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Old 01-29-2016, 12:39 PM   #14
78F350
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Join Date: Jul 2014
Location: Oklahoma
Posts: 3,665
Garage
So:
It's very likely not the headgasket.
It could still be fairly minor, or need a replacement engine.
You need to troubleshooti further.
Engines can be had for ~$2,500.
A wrecked boxster with a donor engine can be found for not much over the price of a used engine.

How is the oil? Without completely draining it, you can pull the filter and get a look.
Depending on the problem you may be able to replace (just) the complete head fairly cheap.
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