#ims

A few weeks ago, I made the argument that there can never be such a thing as a “cheap” Porsche. Certainly, there are Porsches that are cheaply made, and certainly some that can be purchased cheaply, but considering the substantial sums of time and money involved in righting a car that is wrong, it’s a folly to even consider it.

Yet, here I am again, perusing eBay. As I write this, there are 155 Boxsters for sale, in various conditions. Quite a few sit under the magic $10,000 mark, including a part-disassembled car for a mere $3,200.

I know. It’s an illness. Talk me off the ledge, please.

Was it this guy? Who knows? But somebody finally decided to sue Porsche for their hilariously (if you don’t own a Porsche) failure-prone M96 watercooled boxer engines. Of course, the M96 has more than one known reason for going “pop” unexpectedly and turning on that “Drive to workshop and buy $11,750 Remanufactured Engine” light, but the IMS is the most frequent offender.

Now Porsche’s been forced to say that they’re sorry in that most American of ways — the class-action settlement. But since Porsche is Porsche, the devil is in the details. And there’s a hole in the list of covered VINs big enough to drive my 2004 Boxster S “550 Spyder” Anniversary Edition through.

Sam writes:

Hello, can you tell me what ever happened with the Porsche IMS concern? At 18K miles, an IMS bearing failure has caused a catastrophic engine failure in my Porsche 911. My Porsche dealer (who has done all of the Porsche recommended service on the car since new) just told me that there is nothing that they or Porsche can or will do, and that it is an isolated incident. I have since been doing research online, and I find out that an IMS bearing failure is not at all a rare occurrence.

I am not a litigious person and I am not out to tarnish the Porsche name. But with a repair cost of $19k, I cannot afford to get my car fixed. I am looking to get Porsche to step up and address what would appear to be a bearing design defect.