How much does the 2024 BMW X5 cost?

Prices have softened 7.54% compared to this time last year, making it a favorable time to shop this model year.

With 3,651 listings available, you have a solid amount of inventory to compare across trims and equipment levels.

If you find a listing below $52,885.29, 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 a 7.67/10 expert rating. The standout strength is Performance at 10/10.

Owners consistently praise its smooth hybrid performance, impressive technology, and comfort. The review summary also points to hands-free driving and electric range as standout features, while noting that the X5 remains a strong fit if you want a luxury SUV that still feels rewarding to drive.

The trade-offs are that some drivers feel it does not differ much from the previous model and are not fully satisfied with the color choices. In practice, that means you should expect a familiar formula rather than a dramatic reinvention.

For you, the X5 makes the most sense if you want a midsize luxury SUV that balances driving enjoyment with family-friendly practicality. Good and great deals account for 35.5% of listings, which gives you some room to shop selectively.

Is the 2024 BMW X5 reliable?

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

The owner summary points to a dependable-feeling ownership experience, with praise centered on comfort, smooth hybrid operation, and technology that owners enjoy living with over time. The expert evaluation also emphasizes the X5’s precise assembly and the sense that it is screwed together with care.

BMW also includes complimentary scheduled maintenance for three years or 36,000 miles, plus four years of roadside assistance, which helps reduce early ownership friction. For used buyers, the main long-term risk is that a premium SUV with advanced tech and complex powertrains can be costly if prior maintenance was neglected.

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

Accident-free inventory is excellent at 92% — 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-spec example with more equipment. Focus on overall condition, because the X5’s appeal depends heavily on how well the interior, electronics, and drivetrain have been maintained.

Key things to evaluate:

• Trim level: The base setup lacks some of the visual and equipment upgrades that make the X5 feel especially upscale, and the M Sport treatment is not universally loved. Optional 21-inch wheels can improve appearance, but they may bring higher tire replacement costs.
• Powertrain: You can shop turbocharged six-cylinder, plug-in hybrid, turbocharged V8, and higher-performance V8 versions. The plug-in hybrid stands out for its 483 horsepower, 38 miles of electric-only range, and 22 mpg combined estimate.
• Safety package: Highway Assistant is the named hands-free driving system, and it works with Assisted Driving Plus cruise control. It is best in dense slow traffic or light high-speed traffic, but it can brake abruptly in some situations.
• Infotainment: The BMW Curved Display combines a 12.3-inch digital instrument panel with a 14.9-inch touchscreen. Wireless Apple CarPlay, Android Auto, and over-the-air updates are included.
• Fuel efficiency: The plug-in hybrid is rated at about 22 mpg combined and can travel about 38 miles on electricity alone. BMW also says the battery can be recharged at up to 7.4 kilowatts on AC power.

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 rear-wheel-drive entry model starts the lineup, but you will need to pay extra for xDrive all-wheel drive and many of the features that make the X5 feel fully equipped.
• Sweet-spot trim: The xDrive50e is the best all-around choice if you want the strongest mix of performance, efficiency, and everyday usability. It adds plug-in hybrid capability, strong acceleration, and meaningful electric range.
• Premium/top trim: The M60i is the step-up choice if you want a turbocharged V8 and more outright performance, but it comes at a much higher price.
• Off-road trim: None of the trims are positioned as a dedicated off-road choice, so daily drivers should focus on the powertrain and equipment balance instead.

BMW’s Highway Assistant is available for 2024, but you should not assume every example has the same driver-assistance equipment.

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

This is a moderate market for selective buyers, so you can shop carefully without expecting deep distress pricing.

• Deal availability: 35.5% of listings are priced as good or great deals.
• Inventory: There are 3,651 listings available.
• Price trend: Prices have softened 7.54% compared with last year.
• Clean inventory: 92.0% of listings are accident-free.

If you find a listing below $52,885.29, 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 $54,081 sits slightly below last year's $58,494.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently today. For a future seller, it also means the X5 may face some depreciation pressure if pricing stays soft and newer examples continue to compete on features.

The good news is that strong owner satisfaction can support demand when it is time to sell. 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 gave the 2024 X5 high ratings, although lower headlight ratings kept it from earning an IIHS safety award. The National Highway Traffic Safety Administration gives it an overall four-star crash-test rating.

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

BMW’s Highway Assistant is the headline driver-assistance feature for 2024, and it works with Assisted Driving Plus cruise control. The system can be subtle and effective in the right conditions, especially in slow traffic or light highway traffic, but it can also brake abruptly or react too aggressively to roadside objects.

That means you should treat it as a helpful aid rather than a substitute for attentive driving. If you are shopping used, make sure the specific vehicle you are considering has the safety equipment you expect, because advanced safety features are not standard across the lineup.

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:

• 35.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.54% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• The 2024 adds Highway Assistant and a more modern curved display.

Consider the 2025 if:

• At $62,174, the 2025 costs more than the current year's $54,081 average.
• It adds a 25th-anniversary limited edition.

The bottom line: If you want the better value, the 2024 is the smarter buy because pricing has softened and the feature set is strong. If you are willing to pay more for a newer model year, the 2025 is the cleaner choice, but price-sensitive buyers should focus on the 2024 while inventory and deal availability remain favorable.

These recommendations are based on CarGurus' proprietary market data from July 31, 2026, CarGurus experts' opinions, and generative AI.