Used 2023 BMW X5 for Sale nearColumbia, SC

How much does the 2023 BMW X5 cost?

Prices have softened 14.71% compared to this time last year, making it a favorable time to shop this model year.

There are 3,487 listings available, which suggests you have a meaningful amount of inventory to compare.

Is the 2023 BMW X5 a good car?

Yes — the 2023 BMW X5 earns a 4.75/5 user rating, which points to strong owner satisfaction. It stands out as a luxury midsize SUV that still leans into BMW’s driving-focused identity, while also giving you two rows, seating for five, generous cargo space, and outstanding visibility. If you want a family-friendly SUV that still feels engaging on the road, this model year fits that brief well. The market also shows 39.2% of listings as good or great deals, which gives you some room to shop selectively.

Is the 2023 BMW X5 reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The 2023 X5’s overview points to improved reliability in newer versions, which is encouraging if you want a used luxury SUV with a stronger ownership reputation than older examples. Even so, it can still be costly to own, especially if you shop V8-powered versions that are not fuel-efficient. For used buyers, the main long-term risk is higher maintenance and operating expense rather than a lack of appeal.

What should I look for when buying a used 2023 BMW X5?

Accident-free inventory is solid at 89.4% — always verify the vehicle history report.

You should still prioritize a full history report and confirm that the specific vehicle has no hidden collision or title issues. Put the inspection focus on overall condition, especially because this is a luxury SUV where repair costs can climb quickly if wear items have been neglected. It also makes sense to check that the cargo area and split tailgate operate cleanly, since the design can affect everyday usability.

Is now a good time to buy a used 2023 BMW X5?

This is a moderate buyer’s market, so you can shop selectively and still find worthwhile options.

• Deal availability: 39.2% of listings are priced as good or great deals.
• Inventory: There are 3,487 listings available.
• Price trend: Prices have softened 14.71% compared with last year.
• Clean inventory: 89.4% of listings are accident-free.

If you find a listing below $40,284, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 BMW X5's resale value?

The current average of $40,284 sits slightly below last year's $47,229.

That price drop suggests the market has already adjusted downward, which can help you buy at a more favorable entry point today. For a future seller, the softer pricing means resale upside may be more limited unless the vehicle is especially well kept and attractively equipped. Strong condition and clean history matter more when the broader market has already moved lower.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 BMW X5 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:

• 39.2% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.4% — always verify the vehicle history report.
• Price trend: Prices have softened 14.71% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $50,871, the 2024 costs more than the current year's $40,284 average.
• It adds a plug-in hybrid with about 40 miles of electric-only range.

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 owner satisfaction. If you are willing to pay more for the newer model’s plug-in hybrid efficiency, the 2024 is the better path for price-insensitive buyers.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.