No, at that point you can expect electrical troubles for life, engine was flooded with water and mildew will form in closed areas giving bad odors. Flooded cars are totaled. I think you can save such a car if you disassemble, dry all parts and reassemble everything, so basically, the work exceeds the value of the car.

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Mihai

1988 420sel
1973 porsche 914 2.0 (Deceased)