Used 2024 BMW 5 Series for Sale nearPhoenix, AZ

Compare 2024 BMW 5 Series Trims in Phoenix, AZ

The 2024 BMW 5 Series offers a blend of luxury and performance, with options ranging from the budget-friendly 530i xDrive AWD to the powerful 540i xDrive AWD.

• Starting at $37,884
• Best MPG/MPGe: 27 city / 35 hwy
• Most Popular: 530i RWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

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Trim Deep Dives

530i RWD — "Who It's For"

The 530i RWD is the pick for shoppers who want a luxury sedan with a strong feature set without stepping up to a higher price point.

• Avg. market price: $42,081 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 119 listings — widest selection in the lineup
• View 530i RWD listings

530i xDrive AWD — "Who It's For"

The 530i xDrive AWD is the pick for shoppers who want all-wheel drive capability without paying for the higher trims.

• Avg. market price: $37,884 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 33 listings
• View 530i xDrive AWD listings

540i xDrive AWD — "Who It's For"

The 540i xDrive AWD is the pick for shoppers who want a powerful engine and luxury features without compromising on performance.

• Avg. market price: $41,381 (updated weekly)
• MPG/MPGe: 26 city / 33 hwy
• Inventory: 21 listings
• View 540i xDrive AWD listings

Trim Recommendations

Most Popular — 530i RWD

With 119 active listings, the 530i RWD is the clear volume leader in the lineup.

Browse 530i RWD listings

Best Budget Option — 530i xDrive AWD

At $37,884 avg market price — below the lineup median of $41,381 — it's the most accessible entry point.

Browse 530i xDrive AWD listings

Best for Fuel Economy — 530i RWD

The 530i RWD offers the best fuel economy in the lineup with 27/35 MPG.

Browse 530i RWD listings

These recommendations are based on CarGurus' proprietary market data from September 2, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2024 BMW 5 Series cost?

Prices have softened 6.40% compared to this time last year, making it a favorable time to shop this model year.

There are 1,243 listings available, which suggests solid inventory availability.

If you find a listing below $44,015.97, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW 5 Series a good car?

Yes — the 2024 BMW 5 Series earns a 5/5 user rating and a 7.00/10 expert rating. The standout strength is Form and function at 8/10.

It comes across as a capable sports sedan that also works as a plush people mover, with a comfortable ride and a quiet cabin standing out as its strongest traits. At the same time, the expert evaluation says it misses some of the joy many buyers expect from a BMW, so the appeal is more about refinement than traditional driver engagement.

The main trade-offs are poor fuel economy and not much cargo space with the spare tire. If you want a midsize luxury sedan that prioritizes calmness, comfort, and polish over excitement, this one fits that use case well.

34.1% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 BMW 5 Series reliable?

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

The 2024 BMW 5 Series is presented as quiet, comfortable, and capable, with a refined powertrain and a supple ride quality that should help it feel easy to live with over time. Its turbocharged four-cylinder is described as quiet and smooth, and the eight-speed automatic shifts almost imperceptibly, which supports a polished ownership experience.

BMW also includes complimentary scheduled maintenance for three years or 36,000 miles, which helps reduce early ownership costs. For used buyers, the bigger long-term risk is less about basic durability and more about whether you’ll be satisfied with its muted driving character and higher running costs.

What should I look for when buying a used 2024 BMW 5 Series?

Accident-free inventory is solid at 89.5% — always verify the vehicle history report.

You should still check the history report carefully and prioritize a pre-purchase inspection, especially if the car has been optioned heavily or shows signs of cosmetic wear. Focus on cabin condition, control usability, and whether the car’s technology and ride quality still feel as polished as they should in a luxury sedan.

Key things to evaluate:

• Trim level: The 530i M Sport test car shows that the base setup already looks and feels upscale, but the M Sport treatment adds more visual presence and a more athletic appearance. The cabin uses the BMW Curved Display and a modern, minimalist layout, though reflections, glare, and touch-sensing controls can make everyday use more frustrating than you might expect.
• Powertrain: The 530i uses a turbocharged 2.0-liter four-cylinder with 255 horsepower and 295 lb-ft of torque, plus a 48-volt mild-hybrid system for added efficiency. It is smooth, quiet, and strong enough for freeway merging and passing, even if it does not deliver the emotional connection some BMW shoppers want.
• Safety package: Active Driving Assistant is standard and includes forward-collision warning with automatic emergency braking, lane-departure warning with lane-keeping assist, and blind-spot monitoring. BMW Assist eCall is also standard. Driving Assistant Professional adds adaptive cruise control, lane-centering assist, evasive steering assist, lane-change assist, and emergency stop assist, but those features are optional.
• Infotainment: The cabin centers on a 12.3-inch digital instrument panel and a 14.9-inch touchscreen running BMW Operating System 8.5. Wireless Apple CarPlay and Android Auto are included, along with connected services, a personal eSIM 5G connection, SiriusXM 360L, navigation, and wireless smartphone charging.
• Fuel efficiency: The 530i returned 24.7 mpg on the evaluation loop and averaged 26.7 mpg during the weeklong test, while BMW estimates 30 mpg in combined driving.

Which 2024 BMW 5 Series trim should I buy?

The 2024 BMW 5 Series is offered in 2 trim levels: 530i, 540i.

Here's the short version:

• 530i: This is the trim to focus on if you want the best value in the lineup. It delivers the core 5 Series experience with a turbocharged four-cylinder, a refined ride, and the full modern cabin tech setup, while still keeping the price lower than the six-cylinder model.
• 540i: Choose this if you want more power and are willing to pay for it. The available lineup information identifies it as the higher gas-powered trim, so it makes sense for buyers who want a stronger performance cushion rather than the most affordable path into the car.

BMW’s standard safety setup includes Active Driving Assistant and BMW Assist eCall, while the more advanced Driving Assistant Professional Package remains optional.

Is now a good time to buy a used 2024 BMW 5 Series?

This looks like a moderate, selective buyer’s market, so you can shop carefully without feeling rushed.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 1,243 listings available.
• Price trend: Prices have softened 6.40% compared with last year.
• Clean inventory: 89.5% of listings are accident-free.

If you find a listing below $44,015.97, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW 5 Series's resale value?

The current average of $44,580 sits slightly below last year's $47,628.

That price movement suggests the market has already adjusted downward, which can help you as a buyer now but may limit upside if you plan to resell soon. A softer current market often means future sellers need to price competitively to stand out, especially in a segment where shoppers have alternatives.

The good news is that the model still has strong appeal for buyers who want comfort, quietness, and a premium feel. Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2024 BMW 5 Series safe?

The only crash-test rating mentioned for this model is a Top Safety Pick from the IIHS.

It earns a 6/10 safety score from our experts.

BMW equips the 530i with Active Driving Assistant, which includes forward-collision warning with automatic emergency braking, lane-departure warning with lane-keeping assist, and blind-spot monitoring. BMW Assist eCall is also standard, adding automatic collision notification and an SOS emergency request button.

For more advanced assistance, the optional Driving Assistant Professional Package adds adaptive cruise control, lane-centering assist, evasive steering assist, lane-change assist, and emergency stop assist. The main caveat is that the car does not earn the higher Top Safety Pick+ rating because it has not been assessed in a new moderate-overlap frontal-impact evaluation.

Should I buy a 2024 BMW 5 Series or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 34.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.5% — always verify the vehicle history report.
• Price trend: Prices have softened 6.40% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2024 model is positioned as a refined, comfort-first midsize luxury sedan with a quiet cabin and a supple ride.

The bottom line: If you want the newest version with modern tech, strong comfort, and a softer used-market price than last year, the 2024 is the better primary choice. If you are especially price-sensitive, you may want to compare nearby years for a lower entry cost, but the 2024 already shows meaningful value in today’s market.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.