Summary

• With 151 currently listed for sale near Kitchener, ON and an average price of $58,466.00 CAD, 34.4% of 2023 BMW X5s for sale on CarGurus are rated as good or great deals.

• Favourably reviewed: Owners rated the 2023 BMW X5 4.75 / 5 stars.

• 100.0% of 2023 X5 models on CarGurus are accident free.

• The 2023 BMW X5 offers a spacious and comfortable interior, advanced technology features, and a range of powerful engine options, making it a versatile choice for luxury SUV buyers.

Why it stands out

The 2023 BMW X5 continues to impress with its blend of luxury, performance, and practicality. As a midsize SUV, it offers ample space for passengers and cargo, along with a high-quality interior that features the latest technology. The X5 is available with various drivetrain options, including powerful inline-six and V8 engines, ensuring that it caters to a wide range of driving preferences. Its handling is notably precise, making it one of the most dynamic SUVs in its class, rivaling competitors like the Audi Q7 and Mercedes GLE. While the X5 has faced some reliability concerns in the past, newer models, including the 2023 version, have shown improvements, making it a compelling option for those seeking a luxury SUV that delivers both comfort and driving enjoyment.

Other model years to consider

• 2022 BMW X5

  • Average price: $49,196.00 CAD
  • Good/great deal percentage: 27.5%
  • User rating: 5 / 5
  • Total listings: 109

• 2024 BMW X5

  • Average price: $68,550.00 CAD
  • Good/great deal percentage: 32.5%
  • User rating: 4.83 / 5
  • Total listings: 120

• 2025 BMW X5

  • Average price: $67,495.00 CAD
  • Good/great deal percentage: 35.0%
  • Total listings: 103

This analysis is based on CarGurus' proprietary market data from July 15, 2026, CarGurus experts' opinions, and generative AI.