2024 BMW X5 Price, Reviews, Pictures & More | Kelley Blue Book

The 2024 BMW X5 starts at $65,200 for the base sDrive40i model. That’s about $4,000 more than the 2023 model, but we think the changes are significant and comprehensive enough to justify the increase. The range-topping, V8-powered M60i model starts at $89,300.

2024 BMW X5
MSRP

X5 sDrive40i
$65,200

X5 xDrive40i
$67,500

X5 xDrive50e Plug-in Hybrid
$72,500

X5 M60i
$89,300

These are manufacturer’s suggested retail prices (MSRP) and don’t include the $995 factory-to-dealer delivery fee (destination charge).

Even the current X5 has a higher starting price than the Mercedes-Benz GLE-Class and Audi Q7. Some more affordable options in midsize luxury SUVs include the Genesis GV80, Lexus RX, and Lincoln Aviator.

Before buying an X5, check the Kelley Blue Book Fair Purchase Price to know what you should really pay. BMW X5 resale value tends to fall below average for the segment.

What’s New?

The BMW X5 sees some a wide range of improvements for the 2024 model year. Front and rear styling changes include a new light signature and a slightly revised kidney grille. Inside, the seats and dash now feature leather-like Sensafin upholstery as standard, and a high-tech BMW Curved Display dominates the dash. In addition to BMW’s latest infotainment system, iDrive 8, the X5 features a Highway Assist function that allows for hands-free driving on some highways.

All three engines available under the hood are enhanced for 2024. The standard 6-cylinder engine gets a significant boost of an extra 40 horsepower, and BMW claims the optional V8 has been reworked, but power and torque ratings are unchanged.

The plug-in hybrid also significantly improves performance with almost 100 more horsepower than the outgoing hybrid. It also ups all-electric range to an estimated 40 miles.

When Does the 2024 BMW X5 Come Out?

The 2024 BMW X5 goes on sale in the spring of 2023. It was unveiled in February.