
Last updated: October 2026 · Estimated market prices
Quick answer: A BMW M2 costs about ₦40 million to ₦65 million for a first-generation Tokunbo (2016–2021) and roughly ₦90 million to ₦130 million for the new-generation M2 (2023+).
| Model / Years | Condition | Estimated price |
|---|---|---|
| M2 (F87, 2016–2018) | Tokunbo | ₦40m – ₦50m |
| M2 Competition / CS (F87, 2019–2021) | Tokunbo | ₦50m – ₦65m |
| M2 (G87, 2023–2025) | Tokunbo | ₦90m – ₦115m |
| M2 (G87, 2026) | Brand new (landed) | ₦115m – ₦130m |
The M2 is the smallest, most affordable BMW M car: a compact two-door coupe with rear-wheel drive and a powerful six-cylinder engine. Enthusiasts love it because it feels like a classic BMW sports car.
The BMW M4 is bigger and more powerful; the M2 is smaller, lighter and cheaper. The M3 adds four doors. Other rivals include the Porsche Cayman, the Audi RS3 (see Audi A3, S3 and RS3 prices) and the manual-only Honda Civic Type R, a cheaper hot hatch with similar driver appeal.
About ₦40m–₦65m for the first generation and ₦90m–₦130m for the new model.
Yes. It is a compact rear-wheel-drive performance coupe.
Yes, by a significant amount, and it is lighter and more agile.
About these prices: ranges are estimates based on Nigerian dealer and importer asking prices in October 2026. Prices change with the exchange rate, import duty, mileage and condition, so confirm with the seller before you pay. More models in BMW prices in Nigeria and our car prices in Nigeria hub.
Pmike is the blog editor at LuxuryCars.ng, writing clear guides on car prices, insurance, and ownership to help Nigerians buy cars with confidence.