$29.5K is a bit expensive. I would look more before deciding. For the same kind of money you can get a Boxster S. I just did a quick search on autotrader.com and came up with a lot of 00'-01' Boxsters across the nation that are around $30k. This is an example:
http://autotrader.com/fyc/vdp.jsp?num_records=&car_id=164498515&make=POR&model=BOXSTE&transmission=&distance=any&address=13205&advanced=n&certified=n&max_mileage=&subseries=&max_price=30000&dealer_id=66574&sort_type=&max_records=&first_record=226&end_year=2005&color=&start_year=2000&drive=&engine=&body_style=&advcd_on=n&doors=&fuel=&&ac_afflt=none
The 2.5L engine is has 201 HP. The 2.7L has 227 HP I think. The 3.2L has around 250 HP.