|
10-27-2006, 05:33 AM
|
#1
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
Quote:
Originally Posted by C5150
Found a list from Consumer Reports (2005) featured on Yahoo Autos
Here's the link: http://autos.yahoo.com/consumerreports/article/best_and_worst_used_cars.html;_ylt=Ahbc7MKgto2K6dp GaZXjZIRrc78F
Don't want to stoke the fire one way or the other - but didn't see any Porsche on the WORST list. That said - I didn't see any Porsche on the BEST list either...
What I DID see was my Chevy Blazer - and I believe it - bit over $8K on repairs thus far... And now the pulse motor for the wipers is toast, and they go at whatever speed they choose - whenever they choose....
Still lovin' the box - C5150
|
That may be true. However, if memory serves, Porsche is #61 or so on the JD Powers 3 yr customer satisfaction survey.
Not good but of course, not definitive.
__________________
Rich Belloff
|
|
|
10-27-2006, 05:35 AM
|
#2
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
Here's another quote from it:
"Porsche was awarded the 2006 J.D. Power award for highest initial quality of automobile brands.
See my reference above on LONG TERM JD Powers data.
__________________
Rich Belloff
|
|
|
10-27-2006, 05:41 AM
|
#3
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
OK.
Lets see if we can bring this to an end.
Here is what we know.
The factory will never acknowledge design flaws yet these are well documented in pro-Porsche magazines like Panorama. I have NOT SEEN credible evidence to refute these two design issues. If so, please post.
There is clearly an RMS issue which MAY or MAY NOT be rectified in the latest batch of engines. This RMS issue is legend among both 996 and 986 owners. Some 987 owners have reported this issue also.
We DO KNOW that the factory has issue several new seals in response to the RMS issue. The last one, the Cayeene fix, MAY be working although my tech says it may not be also.
There is clearly an IMS problem that grenades the motor WHEN it appears. Number of these is unknown. This forum has reported a handful to date.
We do not have any factory data on ANY of this.
JD Powers surveys indicate that Porsches start out pleasing their owners and drop very quickly by the end of three years.
Any other things we can agree on?
__________________
Rich Belloff
|
|
|
10-27-2006, 05:53 AM
|
#4
|
Registered User
Join Date: Apr 2006
Location: Chicago
Posts: 585
|
Quote:
Originally Posted by Brucelee
OK.
Lets see if we can bring this to an end.
Here is what we know.
The factory will never acknowledge design flaws yet these are well documented in pro-Porsche magazines like Panorama. I have NOT SEEN credible evidence to refute these two design issues. If so, please post.
There is clearly an RMS issue which MAY or MAY NOT be rectified in the latest batch of engines. This RMS issue is legend among both 996 and 986 owners. Some 987 owners have reported this issue also.
We DO KNOW that the factory has issue several new seals in response to the RMS issue. The last one, the Cayeene fix, MAY be working although my tech says it may not be also.
There is clearly an IMS problem that grenades the motor WHEN it appears. Number of these is unknown. This forum has reported a handful to date.
We do not have any factory data on ANY of this.
JD Powers surveys indicate that Porsches start out pleasing their owners and drop very quickly by the end of three years.
Any other things we can agree on?
|
I was typing as you posted this so I'll shut up now...
Great debate and information!
|
|
|
10-27-2006, 06:02 AM
|
#5
|
Guest
|
Quote:
Originally Posted by Brucelee
OK.
Lets see if we can bring this to an end.
Here is what we know.
The factory will never acknowledge design flaws yet these are well documented in pro-Porsche magazines like Panorama. I have NOT SEEN credible evidence to refute these two design issues. If so, please post.
There is clearly an RMS issue which MAY or MAY NOT be rectified in the latest batch of engines. This RMS issue is legend among both 996 and 986 owners. Some 987 owners have reported this issue also.
We DO KNOW that the factory has issue several new seals in response to the RMS issue. The last one, the Cayeene fix, MAY be working although my tech says it may not be also.
There is clearly an IMS problem that grenades the motor WHEN it appears. Number of these is unknown. This forum has reported a handful to date.
We do not have any factory data on ANY of this.
JD Powers surveys indicate that Porsches start out pleasing their owners and drop very quickly by the end of three years.
Any other things we can agree on?
|
Brucelee, you are obviously very successful and competent at selling Porsche products through your dealership. Yet, you know there is an intrinsic design flaw with the engines. How are you able to balance these two conflicting dynamics? What do you actually tell your customers, if they ask or not (about potential problems)?
Thanks.
|
|
|
10-27-2006, 06:18 AM
|
#6
|
Registered User
Join Date: May 2006
Location: Northeast USA
Posts: 910
|
Here's what we know:
1. RMS is more frequent than IMS but less severe.
2. IMS is less frequent than RMS but more severe.
3. We know nothing about HOW frequent either of them are.
4. ALL "issues" during the warranty years MUST be producing waranty claims small enough to allow Porsche to keep highest profit margins in the industry.
5. Beyond the warranty years, unless third-party Extended Warranties for Porsches are multiples of times more expensive than those for other brands, ALL "issues" in aggregate couldn't possibly be that much worse than what is expected from other brands.
The free market is the greatest aggregator of data and the best indicator of trends.
Rich, freedom -- learn from it.
Z.
|
|
|
10-27-2006, 06:49 AM
|
#7
|
Registered User
Join Date: Apr 2006
Location: Chicago
Posts: 585
|
Quote:
Originally Posted by z12358
Here's what we know:
1. RMS is more frequent than IMS but less severe.
2. IMS is less frequent than RMS but more severe.
3. We know nothing about HOW frequent either of them are.
4. ALL "issues" during the warranty years MUST be producing waranty claims small enough to allow Porsche to keep highest profit margins in the industry.
5. Beyond the warranty years, unless third-party Extended Warranties for Porsches are multiples of times more expensive than those for other brands, ALL "issues" in aggregate couldn't possibly be that much worse than what is expected from other brands.
The free market is the greatest aggregator of data and the best indicator of trends.
Rich, freedom -- learn from it.
Z.
|
Aww shoot... my bad Brucelee...
4) I don't think anyone has ever questioned this one. Profit margin is a function of a whole lot of things and is not some sort of magic indicator of quality. Porsche has a business case that works and no one is questioning this. Yes, we understand your point that if this was a widespread issue than Porsche would be out of business. If this was a widespread problem yes, they would not be profitable. If you looked at the profit margins for Ford when their big SUV's dominated the market you would be shocked! They made a killing in that market, but do you think its because they had some sort of magic formula for low warranty costs?
Once again, no one would argue that if this was a widespread problem that Porsche would not be profitable.
BTW - What is the profit margin that you are referring to? You keep talking about it, but what is the figure or range and where did you get it from?
|
|
|
10-27-2006, 06:54 AM
|
#8
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
Quote:
Originally Posted by z12358
Here's what we know:
1. RMS is more frequent than IMS but less severe.
2. IMS is less frequent than RMS but more severe.
3. We know nothing about HOW frequent either of them are.
4. ALL "issues" during the warranty years MUST be producing waranty claims small enough to allow Porsche to keep highest profit margins in the industry.
5. Beyond the warranty years, unless third-party Extended Warranties for Porsches are multiples of times more expensive than those for other brands, ALL "issues" in aggregate couldn't possibly be that much worse than what is expected from other brands.
The free market is the greatest aggregator of data and the best indicator of trends.
Rich, freedom -- learn from it.
Z.
|
You make several leaps of logic and do not account for time lags.
Also there is this little vexing issue.
Some warranty companies will simply not cover a Porsche of any kind. Why do you think that is?
Some will not cover Porsches over certain miles, yet they WILL cover Lexus for the same miles.
Why do you think that is?
__________________
Rich Belloff
|
|
|
10-27-2006, 06:55 AM
|
#9
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
BTW- you guys may be making too much out of the "highest margins in the industry data."
In fact, my service manager told me that "the warranty claims expense on the cars is VERY VERY high, but then again, so is the price they get."
__________________
Rich Belloff
|
|
|
10-27-2006, 10:25 AM
|
#10
|
Registered User
Join Date: Mar 2005
Location: South Carolina
Posts: 530
|
Quote:
Originally Posted by Brucelee
You make several leaps of logic and do not account for time lags.
Also there is this little vexing issue.
Some warranty companies will simply not cover a Porsche of any kind. Why do you think that is?
Some will not cover Porsches over certain miles, yet they WILL cover Lexus for the same miles.
Why do you think that is?
|
Using your questions to bolster your point requires more leaps of "logic", but to pursue that venue some more...
Do warranty companies exclude other cars? Maybe like Ferrari, Lambo, Lotus? If so, could it be because of high repair part and labor costs, higher than average repair frequency, or even typical car usage (track vs grocery store runs)? Maybe a mix of all the above?
Have many Lexus cars have you seen running a track event or autocross, in comparison to Porsches? Do you think that, on average, a day in the life of a Porsche and a Lexus is the same? How could that sway a warranty company's policy?
__________________
Jack
2000 Boxster S - gone -
2006 Audi A6 Quattro 3.2
|
|
|
10-27-2006, 06:51 AM
|
#11
|
Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
|
Quote:
Originally Posted by bmussatti
Brucelee, you are obviously very successful and competent at selling Porsche products through your dealership. Yet, you know there is an intrinsic design flaw with the engines. How are you able to balance these two conflicting dynamics? What do you actually tell your customers, if they ask or not (about potential problems)?
Thanks.
|
Good point, although I don't have the dealership anymore.
I used to be very candid with my buyers about the RMS issue and advise them to buy a warranty IF that kind of expense bothered them. I did not sell warranties but could refer them to someone who did.
Usually, I knew if any of my cars had had an RMS repair and I would advise buyers of this also. Some had several RMS replacments by the way.
I decided to close the dealership around the time that the IMS came to my attention but one had nothing to do with the other.
I would advise anyone looking at a used Box out of warranty to at least evaluate an aftermarket warranty.
__________________
Rich Belloff
|
|
|
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 11:23 PM.
| |