2023 BMW 5 Series Ownership Costs
The average annual cost to own a 2023 BMW 5 Series is $38,980, based on initial Sidekick owner data. This luxury sedan offers a 2.0L turbo engine with 248 hp, 25/33 mpg city/highway, and seats 5 in comfort.
Sidekick gives it a Score of 87. This high mark means low costs beat most luxury sedans. Parking drives up the total at $13,200 per year.
| Cost Category | Annual Cost |
|---|---|
| Total | $38,980 |
| Parking | $13,200 |
| Financing | $12,050 |
Sidekick Score Analysis
The Sidekick Score ranges from 87 to 87 with an average of 87. This score beats the luxury sedan average. It shows strong value from real owner costs.
Initial data comes from 1 owner. More owners will refine this score over time.
Ownership Cost Breakdown
Owners spend $38,980 per year on average. Market value sits at $35,000.
Highest costs:
- Parking: $13,200/year (biggest hit)
- Financing: $12,050/year
- Depreciation: $4,200/year
Other costs:
- Insurance: $3,840/year
- Fuel: $3,190/year (fits 25/33 mpg EPA)
- Maintenance: $2,500/year
| Category | Cost/Year |
|---|---|
| Parking | $13,200 |
| Financing | $12,050 |
| Insurance | $3,840 |
| Fuel | $3,190 |
| Maintenance | $2,500 |
| Depreciation | $4,200 |
Parking and financing lead. Fuel stays low thanks to good mpg.
Regional Insights
Costs change by location. Urban areas raise parking to over $13,200/year. Suburban spots cut it in half. Rural owners pay least for parking.
Initial data shows no clear region lead. Check your area for exact fit.
Mileage Impact
Higher miles boost fuel and maintenance. Under 12K miles per year keeps costs low.
Optimal pattern: Drive 10K-12K miles/year. This matches warranty and slows depreciation.
Savings Opportunities
Top ways to save:
- Sell before 60K mile drop: Save $5,000/year on depreciation.
- Sell before warranty ends: Save $3,000/year on depreciation.
- Stick to oil change intervals: Save $1,000/year on maintenance.
- Pay off loan faster: Save $1,200/year on financing.
- Shop insurance quotes: Save $640/year on insurance.
Act now. Compare quotes today. Track miles to hit sell points.
Bottom Line
The 2023 BMW 5 Series suits drivers who want luxury at a fair cost. It fits best for suburban owners with low miles.
Get your personal Sidekick Score. See exact costs for your setup.
