Only the front pads and sensor the rear pads should see through 2 sets of front pads easily.
Inspect how far down the rears are too, you don't need to take off the wheels to do this, just check visually. They should have a fair bit left and the fronts will be low of course, the pas side sensor loom will be activated![]()
Yep, thats brake pads. From memory you need BMW to reset the error, I replaced the pads on my old z4 myself and paid a tenner for BMW to replace the sensor/reset the error.