M5 Competition Price: MSRP, Trims & Real-World Cost

The "M5 Competition" name belonged to the previous-generation M5. In the current generation, BMW sells a single M5 powertrain in two body styles, a sedan and a Touring wagon, and it no longer sells a separate Competition trim. Searches for an M5 Competition price now mostly turn up used cars or older figures, so this guide separates the current M5 from earlier ones.

The current M5 is a plug-in hybrid, which helps explain a price that sits well above the older generation. All figures are manufacturer's suggested retail prices, last checked Oct 13, 2026, and exclude taxes, registration, and dealer charges.

For 2027, the sedan is the entry point and the Touring wagon costs a little more.

There is no higher or lower performance trim to move up or down to. The price differences you will see on dealer lots come from options, packages, and in some cases dealer markups. Fully equipped cars can sit well above the starting figures.

A destination charge applies to every new M5. High-performance cars may also carry a federal gas guzzler tax, which the 2026 sedan listing shows.

The destination charge appears on the window sticker. The gas guzzler tax, when it applies, is set by the vehicle's fuel economy rating and is included in the sticker total. Ask the dealer to show where each charge appears on the quote.

Looking back at earlier model years gives context for the price today. The 2026 sedan was listed at the same starting price as 2027. The 2025 sedan, the first year of the new generation, started lower, and the 2023 sedan from the previous generation was lower still.

If you are looking for the older M5 Competition specifically, the 2023 figure is the closest reference in this guide, but confirm that a listing names the Competition model, since the previous generation had more than one version. A used older-generation M5 Competition is a different car from the new plug-in hybrid, with a different powertrain and a different ownership profile.

If you want the old car, you are shopping used. If you want the new car, you are buying the M5 with no Competition label. Here is how the decision usually breaks down:

• New M5. Higher purchase price, current technology, factory warranty, and a plug-in hybrid system.
• Used M5 Competition. Lower price, a proven powertrain, but older technology and possibly expired warranty coverage.

Insurance, tires, brakes, and routine maintenance on a high-performance sedan cost more than on a standard luxury car, so factor running costs into your budget along with the sticker.

• Body style. The Touring wagon costs more than the sedan.
• Packages. Carbon brakes, driver and executive packages, and exterior carbon trim can raise the final price considerably.
• Paint. Individual and special paints are extra-cost items.
• Dealer practice. High-demand performance cars may sell above MSRP in some markets, and others sell at or below sticker.
• Taxes and fees. On a car of this price, sales tax is a large amount on its own.

Before buying a pre-owned M5, request the full service history, ask whether the car has been tracked, and have a BMW specialist inspect it. Check the status of any extended warranty and whether it transfers to a new owner.

• Is this the sedan or the Touring, and which packages are installed?
• Is the price MSRP, or does it include a market adjustment?
• Which fees are listed besides destination and tax?
• If used, is this the old Competition model or the current M5?