Used 2024 BMW X5 M for Sale near Michigan

How much does the 2024 BMW X5 M cost?

Prices have softened 8.07% compared to this time last year, making it a favorable time to shop this model year.

There are 150 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2024 BMW X5 M a good car?

The 2024 BMW X5 M stands out because it combines the X5’s everyday luxury-SUV practicality with the kind of performance hardware that makes it feel far more serious than a typical family hauler. For 2024, the X5 received a significant refresh that sharpened its styling, added the BMW Curved Display with digital gauges and next-generation iDrive infotainment, and introduced a new standard six-cylinder engine with more power and better fuel economy. The V8-equipped X5 models also gained mild-hybrid technology to boost output and efficiency.

That makes it a strong fit if you want a high-performance SUV that still feels modern and usable day to day. The tradeoff is that it is expensive to buy and not cheap to own, especially when you factor in maintenance, repair costs, and fuel use.

Market availability: 33.3% of listings are priced as good or great deals.

Is the 2024 BMW X5 M reliable?

The 2024 BMW X5 M stands out because it combines the X5’s everyday luxury-SUV practicality with the kind of performance hardware that makes it feel far more serious than a typical family hauler. The broader X5 family is not known for cheap ownership, with maintenance and repair costs likely to be higher than average. Fuel economy is also a concern with V8-powered X5s.

For a used buyer, that means long-term ownership risk is more about cost exposure than outright simplicity, so a well-documented service history matters.

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

Accident-free inventory is solid at 88% — always verify the vehicle history report.

You should prioritize a clean history report, then inspect the vehicle closely for signs of prior damage, uneven wear, or deferred maintenance. Focus on overall condition, service records, and whether the SUV has been cared for consistently, since performance-oriented luxury models can be costly if they were neglected.

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 stay patient and compare listings carefully.

• Deal availability: 33.3% of listings are priced as good or great deals.
• Inventory: There are 150 listings available.
• Price trend: Prices have softened 8.07% compared with last year.
• Clean inventory: 88.0% of listings are accident-free.

If you find a listing below $90,773, 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 $90,773 sits slightly below last year's $98,738.

That price movement suggests the market has cooled, which can help you buy more confidently now. If you plan to sell later, the current trend also means you should expect resale value to depend heavily on condition, mileage, and maintenance history. Well-kept examples should hold up better than neglected ones, especially in a performance SUV segment where buyers are selective.

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:

• 33.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88% — always verify the vehicle history report.
• Price trend: Prices have softened 8.07% compared with last year.

The bottom line: The 2024 is the better pick if you want the updated styling, newer cabin tech, and a market that has softened enough to create some buying opportunities. If you are more price-sensitive, a nearby model year may be worth considering, but the 2024 gives you the strongest mix of freshness and value in this group.

How does the 2024 BMW X5 M compare to the 2024 Mercedes-Benz GLE?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.