Used 2024 BMW i5 for Sale nearNorfolk, VA

How much does the 2024 BMW i5 cost?

Prices have softened 8.54% compared to this time last year, making it a favorable time to shop this model year.

There are 191 listings available, which gives you a modest amount of inventory to compare across trims and conditions.

If you find a listing below $48,692.66, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 BMW i5 a good car?

The 2024 BMW i5 looks like a strong fit if you want a luxury EV that balances range, comfort, and driving enjoyment, and its 1/5 user rating does not align with the expert view of the car’s overall package. It earns a 6.83/10 expert rating, and the standout strength is Cost effectiveness at 8/10.

The i5’s appeal comes through clearly in the source material: it is positioned as a well-balanced entry in BMW’s EV lineup, with stirring performance, plenty of range, and a very comfortable cabin. It is also described as less expensive than the competition, which helps it feel competitive in a crowded luxury-EV segment.

The main trade-off is its unintuitive technology, and the infotainment system is singled out as underwhelming. That matters because the i5 is meant to serve as a luxury electric sedan for buyers who want both comfort and everyday usability, so the tech experience is part of the ownership equation.

The market backdrop is fairly supportive, with 35.6% of listings marked as good or great deals.

Is the 2024 BMW i5 reliable?

The 2024 BMW i5 is presented as a new model with a strong first impression, and the expert write-up emphasizes a comfortable cabin, smooth ride quality, and a nearly silent driving experience. It also notes that the car’s driving systems operated without false alarms or glitches during testing.

The performance write-up adds that the i5’s brake blending is smooth, one-pedal driving is possible, and the car feels stable despite its weight. That points to a powertrain and chassis setup that should feel polished in daily use.

The cost-effectiveness section also notes three years of free 30-minute charging on the Electrify America Network, which is a useful ownership perk if you rely on public charging. For long-term used ownership, your biggest risk is less about the basic driving hardware and more about making sure the battery, charging behavior, and software experience still feel healthy and consistent.

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

Accident-free inventory is excellent at 95.3% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially if you are comparing cars with different wheel setups, charging habits, or option packages. Focus on cabin condition, infotainment behavior, and how smoothly the car charges and drives in normal use.

Key things to evaluate:

• Trim level: The base car emphasizes a clean, traditional BMW look with a large horizontal dual-screen enclosure, but the infotainment-heavy cabin can feel less intuitive than you might expect. The higher-performance variant adds a more aggressive grille treatment and a sport-tuned adaptive suspension, so you should decide whether you want the standard comfort-first setup or the more performance-oriented version.
• Powertrain: The entry model uses a single-electric-motor rear-wheel-drive setup with 335 horsepower and 295 pound-feet of torque, while the dual-motor all-wheel-drive version adds more traction and output. Range varies by setup, so you should match the drivetrain to your driving and weather needs.
• Safety package: All models come with frontal collision warning with automatic emergency braking, a blind-spot monitor with rear cross-traffic alert, and lane-keep assist. The optional driver-assistance package adds adaptive cruise control, a hands-free highway assistant, active lane-change assist, and lane-keep steering intervention.
• Infotainment: The system uses a sharp, quick display, but it relies heavily on on-screen controls and can feel distracting. Wireless Apple CarPlay and Android Auto are standard, and a wireless charging pad is included.
• Range & charging: The battery pack is 84.3 kWh, and EPA-estimated range runs from 270 to 295 miles on the rear-drive setup, with lower figures on the dual-motor versions. The source also notes three years of free 30-minute charging on the Electrify America Network.
• Battery health: On a used EV, you should ask for charging history, check whether the car has been mostly home-charged or frequently fast-charged, and confirm the battery still behaves normally under load. You should also verify how much of the battery warranty remains so you understand your long-term exposure.

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 performance you may not need. It delivers the longest range in the lineup and should satisfy most drivers with its rear-wheel-drive setup and strong everyday acceleration.
• xDrive40: This is the smart upgrade if you want more traction and a noticeable bump in output without jumping all the way to the top model. The added front motor makes it a better fit if you live in a weather-prone region or simply want more all-weather confidence.
• M60 xDrive: This is the choice for you if performance matters most. It brings the most power, the quickest acceleration, and a sport-tuned adaptive suspension, but it also gives up some range.

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 every listing to be a bargain.

• Deal availability: 35.6% of listings are priced as good or great deals.
• Inventory: There are 191 listings available.
• Price trend: Prices have softened 8.54% compared with last year.
• Clean inventory: 95.3% of listings are accident-free.

If you find a listing below $48,692.66, 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 $52,954 sits slightly below last year's $57,899.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. If you buy at a strong price now, you reduce your exposure to further depreciation.

For a future seller, the key is to buy well and keep the car in excellent condition, because the current trend shows that values have already softened. A clean history and desirable equipment will matter more if you want to protect resale later.

Is the 2024 BMW i5 safe?

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

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.

Crash-test results have not yet been completed by either NHTSA or IIHS for this model year, so there is no official test score to cite here. The source does note that the gas-powered BMW 5 Series earned a Top Safety Pick from IIHS, but that is not a result for this car.

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:

• 35.6% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 95.3% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.54% compared with last year.
• A new-model launch with strong range, comfort, and performance is important to you.

The bottom line: If you want the strongest mix of range, comfort, and driving enjoyment, the 2024 is the one to target. If your priority is simply the lowest possible price, you can keep shopping and compare nearby model years, but the current market already gives you a decent amount of leverage on this one.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.