When it comes to luxury sedans, the BMW 5 Series has always set the bar high. For 2024, BMW adds an intriguing choice to its iconic lineup—do you stick with the gasoline-powered 5 Series or opt for the plug-in hybrid (PHEV) version? Both have their strengths, but they cater to different kinds of drivers. Whether you prioritize performance, fuel efficiency, advanced tech, or overall value, this comparison will help you decide which 5 Series is your perfect fit.

What’s Under the Hood?

Performance is a major reason people are drawn to BMW, and the 2024 5 Series doesn’t disappoint in either configuration. But there are some notable differences that might sway your decision.

BMW 530i (Gasoline)

  • Engine: 2.0L turbocharged inline-4
  • Horsepower: 255 hp
  • Torque: 295 lb-ft
  • 0-60 MPH: Around 5.9 seconds
  • Fuel Economy: Estimated 28 MPG combined

The gasoline version of the 5 Series, the 530i, is powered by BMW’s widely praised turbocharged inline-4. It delivers solid performance, with plenty of punch for merging onto highways and a dynamic feel around corners. The engine is smooth, refined, and more fuel-efficient than you’d expect from a luxury sedan.

BMW 530e (Plug-In Hybrid)

  • Engine + Electric Motor: 2.0L turbocharged inline 4 + electric motor
  • Total System Output: 288 hp
  • Torque: 310 lb-ft
  • Electric-Only Range: 21 miles (EPA estimate)
  • Fuel Economy (Hybrid Mode): Estimated 64 MPGe

The PHEV version, the 530e, pairs the same turbocharged inline-4 with an electric motor for a boost in both power and efficiency. The added torque makes it quicker off the line, while the electric-only range of 21 miles lets you handle short commutes or errands without burning any gas.

Winner: If you love quick starts and like driving short distances on battery power, the 530e is the clear choice. However, if simplicity and a slightly lighter feel on the road are priorities, the 530i is a tough act to beat.

Fuel Efficiency & Driving Costs

Fuel efficiency is where the plug-in hybrid shines—but the gasoline version holds its own too. Here’s how they compare when it comes to long-term driving costs.

BMW 530i

  • Combined fuel economy of 28 MPG means fewer stops at the pump compared to many rivals.
  • Better suited for long road trips or buyers in places with limited EV charging infrastructure.

BMW 530e

  • With up to 21 miles of electric-only range, the 530e covers most daily commutes or city driving without using gas.
  • Achieves an impressive 64 MPGe (miles per gallon equivalent) when using its hybrid system.
  • Requires regular charging to maximize savings on fuel costs—ideally at home or nearby charging stations.

Winner: The 530e leads in efficiency, but it’s only worth the premium cost of ownership if you plan to stay within its electric range frequently. On longer drives, the 530i offers consistent and worry-free mileage.

Design and Interior Comfort

On the surface, the two cars look almost identical. Both models share the sleek, modern design language BMW is known for, but there are some differences under the hood and in the interior.

Interior Features (Shared)

  • Display System: 12.3-inch digital gauge cluster + 14.9-inch touchscreen with BMW’s latest iDrive 8.5 operating system
  • Materials: Premium leather, wood trim, and aluminum accents throughout the cabin
  • Seating: Heated front seats standard, ventilated and massaging options available

No matter which version you choose, the 5 Series delivers excellent build quality and materials. The cabin has a driver-focused design, with everything placed intuitively. Rear passengers will appreciate the generous legroom and comfortable seating, making it easy to justify long road trips.

BMW 530i (Gasoline) Interior Features

  • Cargo Space: 18.4 cubic feet (no battery in the rear to limit storage)
  • Feels slightly lighter thanks to the lack of an electric battery, which some drivers prefer for handling.

BMW 530e (Plug-In Hybrid) Interior Features

  • Cargo Space: 16 cubic feet (small reduction to accommodate battery pack)
  • Comes standard with EV-specific graphics and features in the digital instrument cluster, adding some unique tech flair.

Winner: Both models are luxurious, but the 530i provides marginally more practicality with its larger trunk. If you’re big on EV-specific tech, the 530e’s hybrid-focused interface might edge ahead.

Technology Highlights

BMW doesn’t hold back when it comes to tech. Both versions of the 5 Series include a ton of advanced features to make your drive safe, connected, and enjoyable.

Shared Tech Features

  • iDrive 8.5 system with voice commands and massive touchscreen
  • Apple CarPlay and Android Auto support
  • Driving Assistance Professional package (optional), which includes adaptive cruise control with stop-and-go, lane-keeping assist, and more.

Exclusive to the BMW 530e

  • Additional hybrid-specific information on the instrument cluster, showing electric range and power usage.
  • Preconditioning options to prepare the battery while the car is plugged in for peak efficiency.

Winner: The tech on both models is virtually identical, so it’s a tie. However, the 530e has a slight edge thanks to added hybrid-specific features that EV enthusiasts will appreciate.

Pricing

Price is a deal-breaker for many buyers, and the two models differ slightly in cost.

BMW 530i

  • Starting Price: Approximately $58,000
  • Lower up-front cost and fewer considerations regarding charging infrastructure.

BMW 530e

  • Starting Price: Approximately $62,500
  • Eligible for potential tax credits and offers savings in fuel/charging costs over time.

For buyers considering the PHEV, it’s worth factoring in additional installation costs for home charging equipment if you don’t already own one.

Winner: While the 530e may cost more upfront, buyers who qualify for tax incentives and drive mostly short commutes could save money in the long run. For lower upfront costs and more traditional driving habits, the 530i is the logical choice.

Which Model Is Right for You?

While both versions of the 2024 BMW 5 Series deliver premium luxury, technology, and performance, your lifestyle and driving habits will likely determine the better fit.

Choose the BMW 530i If...

  • You take frequent long-distance trips where EV charging isn’t practical.
  • You want the most cargo space possible.
  • You prefer a straightforward driving experience without worrying about battery management.

Choose the BMW 530e If...

  • You drive mostly shorter routes where electric-only range shines.
  • You have access to convenient charging at home or at work.
  • You want better overall fuel efficiency and are looking to reduce emissions.

The 2024 BMW 5 Series delivers excellence no matter which version you choose. The 530e is perfect for drivers who want to integrate more electric driving into their routine without committing to a full EV, while the 530i remains the go-to option for those who prioritize simplicity and traditional performance.

At the end of the day, both cars capture the essence of BMW’s “Ultimate Driving Machine” motto. Deciding between them is less about which car is better and more about finding the one that fits your lifestyle. Whether you’re charging up or filling up, you’ll be in for a world-class driving experience.