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IMS Problem - Advice Needed

UPDATE Well as things have changed since my last post, I thought I'd give a bit of an update as to where I am at with the car. On the advice of a few people here, I got the car back from Porsche and got it taken to Autofarm for a proper diagnosis and to hopefully give me some more options. Autofarm said that it's not intermediate shaft failure, so I immediately thought... PHEW. Then they broke the news to me that the liner had cracked on Cylinder6 and coolant has got in. They have told me the only solution they can offer is a fully rebuilt and 'Silsleeved' engine which is going to cost me around £10,000. I nearly fell off my chair... I started to look into the option of a 2nd hand engine, I realised this route was going to cost me around £7500 too (£4500 for a used engine, £1000 fitting, £500 uprated IMS +VAT). All this after owning the car only a few months and never really getting the chance to fully enjoy it, I feel really sick. I'm starting to wonder if the previous owner knew about this, I'd like to think not and I don't like to think bad of people, but the thought is at the back of my mind. The bottom line is, I can't afford (or justify) dumping that kind of money into the car, it's such a huge percentage of the value that it seems like lunacy, I wish I knew enough to do the work myself :(. People have suggested to me that I do a cost effective repair on one cylinder and get rid of the car, but unfortuantely for me I have a good heart and I wouldn't want to push the car on to someone else only for them to experience what I have, which has been a gut-wrenching nightmare. So, this brings me on to my next question... what do you think the car is worth (approximately) with a broken engine? I assume someone with knowledge of how to rebuild these engines or fit a used engine would probably be able to do the job and bit of profit (or keep the car themselves). Rough specification : -It's a 2000 (I originally thought 1999) 996 Carrera 3.4 in Silver -Black leather interior (with Silver plastic backs) -Around 84k -Full service history -18" Porsche wheels I feel so sick about this, I just don't know what to do :( :( Any suggestions (or other routes to look into) would be greatly welcomed.
 
I feel for you James and really sorry you are in this position. Have you asked the main garages that perform this sort of work (eg Autofarm, Hartech etc) if they will buy the car off you ? I would imagine they will repair it and sell it on with a warranty.
 
ORIGINAL: Spy I feel for you James and really sorry you are in this position. Have you asked the main garages that perform this sort of work (eg Autofarm, Hartech etc) if they will buy the car off you ? I would imagine they will repair it and sell it on with a warranty.
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Yes, they said the car was a nice spec and in very good condition, but the most they could offer is £3k. They advised me that if I was to sell the car with a broken engine, that I would be much better off selling it privately.
 
I would imagine it wouldn't be worth much more than that. I don't know the market these days but assuming it didn't have an engine problem, how much would it be worth, £15k ? If so, take off £10k and that would be roughly how much it is worth
 
ORIGINAL: Spy I would imagine it wouldn't be worth much more than that. I don't know the market these days but assuming it didn't have an engine problem, how much would it be worth, £15k ? If so, take off £10k and that would be roughly how much it is worth
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Hi Spy, I'm not sure what it would be worth either in a fully working state, I guess the mileage probably goes against it with it being in the 80's. I'd imagine it would be worth at a guess around £14k, so you're probably right, that figure isn't too far off :(
 
They make about £4-£5 if your lucky, Again all because OPC go quoting £10-£12k for new engines Try Volks appart I seem to remember they where doing swap outs a while back.
 
Sorry to hear about this. If it is still a runner I understood you would be looking more at around 5-6k for a rebuilt and improved engine from Hartech. I'm not sure the price you paid for the car, but regardless of the mileage, if your car is a desirable spec (colour combo, extras such as aero kit etc), then a fully rebuilt and improved engine would see the car fetching a much healthier price (I would say around 15-16k), and likely it would sell over and above others. Rather than letting the car go for peanuts, it may well be worth rebuilding it and then selling on for a decent price if you really don't want to keep it. Because of the stigma associated with the 3.4 and 3.6 engines, potential owners would likely much prefer an engine that had already been worked on / rebuilt and improved, so you could charge a premium for this. Just my 2p, but whatever you do, I am sure it will all be sorted, and I wish you luck.
 
Thanks Steve, I'm in touch with Hartech now about rebuilding the engine. It's still a lot of money, but like you say, it would definitely help the sale of the car in the future. Thanks for the advice :)
 
No problem :) To be honest, bite the bullet and have it done, then you can either cut your losses or hopefully breakeven by selling once done, or once it's done why not just keep it? If you have always wanted one at least you know you will have a good one that will last for the rest of your ownership ;) You could sell it when done, buy another down the line perhaps for more cash and you still wouldn't have the security of the rebuild you had with your current one. It's a shame it happened so soon, and I know it's difficult to swallow, but there will be options available once you've had it sorted. Cheers,
 
Sorry to hear of your problem. It would be interesting if you could keep us updated on which decision you make. Good luck Phil
 
While I admire you honesty and integrity over selling your car after fixing just one cracked cylinder (in case another one cracks later) - may I just point out that when we fit security rings into the top of each other cylinder - it not only stabilises the cylinder against future cracking but also offers the chance to get the oval cylinders round again and a better fit on the pistons - as is actually a perfectly acceptable long term repair. Baz
 
ORIGINAL: t1x +1 Hartech need a branch down South!!!!!
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Nice idea, but surely the cost of opening a new place down South, with the increased wages of southerners would mean they'd have to charge more per repair. That would be more than the cost of transporting dead cars ooop-North. Plus, until we can clone Baz, he can't be at two places at once, so quality would never be as good.
 
They just need a trusted affiliate darn sarf who can do a borescope, whip out the engine if necessary, courier it to Baz's boys to fix, then refit it once rebuilt. And I reckon I can clone Baz in my shed. Mwahahahaaaa!
 
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