Used 2023 BMW 5 Series for Sale near Toronto, ON
31 results
CarGurus Analysis:
2023 BMW 5 Series
With 51 currently listed for sale and an average price of $49,274.00 CAD, 39.2% of 2023 BMW 5 Series models for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 BMW 5 Series 5 / 5 stars.
100.0% of 2023 5 Series models on CarGurus are accident free.
CarGurus Analysis: 2023 BMW 5 Series
Summary
With 51 currently listed for sale and an average price of $49,274.00 CAD, 39.2% of 2023 BMW 5 Series models for sale on CarGurus are rated as good or great deals.
Favourably reviewed: Owners rated the 2023 BMW 5 Series 5 / 5 stars.
100.0% of 2023 5 Series models on CarGurus are accident free.
Why it stands out
The 2023 BMW 5 Series is a blend of luxury and performance that continues to stand out in the midsize luxury sedan segment. Its 100% accident-free status along with a solid average price reflects both quality and desirability among buyers. Owners appreciate the refined driving experience, boasting a perfect user review rating of 5 / 5 stars, indicating a high level of owner satisfaction. The 5 Series has traditionally favoured a more performance-oriented approach compared to its competitors, such as the Mercedes-Benz E-Class and Audi A6, making it a compelling choice for those who desire a spirited drive alongside luxury features. The latest model integrates advanced technology and comfort without losing its sporty essence, ensuring that it remains an appealing option for discerning buyers.
Other model years to consider
- Average price: $47,044.00 CAD
- Good/great deal percentage: 41.8%
- User rating: 5 / 5
- Total listings: 67
- Average price: $40,839.00 CAD
- Good/great deal percentage: 38.6%
- User rating: 5 / 5
- Total listings: 70
- Average price: $17,450.00 CAD
- Good/great deal percentage: 39.7%
- User rating: 5 / 5
- Total listings: 58
This analysis is based on CarGurus' proprietary market data from June 1, 2026, CarGurus experts' opinions, and generative AI.
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5.0 Overall rating
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Scott V
Reviewed a 2023 BMW 5 Series on May 15, 2026
Great car and good mix of features and an exceptional ride.
Paul C
Reviewed a 2023 BMW 540i RWD on Feb 11, 2024
The 540i with M Sport, Shadowline and Executive packages checks a lot of boxes. Power and quickness to spare, excellent mileage for a sport sedan, luxurious interior and a topflight sound system. Its practical, comfortable and speedy. Many reviewers bemoan the muted steering feedback in this generation of bimmers and theyre not wrong. But this isnt a sports car and it isnt lightweight. It a smooth operator running on what feels like an underrated 335 hp B58 engine. Feels closer to 375 the way is launches from a standstill or leaps from 70 to 85 on the freeway. This is my third 5 series over a span of 15 years with a couple of other cars in between, and its the most refined yet.
Lucas S
Reviewed a 2023 BMW 5 Series on Feb 29, 2024
Love the gas mileage of the hybrid. Super comfortable and quiet.
2023 BMW 5 Series Trims
| Trim type | MSRP |
|---|---|
| M550i xDrive AWD | $81,500 |
| 540i xDrive AWD | $65,200 |
| 540i RWD | $62,900 |
| 530e xDrive Hybrid Plug-in AWD | $59,900 |
| 530e Hybrid Plug-in RWD | $57,600 |
| 530i xDrive AWD | $58,300 |
| 530i RWD | $56,000 |
2023 BMW 5 Series Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 BMW 5 Series prices has changed over time.
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