The newest electric sedan in BMW’s growing portfolio of EVs is the i5. The all-new 2024 BMW i5 is the electric version of the 5 Series. It has much in common with the redesigned 5 Series, like its attractive design and luxurious, high-tech interior, but it doesn’t burn a drop of gas. Two powertrains are available, and various options let you customize your electric luxury sedan to your liking. An impressive range of up to 295 miles makes the 2024 BMW i5 a usable EV for daily driving duties.
The chief rival of the BMW i5 is the Mercedes-EQ EQE Sedan, and that’s arguably its only direct competitor. More affordable options include the Tesla Model 3 and Polestar 2, and if you have more room in your budget, you could upgrade to the Tesla Model S, Porsche Taycan, or Lucid Air.
What’s New:
The BMW i5 is an all-new model for 2024. It’s the all-electric version of the BMW 5 Series.
Our Recommendation:
The BMW i5 M60 is the only option if you want or need all-wheel drive. However, we prefer the more affordable, longer-range eDrive40 model. Its performance is more than adequate, and it’s well equipped with standard features like a power moonroof, the BMW Curved Display, and Active Driving Assistant. Additionally, we recommend adding the Driving Assistance Professional Package for the extra safety tech.
i5 eDrive40
Starts at $66,800 | See listings
- Single-motor powertrain with 335 horsepower
- Up to 295 miles of range
- DC fast charging
- Power moonroof
- Perforated Veganza upholstery
- Iconic Sounds Electric
- BMW Curved Display
- Android Auto/Apple CarPlay
- Harman Kardon audio system
- Active Driving Assistant
- See more
i5 M60 xDrive
Starts at $84,100 | See listings
- Dual-motor powertrain with 593 hp
- xDrive all-wheel drive system
- 0-60 mph in 3.7 seconds
- Up to 256 miles of range
- M Sport brakes
- Adaptive suspension
- M appearance package
- M Alcantara/Veganza upholstery
- Multicontour, heated front seats
- Bowers & Wilkins surround sound system
- See more
2024 BMW i5 eDrive40: $66,800
The i5 eDrive40 uses a single-motor electric powertrain with rear-wheel drive. It produces 335 hp and 295 lb-ft of torque, suitable for a 0-60 mph time of 5.7 seconds. According to the EPA, this i5 gets 295 miles of range on a full charge, but only with 19-inch wheels. The bigger the wheels, the worse the range. The vehicle can charge from 10% to 80% in 30 minutes when using a public DC fast charging station.
Standard features in the i5 eDrive40 include Satin aluminum line exterior trim, power-folding, heated mirrors, a power moonroof, perforated Veganza (faux leather) upholstery, dark oak interior trim, an Anthracite headliner, automatic climate control, a wireless charging pad, and Iconic Sounds Electric, which makes sounds that correspond with acceleration.
Also standard is the BMW Curved Display, which houses a 12.3-inch digital gauge cluster and a 14.9-inch infotainment screen. Other tech features include navigation with over-the-air updates, Android Auto, Apple CarPlay, and a Harman Kardon 12-speaker premium audio system.
Safety features include front and rear parking sensors, rain-sensing wipers, and Active Driving Assistant, which bundles frontal collision warning, active blind-spot detection, and lane-departure warning.
Many option packages and individual options are available for the 2024 BMW i5. One of our favorites is the Driving Assistance Professional Package ($2,500). It expands the driver assistance tech features with full-speed adaptive cruise control, active lane-keeping assistant with side-collision avoidance, active lane changing, evasion assistant, and hands-free highway driving where applicable.
The M Sport Package ($3,000) is primarily an appearance package that makes the eDrive40 look like the sportier M60 model, but it also comes with real performance upgrades like M Sport brakes with blue calipers and M sport suspension. The M Sport Professional Package further adds extended Shadowline trim, an Iconic Glow kidney grille, M Shadowline lights, and a rear spoiler for an extra $1,050.
The Convenience ($550), Premium ($2,850), and Executive ($4,250) packages let you choose your level of luxury. The Convenience Package only adds heated front seats and a heated steering wheel. The Premium Package adds a head-up display, Parking Assistant Plus, an interior camera, full LED headlights with cornering lights, Natural Interaction voice and gesture control, and full-speed adaptive cruise control. The Executive Package adds the above, plus the Sky Lounge panoramic roof, rear sunshades, and glass controls.
Finally, a Luxury Seating Package ($1,350) does what its name implies by adding multicontour front seats, heated and cooled front seats, and heated rear seats.
Several features included in the option packages are available as individual options, notably the Sky Lounge roof ($600), heated front and rear seats ($500), and the illuminated grille ($500). You can also add a Bowers & Wilkins audio system ($950), an Extended Merino leather interior ($2,450), open-pore wood trim ($600), various premium paint options ($650-$3,600), a few 20-inch wheel options ($800), and 21-inch wheels ($1,800).
With the $995 destination fee, the 2024 BMW i5 eDrive40 costs $67,795. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $1,279. See 2024 BMW i5 eDrive40 for sale near you
2024 BMW i5 eDrive40 includes:
Up to 295 miles of range — The eDrive40 with 19-inch wheels gets the longest range in the i5 lineup. It also has DC fast charging.
BMW Curved Display — This high-tech display seamlessly houses a 12.3-inch digital gauge cluster and a 14.9-inch infotainment screen. Other standard infotainment features include navigation, Android Auto, Apple CarPlay, and a Harman Kardon audio system.
Active Driving Assistant — This suite of driver assistance features bundles frontal collision warning, active blind-spot detection, and lane-departure warning.
2024 BMW i5 M60: $84,100
As the letter “M” implies, the M60 model brings a significant performance upgrade to the i5. Its dual-motor powertrain produces 593 hp and 586 lb-ft of torque. BMW estimates a quick 0-60 mph time of only 3.7 seconds. You also get xDrive all-wheel drive. The performance upgrade comes with a range penalty; the EPA estimates that the i5 M60 has 256 miles of range.
The M60 comes standard with several options available for the eDrive40, namely the contents of the M Sport Package, heated, multicontour front seats, and the Bowers & Wilkins Surround Sound audio system. In addition to the M Sport brakes and appearance package that come with the M Sport Package, the M60 gets an upgraded adaptive suspension with electronically controlled dampers.
The i5 M60 also has some options you can’t get on the eDrive40. The M Carbon Exterior Package ($1,500) adds carbon-fiber mirror caps and a carbon-fiber rear spoiler, and you can get carbon-fiber interior trim ($300).
Individual options the M60 shares with the eDrive40 include Extended Merino leather ($2,450), the Sky Lounge Roof ($600), rear sunshades ($600), a heated steering wheel ($200), ventilated front seats ($500), heated rear seats ($500), and an Icon Glow grille ($500). The Premium and Executive packages are still optional but are at different prices ($2,500 and $3,850, respectively).
With the $995 destination fee, the 2024 BMW i5 M60 costs $85,095. On a 60-month loan with 5% financing and $0 down, the monthly payment comes to $1,606. See 2024 BMW i5 M60 for sale near you
2024 BMW i5 M60 includes:
593-hp dual-motor powertrain — The M60 model has a potent dual-motor powertrain that is good for a 3.7-second sprint to 60 mph.
Upgraded brakes and suspension — M Sport brakes and adaptive suspension system give the M60 the stopping power and agility it needs.
Interior upgrades — The i5 M60 is sporty and luxurious, featuring Veganza and Alcantara upholstery, multicontour front seats, a 3-spoke M steering wheel, and a Bowers & Wilkins audio system.
