How much does the 2024 BMW X5 cost?

Prices have softened 7.58% compared to this time last year, making it a favorable time to shop this model year.

There are 3,735 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $52,884.16, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW X5 a good car?

Yes — the 2024 BMW X5 earns a 4.83/5 user rating, and our experts rate it 7.67/10.

The standout strength is Performance at 10/10.

Owners consistently praise its smooth hybrid performance, comfort, and impressive technology, and they also highlight hands-free driving and electric range as standout features. The X5’s broader appeal comes from its engaging driving character and premium feel, which fit well if you want a luxury midsize SUV that still feels rewarding behind the wheel. The main trade-offs are poor voice recognition and the fact that advanced safety features are not standard, while the model’s overall value proposition is less compelling than its strengths suggest.

With 36.6% of listings marked as good or great deals, there is enough market activity to shop selectively.

Is the 2024 BMW X5 reliable?

Owners rate it 4.83/5, a strong signal of long-term satisfaction.

Owners describe it as dependable and appreciate its smooth hybrid performance, comfort, and technology, which points to a vehicle that many buyers feel confident living with over time. The feedback also suggests it can be a trouble-free choice for shoppers who value a refined daily driver with strong long-term appeal. BMW’s complimentary scheduled maintenance for three years or 36,000 miles also helps reduce early ownership friction.

For used buyers, the main long-term risk is that premium ownership costs can still add up once the free maintenance window ends.

What should I look for when buying a used 2024 BMW X5?

Accident-free inventory is excellent at 91.9% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially if you are considering a higher-mileage example or one with optional equipment. Focus on how the vehicle presents inside and out, how the electronics behave, and whether the driving aids operate smoothly in real-world use. If you are shopping a plug-in hybrid, pay extra attention to charging behavior and how the powertrain transitions between electric and gasoline operation.

Key things to evaluate:

• Trim level: The X5’s styling has aged well, but the M Sport treatment changes the look substantially, and the optional 21-inch wheels are worth evaluating carefully because replacement tires can be costly.
• Powertrain: You can shop turbocharged inline-six, turbo-six plug-in hybrid, turbocharged V8, and higher-performance turbo V8 versions, with the plug-in hybrid offering about 40 miles of electric-only range and strong overall power.
• Safety package: Highway Assistant is the named hands-free driving assistance system, and it works best in dense, slow traffic or light traffic at higher speeds. Advanced safety features are not standard.
• Infotainment: The cabin uses a 12.3-inch digital instrumentation panel paired with a 14.9-inch touchscreen, wireless Apple CarPlay and Android Auto, and over-the-air software updates.
• Fuel efficiency: The plug-in hybrid is rated at 22 mpg combined, and BMW says it can travel about 38 miles on electric power alone.

Which 2024 BMW X5 trim should I buy?

The 2024 BMW X5 is offered in 4 trim levels: sDrive40i, xDrive40i, xDrive50e, M60i.

Here's the short version:

• Base trim: The sDrive40i gives you the core X5 experience, but you give up all-wheel drive unless you move up, and advanced safety features are not standard.
• Sweet-spot trim: The xDrive50e is the best value if you want the most compelling mix of performance, efficiency, and everyday usability, plus the strongest expert endorsement.
• Premium/top trim: The M60i adds a turbocharged V8 and more performance, but it is the pricier choice for buyers who want extra power above all else.

The Highway Assistant safety tech is a meaningful addition for 2024, but it can behave inconsistently in heavier traffic.

Is now a good time to buy a used 2024 BMW X5?

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

• Deal availability: 36.6% of listings are priced as good or great deals.
• Inventory: There are 3,735 listings available.
• Price trend: Prices have softened 7.58% compared with last year.
• Clean inventory: 91.9% of listings are accident-free.

If you find a listing below $52,884.16, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW X5's resale value?

The current average of $53,321 sits slightly below last year's $57,696.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently today but may also limit near-term upside if you plan to resell soon. For a future seller, the current trend means you should expect buyers to remain price sensitive unless your X5 is especially well equipped or exceptionally clean. Strong demand for the model’s driving character and premium cabin should still support interest over time.

Vehicles with strong owner satisfaction ratings, like this model year's 4.83/5, tend to retain buyer demand, which supports resale value over time.

Is the 2024 BMW X5 safe?

The Insurance Institute for Highway Safety (IIHS) gave the 2024 X5 high ratings, although lower headlight ratings prevented it from earning an IIHS safety award. The National Highway Traffic Safety Administration (NHTSA) gives the 2024 X5 an overall crash-test rating of four-star.

It earns a 7/10 safety score from our experts.

BMW adds Highway Assistant hands-free driving assistance for 2024, and it works through the infotainment safety menu and steering-wheel cruise controls. The system is designed to operate in the background and can be especially effective in dense, slow traffic or light traffic at higher speeds. Standard feature coverage is not as generous as some rivals, and the system can brake abruptly in some situations, so you should treat it as a helpful aid rather than a reason to relax your attention.

Should I buy a 2024 BMW X5 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:

• 36.6% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.9% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.58% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• The 2024 update adds Highway Assistant and a more modern curved display cabin.

Consider the 2025 if:

• At $61,312, the 2025 costs more than the current year's $53,321 average.
• It carries over unchanged aside from a limited-edition 25th anniversary model.

The bottom line: If you want the better value, the 2024 is the smarter buy because it combines a lower average price with strong owner satisfaction and meaningful updates. If you are willing to pay more for a newer model year without needing major changes, the 2025 is the simpler alternative.

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