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2023 BMW M5 Review: Specs and Pricing

Updated: May 11

2023 BMW M5 Exterior


The BMW M5 seamlessly blends the sophistication of the 5-series with the exhilaration of M performance. Powered by a formidable 600-hp twin-turbo V-8 engine and an eight-speed automatic transmission, this powerhouse delivers thrilling performance on all fronts. Opting for the Competition package adds even more excitement with enhanced horsepower, a distinctive exhaust note, and upgraded suspension. Clocking in at 2.8 seconds for the 0-60 mph sprint, it's built to conquer mountain roads, tear up the autobahn, and handle daily driving with ease. Unlike its competitors like the Cadillac CT5-V Blackwing, the M5 exudes refinement without sacrificing performance. Experience the epitome of premium sports sedan excellence with the BMW M5.

What has Changed for 2023?

While the coveted 627-hp BMW M5 CS from last year is no longer available, the 2023 M5 undergoes subtle updates. BMW now offers the M5 Competition as an optional equipment package instead of a separate model. Additionally, two new exterior paint options, San Remo Green metallic and Skyscraper Grey metallic, have been introduced. However, several colors including Brand's Hatch Grey metallic, Snapper Rocks Blue metallic, Motegi Red metallic, Donington Grey metallic, Bluestone metallic, and Frozen Bluestone metallic have been discontinued. In terms of interior choices, Individual Smoke White/Black Full Merino leather and Tartufo Full Merino leather are now on offer, although the optional Bowers & Wilkins Diamond Surround Sound System is no longer available.

2023 BMW M5: Engine and Performance

The M5 commands attention with its robust performance, boasting a base form with 600 horsepower from its twin-turbo 4.4-liter V-8 engine. Opting for the more track-focused Competition model elevates that figure to 617 horses. Our suspicions regarding the Competition's enhanced power were confirmed when we tested it on a dynamometer. Both the regular M5 and the Competition model impressed us with blistering acceleration, cornering grip akin to a sports car, and exceptional stopping power during our testing sessions. Furthermore, the Competition model outpaced the regular M5 on Virginia International Raceway's Grand Course during the 2019 Lightning Lap competition. Enthusiasts of the M5 may lament the absence of the discontinued manual gearbox and all-wheel-drive system. However, this Bimmer boasts a high-tech drivetrain capable of sending 100 percent of its torque to the rear wheels for thrilling, tail-wagging fun. It maximizes driving enjoyment with responsive and precise steering, coupled with a well-controlled albeit firm ride. Yet, the M5 seamlessly transitions into luxury sedan mode: In Comfort mode, it glides serenely with the cabin exuding a whisper-quiet ambiance.

2023 BMW M5 Exterior Rear

2023 BMW M5: Interior and Comfort

How's the Interior of the BMW M5? The M5 boasts a luxurious leather interior complete with supportive sport seats. Setting itself apart from many competitors, BMW maintains physical controls for adjusting the air conditioning or radio, ensuring ease of use while the vehicle is in motion. Packed with desirable features, the M5 offers customizable ambient interior lighting, a heated steering wheel, heated front seats, and a power-adjustable steering column as standard. For additional comfort, BMW provides optional ventilated front seats with massage functionality, heated rear seats, and four-zone automatic climate control at an extra cost. When it comes to storage, the M5 impresses with practical cubbies throughout the cabin, while its trunk accommodated six carry-on suitcases during our testing.

2023 BMW M5 Interior

2023 BMW M5: Connectivity

Atop the M5's dash sits a 12.3-inch touchscreen, seamlessly running BMW's latest iDrive infotainment software. Control is facilitated through a rotary knob in the center console, providing intuitive access to various functions. Standard features include Apple CarPlay and Android Auto integration along with a Wi-Fi hotspot. The audio experience is elevated with a 16-speaker, 600-watt Harman/Kardon sound system, while wireless device charging comes standard on all models, ensuring connectivity and convenience on the go.

2023 BMW M5: Pricing

How Much Does the BMW M5 Cost? The 2023 BMW M5 is priced starting at $111,895, with variations in cost depending on the chosen trim and optional features, reaching up to $117,495.





M5 Competition


Which one to Purchase?

The base M5, boasting 600 horsepower, provides a solid platform for crafting a luxurious sedan with exhilarating performance. If it were up to us, we'd opt for the optional Tanzanite Blue II metallic paint to add a touch of sophistication. With the Competition package, you have the choice of three different 20-inch wheels paired with non run-flat tires, along with upgrades like the M Sport exhaust system, extended dark exterior trim pieces, and striking M Shadowline headlights. Additionally, we'd include the Executive package, which offers front ventilated seats with massage function, heated front and rear seats, soft-close automatic doors, and advanced parking assistance features, ensuring both comfort and convenience in our daily drive.

2023 BMW M5 Specifications


  • Type: Twin Turbo Premium Unleaded V-8

  • Displacement: 4.4 L / 268 cubic inches

  • Maximum Horsepower: 600 @ 6000 RPM

  • Maximum Torque: 553 @ 1800 RPM

  • Fuel System: Gasoline Direct Injection


  • Type: Automatic w/OD

  • Number of Speeds: 8

Fuel Economy

  • EPA Combined: 17 mpg

  • EPA City: 15 mpg

  • EPA Highway: 21 mpg

  • Fuel Tank Capacity: 20.1 gallons


  • All Wheel Drive

Exterior Dimensions

  • Wheelbase: 117.4 inches

  • Length: 196.4 inches

  • Width: 74.9 inches

  • Height: 58 inches

Interior Dimensions

  • Passenger Capacity: 5

  • Total Passenger Volume: 98.8 cubic feet

Cargo Area

  • Trunk Space: 14 cubic feet

Wheels and Tires

  • Front: 19 x 9.5 inches, Aluminum, P275/40YR19

  • Rear: 19 x 10.5 inches, Aluminum, P285/40YR19


  • Electronic Stability Control (ESC)

  • ABS and Driveline Traction Control

  • Side Impact Beams

  • Airbags (Driver, Passenger, Front and Rear Sides, Curtains)

  • Lane Departure Warning with steering correction

  • Collision Mitigation-Front and Rear

  • Back-Up Camera


  • Basic: 4 years / 50,000 miles

  • Drivetrain: 4 years / 50,000 miles

  • Corrosion: 12 years / Unlimited miles

  • Roadside Assistance: 4 years / Unlimited miles

  • Maintenance: 3 years / 36,000 miles

Other Features

  • Steering: Rack-Pinion

  • Brakes: 4-Wheel Disc with ABS

  • Suspension: Double Wishbone Front, Multi-Link Rear

  • Audio System: AM/FM/HD/Satellite with Harman Kardon surround sound system

  • Seats: Power Front Seats with Heat

  • Interior: Extended Merino Leather Upholstery, Moonroof, Heated Steering Wheel

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