Used 2024 BMW X5 for Sale nearColorado Springs, CO

How much does the 2024 BMW X5 cost?

Prices have softened 7.62% compared to this time last year, making it a favorable time to shop this model year.

There are 3,650 listings available, which suggests solid inventory for comparison shopping. If you find a listing below $52,888.60, 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 technology, smooth hybrid performance, and comfort, 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 practical midsize SUV packaging, which makes it easy to see why it fits buyers who want luxury without giving up everyday usefulness. On the trade-off side, the expert review points to poor voice recognition and notes that advanced safety features are not standard, while also calling out weak value for money. Even so, 31.5% of listings are priced as good or great deals, 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 smooth hybrid operation, technology, and comfort. The expert review also reinforces that this is a vehicle you can count on for polished daily use, especially in xDrive50e form, where the powertrain is described as a delight to drive while still delivering useful electric-only range. BMW also includes complimentary scheduled maintenance for three years or 36,000 miles, which helps soften early ownership costs. For used buyers, the main long-term risk is that premium complexity and higher repair costs can still make upkeep expensive once factory coverage ends.

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

Accident-free inventory is excellent at 91.7% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the specific example you’re considering has no hidden damage or incomplete service records. A pre-purchase inspection is especially important on a luxury SUV like this, where options and powertrains can vary a lot from one listing to the next. Focus on condition, equipment, and whether the features you want are actually present on the trim you’re shopping.

Key things to evaluate:

• Trim level: The X5’s styling has aged well, but the M Sport treatment is not universally loved, and the optional 21-inch wheel package is worth considering if you want the look and can accept the eventual tire-replacement cost. The cabin also benefits from the 2024 update to BMW Curved Display and reduced physical switchgear, but the overall feel still depends heavily on how the vehicle was optioned.
• Powertrain: You can shop turbocharged inline-six models, a turbo-six plug-in hybrid, a turbocharged V8, or the high-performance X5 M Competition. The plug-in hybrid stands out for its stronger electric motor, larger battery, and improved electric range, and it is the version the expert review favors most.
• Safety package: BMW adds Highway Assistant hands-free driving assistance for 2024. It works through the safety features menu and Assisted Driving Plus cruise control mode, and it performs best in dense slow traffic or light higher-speed traffic. The expert review also notes that advanced safety features are not standard.
• Infotainment: The X5 uses a 12.3-inch digital instrument panel paired with a 14.9-inch touchscreen under BMW Curved Display. You get wireless Apple CarPlay and Android Auto, over-the-air software updates, and BMW Operating System 8.5, but voice recognition is a weak point.
• Fuel efficiency: The xDrive50e plug-in hybrid is rated at 22 mpg in combined driving once the gasoline engine is running, and BMW says it can travel 38 miles on electricity alone. In testing, it also returned 33.7 mpg on one mixed journey and 38.8 mpg over a longer 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’s core luxury, space, and driving character at the lowest starting point. It gives you the basic six-cylinder X5 experience, but you’ll want to compare equipment carefully because the expert review makes clear that BMW leans heavily on options and packages.
• xDrive40i: This is the best-value choice for most shoppers because it adds BMW’s all-wheel-drive system while keeping the familiar turbocharged six-cylinder formula. If you want the most balanced non-hybrid X5, this is the trim to focus on.
• xDrive50e: This is the one to buy if you want the most compelling mix of performance and efficiency. It adds plug-in hybrid capability, stronger output, and meaningful electric-only range, and the expert review calls it the favorite version of the SUV.
• M60i: Choose this if you want V8 power and are willing to pay more for it. It is the step-up option for buyers who care more about straight-line performance than efficiency.
• X5 M Competition: This is the top-performance choice for buyers who want the most extreme version of the X5. It sits at the top of the lineup and is aimed squarely at maximum performance rather than value.

BMW’s Highway Assistant is a notable safety addition for 2024, but advanced safety features are still not standard across the lineup.

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

This is a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 31.5% of listings are priced as good or great deals.
• Inventory: There are 3,650 listings available.
• Price trend: Prices have softened 7.62% compared with last year.
• Clean inventory: 91.7% of listings are accident-free.

If you find a listing below $52,888.60, 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 $53,152 sits slightly below last year's $57,539.

That price movement suggests the X5 has already absorbed some of its recent depreciation, which can help future sellers if they buy at the right price. A softer market today can also mean less upside for immediate resale, so your entry price matters more than usual. If you plan to keep the SUV for several years, the current pricing trend may help you avoid paying peak-market money up front.

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’s Highway Assistant hands-free driving assistance system is standard for 2024, and it works through the safety features menu plus Assisted Driving Plus cruise control mode. The system can be very effective in dense traffic and light higher-speed traffic, and it also performs well in some challenging lighting conditions. The expert review also notes that the driver aids generally operate subtly in the background, which makes them easier to live with day to day. The caveat is that the system can brake abruptly in some situations, and the review also flags that advanced safety features are not standard.

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:

• 31.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 91.7% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.62% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• The 2024 update adds Highway Assistant hands-free driving assistance and a more modern Curved Display cabin.

Consider the 2025 if:

• At $61,024, the 2025 costs more than the current year's $53,152 average.
• It mainly carries over, with a limited-edition 25th-anniversary model and no other major changes.

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’re price-sensitive and want the most equipment for the money, the 2024 is the clearer path; if you specifically want the newest model-year badge and don’t mind paying more, the 2025 is still a reasonable alternative.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.