The 2024 BMW XM is a high-performance plug-in hybrid SUV, first introduced for the 2023 model year. As BMW's first standalone M model since the M1 supercar, it boasts a distinctive and aggressive design. It is offered in two primary trims: the standard XM and the more potent XM Label Red. With a starting MSRP around $159,000, its popularity stems from its audacious styling, immense power, and luxurious interior, making it a statement piece for the affluent buyer seeking unmatched performance in an SUV.
The Good
The 2024 BMW XM excels with its thrilling hybrid performance, lavish comfort, and head-turning design. While not traditionally economical, its plug-in hybrid system offers a degree of efficiency. Its emotional appeal lies in its raw power and unique presence, while practical buyers will appreciate its advanced tech and luxurious interior.
The Bad
Potential buyers should be aware of the 2024 BMW XM's substantial price tag and considerable weight, which can impact handling dynamics and fuel economy when the battery is depleted. Its polarizing design may not appeal to all tastes, and the infotainment system can be complex.
2024 BMW XM: Quick Overview
- Engine Options:
- Standard XM: Twin-turbocharged 4.4-liter V8 plug-in hybrid system.
- XM Label Red: Uprated version of the same V8 plug-in hybrid system.
- Horsepower:
- Standard XM: 644 horsepower.
- XM Label Red: 738 horsepower.
- Fuel Economy:
- EPA estimates for the standard XM are around 47 MPGe combined (electric + gas) and 15 MPG combined (gas only).
- The XM Label Red is expected to have similar, if not slightly lower, MPG figures due to increased performance.
- 0-60 Times:
- Standard XM: Approximately 4.1 seconds.
- XM Label Red: Approximately 3.7 seconds.
- Towing Capacity:
- Towing capacity is not a primary focus for the BMW XM, and it is not typically advertised or recommended for significant towing. It is generally not equipped with a factory tow hitch.
- Trim-Level Features:
- 2024 BMW XM (Standard):
- Hybrid powertrain with a V8 engine and electric motor.
- M Sport suspension with dynamically controlled dampers.
- Integral Active Steering.
- M Compound brakes.
- 21-inch M light alloy wheels.
- Full Merino leather upholstery.
- BMW Curved Display with iDrive 8.
- Head-Up Display.
- Front and rear parking sensors, rearview camera.
- Driving Assistant Professional suite (adaptive cruise control, lane keeping assist, etc.).
- Four-zone automatic climate control.
- Heated and ventilated front seats.
- Power-adjustable front seats with memory.
- Panoramic sunroof.
- Harman Kardon surround sound system.
- Ambient interior lighting.
- Wireless Apple CarPlay and Android Auto.
- 2024 BMW XM Label Red (adds/enhances upon Standard XM):
- Increased horsepower and torque from the hybrid powertrain.
- Unique exterior and interior styling accents in black and red.
- 22-inch M light alloy wheels.
- M Carbon exterior package.
- Exclusive M steering wheel.
- Additional power and torque figures compared to the standard XM.
2024 BMW XM Specifications
Vehicle Information
| Year | 2024 |
| Make | BMW |
| Model | XM |
| Trim | - |
| Style | All-Wheel Drive |
| Type | Used |
| Category | Standard Sport Utility Vehicle |
Manufacturing Details
| Made In | United States |
| Manufacturing City | GREER |
Dimensions
| Doors | 4-Door |
| Curb Weight | 2749.67 kg |
| Gross Vehicle Weight Rating | 3628.74 kg |
| Overall Height | - |
| Overall Length | 511.05 cm |
| Overall Width | - |
| Wheelbase Length | 310.39 cm |
| Standard Seating | 5 |
Engine & Performance
| Engine | 4.4L V8 |
| 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 | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $159,000 USD |
| Invoice Price | - |
| Delivery Charges | $995 USD |
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What Problems Does the 2024 BMW XM Have?
As the 2024 BMW XM is a relatively new model, extensive long-term reliability data is still emerging. However, being a first-generation M-exclusive hybrid, there are areas to monitor. Early reports and considerations for this model, and potentially model year 2023, tend to focus on the complexity of its hybrid powertrain. Issues could potentially arise from the integration of the V8 engine and the electric motor, battery management systems, and the associated control electronics. Some owners have reported software glitches within the iDrive system, which can sometimes lead to minor inconveniences such as infotainment screen unresponsiveness or connectivity issues.
Due to its advanced nature, some mechanical components, particularly those related to the hybrid system and high-performance engine, might require more specialized and potentially costly maintenance over time. While BMW generally has a strong reputation for reliability, the intricate nature of a plug-in hybrid performance vehicle like the XM means that potential issues, when they do occur, could be more complex to diagnose and repair compared to a conventional gasoline-powered vehicle.
Recalls for the 2023 model year have been minimal and typically relate to standard vehicle safety equipment or minor software updates. For instance, there have been recalls concerning potential issues with the battery’s thermal management system or seatbelt pretensioners, which are common for many manufacturers. It is crucial for owners to stay updated on any safety recalls issued by BMW and ensure that their vehicle is serviced accordingly.
Long-term reliability concerns for any high-performance, technologically advanced vehicle often revolve around the longevity of specialized components. For the XM, this would include the hybrid battery pack, electric motor, and power electronics. While these systems are designed to be durable, their performance and lifespan can be influenced by driving habits, charging frequency, and maintenance adherence. Owners should prioritize following the manufacturer's recommended maintenance schedule meticulously to mitigate potential long-term issues.
Due to its advanced nature, some mechanical components, particularly those related to the hybrid system and high-performance engine, might require more specialized and potentially costly maintenance over time. While BMW generally has a strong reputation for reliability, the intricate nature of a plug-in hybrid performance vehicle like the XM means that potential issues, when they do occur, could be more complex to diagnose and repair compared to a conventional gasoline-powered vehicle.
Recalls for the 2023 model year have been minimal and typically relate to standard vehicle safety equipment or minor software updates. For instance, there have been recalls concerning potential issues with the battery’s thermal management system or seatbelt pretensioners, which are common for many manufacturers. It is crucial for owners to stay updated on any safety recalls issued by BMW and ensure that their vehicle is serviced accordingly.
Long-term reliability concerns for any high-performance, technologically advanced vehicle often revolve around the longevity of specialized components. For the XM, this would include the hybrid battery pack, electric motor, and power electronics. While these systems are designed to be durable, their performance and lifespan can be influenced by driving habits, charging frequency, and maintenance adherence. Owners should prioritize following the manufacturer's recommended maintenance schedule meticulously to mitigate potential long-term issues.
How long will the 2024 BMW XM last?
Estimating average mileage or years of service for a 2024 BMW XM is challenging given its novelty and niche market. However, based on BMW's general reputation for longevity and assuming diligent owner maintenance, these vehicles could realistically last 10-15 years and well over 150,000 miles. Long-term durability hinges significantly on the complex hybrid powertrain. Weaknesses over time could manifest in the hybrid battery's capacity degradation or potential issues with the electric motor and associated power electronics. Regular, specialized maintenance will be critical to preserving the integrity of these advanced systems. Owners who prioritize consistent charging and adhere strictly to BMW's service intervals are likely to experience greater long-term reliability.
What Technology & Safety Features are Included?
The 2024 BMW XM is a technological showcase, laden with cutting-edge features.
Built-in Tech & Entertainment: At its core is the BMW Curved Display, a seamless integration of a 12.3-inch digital instrument cluster and a 14.9-inch central touchscreen, powered by the latest iDrive 8 operating system. This system supports intuitive touch, voice, and gesture controls, offering navigation, media, smartphone integration (wireless Apple CarPlay and Android Auto), and access to vehicle settings. Standard audio is a high-fidelity Harman Kardon surround sound system, with an optional Bowers & Wilkins Diamond Surround Sound System for an even more immersive experience. Wireless device charging, multiple USB ports, and ambient interior lighting are also standard.
Driver-Assistance Features: BMW's comprehensive Driving Assistant Professional suite is standard, providing a high level of semi-autonomous driving capability. This includes Active Cruise Control with Stop & Go, Steering and Lane Control Assistant, Lane Keeping Assistant with active side collision protection, Evasion Assistant, and Cross-Traffic Alert. Parking Assistant Plus offers a 360-degree camera system, including Remote 3D View, and Parking Assistant for automated parking maneuvers. Optional features can extend this further, potentially including enhanced parking functionalities or more advanced highway driving assistance.
Safety Features: Beyond the driver-assistance systems, the XM is equipped with a full suite of passive safety features, including multiple airbags (front, side, knee, curtain), anti-lock braking system (ABS), dynamic stability control (DSC), and advanced traction control. It also includes a comprehensive tire pressure monitoring system and emergency call functionality.
Crash-Test Ratings: As a new and niche model, official NHTSA and IIHS crash-test ratings for the 2024 BMW XM may not be fully available or tested at the time of its release. However, BMW vehicles generally perform very well in crash tests, and the XM is built with a robust structure and advanced safety systems designed to meet and exceed modern safety standards. Owners should check official safety rating websites closer to the vehicle's availability for the most up-to-date information.
Built-in Tech & Entertainment: At its core is the BMW Curved Display, a seamless integration of a 12.3-inch digital instrument cluster and a 14.9-inch central touchscreen, powered by the latest iDrive 8 operating system. This system supports intuitive touch, voice, and gesture controls, offering navigation, media, smartphone integration (wireless Apple CarPlay and Android Auto), and access to vehicle settings. Standard audio is a high-fidelity Harman Kardon surround sound system, with an optional Bowers & Wilkins Diamond Surround Sound System for an even more immersive experience. Wireless device charging, multiple USB ports, and ambient interior lighting are also standard.
Driver-Assistance Features: BMW's comprehensive Driving Assistant Professional suite is standard, providing a high level of semi-autonomous driving capability. This includes Active Cruise Control with Stop & Go, Steering and Lane Control Assistant, Lane Keeping Assistant with active side collision protection, Evasion Assistant, and Cross-Traffic Alert. Parking Assistant Plus offers a 360-degree camera system, including Remote 3D View, and Parking Assistant for automated parking maneuvers. Optional features can extend this further, potentially including enhanced parking functionalities or more advanced highway driving assistance.
Safety Features: Beyond the driver-assistance systems, the XM is equipped with a full suite of passive safety features, including multiple airbags (front, side, knee, curtain), anti-lock braking system (ABS), dynamic stability control (DSC), and advanced traction control. It also includes a comprehensive tire pressure monitoring system and emergency call functionality.
Crash-Test Ratings: As a new and niche model, official NHTSA and IIHS crash-test ratings for the 2024 BMW XM may not be fully available or tested at the time of its release. However, BMW vehicles generally perform very well in crash tests, and the XM is built with a robust structure and advanced safety systems designed to meet and exceed modern safety standards. Owners should check official safety rating websites closer to the vehicle's availability for the most up-to-date information.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
2024 BMW XM Prices and Market Value
When new, the 2024 BMW XM carries a substantial price tag, with the base model starting around $159,000 and the more exclusive Label Red variant commanding upwards of $185,000.
Current used market prices are still developing due to the vehicle's recency. Early indications suggest that used models may see a depreciation of 10-20% in the first year, which is typical for high-end luxury vehicles. However, the XM's distinctive nature and limited production might mitigate steeper depreciation over the long term compared to more common SUVs.
Factors affecting resale value include mileage, overall condition, maintenance history, the presence of desirable optional packages, and the desirability of specific trims like the Label Red. As the market matures, depreciation rates may stabilize, but the high initial cost will always be a significant factor in its resale value.
Current used market prices are still developing due to the vehicle's recency. Early indications suggest that used models may see a depreciation of 10-20% in the first year, which is typical for high-end luxury vehicles. However, the XM's distinctive nature and limited production might mitigate steeper depreciation over the long term compared to more common SUVs.
Factors affecting resale value include mileage, overall condition, maintenance history, the presence of desirable optional packages, and the desirability of specific trims like the Label Red. As the market matures, depreciation rates may stabilize, but the high initial cost will always be a significant factor in its resale value.
2024 BMW XM Cost of Ownership
The 2024 BMW XM is decidedly costly to own. Insurance premiums will be high due to its luxury status, high performance, and expensive components. Fuel costs will vary significantly; while it offers some all-electric range, relying on its V8 hybrid system will result in costs comparable to other large, powerful SUVs, with EPA ratings around 15 MPG combined. Maintenance and repairs are also expected to be expensive, requiring specialized technicians for the hybrid system and premium parts. Routine servicing, potential hybrid component replacement, and high-performance tire wear will contribute to a significant annual outlay, making it far from economical.
2024 BMW XM Fuel Efficiency
Fuel Type
HEV
Fuel Capacity
19.31 liters
City Mileage
8.46 km/l
Highway Mileage
5.91 km/l
2024 BMW XM Safety Rating
NHTSA
2024 BMW XM Warranty
Basic
Original warranty
48 months / 50,000 miles
Estimated remaining
24 months / 50,000 miles
Powertrain
Original warranty
48 months / 50,000 miles
Estimated remaining
24 months / 50,000 miles
Rust
Original warranty
144 months / unlimited miles
Estimated remaining
120 months / unlimited miles
2024 BMW XM Insurance
Insurance for a 2024 BMW XM is moderately priced, reflecting its status as a Used with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2024 BMW XM Compare to Other Used?
The 2024 BMW XM occupies a unique space, primarily challenging ultra-luxury performance SUVs that offer hybrid powertrains. Its most direct rivals include the Porsche Cayenne Turbo E-Hybrid and potentially higher-end trims of the Lamborghini Urus or Aston Martin DBX, though these may not always feature hybrid powertrains.
Performance: The XM, especially the Label Red, boasts immense horsepower and quick acceleration, putting it at the forefront of performance SUVs. The Cayenne Turbo E-Hybrid offers comparable, if not superior, handling dynamics due to Porsche's engineering focus on agility. The Urus and DBX offer raw, unadulterated performance but often at the expense of efficiency and electrification.
Features: All these vehicles are packed with luxury amenities and advanced technology. The BMW XM excels with its distinct interior design, BMW's refined iDrive system, and the comprehensive standard driver-assistance suite. The Cayenne is known for its driver-focused cockpit and sophisticated infotainment. The Urus and DBX offer bespoke luxury and exclusivity, often with more customization options.
Reliability: BMW generally holds a strong reputation for reliability, but the XM, being a complex first-generation hybrid, might face more scrutiny than established models. Porsche also has a good reliability record, though high-performance models can incur higher maintenance costs. Lamborghini and Aston Martin, while offering incredible performance and luxury, historically have not been top-tier for long-term, trouble-free reliability, and their maintenance costs are exceptionally high.
Price: The BMW XM is priced competitively within this ultra-luxury performance segment, often slotting below the most exotic options like the Urus or DBX, but generally above the Cayenne Turbo E-Hybrid.
Recommendations:
- For extreme performance and handling: The Porsche Cayenne Turbo E-Hybrid is a strong contender, offering a more traditional sports-car feel in an SUV body.
- For ultimate exclusivity and V8 grunt: The Lamborghini Urus or Aston Martin DBX (non-hybrid variants) offer a more visceral, less electrified, but significantly more expensive experience.
- If hybrid efficiency is a priority but with less ostentation: The Mercedes-AMG GLE 63 S E Performance could be considered, though it doesn't quite match the XM's sheer statement-making presence.
Performance: The XM, especially the Label Red, boasts immense horsepower and quick acceleration, putting it at the forefront of performance SUVs. The Cayenne Turbo E-Hybrid offers comparable, if not superior, handling dynamics due to Porsche's engineering focus on agility. The Urus and DBX offer raw, unadulterated performance but often at the expense of efficiency and electrification.
Features: All these vehicles are packed with luxury amenities and advanced technology. The BMW XM excels with its distinct interior design, BMW's refined iDrive system, and the comprehensive standard driver-assistance suite. The Cayenne is known for its driver-focused cockpit and sophisticated infotainment. The Urus and DBX offer bespoke luxury and exclusivity, often with more customization options.
Reliability: BMW generally holds a strong reputation for reliability, but the XM, being a complex first-generation hybrid, might face more scrutiny than established models. Porsche also has a good reliability record, though high-performance models can incur higher maintenance costs. Lamborghini and Aston Martin, while offering incredible performance and luxury, historically have not been top-tier for long-term, trouble-free reliability, and their maintenance costs are exceptionally high.
Price: The BMW XM is priced competitively within this ultra-luxury performance segment, often slotting below the most exotic options like the Urus or DBX, but generally above the Cayenne Turbo E-Hybrid.
Recommendations:
- For extreme performance and handling: The Porsche Cayenne Turbo E-Hybrid is a strong contender, offering a more traditional sports-car feel in an SUV body.
- For ultimate exclusivity and V8 grunt: The Lamborghini Urus or Aston Martin DBX (non-hybrid variants) offer a more visceral, less electrified, but significantly more expensive experience.
- If hybrid efficiency is a priority but with less ostentation: The Mercedes-AMG GLE 63 S E Performance could be considered, though it doesn't quite match the XM's sheer statement-making presence.
Final Verdict: Is the 2024 BMW XM a Good Used?
The 2024 BMW XM is ideal for the affluent buyer seeking an unapologetically bold statement vehicle that delivers immense power and luxury without compromise on presence. It's for those who prioritize head-turning design and the thrill of hybrid performance over traditional SUV practicality or fuel economy.
Whether it's worth buying depends on the buyer's priorities and budget. As a new vehicle, it represents the pinnacle of BMW's M division innovation and luxury, offering a unique proposition. Buying used might offer better value, but potential buyers should be aware of the high maintenance costs associated with such a complex vehicle. The XM Label Red is for those who desire the absolute maximum performance and exclusivity BMW offers in this segment. It's a purchase driven more by passion and desire than pure practicality or economic sense.
Whether it's worth buying depends on the buyer's priorities and budget. As a new vehicle, it represents the pinnacle of BMW's M division innovation and luxury, offering a unique proposition. Buying used might offer better value, but potential buyers should be aware of the high maintenance costs associated with such a complex vehicle. The XM Label Red is for those who desire the absolute maximum performance and exclusivity BMW offers in this segment. It's a purchase driven more by passion and desire than pure practicality or economic sense.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.