[thstone]

My advice:

• Do as much research as you can. Know what you're getting into. You'll have to make your own decision about the risk of an engine failure.

• Have a Pre-Purchase Inspection done by a qualified mechanic or a dealer. A car might run great but have $1,500 of needed maintanence. Again, know what you're getting into.

• Decide on a budget for the purchase and stick to it

• Decide if you want a daily driver and won't freak if you get a paint chip or if you're lookging for a weekend garage queen, or something in between. Consider autocross or track days if you might be inclined. Just know what you want.

• Newer is usually better (987 vs 986) but be sure and drive both so you can decide for yourself

• Don't be in a hurry. Tons of Boxsters for sale and they aren't going up in price. There is no need to overpay because you can probably find 3 cheaper cars exactly like whatever you're looking at.

• IMS replacement is a nice to have but there are still 20 other ways the engine can fail. Don't overpay for this (or any other) upgrade.

• Keep $2,000 in reserve for unplanned repairs (clutch, brakes, tires, MAF, O2 sensors, etc)