10 Affordable Luxury Alternatives To The 2024 BMW 5 Series

If 2024 has given you the urge to buy a new car, and you decide that a bit of luxury is in order, then models such as the 2024 BMW Series 5 may be what you are looking for. It is luxury, it is powerful, and it is very stylish. Unfortunately, though, the hefty 2024 BMW Series 5 price tag of $57,900 may be a bit of a stretch in the current climate, or maybe you are just looking for something different to a Beamer this time around. You’ll be looking for an alternative car that gently lets everyone know that it is luxury, has a powerful powertrain, features a great infotainment system, and oozes style.

This year’s mid-sized luxury sedan segment is full of alternatives to the 2024 BMW Series 5 that has all of that! We have brought you this list because all the cars on it are reasonably priced, are luxurious, have great engine options, feature all the modern tech you could ask for, and will soothe the itch for something new and fancy this year.

To give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Fuel Economy.gov, and Car & Driver for road test reviews. The entries for the 10 best luxury alternatives to the BMW 5 Series have been chosen for their style, luxury features, performance ability, and for their MSRP. The cars in this list have been ordered from the most expensive MSRP to the least expensive, in base specifications for all models.

1 2024 Mercedes-Benz E Class

Starting MSRP: $60,000 (Estimated)

The 2024 Mercedes-Benz E Class range is a perfect starting point when looking for alternatives to the 2024 Series 5. Featuring an elegant but aggressive look, low-to-the-road stance, and cutting lines along its body, it is a beautiful-looking car. It doesn’t just end with the looks though, inside the 2024 E Class range will boast a high-resolution 12.4-inch driver display, a 14-inch central touchscreen, a panorama sunroof, heated front seats, a 360-degree parking camera, and wireless charging for your phone.

Performance Specifications

(Data was collected from Mercedes-Benz USA)

So, pretty much everything that a luxury sedan should include to make you feel comfortable and feel like you are driving in something a lot more expensive than the asking price. It is not just the fun gadgets though, safety is still a priority and the E-Class is no exception. As standard, the range will feature blind-spot assist, active parking assist, and active brake assist. It is the most expensive on our list, but you do get a lot of luxury cars for the estimated MSRP.

Pros

• Beautifully crafted cabin.
• Very luxurious inside and out.
• Turbocharged engine as standard.

Cons

• Not for artificial intelligence lovers.
• Heavier compared to the previous generation.
• A low ride to the road could be uncomfortable.

2 2024 Volvo S90

MSRP: $58,300 – $65,650

Volvo has a solid reputation for being hardy and reliable cars that can also add a touch of class. The 2024 Volvo S90 is no exception, and they have even released a hybrid version, the S90 Recharge to keep up with the changing auto market.

Aside from its menacing and sleek exterior design, Volvo has designed the S90 to also ensure practicality and comfort. Featuring 40.4 inches of rear legroom, five large seats, and 13.5 cubic feet of cargo space with seats folded down, it is a very handy car to own. The S90 is both luxurious to be in and convenient to own with ample cargo space to lug around whatever you or your family needs.

Performance Specifications

(Data was collected from Volvo Cars USA)

The 2024 Volvo S90 also has a pretty decent combined fuel economy of 25 miles per gallon, so it is not only a reasonably priced luxury sedan to purchase and a fantastic alternative to the Series 5 when it comes to practicality and luxury, but it also benefits from a pretty economic ride. As standard, the S90 will feature luxury features such as a High-Performance sound system that boasts ten speakers and six channels, a mild-hybrid powertrain to help save fuel a little more, 360-degree parking camera, and an air-purifier for the cabin as standard, perfect for a city or town driving.

Pros

• Lots of rear-seat space.
• Fancy looking interior.
• Fantastic looking on the outside.

Cons

• Complex infotainment system.
• It lacks some things that are standard on other luxury sedans.
• Not the most refined compared to its appearance.

3 2024 Audi A6

MSRP: $57,300 – $70,900

Featuring a turbocharged mild-hybrid engine as standard, the 2024 Audi A6 Sedan is a luxurious beast with some awesome power under the hood. Boasting the legendary Quattro all-wheel-drive system and the very versatile AllRoad mode as standard, the 2024 A6 is cut out for more than just looking good around the city or suburbs. Featuring concealed exhausts, the A6 looks as modern as it is with an aggressive but beautiful look at the same time as oozing finesse.

Performance Specifications

(Data was collected from Audi)

With slightly better miles per gallon than the S90 (the Audi A6 offers a combined 26 miles per gallon), and for a lower starting price than the Series 5, the Audi A6 will also leave you content with the numerous standard safety features such as cruise control, tire-pressure monitoring system, full LED headlights, lane departure warning, and driver and front passenger air-bags that include knee air-bags. It is safe to say that this is a safe and luxurious car that also boasts a beautiful interior design with stitched leather seats, a powered panoramic sunroof, aluminum door seals, and heated front seats.

Pros

• High-spec build.
• It is going to be a fast car!
• You’ll benefit from the versatility of AllRoad mode.

Cons

• Adaptive cruise control does not come as standard.
• Lots and lots of touchscreens inside.
• You have to buy a subscription for the navigation system.

4 2024 Genesis G80

MSRP: $54,000 – $64,250

Though maybe not feature as prestigious of a badge as some of the other models on the list, the 2024 Genesis G80 is certainly a big contender for this year’s luxury sedan segment lineup. Also moving with the times as a company that is thinking of market trends, Genesis also released the Electrified Genesis G80.

Featuring an impressively large front grille, and proudly boasting the Genesis badge, the 2024 G80 is taking on the competition with style. A long and low stance is only complemented by the luxuriously crafted interior. Featuring leatherette seat coverings, Piano Black gloss trim, heated front and rear seats, and a 14.5-inch navigation system which also includes the radio’s controls.

Performance Specifications

(Data was collected from Genesis)

You will have to pay an extra $4,700 for the Advanced Package and a whopping $9,550 for the Sport Prestige Package though, which includes some features that do come as standard in others in the segment, such as a wireless phone charger, panoramic sunroof or ventilated front seats.

As standard though, you do get 18-inch alloy wheels, a heated steering wheel, Smart Cruise Control, and SiriusXM Radio with a subscription. It is also an opportunity to drive a mid-sized luxury sedan that is not the run-of-the-mill choice but still a very smart choice.

Pros

• You get a lot for your money.
• Sleek exterior design.
• Good-looking interior.

Cons

• The rear seat doesn’t fold down.
• The Tachometer is counterclockwise.
• Lack of prestige compared to rival luxury sedans.

5 2024 Cadillac CT5-V

MSRP: $51,495 – $93,495

Cadillac may not be the first automaker you think of when you think of mid-sized luxury sedans, but with the release of the 2024 Cadillac CT5-V, they have created a beautifully sleek sedan with the powerful heritage that is synonymous with the brand. They have created possibly the last rear-wheel drive sports car! With face-melting speeds, huge amounts of torque, a mean stance, and some of the latest tech, it is a great contender to any luxury sedan out there. With the CT5-V, you’ll benefit from both style and speed.

Performance Specifications

(Data was collected from Cadillac)

The extremely powerful V-6 under the hood is made even better by the use of Active Fuel Management which gives the CT5-V a combined miles per gallon rating of 21 miles per gallon. Though not the highest on the list, it is still respectable for a car that offers more than just a luxury look. The 2024 CT5-V also features Magnetic Ride Control which will make sure that in any scenario.

Thanks to its quick-reacting suspension technology that reads and reacts to the road up to 1,000 times every second, the ride will be smooth and controlled. With an abundance of luxury features like a performance steering wheel, suede microfibre accents, and a 15-speaker Bose sound system, the 2024 Cadillac CT5-V is a luxury sedan that acts as a great cross-over between the sports car and commuter car worlds.

Pros

• Spacious interior.
• High horsepower before any extras are added.
• Good cargo space of 11.9 feet cubed.

Cons

• Slightly obstructed front view due to the high dashboard and smaller front window.
• Interior isn’t as refined as others.
• Heated seats are an optional extra.

6 2024 Jaguar XF

MSRP: $49,800 – $53,500

The 2024 Jaguar XF. A truly exclusive luxury sedan. The latest release from the XF family, which has been around since 2008, is marking another luxury year with this year’s model. Some may say it is outdated and the ‘old boy’ of the group, and, indeed, you won’t get all the fancy tech that you may get as standard compared to other cars on the list, but it is still a glossy and beautifully built beast.

Featuring the characteristically luxurious demeanor that you’d expect from a Jaguar sedan, it boasts metal Jaguar imprinted metal tread plates, satin-chrome gearshift paddles, hill launch assist, the Pivi Pro infotainment system, and an 11.4-inch touchscreen as standard.

Performance Specifications

(Data was collected from Jaguar USA)

Though not as powerful and modern-feeling as the others on the list, you will benefit from the ultra-prestigious Jaguar feeling, a large cargo capacity of 11 cubic feet with all the seats in place, relatively high miles per gallon (26 combined miles per gallon), and spacious front legroom of 41.5 inches. It seems that the old boy still has some tricks up his sleeve when it comes to showing its competitors a thing or two about luxury and comfort for a reasonable price in a world dominated by rising prices.

Pros

• The Jaguar badge is prestigious.
• Sleek and aggressive exterior design.
• A twelve-speaker Meridian sound system comes as standard.

Cons

• Could be seen as a little dated compared to others in the segment.
• Could benefit from a super-charged engine.
• Tech featured shows its age.

7 2024 Audi A5

MSRP: $45,500 – $55,000

Another mid-size luxury sedan that is a great mix between sporty and cushy. The 2024 Audi A5 Sportback is an awesome melding of aggressive sporty characteristics and the comfortable and convenient things that you are looking for in a sedan. The next generation is as good or even better than previous models of the luxury sports sedan produced by Audi.

Boasting 18-inch 5-V-Spoke-Y design wheels, Matrix-Design LED headlights, MMI Touchscreen with a 10.1-inch center-screen display, and adaptive cruise control with traffic assist, it is everything you are looking for in a stylish yet un-garish luxury car with lots of mod-cons.

Performance Specifications

(Data was collected from Audi USA)

Gear changes will be smooth thanks to the S-Tronic transmission, the ride will be smooth thanks to the well-composed suspension (adaptive suspension is available as an extra which would smooth things out), and you’ll be comfortable in the cushy leather power-controlled seats.

Under the panoramic sunroof, which comes as a standard, you can also let your hair down and see what the powertrain can do, with big kudos going to the standard turbocharger. Even the standard 40 TSFI engine is capable of a good 0–60 miles per hour time, the 45 TSFI, is even better with a reported 0–60 miles per hour in just 5.4 seconds! That comes as an extra, but, for a luxury sedan, it does shift.

Pros

• It boasts a powerful engine.
• Good luggage capacity.
• Mean and luxurious exterior.

Cons

• Optional extras will add up.
• Limited interior storage capacity.
• Narrow rear seats make the car a little cramped.

8 2024 Acura TLX

MSRP: $45,000 – $57,000

The 2024 Acura TLX is a luxury mid-sized sedan with lots to offer for its relatively low MSRP. Boasting a large cargo capacity of 13.5 cubic feet and very ample front leg space of 42.5 inches, it is a comfortable sedan to do your commute or vacation in. With a sportier look on the outside than most others on the list (maybe apart from the CT5-V), it will certainly make a statement when you leisurely roll up in one. Featuring a low-slung hood, long body, and road-hugging stance, the TLX is certainly sporty looking.

Performance Specifications

(Data was collected from Acura)

With a reasonable amount of horsepower being pumped out of the 2.0 liter inline four under the hood, it is ample for commuting and getting around, but you probably wouldn’t want to race the Genesis G80 in it, despite its sporty exterior. Inside, the luxury begins with the comfortable seats, leather interior, and sport-looking controls that are both futuristic looking but classy.

Featuring as standard is ambient lighting that can be set to suit your mood and AcuraWatch, which keeps you at a safe distance from other cars on the road, detects pedestrians on the road, and traffic sign detection. The 2024 Acura TLX is certainly a car that offers a sporty feel, a very safe ride, and luxury for less.

Pros

• A very sleek design inside and out.
• You get a lot for your money.
• Sportier features than competitors.

Cons

• The touchscreen is not as simple as competitors.
• Sportier features but not as powerful as some others in the segment.
• Not as fuel economic as others in the segment.

9 2024 Alfa Romeo Giulia

MSRP: $43,300 – $82,030

A beautifully crafted and sporty-looking 2024 Alfa Romeo Giulia is now available as one of the best-looking luxury sedans on the market. Featuring cutting-edge lines, low and large front air-intakes, the classic Alfa Romeo Trefoil grille, and angry-looking headlamps, the Giulia is as mean-looking as it is luxury. Boasting a length of 182.5 inches compared to the Series 5’s 199-inch length, it is shorter and more conveniently sized.

Performance Specifications

(Data was collected from Alfa Romeo U.S.A.)

Inside you’ll find that the 2024 Giulia still boasts a lot of luxuries for the lower starting price. It features a clear 12.3-inch driver information display cluster, an 8.8-inch multi-touch central display, heated ten-way power front seats, and Harmon Kardon speakers as standard. The ride will also be comfortable thanks to the leather bucket seats and four-wheel independent suspension featured. So, not only does the 2024 Alfa Romeo Giulia look the part, but it is also a great place to be on your morning commute.

Pros

• Beautiful Italian design.
• Tipped to have fantastic and nimble handling.
• Good infotainment system.

Cons

• Hard ride for everyday use.
• Not as luxurious inside as other luxury sedans.
• Small rear-seat space.

10 2024 Lexus ES

MSRP: $43,190 – $53,480

Another name synonymous with luxury and reliability at a reasonable price is Lexus. Though maybe not as prestigious, still brilliant. The same can be said of the 2024 Lexus ES. Though it is the least powerful car on our list of 2024 BMW Series 5 alternatives and a whole 52 horsepower less powerful than the Series 5, it does have oodles of luxury and is the cheapest. Featuring a sporty but classy stance on the road, Lexus has designed the 2024 ES with both in mind and has certainly delivered.

Performance Specifications

(Data was collected from Lexus)

Boasting ten-way power-adjustable front seats, power mono-roof, machine-finished V-Spoke 17-inch wheels, Bluetooth and smartphone connectivity, an eight-inch touchscreen, wireless Apple and Android compatibility, a camera with grid guidance and paddle shifters, a lot is included in the price.

The interior is also extremely well-designed with luscious leather seats and accents, and sharp, tidy lines along the dash and central console. If you can live without the power that is offered by other Series 5 alternatives, then the 2024 Lexus ES is a very well-priced mid-sized luxury sedan.

Pros

• Extremely good value for what you get.
• Sleek exterior design.
• The hybrid engine gives you good fuel efficiency.

Cons

• The rear seats don’t fold down.
• The base engine could do with some extra juice.
• The ES350 doesn’t have the option for all-wheel drive.