I BOUGHT A 1990 MERC. COUGAR IN 1992 FROM A DEALER WHO BOUGHT IT FROM THE INS. CO. IT WAS IN THE AUTO/LOCATOR MAG. IT HAD 28,000 MILES ON IT  IT WAS FLOODED IN NJ. I HAD IT ROLLBACKED HOME HERE TO PA. FIRST THING I DID WAS DRAIN THE OIL IN THE MOTOR AND FILLED IT BACK UP NEW FILTER TOO .SECOND THING I HAD THE TRANS. DRAINED NEW FILTER AND FLUIDS BACK IN IT.  I TOOK ALL THE SEATS OUT PUT NEW CARPETING IN REPLACED THE ELEC. MOTORS UNDER THE FRONT SEAT/AND SWITCHES TOO. WE DROVE THE CAR ANOTHER 80,000 MILES NO MAJOR PROBLEMS WITH IT TIL THE HEAD GASKET WENT---FACTORY USED THIN GASKETS ON THEM AT FORD MOTOR CO./ WE HAD THEM BOTH REPLACED AND 5  MONTHS LATER SOLD IT!   A YOUNG KID  THAT LIVED HALF BLOCK AWAY BOUGHT IT HE WAS 16YRS OLD NEW LIC.  HE HAD IT FOR 6MONTHS AND WRECKED IT--------TOTALLY--------SO I WOULD BUY ANOTHER FLOODED  CAR OR TRUCK BUT BE SURE TO KNOW HOW HIGH THE WATER ROSE INSIDE THE CAR!!    TJ