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

Last updated August 4, 2026

2023 BMW X5

The 2023 BMW X5 is largely a carryover, with no redesign or major powertrain, safety, or technology update. The main change is that leather upholstery became optional rather than standard on the M50i.

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About the 2023 BMW X5

4th generation BMW X5 (G05), fifth model year and final pre-facelift year before the 2024 refresh.

BMW positions the X5 as its original midsize luxury “Sports Activity Vehicle” — an SUV that mixes a premium cabin, family usefulness, and strong straight-line pace with more athletic road manners than many rivals. In this generation, the X5’s main draw is balance: it offers real towing and cargo capability, a high-end interior, and a choice of six-cylinder, plug-in hybrid, or V8 power without giving up the composed, driver-focused feel BMW emphasizes across the model range.

The 2023 X5 ranges from the rear-wheel-drive sDrive40i and all-wheel-drive xDrive40i to the xDrive45e plug-in hybrid and V8-powered M50i. Six-cylinder models pair a premium cabin with dual 12.3-inch displays, while the xDrive45e adds about 30 miles of electric driving and the M50i brings a twin-turbo V8 and sportier suspension tuning.

What changed, by category

Styling
Leather upholstery changed from standard to optional on the M50i. The rest of the X5 received no significant exterior or interior redesign.

2023 BMW X5 specs and features by trim

Feature
2023 BMW X5M50i0 in stock
2023 BMW X5sDrive40i12 in stock
2023 BMW X5xDrive40i12 in stock
2023 BMW X5xDrive45e7 in stock
EngineV8, Twin Turbo, 4.4 Liter6-Cyl, Turbo, 3.0 Liter6-Cyl, Turbo, 3.0 Liter6-Cyl, Hybrid, Turbo, 3.0 Liter
TransmissionAutomatic, 8-Spd Sport w/Steptronic, Sport & Manual ModesAutomatic, 8-Spd Sport w/Steptronic, Sport & Manual ModesAutomatic, 8-Spd Sport w/Steptronic, Sport & Manual ModesAutomatic, 8-Spd Sport w/Steptronic, Sport & Manual Modes
DrivetrainAWDRWDAWDAWD
Fuel TypeGasGasGasPlug-In Hybrid
MPG City16 mpg21 mpg21 mpg
MPG Highway22 mpg26 mpg25 mpg
Horsepower523 hp335 hp335 hp389 hp
Torque553 lb-ft331 lb-ft331 lb-ft331 lb-ft
Max Towing7200 lb7200 lb7200 lb7200 lb
Rear Legroom37.4 in37.4 in37.4 in37.4 in
Seats5775
Doors4444
Adaptive Cruise Control
Alarm System
Automatic High Beams
Blindspot Sensors
Lane Departure Warning
Park Assist
Rear View Camera
360 Camera
Alloy Wheels
Fog Lights
LED Headlights
Panorama Moon Roof
Rear Spoiler
Roof Rails
Side Steps
Bluetooth
Navigation System
Premium Audio
USB Ports
4-Zone Automatic Air Conditioning
Aluminum Interior Trim
Dual-Zone Climate Control
Heated Front Seats
Heated Steering Wheel
Leather Seats
Memory Front Seats
Proximity Keyless Entry
Push-Button Engine Start
Remote Start
Third Row Seat
Ventilated Front Seats
Wood Interior Trim

How the 2024 BMW X5 compares

The 2024 BMW X5 gets a substantial mid-cycle refresh rather than a full redesign. The headline change is a broad update that brings revised styling, a new curved-screen cabin, and reworked powertrains across the lineup.

Frequently asked questions

Was the 2023 BMW X5 redesigned?

No. The 2023 BMW X5 is the final pre-refresh version of the fourth-generation X5, with no significant exterior, interior, or structural redesign.

What changed on the 2023 BMW X5 compared with the 2022 model?

Very little changed. The confirmed equipment difference is that leather upholstery became optional rather than standard on the M50i; the core trim and powertrain lineup otherwise continued.

Did the 2023 BMW X5 receive a new engine or hybrid system?

No. The 2023 powertrain lineup carried over, including the six-cylinder sDrive40i and xDrive40i, the xDrive45e plug-in hybrid, and the V8-powered M50i.

Does the 2023 BMW X5 have a plug-in hybrid version?

Yes. The 2023 xDrive45e combines a turbocharged six-cylinder engine, an electric motor, all-wheel drive, and about 30 miles of electric driving range.

Is the 2023 BMW X5 meaningfully different from the 2022 model?

No. It is essentially the same pre-refresh X5, aside from leather upholstery changing from standard to optional on the M50i.

2023 BMW X5 Reviews

What owners are saying about the 2023 BMW X5.

4.4
2023 BMW X5
(1,696 reviews)
5 stars (881)
4 stars (614)
3 stars (147)
2 stars (43)
1 star (11)

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.

“The vehicle certainly comes at a premium but the experience of owning and driving it went above my expectations.”

FRFilippo R.
2023 BMW X5 xDrive40i

“That it is reliable. Goes well in snow. Has a lot of pep and I feel it is a safe vehicle.”

PSPhyllis S.
2023 BMW X5 xDrive M50i

“It's a big car. Width is a concern for parking, would prefer a smaller car but need leg and shoulder clearance. Acceleration is fine (have same engine in 540i, no need to go higher up the line for more power). Would prefer more engine noise with acceleration.”

TMThomas M.
2023 BMW X5 xDrive40i