Eisen IMS settlement

[urban_legend]

Any new info here? I skimmed the settlement... seems like a pretty poor deal for porsche owners, especially if you bought used or have a MY 2003 or earlier.

[Perfectlap]

poor deal? Well excellent for Porsche I concur, a pittance for such a profitable company.

But calling it poor for the exisiting owners? What other boutique high end car manufacturer ever compensated second hand buyers some 9-13 years after the factory warranty expired? I'm amazed they offered even a dime.

[gmboxster]

About what is the average cost to replace the IMS ? I have a '98.

[Porsche9]

Originally Posted by gmboxster

About what is the average cost to replace the IMS ? I have a '98.

A LN IMSB is $650 plus the labor to install at about 8 hours. Labor rates will vary. Often you end up doing the clutch since you are already in there so add the cost of those parts.

[NJBoxster2000]

Where do I find the info on this settlement?

[BirdDog]

Settlement details here:

IMS Porsche Settlement Class Action Lawsuit Information Center | IMS Porsche Settlement

[Timco]

Originally Posted by Perfectlap

poor deal? Well excellent for Porsche I concur, a pittance for such a profitable company.

But calling it poor for the exisiting owners? What other boutique high end car manufacturer ever compensated second hand buyers some 9-13 years after the factory warranty expired? I'm amazed they offered even a dime.

Too bad nobody died I guess, then these bearings would have been recalled. Since they just essentially leave you with a near worthless Porsche roller, it's not worthy of making the poor design / bearing choice right I guess. It's just cash.