Buyer's Guide
What to know before purchasing a 987
Overview
The Porsche 987 Boxster/Cayman (2005-2012) represents a significant evolution from the 986, with improved styling, more power, and the addition of the Cayman coupe variant. The mid-engine layout delivers exceptional handling, and many consider the Cayman one of the best-handling cars Porsche has ever made. Like the 997, the 987.1 (2005-2008) has IMS bearing concerns while the 987.2 (2009-2012) with DFI engines does not. The Cayman R and Boxster Spyder are particularly desirable.
Quick Facts
Production
2005-2012
Total Produced
~150,000 worldwide
Price Range
$20,000 - $80,000+
Best Years
2009-2012 (987.2 with DFI engine, no IMS)
Model Variants
Boxster / Cayman
2005-2012
Base models with 2.7L (240-255 hp) or 2.9L (255 hp). Excellent entry point.
Desirability:
Medium
Boxster S / Cayman S
2005-2012
Performance models with 3.2L/3.4L (295-320 hp). Better brakes, LSD available.
Desirability:
High
Cayman R
2011-2012
Lightweight special with 330 hp, sport suspension, and bucket seats. The driver's choice.
Desirability:
High
Boxster Spyder
2010-2012
Lightweight roadster with manual top, 320 hp, and aggressive styling. Very desirable.
Desirability:
High
Pre-Purchase Inspection Checklist
Critical areas to examine before purchasing. Bring this checklist when viewing a 987.
Engine (987.1)
-
IMS Bearing Status
987.1 (2005-2008) has improved IMS bearing but failure is still possible. Verify if retrofitted.
If bad: $2,000-3,500 for retrofit
-
Bore Scoring
M97 engine can develop bore scoring. Listen for knocking, check for smoke.
If bad: $10,000-20,000
-
Oil Consumption
Some consumption is normal. Excessive consumption indicates bore issues.
If bad: Varies
Engine (987.2)
-
No IMS Concerns
987.2 (2009-2012) DFI engines have no IMS bearing. Major reliability improvement.
If bad: N/A
-
Carbon Buildup
DFI engines can develop intake valve carbon deposits at high mileage.
If bad: $500-1,000 for cleaning
-
Direct Injectors
DFI injectors can fail causing rough running.
If bad: $800-1,500
Transmission
-
Manual Transmission
6-speed manual is robust and engaging. Test all gears.
If bad: $2,000-4,000
-
PDK (987.2)
Dual-clutch is fast and smooth. Check for shudder or harsh engagement.
If bad: $2,000-5,000
-
Clutch
Manual clutch should engage smoothly. Mid-engine makes replacement easier.
If bad: $1,500-2,500
Body & Convertible
-
Convertible Top (Boxster)
Test operation. Hydraulics and cables can fail.
If bad: $1,000-2,500
-
Manual Top (Spyder)
Spyder has manual top. Check fabric and frame condition.
If bad: $500-1,500
-
Window Regulators
Test both windows. Less problematic than 986 but can fail.
If bad: $300-600
Suspension
-
PASM Shocks
If equipped, test in all modes. Shocks can develop leaks.
If bad: $2,000-4,000
-
Control Arm Bushings
Common wear item causing clunks and handling issues.
If bad: $400-800
Pricing Guide
Prices as of 2026. Values vary by location, options, and market conditions.
Project Car
$15,000 - $25,000
987.1 cars with unknown IMS status or significant issues.
Driver Quality
$25,000 - $40,000
Good 987.1 S or entry 987.2 examples. Daily driver ready.
Excellent
$40,000 - $60,000
Well-maintained 987.2 S, Cayman R, or Boxster Spyder.
Concours / Collector
$60,000 - $100,000+
Low-mileage Cayman R or Spyder with documentation.
Red Flags - Walk Away If...
- 987.1 with unknown IMS status
- Evidence of bore scoring
- PDK with shudder or rough engagement
- Water damage from clogged drains
- Salvage title without documentation
- Heavy track use on street car (Cayman)
What to Look For
Desirable features and options that add value:
- 987.2 (2009+) for no IMS concerns
- Cayman S or Boxster S for best performance
- Manual transmission for engagement
- Complete service documentation
- PASM adaptive suspension
- Sport Chrono Package
- Cayman R or Boxster Spyder for collector potential
Ownership Costs
Insurance
$1,000-2,000/year
Annual Maintenance
$1,500-3,000 for regular service
Common Repairs
$800-2,000/year typical
Fuel Economy
20-27 MPG
Expert Tips
- The 987.2 is the safest buy with no IMS bearing concerns
- The Cayman is often considered the best-handling Porsche
- Cayman R and Boxster Spyder are appreciating classics
- Manual transmission is more engaging but PDK is faster
- 987 parts are more affordable than 911 parts
- The mid-engine layout makes certain maintenance easier
- Join Rennlist.com for excellent owner community
- Budget for consumables but enjoy lower running costs than 911
Common Issues
Known problems, symptoms, and solutions for the 987 platform
Symptoms: Metallic debris in oil, grinding noise, oil pressure warning, catastrophic engine failure
The 987.1 (2005-2008) uses the M97 engine which has the IMS (intermediate shaft) bearing that can fail. This dual-row bearing supports the intermediate shaft that drives the camshafts. When it fails, metal debris contaminates the engine and failure is catastrophic. The 987.2 (2009+) uses a different engine design with no IMS bearing concern.
Estimated Repair Costs
DIY
$500-1000
Shop
$2000-3500
987.1 only (M97). 987.2 has different design - no IMS concern.
Common Fixes
- 987.1: Proactive IMS bearing replacement highly recommended
- LN Engineering or IMS Retrofit single-row bearing upgrade
- Regular oil analysis to detect early bearing wear
- 987.2: No IMS bearing - not a concern on these models
- Always verify production date when purchasing a 987
Common Parts
| Part |
Part Number |
Est. Price |
| IMS Bearing Retrofit |
LN Engineering |
$400-600 |
| IMS Guardian |
LN Engineering |
$80-120 |
Symptoms: Ticking/knocking noise, smoke on cold start, excessive oil consumption, low compression
The M97 engine in the 987.1 can develop cylinder bore scoring, where the cylinder walls become damaged, allowing oil to bypass the piston rings. Cylinder 6 is most commonly affected due to cooling system design. The 987.2 with the MA1 engine has improved cooling and does not have this issue.
Estimated Repair Costs
987.1 M97 engine. Borescope inspection recommended.
Common Fixes
- Borescope inspection essential for pre-purchase (987.1)
- Minor scoring: monitor with oil analysis, use quality oil
- Moderate scoring: cylinder sleeving by specialists
- Severe scoring: engine rebuild or replacement
- Prevention: proper warm-up, quality oil, avoid short trips
Common Parts
| Part |
Part Number |
Est. Price |
| Cylinder Sleeving |
LN Engineering |
$800-1200/cyl |
Symptoms: Oil drips from bell housing area, oil smell, clutch slipping (manual), burning oil smell
The M97 engine in the 987.1 can develop rear main seal (RMS) leaks, similar to the 997.1. Oil leaks onto the clutch in manual transmission cars, causing slippage. The leak can also affect the intermediate plate seal. This is less common in the 987.2.
Estimated Repair Costs
DIY
$400-800
Shop
$1500-2500
987.1 shares RMS issues with 986/996.
Common Fixes
- Rear main seal replacement (requires transmission removal)
- Replace clutch if contaminated with oil
- Often combined with IMS bearing upgrade to save labor
- Use updated seal design for longer service life
- Inspect intermediate plate seal while apart
Common Parts
| Part |
Part Number |
Est. Price |
| Rear Main Seal |
99710322571 |
$30-60 |
Symptoms: Smoke from exhaust, oil consumption, rough idle, check engine light, vacuum leaks
The AOS separates oil vapor from crankcase gases. When it fails, oil is drawn into the intake manifold and burned, causing smoke and consumption. The AOS diaphragm can also tear, creating a vacuum leak that affects idle quality. This affects both 987.1 and 987.2 models.
Estimated Repair Costs
DIY
$200-400
Shop
$400-800
Both 987.1 and 987.2 can have AOS issues.
Common Fixes
- AOS replacement (located under intake manifold)
- Replace vacuum lines while accessible
- Updated AOS design available for better durability
- Check for collateral damage from oil in intake
- Clean throttle body if oil contaminated
Common Parts
| Part |
Part Number |
Est. Price |
| AOS Assembly |
99710704453 |
$200-350 |
Symptoms: Coolant loss, overheating, coolant warning, sweet smell, puddles under car
The 987's mid-engine layout requires long coolant runs from the front-mounted radiators to the rear engine. Plastic coolant pipes, water pump, and expansion tank all degrade with heat and age. Coolant pipe failure can cause overheating and engine damage if not addressed immediately.
Estimated Repair Costs
DIY
$200-400
Shop
$500-1000
Same plastic pipe issues as 986. Aluminum upgrade available.
Common Fixes
- Replace plastic coolant pipes with aluminum upgrade
- Replace water pump with metal impeller version
- New expansion tank (common failure point)
- Replace thermostat during cooling system work
- Flush and refill with proper coolant mix
Common Parts
| Part |
Part Number |
Est. Price |
| Coolant Pipe Kit |
Various |
$150-300 |
| Water Pump |
99710601106 |
$120-200 |
Symptoms: Top won't open/close, slow operation, error messages, hydraulic leaks, torn fabric
The Boxster's power convertible top is complex and can develop issues. The hydraulic pump and rams wear, causing slow operation or failure to complete cycles. Microswitches fail, preventing operation. The fabric top itself wears and can develop tears or leaks at seams and the rear window.
Estimated Repair Costs
DIY
$100-400
Shop
$400-1500
Boxster only. Hydraulic system issues common.
Common Fixes
- Hydraulic fluid top-off (use correct fluid)
- Hydraulic pump and ram replacement
- Microswitch adjustment or replacement
- Top fabric replacement for tears or worn seams
- Rear window replacement if delaminating
- Convertible top reset procedure after battery disconnect
Common Parts
| Part |
Part Number |
Est. Price |
| Hydraulic Pump |
98756160901 |
$400-700 |
| Microswitch |
Various |
$30-60 |
Symptoms: Rough idle, misfires, reduced power, hesitation, poor fuel economy
The 987.2 uses direct fuel injection (DFI) which doesn't wash the intake valves with fuel. Over time, carbon deposits accumulate on the intake valves, affecting airflow and combustion. This requires periodic cleaning via walnut shell blasting, typically every 50,000-80,000 miles.
Estimated Repair Costs
DIY
$200-400
Shop
$500-1000
987.2 DFI engines. Walnut blasting every 50-80k miles.
Common Fixes
- Walnut shell blasting to remove carbon deposits
- Chemical treatments (less effective but less invasive)
- Catch can installation to reduce oil vapor deposits
- Use quality fuel with good detergent additives
- Periodic spirited driving to help burn off deposits
Common Parts
| Part |
Part Number |
Est. Price |
| Walnut Media |
N/A |
$30-50 |
| Intake Gaskets |
9A111023500 |
$20-40 |
Symptoms: Window won't go up/down, grinding noise, slow window operation, window drops
The 987's frameless windows use regulators that wear over time. The cable-driven regulators can fail, causing the window to drop or operate erratically. Since the windows must drop slightly for the door to open and close, a failed regulator can make it difficult to close the door properly.
Estimated Repair Costs
DIY
$100-200
Shop
$300-500
Frameless windows. Adjustment and regulator issues.
Common Fixes
- Window regulator replacement
- Motor replacement if regulator is intact but motor failed
- Check door seal condition when windows are serviced
- Lubricate window guides during service
- Window reset procedure after replacement
Common Parts
| Part |
Part Number |
Est. Price |
| Window Regulator |
98754207504 |
$150-250 |