BMW has upped the price of its M5 Competition super sedan by $10,000.

The updated M5 Competition will be priced from $244,900 before on-road costs when it touches down in October this year, up from the current $234,900 before on-roads starting price.

Despite the price boost, the updated M5 Competition still undercuts the Mercedes-AMG E63 S by $4000. It also shares its engine with the M8 Competition, which is more than $100,000 more expensive.

The 2021 M5 Competition has a new look, new technology, and a revised chassis to match its boosted price. The latest BMW OS7.0 infotainment system replaces the outgoing iDrive setup inside, while the exterior has a more aggressive new face in keeping with the wider 5 Series range update.

Under the skin, it rides on revised dampers inspired by those of the M8 Competition.

Power in the M5 Competition comes from a 4.4-litre twin-turbocharged V8 engine with 460kW and 750Nm, the same as the outgoing M5, along with the X5 M and X6 M Competition.

It’s put to a switchable all-wheel drive system through an eight-speed torque converter transmission. The 100km/h sprint is dispatched in just 3.3 seconds, and you’ll be doing 200km/h in just 10.8 seconds from standstill.

For a full breakdown of the 5 Series range and standard equipment, check our pricing and specs story here.

Scott Collie

Scott Collie is an automotive journalist based in Melbourne, Australia. Scott studied journalism at RMIT University and, after a lifelong obsession with everything automotive, started covering the car industry shortly afterwards. He has a passion for travel, and is an avid Melbourne Demons supporter.

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