Check this out, sounds like you have the same problem as I had.
You can't "... push down on the push lock pin to release the lock assembly from the steering column" if the bolt is jammed in the extended position.
http://986forum.com/forums/performance-technical-chat/75336-steering-locking-mechanism-problem-how-i-resolved.html
Good luck!
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Grant
Arctic Silver 2000 Boxster S - bought with a broken engine, back on the road with the engine replaced
Green 2000 Boxster 5-speed and 1978 928 auto
1987 924S 5-speed (Sold) - Blue 2000 Boxster 5 spd (Sold)
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