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I recently discovered that FM5 had reached End of Life status. While searching for alternate ways to obtain the DLC cars, I found that the Car Pass grants holders all of the DLC cars for no cost in-game. If I were to buy it from a retailer (GameStop, Amazon, etc.), would the digital download code still be operational, or were those discontinued along with the removal of all DLC from the Microsoft store?

It should work. If not, you'll be the person infroming all of us about the discontinuation of the redeemable code.

As far as I remember, the only codes unavailable today are the three promotional Top Gear codes for FM3. It's a dashboard theme and an avatar item and a car pack featuring the logos I guess. Other codes works for almost any game. So you should be safe.

Just bought both the VIP and Car Pass today from Gamestop and both seem to have worked. Both packs downloaded onto my Xbox One and unlocks are showing in game

Tuesday, November 27 2018 4:43 PM UTC
Forza Motorsport 5 VIP $19.99 US
Forza Motorsport 5 Car Pass CTC $19.99 US
Purchased these online codes from GameStop 2 days prior
Installed via MS store with Xbox 1 X
Both codes worked.

VIP
Bonus works, confirmed by leveling up after a race.
15 cars received, 10 gifted Turn 10 selects and 5 show free in the shop.
(It took a few minutes and I had to restart FM5 for all 10 gifts to appear.)

CAR PASS CTC (As it appears in GameStop computer)
This one apparently opens up for free in FM5 shop, ALL DLC CARS except 3 Hondas, 14 Civic Si, 94 Prelude Si, and 84 Civic CRX Mugen.
Edit
Also, I just noticed that it gifted 4 cars.
1999 #3 Toyota Motorsports GT-ONE TSO20
1968 ALFA Romeo 33 Stradale
1961 Maserati Tipo 61 Birdcage
2013 Ferrari LaFerrari
So, apparently, you get 2 of each because they show in the shop free as well. I downloaded the Toyota and then went to the shop and bought it free. Now there are 2 in the garage. I assume it works the same for the other 3.
End Edit

There were 2 other car passes for sale at GameStop. One for $50.99 US and one for $52.99 US. I’m not sure what the difference is, but the aforementioned Car Pass CTC ($19.99 option) did allow me to get the Holden #10 Xbox Racing Team Commodore VF and the 64 Chevy Impala SS 409 which I believe are both needed for achievements.

Just an update that this still works as of the date and time above.
Thx for original post, happy to follow up. I would suggest buying these codes ASAP, if you are interested.

Edited by user Tuesday, November 27, 2018 9:46:00 AM(UTC)  | Reason: Not specified

Feb 10th, 2019

I just bought a digital code for the Forza Motorsport 5 Car Pass for $20 from Gamestop.com and was able to successfully redeem it. Still working as of today. I chose not to buy the VIP Pass for $20 since it only unlocks 5 cars, and I think the 2x player acceleration boost is just for credits. Since I have about 2-3 years worth of Forza Reward gift payouts queued up about (60 million credits), I think I'm good on money.