06-23-2008, 06:21 PM
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#1
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Registered User
Join Date: Jun 2005
Location: Houston, Tx
Posts: 191
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No way I would own any Porsche without a warranty. Too many horror stories lately.
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06-23-2008, 10:26 PM
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#2
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There Is No Substitute.
Join Date: May 2007
Location: West Coast
Posts: 3,253
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I would not worry about the horror stories.
Think about it. How likely is someone without a problem to search the internet and join a Boxster forum vs. a person who has a problem and is searching the net for answers? You get a lot more people posting problems. Of the 200,000 Boxster owners, how many have posted on the net about engine failures?
The numbers on the internet are disproportionate and slightly biassed. That is just something to consider, when your considering the horror stores.
__________________
1999 Ocean Blue Metallic Boxster - blueboxster.com
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06-24-2008, 05:49 AM
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#3
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Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
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Quote:
Originally Posted by rick3000
I would not worry about the horror stories.
Think about it. How likely is someone without a problem to search the internet and join a Boxster forum vs. a person who has a problem and is searching the net for answers? You get a lot more people posting problems. Of the 200,000 Boxster owners, how many have posted on the net about engine failures?
The numbers on the internet are disproportionate and slightly biassed. That is just something to consider, when your considering the horror stores.
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Actually, there are TONS of IMS failures on reputable Porsche websites.
No one is claiming that this is a statisticaly valid sample.
However, to ignore the chance of a 12K meldown is not necessarily smart either.
I sat next to a Corvette head on the plane yesterday. We tried to remember examples of total engine failure in the C5 and C6 models.
Could not cite even one.
Does it prove anything? Nope.
However, I have owned plently of vettes and never was concerned about the drive train in any way.
Can't say the same for Porsche experience.
Bottom line, Porsche has some design work to do, IMHO.
Still, I love the Box, only with a warranty please./
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Rich Belloff
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06-24-2015, 10:08 AM
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#4
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Registered User
Join Date: Sep 2012
Location: S. New Jersey
Posts: 1,239
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I have not at 78k miles
Search will give you so much information you will get some ideas
From what I understand 2005, while being a 987 model, may still have the M96 motor that the IMS can be replaced without removing and Splitting. Or it could be the M97 motor that has the revised larger IMSB. This bearing appears to be a more robust bearing for street/daily driving
good luck
__________________
2002 S - old school third pedal
Seal Grey
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01-25-2011, 03:53 PM
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#5
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Registered User
Join Date: Oct 2010
Location: Florida
Posts: 11
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Quote:
Originally Posted by Norminhouston
No way I would own any Porsche without a warranty. Too many horror stories lately.
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I agree. My wife's 02 at 21,000 miles RMS began leaking but no issue with that since. But, the alternator and water pump both go out within 2 weeks at 45,000 miles of one another not to mention the brake light switch and top parking brake sensor.
Got to love em. This week we pick up an 07 we just purchased but has a warranty until Dec 2013.
Last edited by 73Lifeliner; 01-25-2011 at 03:55 PM.
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01-27-2011, 09:06 AM
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#6
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Quote:
Originally Posted by 73Lifeliner
I agree. My wife's 02 at 21,000 miles RMS began leaking but no issue with that since. But, the alternator and water pump both go out within 2 weeks at 45,000 miles of one another not to mention the brake light switch and top parking brake sensor.
Got to love em. This week we pick up an 07 we just purchased but has a warranty until Dec 2013.
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Anyone who buys a used Porsche with a warranty is paying for the repairs, the price of the repairs just happens to be built into the price of the car. That is why a car with warranty is usually anywhere from $2,000-$4,000 more than similar vehicles without a warranty.
My experiece from owning two BMW's that I bought CPO with warranties is that the warranty is about break even - meaning that the $2,500 premium that I paid to get a car with a warranty is about what I would have spent on repairs over the life of the warranty.
No surprise there, the dealers know what is likely to faill and the costs to repair the cars and set the CPO price according and the private market follows the same pricing model.
Since I really didn't save much with the warranty, I had no problem buying a nice '99 Boxster without any warranty. I'll pay for whatever needs to be fixed and come out about the same.
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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02-21-2011, 06:49 AM
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#7
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Registered User
Join Date: Feb 2011
Location: Connecticut
Posts: 3
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Quote:
Originally Posted by thstone
Anyone who buys a used Porsche with a warranty is paying for the repairs, the price of the repairs just happens to be built into the price of the car. That is why a car with warranty is usually anywhere from $2,000-$4,000 more than similar vehicles without a warranty.
My experiece from owning two BMW's that I bought CPO with warranties is that the warranty is about break even - meaning that the $2,500 premium that I paid to get a car with a warranty is about what I would have spent on repairs over the life of the warranty.
No surprise there, the dealers know what is likely to faill and the costs to repair the cars and set the CPO price according and the private market follows the same pricing model.
Since I really didn't save much with the warranty, I had no problem buying a nice '99 Boxster without any warranty. I'll pay for whatever needs to be fixed and come out about the same.
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I bought my 2004 C4S in 2008 and immediately purchased an extended warranty (from an after-market company owned by the Penske Group, which also owns my local Porsche dealership). The warranty cost about $3,200. 18 months later the intermediate shaft let go, destroying the engine. The dealer honored the warranty and put in a factory rebuilt engine, together with a new radiator. The total invoice was over well over $18,000, and I had to pay just over $900 - the deductible and the taxes. Then after the car was totaled last October, I got a refund of over $1,200 from the warranty company for the unused portion of the warranty/premium. So you do the math - $2,000 saved me over $1,700. You can bet that when I bought a 2007 Cayman S to replace the C4S, it was a CPO from the same dealership.
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