Used 2023 BMW M5 for Sale near Chicago, IL

## Summary - With 115 currently listed for sale on CarGurus and an **average price of $87,883.00**, 38.3% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals. - **87.0% of 2023 M5 models on CarGurus are accident free**. - The 2023 BMW M5 combines high-performance engineering with luxury finishes, making it a standout option for those seeking a refined yet powerful driving experience. ## Why it stands out The 2023 BMW M5 is emblematic of BMW's commitment to blending performance with luxury, a hallmark of the M series. This year’s model continues to uphold the M5's storied legacy, showcasing potent power delivery and razor-sharp handling thanks to its twin-turbocharged V8 engine. The M5’s sophisticated all-wheel-drive system provides exceptional grip, making it a formidable contender whether on the track or the street. Inside, the cabin is equipped with premium materials and advanced technology, featuring the latest in infotainment and driver assistance systems. However, prospective buyers should remain mindful of the ownership costs associated with such a high-performance vehicle, as maintenance can be substantial. ## Other model years to consider - **[2020 BMW M5](https://www.cargurus.com/Cars/l-Used-2020-BMW-M5-c29336)** - Average price: $75,088.00 - Good/great deal percentage: 33.3% - User rating: 5 / 5 - Total listings: 132 - **[2021 BMW M5](https://www.cargurus.com/Cars/l-Used-2021-BMW-M5-c30829)** - Average price: $99,999.00 - Good/great deal percentage: 40.2% - User rating: 5 / 5 - Total listings: 117 This analysis is based on CarGurus' proprietary market data from February 10, 2026, CarGurus experts' opinions, and generative AI.