BMW had a record performance in 2023, with over 2.5 million vehicles sold. The carmaker plans to keep the momentum going for 2024, with a plan to sell as much as 500,000 electric cars alone.
BMW’s reputation for performance and cutting-edge technology has helped the brand consolidate its market share and push further into the EV sector.
BMW enters 2024 with a formidable model lineup, set to challenge the competition for an even bigger slice of the market. Some of the vehicles that will help spearhead BMW’s bid for what it hopes will be another record year are highlighted below.
The Best 2024 BMW Models
- 2024 BMW iX
- 2024 BMW 540i
- 2024 BMW i5
- 2024 BMW 760i
- 2024 BMW M2
- 2024 BMW i4 M50
- 2024 BMW M8 Competition
- 2024 BMW X5
2024 BMW iX xDrive50
Image Credit: Edmunds
Specifications
- MSRP: starts at $87,100 USD / $117,240 CAD
- Engine: Current-excited synchronous AC motor (front & rear)
- Power / Torque: 516 hp / 564 lb-ft (combined)
- Drivetrain: AWD
- 0-60 mph: 4.0 seconds
- Fuel Economy: 83 MPGe | 2.8 L /100 km (City) / 82 MPGe | 2.8 L /100 km (Highway)
- Range: 307 miles (494 km)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
This sports sedan continues to deliver excellent value for the BMW 5-series range. Its styling has been refreshed for the 2024 MY, making the sedan look even more athletic. There’s also a new cabin and various digital enhancements for the eight-generation 5-series. The 540i is the sweet spot of the lineup, with a well-measured balance of performance and comfort.
2024 BMW 540i
Image Credit: BMW Blog
Specifications
- MSRP: starts at $64,900 USD / $87,358 CAD
- Engine: 3.0L turbocharged inline-6
- Power / Torque: 375 hp / 384 lb-ft
- Drivetrain: AWD
- 0-60 mph: 4.5 seconds
- Fuel Economy: 26 MPG (city) | 9.1 L/100 km / 33 MPG | 7.1 L/100 km(highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
This sports sedan continues to deliver excellent value for the BMW 5-series range. Its styling has been refreshed for the 2024 MY, making the sedan look even more athletic. There’s also a new cabin and a host of digital enhancements for the eight-generation 5-series. The 540i is the sweet spot of the lineup, with a well-measured balance of performance and comfort.
2024 BMW i5 M60 xDrive
Image Credit: InsideEVs
Specifications
- MSRP: starts at $84,100 USD / $113,202 CAD
- Engine: Current-excited synchronous AC motor (front & rear)
- Power / Torque: 593 hp / 605 lb-ft
- Drivetrain: AWD
- 0-60 mph: 3.7 seconds
- Fuel Economy: 85 MPGe (City) | 2.8 L/100 km / 86 MPGe | 2.7 L/100 km (Highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
Fresh for the 2024 MY, the i5 is another bold statement from BMW as the carmaker pushes on with its electrification agenda. The i5 is a tech-fest-on-wheels with futuristic gadgetry and functions mostly accessed via a digital dashboard. More than that, though, the car also impresses with potent electric powertrains, luxurious cabin feel and a well-balanced handling.
2024 BMW 760i
Image Credit: Baron BMW
Specifications
- MSRP: starts at $121,300 USD / $163,275 CAD
- Engine: 4.4L twin-turbocharged V8
- Power / Torque: 536 hp / 553 lb-ft
- Drivetrain: AWD
- 0-60 mph: 3.5 seconds
- Fuel Economy: 18 MPG (city) | 13.1 L/100 km / 25 MPG | 9.4 L/100 km(highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
The BMW flagship is a 5,000-lb insane luxury rocket ship that redefines automotive luxury, style and performance. The 760i boasts a twin-turbocharged V8 instead of the inline-6 in the base model. It delivers plenty of power, making the big sedan accelerate like a sports car. A screen-heavy interior may not be to everyone’s liking, but a first-class cabin laid out with the finest quality materials is a definite plus.
2024 BMW M2
Image Credit: Carscoops
Specifications
- MSRP: starts at $63,200 USD / $85,070 CAD
- Engine: 3.0L twin-turbocharged inline-6
- Power / Torque: 453 hp / 406 lb-ft
- Drivetrain: AWD
- 0-60 mph: 3.9 seconds
- Fuel Economy: 16 MPG | 14.7 L/100 km (City) / 23 MPG | 10.2 L/100 km (Highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
Compared to earlier models, the latest iteration of the M2 is packed full of technology and fancy assists. However, the car continues to deliver a high level of driver engagement thanks to a superb blend of its potent powerplant, crisp handling and a near-perfect chassis setup. It’s no wonder that the car is regarded as one of the best modern BMW M cars ever built.
2024 BMW i4 M50
Image Credit: Autoweek
Specifications
- MSRP: starts at $69,700 USD / $93,819 CAD
- Engine: Current-excited synchronous AC motor (front & rear)
- Power / Torque: 536 hp / 586 lb-ft
- Drivetrain: AWD
- 0-60 mph: 3.3 seconds
- Fuel Economy: 79 MPGe (City) | 3.0 L/100 km / 80 MPGe | 3.0 L/100 km (Highway) on 20-inch wheels
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
The BMW i4 M50 closed out the first half of 2023 as the best-selling vehicle from BMW’s M division, edging out even its combustion engine counterparts. It’s a testament to how well BMW has put together the i4. The EV impresses with a styling that makes it look like just a regular BMW 4-series. Then there’s the well-tuned suspension, excellent handling and a high-quality interior layout.
2024 BMW M8 Competition
Image Credit: CarBuzz
Specifications
- MSRP: starts at $138,800 USD / $186,831 CAD
- Engine: 4.4L twin-turbocharged V8
- Power / Torque: 617 hp / 553 lb-ft
- Drivetrain: AWD
- 0-60 mph: 2.5 seconds
- Fuel Economy: 15 MPG | 15.7 L/100 km (City) / 22 MPG | 10.7 L/100 km (Highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
With the M8, BMW has been able to combine speed, style and comfort in one sleek package. For now, there’s only one powertrain option but with over 600 hp on tap, that’s more than enough for near-supercar performance. Add that to the car’s elegant looks and plush interior, and you’ve got a performance vehicle that will be hard to match in its segment.
2024 BMW X5 xDrive40i
Image Credit: BMW Blog
Specifications
- MSRP: starts at $67,500 USD / $90,858 CAD
- Engine: 3.0L twin-turbocharged inline-6
- Power / Torque: 375 hp / 398 lb-ft
- Drivetrain: AWD
- 0-60 mph: 5.3 seconds
- Fuel Economy: 23 MPG | 10.2 L/100 km (City) / 27 MPG | 8.7 L/100 km (Highway)
- Basic Warranty: 4 years / 50,000 miles (80,000 km)
Our Take
The BMW X5 was the top-selling model in the North American market for 2023, indicating just how popular the SUV has become. The premium SUV sports a refreshed look for the 2024 MY, including a revised front grille, bumper, headlamps, taillamps, and more wheel designs. The X5 is also available in different trim levels with capable powertrain options, making it more appealing to a broader market segment.
The Full 2024 BMW Lineup
BMW X Series
- BMW X1 xDrive28i (starts at $40,500 USD / $54,515 CAD)
- BMW X1 M35i (starts at $49,900 USD / $67,167 CAD)
- BMW X2 xDrive28i (starts at $42,000 USD / $56,534 CAD)
- BMW X2 M35i (starts at $51,400 USD / $69,186 CAD)
- BMW X3 sDrive30i (starts at $46,900 USD / $63,129 CAD)
- BMW X3 xDrive30i (starts at $48,900 USD / $65,821 CAD)
- BMW X3 M40i (starts at $61,900 USD / $83,320 CAD)
- BMW X3 M (starts at $75,500 USD / $101,626 CAD)
- BMW X4 xDrive30i (starts at $55,000 USD / $74,032 CAD)
- BMW X4 M40i (starts at $66,400 USD / $89,377 CAD)
- BMW X4 M (starts at $79,100 USD / $106,472 CAD)
- BMW X5 sDrive40i (starts at $65,200 USD / $87,762 CAD)
- BMW X5 xDrive40i (starts at $67,500 USD / $90,858 CAD)
- BMW X5 xDrive50e (starts at $72,500 USD / $97,588 CAD)
- BMW X5 M60i (starts at $89,300 USD / $120,202CAD)
- BMW X5 M (starts at $122,300 USD / $164,621 CAD)
- BMW X6 xDrive40i (starts at $73,900 USD / $99,473 CAD)
- BMW X6 M60i (starts at $93,600 USD / $125,990 CAD)
- BMW X6 M ($127,200 USD / $171,217 CAD)
- BMW X7 xDrive40i (starts at $81,900 USD / $110,241 CAD)
- BMW X7 M60i (starts at $108,700 USD / $146,315 CAD)
- BMW Alpina XB7 (starts at $149,400 USD / $201,099 CAD)
BMW XM Series
- BMW XM (starts at $159,000 USD / $214,021 CAD)
- BMW XM Label (starts at $185,000 USD / $249,019 CAD)
BMW 8 Series
- BMW 840i Coupe/Gran Coupe (starts at $90,800 USD / $122,221 CAD)
- BMW 840i xDrive Coupe/Gran Coupe (starts at $93,800 USD / $126,259 CAD)
- BMW M850i xDrive Coupe/Gran Coupe (starts at $106,300 USD / $143,085 CAD)
- BMW 840i Convertible (starts at $100,500 USD / $135,278 CAD)
- BMW 840i xDrive Convertible (starts at $103,500 USD / $139,316 CAD)
- BMW M850i xDrive Convertible (starts at $116,000 USD / $156,141 CAD)
- BMW M8 Competition Coupe (starts at $138,800 USD / $186,831 CAD)
- BMW M8 Competition Gran Coupe (starts at $138,800 USD / $186,831 CAD)
- BMW M8 Competition Convertible (starts at $148,800 USD / $200,292 CAD)
- BMW Alpina B8 xDrive Gran Coupe (starts at $149,300 USD / $200,965 CAD)
BMW 7 Series
- BMW 740i (starts at $96,400 USD / $129,259 CAD)
- BMW 740i xDrive (starts at $99,400 USD / $133,797 CAD)
- BMW 760i xDrive (starts at $121,300 USD / $163,275 CAD)
- BMW 750e xDrive (starts at $107,000 USD / $144,027 CAD)
- BMW i7 eDrive50 (starts at $105,700 USD / $142,277 CAD)
- BMW i7 xDrive60 (starts at $124,200 USD / $167,179 CAD)
- BMW i7 M70 (starts at $168,500 USD / $226,809 CAD)
BMW 5 Series
- BMW 530i (starts at $57,900 USD / $77,936 CAD)
- BMW 530i xDrive (starts at $60,200 USD / $81,032 CAD)
- BMW 540i xDrive (starts at $64,900 USD / $87,358 CAD)
- BMW i5 eDrive40 (starts at $66,800 USD / $89,916 CAD)
- BMW i5 M60 (starts at $84,100 USD / $113,202 CAD)
BMW 4 Series
- BMW 430i Coupe/Gran Coupe (starts at $49,900 USD / $67,167 CAD)
- BMW 430i xDrive Coupe/Gran Coupe (starts at $51,900 USD / $69,859 CAD)
- BMW M440i Coupe/Gran Coupe (starts at $61,450 USD / $82,714 CAD)
- BMW M440i xDrive Coupe/Gran Coupe (starts at $63,450 USD / $85,406 CAD)
- BMW 430i Convertible (starts at $58,100 USD / $78,205 CAD)
- BMW 430i xDrive Convertible (starts at $60,100 USD / $80,897 CAD)
- BMW M440i Convertible (starts at $69,550 USD / $93,617 CAD)
- BMW M440i xDrive Convertible (starts at $71,550 USD / $96,309 CAD)
- BMW M4 Coupe (starts at $78,100 USD / $105,126 CAD)
- BMW M4 Competition Coupe (starts at $82,200 USD / $110,645 CAD )
- BMW M4 Competition xDrive Coupe (starts at $86,300 USD / $116,164 CAD)
- BMW M4 Competition xDrive Convertible (starts at $93,300 USD / $125,586 CAD)
- BMW i4 eDrive35 (starts at $52,200 USD / $70,263 CAD)
- BMW i4 eDrive40 (starts at $57,300 USD / $77,128 CAD)
- BMW i4 xDrive40 (starts at $61,600 USD / $82,916 CAD)
- BMW i4 M50 (starts at $69,700 USD / $93,819 CAD)
BMW 3 Series
- BMW 330i (starts at $44,500 USD / $59,899 CAD)
- BMW 330i xDrive (starts at $46,500 USD / $62,591 CAD)
- BMW 330e (starts at $45,600 USD / $61,379 CAD)
- BMW 330e xDrive (starts at $47,600 USD / $64,071 CAD)
- BMW M340i (starts at $57,600 USD / $77,532 CAD)
- BMW M340i xDrive (starts at $59,600 USD / $80,224 CAD)
- BMW M3 (starts at $76,000 USD / $102,299 CAD)
- BMW M3 Competition (starts at $80,200 USD / $107,953 CAD)
- BMW M3 Competition xDrive (starts at $84,300 USD / $113,472 CAD)
BMW 2 Series
- BMW 230i Coupe (starts at $38,800 USD / $52,226 CAD)
- BMW 230i xDrive Coupe (starts at $40,800 USD / $54,918 CAD)
- BMW M240i Coupe (starts at $49,700 USD / $66,898 CAD)
- BMW M240i xDrive Coupe (starts at $51,700 USD / $69,590 CAD)
- BMW 228i Gran Coupe (starts at $38,400 USD / $51,688 CAD)
- BMW 228i xDrive Gran Coupe (starts at $40,400 USD / $54,380 CAD)
- BMW M235i xDrive Gran Coupe (starts at $48,300 USD / $65,014 CAD)
- BMW M2 Coupe (starts at $63,200 USD / $85,070 CAD)
BMW Z Series
- BMW Z4 sDrive30i (starts at $53,600 USD / $72,148 CAD)
- BMW Z4 M40i (starts at $66,300 USD / $89,243 CAD)
BMW i Series
- BMW iX xDrive50 (starts at $87,100 USD / $117,240 CAD)
- BMW iX M60 (starts at $111,500 USD / $150,084 CAD)
- BMW i7 eDrive50 (starts at $105,700 USD / $142,277 CAD)
- BMW i7 xDrive60 (starts at $124,200 USD / $167,179 CAD)
- BMW i7 M70 (starts at $168,500 USD / $226,809 CAD)
- BMW i5 eDrive40 (starts at $66,800 USD / $89,916 CAD)
- BMW i5 M60 (starts at $84,100 USD / $113,202 CAD)
- BMW i4 eDrive35 (starts at $52,200 USD / $70,263 CAD)
- BMW i4 eDrive40 (starts at $57,300 USD / $77,128 CAD)
- BMW i4 xDrive40 (starts at $61,600 USD / $82,916 CAD)
- BMW i4 M50 (starts at $69,700 USD / $93,819 CAD)
BMW M Series
- BMW M2 Coupe (starts at $63,200 USD / $85,070 CAD)
- BMW M3 (starts at $76,000 USD / $102,299 CAD)
- BMW M3 Competition (starts at $80,200 USD / $107,953 CAD)
- BMW M3 Competition xDrive (starts at $84,300 USD / $113,472 CAD)
- BMW M4 Coupe (starts at $78,100 USD / $105,126 CAD)
- BMW M4 Competition Coupe (starts at $82,200 USD / $110,645 CAD )
- BMW M4 Competition xDrive Coupe (starts at $86,300 USD / $116,164 CAD)
- BMW M4 Competition xDrive Convertible (starts at $93,300 USD / $125,586 CAD)
- BMW M8 Competition Coupe (starts at $138,800 USD / $186,831 CAD)
- BMW M8 Competition Gran Coupe (starts at $138,800 USD / $186,831 CAD)
- BMW M8 Competition Convertible (starts at $148,800 USD / $200,292 CAD)
- BMW X3 M (starts at $75,500 USD / $101,626 CAD)
- BMW X4 M (starts at $79,100 USD / $106,472 CAD)
- BMW X5 M (starts at $122,300 USD / $164,621 CAD)
- BMW X6 M ($127,200 USD / $171,217 CAD)
