The BMW 5 Series has been given a minor price tweak for 2022, on the back of changes to the threshold for Luxury Car Tax that came into force on July 1, 2021.

    UPDATE, 22/08/2022 – BMW Australia has increased the before on-road asking price of the M550i range and the M5 Competition by between $4000 and $6000, depending on the variant.

    “BMW constantly reviews its pricing structure throughout the year, taking into consideration a number of different factors,” said a BMW Australia spokesperson.

    “However, we always aim to ensure our products remain appropriately positioned and represent a competitive pricing proposition in the market for our customers.”

    This price increase follows a price increase for the majority of the 5 Series range by between $3000 and $8000, depending on the variant, in April 2022.

    The updated 5 Series arrived in Australia during October 2020, in a range packing eight models ranging from the four-cylinder 520i to the fire-breathing, V8-powered M5.

    Gone are the 520d and the Touring wagon from Australia.

    Outside, the 5 Series has been treated to a sharp new look and a range of new wheel options.

    Inside, it’s gained the same BMW OS7.0 infotainment system as the latest 3 Series. The driver is faced with a 12.3-inch digital instrument binnacle, while the central display now also measures 12.3 inches.

    Along with the updated infotainment, the new 5 Series packs technology such as the Reversing Assistant, which can autonomously retrace the last 50 metres of driving in reverse, and BMW’s latest drive recorder.


    • 2022 BMW 520i: $102,400 (+$3000)
    • 2022 BMW 530i: $122,400 (+$3000)
    • 2022 BMW 530e PHEV: $125,400 (+$3000)
    • 2022 BMW 530d: $125,400
    • 2022 BMW M550i xDrive Pure: $146,900 (+$3000)
    • 2022 BMW M550i xDrive: $161,900 (+$3000)
    • 2022 BMW M5 Competition: $260,900 (+$8000)

    All prices exclude on-road costs


    The 520i features a 2.0-litre turbo inline-four developing 135kW and 290Nm, driving the rear wheels via an eight-speed automatic.

    BMW claims the 520i can sprint from 0-100km/h in 7.8 seconds.

    Stepping to the 530i ups the 2.0-litre motor’s outputs to 185kW and 350Nm, which also reduces the 0-100 time to 6.1 seconds.

    Like the 520i, the 530i drives the rear wheels.

    The 530e plug-in hybrid pairs a 135kW/290Nm petrol with an 80kW/265Nm synchronous electric motor, generator and lithium-ion battery pack.

    System outputs are 215kW and 420Nm, up 30kW on the outgoing model.

    BMW claims a 0-100 time of 5.9 seconds for the eco-friendly 5 Series, which is also capable of driving up to 67 kilometres on e-power.

    Next in the line-up is the 530d, which scores a 3.0-litre inline six-cylinder turbo-diesel outputting 195kW and a meaty 620Nm. The diesel 5er has a claimed 5.7-second sprint to 100km/h.

    The M550i xDrive pairs a 4.4-litre twin-turbo V8 with variable xDrive all-wheel drive.

    Generating a massive 390kW and 750Nm, the all-paw sedan can crush the 0-100 dash in 3.8 seconds.

    Power in the M5 Competition features the 4.4-litre twin-turbocharged V8 engine with 460kW and 750Nm.

    All models use an eight-speed torque converter automatic.

    Fuel Economy

    Fuel economy for the 2022 BMW 5 Series range on the combined cycle is below:

    • 520i: 6.8L/100km
    • 530i: 6.7L/100km
    • 530e: 2.3L/100km
    • 530d: 5.5L/100km
    • M550i xDrive: 10.7L/100km
    • M5 Competition: 10.6L/100km


    The BMW 5 Series measures 4963mm long, 1868mm wide and 1479mm tall, with a 2975mm wheelbase.

    The M5 Competition is 4983mm long, 1903mm wide and 1468mm tall, with a 2982mm wheelbase.

    Boot space is 530L with the rear seats in place in all models except the 530e, which has 410L of space due to the lithium-ion battery pack beneath its floor.


    The current BMW 5 Series wears a five-star ANCAP safety rating based on tests conducted by sister firm Euro NCAP.

    Scores include 91 per cent for adult occupant protection, 85 per cent for child occupants, 81 per cent for pedestrians and 59 per cent for safety assist.

    All versions of the new 5 Series in Australia feature the Driving Assistant Professional package as standard, including:

    • All-speed autonomous emergency braking
    • Lane-keep assist
    • Blind-spot assist
    • Lane change assist
    • Semi-autonomous Steering and Lane Control Assistant for highway driving

    Servicing and Warranty

    The 5 Series range is covered by BMW Service Inclusive service packages.

    The Basic package costs $2010 and covers up to five years or 80,000km for standard service items like annual vehicle checks, oil changes, all filters, spark plugs and labour costs.

    Like the wider BMW range, the 5 Series is covered by a three-year, unlimited kilometre warranty.

    Standard Equipment

    520i highlights:

    • M Sport Package
    • 19-inch alloy wheels
    • Adaptive LED headlights
    • High Beam Assist
    • Driving Assistant Professional
    • 12.3-inch touchscreen infotainment system
    • Apple CarPlay and Android Auto
    • Ambient lighting
    • Comfort Access
    • Connected Package Professional
    • DAB digital radio
    • Speed limit info
    • Electric seat adjustment
    • Head-up display
    • 12-speaker HiFi sound system
    • ‘Sensatec’ leatherette instrument panel
    • ‘Dakota’ leather upholstery
    • Parking Assistant Plus
    • BMW Live Cockpit Professional
    • Wireless phone charging

    The 530i and 530d add:

    • Automatic tailgate
    • Heated front seats
    • Lumbar support for front seats
    • Adaptive suspension
    • 16-speaker harman/kardon surround sound
    • M Sport brakes
    • Sports Automatic Transmission (with paddles)

    The 530e adds:

    • XtraBoost
    • eDrive services
    • Convenience charging cable
    • Acoustic protection for pedestrians

    Over the 530i and 530d, the M550i xDrive adds:

    • 20-inch alloy wheels
    • xDrive variable all-wheel drive
    • M performance tuning
    • M Sport differential
    • Tyre repair kit
    • Adaptive M Suspension Professional
    • Four-zone climate control
    • M rear spoiler
    • Soft-close doors
    • Leather instrument panel
    • Ambient Air
    • Electric glass sunroof
    • BMW Laserlight
    • Metallic paint

    Note: M550i xDrive Pure removes these standard features:

    • Roll stabilisation and Integral Active Steering*
    • BMW Laserlight
    • Electric glass sunroof
    • Metallic paint
    • Soft-close doors
    • Leather instrument panel
    • Ambient Air

    Features with an ‘*’ are temporarily unavailable due to production restrictions and semiconductor shortages.

    The M5 Competition features over the regular M550i xDrive:

    • M Driver’s Package (305km/h top speed and free entry to the BMW Driving Experience Advance 1 and 2 courses)
    • 20-inch alloy wheels
    • Active M Differential
    • M head-up display
    • M Sport exhaust
    • M Carbon Roof
    • Full leather ‘Merino’ upholstery
    • BMW Individual Headliner Alcantara Anthracite
    • Leather-wrapped instrument panel
    • Ambient Air
    • BMW LaserLight
    • Metallic paint
    • M seat belts
    • M multifunction seats
    • 16-speaker Bowers & Wilkins Diamond surround sound system*

    Features with an ‘*’ are temporarily unavailable due to production restrictions and semiconductor shortages.

    MORE: Everything BMW 5 Series

    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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