How much does the 2023 BMW X5 cost?

Prices have softened 11.98% compared to this time last year, making it a favorable time to shop this model year.

There are 3,853 listings available, which suggests you should have room to compare options.

If you find a listing below $42,906.36, 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 points to strong owner satisfaction for this model year.

That kind of feedback usually means you can shop with confidence, especially if you prioritize well-kept examples.

36.1% of listings are priced as good or great deals, so there are still worthwhile opportunities if you compare carefully.

Is the 2023 BMW X5 reliable?

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

For used buyers, that usually means your biggest ownership risk is less about the model’s reputation and more about how well a specific example was 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, especially on higher-mileage or heavily optioned examples. Focus on overall condition, maintenance records, and any signs of uneven wear so you can separate a well-kept SUV from one that has been used hard.

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: 36.1% of listings are priced as good or great deals.
• Inventory: There are 3,853 listings available.
• Price trend: Prices have softened 11.98% compared with last year.
• Clean inventory: 90.5% of listings are accident-free.

If you find a listing below $42,906.36, 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 $42,887 sits slightly below last year's $48,726.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable point today. If you plan to sell later, a lower entry price can reduce the risk of overpaying now and taking a bigger hit at resale. Strong condition and clean history will matter even more if you want to protect value over time.

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:

• 36.1% 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 11.98% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $53,961, the 2024 costs more than the current year's $42,887 average.
• It adds a plug-in hybrid option with about 40 miles of electric-only range.

The bottom line: You should start with the 2023 if you want the better value and a broad pool of listings to compare. If you’re price-sensitive, the 2023 is the smarter first stop; if you want the newer model-year premium and the plug-in hybrid angle, the 2024 is the alternative to cross-shop.

These recommendations are based on CarGurus' proprietary market data from August 7, 2026, CarGurus experts' opinions, and generative AI.