How much does the 2024 BMW X5 cost?

Prices have softened 7.79% compared to this time last year, making it a favorable time to shop this model year.

With 3,631 listings available, you have a solid amount of inventory to compare across trims and conditions.

If you find a listing below $52,913.94, 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 impressive technology, smooth hybrid performance, and comfort. The X5 also gets credit for hands-free driving and electric range, which makes it especially appealing if you want a luxury SUV that feels modern and easy to live with.

The trade-offs are familiar: some drivers say it doesn’t feel dramatically different from the previous model, and the voice recognition system draws criticism. The X5’s use-case sweet spot is clear if you want a midsize luxury SUV that prioritizes driving enjoyment, premium materials, and advanced tech.

With 36.2% of listings marked as good or great deals, there’s enough market activity to shop selectively.

Is the 2024 BMW X5 reliable?

Owners rate it 4.83/5, a strong signal of long-term satisfaction.

The owner feedback points to a dependable, trouble-free ownership experience centered on comfort, technology, and smooth hybrid operation. That kind of response usually suggests you can count on the vehicle to deliver the premium experience buyers expect over time.

BMW also backs the X5 with complimentary scheduled maintenance for three years or 36,000 miles, which helps reduce early ownership friction. For used buyers, the main long-term risk is that luxury-SUV upkeep can still become expensive once coverage ends, so condition and service history matter.

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

Accident-free inventory is excellent at 92.4% — clean inventory, standard diligence applies.

You should still run a vehicle history report and verify that the specific X5 you’re considering has a clean maintenance record. A pre-purchase inspection is especially important on a luxury SUV like this, since you’ll want to confirm that the electronics, suspension, and driver-assistance systems are working properly. Focus on overall condition, because premium features can be costly to sort out after the sale.

Key things to evaluate:

• Trim level: The X5’s styling has aged well, but the M Sport treatment changes the look in a way some buyers may not prefer. The optional 21-inch wheel setup adds visual appeal, though replacement tire costs can be higher.
• Powertrain: The xDrive50e plug-in hybrid pairs a turbocharged six-cylinder engine with an electric motor, making 483 horsepower and 516 pound-feet of torque. BMW says it can do 38 miles of electric-only driving and should return 22 mpg in combined driving.
• Safety package: BMW adds Highway Assistant hands-free driving assistance for 2024. It works with Assisted Driving Plus cruise control mode and uses the digital instrumentation or head-up display to show when it’s ready. Advanced safety features are not standard across the lineup.
• Infotainment: The BMW Curved Display combines a 12.3-inch digital instrument panel with a 14.9-inch touchscreen. Wireless Apple CarPlay, wireless Android Auto, and over-the-air software updates are included.
• Fuel efficiency: BMW says the xDrive50e should get 22 mpg in combined driving, and testing showed 33.7 mpg on one mixed route and 38.8 mpg over a longer evaluation drive.

Which 2024 BMW X5 trim should I buy?

The 2024 BMW X5 is offered in 4 trim levels: sDrive40i, xDrive40i, xDrive50e, M60i.

Here's the short version:

• Base trim: The sDrive40i gives you the core X5 experience, but you’ll miss out on the plug-in hybrid’s electric driving range and some of the more compelling performance and tech upgrades.
• Sweet-spot trim: The xDrive50e is the best value if you want the strongest blend of performance, efficiency, and everyday usability. It adds plug-in hybrid capability and delivers the most compelling overall package in this model year.
• Premium/top trim: The M60i is the choice if you want more power and a more aggressive luxury-SUV feel, but it comes at a much higher price.
• Off-road trim: None of the trims here are really aimed at off-road use, so daily drivers should focus on the versions that best balance comfort, efficiency, and price.

BMW’s Highway Assistant is the standout safety-tech addition for 2024, but it’s best treated as a convenience feature rather than a reason to skip careful trim comparison.

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

This is a moderate buyer’s market, so you can shop selectively without expecting deep distress pricing.

• Deal availability: 36.2% of listings are priced as good or great deals.
• Inventory: There are 3,631 listings available.
• Price trend: Prices have softened 7.79% compared with last year.
• Clean inventory: 92.4% of listings are accident-free.

If you find a listing below $52,913.94, 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 $54,409 sits slightly below last year's $59,006.

That price movement suggests the market has already absorbed some depreciation, which can help future sellers if they buy at the right number today. If you pay close to the current average, you may have less room for upside later, but a well-kept X5 should still appeal to shoppers who want a premium SUV with strong performance and tech.

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 2024 X5 earns high ratings from the IIHS, although lower headlight ratings kept it from earning an IIHS safety award. It earns a four-star overall rating from NHTSA.

It earns a 7/10 safety score from our experts.

BMW’s Highway Assistant hands-free driving assistance system is the headline safety feature for 2024. It works with Assisted Driving Plus cruise control mode, and the system can operate subtly and effectively in the right conditions. Standard driver-assistance coverage is not as complete as some buyers may expect, so you should verify the exact equipment on the specific vehicle you’re considering.

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:

• 36.2% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 92.4% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.79% compared with last year.
• Owners rate it 4.83/5 — a strong satisfaction signal.
• BMW adds Highway Assistant hands-free driving assistance for this year.

Consider the 2025 if:

• At $62,296, the 2025 costs more than the current year's $54,409 average.
• It adds a Top Safety Pick+ award and no major changes.

The bottom line: If you want the better value, the 2024 is the smarter buy because pricing has eased and inventory is healthy. If safety recognition matters more than price, the 2025 is the cleaner upgrade, but you’ll pay more for it.

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