To OP, I have a 2019 M5 with the steel brakes and I installed the aftermarket pads and I have no brake noise and I am very happy. That said, if I were to purchase a new M5 and money was no issue I would get the carbon-ceramic brakes.
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2022 F90 M5 Competition & 2019 M2 Competition
2019 F90 M5 Competition
2017 F80 M3 Competition
2014 F10 M5 Competition
2003 E39 M5
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