How Much is a BMW M5?

The BMW M5 is one of the most iconic and sought-after high-performance luxury sedans on the market. But how much does this powerful German machine cost? In this comprehensive guide, we’ll dive into the pricing, variants, and overall value proposition of the 2023 BMW M5.

Understanding the Pricing of the BMW M5

The starting MSRP for the 2023 BMW M5 comes in at a hefty $109,900. However, this is just the base price, and the final cost can quickly climb depending on the selected options and packages.

The price of the BMW M5 is influenced by several key factors:

MSRP and Price Range

• The standard BMW M5 has an MSRP of $109,900, while the more powerful M5 Competition model starts at $117,500.
• Depending on the specific options and packages added, the final price can range anywhere from around $110,000 to over $130,000.

Factors Affecting the Cost

• Engine and Performance Upgrades: The Competition package and other performance-enhancing options can add thousands to the base price.
• Interior Luxury Features: Upgrading the leather, adding massaging seats, or selecting a premium audio system will increase the cost.
• Advanced Technology: Features like the Driver Assistance Plus package can also drive up the price.

Standard Features vs. Optional Extras

• The base BMW M5 comes well-equipped with standard features like leather upholstery, dual 12.3-inch displays, and a 12-speaker Harman Kardon audio system.
• However, many desirable features, such as a moonroof, ventilated and massaging front seats, and a 16-speaker Bowers & Wilkins sound system, are optional and will add to the final price.

BMW M5 Variants and Trims

While the BMW M5 is only available in a single trim level, there are a few different variants to consider:

Base M5 Model

• The standard BMW M5 is powered by a 4.4-liter twin-turbo V8 engine producing 600 horsepower and 553 lb-ft of torque.
• This model has an MSRP of $109,900 and comes with a host of standard features.

M5 Competition Package

• For those seeking even more performance, the M5 Competition model is available for $117,500.
• The Competition package adds 17 horsepower, a sportier suspension, larger wheels, and a more aggressive exhaust.

Special Edition Models

• BMW has also released limited-edition M5 variants over the years, such as the M5 “50 Jahre M Edition” introduced in 2022.
• These special models typically command a premium price and feature exclusive design elements and additional upgrades.

When comparing the different M5 trims, the price gap between the base model and the Competition package is significant, but the extra performance and handling enhancements may be worth it for enthusiasts.

Comparing the BMW M5 to Competitors

The BMW M5 competes with other high-performance luxury sedans in the six-figure price range, including:

• Mercedes-AMG E63 S ($107,500 MSRP)
• Audi RS7 Sportback ($117,500 MSRP)
• Cadillac CT5-V Blackwing ($84,990 MSRP)

While the Mercedes and Audi models are priced similarly to the M5, the Cadillac CT5-V Blackwing offers slightly more horsepower and a lower starting price. However, the BMW M5 is often praised for its exceptional balance of performance, luxury, and daily drivability.

Ownership Costs and Considerations

In addition to the initial purchase price, there are several other ongoing costs to factor in when owning a BMW M5:

Fuel Economy and Running Costs

• The M5 is rated at 15 mpg in the city and 21 mpg on the highway, which can translate to higher fuel expenses compared to more efficient luxury sedans.
• The M5’s high-performance nature also means it may require more frequent maintenance and repairs, adding to the long-term ownership costs.

Insurance Premiums

• As a high-performance, high-value vehicle, the BMW M5 will likely come with higher insurance premiums than more mainstream luxury sedans.
• Factors like the car’s price, power, and crash-test ratings can all influence insurance rates.

Maintenance and Repair Expenses

• Servicing and repairing a high-performance German sedan like the M5 can be more costly than more common vehicle models.
• Regular maintenance, such as oil changes and brake work, may come with a premium price tag at BMW dealerships.

Tips for Buying a BMW M5

If you’re in the market for a BMW M5, here are a few tips to consider:

New vs. Used Considerations

• New M5 models offer the latest technology and features, but used examples can provide significant savings.
• Carefully inspect any used M5 and consider the vehicle’s maintenance history and remaining warranty coverage.

Negotiating the Best Price

• While the M5’s price is fairly firm, there may be some room for negotiation, especially on less popular color or option combinations.
• Research the current market conditions and be prepared to negotiate firmly but fairly.

Financing and Leasing Options

• Given the M5’s high price tag, many buyers may opt to finance or lease the vehicle rather than pay cash.
• Explore financing options through BMW or third-party lenders to find the best terms and interest rates.

Is the BMW M5 Worth the Price?

For performance enthusiasts seeking a potent and prestigious luxury sedan, the BMW M5 is often considered worth the premium price. The M5 delivers exceptional acceleration, handling, and refinement, making it a true standout in the high-performance luxury segment.

While the M5’s MSRP and ongoing ownership costs are certainly high, the vehicle’s combination of power, luxury, and exclusivity resonates with many discerning buyers. The M5’s strong resale value also helps offset some of the initial cost.

Ultimately, whether the BMW M5 is worth the price tag comes down to individual priorities and preferences. For those who value supreme driving dynamics and the prestige of the M badge, the M5’s price tag may be well justified. However, buyers on a tighter budget may find more value in one of the M5’s slightly less expensive competitors.

Conclusion

The BMW M5 is a triumph of German engineering, blending world-class performance with everyday luxury and refinement. While the M5’s starting MSRP of $109,900 may seem steep, the car’s capabilities and exclusivity make it a compelling choice for performance enthusiasts with deep pockets.

By understanding the M5’s pricing structure, available variants, and ongoing ownership costs, buyers can make an informed decision on whether this iconic super sedan is the right fit for their needs and budget. With a keen eye for negotiation and a willingness to explore financing options, the BMW M5 can be a rewarding and prestigious addition to any garage.