2023 BMW M5Competition
Deal Analysis
Standard · 4/6/2026You're looking at a 2023 BMW M5 Competition asking $76,995, but this deal has a fundamental problem: the asking price is 26% above market, and the car's usage pattern disqualifies it from serious consideration.
Here's the core issue. Comparable M5 Competitions are selling for a median of $60,949—that's $16,000 less than what's being asked. More critically, this car is running at 23,333 miles per year, which far exceeds the standard 6,000-mile annual threshold used by the market to assess vehicle condition and residual value. At that usage rate, you're buying a car that's being driven hard and frequently, which compounds depreciation and increases the likelihood of accelerated wear on a high-performance engine and transmission.
The financial picture reinforces this. The car has already depreciated roughly 29% from its original price, and at current mileage trajectory, it will continue shedding value faster than comparable, lower-mileage examples. Your annual maintenance costs will run $3,500—a significant ongoing expense for a car that's already overpriced relative to the market.
The one favorable factor: no recalls have been issued for this model year, which is genuinely positive from a safety standpoint.
Your next step is straightforward: pass on this listing and redirect your search toward lower-mileage M5 Competitions trading closer to the $60,000 median. The $16,000 premium here isn't justified by condition, market position, or usage patterns.
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