The 2024 BMW 5-Series (G60 generation) marks the eighth iteration of BMW's renowned mid-size luxury sedan, continuing a legacy established over 50 years ago. Available as a sophisticated sedan, its current model year is 2024, with key trims including the 530i, 540i (upcoming), and the all-electric i5 eDrive40 and i5 M60. Prices range from approximately $58,000 to over $84,000. It stands out for its blend of driving dynamics, luxurious interior, and cutting-edge technology, appealing to those seeking both performance and premium comfort.
The Good
The 2024 BMW 5-Series offers exceptional performance with powerful engine options and an engaging driving experience, satisfying emotional desires for exhilaration. Its refined interior, advanced comfort features, and sleek design provide a luxurious escape. Practical buyers appreciate the improved efficiency, cutting-edge technology, and the renowned engineering promising long-term satisfaction and a strong brand image.
The Bad
As a completely new generation, long-term reliability data for the 2024 BMW 5-Series is still emerging, so watch out for potential early production glitches. Its complex new infotainment system might have a steep learning curve for some users. The increased size and weight could slightly diminish the "ultimate driving machine" feel for purists, and the higher price point for advanced options can be a drawback.
2024 BMW 5-Series: Quick Overview
- Engine Options & Horsepower:
- 530i: 2.0-liter TwinPower Turbo inline 4-cylinder with 48V mild-hybrid technology. Produces 255 horsepower and 295 lb-ft of torque. Available in RWD and xDrive (AWD).
- 540i (later availability): 3.0-liter TwinPower Turbo inline 6-cylinder with 48V mild-hybrid technology. Produces 375 horsepower and 398 lb-ft of torque. Standard xDrive (AWD).
- i5 eDrive40 (Electric): Single electric motor (RWD). Produces 335 horsepower and 295 lb-ft of torque.
- i5 M60 (Electric): Dual electric motors (AWD). Produces 593 horsepower and 586 lb-ft of torque.
- Fuel Economy (EPA Estimates):
- 530i RWD: 27 MPG combined (27 city/33 highway).
- 530i xDrive: 27 MPG combined (27 city/33 highway).
- i5 eDrive40: 105 MPGe combined, approximately 295 miles range.
- i5 M60: 96 MPGe combined, approximately 256 miles range.
- 0-60 MPH Times (Manufacturer Estimates):
- 530i: 5.9 seconds.
- 530i xDrive: 5.8 seconds.
- 540i xDrive: 4.5 seconds.
- i5 eDrive40: 5.7 seconds.
- i5 M60: 3.7 seconds.
- Towing Capacity: Not officially rated for towing in the US market as a typical passenger sedan. Towing is generally not recommended or supported for this class of vehicle.
- Trim-Level Features Highlights:
- Standard (e.g., 530i): BMW Curved Display (12.3-inch digital instrument cluster and 14.9-inch infotainment touchscreen), iDrive 8.5 Operating System, wireless Apple CarPlay and Android Auto, BMW Intelligent Personal Assistant, Active Driving Assistant (includes features like Lane Departure Warning, Blind Spot Detection), Veganza leatherette upholstery, LED headlights.
- Optional/Higher Trims (e.g., 540i, i5 M60): Upgraded M Sport Package (sport suspension, larger wheels, M-specific styling), Adaptive M Suspension Professional, Integral Active Steering, Bowers & Wilkins Surround Sound System, Sky Lounge Roof, Driving Assistance Professional Package (Highway Assistant, automated lane changes), Ventilated/Massaging seats, Merino leather upholstery, Parking Assistant Professional, and the new Interaction Bar with illuminated crystal-like surface. The i5 M60 also features M Sport brakes and a more aggressive aero package.
2024 BMW 5-Series Specifications
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Vehicle History Report
What Problems Does the 2024 BMW 5-Series Have?
Given that the 2024 BMW 5-Series represents an entirely new generation (G60), detailed long-term reliability data and frequently reported problems are not yet established. The vehicle is too new for significant owner-reported issues to have surfaced consistently or for comprehensive reliability studies to be completed by independent organizations like J.D. Power or Consumer Reports. Historically, new BMW generations can sometimes experience initial "teething problems" related to software glitches, minor electronic malfunctions, or early production adjustments in the first year or two of production. These are typically resolved through software updates or small recall campaigns.
As of early 2024, there have been some minor recalls issued for the G60 5-Series, primarily related to potential manufacturing defects rather than widespread design flaws. For instance, some early production models might have seen recalls concerning aspects like a potential issue with the brake system's hydraulic unit or specific sensor components, which are common for newly launched vehicles across the industry. It's crucial for prospective owners to check the NHTSA website for any active recalls on their specific VIN.
Regarding long-term reliability, previous generations of the BMW 5-Series (like the G30, 2017-2023) generally demonstrated average to slightly above-average reliability. The biggest long-term concerns for any luxury vehicle, especially BMWs, typically revolve around the complexity of electronics, sensor failures, and the higher cost of parts and specialized labor for repairs as the vehicle ages. With the 2024 model featuring an even more advanced infotainment system (iDrive 8.5) and extensive driver-assistance technology, the potential for software-related issues or sensor problems could be a long-term watch point. However, BMW has made strides in recent years to improve software stability. Owners should diligently follow recommended maintenance schedules to mitigate potential issues and preserve the vehicle's longevity.
As of early 2024, there have been some minor recalls issued for the G60 5-Series, primarily related to potential manufacturing defects rather than widespread design flaws. For instance, some early production models might have seen recalls concerning aspects like a potential issue with the brake system's hydraulic unit or specific sensor components, which are common for newly launched vehicles across the industry. It's crucial for prospective owners to check the NHTSA website for any active recalls on their specific VIN.
Regarding long-term reliability, previous generations of the BMW 5-Series (like the G30, 2017-2023) generally demonstrated average to slightly above-average reliability. The biggest long-term concerns for any luxury vehicle, especially BMWs, typically revolve around the complexity of electronics, sensor failures, and the higher cost of parts and specialized labor for repairs as the vehicle ages. With the 2024 model featuring an even more advanced infotainment system (iDrive 8.5) and extensive driver-assistance technology, the potential for software-related issues or sensor problems could be a long-term watch point. However, BMW has made strides in recent years to improve software stability. Owners should diligently follow recommended maintenance schedules to mitigate potential issues and preserve the vehicle's longevity.
How long will the 2024 BMW 5-Series last?
Based on previous generations and general BMW durability, a well-maintained 2024 BMW 5-Series can realistically serve its owner for 150,000 to 200,000 miles or approximately 10-15 years. This longevity is achievable with strict adherence to BMW's service schedule, using high-quality fluids, and addressing minor issues promptly. Long-term durability is generally strong for major mechanical components like engines and transmissions, especially with the newer mild-hybrid systems potentially adding to overall efficiency and reducing strain.
However, weaknesses over time typically involve complex electronic systems, sensors, and interior components like infotainment screens or power window regulators. Suspension components might also require replacement around the 100,000-mile mark. The all-electric i5 models introduce battery degradation as a new long-term factor, though BMW offers substantial warranties for battery packs. Regular maintenance, including preventative measures, is paramount to maximizing the 5-Series' service life and mitigating the higher costs associated with luxury vehicle repairs.
However, weaknesses over time typically involve complex electronic systems, sensors, and interior components like infotainment screens or power window regulators. Suspension components might also require replacement around the 100,000-mile mark. The all-electric i5 models introduce battery degradation as a new long-term factor, though BMW offers substantial warranties for battery packs. Regular maintenance, including preventative measures, is paramount to maximizing the 5-Series' service life and mitigating the higher costs associated with luxury vehicle repairs.
What Technology & Safety Features are Included?
The 2024 BMW 5-Series is a technological powerhouse, boasting an impressive array of built-in tech, entertainment, driver-assistance, and safety features. At its core is the new BMW Curved Display, seamlessly integrating a 12.3-inch digital instrument cluster and a massive 14.9-inch central infotainment touchscreen, powered by the latest iDrive 8.5 Operating System. This system offers intuitive control via touch, voice commands (BMW Intelligent Personal Assistant), and the traditional iDrive rotary controller. Standard entertainment includes wireless Apple CarPlay and Android Auto, SiriusXM satellite radio, and a robust standard sound system, with an optional, immersive Bowers & Wilkins Surround Sound System available for audiophiles.
Driver-assistance features are extensive. Standard offerings include Active Driving Assistant, which encompasses Lane Departure Warning, Blind Spot Detection, Frontal Collision Warning with City Collision Mitigation, and Speed Limit Info. For enhanced semi-autonomous driving capabilities, the optional Driving Assistance Professional Package is a highlight. This package introduces features like Highway Assistant, allowing for hands-free driving on compatible highways at speeds up to 85 mph, and an automated Lane Change Assistant, which can execute lane changes simply by looking in the corresponding side mirror. Parking Assistant Professional is also available, offering remote control parking and a 3D Surround View camera system.
Safety is paramount, with a comprehensive airbag system, anti-lock brakes (ABS), dynamic stability control (DSC), and a high-strength body structure. As of early 2024, official crash-test ratings from agencies like the NHTSA (National Highway Traffic Safety Administration) or IIHS (Insurance Institute for Highway Safety) for the entirely new G60 generation 5-Series are not yet fully published or widely available. However, BMW vehicles typically perform very well in these tests, and the new 5-Series is expected to achieve top safety ratings due to its advanced engineering and comprehensive suite of safety technologies. Optional safety enhancements include adaptive headlights, a head-up display, and the Active Protection System, which prepares the vehicle for an imminent collision.
Driver-assistance features are extensive. Standard offerings include Active Driving Assistant, which encompasses Lane Departure Warning, Blind Spot Detection, Frontal Collision Warning with City Collision Mitigation, and Speed Limit Info. For enhanced semi-autonomous driving capabilities, the optional Driving Assistance Professional Package is a highlight. This package introduces features like Highway Assistant, allowing for hands-free driving on compatible highways at speeds up to 85 mph, and an automated Lane Change Assistant, which can execute lane changes simply by looking in the corresponding side mirror. Parking Assistant Professional is also available, offering remote control parking and a 3D Surround View camera system.
Safety is paramount, with a comprehensive airbag system, anti-lock brakes (ABS), dynamic stability control (DSC), and a high-strength body structure. As of early 2024, official crash-test ratings from agencies like the NHTSA (National Highway Traffic Safety Administration) or IIHS (Insurance Institute for Highway Safety) for the entirely new G60 generation 5-Series are not yet fully published or widely available. However, BMW vehicles typically perform very well in these tests, and the new 5-Series is expected to achieve top safety ratings due to its advanced engineering and comprehensive suite of safety technologies. Optional safety enhancements include adaptive headlights, a head-up display, and the Active Protection System, which prepares the vehicle for an imminent collision.
What Colors Options are Available?
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2024 BMW 5-Series Prices and Market Value
When new, the 2024 BMW 5-Series pricing starts around $57,900 for the 530i, $61,200 for the 530i xDrive, $69,100 for the i5 eDrive40, and climbs to $84,100 for the i5 M60, before options and destination fees. As a brand new model, current used market prices are virtually non-existent or very close to new pricing, typically for dealer demonstrators or low-mileage early trade-ins, which might see a slight discount but not significant depreciation.
Depreciation for luxury sedans like the 5-Series tends to be higher than average, especially in the first three years. Factors affecting resale value include mileage, condition, optional packages (M Sport, premium audio, driver assistance), and demand for specific powertrains (electric i5 models might retain value differently as the EV market evolves). Strong maintenance records, popular color combinations, and desirable options will help mitigate depreciation. Generally, owners can expect a significant drop in value during the first year, then a more gradual decline, with fully loaded models potentially depreciating more in absolute dollars.
Depreciation for luxury sedans like the 5-Series tends to be higher than average, especially in the first three years. Factors affecting resale value include mileage, condition, optional packages (M Sport, premium audio, driver assistance), and demand for specific powertrains (electric i5 models might retain value differently as the EV market evolves). Strong maintenance records, popular color combinations, and desirable options will help mitigate depreciation. Generally, owners can expect a significant drop in value during the first year, then a more gradual decline, with fully loaded models potentially depreciating more in absolute dollars.
2024 BMW 5-Series Cost of Ownership
Owning a 2024 BMW 5-Series is a premium experience, and its long-term costs reflect that. Insurance rates will be higher than average due to the vehicle's luxury status, higher sticker price, and advanced technology. Fuel costs for the gasoline models are moderate, given their efficiency for a luxury sedan, while the i5 electric variants offer significantly lower "fuel" costs. Maintenance and repair are costly; BMW parts and specialized labor rates are high. Expect premium service costs, especially for complex systems. This vehicle is generally costly to own due to higher depreciation, insurance, and maintenance expenses, but delivers a commensurate luxury and driving experience.
2024 BMW 5-Series Fuel Efficiency
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2024 BMW 5-Series Insurance
Insurance for a 2024 BMW 5-Series is moderately priced, reflecting its status as a Vehicle with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2024 BMW 5-Series Compare to Other Vehicle?
The 2024 BMW 5-Series competes fiercely in the mid-size luxury sedan segment against formidable rivals like the Mercedes-Benz E-Class, Audi A6, and to some extent, the Genesis G80 and Lexus ES.
In terms of Performance, the 5-Series traditionally sets the benchmark for driving dynamics. The 530i offers a good balance of power and efficiency, while the upcoming 540i (375hp) and especially the i5 M60 (593hp) deliver thrilling acceleration and handling that often surpass rivals' equivalent models, like the E 350 or A6 45 TFSI. The Mercedes-Benz E-Class, while comfortable, often prioritizes luxury over sportiness. Audi A6 provides a more composed, all-weather performance with its standard Quattro AWD.
Regarding Features, the 5-Series introduces BMW's cutting-edge iDrive 8.5, an expansive Curved Display, and advanced driver-assistance systems like Highway Assistant. This tech suite is competitive, often perceived as more driver-focused than Mercedes' MBUX or Audi's MMI. The E-Class offers a supremely luxurious cabin experience, while the A6 boasts a sleek, minimalist interior with dual screens. The Genesis G80 offers a fantastic suite of standard features at a lower price point, sometimes outclassing the Germans on value.
Reliability for the 2024 5-Series is yet to be fully determined as it's a new generation. Historically, BMW, Mercedes, and Audi often fall in the middle of reliability rankings, while Lexus and Genesis tend to lead in long-term dependability. For those prioritizing unwavering reliability, alternatives like the Lexus ES (though less sporty) or the Genesis G80 might be better choices, as they consistently rank higher.
Price-wise, the 5-Series aligns closely with its German counterparts. The 530i starts around $58,000, similar to the E-Class and A6. The i5 electric models are priced competitively within the luxury EV sedan segment. The Genesis G80 offers significantly more standard equipment and luxury for a lower starting price, making it a compelling "value luxury" alternative.
Recommendations:
In terms of Performance, the 5-Series traditionally sets the benchmark for driving dynamics. The 530i offers a good balance of power and efficiency, while the upcoming 540i (375hp) and especially the i5 M60 (593hp) deliver thrilling acceleration and handling that often surpass rivals' equivalent models, like the E 350 or A6 45 TFSI. The Mercedes-Benz E-Class, while comfortable, often prioritizes luxury over sportiness. Audi A6 provides a more composed, all-weather performance with its standard Quattro AWD.
Regarding Features, the 5-Series introduces BMW's cutting-edge iDrive 8.5, an expansive Curved Display, and advanced driver-assistance systems like Highway Assistant. This tech suite is competitive, often perceived as more driver-focused than Mercedes' MBUX or Audi's MMI. The E-Class offers a supremely luxurious cabin experience, while the A6 boasts a sleek, minimalist interior with dual screens. The Genesis G80 offers a fantastic suite of standard features at a lower price point, sometimes outclassing the Germans on value.
Reliability for the 2024 5-Series is yet to be fully determined as it's a new generation. Historically, BMW, Mercedes, and Audi often fall in the middle of reliability rankings, while Lexus and Genesis tend to lead in long-term dependability. For those prioritizing unwavering reliability, alternatives like the Lexus ES (though less sporty) or the Genesis G80 might be better choices, as they consistently rank higher.
Price-wise, the 5-Series aligns closely with its German counterparts. The 530i starts around $58,000, similar to the E-Class and A6. The i5 electric models are priced competitively within the luxury EV sedan segment. The Genesis G80 offers significantly more standard equipment and luxury for a lower starting price, making it a compelling "value luxury" alternative.
Recommendations:
- Better Alternative (Reliability/Value): Genesis G80, Lexus ES.
- Similar Alternative (Luxury/Comfort): Mercedes-Benz E-Class (if comfort and interior opulence are priorities over sportiness).
- Similar Alternative (Tech/AWD capability): Audi A6.
Final Verdict: Is the 2024 BMW 5-Series a Good Vehicle?
The 2024 BMW 5-Series is ideal for discerning buyers who seek a sophisticated blend of engaging driving dynamics, cutting-edge technology, and luxurious comfort in a mid-size sedan. It's perfect for professionals, small families, or empty-nesters who appreciate a premium brand image and a vehicle that excels on both daily commutes and long journeys. With the introduction of the all-electric i5, it also appeals to environmentally conscious luxury buyers.
Is it worth buying? Absolutely, for those who prioritize the "ultimate driving machine" experience combined with modern luxury. For maximum value and the latest features, buying new ensures you get the full warranty and the very newest tech. If considering a new purchase, the 530i offers a great balance of performance and efficiency, while the i5 M60 is for those who demand exhilarating electric performance. For the cautious, waiting a year for initial reliability data to emerge on this new generation might be prudent if buying used, though used models aren't widely available yet. Always opt for models with desired driver-assistance packages for enhanced safety and convenience.
Is it worth buying? Absolutely, for those who prioritize the "ultimate driving machine" experience combined with modern luxury. For maximum value and the latest features, buying new ensures you get the full warranty and the very newest tech. If considering a new purchase, the 530i offers a great balance of performance and efficiency, while the i5 M60 is for those who demand exhilarating electric performance. For the cautious, waiting a year for initial reliability data to emerge on this new generation might be prudent if buying used, though used models aren't widely available yet. Always opt for models with desired driver-assistance packages for enhanced safety and convenience.
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