Looks like Ronald McDonald got all hooped up on a mcflurry and wrecked his car... That things horrible. I hope nobody got hurt in that wreck, but that thing may be better off not being on the road.
I looked at a white S before I bought my car and it had a blue interior and a blue top which was a deal breaker for me.
Re the yellow car - funny that the emblems are missing from the rear decklid but if he resprayed the car why are the bumperettes unpainted black? Also, the exhaust tip is standard Boxster but the calipers are painted red like an S.
I think it is original paint on the body and it wouldnt surprise me if the wheels were too. Obviously the owner painted the calipers red. The scheme is reminiscent of the 968 CS an amazing car in my opinion.