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The M5 has run across several BMW 5 Series generations: E39 (1998–2003), E60 (2005–2010), F10 (2011–2017), and G30 (2018–present). The indicator stalk is generation-specific, so you'll need a part from the correct generation to have any realistic chance of fitment. Confirm the exact match with the breaker against your registration before buying.
Both years fall within the F10 M5 generation (2011–2017), so an indicator stalk from a 2014 car is likely compatible with a 2016 car. That said, confirm with the breaker against your registration to be sure, as minor running changes can affect stalk part numbers.
The indicator stalk is not affected by trim or engine variant, so a stalk from an F10 5 Series (2010–2017) should physically interchange with the F10 M5 provided the generation matches. This means you may have a wider pool of donor cars to source from, which can keep costs down. Confirm with the breaker against your registration before purchasing.
The E60 M5 (2005–2010) and the F10 M5 (2011–2017) are different generations with different steering column assemblies, so stalks are not expected to be interchangeable across this boundary. Confirm with the breaker against your registration, as they can check part numbers directly.
The Competition trim is a performance and chassis upgrade package and does not alter the steering column stalk assembly, so fitment is determined by generation rather than whether the car is a standard M5 or M5 Competition. You should not need to seek out a Competition-specific stalk. Confirm with the breaker against your registration to be certain.
The F10 generation ran from 2011 to 2017, and the indicator stalk is generally consistent across this span, making a 2016 stalk a plausible match for a 2011 car. However, there were minor updates within the F10 lifespan, so confirm with the breaker against your registration to verify the part numbers align before you commit to buying.