The brand new BMW M5 2024 It has been priced from $259,900 plus on-road costs ahead of first Australian deliveries in the fourth quarter of this year.
This makes the seventh generation super sedan significantly cheaper than the previous generation M5 Competition it replaces, although the next-generation Mercedes-AMG E 63 has yet to be revealed, let alone its price.
For reference, the previous M5 Competition topped out at $273,600 plus ORCs before being discontinued, and the last V8-powered E 63 S was listed at $270,469 plus ORCs.
Equipped with a 4.4-litre V8 plug-in hybrid powertrain producing a combined output of 535kW/1,000Nm, the new Australian-spec M5 is claimed to hit 100km/h in 3.5 seconds and achieve a top speed of 305km/h thanks to the standard inclusion of the M Driver’s Package.
This means that while it’s as fast as before, the new heavier performance flagship of the latest BMW The 5 Series’ range is not as fast as that of the model it replaces (0-100 km/h: 3.3 s).
An eight-speed automatic transmission sends power to all four wheels and houses the powertrain’s 145kW/280Nm electric motor, which draws power from an 18.6kWh (net) battery and is capable of running the A large luxury sedan weighing over 2,400 kg alone at speeds of up to 140 km/h.
The battery and motor combination also offers a zero-emission cruising range of up to 68 km according to the WLTP cycle.
The Monstrous Powertrain is equipped with an adaptive M chassis with electronically controlled dampers, double wishbones at the front, a multi-link rear axle and an electronically controlled rear differential.
Standard equipment on the new M5 in Australia will be as plentiful as the number of kilos it carries, as you’d expect from a vehicle costing more than a quarter of a million dollars.
Other specification highlights include staggered 20- and 21-inch M light-alloy wheels, an electric boot lid, M Compound brakes, Merino leather upholstery, heated seats and steering wheel, an 18-speaker Bowers & Wilkins surround sound system, four-zone climate control, carbon fibre interior and exterior trim, Comfort Access, ventilated front seats and M Drive Professional.
Other inclusions include an interior camera, sun visors, wireless phone charging, M seat belts, BMW Live Cockpit Professional, BMW iDrive running OS 8.5, ambient lighting, metallic paint and a myriad of drive configurations.
Red or black brake calipers are no-cost options, while a ceramic brake package costs an extra $18,500.
“Now in its seventh generation, the new BMW M5 brings notable firsts for the brand and is set to redefine performance and capability in the segment,” BMW Australia said.
“Production of the all-new BMW M5 has now started at the BMW Group Plant Dingolfing, where the previous six generations of the BMW M5 were built.”
So far there is no information on the price or availability of the new BMW M5 Touring in Australia.
How much does the 2024 BMW 5 Series cost?
520i – $114,900
540d xDrive – $134,900
i5 eDrive40 – $155,900
i5 M60 xDrive – $215,900
i5 M60 xDrive Touring – $219,900
M5 – $259,900
* Prices do not include road costs
