Upgraded BMW M5 Competition also pricier

Bavaria’s answer to Mercedes-AMG E 63 S gets new look, more gear and a $10K price hike

Australian pricing and specs have been announced for the upgraded 2021 BMW M5 Competition ahead of first local deliveries from October.

Like the wider MY21 BMW 5 Series range, Australian details for which were announced last week, the BMW M5’s midlife makeover brings a raft of upgrades including revised exterior styling, fresh interior technology, extensive chassis improvements and substantial price increases.

BMW Australia has now confirmed a $10,000 price hike for its iconic large sports sedan, the MY21 version of which will cost $244,900 before on-road costs. Once again, only the top-shelf Competition version of the M5 will be offered to Aussies.

As we’ve reported, the latest BMW M5 Competition will get a new look via slimmer headlights with L-shaped light tubes, a more aggressive-looking front bumper and larger side air intakes.

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