How much does the 2024 BMW X5 cost?

Prices have softened 7.38% compared to this time last year, making it a favorable time to shop this model year.

There are 3,803 listings available, which suggests you have room to compare prices and equipment.

If you find a listing below $52,891.97, 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 — owners rate it 4.83/5, and the expert rating is 7.67/10.

The standout strength is Performance at 10/10.

Owners repeatedly praise the X5 for its impressive technology, smooth hybrid performance, and comfort. Hands-free driving and electric range are also recurring positives.

The main trade-offs are that it does not feel dramatically different from the previous model and some drivers are not fully satisfied with the color choices. The expert review also points to poor voice recognition technology and a value proposition that may feel stretched.

With 36.2% of listings marked as good or great deals, you have a decent chance of finding a competitive price.

Is the 2024 BMW X5 reliable?

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

The owner feedback points to a vehicle that feels dependable, comfortable, and satisfying over time, with technology and hybrid operation standing out as strengths. The expert review also describes the X5 as well screwed together, with a high-quality interior and a refined driving character that supports confidence in daily use.

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 powertrain hardware can be costly if prior maintenance was skipped.

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

Accident-free inventory is excellent at 92.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report, verify service records, and prioritize a pre-purchase inspection, especially on a premium SUV with advanced driver-assistance and hybrid hardware. Focus on how the cabin electronics, charging behavior, and driver aids operate in real-world use. Pay close attention to tire condition, brake feel, and any signs that the vehicle has seen hard use or inconsistent maintenance.

Key things to evaluate:

• Trim level: The X5 lineup includes the xDrive40i, xDrive50e, M60i, and X5 M Competition. The base six-cylinder and plug-in hybrid versions can be paired with Sport or M Sport trim packages, while the M Sport treatment changes the look and can bring a more aggressive appearance. The expert review also notes that advanced safety features are not standard.
• Powertrain: You can choose a turbocharged inline six-cylinder, a turbo-six plug-in hybrid, a turbocharged V8, or a higher-output turbo V8 in the X5 M Competition. The plug-in hybrid version delivers 38 miles of electric-only driving, 22 mpg in combined driving, 483 horsepower, and 516 pound-feet of torque.
• Safety package: BMW adds Highway Assistant hands-free driving assistance for 2024. It works with Assisted Driving Plus cruise control mode, and the system uses indicators in the digital display or head-up display to show when it is ready. The expert review also notes that the system is not always smooth in moderate freeway traffic and can brake abruptly at times.
• Infotainment: The BMW Curved Display combines a 12.3-inch digital instrument panel with a 14.9-inch touchscreen. It includes wireless Apple CarPlay and Android Auto, over-the-air software updates, connected services, and a cloud-based navigation system.
• Fuel efficiency: BMW says the plug-in hybrid should return 22 mpg in combined driving, and the review recorded 33.7 mpg on one mixed journey and 38.8 mpg on an evaluation drive. It also notes that a Level 2 home charger is the best way to maximize the PHEV’s electric range.

Which 2024 BMW X5 trim should I buy?

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

Here's the short version:

• Base trim: The xDrive40i is the entry point, but the review makes clear that advanced safety features are not standard, so you should expect to pay extra for more capability and convenience.
• Sweet-spot trim: The xDrive50e is the best all-around choice if you want the strongest blend of performance, electric driving range, and everyday usability.
• Premium/top trim: The M60i and X5 M Competition add more power, but they move you farther away from the X5’s balanced sweet spot and into pricier territory.
• Off-road trim: None of the trims is presented as a dedicated off-road choice.

BMW’s Highway Assistant is a notable safety-package addition for 2024, but it is not a substitute for attentive driving.

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

This is a moderate market for selective buyers, with enough inventory to shop carefully but not so much that every listing is deeply discounted.

• Deal availability: 36.2% of listings are priced as good or great deals.
• Inventory: There are 3,803 listings available.
• Price trend: Prices have softened 7.38% compared with last year.
• Clean inventory: 92.3% of listings are accident-free.

If you find a listing below $52,891.97, 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 $53,961 sits slightly below last year's $58,261.

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 your resale outcome will depend heavily on condition, mileage, and equipment rather than broad market momentum alone. Well-kept examples with desirable features should hold buyer interest better than neglected ones.

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 2024 X5 earns an IIHS high rating, and the NHTSA gives it a four-star overall crash-test rating.

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

BMW’s Highway Assistant hands-free driving system is standard for 2024, and it works with Assisted Driving Plus cruise control mode. The system can be very effective in slow traffic and on open roads, and the head-up display does a good job showing driver-assistance status.

The caveat is that the system can behave awkwardly in moderate freeway traffic and may brake abruptly without clear cause. The IIHS also kept the X5 from earning a safety award because of lower headlight ratings.

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:

• 36.2% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.38% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• BMW added Highway Assistant hands-free driving assistance for this year.

Consider the 2025 if:

• At $62,134, the 2025 costs more than the current year's $53,961 average.
• It gets a 25th-anniversary limited edition.

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 tech updates. If you care more about buying the newest version and can absorb the higher price, the 2025 is the cleaner choice.

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