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2023 BMW M5 Overview, Reviews, Ratings & Specs

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Jovan | March 31, 2025
The BMW M5 is a high-performance executive sedan, born from BMW's motorsport division. The 2023 M5 continues this legacy with a 4-door sedan body style. Model years span decades, with the M5 consistently delivering power and luxury. Key trims include the base M5 and the M5 Competition. Pricing typically ranges from $110,000 to $120,000+. Its blend of track-ready performance with everyday usability and luxurious appointments makes it popular.
The Good

The 2023 BMW M5 offers exhilarating performance and surprisingly comfortable ride. The design is aggressive yet elegant. While not the most efficient, it offers decent fuel economy for its class. Emotionally, it delivers driving thrills; practically, it's a spacious and luxurious sedan with impressive build quality. Reliability is generally good, adding to its value.

The Bad

The 2023 BMW M5's weaknesses include its high price tag and potentially expensive maintenance. Fuel economy isn't great. Some owners report issues with electronic systems, particularly the infotainment system. Watch out for excessive tire wear due to the car's power and performance capabilities. Curb rash is also a common issue.

2023 BMW M5: Quick Overview

  • Engine Options: 4.4-liter Twin-Turbo V8
  • Horsepower: 600 hp (M5), 617 hp (M5 Competition)
  • Torque: 553 lb-ft
  • Fuel Economy: 15 mpg city / 21 mpg highway (EPA estimates)
  • 0-60 Times: 3.2 seconds (M5 Competition), 3.4 seconds (M5)
  • Towing Capacity: Not recommended or rated for towing

Trim-Level Features:
  • M5 (Base):
    • Adaptive M Suspension
    • M Sport Exhaust System
    • M Compound Brakes
    • M Multifunction Seats
    • Leather Upholstery
    • 12.3-inch Central Information Display
    • Apple CarPlay & Android Auto Compatibility
    • Harman Kardon Surround Sound System
    • Driver Assistance Package (includes lane departure warning, frontal collision warning, active blind spot detection)
  • M5 Competition:
    • Increased Horsepower (617 hp)
    • Stiffer Suspension Tuning
    • Unique Exterior Trim (Black accents)
    • M Sport Exhaust System with Black Chrome Tailpipes
    • Exclusive Wheel Designs
    • Track Mode

2023 BMW M5 Specifications

Vehicle Information
Year 2023
Make BMW
Model M5
Trim -
Style All-Wheel Drive
Type Sedan
Category Minicompact Car
Manufacturing Details
Made In Germany
Manufacturing City DINGOLFING
Dimensions
Doors 4-Door
Curb Weight -
Gross Vehicle Weight Rating -
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating -
Engine & Performance
Engine 4.4-L V-8
Engine Size 4.4L
Engine Cylinders 8
Transmission 8-Speed Automatic
Transmission Type Automatic
Transmission Speeds 8-Speed
Drivetrain All-Wheel Drive
Additional Features
Anti-Brake System Standard
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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What Problems Does the 2023 BMW M5 Have?

The 2023 BMW M5, while generally reliable, can have some reported problems. Infotainment system glitches, such as screen freezing or connectivity issues, have been reported. Some owners have mentioned minor oil leaks, particularly around the valve cover gasket. Excessive tire wear is common due to the high performance and available power.

Long-term reliability concerns primarily revolve around the complexity of the engine and its associated components. The twin-turbo V8 is a sophisticated engine, and issues like turbocharger failure, though not widespread, can be very costly to repair. The adaptive suspension system can also be a potential source of expensive repairs as the car ages.

Recalls are tracked by the NHTSA, and any official recalls for the 2023 M5 would be listed there. It's advisable to check the NHTSA website for the most up-to-date information. Pre-purchase inspections are critical for used M5s to identify any potential issues early on.

How long will the 2023 BMW M5 last?

With proper maintenance, a 2023 BMW M5 can easily exceed 150,000 miles or 10 years of service. However, its longevity greatly depends on adherence to the recommended maintenance schedule. Regular oil changes, timely replacement of wear items (brakes, tires), and proactive attention to any warning signs are crucial.

Long-term durability weaknesses include potential issues with the turbochargers, adaptive suspension components, and the electronic systems. Neglecting maintenance or pushing the car hard frequently can accelerate wear and tear. The interior, if well cared for, typically holds up well over time.

What Technology & Safety Features are Included?

The 2023 BMW M5 boasts a comprehensive suite of technology features.

Tech & Entertainment: It features a 12.3-inch central information display with iDrive 7.0, providing intuitive access to navigation, media, and vehicle settings. Standard Apple CarPlay and Android Auto integration are included. A Harman Kardon surround sound system delivers excellent audio quality. Optional features include a Bowers & Wilkins Diamond Surround Sound System.

Driver-Assistance: Standard driver-assistance features include lane departure warning, frontal collision warning, active blind spot detection, and rear cross-traffic alert. Optional features include adaptive cruise control, lane keep assist, and a parking assistant plus. These systems enhance safety and convenience.

Safety Features: Standard safety equipment includes multiple airbags, stability control, traction control, and anti-lock brakes. The M5 also features a robust body structure designed to protect occupants in the event of a crash.

Crash-Test Ratings: While specific 2023 BMW M5 crash-test ratings from NHTSA or IIHS may vary, the M5 typically performs well in safety tests, inheriting the safety features and design of the 5-Series, which generally receives high ratings.

What Colors Options are Available?

Exterior Colors
Alpine White
Black Sapphire Metallic
Bluestone Metallic
Donington Grey Metallic
Marina Bay Blue Metallic
Motegi Red Metallic
Frozen Black Metallic
Frozen Deep Green Metallic
Tanzanite Blue II Metallic
Aventurin Red Metallic
Almandin Brown Metallic
Frozen Brilliant White Metallic
Oxford Green Metallic
Interior Colors
Aragon Brown Merino Leather
Black Merino Leather
Silverstone Merino Leather
Midrand Beige Merino Leather
Sakhir Orange Merino Leather
Smoke White Merino Leather
Rivet Grey Merino Leather

2023 BMW M5 Prices and Market Value

The 2023 BMW M5 had a starting MSRP of around $109,000, with the Competition model starting higher. Current used market prices vary based on mileage, condition, and options, typically ranging from $85,000 to $105,000+.

Depreciation is significant in the first few years. Factors affecting resale value include mileage, condition, accident history, and the presence of desirable options. Well-maintained examples with low mileage and clean Carfax reports command higher prices. The M5 Competition generally holds its value slightly better due to its enhanced performance and exclusivity.

2023 BMW M5 Cost of Ownership

The 2023 BMW M5 is a costly vehicle to own. Insurance premiums are high due to its performance capabilities and value. Fuel costs are considerable, given its relatively low fuel economy. Maintenance, including scheduled servicing and potential repairs, can be expensive, especially at authorized BMW service centers. Long-term ownership costs, including tires and potential component failures, are higher than average. It's not an economical choice but rather a luxury performance vehicle.

2023 BMW M5 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity 52.62 liters
City Mileage 6.85 km/l
Highway Mileage 4.72 km/l

2023 BMW M5 Safety Rating

NHTSA
Overall Rating Not Tested
Overall Frontal Star Rating Not Tested
Side Overall Star Rating Not Tested
Overall Rollover Star Rating Not Tested
Combined Front Seat Rating Not Tested
Combined Rear Seat Rating Not Tested
Overall Frontal Star Rating Not Tested
Frontal Barrier Star Ratings Not Tested
Overall Side Star Rating Not Tested
Side Barrier Star Ratings Not Tested
Side Pole Star Rating Not Tested
Combined Side Barrier And Side Pole Star Ratings Not Tested
Rollover Resistance Star Rating Not Tested

2023 BMW M5 Insurance

Insurance for a 2023 BMW M5 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2023 BMW M5 Compare to Other Sedan?

The 2023 BMW M5 competes with the Mercedes-AMG E63 S, Audi RS 6 Avant (wagon), and Porsche Panamera.

Performance: The M5 offers comparable performance to the AMG E63 S, with both delivering blistering acceleration and impressive handling. The RS 6 Avant provides similar performance but in a more practical wagon body style. The Panamera offers a wider range of powertrains and a more luxurious feel.

Features: All these models offer a similar level of luxury and technology. The M5's iDrive system is generally well-regarded, while the Mercedes boasts a more opulent interior.

Reliability: Historically, BMW and Mercedes have similar reliability ratings. Audi can sometimes trail slightly. Porsche generally enjoys a reputation for solid reliability, but repairs can be expensive.

Price: The M5 is typically priced competitively within this segment.

Alternatives: If practicality is a priority, the Audi RS 6 Avant is an excellent alternative. For outright luxury and a broader range of options, the Porsche Panamera is worth considering. The Mercedes-AMG E63 S is a close competitor offering a very similar experience.

For value, a slightly older (but well-maintained) example of any of these cars might be a smarter buy.

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12 2023 Nissan Altima (4.0★)
496 2023 BMW M5 (0.0★)

Final Verdict: Is the 2023 BMW M5 a Good Sedan?

The 2023 BMW M5 is ideal for driving enthusiasts who want a luxurious and practical sedan with exceptional performance. It's worth buying if you appreciate the blend of power, comfort, and technology, and are prepared for the higher ownership costs.

Whether to buy new or used depends on your budget and priorities. A used M5 can offer significant savings, but a thorough inspection is essential. The M5 Competition offers a slight performance edge, but the base M5 provides an excellent driving experience. If you value a more compliant ride for daily driving, the base model might be preferable.

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Jovan

Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.