How much does the 2024 BMW X5 M cost?

Prices have softened 9.49% compared to this time last year, making it a favorable time to shop this model year.

There are 151 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $93,230.73, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW X5 M a good car?

The 2024 BMW X5 M stands out because it sits at the performance end of BMW’s midsize SUV lineup, pairing the X5’s familiar practicality with serious power and chassis tuning. For you, that means a luxury SUV that is aimed at buyers who want strong performance, modern technology, and a more refined fourth-generation package.

The broader 2024 X5 lineup also benefits from updated styling, a BMW Curved Display with digital gauges and next-generation iDrive infotainment, and improved powertrain hardware across the range. The tradeoff is that the X5 M is considerably higher in price than standard models and is not built for low running costs.

34.4% of listings are priced as good or great deals, which gives you a decent share of market opportunities to target.

Is the 2024 BMW X5 M reliable?

The 2024 BMW X5 M is positioned as a high-performance luxury SUV, so you should expect ownership to be more demanding than with a mainstream family SUV. The overview also points to higher running costs for the broader X5 lineup, especially for V8-equipped versions.

For used buyers, that means long-term ownership risk is less about outright capability and more about budgeting for maintenance, repairs, and fuel as the vehicle ages.

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

Accident-free inventory is excellent at 95.4% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the specific example you’re considering has a clean title and consistent service records. Prioritize a pre-purchase inspection, especially on a performance-focused luxury SUV where maintenance and repair costs can be higher than average. Focus your evaluation on overall condition, signs of hard use, and whether the vehicle has been cared for as a premium performance model.

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

This is a moderate market for selective buyers, so you can shop with some leverage if you’re patient and disciplined.

• Deal availability: 34.4% of listings are priced as good or great deals.
• Inventory: There are 151 listings available.
• Price trend: Prices have softened 9.49% compared with last year.
• Clean inventory: 95.4% of listings are accident-free.

If you find a listing below $93,230.73, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW X5 M's resale value?

The current average of $93,218 sits slightly below last year's $102,996.

That price movement suggests the market has cooled, which can help you buy more selectively today. For a future seller, it also means resale value may depend heavily on condition, mileage, and how well the vehicle has been maintained. If you keep the SUV clean, documented, and well serviced, you’ll be in a better position when it’s time to sell.

Should I buy a 2024 BMW X5 M 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:

• 34.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 95.4% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 9.49% compared with last year.

The bottom line: The 2024 BMW X5 M makes the most sense if you want the newer fourth-generation package, strong performance focus, and a market that currently gives you some negotiating room. If you’re more price-sensitive, a nearby model year may be worth considering, but the 2024 is the better primary target when you want the freshest balance of performance, technology, and available inventory.

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