If your Boxster was involved in an engine replacement

[Wallace River]

Here's some reading for you.....
IMS Class Action Suit 2001 through 2005 owners win Update Mar 12 - Rennlist Discussion Forums

[jdlmodelt]

The serial number on mine had some special letters in it that indicated it was a Porsche factory rebuild. Mine is a 99 and then engine cratered with the PO in 2008 with 37k miles on it and was replaced at that time with a rebuild direct from Porsche.

[Giller]

7. If my Class Vehicle has not experienced IMS related engine damage, am I included?
Yes. Under the terms of the settlement, if your Class Vehicle experiences the condition after mailing of Class Notice you may be eligible to receive payment for repair of the IMS related engine damage, including the cost of replacing or repairing the engine. However, no Class Member will be entitled to any payment or reimbursement for any IMS related damage occurring to a Class Vehicle more than ten (10) years after the vehicle was placed in-service, or after 130,000 total miles on the vehicle, whichever comes first.

Since all of our cars are outside the 10 year limit (986's), I do not believe we are covered? I think at this point it boils down to buyer-beware.