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Carfax should tell you the mileage on the car when it was first titled. If it is more than 100 miles, you can bet it was a loaner car. BUT, l have heard that Porsche makes dealerships mark certain cars as "in service". I think this has to do with dealer allocation for the next model year. If this was a car that sat in the lot for a few months, they may have marked it as in service even tho it wasnt a loaner or demo vehicle.
With this said, the dealership should definitely be able to tell you (with proof) the actual in service date. If not, Im with everyone else. Walk away.
I have a 2003 Seal Gray Boxster with 5000 miles in mint condition. I'm not ready to sell yet, but I just want you to know that there are many nice Boxsters out there.
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2003 Boxster Seal Gray/Gray
TIP
5000 miles (for some reason I'm proud of this) 
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