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Originally Posted by Rich150001
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Originally Posted by mjposner
Spoke to my class action guy today. He said $100k easy and no hybrid allowed, so lawyer has to front all costs and risks to get possible reward. Let's say 5% failure rate. Out of those 1/2 are in warranty and 1/2 out, leaving 2.5% affected. If half mod then only 1.25% are potentially class eligible. I suggest someone start a web site to track this issue to see if a large deep pocket firm might be interested. We are too small to take on this risk. Assuming 25k installed, and 1,000 engines to replace, that is 25 million in claims.
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Seems like a lot of money/risk involved. I wonder who coughed up the funds for the N54 Class action law suit. I know the OP reached out to them, so I'm curious how that is going to play out and what they will say. |
I think a bad fuel pump on a high volume engine would be a much easier case. What could you possible do to a fuel pump to make it fail?
I think failures in a limited run, 8400 rpm, high performance engine loosely based on a V10 designed for Formula 1 would not seem like a slam dunk win. I'm sure all of the track videos and pictures we post won't help.