BMW M5 (F90) Market Analysis — September 2026
Executive Summary
The BMW M5 (F90) market is currently stable, with a year-over-year price change of -2.7%. The data indicates that while prices have slightly declined, the overall market remains resilient. An actionable insight is to focus on vehicles with lower mileage, as they command significantly higher prices.
Market Snapshot
- Current inventory: 294 active listings
- Median asking price: $67,721 (historical median: $74,950)
- Price trend: Stable (-2.7% YoY)
- Market velocity: 70 days average time on market
PRICE TRENDS & APPRECIATION
The quarterly trends reveal a mixed picture. In 2025-Q3, sales peaked at 55 units with a median price of $79,995, while 2026-Q2 saw a decline in sales to 31 units with a median price of $68,038. The most recent quarter (2026-Q3) shows a further decline in sales to just 5 units with a median price of $71,220. This indicates a slight depreciation in prices over the last year, particularly when comparing the recent median prices to the historical averages.
Auction Market Dynamics
The sell-through rate stands at 82.2%, indicating a healthy auction market. The median price for sold vehicles is $77,000, while the median high bid is $68,500, revealing a reserve gap of $8,500. This suggests that while buyers are willing to pay a substantial amount, sellers may have unrealistic expectations, as evidenced by the high number of unsold vehicles (1) and pending sales (5).
Configuration Value Guide
The body style breakdown shows that the Sedan configuration is the primary body style, with an average price of $64,473 and a median price of $62,995. The price by year indicates that the 2022 model commands the highest average price of $103,814, followed by the 2023 model at $86,232. This suggests that newer models are significantly more valuable, with a premium associated with the latest configurations.
Mileage Impact
Mileage analysis indicates that vehicles with under 50,000 miles command an average price of $83,391, compared to $55,360 for those with 50,000 to 100,000 miles, and $34,706 for vehicles over 100,000 miles. This shows that buyers are willing to pay a premium of approximately $28,000 for low-mileage vehicles, highlighting the importance of mileage in pricing.
Regional Pricing
Geographic distribution reveals that the West region has the highest average price at $67,041, while the Midwest has the highest median price at $92,138. The South region averages $72,416, indicating that buyers in the Midwest may be paying a premium compared to other regions. This could present an arbitrage opportunity for buyers in lower-priced regions.
Market Health Indicators
The average days on market is 70, with 36 new listings this week and 86 listings with price reductions. This suggests that while there is a steady influx of new inventory, the presence of numerous price reductions indicates soft demand. The healthy sell-through rate of 82.2% suggests that while some vehicles are selling, others may be struggling to meet seller expectations.
Investment Outlook
Given the stable trend direction and slight depreciation in prices, the BMW M5 (F90) may not be an appreciating asset class in the short term. However, the strong sell-through rate and demand for low-mileage vehicles suggest that well-maintained examples could hold their value better than others. A hold recommendation is advised for current owners.
Buying Recommendations
Potential buyers should focus on low-mileage vehicles (under 50,000 miles) as they represent the best value, with average prices significantly higher than those with higher mileage. Target price ranges should be between $70,000 and $80,000 for well-maintained examples, particularly from the 2022 and 2023 model years. Buyers should be cautious of listings with high asking prices relative to recent auction outcomes, as the reserve gap indicates potential overpricing.
This analysis is generated from CarSearch.Pro's market database (418 historical sales, 294 active listings across 14 marketplaces) and refreshed automatically. It is market commentary, not financial advice.