This is a bad idea..... My 2000 Boxster S had at least 3 mechanical incidents in the first year of ownership that would cost more than $1000 to fix if I didn't have ability, confidence (foolhardiness), tools, and hydraulic lift access that I do. As it was, I STILL wound up paying out about $4k in parts (including brakes, clutch, tires) in my 2 years of 986 ownership. I bought my 987S largely because it has a warranty. You can do wayyyyy better with a hot FWD car performance for money wise, like Honda, DSM, or even a Matrix S, although I'd buy a $1500 Miata instead....
Just wait til you see how much it costs to get a knowledgable Porsche guy to fix what your bro-in-law can't.... Also, a 2.5 Boxster will get smoked at the lights by most of the cars you want to "race" anyway, they're built for cornering, not straight lines.
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"Betty" -- 2000 Boxster S, Triple Black, loaded except PSM (sold to a good home)
"Veronica" -- 2008 Boxster S, Arctic Silver on Blue
"Maleficent" -- 2007 Cayman S, Red and Black, TPC Turbo 3.6L 460 RWHP, H&R RSS Coilover / TPC stage 2 suspension
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