Used 2024 BMW X5 for SaleNationwide

How much does the 2024 BMW X5 cost?

Prices have softened 9.49% compared to this time last year, making it a favourable time to shop this model year.

There are 180 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 BMW X5 a good car?

Yes — the 2024 BMW X5 earns a 4.8/5 user rating and a 7.7/10 expert rating. The standout strength is Performance at 10/10.

Owners consistently praise its smooth hybrid performance, comfort, and impressive technology, with hands-free driving and electric range among the most appreciated features. It also fits buyers who want a luxury midsize SUV that still feels engaging to drive, especially in xDrive50e form. The main trade-offs are poor voice recognition, advanced safety features that are not standard, and weak value for money.

With 35.6% of listings marked as good or great deals, the market offers some room to shop selectively.

Is the 2024 BMW X5 reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

User feedback points to a vehicle that feels smooth, comfortable, and dependable enough to inspire confidence, especially when paired with its electric range and hybrid operation. The expert notes also reinforce that it remains a delight to drive while delivering useful electric-only capability. BMW’s plug-in hybrid setup adds complexity, so used buyers should pay close attention to charging behaviour, service history, and whether the vehicle has been maintained consistently.

What should I look for when buying a used 2024 BMW X5?

Key things to evaluate:

• Trim level: The X5 is available with a turbocharged inline six-cylinder engine, a turbo-six PHEV powertrain, a turbocharged V8 engine, and a high-performance turbo V8 variant. The six-cylinder and PHEV models offer M Sport and M Sport Pro trim packages, and buyers can add equipment packages and standalone options. The base setup may leave you wanting more equipment, so compare feature content carefully.
• Powertrain: The plug-in hybrid version uses a more powerful electric motor and a 19.2-kWh battery, with 63 kilometres of electric-only driving and a combined figure of 10.6 L/100 km. BMW says the xDrive50e makes 483 horsepower and 516 pound-feet of torque, and it is the version the experts favour.
• Safety package: Highway Assistant hands-free driving assistance is available, but you must activate it deliberately and select Assisted Driving Plus cruise control mode. It works best in dense, slow-moving traffic or light highway traffic, and it can behave less smoothly in moderate traffic or heavy braking situations.
• Infotainment: The BMW Curved Display combines a 12.3-inch digital instrument panel with a 14.9-inch touchscreen. Wireless Apple CarPlay, Android Auto, over-the-air updates, connected services, and cloud-based navigation are included.
• Fuel efficiency: The xDrive50e is rated at 10.6 L/100 km in combined driving, and the test drive returned 7.0 L/100 km on one mixed route and 6.0 L/100 km on another evaluation drive.

Which 2024 BMW X5 trim should I buy?

The 2024 BMW X5 is offered in 4 trim levels: xDrive40i, xDrive50e, M60i, X5 M Competition.

Here's the short version:

• xDrive40i: This is the entry point if you want the X5 experience at the lowest starting price, but you should expect to compare equipment closely because advanced safety features are not standard.
• xDrive50e: This is the best-value choice for most shoppers. It adds plug-in hybrid capability, strong performance, and meaningful electric-only range, making it the most compelling all-rounder.
• M60i: Choose this if you want a turbocharged V8 and stronger straight-line performance, but it comes at a much higher cost.
• X5 M Competition: This is the extreme performance choice, aimed at buyers who want maximum output rather than everyday value.

Advanced safety features are not standard, so check each vehicle’s equipment list carefully.

Is now a good time to buy a used 2024 BMW X5?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 35.6% of listings are priced as good or great deals.
• Inventory: There are 180 listings available.
• Price trend: Prices have softened 9.49% compared with last year.

If you find a listing below $70,346 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 BMW X5's resale value?

The current average of $71,061 CAD sits slightly below last year's $78,512 CAD.

That softer pricing trend suggests buyers have more negotiating room today than they did a year ago. For a future seller, it also means resale expectations should stay realistic unless your vehicle is especially well equipped, low kilometre, and in excellent condition. Strong owner satisfaction can help support demand, but the market is still pricing this model year below where it was a year ago.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.

Is the 2024 BMW X5 safe?

The 2024 X5 earns high IIHS ratings, although lower headlight ratings prevented it from earning an IIHS safety award for this model year. The National Highway Traffic Safety Administration gives it an overall four-star crash-test rating.

It earns a 7/10 safety score from our experts.

BMW’s Highway Assistant hands-free driving assistance system is available, along with Assisted Driving Plus cruise control mode. The system can work very well in dense traffic and light highway conditions, and it operates subtly enough that you may actually use it regularly. The caveat is that it can brake abruptly or react awkwardly in some traffic situations, so you should stay attentive and not treat it as a substitute for active driving.

Should I buy a 2024 BMW X5 or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 35.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.49% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.
• It adds a more compelling plug-in hybrid setup and remains a delight to drive.

Consider the 2025 if:

• At $82,915 CAD, the 2025 costs more than the current year's $71,061 CAD average.
• It carries forward the updated X5 with no major changes.

The bottom line: The 2024 is the better buy if you want the strongest mix of price, performance, and features. If you are willing to pay more for a newer model year with the same basic formula, the 2025 is the simpler choice.

How does the 2024 BMW X5 compare to the 2024 Mercedes-Benz GLE?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.