The BMW 5 Series, a mid-size luxury sedan, has been a benchmark in its class for decades. The 2023 model continues this legacy. Key trims include the 530i, 540i, M550i, and the plug-in hybrid 530e. The body style is a classic four-door sedan, offering a blend of sportiness and sophistication. Pricing ranges approximately from $56,000 to $80,000+, depending on the trim and options. It stands out for its balanced driving dynamics, luxurious interior, and advanced technology.
The Good
The 2023 BMW 5 Series boasts a compelling blend of performance and comfort. Its powerful engine options and refined handling cater to driving enthusiasts. The luxurious interior and advanced tech provide a comfortable and connected experience. The 530e plug-in hybrid offers impressive fuel efficiency, appealing to the environmentally conscious and budget-minded buyer. It delivers status and prestige.
The Bad
Potential weaknesses of the 2023 BMW 5 Series include higher maintenance costs compared to non-luxury brands. The complex technology, while impressive, can be prone to glitches. The base engine may feel underpowered for some. Optional features can significantly inflate the price. Some find the run-flat tires offer a harsher ride.
2023 BMW 5 Series: Quick Overview
- Engine Options:
- 2.0-liter turbocharged inline-4 (530i/530i xDrive)
- 3.0-liter turbocharged inline-6 (540i/540i xDrive)
- 4.4-liter turbocharged V8 (M550i xDrive)
- 2.0-liter turbocharged inline-4 + electric motor (530e/530e xDrive)
- Horsepower:
- 530i: 248 hp
- 540i: 335 hp
- M550i: 523 hp
- 530e: 288 hp (combined)
- Fuel Economy (MPG):
- 530i: 25 city / 33 highway
- 540i: 22 city / 32 highway
- M550i: 17 city / 25 highway
- 530e: 64 MPGe (combined electric + gas)
- 0-60 Times:
- 530i: 5.9 seconds
- 540i: 4.9 seconds
- M550i: 3.6 seconds
- 530e: 5.7 seconds
- Towing Capacity: Not recommended for towing.
- Trim-Level Features:
- 530i: Standard features include leatherette upholstery, power front seats, a 12.3-inch touchscreen infotainment system, Apple CarPlay, Android Auto, and a suite of driver-assistance features like lane departure warning and forward collision warning.
- 540i: Adds a more powerful engine, upgraded brakes, and adaptive suspension.
- M550i: Includes the V8 engine, M Sport brakes, M Sport differential, and enhanced styling elements.
- 530e: Features the plug-in hybrid powertrain, charging port, and preconditioning functionality.
2023 BMW 5 Series Specifications
Vehicle Information
| Year | 2023 |
| Make | BMW |
| Model | 5-Series |
| Trim | - |
| Style | All-Wheel Drive |
| Type | Passenger Sedan |
| Category | Minicompact Car |
Manufacturing Details
| Made In | Austria |
| Manufacturing City | GRAZ |
Dimensions
| Doors | 4-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 523 High Power 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 5 Series Have?
The 2023 BMW 5 Series, while generally reliable, can experience some issues. One frequently reported problem revolves around the iDrive infotainment system, with occasional glitches, freezing, or connectivity issues. Some owners have reported problems with the climate control system, such as inconsistent temperature regulation. Also, some minor electrical problems have been documented, including issues with sensors and lighting.
Recalls are relatively infrequent but do occur. Check the NHTSA (National Highway Traffic Safety Administration) website for the latest recall information specific to the 2023 model year.
Long-term reliability can be a concern due to the complexity of the vehicle. Specifically, the advanced driver-assistance systems and the plug-in hybrid components (in the 530e) may require specialized maintenance over time. Oil leaks are common as the car ages. Preventative maintenance is key to mitigating these potential problems. BMWs generally require more diligent and frequent maintenance intervals than other brands to avoid future problems. Be sure to keep up with all factory recommended service.
Recalls are relatively infrequent but do occur. Check the NHTSA (National Highway Traffic Safety Administration) website for the latest recall information specific to the 2023 model year.
Long-term reliability can be a concern due to the complexity of the vehicle. Specifically, the advanced driver-assistance systems and the plug-in hybrid components (in the 530e) may require specialized maintenance over time. Oil leaks are common as the car ages. Preventative maintenance is key to mitigating these potential problems. BMWs generally require more diligent and frequent maintenance intervals than other brands to avoid future problems. Be sure to keep up with all factory recommended service.
How long will the 2023 BMW 5 Series last?
With diligent maintenance, a 2023 BMW 5 Series can easily reach 150,000 to 200,000 miles or provide 10-15 years of service. However, neglecting maintenance can significantly shorten its lifespan. Long-term durability hinges on adhering to scheduled maintenance, using quality parts, and addressing issues promptly. Weaknesses may emerge in the form of increased oil consumption, wear and tear on suspension components, and potential failures in the complex electronic systems. The cooling system and turbochargers (if equipped) should be monitored for potential issues as the vehicle ages.
What Technology & Safety Features are Included?
The 2023 BMW 5 Series features a wealth of technology. Standard tech includes a 12.3-inch touchscreen infotainment system with Apple CarPlay and Android Auto, navigation, and a premium sound system. Driver-assistance features include lane departure warning, forward collision warning with automatic emergency braking, and blind-spot monitoring.
Optional features include adaptive cruise control, lane keep assist, a head-up display, parking assist, and a 360-degree camera system.
The infotainment system is controlled by the iDrive rotary dial or touchscreen. Voice commands are also available.
Safety features include multiple airbags, stability control, and anti-lock brakes.
Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA are typically very good, contributing to the vehicle's overall safety reputation. Consult the IIHS and NHTSA websites for the latest and most accurate safety ratings.
Optional features include adaptive cruise control, lane keep assist, a head-up display, parking assist, and a 360-degree camera system.
The infotainment system is controlled by the iDrive rotary dial or touchscreen. Voice commands are also available.
Safety features include multiple airbags, stability control, and anti-lock brakes.
Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA are typically very good, contributing to the vehicle's overall safety reputation. Consult the IIHS and NHTSA websites for the latest and most accurate safety ratings.
What Colors Options are Available?
Exterior Colors
Alpine White
Carbon Black Metallic
Black Sapphire Metallic
Dark Graphite Metallic
Bluestone Metallic
Sophisto Grey Metallic
Bernina Grey Amber Effect
Oxide Grey Metallic
Tanzanite Blue II Metallic
Phytonic Blue Metallic
Interior Colors
Cognac Sensatec
Black Sensatec
Ivory White Sensatec
Black Dakota Leather
Cognac Dakota Leather
Ivory White Dakota Leather
Black Nappa Leather
Cognac Nappa Leather
Ivory White Nappa Leather
Atlas Grey Sensatec
2023 BMW 5 Series Prices and Market Value
The 2023 BMW 5 Series had a starting MSRP of around $56,000, with higher trims like the M550i exceeding $80,000. Current used market prices vary depending on mileage, condition, and trim level, but expect to find them ranging from $45,000 to $70,000. Depreciation is moderate for the 5 Series compared to other luxury cars. Factors affecting resale value include mileage, condition, service history, and the presence of desirable options. Lower mileage and a well-documented maintenance history will command higher resale prices.
2023 BMW 5 Series Cost of Ownership
The 2023 BMW 5 Series is generally considered costly to own. Insurance premiums are higher than average due to the vehicle's value and performance. Fuel costs depend on the engine choice and driving habits, with the 530e offering better fuel economy. Maintenance and repair costs are also higher than average, particularly for specialized services. Long-term ownership costs can be significant, factoring in potential repairs and depreciation. Regular maintenance is crucial to mitigate costly repairs.
2023 BMW 5 Series Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
2023 BMW 5 Series Safety Rating
NHTSA
2023 BMW 5 Series Recalls & Defects
Power Train:automatic Transmission:control Module (Tcm/Pcm/Tecm)
Recall date
2023-12-06
Recall no.
23v821000
Source
NHTSA
Summary
BMW OF North America, LLC (Bmw) IS Recalling Certain 2023 Toyota GR Supra, 3 Series Sedan (330i Xdrive, M340i Xdrive, M3), 5 Series Sedan (530i, 530i Xdrive, M5), 4 Series Gran Coupe (430i, 430i Xdrive), 4 Series Coupe (430i, 430i Xdrive, M440i Xdrive), 4 Series Convertible (430i, 430i Xdrive, M440i Xdrive), 8 Series Coupe (840i, M850i Xdrive, M8), 8 Series Convertible (840i, M850i Xdrive, M8), 8 Series Gran Coupe (850i Xdrive, M8), X3 SAV (X3 Xdrive30i, X3m), X4 SAV (X4 Xdrive30i), X5 SAV (X5 Xdrive40i, X5 M50i, X5m), X6 SAV (X6 Xdrive40i, X6 M50i, X6m), and Z4 Sdrive30i, Z4 M40i Vehicles. THE Weld Seam OF THE Integrated Transmission Control Unit's Cover MAY NOT Have Been Manufactured Properly, Which Could Allow Automatic Transmission OIL TO Leak Into THE Transmission Control Unit.
Consequence
Transmission OIL That Leaks Into THE Control Unit CAN Lead TO A Seizure OF THE Transmission Gears, Causing A Sudden Loss OF Drive Power and Increasing THE Risk OF A Crash.
Remedy
Dealers Will Replace THE Transmission Mechatronics Module and THE Automatic Transmission Fluid, AS Necessary, Free OF Charge. Owner Notification Letters Were Mailed January 26, 2024. Owners MAY Contact BMW Customer Service AT 1-800-525-7417.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
2023 BMW 5 Series Insurance
Insurance for a 2023 BMW 5 Series is moderately priced, reflecting its status as a Passenger Sedan with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2023 BMW 5 Series Compare to Other Passenger Sedan?
The 2023 BMW 5 Series competes with the Mercedes-Benz E-Class, Audi A6, Genesis G80, and Volvo S90.
Performance: The 5 Series offers sporty handling and powerful engines, often considered more engaging to drive than the E-Class. The Audi A6 provides similar performance with its Quattro all-wheel-drive system.
Features: All models offer comparable technology and luxury features. The Genesis G80 offers similar features at a lower price point.
Reliability: The 5 Series' reliability is generally good, but the E-Class and A6 have reputations for slightly better reliability. The Lexus ES, while not as sporty, is known for its exceptional reliability.
Price: The 5 Series is priced competitively within its class. The Genesis G80 is significantly less expensive, offering excellent value.
Alternatives: If reliability is a top priority, the Lexus ES is a good alternative. For value, the Genesis G80 provides a compelling package. If maximum performance is desired, consider the BMW M5 (though it's in a higher price bracket). The Mercedes-Benz E-Class is a very similar alternative with a slightly different focus on luxury. The Volvo S90 offers a unique Scandinavian design and comfortable ride.
Performance: The 5 Series offers sporty handling and powerful engines, often considered more engaging to drive than the E-Class. The Audi A6 provides similar performance with its Quattro all-wheel-drive system.
Features: All models offer comparable technology and luxury features. The Genesis G80 offers similar features at a lower price point.
Reliability: The 5 Series' reliability is generally good, but the E-Class and A6 have reputations for slightly better reliability. The Lexus ES, while not as sporty, is known for its exceptional reliability.
Price: The 5 Series is priced competitively within its class. The Genesis G80 is significantly less expensive, offering excellent value.
Alternatives: If reliability is a top priority, the Lexus ES is a good alternative. For value, the Genesis G80 provides a compelling package. If maximum performance is desired, consider the BMW M5 (though it's in a higher price bracket). The Mercedes-Benz E-Class is a very similar alternative with a slightly different focus on luxury. The Volvo S90 offers a unique Scandinavian design and comfortable ride.
Ranks #492 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (5.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
| 492 | 2023 BMW 5 Series | (0.0★) |
Final Verdict: Is the 2023 BMW 5 Series a Good Passenger Sedan?
The 2023 BMW 5 Series is ideal for drivers who appreciate a blend of performance, luxury, and technology. It's worth buying if you value the driving experience and are willing to invest in maintenance. A used model can offer significant savings, but be sure to obtain a thorough inspection and review its service history. The 540i trim offers a sweet spot of performance and features. The 530e is a good choice for those seeking fuel efficiency and tax incentives. Buying new allows you to customize the vehicle, but used models can offer great value if carefully vetted.
Drew B
Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma