Hi there chap. I have recently purchased a 2002 S on 78,000 miles after having a drive in one and falling in love with it. As with most cars, there are certainly things to watch out for and a few horror story's too. I had a little read up before taking the plunge.
Since buying the car, I've had the mass air flow sensor fail and have found a small array of faults that will be rectified shortly. These include rear anti-roll bar rubbers worn, Litronic head lamp cutting out after a long drive (sometimes), possible rear wheel bearing noise every now and again, some moisture in the boot around the coolant cap, starter motor over run squeal (seems to be quite common), the convertible roof closes on the outside of the plastic cover on the nearside (cable tension I believe - seats correctly if you guide it at half fold), rattling catalyst heat shield and the nearside rear load angle sensor for the Litronic headlights has snapped at the mounting point. Sounds extensive although I am rather finicky and in reality, these are mostly niggles, some of which I spotted on viewing and driving the car, but I really am keen to get the little jobs sorted.
Something which plays on my mind is the IMS (intermediate shaft) bearing. I will be having this replaced shortly for piece of mind.
I drove a boxster with the basic standard stereo (dash speakers only) and to me was a dilution to the driving experience. The sound pack is a must in my opinion and the Bose upgrade which I have in mine really is a delight!
The MPG readout is showing around 30-35mpg on a normal 70mph motorway run, 25-28mpg with mixed environments and 20-25mpg when on the loud pedal with reasonable frequency [
![Big grin :D :D](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
] I don't think I could ever get bored of that horizontally opposed engine!
With your budget, I'd say you would be able to get a good example with some cash to freshen up some areas of the car that may require some TLC.
If the above puts you off, don't test drive one otherwise you will buy one [
![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
]