The 2023 BMW M5 represents the swan song for the legendary F90 generation, marking the last year before BMW's transition to the plug-in hybrid G90 model With 617 horsepower in Competition trim, a starting MSRP of $108,895, and blistering 2.8-second 0-60 mph acceleration, this final non-hybrid M5 delivers supercar performance wrapped in executive sedan practicality For enthusiasts seeking the last traditional twin-turbo V8 M5 before electrification, the 2023 model presents a compelling—and potentially collectible—proposition.
2023 BMW M5 Overview: Last of the F90 Generation
What's New for 2023
BMW made subtle but strategic changes to the M5's final F90 model year. The Competition package, previously offered as a standalone model, became an optional upgrade for 2023, simplifying the lineup Two new exterior colors joined the palette—San Remo Green and Skyscraper Grey—while several previous-year shades were discontinued BMW also discontinued the Bowers & Wilkins Diamond surround sound system, leaving the Harman Kardon as the premium audio option
According to Autvex automotive experts, these minimal changes reflect BMW's decision to let the proven F90 formula stand on its own merits rather than introduce last-minute alterations before the redesign.
2023 Model Year Changes:
Competition converted from standalone model to option package
New colors: San Remo Green metallic, Skyscraper Grey metallic
Interior options: Smoke White/Black and Tartufo Full Merino leather
Bowers & Wilkins audio discontinued
Key Specifications at a Glance
SpecificationBase M5M5 CompetitionEngine4.4L twin-turbo V84.4L twin-turbo V8Horsepower600 hp @ 6,000 rpm617 hp @ 6,000 rpmTorque553 lb-ft553 lb-ft0-60 mph3.2 seconds2.8 seconds (tested)Quarter-Mile10.9 seconds10.6 seconds @ 130 mphTop Speed155 mph (190 mph w/ M Driver's Package)190 mph (w/ M Driver's Package)Starting MSRP$108,895~$117,495 (with Competition package)
The 2023 M5's impressive specifications position it as one of the fastest sedans ever produced, rivaling dedicated supercars while maintaining four-door practicality
Target Buyer Profile
The 2023 M5 appeals to a specific demographic: performance enthusiasts who value daily usability over raw, unfiltered driving experiences. Buyers preferring the traditional V8 M5 before BMW's PHEV transition represent a significant portion of the market Executives desiring understated supercar performance in an inconspicuous package find the M5's sleeper aesthetic particularly attractive
For those wondering how long it takes to purchase a performance sedan, the M5's strong dealer demand means buyers should expect standard timelines unless seeking specific configurations.
M5 CS Limited Edition Context
BMW briefly offered the M5 CS variant in 2022 and early 2023, representing the ultimate expression of F90 performance. With 627 horsepower and 256 pounds less weight than the standard M5, the CS delivered enhanced track capabilities Its limited production run and $142,000 starting price positioned it as a collectible variant, though its availability ended before most 2023 M5 sedans reached showrooms
Engine & Performance: Twin-Turbo V8 Power
S63 Engine Specifications
The heart of the 2023 M5 is BMW's S63 twin-turbocharged 4.4-liter V8, an evolution of the engine found in previous-generation M cars. The base model produces 600 horsepower at 6,000 rpm with 553 lb-ft of torque, while the Competition package boosts output to 617 horsepower while maintaining the same torque figure
S63 Engine Key Features:
Aluminum block and cylinder heads for weight reduction
Twin-scroll turbochargers with cross-bank exhaust manifolds
Direct fuel injection with precision spray-guided combustion
VANOS variable valve timing on intake and exhaust camshafts
Dry-sump lubrication system for optimal oil supply during hard cornering
The S63's sophisticated design delivers instantaneous throttle response, minimizing the turbo lag that plagued earlier forced-induction engines
Transmission & Drivetrain
Power routes through an eight-speed ZF 8HP automatic transmission paired with BMW's M xDrive all-wheel-drive system This represents a significant departure from previous M5 generations, which were exclusively rear-wheel drive. However, BMW engineered the xDrive system with a rear bias, and drivers can configure it for rear-wheel-drive-only operation when electronic stability control is disabled
The torque-converter automatic was chosen over a dual-clutch transmission for its durability and smoother low-speed operation, particularly beneficial for daily driving scenarios Launch control functionality optimizes clutch slip and torque distribution for consistent acceleration runs
Acceleration & Top Speed Performance
The 2023 M5 Competition's acceleration defies physics for a 4,096-pound sedan. Car and Driver's instrumented testing recorded 0-60 mph in 2.8 seconds—quicker than BMW's conservative 3.1-second claim—with the quarter-mile dispatched in 10.6 seconds at 130 mph The base model, while slightly less potent, still achieves 0-60 mph in 3.2 seconds
For context, these figures place the M5 squarely in supercar territory. The standard 155-mph top speed increases to 190 mph with the optional M Driver's Package, which also includes a high-performance driving course at a BMW facility
Real-World Driving Dynamics
Behind the wheel, the M5 delivers what Car and Driver described as "rocket-ship propulsion" The M xDrive system provides exceptional all-weather capability, making the M5 a genuine year-round performance option unlike rear-drive competitors Track-capable performance coexists with everyday usability, a hallmark of the M5 lineage since its inception
Exterior Design & Styling
Overall Design Philosophy
The 2023 M5 maintains BMW's understated design philosophy, eschewing the dramatic styling cues of competitors. This "sleeper" aesthetic resonates with enthusiasts who prefer their performance cars to blend into traffic rather than announce their presence Unlike the controversial oversized grille of the G80 M3, the M5's styling remains more conservative than its M3 stablemate, appealing to buyers seeking subtle sophistication.
Front & Rear Design Elements
Exterior Design Highlights:
Aggressive air intakes optimized for twin-turbo cooling
Adaptive LED headlights with automatic high-beam functionality
Subtle integrated rear spoiler
Quad exhaust outlets (Competition package)
M-specific side mirrors with aero optimization
Black high-gloss trim elements on Competition models
The Competition package adds gloss-black exterior accents and a more aggressive exhaust note, providing visual and auditory distinction from the base model
Available Exterior Colors
Color CategoryAvailable OptionsNew for 2023San Remo Green metallic, Skyscraper Grey metallicMetallic OptionsBlack Sapphire, Marina Bay Blue, Tanzanite Blue IIStandard ColorsAlpine White, Alvite Grey, Dark Graphite, Aventurin RedDiscontinued 2023Brand's Hatch Grey, Snapper Rocks Blue, Motegi Red, Donington Grey
The new San Remo Green represents a bold choice for M5 buyers, evoking classic BMW M color schemes while remaining distinctive in modern traffic
Dimensions & Physical Presence
At 196.4 inches long with a 117.4-inch wheelbase, the M5 occupies similar space to executive sedans like the Mercedes E-Class Its 4,096-pound curb weight represents a significant advantage over the 2024 hybrid model, which tips the scales at 5,251 pounds—over 1,000 pounds heavier This weight difference has profound implications for handling dynamics and driving feel, making the 2023 model particularly appealing to purists.
Interior Design, Comfort & Quality
Cabin Layout & Driver Focus
The M5's interior balances motorsport-inspired elements with luxury sedan refinement. Sport seats with aggressive bolstering provide excellent lateral support during spirited driving without compromising long-distance comfort Premium materials throughout the cabin reinforce the M5's positioning as both a performance machine and executive transport
Standard Interior Features:
Merino leather upholstery
Heated front seats and steering wheel
Four-zone automatic climate control
Customizable ambient lighting
Driver-focused gauge cluster
M-specific sport steering wheel
Seating & Passenger Space
The M5 comfortably accommodates four adults, with rear seating best suited for two passengers The Competition package upgrades to enhanced sport seats with additional adjustability and bolstering. Passenger volume totals 102 cubic feet, competitive within the segment
Materials & Build Quality
BMW's attention to material quality shines throughout the 2023 M5. Standard Merino leather covers all seating surfaces, while soft-touch materials dominate touchpoints For 2023, BMW introduced Smoke White/Black and Tartufo full Merino leather interior options, expanding personalization choices
Autvex research indicates that M5 owners consistently rate interior quality among the sedan's strongest attributes, praising fit-and-finish that rivals luxury marques like Audi and Mercedes-Benz.
Executive Package Luxury Upgrades
The optional Executive package elevates luxury appointments significantly:
Ventilated and massaging front seats
Heated rear seats
Soft-closing doors with premium dampening
Power rear sunshade
Manual rear side window shades
Surround-view camera system
Enhanced parking sensors with automatic braking
This package transforms the M5 from a sport sedan into a true luxury performance machine, ideal for buyers prioritizing comfort alongside capability.
Cargo Space & Practicality
The M5's 14 cubic feet of trunk space held six carry-on suitcases in Car and Driver's testing, demonstrating genuine practicality Split-folding rear seats accommodate longer items when necessary. This pragmatic approach to cargo management ensures the M5 remains a viable daily driver rather than a weekend-only performance car.
For buyers considering used high-performance sedans, the M5's practicality represents a significant advantage over two-door sports cars.
Technology & Infotainment Systems
iDrive 7 Interface & Displays
The 2023 M5 features BMW's iDrive 7 operating system, displayed across dual 12.3-inch screens—one serving as the instrument cluster, the other as the central touchscreen A traditional rotary controller supplements touchscreen operation, providing tactile feedback preferred by many drivers
Technology Highlights:
Dual 12.3-inch high-resolution displays
Rotary controller and touchscreen input methods
Customizable digital gauge cluster
Intuitive menu structure with crisp graphics
Voice command functionality
Natural speech recognition
Owners consistently praise iDrive 7's responsiveness and logical menu organization, contrasting favorably with more complex systems from competitors
Connectivity & Smartphone Integration
FeatureStandard EquipmentApple CarPlayWireless integrationAndroid AutoWireless integrationWi-Fi HotspotIncludedWireless ChargingStandard padUSB PortsMultiple Type-C connectionsSatellite RadioSubscription included
The wireless smartphone integration eliminates cable clutter while maintaining full functionality
Audio System Options
The standard 16-speaker Harman Kardon surround sound system delivers premium audio quality that satisfies most buyers Notably, BMW discontinued the optional Bowers & Wilkins Diamond system for 2023, simplifying audio choices. Owners report the Harman Kardon system provides excellent clarity and bass response, particularly when paired with higher-quality streaming services
Navigation & Driver Information
Standard navigation includes high-resolution traffic overlays that provide real-time routing adjustments The head-up display projects critical information—speed, navigation prompts, driver assistance alerts—directly onto the windshield, allowing drivers to maintain focus on the road ahead. The customizable digital gauge cluster adapts to selected drive modes, displaying minimal information in Comfort mode or comprehensive performance data in Track mode.
Drive Mode Customization
The M5 offers extensive drive mode customization through configurable settings for:
Engine response and power delivery
Transmission shift points and aggression
Suspension stiffness and damping
Steering weight and feedback
Stability control intervention thresholds
Exhaust sound character
The M Mode button provides instant access to pre-configured sport settings, eliminating menu navigation during spirited driving For track enthusiasts, the drift analyzer records and displays drift angles and duration
Safety Features & Driver Assistance
Standard Active Safety Systems
The 2023 M5 includes comprehensive active safety equipment as standard:
Standard Safety Technology:
Forward-collision warning with automatic emergency braking
Blind-spot monitoring with rear cross-traffic alert
Lane-departure warning with lane-keeping assist
Rearview camera with dynamic guidelines
Front and rear parking sensors
Impact sensor battery disconnect
These systems function seamlessly without intrusive nanny-state interventions, preserving the engaging driving experience M5 buyers expect
Driving Assistance Professional Package
The optional Driving Assistance Professional package adds semi-autonomous capabilities:
Adaptive cruise control with stop-and-go functionality
Traffic jam assist with steering support
Extended highway driving assistance
Front cross-traffic alert
Evasive maneuver stability control
Active lane change assistance
This package transforms highway driving, particularly during congested commutes, though skilled drivers may find the systems overly cautious during spirited driving.
Crash Protection & Safety Ratings
The G30 5 Series platform underpinning the M5 earned IIHS Good ratings in base configuration, improving to Superior with optional safety equipment Six airbags throughout the cabin provide comprehensive occupant protection. Seatbelt pre-tensioners activate during hard braking or collision detection, securing occupants before impact
High-Performance Braking Systems
Brake SystemSpecificationsStandard BrakesSix-piston front calipers, vented and drilled rotorsOptional M Carbon CeramicEnhanced stopping power, reduced fade, gold calipers70-0 mph (M5 CS)150 feet100-0 mph (M5 CS)294 feet
The optional M Carbon Ceramic brakes provide exceptional stopping power with virtually no fade during track use, though the $8,500 price tag represents a significant investment
Driving Experience: Handling & Dynamics
Steering & Road Feel
The M5's electric power steering delivers precision without the tactile feedback of hydraulic systems from earlier generations. Reviewers note the steering feels slightly disconnected compared to older M5 models, with reduced road feel filtering through to the driver However, accuracy remains excellent, with the front end responding predictably to steering inputs.
This clinical steering character represents a common criticism among enthusiasts who remember the hydraulic-steering E39 M5. However, the electric system enables features like lane-keeping assist and parking automation that modern buyers expect.
Suspension & Ride Quality
The adaptive suspension demonstrates remarkable versatility across drive modes. Comfort mode provides genuinely comfortable highway cruising, absorbing expansion joints and minor imperfections effectively Sport and Sport+ modes firm up considerably, delivering exceptional body control at the expense of ride compliance. The Competition package lowers ride height 7mm and adds stiffer springs, sharpening responses further
Suspension Characteristics by Mode:
Comfort: Compliant, absorbs road irregularities, slight body motion
Sport: Balanced compromise, controlled body movements, some harshness
Sport+: Stiff, immediate responses, harsh over broken pavement
Track: Maximum firmness, minimal body roll, uncompromising
Cornering & Grip Performance
The M5 Competition recorded 1.02 g of lateral grip on Car and Driver's skidpad—extraordinary for a 4,096-pound sedan Rear-axle steering enhances agility, making the M5 feel smaller and more nimble than its dimensions suggest The M xDrive system provides seemingly endless traction, allowing drivers to carry absurd speeds through corners
For drivers seeking tail-happy dynamics, disabling stability control activates rear-drive mode, sending 100% of power to the rear wheels. This configuration transforms the M5 into a drift machine, though only experienced drivers should explore this mode's full potential.
Track vs Daily Driving Character
The M5's dual personality represents its greatest strength. It transforms from a comfortable long-distance cruiser into a track-focused performance machine through simple drive mode adjustments This versatility enables owners to use one car for daily commuting, weekend getaways, and occasional track days without compromise
Fuel Economy & Efficiency
EPA Ratings & Real-World Testing
The 2023 M5's thirsty twin-turbo V8 delivers predictably poor fuel economy:
Fuel Economy MetricRatingEPA City15 mpgEPA Highway21 mpgEPA Combined17 mpgCar and Driver 75-mph Highway Test24 mpg (3 mpg over EPA)Observed Real-World18 mpg
These figures trail the Mercedes-AMG E63 S, which achieves 16 mpg city and 23 mpg highway However, buyers considering six-figure performance sedans rarely prioritize fuel economy.
Comparison to Competitors
The M5's 17 mpg combined rating positions it at the bottom of the segment for efficiency. The 2024 hybrid G90 M5 achieves 50 MPGe combined when factoring in electric operation, though its real-world gas-only efficiency remains similar For context, buyers interested in BMW's electric performance sedans might consider the i5 M60 as an alternative.
Trim Levels, Packages & Pricing
Base 2023 M5 Standard Equipment
The 2023 M5 starts at $108,895 with extensive standard equipment:
Standard Features:
600 hp twin-turbo V8 with M xDrive AWD
Eight-speed automatic transmission
Merino leather interior
19-inch M light-alloy wheels
Adaptive LED headlights
Harman Kardon 16-speaker audio
Wireless Apple CarPlay and Android Auto
Dual 12.3-inch displays with iDrive 7
Four-zone automatic climate control
Heated front seats and steering wheel
Comprehensive active safety suite
This generous standard equipment list ensures even base M5 models feel luxurious and well-appointed.
Competition Package ($7,000-$8,600 upgrade)
The Competition package adds:
617 hp output (+17 hp over base)
20-inch forged lightweight wheels
M Sport exhaust system
7mm lowered suspension
Stiffer springs and dampers
Gloss-black exterior trim
Enhanced sport seats
Competition badging
Most buyers opt for the Competition package, valuing the increased performance and visual distinction for the relatively modest upcharge.
Stand-Alone Options & Accessories
OptionDescriptionApproximate CostM Driver's Package190 mph top speed, track day experience$2,500M Carbon Ceramic BrakesEnhanced stopping power, fade resistance$8,500Executive PackageMassaging seats, surround camera, soft-close doors$3,900Panoramic SunroofGlass roof with power shade$1,450BMW IndividualCustom paint and interior optionsVaries
As-Tested Pricing Examples
Car and Driver's tested Competition example totaled approximately $117,495 with the Competition package and several options Fully loaded examples easily exceed $125,000, approaching the price of more exotic machinery. However, compared to the 2024 hybrid M5's $123,275 starting price, the 2023 model represents relative value—particularly considering its lighter weight and simpler powertrain
Common Issues & Reliability Concerns
F90 Generation Known Problems
The F90 M5 has developed a reputation for specific reliability concerns that prospective buyers should understand:
Common F90 M5 Issues:
Rod bearing wear: Most serious concern; can cause catastrophic engine failure if unaddressed
Turbocharger failures: Oil starvation and excessive heat lead to premature wear
Fuel injector failures: Cause misfires and rough running (2018-2022 models)
Oil consumption: Some engines consume more than expected
Cooling system leaks: Plastic coolant tanks crack over time
Rod bearing wear represents the most significant concern. Symptoms include knocking noises during cold starts and decreased oil pressure. Preventative replacement costs $3,000-$5,000, while catastrophic failure requires engine rebuilds exceeding $25,000
Electrical System Glitches
Modern BMWs' complex electrical systems occasionally malfunction:
Battery drain when parked (parasitic draw issues)
Infotainment system crashes or freezes
Faulty sensors triggering erroneous warning messages
TPMS false readings requiring recalibration
Most electrical issues resolve through software updates at BMW dealerships, though intermittent problems frustrate owners.
Transmission & Drivetrain Concerns
The ZF eight-speed automatic generally proves reliable, though some owners report:
Rough shifts during cold starts (primarily 2018-2021 models)
Transmission software glitches requiring updates
Low transmission fluid levels from factory
xDrive system complexity increasing potential failure points
Reliability Ratings & Owner Experience
MotorEasy warranty data shows the G30 5 Series (including M5) achieves only a 39% reliability rating as of January 2025 Suspension problems account for nearly one-third of all warranty repairs, while engine issues constitute over one-quarter of problems with average repair costs approaching $1,500
Despite these concerns, owner satisfaction remains generally high. Enthusiast forums show M5 owners accept the trade-offs inherent in high-performance machinery, provided they budget for maintenance and potential repairs
For buyers concerned about reliability, understanding insurance considerations for high-value vehicles becomes particularly important.
Warranty & Maintenance Coverage
Factory Warranty Details
BMW provides competitive warranty coverage for the 2023 M5:
Limited warranty: 4 years/50,000 miles
Powertrain warranty: 4 years/50,000 miles
Corrosion perforation: 12 years/unlimited miles
Roadside assistance: 4 years/unlimited miles
This coverage matches most luxury competitors, though brands like Genesis offer longer warranties.
Complimentary Maintenance
BMW includes free scheduled maintenance for 3 years/36,000 miles—shorter than some luxury rivals but still valuable This covers:
Oil changes and filter replacements
Multi-point inspections
Brake fluid exchanges
Cabin air filter replacements
After the complimentary period expires, maintenance costs escalate significantly. Annual service expenses for M5s typically range $2,000-$3,000.
Extended Warranty Considerations
Given the F90 M5's reliability concerns, extended warranty coverage merits serious consideration. Third-party warranties covering rod bearings, turbochargers, and electrical systems provide peace of mind, particularly for buyers planning extended ownership beyond the factory warranty period
2023 BMW M5 Pros & Cons Analysis
Major Advantages
Compelling Strengths:
Blistering 2.8-second 0-60 mph acceleration rivals dedicated supercars
M xDrive provides genuine all-weather, all-season capability
Luxurious, comfortable cabin suitable for daily driving
Practical 14 cubic feet trunk space and rear seating
Rear-wheel-drive mode satisfies enthusiast driving desires
Last non-hybrid M5 before PHEV transition appeals to traditionalists
Understated styling allows under-the-radar performance
Track-capable with street manners—genuine dual-purpose machine
Key Disadvantages
Notable Weaknesses:
Steering lacks feedback and feel of hydraulic-steering predecessors
Firm, occasionally harsh ride quality over rough pavement
Abysmal 17 mpg combined fuel economy
Muted exhaust note compared to competitors (even with Competition package)
Overly stealthy styling disappoints buyers seeking visual drama
Reliability concerns require budgeting for potential repairs
Complex electrical systems prone to intermittent glitches
$108,895 starting price approaches exotic car territory
Who Should Buy the 2023 M5
The 2023 M5 suits specific buyer profiles:
Enthusiasts seeking the last traditional V8 M5 before electrification
Buyers wanting supercar acceleration with four-door practicality
Those prioritizing all-weather AWD performance capability
Executives desiring understated, sleeper-car performance
Track day participants requiring practical daily transport
Collectors valuing final-year F90 generation potential
Who Should Consider Alternatives
Certain buyers should explore competitors:
Driving purists: Cadillac CT5-V Blackwing offers superior feedback with manual transmission
Budget-conscious buyers: E63 S or used M5 CS provide similar performance for less
Fuel economy prioritizers: Consider the 2024 hybrid G90 M5
Styling enthusiasts: AMG E63 S delivers more dramatic visual presence
Comfort-first buyers: Porsche Panamera provides superior ride quality
Competitive Comparison & Alternatives
Mercedes-AMG E63 S
The E63 S represents the M5's most direct competitor:
SpecificationE63 SM5 CompetitionEngine4.0L twin-turbo V84.4L twin-turbo V8Horsepower603 hp617 hpTorque627 lb-ft553 lb-ft0-60 mph3.3 seconds2.8 secondsFuel Economy16/23 mpg15/21 mpg
The E63 S delivers a throatier exhaust note and more dramatic styling, though the M5 edges ahead in outright acceleration
Cadillac CT5-V Blackwing
American muscle challenges German engineering:
668 hp supercharged V8
Manual transmission availability (enthusiast preference)
Rear-wheel-drive purity
$95,000 starting price ($13,000 less than M5)
Raw, unfiltered driving character
The Blackwing sacrifices luxury refinement for driving engagement, appealing to purists over comfort-seekers.
Audi RS7 Performance
The RS7 offers unique advantages:
621 hp twin-turbo V8
Sportback hatchback versatility
Quattro AWD system
More compliant ride quality
Sleeker coupe-like styling
Similar pricing to M5
Porsche Panamera GTS/Turbo
Porsche brings sports car precision to the sedan segment:
Superior handling and steering feedback
Higher interior quality and materials
Better ride comfort than M5
$110,000+ starting price
More exclusive, lower production volumes
Used 2023 BMW M5 Market Analysis
Current Pricing & Availability
As of October 2025, used 2023 M5 values show interesting trends:
ConditionPrice RangeTypical MileageAverage Examples$64,952-$79,43340,000-50,000 milesLow-Mileage Examples$86,500-$95,99513,000-18,000 milesTrade-In Value~$59,882Average conditionPrivate Party~$62,379Average conditionDealer Retail~$65,194Average condition
The used market reflects strong demand for final F90 generation examples, particularly Competition models with desirable options and colors.
What to Inspect When Buying Used
Prospective used M5 buyers should prioritize:
Critical Inspection Points:
Oil analysis to detect rod bearing wear
Turbocharger boost testing and wastegate functionality
Comprehensive electrical system function testing
Transmission shift quality and responsiveness
Complete service history documentation
Pre-purchase inspection by BMW M-certified technician
Certified Pre-Owned Benefits
BMW's CPO program provides valuable protection:
Extended warranty coverage (6 years/100,000 miles from original in-service date)
360-point inspection process
24/7 roadside assistance
Trip-interruption reimbursement
Peace of mind for complex, high-performance machinery
The CPO premium typically adds $3,000-$5,000 to purchase price but may prove worthwhile given potential repair costs.
Depreciation & Value Retention
The F90 M5 demonstrates relatively strong depreciation resistance compared to other luxury performance sedans. BMW Blog analysis identifies the F90 as potentially "the best performance bargain on the used market" as of late 2024 The 2023 model year's significance as the final F90 may support stronger long-term values, particularly for well-maintained Competition examples in desirable colors.
Final Verdict: Is the 2023 M5 Worth It?
Performance Value Assessment
At $117,495 for a Competition-equipped example, the 2023 M5 delivers 617 horsepower and 2.8-second 0-60 mph performance—representing strong value in the six-figure performance sedan segment It outperforms most competitors in straight-line acceleration while maintaining genuine daily usability that separates it from track-focused supercars.
The M5's significance as the last traditional, non-hybrid M5 adds intangible collector appeal. As automotive electrification accelerates, naturally aspirated and non-hybrid performance cars increasingly attract enthusiast attention.
Comparison to 2024 Hybrid G90
The 2023 F90 holds several advantages over the 2024 G90 successor:
Factor2023 F902024 G90Weight4,096 lbs5,251 lbsHorsepower617 hp717 hpComplexitySimpler V8-onlyPHEV with batteryStarting Price$108,895$123,275Driving FeelMore engagingMore clinical
The 1,155-pound weight penalty of the G90 fundamentally alters the M5's character, sacrificing the agility and responsiveness that defined previous generations
Long-Term Ownership Outlook
Prospective M5 owners should approach long-term ownership with realistic expectations. Extended warranty coverage protecting rod bearings and turbochargers merits serious consideration Regular maintenance following BMW's severe service schedule—rather than normal service intervals—extends engine longevity. Strong enthusiast community support through forums like M5POST provides troubleshooting resources and shared experiences
Best Use Case Scenarios
The 2023 M5 excels as:
Daily driver with weekend track capability: Versatile enough for both roles without compromise
All-season performance sedan: xDrive provides confidence in variable climates
Understated executive transport: Delivers supercar performance without attention-seeking styling
Three-year lease candidate: Avoids long-term reliability risks while enjoying warranty coverage
Final Recommendation by Buyer Type
Performance Purist: Consider buying the 2023 M5 if accepting AWD and muted steering feedback as acceptable compromises for rocket-ship acceleration and daily usability.
Luxury Prioritizer: The Porsche Panamera GTS provides superior interior quality, ride comfort, and steering precision at similar pricing
Value Seeker: The Cadillac CT5-V Blackwing delivers comparable performance with superior engagement for $13,000 less, though sacrificing some luxury refinement
Technology Enthusiast: If accepting the weight penalty, the 2024 hybrid G90 offers cutting-edge PHEV technology with 100 additional horsepower
M5 Loyalist: The 2023 model represents the final traditional M5—making a compelling ownership case for enthusiasts valuing heritage over cutting-edge technology
Key Takeaways
The 2023 M5 marks the final year of the F90 generation and last non-hybrid M5, potentially increasing collector appeal over time.
Competition package adds 17 horsepower and performance enhancements for modest cost, making it worthwhile for most buyers.
At 4,096 pounds, the 2023 model weighs 1,155 pounds less than the 2024 hybrid successor, preserving agility and driving engagement.
Rod bearing wear represents the most serious reliability concern; budget for preventative replacement or catastrophic repair costs.
The M5's dual personality enables genuine daily-driver comfort and weekend track capability in one package without compromise.
Extended warranty coverage protecting rod bearings, turbochargers, and electrical systems provides valuable peace of mind for long-term ownership.
Used 2023 examples currently range $79,433-$95,995 depending on mileage and condition, representing strong value in the performance sedan segment.
FAQs
How fast is the 2023 BMW M5?
The 2023 M5 Competition accelerates 0-60 mph in 2.8 seconds (tested) with a quarter-mile time of 10.6 seconds at 130 mph Top speed reaches 155 mph standard or 190 mph with the M Driver's Package.
What's the difference between the M5 and M5 Competition?
The Competition package adds 17 horsepower (617 vs 600 hp), 20-inch forged wheels, M Sport exhaust, lowered suspension with stiffer springs, gloss-black exterior trim, and enhanced sport seats for approximately $7,000-$8,600
Is the 2023 M5 the last non-hybrid model?
Yes, the 2023 M5 is the final year of the F90 generation and the last M5 without plug-in hybrid technology. The 2024 G90 introduces a 4.4L V8 paired with an electric motor, adding significant weight and complexity
How much does a 2023 BMW M5 cost?
New 2023 M5 pricing started at $108,895 for the base model, with Competition-equipped examples typically reaching $117,495. Fully optioned models exceeded $125,000 Used 2023 models currently range $79,433-$95,995.
What are common problems with the 2023 M5?
Rod bearing wear, turbocharger failures, electrical system glitches, battery drain when parked, transmission rough shifts, fuel injector failures, and cooling system leaks represent the most reported issues
How reliable is the 2023 BMW M5?
MotorEasy data shows the G30 5 Series (including M5) achieves only 39% reliability rating. Suspension problems account for nearly one-third of warranty repairs, while engine issues constitute over one-quarter with $1,500 average repair costs
Does the 2023 M5 have all-wheel drive?
Yes, all 2023 M5 models feature M xDrive all-wheel drive with rear-biased torque distribution. However, drivers can activate rear-wheel-drive-only mode by disabling electronic stability control for tail-happy dynamics
What is the fuel economy of the 2023 M5?
EPA ratings are 15 mpg city, 21 mpg highway, and 17 mpg combined. Car and Driver's 75-mph highway test achieved 24 mpg, while observed real-world driving averaged 18 mpg
Is the M5 Competition worth the extra cost?
Yes, for most buyers. The Competition package's 17 additional horsepower, enhanced exhaust note, improved suspension tuning, and visual upgrades provide meaningful performance and aesthetic benefits for the $7,000-$8,600 premium
How does the 2023 M5 compare to the Mercedes E63?
The M5 delivers superior acceleration (2.8 vs 3.3 seconds 0-60 mph) and 14 more horsepower (617 vs 603 hp). The E63 S produces 74 more lb-ft torque and achieves slightly better fuel economy
What's the difference between M5 and M5 CS?
The limited-edition M5 CS produces 627 horsepower (10 more than Competition), weighs 256 pounds less through carbon fiber components, features track-focused suspension tuning, and started at $142,000. Production ended in early 2023
Can the 2023 M5 drive in rear-wheel-drive mode?
Yes, disabling electronic stability control activates 2WD mode, sending 100% of power exclusively to the rear wheels. This configuration enables drifting and tail-happy driving dynamics preferred by experienced performance drivers
What warranty does the 2023 BMW M5 have?
BMW provides 4 years/50,000 miles limited and powertrain warranty coverage. Complimentary scheduled maintenance extends 3 years/36,000 miles, including oil changes, inspections, and specified wear items
Should I buy a 2023 M5 or wait for the 2024 model?
Buy the 2023 model if valuing lighter weight (1,155 pounds less), simpler powertrain, lower starting price ($108,895 vs $123,275), and traditional M5 character. Choose the 2024 if prioritizing cutting-edge hybrid technology, maximum horsepower, and electric-only driving capability
References
Car and Driver. (2022). 2023 BMW M5 Review, Pricing, and Specs. https://www.caranddriver.com/bmw/m5-2023
TrueCar. (2022). 2023 BMW M5 Review | Pricing, Trims & Photos. https://www.truecar.com/overview/bmw/m5/2023/
Wikipedia. (2023). BMW M5 - F90 M5 (2017–2023). https://en.wikipedia.org/wiki/BMW_M5
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