2024 BMW XM: What's New, Specs & Features

Last updated August 4, 2026

2024 BMW XM

The biggest change for the 2024 BMW XM is the arrival of the 738-hp XM Label as the new top-performance trim. The standard XM otherwise changes very little, aside from the addition of Highway Assistant.

0 in stock at Carvana

About the 2024 BMW XM

1st generation (G09), second model year; the higher-output XM Label joined the lineup for 2024.

BMW positions the XM as a stand-alone M flagship SUV that mixes plug-in-hybrid power, dramatic styling, and a lounge-like cabin. It is meant for shoppers who want very high performance and a large, luxury-focused interior, but also want something more attention-grabbing than a typical fast luxury SUV. The electrified V8 setup is the defining difference: it gives the XM both short electric-only driving capability and the kind of output BMW uses to separate it from most rivals.

The standard XM remains BMW's bold plug-in-hybrid performance SUV, pairing a 644-hp twin-turbo V8 hybrid system with AWD and a lounge-like rear seating area. The new XM Label raises output to 738 hp and adds a more dramatic trim-specific look, while features such as four-wheel steering, a head-up display, and an illuminated Alcantara headliner reinforce the XM's performance-and-luxury focus.

What changed, by category

Powertrain
The new XM Label joined the lineup with a stronger 738-hp version of the plug-in-hybrid twin-turbo V8 system. The standard XM retained its 644-hp system.
Styling
The XM kept its overall design, but the new XM Label introduced its own trim-specific visual treatment.
Safety
Highway Assistant was added from spring 2024, allowing attentive hands-free highway driving at speeds up to 85 mph where conditions allow.

2024 BMW XM specs and features by trim

Feature
2024 BMW XMBase0 in stock
2024 BMW XMLabel0 in stock
EngineV8, Hybrid, Twin Turbo, 4.4 LiterV8, Hybrid, Twin Turbo, 4.4 Liter
TransmissionAutomatic, 8-Spd M Steptronic w/DrivelogicAutomatic, 8-Spd M Steptronic w/Drivelogic
DrivetrainAWDAWD
Fuel TypePlug-In HybridPlug-In Hybrid
MPG City12 mpg12 mpg
MPG Highway17 mpg17 mpg
Horsepower644 hp738 hp
Torque590 lb-ft738 lb-ft
Trunk/Cargo64.3 cu-ft64.3 cu-ft
Rear Legroom40.3 in40.3 in
Seats55
Doors44
Electric Range3131
MPGe Combined4646
Adaptive Cruise Control
Alarm System
Automatic High Beams
Blindspot Sensors
Lane Departure Warning
Park Assist
360 Camera
Alloy Wheels
LED Headlights
Navigation System
Premium Audio
Smartphone Interface
Heated Front Seats
Heated Steering Wheel
Leather Seats
Proximity Keyless Entry
Push-Button Engine Start
Ventilated Front Seats

How the 2025 BMW XM compares

The 2025 BMW XM is a light-update year, led by updated Highway Assistant functionality that supports hands-free lane changes on compatible highways. The higher-output Label trim is also renamed Label Red, while the core powertrains and chassis carry over.

Frequently asked questions

What is the biggest change to the 2024 BMW XM?

The biggest change is the new XM Label, a 738-hp flagship trim that uses a stronger version of the XM's plug-in-hybrid V8 system.

Was the BMW XM redesigned for 2024?

No. The 2024 XM remains part of the first generation and keeps the same basic body, platform, and overall design as the 2023 model.

How is the 2024 BMW XM Label different from the standard XM?

The XM Label has 738 hp versus 644 hp in the standard XM, along with its own visual treatment. It serves as the lineup's more performance-focused flagship.

Does the 2024 BMW XM have hands-free highway driving?

Yes. Highway Assistant was added from spring 2024 and supports attentive hands-free driving on suitable highways at speeds up to 85 mph when conditions allow.

Did the standard 2024 BMW XM receive major changes?

No. The standard XM's plug-in-hybrid V8 powertrain and overall design carried over; its notable update was the addition of Highway Assistant.

2024 BMW XM Reviews

What owners are saying about the 2024 BMW XM.

4.5
2024 BMW XM
(15 reviews)
5 stars (9)
4 stars (5)
3 stars (1)
2 stars (0)
1 star (0)

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.

No rating

“Very powerful and great technology. I love the hybrid experience. Very comfortable. Feels sturdy. Love how it sounds.”

MSMark S.
2024 BMW XM Base

“Driver seat adjustability is awful, fuel tank is several gallons less and with low gas mileage, this is awful and lastly, the handling of the XM is weak.”

FCFrank C.
2024 BMW XM Base
No rating

“It is so fun and exciting to drive. So comfortable and ergonomically well designed.”

RJRobert J.
2024 BMW XM Label Red