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It is true, one thing can go wrong and it could cost you $2500 or more. After all, it is a 20 year-old German car, just like your family member said! That is the gamble of owning a German car, particularly a Porsche.
My fifteen year-old Boxster had a sticker price of over $50K when new, so it's an expensive car, even though I only paid $4500 for it (it was a project car). The cost of the parts are really high, so now I've got over $10K into it. The saying is that one way or another, your Boxster will be a $10K or 15K or whatever car no matter what the price was to start with.
And that's why a good PPI is almost a necessity (although it can't identify everything that can go wrong). If it were me, I'd use a reputable independent shop, not a dealership. The indie will know a lot more about the twenty year-old Boxster than the dealer, because no one takes their twenty year-old Boxster to the dealer.
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