My first Boxster was a 1999 for $5,000. It had lots of minor problems, but didn't
need anything done to be a fun daily driver. Because of the relatively low entry cost (Most Boxsters were going for about $10K at the time), I was comfortable learning and doing my own work. For me it worked out well. I enjoyed and improved the car, then sold it and bought more. ...and more. Just be aware that these are all about 20 years old at this point and there is risk of failure in ANY 20 year old car
The right car for you depends a lot on you. The questions you've asked have been asked and received a broad range of answers; some contradictory, but still correct. Here's a few thoughts off the top of my head:
- 1999s are the best all around 986.
- If you don't buy an S model you will regret it.
- Replace the IMS bearing immediately if you have a 2001 or later.
- Don't worry about replacing the IMS bearing unless you worry about the IMS bearing.
- Buy the newest, lowest mile car that you can afford.
- Stay away from low mile cars, ones that have been driven and maintained will hold up better.
- Don't consider buying a 986 without having a PPI done by a Porsche specialist.
- Why pay $350 to have a $5,000 car inspected at a shop?
- A car with 100,000 miles should have the whole suspension replaced with new parts for $10,000 at a dealership.
- Yep, there's a little rattle when I go over bumps, but it drives fine.
I'll stop there, but it's all been written over and over.
For you I'll advise: Look at cars for $7k to $9K. Offer $6K to 8K. Do not buy one with major paint damage - Paint is expensive and it should hold up well on these cars unless it has been in an accident or been neglected. Buy one that has had frequent oil changes. Operate the top and the windows and the locks. Two keys are good. Just one key is a $500 discount on a higher priced car. If the money you are spending matters, have a PPI done. S model or base does not matter. ...unless it matters to You. Fun is fun.
Welcome to the forum.
