Last updated: October 2026 · Estimated market prices
Quick answer: The BMW XM costs about ₦220 million to ₦300 million Tokunbo (2023–2025) and roughly ₦300 million to ₦380 million brand new landed in Nigeria. The more powerful XM Label sits at the top. There is no production BMW X8: the XM is BMW’s flagship SUV above the X7.
| Version | Condition | Estimated price |
|---|---|---|
| 2023–2024 XM | Tokunbo | ₦220m – ₦260m |
| 2024–2025 XM Label | Tokunbo | ₦250m – ₦300m |
| 2026 XM / XM Label | Brand new (landed) | ₦300m – ₦380m |
The XM is the first standalone BMW M car since the M1 supercar. It is a large, boldly styled performance SUV with a plug-in hybrid V8.
BMW trademarked the name and there were reports of an X8 based on the X7, but BMW did not put an X8 into production. The XM fills that flagship role. If someone in Nigeria is selling an “X8”, it is likely an XM, an X7 or a modified X6, so check the VIN.
The XM competes with the Lamborghini Urus, Mercedes-AMG G63 (see G-Wagon price), Porsche Cayenne Turbo E-Hybrid (see Cayenne price) and the Audi RS Q8. For a more practical big BMW, see the BMW X7.
About ₦220m–₦300m Tokunbo and ₦300m+ brand new.
No production X8 exists. The XM is BMW’s top SUV.
Yes. It is a plug-in hybrid with a twin-turbo V8.
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.
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