Used 2024 BMW X5 M for SaleNationwide

How much does the 2024 BMW X5 M cost?

Prices have softened 6.61% compared to this time last year, making it a favorable time to shop this model year.

There are 130 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2024 BMW X5 M a good car?

The 2024 BMW X5 M stands out because it sits at the performance end of BMW’s midsize SUV lineup while still keeping the X5’s core strengths intact. For you, that means a luxury SUV that blends strong performance, modern tech, and a more polished cabin presentation than earlier versions of the same generation.

BMW’s fourth-generation X5 brought more room inside, a pair of 12.3-inch digital displays, and turbocharged inline six-cylinder and V8 engines, and the X5 M joined that generation in 2020 with a minimum of 600 horsepower and handling that defied the laws of physics. For shoppers who want an SUV that feels far more athletic than its size suggests, that combination is the main appeal.

29.2% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 BMW X5 M reliable?

The 2024 BMW X5 M is presented as a high-performance luxury SUV with strong appeal, but it is not a cheap SUV to buy or own. BMW ownership generally comes with maintenance and repair costs that can add up over time.

For you, that means the long-term ownership risk is less about the initial purchase and more about budgeting for higher running costs if you plan to keep it for years.

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

Accident-free inventory is solid at 87.7% — always verify the vehicle history report.

You should still review the history report carefully and prioritize a pre-purchase inspection, especially on a performance-oriented luxury SUV. Focus on overall condition, maintenance records, and signs of heavy use so you can separate a well-kept example from one that may carry expensive surprises.

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

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

• Deal availability: 29.2% of listings are priced as good or great deals.
• Inventory: There are 130 listings available.
• Price trend: Prices have softened 6.61% compared with last year.
• Clean inventory: 87.7% of listings are accident-free.

If you find a listing below $90,710, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW X5 M's resale value?

The current average of $90,711 sits slightly below last year's $97,135.

That price movement suggests the market has cooled enough to give you a better entry point than a year ago. If you buy now and keep the vehicle in strong condition, you may be starting from a more favorable basis than someone who bought when prices were higher. For a future seller, the key will be how well the SUV is maintained, since performance luxury models tend to reward clean history and careful ownership.

Should I buy a 2024 BMW X5 M 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:

• 29.2% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.7% — always verify the vehicle history report.
• Price trend: Prices have softened 6.61% compared with last year.

The bottom line: The 2024 is the better pick if you want the refreshed version with stronger tech and a softer used-market price than last year. If you are especially price-sensitive, a nearby model year may still make sense, but the 2024 gives you a compelling mix of performance, modern features, and improved value.

How does the 2024 BMW X5 M compare to the 2024 Mercedes-Benz GLE?

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.