Porsche Class-Action Suit: Have Opinions Changed ?

[tnoice]

It made up my decision and my wife and I decided to go ahead and have the IMS Solution done. My Boxster is a low milage, single row, 3.2.

If I boarded a jet and the pilot came on the intercom and said...."well there is about a 90% chance we will not have a cataclysmic failure with this jet." Sorry, I would turn around and get off the plane immediately! Granted, if the jet goes down it could be the end your life, where a destroyed engine is not.....but it would definitely hit most people's check books and investments pretty significantly. Especially if you account for the lost in future earning potential of the $20,000 spent on a new motor!

[Perfectlap]

You should not forget that those estimates were of failures reported to Porsche or addressed by Porsche in their engine warranty program. Those estimates do not include all of the failures that occurred after the warranty period expired. This might be 'tip of the iceberg" estimates for at least the single row bearings if more failures occurred at high mileage or after the fourth year.

[southernstar]

Perfectlap, you are no doubt correct that the numbers are incomplete and therefore undereported, but I would not refer to them as the 'tip of the iceberg'. Porsche's numbers include all cases which ended up at a Porsche dealership (or with a claim or request for coverage after the expiry of the warranty period), regardless of age and mileage. Did some people not take it to the Porsche dealership after failure, or even try to get something out of Porsche? No doubt. But most people would have done one, or both (and there are certainly reported cases where Porsche provided full or partial coverage after the warranty expired - albeit, typically only for those who purchased the car new). So if an additional 25% or even 50% of failures never came to Porsche's attention, it takes 'much less than 1%' to what - maybe 1%? You're right, however, that a 25 - 50% increase on the published numbers for the single-row bearing would make a bad situation worse - ie, if 50%, then 8 - 12% becomes 12 - 15% Still unlikely, but.....

Brad

[woodsman]

Don't let the 'stats' lull you into a false security- Watch that video! And if you really want your car, take the REASONABLE path- before it's too late. If you can't afford 'the' catastrophe, than choose the solution.