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Bought in 2007 a Mazda 3 base model for the kids, was a salvage title because it was one of the hundreds of Mazdas which were flodded in NJ.
We got lucky because no electrical problems, no issues, only 70 mls, for $ 12,500 out the door in Utah.
We figured once the kids are done with the car the car is done.
Fast forward to June 2012, car was totalled by one of the kids (not her fault, somebody ran her off the road), insurance gave us $ 12,485.......
So, flood/water damage can be very risky. Would usually not buy. In your specific case I would have a PPI done and check the electrics/electronics, especially all the wires and connections. Water can get into very unpleasant places and creep everywhere. Maybe today everyting works but longer term they may be really bad effects.
Later,
Andy
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'14 Boxster
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