$1200/yr will keep you in good shape for tires and oil changes, not much else. If you're going to do basic maintenance yourself, I think ~$2k/yr is a generous figure. Put $175-$200/month away in a reserve fund so it'll be there when you need it. For a low mileage 987 you may very well have a couple of years of not much more tires and oil changes (aka "free lunch").
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