Used 2024 BMW X5 M for Sale nearChicago, IL

How much does the 2024 BMW X5 M cost?

Prices have softened 9.65% compared to this time last year, making it a favorable time to shop this model year.

There are 166 listings available, which gives you a meaningful pool to compare before you commit.

If you find a listing below $92,599.69, 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. The 2024 model year also benefits from the broader fourth-generation refresh, including a more modern cabin with a BMW Curved Display and next-generation iDrive infotainment, while still keeping the performance focus that defines the badge.

For you, that means the appeal is strongest if you want a luxury SUV that feels engineered for enthusiast priorities rather than just everyday commuting. The tradeoff is that it is considerably higher in price than standard models, so it makes the most sense if performance and premium tech matter more to you than value shopping.

37.3% of listings are priced as good or great deals, which suggests there are still some worthwhile opportunities if you shop carefully.

Is the 2024 BMW X5 M reliable?

The 2024 BMW X5 M benefits from the broader fourth-generation X5 package, which brought a more modern cabin and updated hardware to the lineup. It also sits within a model family that is already well developed, which can help reduce the uncertainty that sometimes comes with a brand-new redesign.

For you as a used buyer, the bigger concern is long-term ownership cost rather than basic concept or packaging. Because this is a high-performance luxury SUV, you should expect maintenance and repair exposure to rise as the vehicle ages.

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

Accident-free inventory is excellent at 96.4% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the specific example you want has a clean title and consistent service records. A pre-purchase inspection should be a priority, especially because performance-oriented luxury SUVs can hide expensive wear items. Focus on overall condition, maintenance evidence, and how the vehicle has been driven and cared for.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you stay disciplined.

• Deal availability: 37.3% of listings are priced as good or great deals.
• Inventory: There are 166 listings available.
• Price trend: Prices have softened 9.65% compared with last year.
• Clean inventory: 96.4% of listings are accident-free.

If you find a listing below $92,599.69, 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 $92,574 sits slightly below last year's $102,458.

That price movement suggests the market has already adjusted downward, which can help you buy with less risk of immediate overpayment. If you plan to sell later, the current softness means your future resale value will depend heavily on mileage, condition, and how well the vehicle is documented. For you, the best protection is to buy a clean, well-kept example at a strong price so you have less depreciation to absorb.

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:

• 37.3% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 96.4% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 9.65% compared with last year.

The bottom line: The 2024 is the primary year to target if you want the updated fourth-generation X5 cabin and a market that has softened enough to create some negotiating room. If you are more price-sensitive, a nearby model year may be worth comparing, but the 2024 gives you a strong mix of modern features, performance identity, and current market value.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.