Summary

• With 113 currently listed for sale and an average price of $86,427.00, 24.8% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.

• 81.4% of 2023 M5 models on CarGurus are accident free.

Why it stands out

The 2023 BMW M5 continues to uphold its reputation as a leader in the performance sedan segment, providing a remarkable blend of luxury, power, and technology. As part of the ongoing evolution of the M5 lineage, this generation features a dynamic twin-turbocharged 4.4-liter V8 engine that delivers exhilarating acceleration and smooth handling capabilities. Historically, M5s have combined the exhilaration of a sports car with the comfort expected from a luxury vehicle, and the 2023 model is no exception. It boasts refined interior materials, cutting-edge technology enhancements, and a well-calibrated all-wheel-drive system designed for thrilling driving experiences. While potential buyers should be prepared for the higher costs associated with ownership—from purchase price to maintenance—those looking for an elite performance sedan will find little competition.

Other model years to consider

• 2026 BMW M5

  • Average price: $123,646.00
  • Good/great deal percentage: 32.6%
  • Total listings: 175

• 2019 BMW M5

  • Average price: $56,700.00
  • Good/great deal percentage: 22.1%
  • User rating: 5 / 5
  • Total listings: 136

• 2025 BMW M5

  • Average price: $119,059.00
  • Good/great deal percentage: 32.6%
  • Total listings: 175

This analysis is based on CarGurus' proprietary market data from April 20, 2026, CarGurus experts' opinions, and generative AI.