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In the current market that comes across as a pretty good deal. But you do need to go in eyes wide open. I bought my 99 2.5 without getting a PPI. I didn't feel the risk was worth spending another $400+ plus. But, I was also prepared to to pay for a new engine if I needed to. Thankfully, I don't. At least not to this point.
The suspension advice is true. I've already replaced rear track arms, front outer tie rod ends, rear drop links, and motor mount. I still need to replace all struts, control arms, and probably a couple other things too.
Still, the car is a blast to drive. So, like others have said, set aside some money, get it checked out if you must, but I wouldn't let the price keep me away unless I was sure they were about to drop in the next couple of months.
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Boxster
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