2024 BMW i5 and 5 Series Pricing: Gas, Hybrid, EV, and More AWD Trims Now

In a move that will surely shake up the luxury sedan market, BMW has dropped the mic with the pricing details and introduction of new all-wheel drive trims for its gas and all-electric 5 Series lineup. The Bavarian automaker is rolling out the red carpet, and we’re here to dissect what this means for your wallet and driving pleasure.

BMW 530i and 530i xDrive: Starting at $58,895 and $61,195

Starting off with a bang, we have the 530i. It’s the bread and butter of the lineup, boasting a 2.0-liter turbocharged I-4 engine that churns out 255 horsepower and 295 lb-ft of torque. Paired with an 8-speed automatic transmission, this sedan is a smooth operator. Opt for the xDrive all-wheel drive, and you’ll shave 0.1 second off your 0-60 time, clocking in at a brisk 5.8 seconds. But let’s be real, it's still the entry-level choice for those who want to dip their toes in the luxury pool without diving headfirst into the deep end.

BMW 540i xDrive: Priced at $65,895

The 540i xDrive is the new kid on the block, and while it may not have been part of the original plan, it’s here to make a statement. Though BMW is keeping the specs under wraps for now, we’re expecting this model to pack more punch than the 530i xDrive. If we look at its electric cousin, the i4 xDrive40, we can speculate a power output in the ballpark of 396 horsepower. Not too shabby, right?

BMW 550e xDrive: Yours for $74,795

Next up, we have the 550e xDrive, a plug-in hybrid that brings the best of both worlds. Set to hit the U.S. market in the spring of 2024, this model is rumored to house a robust 3.0-liter I-6 engine, boasting 489 horsepower and 515 lb-ft of torque. While BMW is playing coy with the details, this model is shaping up to be a powerhouse.

BMW i5 eDrive40 and i5 xDrive40: Priced at $67,795 and $70,795

For those looking to make the electric leap, the i5 eDrive40 is the entry point, albeit at a nearly $10,000 premium over its gas counterpart. But what you get in return is 335 horsepower and a 0-60 time that’s a hair quicker than the 530i xDrive. The xDrive40 variant remains a mystery, but we’re expecting it to follow closely in terms of power, with a quicker 0-60 time and a slight compromise in range.

BMW i5 M60 xDrive: The King at $85,095

And then there’s the i5 M60 xDrive, the crown jewel of the lineup. With a dual-motor all-wheel drive setup, this beast boasts 593 horsepower, a 0-60 time of 3.7 seconds, and a top speed of 130 mph. On a full charge, you’re looking at an estimated range of 240-256 miles, making it a performance powerhouse that doesn’t shy away from the long haul.

Future BMW M5: Stay Tuned

But wait, there’s more. BMW has teased us with the promise of a plug-in hybrid V-8 M5, set to debut around 2025. While the electric 5 Series makes waves, the M division is sticking to its guns with a plug-in hybrid for this performance monster, targeting a jaw-dropping 700 horsepower. And yes, all-wheel drive is a given.

In the end, BMW’s latest 5 Series lineup is a buffet of powertrains, price points, and performance. Whether you’re after the tried-and-true gasoline engine, a plug-in hybrid for the best of both worlds, or ready to embrace the electric revolution, there’s something for everyone. Buckle up, because BMW is taking us on a wild ride through luxury, performance, and innovation. And we’re here for it.