2024 BMW 5-Series Changes
BMW raises the bar for its midsize 5-Series sedan for the 2024 model year with the introduction of a fully redesigned model that kicks off the car’s eighth generation. The new 5-Series doesn’t move away from BMW’s well-formulated recipe, as the sedan continues to have a roomy cabin with premium materials and high-tech features. This time around, it does so with an updated design, new tech features, a larger size, and new engines.
For the first time in the 5-Series’ history, the sedan will be available with an all-electric powertrain with the i5, which is covered separately. A new high-performance BMW M5 is also on the way and that vehicle will also be covered separately.
Choosing Your 2024 BMW 5-Series
At the time of launch, the 2024 BMW 5-Series will be available in two trims: 530i and 530i xDrive. The 540i xDrive will join the lineup in 2024. 2024 BMW 5-Series prices start at $58,895 and go up to $65,895.
2024 BMW 5-Series Engine Options
The standard 2024 BMW 5-Series engine is a turbocharged 2.0-liter four-cylinder engine that’s augmented by a 48-volt mild-hybrid system. Power output for the 530i and 530i xDrive are rated at 255 horsepower and 295 pound-feet of torque. Models with the xDrive designation come with all-wheel drive, while rear-wheel drive is standard.
The 2024 540i xDrive features a turbocharged 3.0-liter six-cylinder engine with a 48-volt mild-hybrid system. The six-cylinder engine makes 375 hp and 348 lb-ft, with the latter figure being boosted to 398 lb-ft of torque with extra power from the hybrid system.
BMW claims the 530i xDrive can get to 60 mph in 5.8 seconds, while the 540i xDrive can complete the sprint in 4.5 seconds.
All 5-Series models come with an eight-speed automatic transmission.
2024 BMW 5-Series Fuel Economy
Fuel economy figures for the 2024 BMW 5-Series aren’t available yet. With the addition of a mild-hybrid system, we expect the fully redesigned model to be more efficient than the outgoing model.
2024 BMW 5-Series Dimensions & Cargo Capacity
The 2024 BMW 5-Series is available as a midsize sedan that is 199.2 inches long, 74.8 inches wide, and 59.6 inches tall. The sedan’s wheelbase measures 117.9 inches. The midsize sedan offers up to 37 inches of rear legroom. Cargo capacity for the midsize sedan measures 18.4 cubic feet of space in its trunk.

2024 BMW 5-Series Safety
BMW offers the 5-Series with an extensive list of standard safety features. Standard equipment includes forward collision warning, automatic emergency braking, lane keeping assist, active blind spot monitoring, rear cross-traffic alert, parking assist, left-turn warning, traffic sign recognition, safe exit assist, and lane departure warning.
The Premium package costs $2,550 and includes a head-up display, full LED lights with cornering lights, and BMW’s Parking Assistant Plus system. Adaptive cruise control, BMW’s Active Driving Assistant, BMW’s Parking Assistant Plus, a head-up display, and full LED lights with cornering lights are available through the $4,450 Executive package.
BMW also offers the 5-Series with the Driving Assistance Professional Package that includes BMW’s Active Driving Assistant Pro system and its Highway Assistant system. The former is a partially automated driving system that features steering assist, lane change assist, adaptive cruise control, and evasion assist. Highway Assistant allows for hands-free driving on the highway at speeds of up to 85 mph.
2024 BMW 5-Series Technology
The 2024 BMW 5-Series comes with a standard 12.3-inch digital instrument cluster and a 14.9-inch central touchscreen that are integrated into a single curved glass panel. BMW’s latest Operating System 8.5 is included. Standard features include Apple CarPlay, Android Auto, a wireless charging pad, and a Harman Kardon audio system.
The available Premium package includes natural voice recognition, remote engine start, a head-up display, and an interior camera. A Bowers and Wilkins audio system costs $950 and remote engine start is available for $300.

2024 BMW 5-Series Trims & Prices
2024 BMW 530i – MSRP From $58,895
Build & Price >The base 530i trim comes with 19-inch wheels, heated exterior mirrors, synthetic leather upholstery, wood trim, keyless entry, power-adjustable seats, a two-way power glass moonroof, auto-dimming mirrors, automatic climate control, a universal garage door opener, and a power trunk lid.
Merino leather upholstery is available for $2,450, Alpine White is the only no-cost paint job with other colors ranging from $650 to $3,600, BMW’s Sky Lounge Roof costs $600, power rear sunshades cost $600, and front ventilated seats priced at $500.
BMW offers the 530i with three major packages. The $750 Convenience package includes remote engine start, a heated steering wheel, and heated front seats. The $2,550 Premium package adds content from the Convenience package but adds an interior camera and some extra tech features. The available $4,450 Executive Package combines the two other packages and includes glass controls, a Sky Lounge Roof, power sunshades, and more tech features.
2024 BMW 530i xDrive – MSRP From $61,195
Build & Price >The 530i xDrive shares all of the same standard and optional features as the 530i, but comes with AWD.
2024 BMW 540i xDrive – MSRP From $65,895
Build & Price >The 540i xDrive comes similarly equipped as the 530i xDrive, but comes with the more powerful six-cylinder engine.
The base 2024 BMW 530i comes well-equipped with luxury and tech features to feel like relatively good value. Drivers seeking extra performance will find the 540i xDrive’s six-cylinder engine to be a large upgrade. BMW charging extra for heated seats in a $60,000 luxury sedan doesn’t make sense, but they’re included with the Premium package, which is a good optional extra for most shoppers.