2023 BMW X5 M: What's New, Specs & Features

Last updated August 4, 2026

2023 BMW X5 M

The 2023 BMW X5 M is a carryover model with no major changes. It keeps the same twin-turbo V8, AWD system, chassis hardware, styling, and cabin technology as the 2022 model.

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About the 2023 BMW X5 M

3rd-generation X5 M (F95), fourth model year and last year before the 2024 refresh.

BMW positions the X5 M as a high-performance luxury SUV that delivers sports-car-style speed and handling in a practical midsize SUV shape. Its core appeal is straightforward: strong V8 power, road-focused M chassis tuning, and an upscale cabin, while still offering the passenger space, cargo room, and all-weather traction expected from a premium SUV.

BMW positioned the 2023 X5 M as a performance-focused midsize luxury SUV that still works as a daily driver. It pairs a twin-turbo 4.4-liter V8 with an eight-speed automatic, AWD, an M-tuned suspension, and body-roll control. Inside are Merino leather, carbon-fiber trim, a head-up display, a 12.3-inch instrument screen, and a separate 12.3-inch touchscreen with navigation.

2023 BMW X5 M specs and features by trim

Feature
2023 BMW X5 MBase0 in stock
EngineV8, Twin Turbo, 4.4 Liter
TransmissionAutomatic, 8-Spd M Sport w/Drivelogic, Sport & Manual Modes
DrivetrainAWD
Fuel TypeGas
MPG City13 mpg
MPG Highway18 mpg
Horsepower600 hp
Torque553 lb-ft
Rear Legroom37.4 in
Seats5
Doors4
Alarm System
Automatic High Beams
Blindspot Sensors
Lane Departure Warning
Park Assist
360 Camera
Alloy Wheels
LED Headlights
Panorama Moon Roof
Roof Rails
Head-Up Display
Navigation System
Premium Audio
Smartphone Interface
Heated Front Seats
Heated Steering Wheel
Leather Seats
Proximity Keyless Entry
Push-Button Engine Start
Remote Start
Ventilated Front Seats

How the 2024 BMW X5 M compares

The 2024 BMW X5 M gets a substantial mid-cycle refresh. The main change is a broad update that brings revised V8 hardware, fresh styling, and a curved dual-screen dashboard.

Frequently asked questions

What changed on the 2023 BMW X5 M?

Nothing significant changed for the 2023 BMW X5 M. Its powertrain, styling, safety equipment, chassis hardware, and dashboard technology carried over from 2022.

Did the 2023 BMW X5 M get a different engine?

No, the 2023 BMW X5 M kept its twin-turbo 4.4-liter gas V8, eight-speed automatic transmission, and M-tuned AWD system.

Was the 2023 BMW X5 M refreshed?

No, the 2023 BMW X5 M remained in its pre-refresh form. It was the final model year before the larger 2024 update.

Does the 2023 BMW X5 M have BMW’s newer curved display?

No, the 2023 BMW X5 M uses separate 12.3-inch screens for the digital instrument cluster and touchscreen navigation system rather than the newer curved-display dashboard.

Did the 2023 BMW X5 M receive suspension or safety upgrades?

No, the 2023 BMW X5 M received no model-wide suspension, chassis, or standard safety-suite upgrades.

2023 BMW X5 M Reviews

What owners are saying about the 2023 BMW X5 M.

4.6
2023 BMW X5 M
(40 reviews)
5 stars (30)
4 stars (6)
3 stars (2)
2 stars (1)
1 star (1)

About owner reviews

Carvana owner reviews are provided in partnership with Strategic Vision, one of the largest automotive consumer research providers in the U.S. Star ratings are from ranking surveys completed by owners one to six months post-purchase. Comments from owners are optional, but included here when available.

“Surprisingly quick and fast for an SUV. Way ahead than my other non-M BMW. Fun to drive. Drinks a lot of gas though.”

RRRey R.
2023 BMW X5 M M

“Very fun and powerful vehicle, but practical, with high quality and technology. Exhaust noise is loud (most X5M owners prefer this, I do not).”

AWAndrew W.
2023 BMW X5 M M
No rating

“The vehicle is a true wolf in sheep's clothing. BMW did a great job of giving subtle cues on the exterior hinting at performance while maintaining a refined and sophisticated appearance like generations prior. Less ostentatious than their other current offerings.”

KNKristofer N.
2023 BMW X5 M M