Used 2023 BMW M5 for SaleNationwide

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CarGurus Analysis:

2023 BMW M5

  • With 97 currently listed for sale and an average price of $86,337.00, 35.1% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.
  • 88.7% of 2023 BMW M5 models on CarGurus are accident free.

Research summarized using AI

CarGurus Analysis: 2023 BMW M5

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Summary

  • With 97 currently listed for sale and an average price of $86,337.00, 35.1% of 2023 BMW M5s for sale on CarGurus are rated as good or great deals.
  • 88.7% of 2023 BMW M5 models on CarGurus are accident free.

Why it stands out

The 2023 BMW M5 stands out as a high-performance luxury sedan that blends serious speed with everyday usability. In BMW’s sixth generation, it uses a twin-turbo 4.4-liter V8 with 600 hp and 553 lb-ft of torque, routed through an eight-speed automatic transmission and BMW’s M-specific xDrive all-wheel drive system. That setup gives it strong acceleration, a rear-wheel power bias, and the ability to be driven as a rear-driver with the stability control turned off. It also offers the kind of all-weather traction that makes a powerful sedan easier to use year-round.

This generation also brought meaningful technology and comfort updates over time. For 2023, the M5 sits within the sixth-generation run that gained Apple CarPlay in 2019, digital instrumentation and wireless smartphone charging in 2020, and a new iDrive infotainment system with a 12.3-inch touchscreen plus wireless Apple CarPlay and Android Auto in 2021. The result is a car that feels modern without giving up the M5’s core appeal: a discreet four-door body, strong performance, and a reputation for being generally reliable when properly cared for.

There are still tradeoffs. The M5 is expensive to buy, maintain, and repair, and high-performance ownership always rewards careful upkeep. Even so, the 2023 BMW M5 remains appealing because it combines supercar-like pace, luxury-car refinement, and practical sedan packaging in a way few rivals can match.

Other model years to consider

  • 2025 BMW M5

    • Average price: $116,970.00
    • Good/great deal percentage: 38.5%
    • Total listings: 187
  • 2026 BMW M5

    • Average price: $122,321.00
    • Good/great deal percentage: 37.6%
    • Total listings: 194
  • 2019 BMW M5

    • Average price: $55,866.00
    • Good/great deal percentage: 30.3%
    • User rating: 5 / 5
    • Total listings: 132

This analysis is based on CarGurus' proprietary market data from August 10, 2026, CarGurus experts' opinions, and generative AI.

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