How much does the 2024 BMW i5 cost?

Prices have softened 8.93% 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. If you find a listing below $48,728.84, 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 like a mixed but still compelling luxury EV choice. The standout strength is Cost effectiveness at 8/10.

The source describes it as a well-balanced entry in BMW’s EV lineup, with stirring performance, plenty of range, and a very comfortable cabin. It also says the i5 lands in the “Goldilocks zone” and is less expensive than the competition, which helps if you want a luxury electric sedan that feels competitive without pushing too far upmarket.

The main trade-off is its unintuitive technology, and the infotainment system is singled out as underwhelming. That matters because the i5 is aimed at buyers who want a polished daily luxury EV, so the cabin experience is strongest when you value ride comfort, range, and driving enjoyment more than interface simplicity.

With 30.4% 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 strong, well-rounded new model with a comfortable cabin and a driving experience that feels polished rather than fragile. The source also notes that BMW’s EVs have a reputation for easily exceeding their range estimates, which is a useful sign if you care about real-world consistency.

Its performance notes point to smooth power delivery, a soft but well-behaved brake pedal, and a nearly silent driving experience. The cost-effectiveness notes also mention three years of free 30-minute charges on the Electrify America Network, which helps reduce early ownership friction.

For used buyers, the main long-term risk is that the technology-heavy cabin may be the part most likely to frustrate you over time if you prefer simple controls and easy day-to-day operation.

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 vehicle history report and prioritize a thorough pre-purchase inspection, especially on the electronics and infotainment system. Focus on whether the cabin controls, driver-assistance features, and charging-related equipment work as intended, since those are the areas most likely to affect your ownership experience.

Key things to evaluate:

• Trim level: The entry-level eDrive40 uses rear-wheel drive and is the least powerful setup, while the xDrive40 adds all-wheel drive and more output. The M60 xDrive is the performance-focused version with much more power, but it also brings a stiffer suspension.
• Powertrain: The single-motor setup makes 335 horsepower and 295 pound-feet of torque, with an estimated 270 to 295 miles of range depending on wheels. The dual-motor xDrive40 makes 389 hp and 435 lb-ft, while the M60 xDrive makes 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, but it can be distracting because of the many on-screen buttons. Wireless Apple CarPlay and Android Auto are standard, and there is also a wireless charging pad.
• Fuel efficiency: Range is estimated at 270 to 295 miles for the rear-drive model, 248 to 266 miles for the xDrive40, and 240 to 256 miles for the M60 xDrive.

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:

• Base trim: The eDrive40 is the sensible starting point if you want the best balance of range, comfort, and price. It gives you the core i5 experience without the extra cost or range penalty of the more powerful versions.
• Sweet-spot trim: The xDrive40 is the best all-around pick if you want more traction and stronger acceleration without jumping all the way to the performance model. It adds all-wheel drive and more power for a relatively modest step up.
• Premium/top trim: The M60 xDrive is the one to choose if you want maximum performance and a sport-tuned adaptive suspension. It is the quickest version, but its shorter range makes it less appealing if you care most about everyday efficiency.

The safety package starts with standard collision warning, blind-spot monitoring, rear cross-traffic alert, and lane-keep assist, while the Driving Assistance Professional package adds the more advanced highway and lane features.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 30.4% of listings are priced as good or great deals.
• Inventory: There are 191 listings available.
• Price trend: Prices have softened 8.93% compared with last year.
• Clean inventory: 95.8% of listings are accident-free.

If you find a listing below $48,728.84, 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 $53,587 sits slightly below last year's $58,839.

That price movement suggests the model has already absorbed some early depreciation, which can help you as a buyer today. For a future seller, it means resale value may be steadier if the car remains in strong condition and is priced competitively against newer inventory.

Because the market has softened 8.93%, you may have a better entry point now than a seller had a year ago. If you buy well and keep mileage and condition in check, you should be in a better position to limit the next round of depreciation.

Is the 2024 BMW i5 safe?

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

The source says neither NHTSA nor IIHS crash tests have been completed for the 2024 BMW i5 yet. It also notes that the gas-powered BMW 5 Series was named a Top Safety Pick by the IIHS, which is a useful comparison point, but not a direct rating for this model year.

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:

• 30.4% 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 8.93% 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: If you want the strongest mix of range, comfort, and value in this model year, the 2024 i5 is the one to target. If you’re especially price-sensitive, you can use the softened market and decent deal availability to shop selectively and wait for a well-priced example rather than paying near the top of the range.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.