Used BMW 5 Series for Sale near Oil Springs, ON

How much does the BMW 5 Series cost in today's market?

Used BMW 5 Series prices span a wide range depending on model year. Here's what the market looks like right now:

The BMW 5 Series' current nationwide average price is $29,626 CAD, and its lowest point over the past year was $28,227 CAD. Recently, prices have come down for the 2021, 2022, and 2023 models, making now a good time to shop recent model years.

Is the BMW 5 Series a good car?

Yes — the BMW 5 Series is a strong used pick if you want a midsize luxury sedan with a sporty edge and a premium feel. The all-generations owner rating is 4.6/5 across every model year in the data.

Owners consistently praise the 5 Series for its powerful performance, luxurious interior, and smooth handling. They also value the comfortable cabin and the advanced technology that makes the car feel well equipped for daily driving and longer trips.

Expert reviews rate the 2026 and 2021 models among the highest across all years.

The main trade-offs across recent expert-reviewed years centre on polarising design, occasional digital voice assistant quirks, and limited cargo space.

28.9% of listings are priced as good or great deals.

Are BMW 5 Series models reliable?

Owners consistently describe the BMW 5 Series as a rewarding luxury sedan with strong performance, a comfortable cabin, and a refined driving experience. Expert commentary across the model years also points to a well-equipped, polished car that blends technology with everyday usability.

• Owners rate the BMW 5 Series between 4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership can bring higher running costs than some rivals, so a careful inspection and service-history review are especially worthwhile.

What should I look for when buying a used BMW 5 Series?

Key things to evaluate:

• Safety package: Advanced Driver Assistance Package with active cruise control with stop and go functionality, active lane change assist, front cross-traffic alert, evasion assistant, lane keep and lane change assistant, traffic jam assistant, Driving Assistant Professional, and an emergency stop system.
• Infotainment: BMW Curved Display with a 12.3-inch configurable driver display, a 14.9-inch touchscreen infotainment display, and BMW Operating System 8.5.

Which BMW 5 Series trim should I buy?

The 2026 BMW 5 Series offers these trims:

• 530i: The entry model uses a 2.0-litre turbocharged four-cylinder engine with mild hybrid technology, an eight-speed automatic transmission, and standard xDrive AWD in Canada. It also includes the BMW Curved Display, wireless Apple CarPlay and Android Auto, wireless smartphone charging, and a strong mix of comfort and technology, making it the best-value trim for many shoppers.
• 550e: This plug-in hybrid adds electrified driving capability to the 5 Series lineup and suits buyers who want a more efficiency-focused powertrain with premium-sedan character.
• i5: The all-electric version brings zero-tailpipe driving and suits shoppers who want the 5 Series in EV form.
• i5 M60: This performance-oriented electric trim adds a more powerful EV setup for buyers who want stronger acceleration and a sportier character.
• M5: The high-performance sedan adds the most aggressive performance hardware and capability in the lineup.
• M5 Touring: This wagon body style combines M5 performance with added cargo versatility.

What BMW 5 Series do most buyers choose?

The BMW 5 Series years with the most listings are 2017, 2018, and 2019.

These higher-volume years tend to draw more shoppers because they offer a broad mix of price points, equipment, and availability. More listings also give you a better chance of finding the colour, trim, and condition you want.

What is the BMW 5 Series's resale value?

Most model years in the 5 Series lineup have seen meaningful price declines over the past year, which can work in your favour as a used buyer. The steepest drops are concentrated in several newer and mid-cycle examples, while a few older years have moved down more modestly. Overall, the table points to a market where buyers have gained leverage across much of the range.

The 2018, 2016, and 2020 model years have held their value best, with the smallest year-over-year price changes.

Is the BMW 5 Series safe?

• 2026: 9/10
• 2024: 6/10
• 2021: 9/10

The 2026 model’s Advanced Driver Assistance Package adds active cruise control with stop and go functionality, active lane change assist, front cross-traffic alert, evasion assistant, lane keep and lane change assistant, traffic jam assistant, Driving Assistant Professional, and an emergency stop system.

For the safest used buy, the 2021 and 2026 models both post the highest confirmed score of 9/10.

Should I buy a used BMW 5 Series now or wait for the next model?

Buy now if:

• Price trend: The 2023 model is at −16.13% versus a year ago, and the 2022 model is at −18.37%.
• Sweet-spot year: The 2017 model has the most listings at a current average price of $23,675 CAD. The BMW 5 Series offers a premium cabin, strong road manners, and the kind of balanced luxury-sedan character that has made it a long-running favourite.

Consider waiting if:

• Powertrain/efficiency: The latest 530i pairs a 2.0-litre turbocharged four-cylinder engine with a mild hybrid system for 255 horsepower and 295 lb-ft of torque.
• Tech: The latest model includes a 12.3-inch configurable driver display, a 14.9-inch touchscreen infotainment display, wireless Apple CarPlay and Android Auto, and wireless smartphone charging.
• Safety: The latest model adds the Advanced Driver Assistance Package with active cruise control with stop and go functionality, active lane change assist, front cross-traffic alert, evasion assistant, lane keep and lane change assistant, traffic jam assistant, Driving Assistant Professional, and an emergency stop system.
• Starting price: In Canada, 2026 BMW 5 Series models range from $76,179 CAD to $157,814 CAD.

If you're buying used today, the 2017 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2019 BMW 5 Series compare to the 2019 Mercedes-Benz E-Class?

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

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.