Used 2024 BMW i5 for Sale nearNorfolk, VA

How much does the 2024 BMW i5 cost?

Prices have softened 7.99% compared to this time last year, making it a favorable time to shop this model year.

There are 189 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2024 BMW i5 a good car?

The 2024 BMW i5 is a strong pick if you want a luxury EV that emphasizes driving enjoyment, range, and comfort over interface polish. It earns a 1/5 user rating and a 6.83/10 expert rating, which reflects that split between appealing fundamentals and a frustrating tech experience.

The standout strength is Cost effectiveness at 8/10.

The overview and road-test notes both point to a well-balanced EV sedan with stirring performance, plenty of range, and a very comfortable cabin. It is also described as less expensive than some rivals, which helps if you want a premium electric sedan without stretching to the top of the segment.

The main trade-off is the infotainment system, which is described as unintuitive and underwhelming. That makes the i5 a better fit if you care more about the way it drives and how it rides than about having the easiest interface in the class.

With 36.0% of listings marked as good or great deals, you have a decent chance of finding a competitive price if you shop carefully.

Is the 2024 BMW i5 reliable?

The 2024 BMW i5 is presented as a solidly built luxury EV with strong everyday manners and a calm, refined driving experience. The road-test notes also point to smooth brake blending, quiet operation, and a ride that stays composed over rough pavement.

Its electric powertrain is described as immediate and responsive, and BMW’s EVs are noted for often exceeding their range estimates. The cost-effectiveness notes also highlight three years of free 30-minute charging on the Electrify America Network, which can help reduce early ownership costs.

For a used buyer, the main long-term risk is making sure the battery and charging behavior still line up with your needs, especially if the car has seen frequent fast charging or heavy use.

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

Accident-free inventory is excellent at 95.8% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially on a used EV where battery condition and charging habits matter. Focus on cabin condition, software behavior, and whether the car’s range and charging performance feel consistent with its age and mileage.

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. The M60 xDrive is the performance-oriented version with much more power, but the base model already covers the core luxury-EV brief well.
• Powertrain: The eDrive40 makes 335 horsepower and 295 pound-feet of torque, while the xDrive40 produces 389 hp and 435 lb-ft. The M60 xDrive delivers 593 hp and 586 lb-ft. Range varies by version, and the rear-drive model is the most efficient of the group.
• 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 uses a large dual-screen setup with sharp graphics and quick responses. Wireless Apple CarPlay and Android Auto are standard, along with a wireless charging pad, but the interface can be distracting because many controls are buried in menus.
• Range & charging: The battery pack is 84.3 kWh. EPA-estimated range runs from 270 to 295 miles on the rear-drive model, 248 to 266 miles on the xDrive40, and 240 to 256 miles on the M60 xDrive. The car also includes three years of free 30-minute charging on the Electrify America Network.
• Battery health: Check battery state-of-health, confirm the car charges normally at home and on DC fast chargers, and review how much battery warranty coverage remains. A used EV with healthy range, stable charging speeds, and no warning messages is the safer long-term bet.

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 i5’s core strengths without paying for extra traction or performance you may not need. It delivers the longest range of the lineup and already gives you the smooth, quiet, comfortable character that defines the car.
• xDrive40: This is the smart upgrade if you want all-wheel drive and stronger acceleration for only a modest step up in price. It adds front-motor traction and more power, making it the better all-weather pick.
• M60 xDrive: Choose this only if you want the quickest and most powerful version of the i5. It is the enthusiast choice, but its shorter range and higher price make it less compelling for most shoppers.

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 buyer’s market, so you can shop selectively without expecting a deep bargain on every listing.

• Deal availability: 36.0% of listings are priced as good or great deals.
• Inventory: There are 189 listings available.
• Price trend: Prices have softened 7.99% compared with last year.
• Clean inventory: 95.8% of listings are accident-free.

If you find a listing below $48,681, 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 $53,053 sits slightly below last year's $57,658.

That decline suggests the market has moved in your favor if you are buying now, but it also means a future seller may need to price competitively to stand out. The current range still leaves room for stronger resale on cleaner, better-equipped examples, especially if they have desirable options and a strong condition history.

If you plan to sell later, the best protection is to buy a well-kept example now and maintain it carefully. A clean history, strong battery health, and desirable equipment should help it hold value better than a higher-mileage or poorly optioned car.

Is the 2024 BMW i5 safe?

The 2024 BMW i5 has not yet been crash tested by NHTSA or IIHS, so there is no official crash-test result to cite for this model year.

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

Standard safety 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.

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:

• 36.0% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 95.8% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.99% compared with last year.
• A new-model luxury EV with strong range, comfortable ride quality, and lively performance is what you want.

The bottom line: The 2024 BMW i5 is the right move if you want the freshest version of this luxury EV and you value its balance of range, comfort, and driving enjoyment. If you are more price-sensitive, keep shopping the market for the cleanest, best-priced example rather than paying extra for a newer alternative without a clear advantage.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.