:
- 17,914
- Stock #:
- HBOTPWY19088
- VIN:
- WBA13BJ0XPWY19088
2023 BMW 5 Series
530i xDrive AWD
17,914 mi
$40,170
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Skyscraper Gray Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Ivory White
- Transmission:
- 8-Speed Automatic
- Mileage:
- 28,358
- Stock #:
- PA12351
- VIN:
- WBA13BJ03PWY17652
2023 BMW 5 Series
530i xDrive AWD
28,358 mi
$38,460
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 33,325
- Stock #:
- Y06910
- VIN:
- WBA13BJ0XPWY06910
2023 BMW 5 Series
530i xDrive AWD
33,325 mi
$35,379
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Black Sapphire Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Canberra Beige)
- Transmission:
- 8-Speed Automatic
- Mileage:
- 29,695
- Stock #:
- PA12352
- VIN:
- WBA13BJ05PWY18110
2023 BMW 5 Series
530i xDrive AWD
29,695 mi
$38,010
- Year:
- 2024
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray (Silverstone II Atlas Grey)
- Transmission:
- Automatic
- Mileage:
- 38,500
- Stock #:
- HAUTRCR53836
- VIN:
- WBA53FJ06RCR53836
2024 BMW 5 Series
530i xDrive AWD
38,500 mi
$38,196
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac
- Transmission:
- 8-Speed Automatic
- Mileage:
- 41,740
- Stock #:
- Y22119
- VIN:
- WBA13BJ0XPWY22119
2023 BMW 5 Series
530i xDrive AWD
41,740 mi
$35,585
- Year:
- 2022
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Gray (Dark Graphite Metallic)
- Combined gas mileage:
- 29 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac
- Transmission:
- 8-Speed Automatic
- Mileage:
- 35,444
- Stock #:
- NWX55235
- VIN:
- WBA53BH0XNWX55235
2022 BMW 5 Series
530i RWD
35,444 mi
$30,516
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Mineral White Metallic
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac
- Transmission:
- 8-Speed Automatic
- Mileage:
- 30,338
- Stock #:
- PWY09947
- VIN:
- WBA13BJ04PWY09947
-$780
2023 BMW 5 Series
530i xDrive AWD
30,338 mi
$35,805
$35,025
- Year:
- 2023
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 248 hp 2L I4
- Exterior color:
- Jet Black - 668
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Cognac - KHRI
- Transmission:
- Automatic
- Mileage:
- 19,454
- Stock #:
- UFL26154A
- VIN:
- WBA13BJ04PCL92394
2023 BMW 5 Series
530i xDrive AWD
19,454 mi
$38,454
- Year:
- 2024
- Make:
- BMW
- Model:
- 5 Series
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- All-Wheel Drive
- Engine:
- 255 hp 2L I4
- Exterior color:
- Alpine White
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 25,378
- Stock #:
- HBSTRCS28029
- VIN:
- WBA53FJ01RCS28029
-$1,000
Sponsored Listing
2024 BMW 5 Series
530i xDrive AWD
25,378 mi
$44,497
$43,497
CarGurus Analysis: 2023 BMW 5 Series
Summary
With 188 currently listed for sale near Boston, MA and an average price of $37,331.00, 58.5% of 2023 BMW 5 Series models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 BMW 5 Series 5 / 5 stars.
100.0% of 2023 BMW 5 Series models on CarGurus are accident free.
Why it stands out
The 2023 BMW 5 Series sits in the seventh generation of the nameplate, and it comes across as a luxury sedan that still keeps some of BMW’s traditional verve. The source describes this generation as more comfortable than the 5 Series of old, with steering that is less precise or engaging than earlier versions, but it also notes that it remains more fun to drive than many staid competitors. That balance is part of its appeal: it is still a 5 Series, but one that has shifted toward refinement and everyday luxury.
For 2023, BMW’s G30 5 Series carried over without major changes. The lineup included the 530i, 540i, 530e, and M550i xDrive, with the 530i using a 2.0-liter four-cylinder engine rated at 248 horsepower and 258 pound-feet of torque, and the 540i using a 3.0-liter twin-turbo inline six with 335 horsepower and 332 pound-feet of torque. The 530e plug-in hybrid paired a 2.0-liter four-cylinder engine with an 11-kW battery pack for 248 horsepower, 310 pound-feet of torque, and up to 16 miles of electric range, while the M550i xDrive used a 4.4-liter turbocharged V8 with 456 horsepower and 480 pound-feet of torque. BMW also offered plenty of safety equipment, and every model came standard with blind spot monitoring, lane departure warnings with lane keep assist, rear cross-traffic alerts, traffic sign recognition, and automatic high beams.
Inside, the 2023 5 Series emphasized technology, but not always in the most user-friendly way. It used a 10.2-inch screen running iDrive 6, controlled by a click wheel, and the source notes that BMW’s systems can be complex to learn. That complexity is one of the car’s drawbacks, along with the fact that some of BMW’s best safety systems remained optional, including adaptive cruise control, surround view monitoring, and a hands-free parking system. Even so, the 2023 5 Series remains appealing for buyers who want a well-equipped midsize luxury sedan with strong performance, a broad range of powertrains, and a reputation for being more engaging than many of its rivals.
Other model years to consider
- Average price: $19,751.00
- Good/great deal percentage: 32.9%
- User rating: 4.95 / 5
- Total listings: 240
- Average price: $27,420.00
- Good/great deal percentage: 57.7%
- User rating: 5 / 5
- Total listings: 215
- Average price: $24,906.00
- Good/great deal percentage: 35.7%
- User rating: 4.89 / 5
- Total listings: 221
This analysis is based on CarGurus' proprietary market data from September 1, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
5.0 Overall rating
Filter by rating
Scott V
Reviewed a 2023 BMW 5 Series on May 15, 2026
Great car and good mix of features and an exceptional ride.
Paul C
Reviewed a 2023 BMW 540i RWD on Feb 11, 2024
The 540i with M Sport, Shadowline and Executive packages checks a lot of boxes. Power and quickness to spare, excellent mileage for a sport sedan, luxurious interior and a topflight sound system. Its practical, comfortable and speedy. Many reviewers bemoan the muted steering feedback in this generation of bimmers and theyre not wrong. But this isnt a sports car and it isnt lightweight. It a smooth operator running on what feels like an underrated 335 hp B58 engine. Feels closer to 375 the way is launches from a standstill or leaps from 70 to 85 on the freeway. This is my third 5 series over a span of 15 years with a couple of other cars in between, and its the most refined yet.
Lucas S
Reviewed a 2023 BMW 5 Series on Feb 29, 2024
Love the gas mileage of the hybrid. Super comfortable and quiet.
Compare 2023 BMW 5 Series Trims in Boston, MA
The 2023 BMW 5 Series offers a range of trims from budget-friendly options to performance-oriented models, catering to various preferences and needs.
- Starting at $35,418
- Best MPG/MPGe: 59 city / 72 hwy
- Most Popular: 530i xDrive AWD
Trim Overview
Prices updated weekly from CarGurus listings.
| 530i RWD | 530e Hybrid Plug-in RWD | 530i xDrive AWD (Most Popular) | 530e xDrive Hybrid Plug-in AWD | 540i RWD | 540i xDrive AWD | M550i xDrive AWD | |
|---|---|---|---|---|---|---|---|
| Starting MSRP | $56,000 | $57,600 | $58,300 | $59,900 | $62,900 | $65,200 | $81,500 |
| Avg. Market Price | $37,943 | $37,943 | $35,418 | $37,943 | $37,943 | $46,280 | $37,943 |
| Positioning | Best value | Standard | AWD for less | AWD for less | Standard | Sport + AWD | Trail-ready |
| Standout Features | Backup camera, Bluetooth, Navigation system | Blind spot monitoring, Android Auto, CarPlay | Bluetooth, Backup camera, Navigation system | Bluetooth, Backup camera, Navigation system | Blind spot monitoring, Bluetooth, Backup camera | Backup camera, Navigation system, Bluetooth | Blind spot monitoring, Heated seats, Bluetooth |
| Drivetrain | RWD | RWD | AWD | AWD | RWD | AWD | AWD |
| Listings Available | 73 | 25 | 96 | 8 | 27 | 56 | 26 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| 530i RWD | 530e Hybrid Plug-in RWD | 530i xDrive AWD | 530e xDrive Hybrid Plug-in AWD | 540i RWD | 540i xDrive AWD | M550i xDrive AWD | |
|---|---|---|---|---|---|---|---|
| AI Summary | Best value for RWD enthusiasts | Great fuel efficiency with hybrid tech | Most popular AWD option | Efficient AWD hybrid choice | Strong performance with RWD | Sporty AWD performance | Powerful V8 for serious drivers |
| Avg. Market Price | $37,943 | $37,943 | $35,418 | $37,943 | $37,943 | $46,280 | $37,943 |
| MSRP | $56,000 | $57,600 | $58,300 | $59,900 | $62,900 | $65,200 | $81,500 |
| Engine | 2.0L 248 hp I4 | 2.0L 288 hp I4 Hybrid | 2.0L 248 hp I4 | 2.0L 288 hp I4 Hybrid | 3.0L 335 hp I6 | 3.0L 335 hp I6 | 4.4L 523 hp V8 |
| Drivetrain | RWD | RWD | AWD | AWD | RWD | AWD | AWD |
| MPG/MPGe (City/Hwy) | 25/33 | 59/72 | 23/32 | 59/67 | 25/32 | 22/29 | 17/25 |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | — |
| Remote Start | ✓ | — | ✓ | — | — | ✓ | ✓ |
| Leather Seats | — | — | — | — | — | — | ✓ |
| Adaptive Suspension | — | — | — | — | — | — | ✓ |
| Active Listings | 73 | 25 | 96 | 8 | 27 | 56 | 26 |
Missing data displayed as "—".
Trim Deep Dives
530i RWD — "Who It's For"
The 530i RWD is the pick for shoppers who want a luxury sedan with solid features without paying for AWD.
- Avg. market price: $37,943 (updated weekly)
- MPG/MPGe: 25 city / 33 hwy
- Inventory: 73 listings
- View 530i RWD listings
530e Hybrid Plug-in RWD — "Who It's For"
The 530e Hybrid Plug-in RWD is the pick for shoppers who want excellent fuel efficiency without sacrificing luxury features.
- Avg. market price: $37,943 (updated weekly)
- MPG/MPGe: 59 city / 72 hwy
- Inventory: 25 listings
- View 530e Hybrid Plug-in RWD listings
530i xDrive AWD — "Who It's For"
The 530i xDrive AWD is the pick for shoppers who want all-wheel drive without a hefty price tag. It's also the most popular trim in the lineup.
- Avg. market price: $35,418 (updated weekly)
- MPG/MPGe: 23 city / 32 hwy
- Inventory: 96 listings
- View 530i xDrive AWD listings
530e xDrive Hybrid Plug-in AWD — "Who It's For"
The 530e xDrive Hybrid Plug-in AWD is the pick for shoppers who want the benefits of hybrid technology with the added traction of AWD.
- Avg. market price: $37,943 (updated weekly)
- MPG/MPGe: 59 city / 67 hwy
- Inventory: 8 listings — lower availability; may limit negotiating room
- View 530e xDrive Hybrid Plug-in AWD listings
540i RWD — "Who It's For"
The 540i RWD is the pick for shoppers who want a powerful engine and luxury features without the complexity of AWD.
- Avg. market price: $37,943 (updated weekly)
- MPG/MPGe: 25 city / 32 hwy
- Inventory: 27 listings
- View 540i RWD listings
540i xDrive AWD — "Who It's For"
The 540i xDrive AWD is the pick for shoppers who want a sporty driving experience with the confidence of all-wheel drive.
- Avg. market price: $46,280 (updated weekly)
- MPG/MPGe: 22 city / 29 hwy
- Inventory: 56 listings
- View 540i xDrive AWD listings
M550i xDrive AWD — "Who It's For"
The M550i xDrive AWD is the pick for shoppers who want a high-performance luxury sedan with a powerful V8 engine.
- Avg. market price: $37,943 (updated weekly)
- MPG/MPGe: 17 city / 25 hwy
- Inventory: 26 listings
- View M550i xDrive AWD listings
Trim Recommendations
Most Popular — 530i xDrive AWD
With 96 active listings, the 530i xDrive AWD is the clear volume leader in the lineup.
Browse 530i xDrive AWD listings
Best Budget Option — 530i xDrive AWD
At $35,418 avg market price — below the lineup median of $37,943 — it's the most accessible entry point.
Browse 530i xDrive AWD listings
Best for Fuel Economy — 530e Hybrid Plug-in RWD
The 530e Hybrid Plug-in RWD offers impressive fuel efficiency with 59 city / 72 hwy MPG/MPGe.
Browse 530e Hybrid Plug-in RWD listings
These recommendations are based on CarGurus' proprietary market data from September 2, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 BMW 5 Series Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 BMW 5 Series prices has changed over time.
See more price trends2023 BMW 5 Series Pricing Analysis: Boston, MA Market Report
Pricing by Nearby Locations
Market Area: Boston, MA
Key Insights
- Highest Prices in Portsmouth, NH: The average price here is $40,364, likely reflecting a premium market with limited inventory.
- Lowest Prices in New Bedford, MA: At $36,146, this city offers the most competitive pricing, suggesting a more price-sensitive consumer base.
- Inventory Variability: Cities like Groton (191 listings) and Hartford (191 listings) have substantial inventory, which may contribute to more stable pricing around the regional average.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Portsmouth, NH | 156 | $40,364 |
| Manchester, NH | 177 | $39,579 |
| Worcester, MA | 182 | $37,840 |
| Groton, MA | 191 | $37,943 |
| Hartford, CT | 191 | $38,386 |
| Plymouth, MA | 175 | $36,899 |
| Chicopee, MA | 178 | $38,956 |
| Brattleboro, VT | 170 | $47,990 |
| Providence, RI | 174 | $36,192 |
| New Bedford, MA | 167 | $36,146 |
Pricing by Trim Packages
Key Insights
- AWD Trims Lead Inventory: The 530i xDrive AWD is the most available trim with 98 listings, indicating strong demand for all-wheel drive options.
- Price Range Across Trims: The M550i xDrive AWD is the highest priced at $81,500 MSRP, while the 530e xDrive Hybrid Plug-in AWD is the lowest at $59,900 MSRP, showcasing a significant price spread.
- Feature-Rich Trims: All trims include premium features such as navigation and blind spot monitoring, but the M550i offers additional luxury with a V8 engine, appealing to performance-oriented buyers.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| 530i RWD | 72 | $56,000 | RWD | 2.0L 248 hp I4 |
| 530i xDrive AWD | 98 | $58,300 | AWD | 2.0L 248 hp I4 |
| 540i xDrive AWD | 57 | $65,200 | AWD | 3.0L 335 hp I6 |
| 540i RWD | 27 | $62,900 | RWD | 3.0L 335 hp I6 |
| M550i xDrive AWD | 26 | $81,500 | AWD | 4.4L 523 hp V8 |
| 530e Hybrid Plug-in RWD | 25 | $57,600 | RWD | 2.0L 288 hp I4 Hybrid |
| 530e xDrive Hybrid Plug-in AWD | 8 | $59,900 | AWD | 2.0L 288 hp I4 Hybrid |
Pricing Analysis by Model Year
Key Insights
- Significant Depreciation for Older Models: The 2016 BMW 5 Series shows a steep decline with an average price of $13,017, reflecting a depreciation of -74.0% from its original MSRP.
- Best Value in Recent Models: The 2024 BMW 5 Series is priced at $47,289, which is -18.0% below its MSRP, indicating a favorable depreciation trend for newer models.
- Strong Demand for Newer Models: The 2026 BMW 5 Series is currently priced at $54,695, which is -9.0% below MSRP, suggesting robust demand for the latest offerings.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $60,500 | $54,695 | -9.0% |
| 2024 | $57,900 | $47,289 | -18.0% |
| 2022 | $54,200 | $27,759 | -48.8% |
| 2021 | $54,200 | $28,453 | -47.5% |
| 2020 | $53,900 | $25,057 | -53.6% |
| 2019 | $53,400 | $23,933 | -55.2% |
| 2018 | $52,650 | $19,463 | -63.0% |
| 2017 | $51,200 | $16,941 | -66.9% |
| 2016 | $50,200 | $13,017 | -74.0% |
| 2015 | $49,950 | $11,711 | -76.6% |
These recommendations are based on CarGurus' proprietary market data from September 3, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2023 BMW 5 Series cost?
| Metric | Value |
|---|---|
| Current Average Price | $38,656 |
| Year-Round Low | $38,494.63 |
| Year-Round High | $41,475.93 |
| Average Price a Year Ago | $41,484 |
| Change vs. Last Year | −6.82% |
Prices have softened 6.82% compared to this time last year, making it a favorable time to shop this model year.
There are 1,373 listings available, which suggests you have meaningful inventory to compare.
If you find a listing below $38,494.63, that's toward the low end of the year-round range and worth acting on quickly.
Is the 2023 BMW 5 Series a good car?
Yes — the 2023 BMW 5 Series earns a 5/5 user rating, which points to strong shopper satisfaction.
The overview describes it as a luxury sedan that leans more toward refinement and everyday comfort than older 5 Series models, while still keeping enough traditional BMW character to feel engaging. It also highlights a broad range of powertrains and a well-equipped package, which makes it appealing if you want a midsize luxury sedan that balances comfort with performance.
With 33.0% of listings marked as good or great deals, you have a decent chance of finding a competitive offer if you shop carefully.
Is the 2023 BMW 5 Series reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The overview points to a mature seventh-generation design with generous standard safety equipment and a refined, comfort-focused personality. It also notes that BMW’s systems can be complex to learn, so the ownership experience may depend on how comfortable you are with the car’s technology.
For used buyers, the main long-term risk is less about outright appeal and more about making sure the car’s condition and maintenance history match its premium positioning.
What should I look for when buying a used 2023 BMW 5 Series?
Accident-free inventory is solid at 88.6% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a pre-purchase inspection that checks the electronics, infotainment usability, and overall condition. Because this model emphasizes technology and comfort, you’ll want to make sure every feature works as intended and that the cabin and controls show normal wear for the mileage.
It also makes sense to compare trim and equipment carefully, since some of the best safety and convenience features were optional.
Is now a good time to buy a used 2023 BMW 5 Series?
This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on standout listings.
- Deal availability: 33.0% of listings are priced as good or great deals.
- Inventory: There are 1,373 listings available.
- Price trend: Prices have softened 6.82% compared with last year.
- Clean inventory: 88.6% of listings are accident-free.
If you find a listing below $38,494.63, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 BMW 5 Series's resale value?
The current average of $38,656 sits slightly below last year's $41,484.
That decline suggests the market has already adjusted downward, which can help you buy at a more favorable entry point today. For a future seller, that also means resale performance will depend heavily on how well you preserve condition, mileage, and documentation.
Because this model has strong owner satisfaction, demand should remain healthy for clean examples with the right equipment and history. Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2023 BMW 5 Series or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 33.0% of listings are priced as good or great deals.
- Accident-free inventory is solid at 88.6% — always verify the vehicle history report.
- Price trend: Prices have softened 6.82% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
Consider the 2024 if:
- At $44,580, the 2024 costs more than the current year's $38,656 average.
- It shifts toward a quieter, more comfort-focused driving experience.
The bottom line: If you want the better value, the 2023 is the stronger starting point because it combines a lower average price with solid deal availability and strong satisfaction. If you’re willing to pay more for the newer redesign and a more refined, comfort-first feel, the 2024 is the better secondary path for buyers who prioritize that newer-generation experience over price.
These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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