2023 BMW 5-Series Review: Prices, Specs, and Photos

What kind of vehicle is the 2023 BMW 5-Series? What does it compare to?

The 2023 BMW 5-Series is a mid-size luxury sedan that does battle with the Mercedes-Benz E-Class and Audi A6. 

Is the 2023 BMW 5-Series a good car?

The BMW 5-Series is one of the most polished sedans on the road today, with good power and impressive handling in any configuration. Overall, this lineup rates 7.0 out of 10 on the TCC scale. (Read more about how we rate cars.)

What’s new for the 2023 BMW 5-Series?

BMW has dropped its gesture control system from the 5-Series’ options list, but otherwise this lineup largely stands pat.

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Offered solely as a four-door sedan, the 5-Series wears styling that was mildly updated for 2021. It’s a conservative traditional sedan—at least in the looks department. The 5-Series eschews BMW’s brash, big-kidney design language seen on other models in favor of crisp, tailored lines outside. Inside, look for a convenient dash with sharp lines and a host of available trim colors to dress things up for an extra cost.

The 5er comes in a bunch of variants. 530i and 530e versions start with a turbo-4 that provides terrific power. The e version offers up to 21 miles of all-electric driving, which should handle most of a typical commute. 

The sweet spot here is the 540i with its torquey turbo-6, which features mild-hybrid tech to reduce fuel consumption. M550i versions hustle 523 hp to the wheels, while the M5—a legend in its own time—belts out 617 hp. All-wheel drive is optional on 530i, 530e, and 540i versions. It’s standard on the M550i and M5. 

Fuel economy ranges from a high of 29 mpg combined for a rear-drive 530i to just 17 mpg combined in M5 guise. 

Even a zero-option 5-Series boasts beautiful ride quality. Other versions get stiffer, but also sharper, culminating in the not-quite-brutal M5 Competition. These are agile, polished sedans that can keep up with genuine sports cars all while hauling four or five passengers in comfort. BMW can be a bit stingy about traditional luxury cues such as leather seats and high-zoot audio, but the 12.3-inch touchscreen boasts top-notch software and wireless smartphone compatibility. 

The 5-Series comes with the expected array of crash-avoidance features including automatic emergency braking and blind-spot monitors, though hands-off tech can be a costly option. Crash-test results have been terrific. 

How much does the 2023 BMW 5-Series cost?

A base 530i runs $55,795, or $2,300 more with all-wheel drive. The 530e can intrigue for an extra $1,600. Base models come with synthetic leather plus a pair of 12.3-inch screens. 

Plan on spending at least $60,000 by the time you’ve added a few options. 

Where is the 2023 BMW 5-Series made?

In Germany.

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