IMS Settletment
#32
I have an early build 2005 997 which I purchased from a private party and no CPO.
I can't understand why I would be reimbursed just 25%. It is the same engine
that Porsche designed / built. So why is the
reimbursement any less than other vehicles?
I can't understand why I would be reimbursed just 25%. It is the same engine
that Porsche designed / built. So why is the
reimbursement any less than other vehicles?
#33
10%? I think the numbers are like .00001 It is really rare that is why most people are not worried about it, including myself. If you asked any Porsche mechanic, they will tell you it happens but is rare. Effected ones are early 05 models that is why they are included in the settlement and not late model 05's. Porsche tried to hide it b/c they know it is not a common problem. But it is obviously a huge problem for those who suffer it so that is why we have a lawsuit against Porsche. IIRC no one with MY 06 and later has IMS issues, only stories of my uncle's friend's cousin's daughter's son has a 06 model with IMS issues. Someone from rennlist.com did a research on MY06 b/c he was afraid he might suffer the same faith but found out most who checked the box (06 with IMS issues) are not first hand experiences.
My car is a MY06 but obviously was built in late '05. I guess that's what had me worried. If it really is roughly .00001 like you say, then I will go ahead and forget about it, once again!
#34
Okay sorry, I guess I misread a previous post. You made me feel a lot better after reading that.
My car is a MY06 but obviously was built in late '05. I guess that's what had me worried. If it really is roughly .00001 like you say, then I will go ahead and forget about it, once again!
My car is a MY06 but obviously was built in late '05. I guess that's what had me worried. If it really is roughly .00001 like you say, then I will go ahead and forget about it, once again!
This is the link to the law firm's class action declaration. http://www.imsporschesettlement.com/...ffs_motion.pdf
Point 13 states the following:
--
Discovery and investigation establishes that Porsche adopted a single row design for the IMS in 2001. The payment of warranty and goodwill claims of owners of Porsche vehicles with this design of the IMS (all Class Vehicles) spiked up to between 4% to 8% of all such Vehicles in the United States, and 4% to 10% of all Class Vehicles in California. Warranty claims for Porsche Boxster and 911 vehicles relating to IMS issues, which had different versions of the IMS, have uniformly involved claims of far less than 1% of such vehicles. Indeed, to date, Porsche has spent over $20,000,000 reimbursing customers for the parts and labor necessary to repair vehicles experiencing engine damage or failure as a result of the defective IMS shaft. (This entails approximately 3,100 claims granted under warranty or good will.)
--
So while I don't know if it's really as low as .00001, the investigation believes it's "far less than 1%."
Credit goes to Rennlist member BED997 for finding and highlighting this information. This is probably why MY97-00 cars and March '05 built through MY'08 cars are not included.
#35
There is an engine number on the bottom of the engine that is visible by looking underneath. But just because it ends in 05 doesn't make it an MY05 engine.
#36
The dealer had told me i didnt have a upgraded bearing unless the service manager has no clue of what hes talking about my 06 was born in july 06 weird idk. I did read the number under the car which was faint but it did end in 05 i cant remember if it was rennlist where i seen the thread where it said thats how you know if you have the upgraded bearing.
We were pretty darn close in our guess work! As the lawsuit involves cars from May 4, 2001 and February 21, 2005.
I highly doubt your car has the older style bearing if it was built in July '06. Only a visual inspection by an expert could tell you for sure. But again, you need the motor out to do that.
#37
I looked it up in some old threads, here's how to tell if you have the larger bearing:
Base engine (3.6) has designation "M96", has both the older IMS and revised larger bearing, you will need your engine number to determine which one you have:
- Engine (3.6) number up to M96/05 69507475 has the older IMS bearing and Engine number from M96/05 69507476 has the larger revised IMS.
"S" engine (3.8) has designation "M97", also has both the older IMS and revised larger IMS bearing:
- Engine (3.8) number up to M97/01 68509790 has the older IMS bearing and Engine number from M97/01 68509791 has the larger revised IMS.
Base engine (3.6) has designation "M96", has both the older IMS and revised larger bearing, you will need your engine number to determine which one you have:
- Engine (3.6) number up to M96/05 69507475 has the older IMS bearing and Engine number from M96/05 69507476 has the larger revised IMS.
"S" engine (3.8) has designation "M97", also has both the older IMS and revised larger IMS bearing:
- Engine (3.8) number up to M97/01 68509790 has the older IMS bearing and Engine number from M97/01 68509791 has the larger revised IMS.
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