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Old 10-26-2006, 12:00 PM   #1
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Originally Posted by z12358
perfectlap:
"Can anyone name another fairly large company that knows that 1/3 of its engines can potentially go at any moment and its out-of-warranty owners are basically SCREWED? And the in warranty costs must be big too, replacing a GT3 engine is about $35K all because of a problem they are well aware of. "


I think you just answered your own question. Let's just focus on the waranty years. If those defects are so frequent and severe, Porsche would have hard time breaking even on each car it's selling purely because the waranty claims would exceed any profit margin they could impose on the market. And that, obviously, is not the case. The conclusion is that the frequency and the severity (thus the costs) of the defects must be SMALL enough to allow Porsche not only to make money on each car but to maintain the HIGHEST profit margins in the industry.

Z.

I'm on board with Z......
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Old 10-26-2006, 12:23 PM   #2
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" Let's just focus on the waranty years"

That is EXACTLY what Porsche IS focusing on.

After that, well, gee, that is too bad! Just give me 12-15G for a new engine please.

I will go back to my Chevy V8 analogy.

You can run those bad boys for over 200K easy if you simply keep the oil clean.

Why would that be so much to ask of a Porsche motor?

These Germans are smart folks. Charge much, keep expectations low.
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Old 10-26-2006, 12:34 PM   #3
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" Let's just focus on the waranty years"

That is EXACTLY what Porsche IS focusing on.
After that, well, gee, that is too bad! Just give me 12-15G for a new engine please.
I will go back to my Chevy V8 analogy.
You can run those bad boys for over 200K easy if you simply keep the oil clean.
Why would that be so much to ask of a Porsche motor?
These Germans are smart folks. Charge much, keep expectations low.



You missed my point. If the cars were really that defective Porsche couldn't afford to offer 4yr bumper-to-bumper waranties. It'd simply go bankrupt. The reality of HIGHEST profit margins is suggesting quite the opposite. Unless you're inferring that the "smart" Germans specifically designed the Porsches to start breaking down in hordes right after their waranty expires -- just for the fun of it. So smart AND sinister indeed. Dr. Evil material.

Z.
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Old 10-26-2006, 12:47 PM   #4
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Quote:
Originally Posted by z12358
" Let's just focus on the waranty years"

That is EXACTLY what Porsche IS focusing on.
After that, well, gee, that is too bad! Just give me 12-15G for a new engine please.
I will go back to my Chevy V8 analogy.
You can run those bad boys for over 200K easy if you simply keep the oil clean.
Why would that be so much to ask of a Porsche motor?
These Germans are smart folks. Charge much, keep expectations low.



You missed my point. If the cars were really that defective Porsche couldn't afford to offer 4yr bumper-to-bumper waranties. It'd simply go bankrupt. The reality of HIGHEST profit margins is suggesting quite the opposite. Unless you're inferring that the "smart" Germans specifically designed the Porsches to start breaking down in hordes right after their waranty expires -- just for the fun of it. So smart AND sinister indeed. Dr. Evil material.

Z.
that's how I read it.....and still on board with Z on this one.....if it is that much of a crap shoot with the engine.....I would figure I would see A LOT more posts of this occurence where as right now we see warning posts and friends of friends...and I know some have gone bad on this board but not enough.....

so if it was that much of a crap shoot, then Porsche would be broke on replacing motors under warranty..........

so unless there is a program this sucker to go at anytime after 60K miles button....not sure how they could be that unstable
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Old 10-26-2006, 03:20 PM   #5
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I have one thing to say, there is no way in hell that its a 1 out of 4 ratio that has failure. Thats a quarter of the cars produced. Come on, please beoytches.........

On a quiet night you can here Porsches exploding all across America.
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Old 10-26-2006, 03:40 PM   #6
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Originally Posted by ohioboxster
I have one thing to say, there is no way in hell that its a 1 out of 4 ratio that has failure. Thats a quarter of the cars produced. Come on, please beoytches.........

On a quiet night you can here Porsches exploding all across America.
Yeah.. I'm kinda with you on that. I mean, really. Don't you think we'd be in class-action territory here? Some guys caused a *huge* friggin' stink over the battery life in i-pods.. It was like the shot heard 'round the world. Then there was some guy making a stink online about easily scratched i-pod nano screens. These things cost less than $500 and people were in an uproar.

Now 20-25% of the people paying $50,000US for a car are having it die on them and not a peep from the media? No lawsuits? Seriously?
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Old 10-26-2006, 03:51 PM   #7
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My engine blew-up today just sitting in Winter Storage!






I hear too much Zaino can do that to a car!!
 
Old 10-26-2006, 12:51 PM   #8
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Quote:
Originally Posted by z12358
" Let's just focus on the waranty years"

That is EXACTLY what Porsche IS focusing on.
After that, well, gee, that is too bad! Just give me 12-15G for a new engine please.
I will go back to my Chevy V8 analogy.
You can run those bad boys for over 200K easy if you simply keep the oil clean.
Why would that be so much to ask of a Porsche motor?
These Germans are smart folks. Charge much, keep expectations low.



You missed my point. If the cars were really that defective Porsche couldn't afford to offer 4yr bumper-to-bumper waranties. It'd simply go bankrupt. The reality of HIGHEST profit margins is suggesting quite the opposite. Unless you're inferring that the "smart" Germans specifically designed the Porsches to start breaking down in hordes right after their waranty expires -- just for the fun of it. So smart AND sinister indeed. Dr. Evil material.

Z.
In keeping with your point, if these defects were few and far between why doesn't Porsche step up and help their customers out with an extended warranty or something of the sort? If these are truly a drop in the bucket than this would be a small price to pay for happy customers? How many people on this forum have this in the back of their mind and will affect their next purchase? How many people will tell their friends about what they read on this forum?
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Old 10-26-2006, 01:14 PM   #9
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Sammy:
"In keeping with your point, if these defects were few and far between why doesn't Porsche step up and help their customers out with an extended warranty or something of the sort? If these are truly a drop in the bucket than this would be a small price to pay for happy customers? How many people on this forum have this in the back of their mind and will affect their next purchase? How many people will tell their friends about what they read on this forum?"


Why not offer an extended (or longer) warranty, you ask.
I could think of a few reasons off the top of my head:
1. For the same reason Toyota, Lexus, BMW, MB, Ferrari, etc do NOT.
2. Because it doesn't have to, and yet all the above brands could only dream of achieving it's profit margins.
3. How much longer? Would 20yr warranty make you finally happy and remove the anxiety in the back of your mind?
4. Porsche is not in the business of psycho-therapy.

How many people? I don't know. Do you know? I think Porsche may have a better idea than either one of us here.

FYI, I did read this and other forums before I made my purchase. And happily so.

Z.
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Old 10-26-2006, 01:39 PM   #10
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Quote:
Originally Posted by z12358
Sammy:
"In keeping with your point, if these defects were few and far between why doesn't Porsche step up and help their customers out with an extended warranty or something of the sort? If these are truly a drop in the bucket than this would be a small price to pay for happy customers? How many people on this forum have this in the back of their mind and will affect their next purchase? How many people will tell their friends about what they read on this forum?"


Why not offer an extended (or longer) warranty, you ask.
I could think of a few reasons off the top of my head:
1. For the same reason Toyota, Lexus, BMW, MB, Ferrari, etc do NOT.
2. Because it doesn't have to, and yet all the above brands could only dream of achieving it's profit margins.
3. How much longer? Would 20yr warranty make you finally happy and remove the anxiety in the back of your mind?
4. Porsche is not in the business of psycho-therapy.

How many people? I don't know. Do you know? I think Porsche may have a better idea than either one of us here.

FYI, I did read this and other forums before I made my purchase. And happily so.

Z.
Does Toyota, Lexus, BMW, MB, Ferrari have issues with catastrophic engine failure due to a design flaw?

You are absolutely right in that they don't have to and it is obvious that they are taking this path. It's the risk that they are willing to take. A bunch of scared and unhappy customers vs. a couple extra bucks of profit (since you are inferring that this is a few and far between problem).

They are providing the right product to a specific market that allows them to maintain their profit margins (granted I don't even know if this is true or not so if you have some stats that would be awesome!). If Porsche decided one day to produce as many vehicles as one of the bigger companies than they would not enjoy the same profitability. My company makes its money by serving a non-commodity market and we enjoy much higher profit margins than our competitors, but our competitors make more profit because they are bigger and serve a commodity market where there sales revenue is a whole lot bigger than ours.

I don't know if the extended warranty is the way to go, but how many other manufacturers are increasing their powertrain warranties? I'm not losing sleep by any means, but I am keeping track of this for the next time I buy a vehicle. My dreams of a Carrera are becoming much cloudier...

My question about the number of members was rhetorical, but last I checked there were over 6000 members of this forum.
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Old 10-26-2006, 12:29 PM   #11
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Quote:
Originally Posted by super66
I'm on board with Z......
Porsche is doing what is good for Porsche, but at the same time they are losing customers whether they be new or repeat. With the increasing popularity of forums such as this one, the flaws are coming to the surface and being broadcasted in a public forum whether they be widespread issues or not. This can and will be perceived by some as a company that could give a rats rear about its customers. As was mentioned below, this is not an alternator or head gasket, etc... this is a CATASTROPHIC ENGINE FAILURE that seems to be traced to a design flaw.

Imagine if the buying public knew before hand, that the car they were about to buy had the potential to implode regardless of how they treated or serviced it? What if they knew that unless under warranty, Porsche would tell them to go pound sand and deal with the $12k-$15k repair bill on their own despite it being a design flaw?

BTW - Does anyone have the last 3 years of Porsche's profit, net revenue and number of vehicles sold? I would be curious to see how fast their products are moving off the lot?

Disclaimer: I don't know if this is a design flaw or not, but it sure sounds like it...
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