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If you get a pre 2005 986 bake in the price of an IMS replacement if it hasn't already been addressed since many, many have been done. If you get a 2005 to 2008 987 prepare to pay more but remember the IMS can still be an issue and the replacement is a whole other can of worms. If you get a 2009 or later 987 prepare to pay even more but you will have no IMS issues.
But keep this in mind: Any car, Porsche perhaps more than others, requires vigilant preventative maintenance. The older it is the more may need to be done. An IMS failure is not the only thing that needs consideration when assessing a used Porsche. Don't let the IMS issue blind you from the dozens of other concerns you should take into account. So from that perspective a PPI from an honest reputable mechanic who understands M96 and M97 engines is important. $300 to $400 spent upfront may well be worth it.
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