Used 2023 BMW X5 for Sale Nationwide

Summary

• With 281 currently listed for sale and an average price of $58,942.00 CAD, 36.3% 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 BMW X5 models on CarGurus are accident free.

Why it stands out

The 2023 BMW X5 stands out as a luxury SUV that still puts driving feel at the centre of the experience. BMW’s rear-wheel drive platform, standard xDrive all-wheel drive in Canada, and turbocharged inline six-cylinder or V8 engines give it a more athletic character than many rivals, while the eight-speed automatic transmission helps keep it polished and easy to live with. It is also a roomy, two-row, five-passenger SUV with strong visibility and generous cargo space, which makes it practical as well as engaging.

For 2023, the X5 sits in the fourth generation, and that generation’s updates brought a more modern cabin and technology suite. The model has additional 12.3-inch digital displays, and the latest iDrive infotainment system is part of the package. BMW also added Android Auto support in 2021 to go with Apple CarPlay connectivity. Buyers looking at this year can also appreciate that the X5’s appeal stretches across different powertrain choices, including a plug-in hybrid version and higher-performance variants elsewhere in the lineup.

There are trade-offs, though. BMW does not design the X5 for serious off-road use, so moderately challenging trails are about the limit, especially on versions with larger wheels and performance tyres. Ownership costs can also be high, and V8-engined X5s are not fuel efficient. Even so, for shoppers who want a used luxury SUV that blends comfort, space, and sharper handling than most of its class, the 2023 BMW X5 remains a compelling choice.

Other model years to consider

• 2022 BMW X5

  • Average price: $49,568.00 CAD
  • Good/great deal percentage: 35.9%
  • User rating: 5 / 5
  • Total listings: 220

• 2025 BMW X5

  • Average price: $83,464.00 CAD
  • Good/great deal percentage: 34.9%
  • Total listings: 192

• 2021 BMW X5

  • Average price: $45,032.00 CAD
  • Good/great deal percentage: 36.3%
  • User rating: 4.67 / 5
  • Total listings: 201

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