How much does the 2024 BMW 5 Series cost?

Prices have softened 7.37% compared to this time last year, making it a favorable time to shop this model year.

There are 1,331 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $44,067.35, 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 7.0/10 expert rating. The standout strength is Form and function at 8/10.

The overview and test-drive notes point to a midsize luxury sedan that leans hard into refinement: you get a comfortable ride, a quiet cabin, and a polished feel that works well if you want a plush daily driver or long-distance cruiser. The trade-off is that it gives up some of the traditional BMW personality, and the driving experience is described as more muted and less emotionally engaging than you might expect from the badge.

The main compromises are poor fuel economy and not much cargo space with the spare tire. For you, that means the 5 Series makes the most sense if comfort, calmness, and technology matter more than sharp driver involvement.

The market shows 33.5% of listings as good or great deals, which suggests there are still some attractive opportunities if you shop carefully.

Is the 2024 BMW 5 Series reliable?

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

The 2024 5 Series is presented as a refined, capable luxury sedan with a quiet cabin and a supple ride, and its powertrain is described as quiet, smooth, and effortless in everyday driving. The 48-volt mild-hybrid system also supports efficiency, which helps the car feel more modern and polished in normal use.

BMW also includes complimentary scheduled maintenance for three years or 36,000 miles, which is a useful ownership perk for a used buyer. Even so, the car’s long-term ownership risk is tied more to its complexity and premium-car running costs than to any obvious durability red flag.

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

Accident-free inventory is solid at 89.9% — always verify the vehicle history report.

You should still check the history report carefully, because even a strong accident-free rate does not replace a proper vehicle-by-vehicle review. Prioritize a pre-purchase inspection that focuses on electronics, cabin condition, and any signs of heavy use, since this car leans heavily on technology and touch-sensitive controls. It also makes sense to confirm that the features you care about are actually present, because some of the most advanced driver-assistance equipment is optional.

Key things to evaluate:

• Trim level: The 530i is the entry point, and it can feel less satisfying if you want the most expressive BMW personality. The cabin is modern and elegant, but some surfaces create glare and the touch-sensing controls can be aggravating.
• 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. It is smooth and quiet, but fuel economy fell short of expectations in testing.
• 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. Driving Assistant Professional adds adaptive cruise control, lane-centering assist, evasive steering assist, lane-change assist, emergency stop assist, Distance Control, and Highway Assistant with Active Lane Change.
• Infotainment: You get a 12.3-inch digital instrument panel and a 14.9-inch touchscreen under the curved display, plus wireless Apple CarPlay, Android Auto, wireless charging, and BMW Operating System 8.5. The Premium Package adds a head-up display and Natural Interaction.
• Fuel efficiency: The 530i returned 24.7 mpg on the evaluation loop and averaged 26.7 mpg during the week, both below the official 30 mpg combined estimate.

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:

• Base trim: The 530i gives you the core luxury-sedan experience, but it is also the version most likely to leave you wanting more of the traditional BMW spark. It comes standard with Active Driving Assistant, yet the more advanced driver-assistance package is extra.
• Premium/top trim: The 540i is the more compelling choice if you want more performance and a richer overall experience, though the provided data still emphasizes the 530i’s refinement and technology more directly.

The safety package note to keep in mind is that Active Driving Assistant is standard, while Driving Assistant Professional is 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 patiently and still find worthwhile listings.

• Deal availability: 33.5% of listings are priced as good or great deals.
• Inventory: There are 1,331 listings available.
• Price trend: Prices have softened 7.37% compared with last year.
• Clean inventory: 89.9% of listings are accident-free.

If you find a listing below $44,067.35, 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 $44,489 sits slightly below last year's $48,027.

That price movement suggests the market has already adjusted downward, which can help you as a buyer now but may also limit upside if you plan to resell soon. For a future seller, the key takeaway is that this model year is not showing strong appreciation pressure, so condition and equipment will matter a lot when it comes time to trade or sell.

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 called out here is Top Safety Pick from 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.

If you want more advanced assistance, the Driving Assistant Professional Package adds adaptive cruise control, lane-centering assist, evasive steering assist, lane-change assist, emergency stop assist, Distance Control, and Highway Assistant with Active Lane Change. The test car did not have that package, so those features are not part of the standard setup.

The main safety 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:

• 33.5% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.9% — always verify the vehicle history report.
• Price trend: Prices have softened 7.37% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2024 model emphasizes refinement, comfort, and technology, with a quiet cabin and a supple ride.

The bottom line: If you want the newest version of the 5 Series with modern tech, a polished ride, and a softer price trend, the 2024 is the right place to start. If you are more price-sensitive, a nearby model year may be worth considering, but this one already shows a meaningful discount from last year and enough inventory to shop selectively.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.