How can I change the oil in my BMW Z4?

I have recently purchased a BMW Z4 and I want to know how to change the oil on my own. Can someone guide me through the process step by step?

First, park your BMW Z4 on a flat surface and let the engine cool down. Locate the oil filter and the drain plug underneath the car. Use a socket wrench to loosen the drain plug and place a drain pan underneath to catch the oil. Once the oil has drained completely, remove the old oil filter and replace it with a new one. Next, insert a funnel into the oil filler hole and pour in the recommended amount of new oil. Double check the oil level with the dipstick and you're done!