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My Boxster was just about as cheap as they got back two years ago, at around $9500. I can say I've comfortably spent that much again just repairing things that have gone wrong with it.
It may be a great car, I can see that it has a rebuilt title on it, so it probably is a better car than the price would have people think.
I just learned my lesson, when buying a car like this, it's better to spend a bit more upfront.
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