The X5 is the perfect family SUV - the G05 offers 650 litres of boot space, comfortable rear seats, and the B57 diesel delivers 40+ mpg. The G05 is the family X5 to buy; the E53/E70/F15 are budget alternatives.
The X5 is a great commuter - the G05 xDrive30d with B57 returns 40+ mpg, the CLAR platform is comfortable, and the SUV driving position is popular. The G05 is even more refined.
A cheap E70 N62/N63 is not a cheap X5 - it's an expensive one with the first year's bills prepaid by nobody. A £15,000 G05 with B58 is the bargain; a £5,000 E70 4.8i without valve stem seal history is the trap. The E53/E70 six-cylinder or diesel are the safer budget options.
The G05 M60i with the S68 is a genuine performance SUV - 625 hp, xDrive, and 0-60 in 3.7 seconds. The X5 M is the full M experience - 617 hp and track-ready. Both are the ultimate X5s.
The E53 3.0d with the M57 is a classic keeper - one of BMW's most durable diesels. The G05 xDrive40i with the B58 is the modern keeper - the B58 will outlast the car around it. Both are worth proper investment.