If you are searching for the BMW M3 price in Nigeria, this comprehensive guide gives you the latest and most accurate pricing information — from older Tokunbo imports to brand new M3 models.
The BMW M3 is one of the most iconic performance sedans in the world. It combines luxury, sports-car performance, and everyday usability — making it highly desirable among Nigerian car enthusiasts, business professionals, and performance lovers.
Whether you’re buying your first M3 or comparing prices before making a purchase, this guide will help you make an informed decision.
The BMW M3 price in Nigeria ranges from around ₦18 million for early Tokunbo models up to over ₦120 million+ for recent brand new or near-new imports, depending on the year, condition, mileage, and variant.
| Model Year | Condition | Price Range (₦) |
|---|---|---|
| 2007 – 2010 | Tokunbo | ₦18m – ₦25m |
| 2007 – 2010 | Nigerian Used | ₦15m – ₦22m |
| 2011 – 2013 | Tokunbo | ₦25m – ₦32m |
| 2011 – 2013 | Nigerian Used | ₦22m – ₦28m |
| 2014 – 2016 | Tokunbo | ₦32m – ₦45m |
| 2014 – 2016 | Nigerian Used | ₦28m – ₦40m |
| 2017 – 2019 | Tokunbo | ₦45m – ₦65m |
| 2017 – 2019 | Nigerian Used | ₦40m – ₦60m |
| 2020 – 2022 | Tokunbo / Near-New | ₦65m – ₦90m |
| 2023 – 2025 | Brand New / Near-New | ₦90m – ₦120m+ |
⚠️ BMW M3 prices in Nigeria vary depending on exchange rates, condition, trim level, mileage, and city.
The BMW M3 is more than just a car — it’s a statement. It is loved in Nigeria for:
Here’s a detailed look at how price changes by model year and condition:
| Condition | Price Range |
|---|---|
| Tokunbo | ₦18m – ₦25m |
| Nigerian Used | ₦15m – ₦22m |
These are some of the most affordable M3 units in Nigeria.
| Condition | Price Range |
|---|---|
| Tokunbo | ₦25m – ₦32m |
| Nigerian Used | ₦22m – ₦28m |
Better power and refinement than earlier models.
| Condition | Price Range |
|---|---|
| Tokunbo | ₦32m – ₦45m |
| Nigerian Used | ₦28m – ₦40m |
Popular balance between performance and luxury.
| Condition | Price Range |
|---|---|
| Tokunbo | ₦45m – ₦65m |
| Nigerian Used | ₦40m – ₦60m |
Newer engines, better tech, stronger resale.
| Condition | Price Range |
|---|---|
| Tokunbo / Near-New | ₦65m – ₦90m |
Modern styling, advanced safety and infotainment.
| Condition | Price Range |
|---|---|
| Brand New / Near-New | ₦90m – ₦120m+ |
The latest in performance and luxury. Rare and highly desirable.
Lagos is Nigeria’s largest luxury and performance car market, and it offers the most competitive BMW M3 prices nationwide due to high dealer competition and direct import access.
Most Tokunbo BMW M3 vehicles enter Nigeria through Lagos, making it the best city for price negotiation.
| Model Year | Condition | Price Range (₦) |
|---|---|---|
| 2007 – 2010 | Tokunbo | ₦18m – ₦23m |
| 2007 – 2010 | Nigerian Used | ₦15m – ₦20m |
| 2011 – 2013 | Tokunbo | ₦25m – ₦30m |
| 2011 – 2013 | Nigerian Used | ₦22m – ₦27m |
| 2014 – 2016 | Tokunbo | ₦32m – ₦42m |
| 2014 – 2016 | Nigerian Used | ₦28m – ₦38m |
| 2017 – 2019 | Tokunbo | ₦45m – ₦60m |
| 2017 – 2019 | Nigerian Used | ₦40m – ₦55m |
| 2020 – 2023 | Near-New / Brand New | ₦70m – ₦110m+ |
Lekki • Ajah • Ikeja • Victoria Island • Berger
The BMW M3 price in Abuja is generally higher than Lagos, but Abuja cars are often cleaner, executive-owned, and better maintained, which attracts premium buyers.
| Model Year | Condition | Price Range (₦) |
|---|---|---|
| 2007 – 2010 | Tokunbo | ₦19m – ₦25m |
| 2007 – 2010 | Nigerian Used | ₦16m – ₦22m |
| 2011 – 2013 | Tokunbo | ₦26m – ₦32m |
| 2011 – 2013 | Nigerian Used | ₦23m – ₦28m |
| 2014 – 2016 | Tokunbo | ₦34m – ₦45m |
| 2014 – 2016 | Nigerian Used | ₦30m – ₦40m |
| 2017 – 2019 | Tokunbo | ₦48m – ₦65m |
| 2017 – 2019 | Nigerian Used | ₦43m – ₦58m |
| 2020 – 2023 | Near-New / Brand New | ₦75m – ₦120m+ |
Maitama • Wuse • Jabi • Gwarimpa • Utako
The BMW M3 price in Port Harcourt is typically the highest among Nigeria’s major cities due to fewer listings and transport costs from Lagos.
However, performance sedans like the M3 remain in high demand among oil & gas professionals and executives.
| Model Year | Condition | Price Range (₦) |
|---|---|---|
| 2007 – 2010 | Tokunbo | ₦20m – ₦26m |
| 2007 – 2010 | Nigerian Used | ₦17m – ₦23m |
| 2011 – 2013 | Tokunbo | ₦27m – ₦34m |
| 2011 – 2013 | Nigerian Used | ₦24m – ₦30m |
| 2014 – 2016 | Tokunbo | ₦36m – ₦48m |
| 2014 – 2016 | Nigerian Used | ₦32m – ₦42m |
| 2017 – 2019 | Tokunbo | ₦50m – ₦68m |
| 2017 – 2019 | Nigerian Used | ₦45m – ₦60m |
| 2020 – 2023 | Near-New / Brand New | ₦80m – ₦125m+ |
GRA Phase 1 & 2 • Woji • Rumuola • Peter Odili Road • Trans-Amadi
From BMW M3 pillar page:
From city pages:
This builds a Performance Car Authority Cluster on luxurycars.ng.
One of the reasons Nigerians love the M3 is its performance pedigree.
| Generation | Engine | Power |
|---|---|---|
| E90 | 4.0L V8 | 414 hp |
| F80 | 3.0L Twin-Turbo I6 | 425–444 hp |
| G80 | 3.0L Twin-Turbo I6 (Recent) | 473–503 hp |
| Driving Style | Avg Consumption |
|---|---|
| City | 6–8 km/l |
| Highway | 9–12 km/l |
BMW M3 is a performance car, so fuel cost is higher than average SUVs and sedans — expect monthly fuel expenses between ₦200k – ₦380k depending on usage.
Owning an M3 in Nigeria means higher maintenance expectations compared to ordinary cars.
| Service | Avg Cost (₦) |
|---|---|
| Routine servicing | ₦70,000 – ₦150,000 |
| Brake pads | ₦120,000 – ₦300,000 |
| Suspension servicing | ₦150,000 – ₦400,000 |
| Battery | ₦80,000 – ₦200,000 |
| Tires (set) | ₦500,000 – ₦1.5m |
BMW M3 parts are available in:
Performance cars like the M3 have their quirks, especially in used markets:
A pre-purchase inspection is strongly recommended.
Short answer: Yes, with caveats.
👉 Best suited for Lagos, Abuja, Port Harcourt and major city highways.
Here’s how the M3 compares to key rivals:
| Feature | BMW M3 | Mercedes C63 AMG | Audi RS5 |
|---|---|---|---|
| Performance | 🔥 High | 🔥 High | 🔥 High |
| Maintenance | ⚠ Higher | ⚠ Higher | ⚠ Higher |
| Luxury | ⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Prestige | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
M3 is slightly more sport-focused than Mercedes C63, and generally more usable than Audi RS5 on Nigerian roads.
| Buying Goal | Recommended Years |
|---|---|
| Budget | 2007 – 2010 |
| Value & Tech | 2011 – 2016 |
| Modern Features | 2017 – 2021 |
| Latest Performance | 2022 – 2025 |
Whether Tokunbo or Nigerian used, here’s how to buy safely:
👉 Verified dealers on luxurycars.ng
👉 Showroom visits in Lagos & Abuja
👉 Trusted private sellers
Tokunbo BMW M3 prices typically range from ₦18m – ₦90m depending on year and condition.
Brand new or near-new models can cost ₦90m – ₦120m+.
Yes — performance specs mean higher maintenance costs than average sedans.
For value and features, 2014–2018 models are often the sweet spot.
Yes — expect 6–12 km/l depending on traffic and driving style.
The BMW M3 remains one of the most rewarding performance sedans to own in Nigeria — blending power, prestige, and luxury. Whether you’re buying a Tokunbo classic or a near-new model, this guide has given you price ranges, ownership insight, and practical buying advice.
For the latest and safest deals, browse verified BMW M3 listings on luxurycars.ng and connect with reliable sellers today.
LuxuryCars.ng is Nigeria’s premier classified marketplace dedicated exclusively to luxury, premium, and exotic automobiles. Built for premium buyers and elite sellers, our platform is not about volume—it’s about quality, credibility, and class.
