How much does the 2023 BMW X5 cost?

Prices have softened 12.28% compared to this time last year, making it a favorable time to shop this model year.

There are 3,790 listings available, which gives you a solid amount of inventory to compare.

If you find a listing below $42,628.12, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 BMW X5 a good car?

Yes — the 4.75/5 user rating suggests you’re looking at a model year that owners rate highly.

That kind of feedback points to strong overall satisfaction, and the market also shows 35.5% of listings are priced as good or great deals.

Is the 2023 BMW X5 reliable?

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

For used buyers, that suggests you should focus less on broad reputation and more on how well each individual vehicle has been maintained.

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

Accident-free inventory is excellent at 90.5% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection before you commit. Focus on condition details that matter most on a used luxury SUV, including maintenance records, tire wear, brake condition, and any signs of prior repair work.

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

This looks like a moderate market where selective buyers can still find value if they shop carefully.

• Deal availability: 35.5% of listings are priced as good or great deals.
• Inventory: There are 3,790 listings available.
• Price trend: Prices have softened 12.28% compared with last year.
• Clean inventory: 90.5% of listings are accident-free.

If you find a listing below $42,628.12, 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 $42,605 sits slightly below last year's $48,571.

That price movement suggests the model year has already absorbed a meaningful amount of depreciation, which can help future resale stability if you buy at the right price. If you keep the vehicle in strong condition and avoid overpaying now, you may have a better chance of limiting your loss later. Demand should remain supported by the model's strong owner satisfaction.

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:

• 35.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.5% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 12.28% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $53,611, the 2024 costs more than the current year's $42,605 average.
• It adds a plug-in hybrid option with about 40 miles of electric-only range.

The bottom line: If you want the better value play, the 2023 is the stronger starting point because pricing has softened and inventory quality looks solid. If you’re willing to pay more for the newer year and want the plug-in hybrid option, the 2024 is the better fit; otherwise, the 2023 should be your primary target.

These recommendations are based on CarGurus' proprietary market data from August 14, 2026, CarGurus experts' opinions, and generative AI.