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2024 BMW 5 Series Redesign, Release Date & Price – The BMW 5 Series has long held the position as a standard-bearer in the market for midsize luxury sedans. The BMW 5 Series is the only car in its class that can gracefully blend sportiness and comfort over long distances in a single package the way that it does. The current seventh generation of the 5 Series, the G30, has been around for more than five years, which indicates that it is high time for a comprehensive and extensive makeover of the vehicle. To our great relief, BMW is in fact doing just that, as shown by the fact that they have started the official teaser marketing for the subsequent generation of the 5 Series.
The first official teaser that they have released as well as the multitude of spy images that we have in our portfolio indicate that the 2024 BMW 5 Series will most likely have a similar appearance to the present model; nevertheless, this does not imply that it will not get a few significant design updates. The grille will function as one of them at some point. It will, without a doubt, be larger than it has ever been, but, mercifully, it won’t be as large as the one in the 7 Series. According to what was shown in the teaser, the LED headlights will be equipped with two horizontal lights that will serve as the LED daytime running lights.
A teaser of the first-ever electric i5 was shown, but the overall design will be the same across all models, from the internal combustion engine (ICE) to the mild hybrid, plug-in hybrid, and, get this, a fully electric M model, as confirmed by Oliver Zipse, Chairman of the Board of Management of BMW AG. What was shown was only a teaser of the first-ever electric i5.
That completely electric M 5 Series won’t likely be an electric M5, but rather an M Performance model named the i5 M50 as in the i4, according to industry speculation. According to Zipse, the i4 M50 was “the best-selling BMW M model worldwide in 2022.” This likely served as one of the primary motivations for BMW to develop an M Performance version of the i5 automobile. Even though it wasn’t stated in BMW’s official press statement, there are rumors that the full-fledged M5 will have a plug-in hybrid configuration much like the XM.
What was once just a whisper is now a well-founded suspicion. The i5 Touring will be BMW’s first all-electric station wagon when it is released in 2024, according to an official announcement made by Zipse. That is, in essence, the station wagon version of the i5, but regrettably, it is very unlikely that the United States would ever be allowed to import such a vehicle.
In addition to the completely electric variants, the internal combustion engine (ICE)-powered versions of the 5 Series will also get electrification in varied degrees. The electrification process begins with the installation of a 48-volt mild-hybrid system on both gasoline and diesel engines, in addition to plug-in hybrid variants. In addition, BMW guarantees that the newest iteration of the 5 Series will be more digitally advanced, comfortable, and dynamic than any previous model. The second option, in particular, will be attainable with the forthcoming iDrive 8.5, which will include two displays that are encased in a display made of curved glass and will also include a variety of brand-new digital services.
The next-generation BMW 5 Series will make its debut in October 2023, which is actually a few months after the worldwide premiere of its primary competitor, the next-generation Mercedes-Benz E-Class, along with its gimmicky interior. The next-generation Mercedes-Benz E-Class is expected to be released in 2023. Let a fresh round of combat between the German midsize luxury veterans begin.
In tandem with the development of an all-electric version of the i5, as well as a performance-oriented M5 sports sedan, BMW is working on the next generation of its 5-series sedan. We anticipate the new four-door model to make its debut sometime in the latter half of 2023 and to go on sale in the middle of 2024.
In spite of the fact that the 5-series will undergo a redesign in 2024, we anticipate seeing the same powertrains and trim levels, beginning with a model with a lower starting price (the 530i) and finishing with the M550i, which offers a higher level of performance. Although the plug-in hybrid 530e is expected to make a comeback as well, the inline-six 540i was our favorite configuration available on the previous generation vehicle.
In light of the 7 Series, we anticipate that BMW will provide the 2024 5 Series with adaptive cruise control and lane-centering technology. These features will allow the driver to customize their experience by adjusting the amount of steering and braking input. Other standard safety features should include an automated emergency braking system and a Safe Exit function, which makes it more difficult for passengers to open the door when another vehicle or bike is approaching.
Additionally, we believe that BMW will sell the Driving Assistance Professional package with Highway Assistant for hands-free driving at speeds up to 80 miles per hour. This package will also contain an augmented reality video feed that will be presented in the digital instrument cluster. At long last, it seems that BMW’s Parking Assistance package will be made available, giving the 5 Series with the ability to do automatic parking.
There is a paucity of information on the entire range of technology that will be included in the 2024 5 Series. The only elements that have been officially confirmed for inclusion are the usage of the BMW Operating System 8.5 and the BMW Curved Display configuration, both of which have been seen on previous models within the range. BMW has disclosed that the 5 Series will be available with new digital services, but the company has not disclosed the specifics of what these services will be. We really hope that this does not signal the start of heated seat subscriptions.
According to BMW’s announcement, the 5 Series will begin its worldwide rollout in October of 2023. Around the same time in the autumn of 2023, we anticipate announcements for both gasoline and fully electric vehicles. The price has not yet been determined, but the base model of the current BMW 5-Series, the 530i, costs $55,795, while the most expensive model, the M5, costs $109,895.