BMW 5 Series

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Rating8.1

Ranked #7 in 

Midsize Cars
Write Review
$54,800 - $79,900
Starting Price 
$41,980 - $49,993
Starting Market Average
Nathan Dyer's image
Nathan Dyer 

Senior Editor,

Updated on June 7, 2024

ProsConsWhat's New

Exceptional design and style

Competition offers better interior

Deletion of gesture controls

Feature and tech-loaded

Optional features get pretty expensive

Elimination of Parking Assistance Package

Comfortable and spacious cabin

Wireless charging is standard

Practical cargo capacity

2023 BMW 5 Series for sale

The BMW 5-Series has made a name for itself in the luxury midsize sedan segment. It is positioned well between the compact 3-Series and the uber-luxurious 7-Series. The 2023 BMW 5-Series gets no significant changes as compared to the previous model year. However, the gesture controls are no longer available for the iDrive infotainment system. For enhanced convenience, wireless charging is now standard across the lineup.

The MSRP of the 2023 BMW 5 Series starts at $56,000, and for that price, it offers multiple desirable features. The 2023 BMW 5-Series configurations include four different powertrain options, including a plug-in hybrid variant. The BMW 5-Series 0-60 ranges from 3.8 to 5.9 seconds, depending on trim. Check out the video by Hawkeye Rides for a visual BMW 5-Series review, specifically the 530i.

Buying Advice

Out of the 2023 BMW 5-Series trims, the BMW 540i trim is recommended here as it has a six-cylinder and 24-valve engine that generates better torque and power. It gets RWD as standard, while AWD is available. The three packages can be beneficial, but one can go with the premium package to include most of the necessary upgrades. The Convinience Package adds comfort features like a power-operated trunk and heated front seats.

Comparative Analysis against Competition

The BMW 5-Series is a well-packaged sedan. With multiple powertrains on offer, including the fuel-efficient PHEV trims, the 2023 BMW 5 Series specs are up to the mark. Well, it does sacrifice a bit on that BMW handling experience, but if you are chauffeur-driven, you don't need to worry much. The infotainment and the BMW Connected Services are unique additions to the luxury features of the car.

With an overall score of 79/100 in the J.D. Power Consumer Rating, the 5-Series is marginally behind some of its competition. However, the reliability score of 82/100 is pretty good, while the driving experience is pretty mediocre with a score of 79/100. Talking about competition, the 2023 BMW 5 Series faces tough challenges from the Mercedes-Benz E-Class, the Volvo S90, and the Alfa Romeo Giulia.

Features
8.5/10

The 2023 BMW 5 Series Sedan has several trims, which might be advantageous for some people or can confuse many of them with the different features and characteristics. The two base versions are the 530i and 540i, but each of them has an xDrive version with a few different features. The BMW 5 Series also has the 530e version, an electric one, and the M550i version, both of which are considered separate models.

The 2023 BMW 530i, 530i xDrive, 540i, and 540i xDrive are discussed here, and the rest will be covered separately. The BMW 5 Series 2023 price starts at $56,000 for the 530i trim and goes all the way to $65,200 for the 540i xDrive trim. An additional destination fee of $995 is levied as destination charges across all the models. BMW offers several packages as well to add some more features as per buyers' needs.

Trims

2023 BMW 530i

2023 BMW 540i

MSRP (RWD)

$56,000

$62,900

MSRP (xDrive)

$58,300

$65,200

Key Features

BMW Conected Services 

Ventilated front seats 

Wireless device charging 

Premium Harman Kardon audio system 

Auto start-stop function 

Power tailgate 

18" W-spoke reflex silver wheels

19" V-spoke burnished orbit gray wheels

Power-adjustable front seats 

Automatic high beams 

2-way power glass moonroof with "one-touch" operation

Active Driving Assistant

Packages 

Convenience Package (+$600)

  • Heated front seats (upgrade available for rear seats)
  • Power tailgate

Premium Package (+2,250)

  • Heated front seats (upgrade available for rear seats)
  • Head-up display
  • Remote engine start
  • Power tailgate
  • Harman Kardon surround audio system

Executive Package (+3,150)

  • Heated front seats (upgrade available for rear seats)
  • Head-up display
  • Remote engine start
  • Ceramic controls
  • Power tailgate
  • Power rear sunshade and rear side window shade
  • Harman Kardon surround audio system

Engine and Performance
8.5/10

The 2023 BMW 5 Series specs are decent and come with a 2.0-liter turbocharged inline 4-cylinder engine as standard. The midsize luxury sedan from BMW has the ability to generate 248 horsepower and 257 lb-ft of torque. There are two modes in the 8-speed automatic transmission: the sport mode and the manual shift mode, to ensure better performance in different situations. The acceleration from 0 to 60 MPH takes 5.9 seconds, which is a standard figure, and the same can be said for the quarter-mile duration of 13.8 seconds.

However, the dynamics of performance change quickly when the 5-Series gets the 3.0-liter turbocharged inline-six engine with 335 hp and 332 lb-ft of torque. It is offered with the 540i trims, and just like the 530i trims, an 8-speed auto is standard and AWD is available. The BMW 5 Series 2023 offers comfortable ride quality, but the signature BMW handling is the missing factor here. The luxury sedan has great stability and is supported by systems like yynamic stability control and dynamic traction control.

Model

2023 BMW 5 Series

2023 Mercedes-Benz E Class

2023 Volvo S90

2023 Alfa Romeo Giulia

MSRP

$54,800

$57,000

$55,750

$48,950

Engine

2.0L BMW TwinPower Turbo inline 4-cylinder

2.0 L Turbocharged inline 4-cylinder

2.0 L Turbocharged inline 4-cylinder

2.0 L Turbocharged inline 4-cylinder

Drivetrain

RWD

AWD

AWD

RWD

Transmission

8-speed Automatic

9-speed Automatic

8-speed Shiftable Automatic

8-speed Automatic

Power (hp)

248 HP @ 5,200 RPM

255 HP @ 5,800 RPM

295 HP @ 5,400 RPM

280 HP @ 5,200 RPM

Torque (lb.-ft)

257 lb-ft @ 1,450 RPM

277 lb-ft @ 1,800 RPM

310 lb-ft @ 2,100 RPM

306 lb-ft @ 2,000 RPM

0-60 MPH (seconds)

5.9 seconds

6.1 seconds

5.6 seconds

5.4 seconds

Quarter-mile (seconds)

13.8 seconds

NA

NA

14.2 seconds

Top Speed (MPH)

130 MPH

130 MPH

130 MPH

149 MPH

The BMW 5 Series, specifically the 2023 version, has a maximum speed of 130 MPH, which is similar to many of the competitors in the market. All the primary rivals have similar engine strengths, and most of the cars are offered at similar prices, making them much more competitive.

The Volvo S90 and the Alfa Romeo Giulia have better power output and higher torque than the BMW luxury sedan, and the 2023 Giulia has a much higher top speed as well. The overall performance in the engine segment does not look too impressive for the 2023 BMW 5 Series, but the figures are of good caliber and are able to serve the purpose of the owners

Fuel Economy
8.0/10

The 2023 BMW 5 Series mpg ratings beat the competition hands down. The 5 Series 2023 model has great mileage of 25 mpg in the city as well as 33 mpg on the highways, according to EPA-certified ratings. The combined mileage of 28 mpg is way better than anyone would expect in this segment. The 5 Series has a fuel tank capacity of 18.0 gallons to complement its higher mileage, and it edges over its rival in this segment as well. .

Model

2023 BMW 5 Series 

2023 Mercedes-Benz E Class

2023 Volvo S90

2023 Alfa Romeo Giulia

MPG 

(city)

25

23

23

24

MPG (highway)

33

31

32

33

MPG (combined)

28

26

26

27

Fuel capacity (gallons)

18.0 gallons

17.7 gallons

15.9 gallons

15.3

Range (City, highway, combined, in miles)

450/594/504 miles

354/496/407 miles

365/508/405 miles

367/505/413 miles

The BMW dominates the fuel economy segment with highest figures in all the sections. The primary rivals although have almost parallel stats the 5 Series sedan has a slight advantage in both city and highways. Only the Alfa Romeo is capable of matching the EPA-certified fuel economy on the highway.

The larger fuel capacity allows BMW to ensure a much better range compared to others. The Alfa Romeo, despite having good mileage, falls behind due to its smaller fuel tank and offers an uninspiring range. The Mercedes-Benz has a considerable fuel capacity but ends up at the bottom for offering the lowest range. 

Interior
8.0/10

The 2023 BMW 5 Series interior is arguably one of the most stylish and practical among its competitors. Firstly, the overall interior comes with several internal trims like Fineline Ridge Wood Trim, Perforated SensaTec, and Anthracite Headliner, all of which are available for the four basic car trims of the midsize luxury sedan. There is a luxury vibe inside the midsize BMW, and the high-quality materials make the passengers feel like they are using the premium options even in the base trims.

The front power-adjustable seats provide good support for long journeys. Even the rear seats are pretty comfortable, and there is loads of modern technology inside the cabin. The standard leather seats come in three variants: Canberra Beige, Black Perforated, and Cognac Perforated. The owners can choose any of the comfort and style features from either the Dakota leather upholstery or any variants of the Nappa leather upholstery.

Model

2023 BMW 5 Series

2023 Mercedes-Benz E Class

2023 Volvo S90

2023 Alfa Romeo Giulia

Passenger Capacity

5

5

5

5

First Row (Head/shoulder/legroom) [in.]

40.7/58.7/41.4 inches

37.9/57.8/41.3 inches

37.8/57.5/42.2 inches

38.6/56.1/42.4 inches

Second Row (Head/shoulder/legroom) [in.]

40.7/55.9/36.5 inches

38.2/56.9/35.8 inches

37.8/55.4/40.4 inches

37.6/53.6/35.1 inches

Trunk Capacity (cu.-ft)

18.7 cu-ft

13.1 cu-ft

13.5 cu-ft

NA

The BMW 5 Series has a standard 5-passenger seating capacity and the space available inside the midsize sedan truly speaks of its luxury status. The head, shoulder, and legroom around the front and rear seats are considerably better than the rivals. Only the Mercedes-Benz has a slight advantage in the second-row shoulder space. All these dimensions in both the first and second rows are higher than the primary competitors making it more spacious and comfortable. The trunk capacity of the 2023 BMW sedan is 18.7 cu-ft which is quite larger than that of the rivals. Bigger space and comfortable aspects make the BMW 5 Series all the more attractive for the owners. 

The BMW 5 Series from 2023 comes with a massive 12.3 inch floating infotainment system that includes the glare-free display of excellent quality. Including satellite HD radio, the luxury sedan comes with all the basic features like Wi-Fi, USB and Aux ports, wireless charging, and most importantly, the BMW ConnectedDrive Services. The 12-speaker HiFi audio system comes with a 205-watt digital amplifier. The BMW sedan comes with Apple CarPlay and Android Auto compatibility and the Remote Software Upgrade is a great standard facility. The aspects of real-time traffic information coupled with on-street parking information allow the driver to travel without worries.

  • Automatic climate control
  • Live Cockpit Pro
  • Leather upholstery
  • Powered front seats with lumbar support
  • Moonroof
  • Ambient interior lighting
  • Apple CarPlay and Android Auto
  • Navigation

Exterior
8.0/10

The BMW 5 Series comes with various exterior features that help the sedans stand out through style and boldness. The 18" W-spoke reflex silver wheels combined with all-season run-flat tires give the BMW midsize sedan a perfect look. The chrome-line exterior trim and the trapezoidal exhaust tips add more style to the exterior. Non-metallic paint options are attractive, and the power-folding heated side mirrors are great additions to the exterior of the BMW luxury sedan in 2023. The 2023 BMW 5 Series dimensions are adequate for a midsize sedan. In terms of style and boldness, the BMW 5 Series definitely ranks among the top in the market.

Model

2023 BMW 5 Series 

2023 Mercedes-Benz E Class

2023 Volvo S90

2023 Alfa Romeo Giulia

Curb Weight (lbs)

3,783 lbs

3,924 lbs

4,296 lbs

3,521 lbs

Length (in.)

195.8 inches

194.3 inches

200.4 inches

182.5 inches

Width (in.)

73.5 inches

73.7 inches

74.0 inches

73.7 inches

Height (in.)

58.2 inches

57.8 inches

57.2 inches

56.5 inches

Ground Clearance (in.)

5.5 inches

4.3 inches

6.0 inches

NA

Wheelbase (in.)

117.1 inches

115.7 inches

120.5 inches

111.0 inches

The length of the vehicle is 195.8 inches while the width is 73.5 inches - both of which are standard measures. The height of the BMW midsize luxury sedan is 58.2 inches, the highest among the rivals and it has a ground clearance of 5.5 inches. The Mercedes-Benz sits lowest to the ground with a clearance of only 4.3 inches. The wheelbase of the 5 Series sedan is 117.1 inches and only the Volvo has a longer wheelbase. Most of the competitors have almost similar aspects except the Volvo S90 which has higher dimensions in most cases and also has the highest curb weight among all the competitors.

Some of the 2023 BMW 5 Series color options are: 

  • Arctic Race Blue
  • Skyscraper Gray
  • Aventurin Red
  • Alpine White 
  • Black Sapphire
  • Dark Graphite 

Safety
8.0/10

The 2023 BMW 5 Series has not been tested by either NHTSA or IIHS, which makes it impossible to provide any reliable safety ratings for the sedan. However, the last tested car from the BMW 5 Series was from the year 2021, and it received impressive ratings in crash tests from IIHS-HLDI. Since there are minimal changes made to the BMW 5 series, it is expected that the luxury sedan is still one of the safest in the current scenario. Moreover, the several built-in safety features might be enough for a customer to opt for this model.

Some of the 2023 BMW 5 Series cafety features are: 

  • HD surround camera
  • Forward collision warning
  • Adaptive Full LED Headlights
  • BMW Assist eCall includes Emergency SOS button
  • Brake-pad wear Indicators 

Competition
8.0/10

2023 BMW 5 Series vs.2023 Mercedes-Benz E Class

The 2023 Mercedes-Benz E Class is one of the fiercest rivals in terms of price, specs, and features. The overall performance of the Mercedes-Benz midsize luxury sedan is impressive and the riding is comfortable as well. The E class has several options for customization and multiple features to improve the handling and safety of the vehicle. The practicality and reliability of the Mercedes-Benz are the most important aspects of the 2023 sedan and all of this makes it a great car to go for when it comes to choosing among the midsize luxury sedans in the market. However, it does not mean that it is a better car than the BMW 5 series but it is actually the perspectives and preferences of the buyers that make the decision. 

2023 BMW 5 Series vs. 2023 Volvo S90

There are various potent competitors when it comes to midsize luxury sedans but the 2023 Volvo S90 is among the top that stands out. It is the flagship car from the brand and is orchestrated with elegance, refinement, and luxury. The 4-cylinder turbocharged engine provides as good a performance as any and it has many attractive features to go with it. The competitive pricing and exciting designs in the interior and exterior make the Volvo one of the top picks. The primary rival of the BMW 5 Series has many aspects to gain an edge in the market but it lacks in space and overall performance. It is a great car despite its shortcomings and can be considered as a possible alternative as well.

2023 BMW 5 Series vs. 2022 Alfa Romeo Giulia

The 2022 Alfa Romeo Giulia has some of the greatest features included in the car and it definitely helps the car to rank among the top luxury midsize sedans in the current scenario. The powerful engine and agile handling make the Alfa Romeo a considerable option and its sleek interior design accurately portrays the desired style of the enthusiasts. Multiple comfort options and the premium infotainment system improve the attractiveness and the lower price tag makes it all the more desirable for buyers. However, it does not mean that the Alfa Romeo Giulia is a better choice than the BMW 5 Series, in fact, many people might go for the BMW luxury sedan despite the higher pricing.

Final Verdict
8.0/10

The 2023 BMW 5 Series is arguably the best midsize luxury sedan on the market, and the price of the vehicle is justified. There are some interesting trims and a few excellent packages to opt from, each of which offers significant improvements for the car. The engine performance and braking capabilities are superb, while the interior of the car is unparalleled.

The style, comfort for the passengers, and modern technology make it highly desirable among buyers. The exclusive infotainment system and the bold exterior are great additions, but the space available inside the car is simply the largest among the rivals. However, we would recommend buying the new-generation 2024 BMW 5-Series for its significant updates.

What are the Prices of a used BMW 5 Series based on trim and mileage?

MakeAverage Price
Last 7 days
Last 30 days
Last 90 days
Average Mileage
2023 BMW 5 Series
379 Listings
$50,665-0.17%-1.07%-2.81%11,100 mi. (0.85%)
2022 BMW 5 Series
115 Listings
$40,927-0.84%-2.99%-5.79%18,359 mi. (32.12%)
2021 BMW 5 Series
914 Listings
$34,5200.23%-0.17%-5.07%29,683 mi. (-1.56%)

Trims

  • All
  • 530i
    2023 BMW 5 Series 530i
    $54,800 onwards
    price,mpg,engine,transmission,colors,drivetrain,0to60
    View in Details +
    Trim Namepricempg(city/high/comb)enginetransmissioncolorsdrivetrain0-60
    530i 4dr Sedan (2.0L 4cyl 8A)$54,800(25/28/33)248 hp @ 5200 rpm, 2 L, Turbo Inline 4, Premium Unleaded8-speed AutomaticTBDrear wheel drive5.9 sec.
    530i xDrive 4dr Sedan AWD (2.0L 4cyl 8A)$57,100(23/26/32)248 hp @ 5200 rpm, 2 L, Turbo Inline 4, Premium Unleaded8-speed AutomaticTBDall wheel drive5.8 sec.
  • 540i
    2023 BMW 5 Series 540i
    $61,600 onwards
    price,mpg,engine,transmission,colors,drivetrain,0to60
    View in Details +
    Trim Namepricempg(city/high/comb)enginetransmissioncolorsdrivetrain0-60
    540i 4dr Sedan (3.0L 6cyl 8A)$61,600(25/27/32)335 hp @ 5500 rpm, 3 L, Turbo Inline 6, Premium Unleaded8-Speed Shiftable AutomaticTBDrear wheel drive4.9 sec.
    540i xDrive 4dr Sedan AWD (3.0L 6cyl 8A)$63,900(22/25/29)335 hp @ 5500 rpm, 3 L, Turbo Inline 6, Premium Unleaded8-Speed Shiftable AutomaticTBDall wheel drive4.6 sec.
  • M550i
    2023 BMW 5 Series M550i
    $79,900 onwards
    price,mpg,engine,transmission,colors,drivetrain,0to60
    View in Details +
    Trim Namepricempg(city/high/comb)enginetransmissioncolorsdrivetrain0-60
    M550i xDrive 4dr Sedan AWD (4.4L 8cyl 8A)$79,900(17/20/25)523 hp @ 5500 rpm, 4.4 L, V8, Premium Unleaded8-Speed Shiftable AutomaticTBDall wheel drive3.6 sec.

Compare to similar cars

Price

$42,590- $51,380

Engine

Gasoline

Rating

8.08

Horsepower

302 hp @ 6600 rpm

Torque

267 lb.-ft. @ 4700 rpm

Capacity

5

Read Review

$42,590- $51,380

Gasoline

7.56

203 hp @ 6500 rpm

184 lb.-ft. @ 4000 rpm

5

Read Review

$56,900- $70,500

Gasoline

8.13

335 hp @ 5000 rpm

369 lb.-ft. @ 1370 rpm

5

Read Review

$38,840- $102,105

Gasoline

7.5

668 hp @ 6400 rpm

659 lb.-ft. @ 3600 rpm

5

Read Review

$54,800- $79,900

Gasoline

8.05

523 hp @ 5500 rpm

553 lb.-ft. @ 1800 rpm

5

Read Review

$47,000- $52,700

Gasoline

7.49

296 hp @ 5500 rpm

295 lb.-ft. @ 1500 rpm

5

Read Review

$70,200- $79,350

Gasoline

7.17

335 hp

369 lb.-ft.

5

Read Review

$58,295- $63,845

Gasoline

9

455 hp @ 6000 rpm

523 lb.-ft. @ 2200 rpm

5

Read Review

2023 BMW 5 Series vs competitor's 0-60

    Car Name
    0-60 MPH
    Quarter Mile
    Top Speed
    SourceCompare
    5.9 sec14.5 sec130 mph
    2023 Audi A7

    Ranked #1

    5.2 sec13.7 sec130 mph
    2023 Audi A6

    Ranked #3

    6.1 sec15.1 sec130 mph
    6.3 sec14.7 sec130 mph
    6.4 sec--
    6.5 sec14.5 sec155 mph

    2023 BMW 5 Series vs competitor's MPG

      Car Name
      MPG City
      MPG Highway
      MPG Combined
      Fuel Tank Capacity
      Range (C/H)
      SourceCompare
      25 mpg33 mpg28 mpg18 gal.450/594 mi.
      25 mpg33 mpg28 mpg19.5 gal.487.5/643.5 mi.
      25 mpg34 mpg28 mpg15.9 gal.397.5/540.6 mi.
      2023 Audi A6

      Ranked #2

      24 mpg31 mpg27 mpg19.3 gal.463.2/598.3 mi.
      23 mpg33 mpg27 mpg17 gal.391/561 mi.
      22 mpg32 mpg26 mpg15.9 gal.- -

      2023 BMW 5 Series vs competitor's dimensions

        Car Name
        Length
        Width
        Height
        Ground Clearance
        Wheelbase
        SourceCompare
        195.8 in.73.5 in.58.2 in.5.5 in.117.1 in. -
        200.4 in.74 in.57.2 in.-120.5 in.

        2023 Genesis G80

        Ranked #2

        196.7 in.75.8 in.57.7 in.5.5 in.118.5 in. -
        195.9 in.73.4 in.56.9 in.-113 in. -
        195.9 in.73.4 in.57.1 in.-113 in.
        2023 Audi A7

        Ranked #5

        195.6 in.75.1 in.56 in.4.2 in.115.2 in.

        2023 BMW 5 Series vs competitor's trunk space

          Car Name
          Trunk Capacity
          Passenger Volume
          Max Trunk Volume
          SourceCompare
          14 cu.ft.98.8 cu.ft.-
          13.9 cu.ft.99.9 cu.ft.13.9 cu.ft.
          2023 Audi A6

          Ranked #2

          13.7 cu.ft.--
          2023 Audi A7

          Ranked #2

          24.9 cu.ft.--
          11.9 cu.ft.--
          11 cu.ft.--

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