2024 BMW 5 Series

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Rating7.7
Write Review
$57,900 - $64,900
Starting Price 
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Nathan Dyer 

Senior Editor,

Updated on January 5, 2024

ProsConsWhat's New

Multiple powertrain options

Some functions are difficult to access via touchscreen

Fully redesigned for 2024 M.Y.

Improved ride and handling

Modern interior with new tech

Better cargo space than most rivals

Updated powertrains

Decent fuel economy

Specs & Features

$57,900

price

255 hp @ 4700 rpm

horsepower

295 lb.-ft. @ 1600 rpm

torque

8-Speed Automatic

transmission

2.0L 4cyl RWD 8A

engine

-

basic warranty

Overview

The BMW 5-Series has always been the midranger, sitting between the smaller 3-Series and the top-end 7-Series. To keep things exciting, the eight-generation BMW 5-Series is here and is completely redesigned to the core. The 2024 BMW 5 Series boasts modern technology, a futuristic interior, and updated powertrain options, closely following the footsteps of the uber-luxurious 7-Series. Alongside the conventional powertrain options, BMW offers the all-electric i5 model and plug-in hybrid trims, catering to a broader spectrum of buyers.

The 2024 BMW 5-Series price starts at $57,900 and is one of the top 10 BMW cars to look out for in 2024. The 2024 BMW 5 Series interior gets the much-coveted iDrive 8.5 interface, a redesigned dashboard, and an optional hands-free driver assistance system. When competing with rivals like the Mercedes-Benz E-Class, Audi A6, and Genesis G80, the 2024 BMW 5 Series specs will prove competitive. Check out the video by Car Confections to learn more about the new-gen 2024 5 Series BMW sedan.

Buying Advice

With three trims on offer, our preferred choice is the top-tier 540i xDrive with all-wheel drive system since it offers true BMW value by boasting a turbocharged inline-6 engine. The base model will suffice for most buyers, but the 540i xDrive checks all the boxes of a perfect BMW. However, both models come with the same set of standard features, including simulated leather upholstery, a 12.3-inch center display, power-adjustable front seats, dual-zone climate control, a sunroof, adaptive LED headlights, and more.

Comparative Analysis against Competition

The all-new 2024 BMW 5-Series is finally here after many speculations, starting the eighth generation of this midsize luxury sedan. The 5-Series 2024 offers a very close experience to the 7-Series, at least in terms of comfort features. The 2024 BMW 5-Series trim configurations include the 530i, 530i xDrive, and 540i xDrive. As with other BMW cars, the xDrive stands for AWD. The MSRP of the 2024 BMW 5 Series starts at $57,900 for the 530i model, excluding the destination fee of $995.

The 2024 BMW 530i xDrive and 540i xDrive are priced at $60,200 and $64,900, respectively. The 2024 BMW 530i can be financed for a term of 60 months at a low APR of 2.99% and $2,500 as a down payment. Similarly, it can be leased for a term of 36 months with monthly payments of $784 and $2,500 as a down payment. The annual mileage limit is 10,000 miles. Of course, these calculations will vary as per trim configurations, location, and credit score.

Under the hood of the 530i trims is a 2.0-liter turbocharged four-cylinder engine making 255 hp and 295 lb-ft of torque. With this engine, the 530i and 530i xDrive sedans do a 0–60 sprint in 5.9 seconds and 5.8 seconds, respectively. However, the 540i xDrive trim gets the 3.0-liter turbocharged inline-six-cylinder engine, making 375 hp and 395 lb-ft of torque. It does a 0 to 60 sprint in 4.4 seconds.

The 2024 BMW 5-Series received an overall score of 79/100 in the J.D. Power Consumer Rating. For reliability and resale, it scored 82/100 and 70/00, respectively. For the driving and dealership experience, it scored 79/100 and 83/100, respectively. The 2024 5-Series has not undergone crash tests yet, but looking at its previous generations and new ADAS features, it is bound to have a high safety quotient. Stay tuned for a complete review.

Trims

    530i
    $57,900 onwards
    • Engine: 2.0L 4cyl RWD 8A
    • Horsepower: 255 hp @ 4700 rpm hp
    • Torque: 295 lb.-ft. @ 1600 rpm
    • 0-60 mph: 5.9 sec
    • Top Speed: 130 mph
    • Fuel Economy Combined: 30 mpg
    540i
    $64,900 onwards
    • Engine: 3.0L 6cyl AWD 8A
    • Horsepower: 375 hp @ 5200 rpm hp
    • Torque: 398 lb.-ft. @ 1850 rpm
    • 0-60 mph: 4.6 sec
    • Top Speed: 130 mph
    • Fuel Economy Combined: 28 mpg

Compare to similar cars

Price

$57,900- $64,900

Engine

Gasoline

Rating

7.67

Horsepower

375 hp @ 5200 rpm

Torque

398 lb.-ft. @ 1850 rpm

Capacity

5

Read Review

$72,000

Gasoline

6.93

335 hp @ 5000 rpm

369 lb.-ft. @ 1370 rpm

5

Read Review

$68,800- $76,900

Gasoline

8.7

255 hp @ 5800 rpm

273 lb.-ft. @ 1800 rpm

-

Read Review

2024 BMW 5 Series vs competitor's 0-60

    Car Name
    0-60 MPH
    Quarter Mile
    Top Speed
    SourceCompare
    5.9 sec14.5 sec130 mph
    2024 Audi A7

    Ranked #1

    5.2 sec13.7 sec130 mph
    5.9 sec14.5 sec130 mph

    2024 BMW 5 Series vs competitor's MPG

      Car Name
      MPG City
      MPG Highway
      MPG Combined
      Fuel Tank Capacity
      Range (C/H)
      SourceCompare
      27 mpg35 mpg30 mpg18 gal.-
      2024 Audi A7

      Ranked #2

      22 mpg30 mpg24 mpg19.3 gal.405.3/579.0 mi.

      2024 BMW 5 Series vs competitor's dimensions

        Car Name
        Length
        Width
        Height
        Ground Clearance
        Wheelbase
        SourceCompare
        199.2 in.84.9 in.59.6 in.-117.9 in. -
        2024 Audi A7

        Ranked #2

        195.6 in.83.4 in.56 in.4.2 in.115.2 in. -

        2024 BMW 5 Series vs competitor's trunk space

          Car Name
          Trunk Capacity
          Max Trunk Volume
          SourceCompare
          18.4 cu.ft.18.4 cu.ft.
          2024 Audi A7

          Ranked #2

          24.9 cu.ft.-

          2024 BMW 5 Series vs competitor's cargo space

            Car Name
            Cargo Volume
            Cargo Volume w/ Seat Area
            Max Cargo Volume
            SourceCompare
            18.4 cu.ft.18.4 cu.ft.18.4 cu.ft.
            2024 Audi A7

            Ranked #2

            -24.9 cu.ft.-

            2024 BMW 5 Series vs competitor's towing capacity

              Car Name
              Payload Capacity
              Weight
              SourceCompare
              977 lbs.4041 lbs.
              2024 Audi A7

              Ranked #1

              1102 lbs.4343 lbs.

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