Summary

• With 115 currently listed for sale and an average price of $87,041.00, 31.3% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.

• 87.8% of 2023 M5 models on CarGurus are accident free.

• The 2023 BMW M5 continues to impress with its blend of luxury and performance, boasting advanced technology, and delivering a thrilling driving experience.

Why it stands out

The 2023 BMW M5 stands out as a powerful hybrid performance sedan, embodying BMW's commitment to luxury combined with exhilarating speed. With a history that dates back to the mid-1980s, the M5 lineage has consistently redefined what high-performance sedans can achieve. This year’s model maintains the beloved twin-turbocharged V8 engine, offering robust performance metrics that enthusiasts admire. The intuitive user interface with the latest iDrive system, along with a refined interior filled with luxury appointments, ensures that the M5 not only excels on the road but also provides comfort for its occupants. However, potential buyers should be prepared for the costs associated with ownership, as M5s are known for their high repair and maintenance bills, demanding significant financial commitment along with due diligence in upkeep.

Other model years to consider

• 2026 BMW M5

  • Average price: $122,702.00
  • Good/great deal percentage: 36.7%
  • Total listings: 158

• 2019 BMW M5

  • Average price: $56,554.00
  • Good/great deal percentage: 25.9%
  • User rating: 4.67 / 5
  • Total listings: 135

• 2022 BMW M5

  • Average price: $79,143.00
  • Good/great deal percentage: 31.9%
  • User rating: 3 / 5
  • Total listings: 144

This analysis is based on CarGurus' proprietary market data from March 23, 2026, CarGurus experts' opinions, and generative AI.