[Jeph]

Hold up, before we go down the IMS failure road, let's back up to the price of this car. It seems your dad's possible deal is more along the lines of average rather than "cheap." A 2000 with that many miles goes for just under 15k (private party). I'd say a good deal tops off at 13k for this given car.

Now then, as for the IMS, I don't have solid stats. But I do think you've been spooked by the online horror stories. But if it makes you feel better, go for the warranty.

And if that doesn't make you feel better, just get the S2000.