My 1999 Boxster was recently diagnosed with the apparently very common intermediate shaft failure (IMS failure). The big surprise came when I heard the only way to fix this, is a complete engine replacement; $12000 for the part alone! Add the hours needed to put it in, and this is more then the cars current value.
The car has 62000 miles on it and had every scheduled service, done by
Porsche certified shops.
When I approached Porsche to help me out, they had a good laugh and told me that the warranty expired 6 years ago. Even after I pointed to the "Implied Warranty of Merchantability and Fitness of Purpose" regulation in this country, and told them that nobody would buy a car knowing that it's engine will disintegrate after 62000 miles, they had nothing to say. I guess my fault for trying to keep the car in good shape and not driving it enough so that the failure would occur within the warranty period.