Used 2024 BMW X5 for Sale nearChicago, IL

How much does the 2024 BMW X5 cost?

Prices have softened 8.11% compared to this time last year, making it a favorable time to shop this model year.

There are 3,475 listings available, which gives you a solid pool of options to compare.

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. The available hands-free driving and electric range also come through as recurring positives, which fits a luxury midsize SUV that still puts driving enjoyment at the center of the experience.

The main trade-offs are that it does not feel dramatically different from the previous model and the color choices leave some owners wanting more. In practical terms, this is a premium SUV for you if you want a refined, engaging daily driver with hybrid efficiency rather than just a comfortable family hauler.

Only 37.3% of listings are priced as good or great deals, so the market is selective rather than flooded with bargains.

Is the 2024 BMW X5 reliable?

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

Owners also describe it as smooth, comfortable, and impressive in everyday use, with the hybrid setup and technology contributing to a sense that it can be counted on for regular driving. The expert evaluation also emphasizes the X5’s solid construction and the way its plug-in hybrid system delivers useful electric driving range without making the SUV feel compromised.

BMW 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 that this is still a complex luxury SUV, so condition and service history matter a lot more than they would on a simpler mainstream model.

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

Accident-free inventory is excellent at 91.1% — clean inventory, standard diligence applies.

You should still run a history report and verify that the specific vehicle you’re considering has a clean maintenance record. A pre-purchase inspection is especially important on a luxury SUV like this, because you want to confirm that the hybrid system, electronics, and suspension are all in good shape. Focus on overall condition, since the X5’s appeal depends heavily on how well it has been maintained and equipped.

Key things to evaluate:

• Trim level: The X5 lineup spans rear-wheel-drive and xDrive versions, plus plug-in hybrid and higher-performance variants, so you should pay close attention to how much equipment is included on the specific vehicle you’re considering. The base setup is less compelling if you want the richer feature content and upscale feel that help define this SUV.
• Powertrain: The X5 is available with a turbocharged inline six-cylinder engine, a turbo-six plug-in hybrid setup, a turbocharged V8, and a higher-output turbo V8 in the X5 M Competition. The plug-in hybrid version is the standout for combining strong performance with useful electric-only driving range.
• Safety package: BMW adds Highway Assistant hands-free driving assistance for 2024. It works with Assisted Driving Plus cruise control mode and uses the digital instrumentation or head-up display to show when it is ready. The system is not flawless, so you should make sure the specific vehicle has the features you want and understand how they behave in traffic.
• Infotainment: The cabin uses a 12.3-inch digital instrumentation panel paired with a 14.9-inch touchscreen infotainment system. Wireless Apple CarPlay and Android Auto are included, along with over-the-air software updates.
• Fuel efficiency: The plug-in hybrid version is rated at 22 mpg in combined driving and can travel about 38 miles on electricity before the gasoline engine starts. In real-world testing, it also delivered 33.7 mpg on one mixed route and 38.8 mpg on another evaluation drive.

Which 2024 BMW X5 trim should I buy?

The 2024 BMW X5 is offered in 5 trim levels: sDrive40i, xDrive40i, xDrive50e, M60i, X5 M Competition.

Here's the short version:

• sDrive40i: This is the entry point if you want the X5 experience at the lowest starting level, but you should expect fewer features than the better-equipped versions. It makes sense if you mainly want the core luxury-SUV formula and plan to add options selectively.
• xDrive40i: This is the best-value choice for many shoppers because it adds BMW’s xDrive all-wheel drive while keeping the six-cylinder setup. If you want the most balanced version of the X5 without stepping into pricier performance territory, this is the one to focus on.
• xDrive50e: This is the one to buy if you want the strongest blend of performance and efficiency. It adds plug-in hybrid capability, about 38 miles of electric-only range, and the most compelling all-around driving character in the lineup.
• M60i: Choose this if you want V8 power and stronger straight-line performance. It is the step-up option for buyers who care more about muscle than efficiency.
• X5 M Competition: This is the top-performance model for you if maximum speed and capability matter more than comfort-focused value. It sits at the extreme end of the lineup and is aimed at buyers who want the most aggressive X5 available.

BMW’s Highway Assistant is part of the 2024 safety story, but advanced safety features are not standard across the lineup.

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 discounts everywhere.

• Deal availability: 37.3% of listings are priced as good or great deals.
• Inventory: There are 3,475 listings available.
• Price trend: Prices have softened 8.11% compared with last year.
• Clean inventory: 91.1% of listings are accident-free.

If you find a listing below $52,090, 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 $52,090 sits slightly below last year's $56,686.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. If you buy at the right price and keep the vehicle in strong condition, you can reduce the impact of that depreciation curve. The X5’s premium positioning and broad appeal should still support demand, especially for well-equipped examples.

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 BMW X5 earns high ratings from the IIHS, although lower headlight ratings kept it from earning an IIHS safety award for this model year. The National Highway Traffic Safety Administration gives it 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 with Assisted Driving Plus cruise control mode. The system can be subtle and effective in the right conditions, especially in slower traffic or on open roads, but it can also brake abruptly or behave awkwardly in heavier traffic.

That means you should treat the driver-assistance tech as a helpful tool rather than a reason to stop paying attention. The main caveat is that the X5’s advanced safety features are not standard, so you should confirm the exact equipment on any used example you’re considering.

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:

• 37.3% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.1% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.11% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• It adds Highway Assistant hands-free driving assistance and a more modern cabin layout.

Consider the 2025 if:

• At $59,373, the 2025 costs more than the current year's $52,090 average.
• It mainly adds a limited-edition anniversary model.

The bottom line: If you want the better value, the 2024 is the smarter path because it combines a lower average price with strong owner satisfaction and meaningful updates. If you’re price-sensitive, the 2024 gives you the more compelling mix of features and market pricing; if you want the newest version and don’t mind paying more, the 2025 is the alternative.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.