How much does the 2024 BMW i5 cost?

Prices have softened 8.83% compared to this time last year, making it a favorable time to shop this model year.

There are 194 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $48,698.62, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW i5 a good car?

With a 1/5 user rating and a 6.83/10 expert rating, the 2024 BMW i5 looks strongest if you value the traditional BMW driving feel in an electric luxury sedan. The source describes it as landing in the Goldilocks zone, with stirring performance, plenty of range, and a very comfortable cabin, while also noting that it is less expensive than some rivals.

The standout strength is Cost effectiveness at 8/10.

That said, the main trade-off is the unintuitive technology, and the infotainment system is singled out as underwhelming. The i5 is framed as a luxury EV that feels competitive without pushing too far upmarket, so it makes the most sense if you want comfort, range, and driving enjoyment more than cutting-edge interface design.

With 31.4% of listings marked as good or great deals, you have a decent chance of finding a competitively priced example.

Is the 2024 BMW i5 reliable?

The 2024 BMW i5 is presented as a new model with a strong first impression, and the source emphasizes its comfortable cabin, broad range of skills, and smooth, quiet driving character. It also notes that BMW EVs have a reputation for easily exceeding their range estimates, which is a useful sign for day-to-day usability.

The performance write-up points to immediate electric response, smooth braking transitions, and a chassis that stays composed even though the car is heavy. That combination suggests a well-sorted EV package rather than one that feels experimental or unfinished.

The cost-effectiveness notes also mention three years of free 30-minute charging on the Electrify America Network, which can help reduce early ownership friction. For a used buyer, the main long-term risk is making sure the battery and charging system have been treated consistently, since EV ownership depends heavily on how the car was charged and maintained.

What should I look for when buying a used 2024 BMW i5?

Accident-free inventory is excellent at 94.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially on a luxury EV where software, charging behavior, and electronics matter as much as mechanical wear. Focus on overall condition, charging-port health, tire wear, brake feel, and whether the cabin tech behaves consistently during a test drive.

Key things to evaluate:

• Trim level: The entry-level eDrive40 uses a single-motor rear-wheel-drive setup, while the xDrive40 adds a second motor and all-wheel drive, and the M60 xDrive is the high-performance version. The base model already brings the core luxury-EV experience, while the higher trims add traction or much more power.
• Powertrain: The eDrive40 makes 335 horsepower and 295 pound-feet of torque from a single electric motor with rear-wheel drive, while the xDrive40 uses dual motors and all-wheel drive for 389 hp and 435 lb-ft. The M60 xDrive is dual-motor AWD with 593 hp and 586 lb-ft.
• Safety package: Standard equipment includes frontal collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, and lane-keep assist. The optional Driving Assistance Professional package adds adaptive cruise control, a hands-free highway assistant, active lane-change assist, and lane-keep steering intervention.
• Infotainment: The iDrive system has sharp graphics and quick responses, wireless Apple CarPlay and Android Auto are standard, and a wireless charging pad is included. Voice control helps with many functions, but secondary controls can still require menu diving.
• Range & charging: The eDrive40 is rated at 270 to 295 miles of range with an 84.3-kWh battery pack, while the xDrive40 is estimated at 248 to 266 miles and the M60 xDrive at 240 to 256 miles. The source does not give a DC fast-charge time, so you should verify charging speed during your inspection if that matters to you.
• Battery health: Check battery state-of-health, ask how often the car was charged at home versus on DC fast chargers, and confirm how much of the battery warranty remains. For a used EV, consistent charging habits and a clean service history matter more than mileage alone.

Which 2024 BMW i5 trim should I buy?

The 2024 BMW i5 is offered in 3 trim levels: eDrive40, xDrive40, M60 xDrive.

Here's the short version:

• eDrive40: This is the best-value choice if you want the core i5 experience at the lowest entry point. It delivers rear-wheel-drive balance, strong range, and plenty of everyday power without pushing you into the pricier performance trims.
• xDrive40: This is the smart upgrade if you want more traction and a stronger powertrain without jumping all the way to the top model. It adds a second motor and all-wheel drive, making it the most balanced pick for many shoppers.
• M60 xDrive: Choose this only if you want the most performance. It brings the biggest power jump and the quickest acceleration, but range drops and the ride is firmer.

The safety package is standard across the lineup, while the more advanced driver-assistance features remain optional.

Is now a good time to buy a used 2024 BMW i5?

This looks like a moderate, selective buyer’s market, so you have room to shop carefully without expecting a deep bargain on every listing.

• Deal availability: 31.4% of listings are priced as good or great deals.
• Inventory: There are 194 listings available.
• Price trend: Prices have softened 8.83% compared with last year.
• Clean inventory: 94.3% of listings are accident-free.

If you find a listing below $48,698.62, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW i5's resale value?

The current average of $53,115 sits slightly below last year's $58,259.

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 resell later, the current softness means your future value will depend heavily on mileage, condition, and how well the car is equipped.

Because the i5 is a newer EV luxury sedan, strong condition and desirable equipment should matter more than age alone. If you buy well now, you may be better positioned than someone who paid closer to the original new-car pricing.

Is the 2024 BMW i5 safe?

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

Neither the National Highway Traffic Safety Administration nor the Insurance Institute for Highway Safety has completed crash test evaluations on the 2024 BMW i5 yet, so there are no official crash ratings to cite here. The source does note that the gas-powered BMW 5 Series was named a Top Safety Pick by the IIHS, which is a positive reference point, but not a direct i5 result.

All i5 models come standard with frontal collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, and lane-keep assist. The optional Driving Assistance Professional package adds adaptive cruise control, a hands-free highway assistant, active lane-change assist, and lane-keep steering intervention. A head-up display and surround-view camera system are available as part of the Premium package.

The source also says the adaptive cruise control held a consistent interval and brought the car to a smooth stop in traffic, while other driver-assistance systems operated without false alarms or glitches. For a used buyer, the main safety caveat is making sure the car has the driver-assistance features you want, since some of the more advanced systems are optional.

Should I buy a 2024 BMW i5 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:

• 31.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 94.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.83% compared with last year.
• A new-model first impression, strong range, and comfortable cabin matter more to you than having the latest infotainment polish.

The bottom line: The 2024 i5 is the right pick if you want the strongest blend of range, comfort, and driving enjoyment in this model’s early run. If you are especially price-sensitive, you can shop aggressively within the current market and focus on well-kept examples near the low end of the range.

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