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True, and they assure the cars are "throw away" cars. Porsche 928s were truly fabulous and costly cars. They still are very respectable in terms of performance. BUT they were early crude computer cars and their electrical/electronics systems as they age make it so they are constant problems. I had 2 that I bought used for cheap. WONDERFULLY excellent handling for a GT 2+2 and plenty quick with the manual tranny. But something was ALWAYS wrong with them electronically or electrically. A REAL pain in the ass. More than once I was in the garage of a 928 expert tracking down some electrical/electronic issue. Finally I said "to hell with this! I want a car to drive, not to fix." They became known as "trailer babies." (taking them to be fixed) - though their drive train was good for 300,000 miles.
For cars made today, when their computers die the car will die with it, the way for older cars when you blew the motor or tranny it wasn't worth fixing.
A flooded car now is always totaled and given a salvage title for the reason you gave. Because the computers now also are safety related, they are never considered safe again.
BUT the computers give levels of performance and safety that could not exist without them. So the love-hate thing.
But don't you always have in the back of your mind that it will fail when you are going fast?