Class Action Settlement for coolant pipes is official
#1
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Class Action Settlement for coolant pipes is official
Just got these in the mail today....
From: donotreplycoolantpipesettlement@tgcginc.com
The attached documents are related to the pendency of a class action settlement regarding a lawsuit known as In Re: Porsche Cars North America, Inc. Plastic Coolant Tubes Products Liability Litigation. Information about the settlement and who to contact are contained in these documents.
If you wish to UNSUBSCRIBE from future email messages from the Settlement Administrator with regard to this Settlement, please click on this link.
From: donotreplycoolantpipesettlement@tgcginc.com
The attached documents are related to the pendency of a class action settlement regarding a lawsuit known as In Re: Porsche Cars North America, Inc. Plastic Coolant Tubes Products Liability Litigation. Information about the settlement and who to contact are contained in these documents.
If you wish to UNSUBSCRIBE from future email messages from the Settlement Administrator with regard to this Settlement, please click on this link.
#4
Still have our original tubes with over 125,000 miles, so my large payout in 2 years is $100! Is it subject to federal, state, local and medicare taxes? Final check in the amount of 88 cents. lol May not even fill out paperwork.
#5
Drifting
So this is my question, I didn't have to pay to have the pipes changed, but I had to pay to pull it all apart and replace the torque converter seal because they saw the leaking coolant damage and assumed the pipes were leaking, which was true but replaced previously unbeknownst to me.
Any claim for ancillary damages? I had a p-car dealer do it so I have all the records too. Cost my just shy of $3000
Any claim for ancillary damages? I had a p-car dealer do it so I have all the records too. Cost my just shy of $3000
#6
Race Director
more like .25ct after legal fees and Obamacare
#7
I hope this is true and really happens. I'm out almost $5000 with the coolant pipes and transmission seal. Thankfully I kept my receipts. Even if I get a fraction of it back, it's still better than nothing. Hopefully in time for next years vacation.
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#12
Rocky Mountain High
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I'm planning to submit a claim and see what happens. I had my pipes changed as a prophylactic measure before they burst. I had the work done at my local Porsche dealer and I have the receipt. My only question on this whole thing is related to how they will classify my claim. I purchased my Cayenne as a pre-owned vehicle from an authorized Porsche dealership. It only had ~20K miles on the odometer and was only 2 years old, and was therefore still under the factory warranty. It was not a CPO car, or "ACPO" as mentioned in the documentationn. As a result, my guess is that I would fall into the same category as people who purchased a used Cayenne from a source other than an authorized Porsche dealership. That will mean that I am entitled to a smaller settlement. Oh well, I guess that's better than nothing! My pipes were replaced around 70,000 miles if I recall correctly. That means I should get something in the neighborhood of $400 from PCNA. Had my car been in the ACPO classification, then it looks like I would have receved sometinhg in the neighborhood of $900.
#13
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It's disappointing to see a CPO consideration in the settlement calculation for second hand owners (in part because that includes me).
I guess I would have negotiated the same if I was PCNA. It gives their direct customers preferential treatment and helps support the value of CPO, encouraging future CPO purchases. Not to mention reducing the out of pocket in settlement payments.
On the other hand, it's kind of lousy to not be more impartial and own up to the faulty design with an evenhanded settlement for all affected owners, like a recall. The table for CPO owners seems pretty fair and should have been extended to all owners.
I guess I would have negotiated the same if I was PCNA. It gives their direct customers preferential treatment and helps support the value of CPO, encouraging future CPO purchases. Not to mention reducing the out of pocket in settlement payments.
On the other hand, it's kind of lousy to not be more impartial and own up to the faulty design with an evenhanded settlement for all affected owners, like a recall. The table for CPO owners seems pretty fair and should have been extended to all owners.
#15
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Not sure why the sliding scale: The more miles, the less % you get. I get the concept of depreciation, if that's their logic, but the Porsche Service guy charges me the same for repairs regardless of miles.
Losers are those who did the work themselves, those who have high miles, those that sold their Cayenne and gave their buyer a $2K concession on price. I fall into the 50% refund category, and sent my claim in today.
This thing brings back bad memories, and the shoddy treatment that Porsche demonstrated to it's customers. That said, many of us looked the other way: I've bought 2 new cayennes since.
Losers are those who did the work themselves, those who have high miles, those that sold their Cayenne and gave their buyer a $2K concession on price. I fall into the 50% refund category, and sent my claim in today.
This thing brings back bad memories, and the shoddy treatment that Porsche demonstrated to it's customers. That said, many of us looked the other way: I've bought 2 new cayennes since.