BMW i5 Price in Australia 2026: eDrive40 vs M60 xDrive, Specs and What You Pay

The BMW i5 is the fully electric version of the BMW 5 Series, and it is one of the few large luxury electric sedans still sold new in Australia. If you are comparing it with a petrol 5 Series or another premium EV, the big questions are simple: what does it cost, which version should you buy, and what will you actually pay once it is registered?

This guide covers the i5 eDrive40 and i5 M60 xDrive, their list prices before on-road costs, the battery, range and charging figures BMW Australia publishes, the warranty, and the extra costs that push the final number higher. Specifications were checked on BMW Australia's own i5 pages on 14 October 2026.

BMW i5 price in Australia at a glance

These are BMW Australia's list prices for the i5 before on-road costs, and they include GST and Luxury Car Tax. BMW Australia's website does not currently display a list price on its i5 pages. It points buyers to Build & Price and Request for Offer instead, so treat these figures as your starting point and confirm the exact price, including any options, in BMW's configurator or with a dealer before you sign. BMW does not publish a national drive away price for the i5.

Which i5 models can you buy right now?

BMW Australia's i5 model page currently highlights one version, the i5 eDrive40 sedan. The i5 technical data page still lists both the eDrive40 and the i5 M60 xDrive sedan, with full specifications for each. In practice that means the eDrive40 is the core model, while the M60 is worth asking about directly if you want it. A dealer can tell you whether new M60 stock or factory orders are available in your state.

The electric 5 Series wagon, the i5 Touring, is not currently shown on BMW Australia's website. If you need a wagon, ask your dealer about stock, but do not plan around one being available.

BMW i5 eDrive40: the one most buyers will choose

The i5 eDrive40 is the more affordable i5 and the one BMW leads with. It uses a single electric motor driving the rear wheels, with 250 kW and 400 Nm. BMW quotes 0 to 100 km/h in 6.0 seconds and a top speed of 193 km/h, which is plenty for a large luxury sedan that weighs 2,205 kg.

Range is the eDrive40's strongest point. BMW Australia quotes up to 550 km on the WLTP test, from an 81.2 kWh battery, with combined energy use of 18.1 kWh per 100 km. The overview page gives a range band of 501 to 550 km depending on wheels and equipment, so the exact figure for your car will depend on how you spec it.

Charging is quick for this class. The eDrive40 accepts up to 205 kW on a DC fast charger, and BMW says a 10 to 80 per cent charge takes about 30 minutes in ideal conditions. BMW also says 10 minutes of high power charging adds roughly 156 to 196 km of range. At home, AC charging runs at 11 kW, or 22 kW where the faster onboard charger is fitted. BMW quotes about 8.5 hours for a full 0 to 100 per cent charge at 11 kW and about 4.25 hours at 22 kW.

The eDrive40 is 5,060 mm long, has a 2,995 mm wheelbase and a 490 litre boot. It can tow up to 1,500 kg braked with the optional towbar.

Suits: buyers who want the longest range, the lower price, and a quiet, comfortable electric executive sedan.

Watch for: options. Equipment packs and paint can add thousands, so build the car you want before comparing quotes.

BMW i5 M60 xDrive: the performance flagship

The i5 M60 xDrive adds a second motor for all wheel drive and a big jump in performance. BMW Australia lists 442 kW and 820 Nm, with 0 to 100 km/h in 3.8 seconds and a 230 km/h top speed.

It uses the same 81.2 kWh battery as the eDrive40, but the extra motor, extra weight (2,380 kg) and larger wheels cut the range. BMW quotes up to 506 km WLTP and combined energy use of 18.2 to 20.5 kWh per 100 km. DC charging peaks at the same 205 kW with a 10 to 80 per cent time of about 30 minutes. AC charging is listed at 11 kW, with a full charge taking about 8.5 hours.

The M60 can tow more, with a braked rating of 2,000 kg. It sits slightly lower than the eDrive40, at 1,505 mm tall, and keeps the 490 litre boot.

Suits: buyers who want supercar style acceleration in a discreet sedan, and who value all wheel drive traction.

Watch for: the $60,000 premium over the eDrive40, shorter range, and current availability. Ask your dealer to confirm stock before you get attached to one.

BMW i5 specs compared

All figures are from BMW Australia's i5 technical data. Range and charging times are best case figures and will vary with temperature, driving style, wheel size and how you use the climate control.

What equipment does the i5 offer?

BMW positions the i5 as a technology showcase, and its Australian i5 page highlights several features worth knowing about. They include the illuminated Iconic Glow kidney grille, a Dynamic Light Carpet that lights the ground as you get in, a panoramic glass roof, and the Interaction Bar, a lit strip across the dashboard with touch controls for the climate system.

The cabin is built around BMW's Curved Display, with in-car video streaming and AirConsole games you can play while charging, using your phone as a controller. BMW Digital Key Plus lets your phone work as the key and can be shared with up to five people. A Bowers and Wilkins surround sound system with 18 speakers and 655 watts is also shown.

For driver assistance, BMW highlights Driving Assistant Professional, which helps keep the car in its lane and at a set distance at up to 210 km/h and can bring the car to a stop in an emergency. Parking Assistant Professional can park and unpark the car automatically, and can repeat a saved manoeuvre of up to 200 metres. A head up display with Augmented View is also part of the i5 story.

Not every item is standard on every car, and some are part of option packs. Before you compare quotes, go through BMW's Build & Price for your chosen model and note what is standard and what you are adding.

Warranty, battery warranty and servicing

Every new i5 comes with BMW's five year, unlimited kilometre new car warranty. The high voltage battery is covered for eight years or 160,000 km, whichever comes first. BMW also includes roadside assistance and accident management support.

Servicing is condition based, so the car tells you when it needs attention rather than following a fixed kilometre schedule. BMW offers BMW Service Inclusive, a pre paid package covering scheduled checks such as annual vehicle checks and brake fluid. It is optional, but it fixes your servicing costs up front, which is useful if you are leasing or want predictable ownership costs. Electric cars generally need less routine work than petrol cars, with no oil changes, spark plugs or exhaust parts. Our car service cost guide explains what typical servicing costs look like across brands.

What you will really pay: on-road costs, LCT and state charges

The list price is not what you pay to drive away. On top of it you will pay registration, compulsory third party insurance (CTP), stamp duty and dealer delivery. Our guide to on-road costs, drive away vs list price walks through each charge in detail.

Luxury Car Tax. The i5's list price already includes Luxury Car Tax (LCT). LCT is charged at 33 per cent on the part of a car's value above the LCT threshold. Fuel efficient vehicles, which include electric cars like the i5, use a higher threshold than other cars, and the threshold is updated each financial year. On a car priced like the i5, LCT is a large part of the gap between it and a mainstream EV. Options you add are also caught by LCT, so a $5,000 option pack can cost more than its sticker suggests once the tax is applied.

Stamp duty. Each state and territory sets its own stamp duty, and premium cars often attract a higher rate above a value threshold. On a $150,000 plus car, stamp duty alone can run to many thousands of dollars, and the difference between states is significant. EV duty concessions differ between states and have changed over time, so check your state revenue office's current rules.

Registration and CTP. These vary by state and sometimes by vehicle weight or type. Some states charge EVs a lower registration fee, while others apply a road user charge per kilometre. Ask your dealer for a fully itemised drive away quote for your postcode.

Insurance. Comprehensive cover on a $150,000 to $230,000 electric sedan is a significant ongoing cost. Get quotes before you commit. Our guide to how much car insurance costs by state gives a useful baseline.

Charging. Running costs are where an i5 can claw some money back. At 18.1 kWh per 100 km, the eDrive40 uses about 18 kWh of electricity to drive 100 km before charging losses. Charging at home on an off peak or solar rate is far cheaper than fast charging. See our EV home charging guide for wallbox options and our public EV charging costs guide for what fast charging costs per kWh.

eDrive40 or M60 xDrive: which should you buy?

For most buyers, the eDrive40 is the more sensible i5. It costs $60,000 less, goes further on a charge, charges just as quickly on DC, and is still brisk at 6.0 seconds to 100 km/h. If your driving is mostly city commuting with occasional long trips, the eDrive40 does everything an executive sedan needs to do.

The M60 xDrive makes sense for buyers who want the performance and all wheel drive and are happy to pay for them. Its 3.8 second sprint puts it in sports car territory, and the higher 2,000 kg towing rating may matter if you tow a boat or small caravan. The trade off is roughly 44 km less WLTP range, more weight and a much higher price, with more LCT and stamp duty on top.

If you regularly drive long country stretches, the eDrive40's range advantage is worth more than the M60's speed. Our EV highway trip guide explains how charging stops work on Australia's major routes.

How the i5 compares with rivals

The i5 sits in a small group of large electric and electrified luxury sedans. BMW's main rivals do not all publish list prices on their Australian websites, and most send buyers to a configurator for pricing, so we have not listed rival prices here. Use this table to decide what to shortlist, then price each car on its maker's Australian configurator.

If you want an electric sedan but the i5's price is out of reach, cars like the Hyundai Ioniq 6, Tesla Model 3 and BYD Seal cost far less, although they are smaller and not in the same luxury class. Our cheapest electric cars in Australia guide lists the most affordable options, and our average new car price guide shows where BMW sits against other brands.

Tips before you buy an i5

• Build it first. Use BMW's Build & Price to set your exact model, paint and options, then ask two or three dealers to quote on the same build.

• Ask for an itemised drive away price. Make sure stamp duty, registration, CTP and dealer delivery are listed separately so you can compare quotes properly.

• Confirm availability. The eDrive40 is BMW's lead i5 model. If you want the M60 or a wagon, ask the dealer about stock before you commit.

• Check the range figure for your spec. Larger wheels lower the WLTP figure, so check the range for the exact car you are buying.

• Plan home charging. Budget for a wallbox and installation if you do not already have one, and check your electricity plan for a cheaper EV or off peak rate.

• Understand novated leasing. The fringe benefits tax exemption for electric cars only applies to cars priced below the Luxury Car Tax threshold for fuel efficient vehicles. The i5 is priced above it, so it does not qualify for that exemption. A novated lease can still suit some buyers, so get advice for your situation.

The bottom line

The BMW i5 eDrive40 is the version most Australian buyers should look at first. At $155,900 before on-road costs, it gives you up to 550 km of WLTP range, 205 kW DC charging and the full 5 Series luxury experience without fuel bills. The M60 xDrive, at $215,900 before on-road costs, adds serious speed and all wheel drive, but costs much more and goes less far on a charge.

Because BMW does not show list prices on its i5 pages, your first step should be a configured quote with a full drive away breakdown. Once you have that, compare it with the rivals above and with the petrol and plug in 5 Series before you decide.