Ditto Dongaway's comments, you need to say where you live so we recommend an independant to inspect.
Turbo's tend to be one of the most reliable models of the Porsche range (especially now a days) as long as the car hasnt been abused, number of clutches is a good check, they should last c40k. Most of the day to day stuff consumable, brakes, services dont cost much more than std, they only thing they go through faster is tyres as there is 408 bhp being put down. In 3 years of ownership I had a MAF unit go on mine and a A/C condensor both c£400, They suffer the usual 993 body issues i.e. rust around front window particular along bottom end look under the rubbers, check straps etc
Expect all cars to have at least had the front bumper resprayed if not the bonnet due to stone chips
See below, I have a fuller version I can send you that covers turbo's, oil leaks, ECU's, upgrades etc its from a rennlist member in USA. I have just been reading as I'mback in the market.
A 1996-1997 993 Twin Turbo is one of the most exhilarating cars to own. In its stock form, the engine produces 400HP with 400 foot pounds of torque. Combine this power with a great suspension, and you have one of the most awesome cars that's ever been produced. The 993 Twin Turbo was the last of the air-cooled Turbos Porsche manufactured.
When looking at a 993 Twin Turbo for purchase, first and foremost be sure to have it checked out by a good
Porsche mechanic that understands Turbos. If you don't know of a good mechanic, a good source to find one in your area is to post on the Rennlist Porsche Boards. You can ask there if anyone knows of a good Turbo mechanic in your area. There is a 993 Board and a 993 Turbo Board. Here's the URL...
http://forums.rennlist.com/forums/ultimatebb.php Scroll down until you see the 993 or the 993 Turbo Board.
For the most part, the 993 Twin Turbos have had a very good mechanical record if the previous owner took good care of the car, and hasn't drag raced it. Above and beyond the normal things a pre-purchase inspection should look for, there are a few items the mechanic should specifically check for on a used 993 Twin Turbo.
Warped 1st Gear shaft - If the car was drag-raced, the 1st gear shaft could be warped. Have the mechanic down shift into 1st gear at 25 MPH and verify that it goes into 1st easily. Also have him listen to any strange transmission noises when down-shifting. Note: The 1st gear shaft was improved in the 1997 model.
Worn Turbo Bearings - If the car has been driven very hard and the previous owner didn't let the turbos cool off before shutting off the engine, damage to the Turbo bearings could occur and start to leak. Have the mechanic check the Turbos for oil leakage. If the bearings are leaking, the Turbos must be replaced. They aren't cheap.
Clutch - If the previous owner was drag-racing, the clutch can fail on a low-mileage Twin Turbo. The Twin Turbo is an all-wheel drive car and standing starts are hard on the clutch. Since it's hard to spin all four wheels, the clutch usually gets warn very quickly. Have the mechanic check it carefully.
Clutch Slave Cylinder - A problem with a some of the 993's is a defective Clutch Slave Cylinder. When depressing and releasing the clutch pedal, if a "Click" is noticed or if the pedal seems to 'hang-up', the slave cylinder is probably defective. It doesn't cost that much to have it repaired, but I would have the seller get it fixed before I purchased the car.
Proper Boost Levels - Have the mechanic take the car out and floor it in 3rd gear above 3,000 RPM. The boost should build quickly and the digital boost gauge should read .8 BAR. If the digital boost gauge reads a maximum of .5 BAR, the Motronic ECU is going into the "Limp" mode protecting the engine by limiting the boost. This is an indication of a possible severe problem. If .5 BAR is the maximum boost produced, the car needs to be taken to a dealership and the fault codes should be read to find what's wrong with the car.
Check Engine Light - If the mechanic sees the check engine light on, this means that something in the engine's pollution control system is defective. This could be something as simple as a defective oxygen sensor, or more serious as a defective catalytic converter. It could also be as simple as a defective gas cap.
Carbon Build-up Problem AMERICAN ISSUE- Additionally, the engine light may come on because of a problem with some small holes in the air pump lines getting blocked because of a carbon buildup problem. If a dealership discovers this anomaly, they will try to sell you a remedy that will usually include a valve job, cleaning these clogged holes, and probably additional expensive fixes. The dealerships make a lot of money on these repairs. Are they necessary? Maybe so, maybe not....
1996 -vs- 1997 Models - The 1997 model has a few improvements. These include:
An ECU that can be modified and re-programmed for much higher HP
Stronger 1st Gear Input Shaft
Upgraded Turbo Hoses