Used 2024 BMW X5 M for Sale nearPhoenix, AZ

How much does the 2024 BMW X5 M cost?

Prices have softened 8.87% compared to this time last year, making it a favorable time to shop this model year.

There are 157 listings available, which suggests a meaningful amount of inventory for a high-performance luxury SUV.

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, and it is one of the most extreme versions of the X5 formula. For you, that means this model is aimed squarely at shoppers who want a luxury SUV with serious pace, sharp handling, and a more advanced cabin.

The 2024 facelift sharpened the styling and added the BMW Curved Display with digital gauges and next-generation iDrive infotainment, while also bringing more power and better fuel economy to the broader X5 lineup. If you want a performance-focused SUV that still feels modern inside and out, this model has a clear appeal.

39.5% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 BMW X5 M reliable?

The 2024 BMW X5 M is positioned as a high-performance luxury SUV, and the overview makes clear that its appeal comes from pace, handling, and refinement rather than low running costs. It also notes that the X5 is likely to require increasing amounts of money and time to maintain and repair as it ages.

For used buyers, that means long-term ownership risk is tied less to the model’s core appeal and more to the cost of keeping a performance SUV in top condition over time.

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

Accident-free inventory is excellent at 93.6% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the car’s service records match its mileage and asking price. A pre-purchase inspection should be a priority, especially if you are considering a higher-mileage example or one with performance-oriented use. Focus on overall condition, maintenance consistency, and signs of deferred upkeep, since those factors matter more on a vehicle like this than a simple cosmetic checklist.

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

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

• Deal availability: 39.5% of listings are priced as good or great deals.
• Inventory: There are 157 listings available.
• Price trend: Prices have softened 8.87% compared with last year.
• Clean inventory: 93.6% of listings are accident-free.

If you find a listing below $92,499, 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 $92,499 sits slightly below last year's $101,504.

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 maintenance history, since buyers in this segment tend to reward well-kept examples. If you plan to own one for a while, keeping service records and preserving the car’s condition should matter a lot when it is 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:

• 39.5% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 93.6% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.87% compared with last year.

The bottom line: The 2024 is the better choice if you want the updated styling and cabin tech, plus the high-performance character that defines the X5 M. If you are more price-sensitive, a nearby model year may be worth considering, but the 2024 gives you a strong mix of modern features and a softer market than last year.

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