BMW Australia has detailed the pricing and specifications of the new-generation 5 Series and i5 ahead of its arrival later this year.

    The 2024 BMW 5 Series internal-combustion range currently consists solely of the entry-level 520i, which is priced from $114,900 before on-road costs. This is $7200 more expensive than the outgoing model.

    The 520i is powered by a turbocharged 2.0-litre four-cylinder engine mated with an eight-speed automatic transmission and a 48V mild-hybrid system. It produces 153kW of power and 330Nm of torque, good for a 0-100km/h time of 7.5 seconds.

    BMW Australia has made no mention of the more powerful turbo four-cylinder 530i and turbo six-cylinder 540i xDrive set to be offered in the US, nor the two plug-in hybrid variants that will be offered in Europe.

    Also missing is the option of a turbo-diesel powertrain.

    Instead, those seeking more power will be forced to step up to new electric i5 models.

    There are two i5 models to choose from locally: the single-motor i5 eDrive40 and the dual-motor i5 M60 xDrive. These models are priced from $155,900 before on-roads and $215,900 before on-roads, respectively.

    The i5 eDrive40 features a single rear-mounted electric motor producing 250kW of power and up to 430Nm of torque with the Sport Boost or Launch Control function, while the dual-motor all-wheel drive i5 M60 xDrive sees its outputs bumped up to 442kW and up to 820Nm of torque.

    Both i5 models use an 84kWh battery, a 400V electrical system, and support three-phase AC charging up 22kW and DC fast charging up to 205kW. WLTP range is 582km with the eDrive40 and 516km in the M60 xDrive.

    At with other recent BMW vehicles, the next 5 Series has a dashboard that’s dominated by a curved display area housing a 12.3-inch instrumentation screen, and a 14.9-inch touchscreen running BMW Operating System 8.5, which can be updated over-the-air.


    • 2024 BMW 520i: $114,900
    • 2024 BWW i5 eDrive40: $155,900
    • 2024 BMW i5 M60 xDrive: $215,900

    All prices are before on-road costs.


    The entry-level BMW 520i is powered by a 2.0-litre turbocharged petrol engine with a 48V mild-hybrid system that produces 153kW of power and 330Nm of torque.

    This is mated to an eight-speed automatic transmission with drive sent to the rear wheels only. BMW claims the 520i can do the 0-100km/h sprint in 7.5 seconds.

    The BMW i5 eDrive40 is powered by a rear-mounted single electric motor producing 250kW and 430Nm. This is mated to an 84kW battery pack, with BMW claiming it can do the 0-100km/h sprint in 6.0 seconds.

    The flagship i5 M60 xDrive is powered dual-electric motor set-up with a total system output of 442kW and 820Nm. This is also mated to an 84kWh battery pack, with BMW claiming it can do the 0-100km/h sprint in 3.8 seconds.


    BMW Australia hasn’t confirmed the fuel consumption for the 520i, nor the energy consumption for the i5 eDrive40 and i5 M60 xDrive.

    The BMW i5 eDrive40 has a claimed WLTP range of 582km, whereas the i5 M60 xDrive has 516km of claimed range.

    The i5 has a maximum AC charging rate of up to 22kW, whereas maximum DC charging rate is up to 205kW. BMW claims it can charge from 10 to 80 per cent on a “high-speed charger in around 30 minutes”.

    All BMW i5 owners also receive a complimentary five-year Chargefox subscription.


    Compared to the previous-generation model, the 2024 BMW 5 Series is 97mm longer at 5060mm, 32mm wider at 1900mm, 36mm taller at 1515mm, and a 20mm longer wheelbase at 2995mm.

    The 520i has a boot capacity of 520 litres, with the i5 models getting a slightly smaller 490 litre boot capacity.

    Servicing and Warranty

    The 2024 BMW 5 Series and i5 is covered by the company’s five-year, unlimited-kilometre warranty. The i5’s high-voltage battery is also covered by an eight-year, 160,000km warranty.

    BMW Australia hasn’t confirmed service pricing for the new 5 Series and i5 yet.


    The new-generation BMW 5 Series and i5 haven’t been crash tested by ANCAP or Euro NCAP yet.

    The 2024 BMW 5 Series and i5 range come with the following safety equipment:

    • Driving Assistant Professional
      • Lane-keep assist
      • Adaptive cruise control with stop/go
    • Parking Assistant Professional
      • Semi-autonomous parking assist
      • Front and rear parking sensors
      • Surround-view camera
    • Tyre pressure monitoring

    There are also a range of connected services that can be accessed using the My BMW smartphone app and BMW Digital Key Plus, including a remote parking function.

    There are likely other safety features on the new 5 Series and i5 but BMW Australia hasn’t confirmed these yet.

    Standard Equipment

    The 2024 BMW 520i comes with the following:

    • 19-inch M alloy wheels
    • Adaptive LED headlights
    • Remote start
    • Panoramic glass roof
    • Power boot-lid
    • BMW Iconic Glow illuminated grille
    • M Sport package
    • Comfort Access (keyless entry and start)
    • 12.3-inch digital instrument cluster
    • 14.9-inch touchscreen infotainment system with BMW Operating System 8.5
    • Wireless Android Auto and Apple CarPlay
    • Head-up display
    • Gesture control
    • Alcantara and Veganza leatherette upholstery
    • Interior camera
    • Ambient lighting
    • Carbon-fibre interior trim
    • Dual-zone climate control
    • Heated front sports seats
    • Wireless phone charger
    • 12-speaker Harman Kardon sound system
    • Driving Assistant Professional
    • Parking Assistant Professional
      • Semi-autonomous parking assist
      • Front and rear parking sensors
    • Surround-view camera
    • Travel & Comfort System
    • ConnectedDrive

    The i5 eDrive40 adds:

    • 20-inch M alloy wheels
    • Adaptive Suspension Professional
      • Integral Active Steering
      • Adaptive suspension
    • 22kW onboard AC charger
    • Mode 2 and Mode 3 charge cables
    • BMW IconicSounds Electric
    • 17-speaker Bowers & Wilkins sound system
    • BMW Individual Merino leather upholstery
    • Five-year Chargefox subscription
    • Metallic paint

    The i5 M60 xDrive adds:

    • 21-inch M alloy wheels
    • M rear spoiler
    • Four-zone climate control
    • Ventilated front seats
    • BMW CraftedClarity glass trim for shifter, rocker switches, iDrive controller and start/stop button
    • Adaptive M Suspension Professional
      • Integral Active Steering
      • Adaptive suspension
      • Anti-roll

    Optional Equipment

    The M Sport Plus package (i5 eDrive40: $4200; i5 M60 xDrive: $4000) adds the following:

    • 21-inch alloy wheels
    • M red or blue brake calipers
    • M lights Shadow Line
    • M seat belts
    • High-gloss black grille frame
    • High-gloss black grille struts (520i and i5 eDrive40 only)
    • High-gloss black tail light strip
    • M Carbon side mirror caps
    • M Carbon rear spoiler

    The Enhancement Package (520i: $5400) adds:

    • 21-inch alloy wheels
    • Metallic paint
    • Bowers & Wilkins surround sound system

    The Comfort Package (520i/i5 eDrive40: $5700; i5 M60 xDrive: $3200) adds:

    • Heated steering wheel
    • Roller sunblinds
    • Ventilated front seats (520i and i5 eDrive40 only)
    • Front comfort seats
    • BMW CraftedClarity Glass application (520i and i5 eDrive40 only)
    • Heated rear seats
    • Four-zone climate control (520i and i5 eDrive40 only)

    There are also a range of optional alloy wheels that can be chosen, as well as upholsteries and interior trims.


    The 2024 BMW 5 Series and i5 comes with the following exterior paint colours:

    • Alpine White
    • M Carbon Black
    • Black Sapphire
    • Sophisto Grey Brilliant Effect
    • Mineral White
    • Phytonic Blue
    • Oxide Grey
    • M Brooklyn Grey
    • Cape York Green
    • BMW Individual Tanzanite Blue
    • BMW Individual Frozen Pure Grey
    • BMW Individual Frozen Deep Grey

    Alpine White is no-cost option on all models, metallic colours are a no-cost option on i5 model yet an extra $2000 on the 520i.

    BMW Individual Tanzanite Blue costs $4400 on the 520i and $2400 on the i5 models, and the BMW Individual Frozen colours are $7000 on the 520i and $5000 on i5 models.

    MORE: Everything BMW 5 Series

    Jack Quick

    Jack Quick is an automotive journalist based in Melbourne. Jack studied journalism and photography at Deakin University in Burwood, and previously represented the university in dance nationally. In his spare time, he loves to pump Charli XCX and play a bit of Grand Theft Auto. He’s also the proud owner of a blue, manual 2020 Suzuki Jimny.

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