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2023 BMW X5
#2 Best Luxury Mid-Size SUVs of 2023

Used 2023 BMW X5

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4.3
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2023 BMW X5 Exterior: 0
2023 BMW X5 Exterior: 1
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2023 BMW X5 Interior: 0
Interior (17)
2023 BMW X5 All Media: 1

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2026
2023
Fuel Economy
18 - 23 combined mpg
Horsepower
335 - 523 hp
Seating
5 - 7
Engine
3 engines available
Engine Options
  • 6-Cyl, Hybrid, Turbo, 3.0 Liter
  • 6-Cyl, Turbo, 3.0 Liter
  • V8, Twin Turbo, 4.4 Liter
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2023 BMW X5 Review

Eric Brandt

By Eric Brandt

Updated January 30, 2025

Eric Brandt is a Senior Editor for Cox Automotive, specializing in expert reviews for Kelley Blue Book and Autotrader. Eric helps shoppers find the right car for their needs, wants, and budget. Eric started writing for Cox Automotive as a freelancer in 2017 and entered his current role in 2022. In addition to car reviews, Eric’s work on KBB and Autotrader has included lists, comparisons, advice, Oversteer articles and videos, and even motorcycle and ATV content.

Pros

  • Strong engines
  • Luxurious interior
  • Drives like a BMW

Cons

  • Expensive
  • Tight optional third row

What's New?

  • No changes for 2023

You have many choices in midsize luxury SUVs, and the BMW X5 is one of the best. It has the driving dynamics you’d expect from BMW with the practicality of a roomy SUV. If you like the idea of an SUV that drives like a sports sedan, few fit the bill like the X5. Several powertrain choices, individual options, and option packages make for a lot of customizability in the X5 lineup. It competes with other heavy-hitters in this segment like the Mercedes-Benz GLE-Class, Audi Q7, and Land Rover Range Rover Velar.

2023 BMW X5 Pricing

2023 BMW X5 pricing starts at $40,388 for the X5 sDrive40i Sport Utility 4D, which had a starting MSRP of $62,595 when new. The range-topping 2023 X5 M50i Sport Utility 4D starts at $60,911 today, originally priced from $86,395.

Original MSRP
KBB Fair Purchase Price (national avg.)
$62,595
$40,388
$64,895
$44,223
$66,695
$42,895
$86,395
$60,911

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 BMW X5 models in typical condition when purchasing from a dealership. These prices are updated weekly.

Driving the BMW X5

Some luxury SUVs prioritize off-road capabilities, and some offer driving serenity without much excitement, but the BMW X5 is among the sportiest SUVs in its class. If you’re looking for a practical luxury SUV with the satisfying driving dynamics of a sports sedan, the BMW X5 delivers without much compromise.

Even the base engine of the X5 gives it plenty of grunt for most drivers. It’s a punchy turbocharged inline-6 with standard rear-wheel drive (RWD) and optional all-wheel drive (AWD).

Drivers looking for extra muscle will be interested in the available twin-turbo V8. It gives the X5 quicker acceleration while retaining pretty agile handling considering the size and weight of this SUV. You won’t get bored with the M50i, but the X5 M is the ultimate in BMW SUV performance, especially if you add the Competition Package.

There’s also a plug-in hybrid option that offers pretty similar performance as the base engine but with more horsepower. It also has an all-electric drive mode and can travel up to 30 miles on electricity alone.

Interior Comfort

The inside of the BMW X5 is luxurious and driver-centric. The interior design is conservative but dignified and uses premium materials. The overall fit and finish is excellent, even in the base model.

The standard 2-row configuration has roomy seating, but the optional third row is very tight. If you’re looking for a roomy 3-row luxury SUV, consider the bigger BMW X7. Cargo space is generous as long as there isn’t a third row of seats in the way.

There’s a lot of customizability in this interior. On top of a long list of comfort and tech features, you can change the look and feel of the interior with different leather options, various wood and aluminum interior trims, and even an Alcantara headliner.

Exterior Styling

If you want an SUV that looks like a BMW, the styling of the X5 won’t disappoint. Like the interior, the exterior styling is pretty conservative, but we certainly wouldn’t call it boring. It has the iconic BMW kidney grille and a light signature that’s distinctive of the brand’s design language.

There’s some nice visual variety in the model range of the X5. For example, any model with “M” in its name has a sportier look to match the V8 under the hood. For a sporty-looking 6-cylinder model, the M Sport Package adds Shadowline exterior trim, an aerodynamic body kit, unique wheels, and some real performance upgrades like Adaptive M Suspension.

The size of the BMW X5 is in line with the midsize luxury SUV class. It’s about the same size as the Lexus RX, Genesis GV80, and Mercedes-Benz GLE-Class. The X5 is a bit smaller than SUVs in this segment with standard 3-row seating like the Audi Q7, Lincoln Aviator, and Acura MDX.

Favorite Features

DRIVING ASSISTANCE PROFESSIONAL PACKAGE
This option package is easy to recommend. It adds many desirable driving assistance tech features like extended traffic jam assist, full-speed adaptive cruise control, active lane-keeping assistant, evasion assistant, and more.

AVAILABLE TWIN-TURBO V8
This stellar engine is available in three different tunings. The M50i delivers turbo V8 power at a relatively modest price, the X5 M turns it up to 600 horsepower, and adding the Competition Package adds another 17 horsepower for peak performance in a BMW SUV.

Standard Features

Standard features are pretty generous in the base X5 sDrive40i. For starters, the standard powertrain is a satisfying turbocharged mild-hybrid inline-6 mated to an 8-speed automatic transmission sending power to the rear wheels.

Standard features include a panoramic moonroof, power-adjustable sport front seats, ambient interior lighting, dual-zone automatic climate control, the Live Cockpit Pro digital gauge cluster, and full LED lighting.

Standard safety tech features in the X5 include front and rear parking sensors, automatic emergency braking, lane-departure warning, adaptive headlights, automatic high beams, blind-spot monitoring, and driver drowsiness monitoring.

The standard infotainment system is a 12.3-inch screen loaded with Android Auto, Apple CarPlay, SiriusXM, HD Radio, navigation, and a 10-speaker audio system. You also get five USB ports.

Factory Options

One of the most popular options for the BMW X5 is all-wheel drive, which BMW calls xDrive. Besides the addition of AWD, the xDrive40i model is pretty much the same as the base sDrive40i trim. The xDrive45e also comes with a similar list of standard and available equipment, the big difference being the plug-in hybrid powertrain.

Many individual options and option packages let you customize your X5. The easiest option package to recommend is the Driving Assistance Professional Package, which adds extended traffic jam assistant, full-speed adaptive cruise control, lane-keeping assist, automatic lane change, evasion assistant, and front cross-traffic alert.

A Premium Package adds remote start, a head-up display, and wireless phone charging, while the fancier Executive Package further adds the panoramic Sky Lounge LED roof, rear sun shades, glass control knobs, and Laserlight LED headlights.

Drivers looking for a sporty 6-cylinder luxury SUV will like the M Sport Package. On top of an adaptive M suspension, you get a sporty appearance package inside and out with a few different choices of wheels and interior trim.

The V8-powered M50i is for the driver who wants a muscular luxury SUV while keeping the price tag under the $100,000 mark. On top of the engine upgrade, it has M Sport-tuned exhaust, brakes, differential, transmission, and an adaptive M suspension. The available Dynamic Handling Package adds the Adaptive M Suspension Professional, active roll stabilization, and integral active steering to make it drive even more like a sports car.

Peak performance comes from the X5 M. The Competition Package turns up the power to 617 hp and adds high-gloss black trim, a Merino leather interior with more “M” branding, and unique wheels.

Engine & Transmission

There’s a lot of mechanical variety under the hood of the BMW X5. The base engine is a satisfying turbocharged mild-hybrid inline-6, and there’s a plug-in hybrid variant available that adds an electric drive motor.

There are three twin-turbo V8 options for the X5: the M50i, X5 M, and X5 M Competition. The more powerful it gets, the more expensive and less fuel-efficient it also becomes. The M50i is the sweet spot for the driver looking for rip-roaring performance in a practical luxury SUV without too much pain at the fuel pump.

The base sDrive40i is RWD, and the xDrive40i is AWD. Every other X5 has standard AWD. A quick-shifting 8-speed automatic transmission delivers power to the wheels in every X5.

3.0-liter turbocharged inline-6 (40i models)
335 horsepower @ 5,500-6,500 rpm
330 lb-ft of torque @ 1,500-5,200 rpm
EPA city/highway fuel economy: 21/26 mpg (RWD), 21/25 mpg (AWD)

3.0-liter turbocharged inline-6 + electric motor (xDrive45e)
389 horsepower combined
331 lb-ft torque combined
All-electric range: 30 miles
EPA combined fuel economy: 50 MPGe / 20 mpg

4.4-liter twin-turbocharged V8 (M50i)
523 horsepower @ 5,500-6,000 rpm
553 lb-ft of torque @ 1,800-4,600 rpm
EPA city/highway fuel economy: 16/22 mpg

4.4-liter twin-turbocharged V8 (X5 M)
600 horsepower (X5 M), 617 horsepower (X5 M Competition) @ 6,000 rpm
553 lb-ft of torque @ 1,800-5,860 rpm
EPA city/highway fuel economy: 13/18 mpg


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2023 BMW X5
KBB.com Consumer Reviews

4.3
Consumer Rating
Based on 44 Consumer Reviews
Write a Review
83%Recommend this vehicle
5
64%
5
64%
4
23%
4
23%
3
5%
3
5%
2
0%
2
0%
1
9%
1
9%
Value
4.0
Performance
4.7
Quality
4.4
Comfort
4.6
Reliability
4.4
Styling
4.6

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2023 BMW X5 Styles

Style
Price
Combined Fuel Economy
Horsepower
Seating
Engine
Towing Capacity
0-60
Curb Weight
Drivetrain
sDrive40i Sport Utility 4D
$40,388
23 MPG
335 @ 5500 RPM
7
6-Cyl, Turbo, 3.0 Liter
7200 lbs
5.3 seconds
4828 lbs
RWD
xDrive45e Sport Utility 4D
$42,895
N/A
389 @ 5000 RPM
5
6-Cyl, Hybrid, Turbo, 3.0 Liter
7200 lbs
5.3 seconds
5646 lbs
AWD
xDrive40i Sport Utility 4D
$44,223
23 MPG
335 @ 5500 RPM
7
6-Cyl, Turbo, 3.0 Liter
7200 lbs
5.3 seconds
4863 lbs
AWD
M50i Sport Utility 4D
$60,911
18 MPG
523 @ 5500 RPM
5
V8, Twin Turbo, 4.4 Liter
7200 lbs
4.1 seconds
5260 lbs
AWD
See Full Specs for All 2023 BMW X5 Styles
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2023 BMW X5 Depreciation

A 2023 BMW X5 has depreciated $24,760 or 39% in the last 2 years and has a current resale value of $37,835 and trade-in value of $33,672.

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2023 BMW X5
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2023 BMW X5 Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
$62,595
$62,595
2024
$14,888
$47,707
$43,421
Now
$9,872
$37,835
$33,672
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2023 BMW X5 Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
4828 lbs.
Fuel Capacity
21.9 gallons
Front Head Room
40.7 inches
Front Leg Room
39.8 inches
Max Seating Capacity
7
Overall Length
194.3 inches
Front Shoulder Room
60.0 inches
Towing Capacity, Maximum
7200 lbs.
Wheel Base
117.1 inches
Width with mirrors
87.3 inches

Exterior

Adaptive Headlights
Available
Alloy Wheels
Available
Fog Lights
Available
Number of Doors
4 doors
Panorama Moon Roof
Available
Power Folding Exterior Mirrors
Available
Privacy Glass
Available
Roof Rails
Available
LED Headlights
Available
Rear Spoiler
Available

Fuel Economy

City
21 mpg
Highway
26 mpg
Combined
23 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Automatic
8 speed
Available
Recommended Fuel
Premium
Hill Descent Control
Available
Parking Assist System
Available

Performance

Horsepower
335 @ 5500 RPM
Torque
331 @ 1500 rpm
Engine
6-Cyl, Turbo, 3.0 Liter
0 to 60
5.3 seconds
Top Speed
130 mph

Warranty

Basic
4 years / 50000 miles
Powertrain
4 years / 50000 miles
Corrosion
12 years / Unlimited miles

Comfort & Convenience

  • Remote Control Liftgate/Trunk Release
  • Climate Control Air Conditioning
  • Climate Control Air Conditioning
  • Heated Steering Wheel
  • Integrated Garage Door Opener
  • Interior Ambient Lighting

Entertainment

  • Satellite Radio
  • Bluetooth Streaming Audio

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows
  • Rear Window Defroster
  • Power Outlet
  • Steering Wheel Controls
  • Tilt Steering Wheel
  • Tilt/Telescoping Steering Wheel

Seating

  • Third Row Seat
  • Leather Seats
  • Folding Rear Seat
  • Heated Seats
  • Heated Rear Seats
  • Dual Power Front Seats
  • Power Driver's Seat

Security

  • Alarm System

Technology

  • Bluetooth Wireless Technology
  • Cruise Control
  • Hands Free Phone
  • Navigation System
  • Remote Keyless Entry
  • Internet Access
  • Proximity Sensing Keyless Entry
  • Push-Button Engine Start
  • Remote Engine Start
  • USB Port
  • Voice Recognition System
  • Real-Time Traffic Information

2023 BMW X5 Safety

2023 BMW X5 Safety Technology

Park Distance Control

Front and rear parking sensors come standard on every X5.

Parking Assistant Plus

This optional feature takes care of the steering while you work the pedals in perpendicular and parallel parking.

Adaptive Cruise Control w/ Stop & Go

This comes with the Driving Assistance Professional Package and automatically keeps a safe distance from the car in front of you while cruise control is on.

4.0

Crash Test Rating

Provided by the National Highway Traffic Safety Administration
Frontal Crash
4.0
Side Barrier
5.0
Side Crash
5.0

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See Details
Price
$40,388
$51,301
$34,422
$44,463
KBB.com Rating
4.7
4.7
3.8
3.4
Consumer Rating
4.3
3.6
4.2
4.1
Fuel Economy
City 21/Hwy 26/Comb 23 MPG
City 21/Hwy 28/Comb 24 MPG
City 21/Hwy 27/Comb 23 MPG
City 20/Hwy 26/Comb 23 MPG
Fuel Type
Gas
N/A
N/A
N/A
Safety Rating
4.0
N/A
5.0
N/A
Seating Capacity7575
Basic Warranty
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
4 years or 50000 miles
Horsepower
335 @ 5500 RPM
275 @ 6000 RPM
235 @ 5000 RPM
247 @ 5500 RPM
Engine
6-Cyl, Turbo, 3.0 Liter
4-Cyl, Turbo, 2.4 Liter
4-Cyl, Turbo, 2.0 Liter
4-Cyl, Turbo, 2.0 Liter
Drivetrain
RWD
AWD
FWD
AWD

2023 BMW X5 Rankings

More BMW X5 News & Information

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BMW Unveils 2025 X5 Silver Anniversary Edition

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FAQs

How much is a 2023 BMW X5?

The BMW X5 starts at $61,600.

Is the 2023 BMW X5 a good SUV?

Yes, the BMW X5 is an excellent midsize luxury SUV with a premium interior, engaging performance, and advanced technology. However, it’s expensive.

Where is the 2023 BMW X5 made?

BMW builds X5 models for the U.S. market in Spartanburg, South Carolina.

Is the 2023 BMW X5 a good vehicle?

Yes, the 2023 BMW X5 is a good car, as reflected by its above-average Kelley Blue Book rating of 4.7 out of 5.

How much should a 2023 BMW X5 cost?

Used 2023 BMW X5 prices currently range from $40,388 for the sDrive40i Sport Utility 4D to $60,911 for the M50i Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.

What's the cheapest BMW X5?

The cheapest 2023 BMW X5 is the sDrive40i Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $40,388.

Is the 2023 BMW X5 reliable?

The 2023 BMW X5 is part of the 4th-generation X5, which our owners give an above-average reliability rating of 4.4 out of 5.

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