Summary

• With 115 currently listed for sale and an average price of $86,523.00, 36.5% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.

• 82.6% of 2023 M5 models on CarGurus are accident free.

• The 2023 BMW M5 continues a legacy of high-performance luxury, with advanced technology and superior handling, along with a powerful twin-turbo V8 engine.

Why it stands out

The 2023 BMW M5 is a hallmark of luxury and performance, praised for its finely tuned balance of power and handling, achieved through its twin-turbocharged 4.4-liter V8 engine that offers exceptional acceleration and speed. This iteration combines traditional BMW luxury with cutting-edge technology, maintaining a focus on driver engagement and quality that spans its decades-long legacy. Not only does the M5 provide supercar-level performance, but it also incorporates a wealth of modern features, from advanced infotainment systems to comfort amenities that enhance the driving experience. However, potential buyers should be ready for the associated high costs of ownership, including maintenance and repairs, typical of high-performance vehicles.

Other model years to consider

• 2026 BMW M5

  • Average price: $123,319.00
  • Good/great deal percentage: 41.2%
  • Total listings: 187

• 2019 BMW M5

  • Average price: $56,490.00
  • Good/great deal percentage: 28.6%
  • User rating: 5 / 5
  • Total listings: 126

• 2025 BMW M5

  • Average price: $119,039.00
  • Good/great deal percentage: 41.2%
  • Total listings: 187

This analysis is based on CarGurus' proprietary market data from April 27, 2026, CarGurus experts' opinions, and generative AI.