03-30-2015, 01:22 PM
			
			
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			#1
			
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					Originally Posted by  brjak
					 
				 
				True the numbers are not static. But the information comes directly from the manufacture of the solution.  IMS 101
I don't know the values through out the country, I am speaking of my car. 97, 78000miles. New to me. Value 11,000$(CDN). this car is mint with everything working appropriately. Now, average replacement cost is 1500-2000 up here in Canada.
 
So spend 20% the value of the car on item that is advertised at a 1% failure rate. Even if the failure rate increased 10 fold. The question is spend 20% value of the car for an item that has over a 90% success rate.
 
Yes I know its only matter of time before the item fails. But, that statement can be made for every single item on that car. We just focus on the IMS.  
			
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I think there are some things to clarify in this post - 
 
1) I would be SHOCKED if a '97 could fetch anything north of $8k USD, but perhaps that is neither here nor there
 
2) $1500 - $2000: Isn't that a price if the trany is still IN the car?  It is quite a bit cheaper if it is out, no?
 
3) If your IMS fails, the value of your car goes to just about $0. By putting in an IMS, for 20% of the value of the car, you ensure you can keep it a $11k (or whatever the correct price is).  That is what we mean by insurance...
 
We all sort of have a big revolver with one bullet that we are spinning...at some point it will go boom.
		  
		
		
		
		
		
		
			
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						Last edited by Dlirium; 03-30-2015 at 01:23 PM.
					
					
						Reason: spelling error
					
				
			
		
		
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			03-30-2015, 04:35 PM
			
			
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			#2
			
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	Quote: 
	
	
		
			
				
					Originally Posted by  Dlirium
					 
				 
				 By putting in an IMS, for 20% of the value of the car, you ensure you can keep it a $11k (or whatever the correct price is).  That is what we mean by insurance... 
 
We all sort of have a big revolver with one bullet that we are spinning...at some point it will go boom. 
			
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Other parts can go boom too and there goes your engine and your investment in any IMS.  A simple accident in a car this old will take it down too.
 
So by adding 20% to its cost basis, you add how much to the probability that it will still be around in a few years? Do you increase the probability more than by changing the water pump? 
 
Even at 10%, if the IMSs fail at 2% a year, is that still a good investment?
 
My point is that when these were $25k cars, the investment made obvious sense.  But now? Does it still?
 
Maybe emotionally or for peace of mind.
		  
		
		
		
		
		
		
		
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			03-30-2015, 04:54 PM
			
			
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			#3
			
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	Quote: 
	
	
		
			
				
					Originally Posted by  Dlirium
					 
				 
				 
 
 
3) If your IMS fails, the value of your car goes to just about $0. By putting in an IMS, for 20% of the value of the car, you ensure you can keep it a $11k (or whatever the correct price is).  That is what we mean by insurance... 
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Value of car is not reduced to zero. You could part the car out, or sell as a rolling chassis. Probably get 6-7kCDN.  in essence without IMs and engine failure. value-7K. 11K car with 2K invested in an IMS replacement. Car value 11K. SO really the swing is roughly 3K on the car. Now saying that we are talking about a 97 Base boxster.
		  
		
		
		
		
		
		
			
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			03-30-2015, 06:57 PM
			
			
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			#4
			
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					Originally Posted by  brjak
					 
				 
				Value of car is not reduced to zero. You could part the car out, or sell as a rolling chassis. Probably get 6-7kCDN.  in essence without IMs and engine failure. value-7K. 11K car with 2K invested in an IMS replacement. Car value 11K. SO really the swing is roughly 3K on the car. Now saying that we are talking about a 97 Base boxster. 
			
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Even on the 97 Base, you should now consider it a maintenance item. Not an end all fix that will make the car last forever, or a reason to immediately stop driving and head to your nearest LN authorized repair shop. Clutch, suspension, tires, etc will all wear out. Most likely you will not let them go until there is a catastrophic failure. 
Do the same for your IMS. When the clutch is replaced replace the bearing. Not that big an add-on if the other work is already being done. 
I pulled the bearing on two '01 2.7s with about 125K miles. Both were intact dual row, but had lost the grease and had foul smelling oil within the IMS tube. It was just a matter of time (and probably not long) until they started started wearing through the finish on the bearings.
		  
		
		
		
		
		
		
		
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			03-30-2015, 07:03 PM
			
			
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			#5
			
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	Quote: 
	
	
		
			
				
					Originally Posted by  brjak
					 
				 
				Value of car is not reduced to zero. You could part the car out, or sell as a rolling chassis. Probably get 6-7kCDN.  in essence without IMs and engine failure. value-7K. 11K car with 2K invested in an IMS replacement. Car value 11K. SO really the swing is roughly 3K on the car. Now saying that we are talking about a 97 Base boxster. 
			
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6-7??  For an old roller up here?  No way.  There just isn't much of a market here in Canada, and if you want to sell it down south, well, there are lots available, so supply vs. demand just isn't there.  I'm guessing you don't have collision insurance on your car too?  Or any life insurance?   
IMS fix is really just insurance - odds are you will never ever use it, but it can be comforting to have.  Especially for a car that sits, like most in Canada do over the winter.
		  
		
		
		
		
		
		
			
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			03-31-2015, 05:55 AM
			
			
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			#6
			
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					Originally Posted by  Giller
					 
				 
				6-7??  For an old roller up here?  No way.  There just isn't much of a market here in Canada, and if you want to sell it down south, well, there are lots available, so supply vs. demand just isn't there.  I'm guessing you don't have collision insurance on your car too?  Or any life insurance?   
IMS fix is really just insurance - odds are you will never ever use it, but it can be comforting to have.  Especially for a car that sits, like most in Canada do over the winter. 
			
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Making a few leaps and assumptions. But, I will answer regardless, I have collision insurance, because it was an extra 45$ per year. So for 5 years of ownership 2.5% value of the car. If I could have any major item IMS, etc switched for a valuation of 2.5% I'd doit. but not 20%.
 
Life insurance is another thing- I don't have any debt, So really not a huge need for life insurance. Life insurance is a financial tool.  after that i save money and invest it. Far too many people have way too much insurance. They spend far too much money on premiums. Thus never getting far ahead. When investing those premiums could yield a far larger return.  
Via work family receives 2 years salary. So I guess I have a little insurance.  
IMO- life insurance is the same as buying lottery tickets, or changing IMS  . I roll the dice I don't need it. But, build for a successful future. If you have a solid foundation to work off of. These other items are unnecessary.
 
Only buy items I have cash for. Most people will spend far more money in interest payments than life insurance would cover. I made it a life mission to only buy what I can afford. than work hard to pay off debt. Which I did. I will add I'm a simple guy who never made 6 figures in his life. But, always knew how to invest.
		  
		
		
		
		
		
		
			
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			03-31-2015, 06:49 AM
			
			
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			#7
			
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			I recall reading it somewhere but I don't recall what years are affected (ie: single row vs. double row) with the IMS failure tendency.  I own a beautiful 98 Boxster w/78,000 miles. 
 
So does my year have a single or double row IMS?   
 
Also, what's the average life of a clutch? I'm an "easy" driver/shifter and as far as I can tell the clutch on mine is working fine......just curious. 
 
Thanks, 
R
		 
		
		
		
		
		
		
		
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			03-31-2015, 07:21 AM
			
			
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			#8
			
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					Originally Posted by  Rob175
					 
				 
				I recall reading it somewhere but I don't recall what years are affected (ie: single row vs. double row) with the IMS failure tendency.  I own a beautiful 98 Boxster w/78,000 miles. 
 
So does my year have a single or double row IMS?   
 
Also, what's the average life of a clutch? I'm an "easy" driver/shifter and as far as I can tell the clutch on mine is working fine......just curious. 
 
Thanks, 
R 
			
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Only 100% accurate way to know is visual inspection but your year tends to be double Row 
Clutch life is all over the place with so many variables that effect it's life. My clutch is also at 76k miles and it works great. Mid-pedal bite point, no slippage, no smell. 
I'm thinking this coming winter may be my time to just bite the bullet, Clutch, IMSB (LN ceramic) RMS. 
Car should be some where near 85k miles at that point 
+1 on Don't skip IMSB replace now. 
Seems like there is time and your trans is out of the way. 
I don't understand all this risk management. The part is accessible now, it's a few hundred $$, a little piece of mind and it's definitely a known good afternoon drive killer
		  
		
		
		
		
		
		
			
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			03-31-2015, 09:25 AM
			
			
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			#10
			
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					Originally Posted by  986man2015
					 
				 
				
			
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The answers are no, no, not with a 10 foot pole.  The long answer is there are years with mixed production of bearings and engine installation was not recorded by bearing design.  The ebay question is more of a personal choice.  I did not even look at the ad.
		  
		
		
		
		
		
		
		
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			03-31-2015, 04:13 PM
			
			
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			#11
			
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			I plan on doing mine myself when I change the clutch out. This will be a huge undertaking and I do not plan on skimping out on a cheap bearing. I love the dual row replacement for my single row in my 2001S but no individual sales on these so I have a several months to find the best an individual can get.
		 
		
		
		
		
		
		
		
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