Summary

• With 104 currently listed for sale and an average price of $85,713.00, 33.7% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.

• 80.8% of 2023 M5 models on CarGurus are accident-free.

• The 2023 BMW M5 continues to offer supercar performance in a luxury sedan with advanced technology and exceptional handling, making it a strong choice for enthusiasts.

Why it stands out

The 2023 BMW M5 exemplifies the pinnacle of performance and luxury within the executive sedan segment. Known for its powerful twin-turbocharged V8 engine, which delivers an impressive performance, the M5 combines athletic handling with the comfort and refinements expected from a premium brand. This generation maintains many features that BMW enthusiasts appreciate, such as rear-wheel drive dynamics and a refined interior with the latest technology including an advanced infotainment system. The M5's balance between everyday usability and high-performance capabilities makes it particularly appealing to drivers who desire both excitement and luxury in their daily commutes. However, potential buyers should be prepared for the high costs associated with purchasing, maintaining, and repairing this elite model.

Other model years to consider

• 2025 BMW M5

  • Average price: $118,494.00
  • Good/great deal percentage: 30.6%
  • Total listings: 186

• 2026 BMW M5

  • Average price: $122,034.00
  • Good/great deal percentage: 30.6%
  • Total listings: 186

• 2019 BMW M5

  • Average price: $56,140.00
  • Good/great deal percentage: 28.9%
  • User rating: 5 / 5
  • Total listings: 128

This analysis is based on CarGurus' proprietary market data from May 11, 2026, CarGurus experts' opinions, and generative AI.