06-12-2020, 10:58 AM
|
#1
|
|
Registered User
Join Date: Aug 2005
Location: Sanford NC
Posts: 2,595
|
We live in the world with accounting rules. As soon as LN extends the warranty, the accountants rules will cause them to hold a higher reserve for warranty repairs. Thus not as much profit and/or not as much money to invest in the next product. Eventually the IMS buys will dry up.
Having talked to the inventors, they have high confidence that the probable lifetime is ...
Heck, most of their dual rows are now beyond the 5 year point and I don't see any of the 5 forums I visit daily filled with tales of woe.
If I were making this choice, if I were investing in lots of preventative measures inside the engine, no doubt which I'd specify.
If I were to look hard at my situation and only see the car staying with me for 3-5 years it would be a different choice.
28 other failure points and driver error can total the car for practical purposes.
|
|
|
06-12-2020, 04:45 PM
|
#2
|
|
Will there be cake?
Join Date: Mar 2017
Location: East Coast
Posts: 623
|
Quote:
Originally Posted by mikefocke
We live in the world with accounting rules. As soon as LN extends the warranty, the accountants rules will cause them to hold a higher reserve for warranty repairs. Thus not as much profit and/or not as much money to invest in the next product.
|
Accounting rules? They aren't publically traded, and they don't need cash reserve for warranty even if they were. If they extended the warranty, they would buy insurance; they even have a cost-positive option with offering insurance as an add-on. given the stated track record, insurance companies would consider this free money.
invest in next product? They are dealers for various manufacturers and automotive fabricators. They didnt "invent" anything when it comes to the IMS retrofit.
Smiles
|
|
|
06-14-2020, 06:05 PM
|
#3
|
|
Registered User
Join Date: Aug 2005
Location: Sanford NC
Posts: 2,595
|
Oddly enough, the person who discovered that the IMS could be replaceable despite Porsche's claims to the contrary was also named Tony.
As I was in pretty much constant contact with them (Jake and Charles) as they were inventing (and investing in) the process of providing a kit for a mechanic who had never done a replacement, I recall the frequent failures before the first product was complete. I was interested as I had a Boxster at the time and was also in charge of the production and productization of an item that couldn't afford to fail.
So I term it inventing if you are the first to produce a kit that may include parts, instructions and tools. And in the early days customer support to assure the product got a fair reception. No one else was offering that at the time.
There are patents on some of the LN/Flat6 IMS products. "The Solution" has three.
You may not like the choice they made. But recall just how old these engines are and how they don't have control over who does the install or who does the diagnosis saying that it was their product that failed. I sure wouldn't back any warranty under those conditions.
|
|
|
06-14-2020, 07:33 PM
|
#4
|
|
Registered User
Join Date: Jan 2019
Location: PA
Posts: 1,726
|
Quote:
Originally Posted by mikefocke
Oddly enough, the person who discovered that the IMS could be replaceable despite Porsche's claims to the contrary was also named Tony.
As I was in pretty much constant contact with them (Jake and Charles) as they were inventing (and investing in) the process of providing a kit for a mechanic who had never done a replacement, I recall the frequent failures before the first product was complete. I was interested as I had a Boxster at the time and was also in charge of the production and productization of an item that couldn't afford to fail.
So I term it inventing if you are the first to produce a kit that may include parts, instructions and tools. And in the early days customer support to assure the product got a fair reception. No one else was offering that at the time.
There are patents on some of the LN/Flat6 IMS products. "The Solution" has three.
You may not like the choice they made. But recall just how old these engines are and how they don't have control over who does the install or who does the diagnosis saying that it was their product that failed. I sure wouldn't back any warranty under those conditions.
|
I saw that you also posted on Feelyx's thread. Were you in contact with him as well as Jake & Charles?
__________________
2002 Boxster Base - Arctic Silver - Tiptronic
2010 Subaru Forester
1980 Ford C-8000 Custom Cab Emergency-One Fire Truck
__________________
"I never lose. I either win or I learn." -Nelson Mandela
|
|
|
06-15-2020, 10:55 AM
|
#5
|
|
Registered User
Join Date: Aug 2005
Location: Sanford NC
Posts: 2,595
|
No I never talked to Tony. I was told by Jake that is where he got the idea that it could be done.
|
|
|
06-15-2020, 12:05 PM
|
#6
|
|
Registered User
Join Date: Jan 2019
Location: PA
Posts: 1,726
|
Quote:
Originally Posted by mikefocke
No I never talked to Tony. I was told by Jake that is where he got the idea that it could be done.
|
Ahh...Thanks. I thought his name was Tim.
So, from what I've read, Tony sold them the patent, although he can no longer discuss it. And now you've confirmed that neither Jake nor Charles figured out that the IMSB can be R&R'd?
__________________
2002 Boxster Base - Arctic Silver - Tiptronic
2010 Subaru Forester
1980 Ford C-8000 Custom Cab Emergency-One Fire Truck
__________________
"I never lose. I either win or I learn." -Nelson Mandela
|
|
|
06-15-2020, 12:55 PM
|
#7
|
|
Registered User
Join Date: Feb 2005
Location: It's a kind of magic.....
Posts: 6,652
|
Quote:
Originally Posted by piper6909
So, from what I've read, Tony sold them the patent, although he can no longer discuss it.
|
No, because if he did, it would be listed as being invented by one person, and then reassigned to Jake and Charles, and there is no such information contained in any of the patents on the IMS Solution.
__________________
“Anything really new is invented only in one’s youth. Later, one becomes more experienced, more famous – and more stupid.” - Albert Einstein
Last edited by JFP in PA; 06-15-2020 at 01:25 PM.
|
|
|
| Thread Tools |
|
|
| Display Modes |
Hybrid Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
All times are GMT -8. The time now is 11:03 PM.
| |