Thanks for asking. Your V50 is similar to one of the comps that showed up in the 15 page, CCCOne Market Valuation Report prepared for USAA that valuated our V50 at $7,259.25. Essentially, there was nothing wrong with the car from my viewpoint. Everything electrical (eg., power seats) exposed to water worked just fine. CA is a very litigious state. The body shop didn't want to remove/dry/reinstall the interior because they told me they'd be responsible for the car "forever." Underwater? The seat motors were underwater, but the shop pointed out that the side airbag connections had been compromised as they were under the carpets on the floor, so also under water. The point was made that maybe next week, or maybe a year from now, there could be a problem. Apparently as a policy matter, the insurance company simply doesn't "fix" water damaged cars. If our Volvo was new or only a few years old, they still would have declared it a total loss. We could have bought back the car, obtained a salvage title and "fixed" it, but all in all, given having gotten great service for almost 19 years, we decided to let it go. As my wife's daily driver, I simply couldn't risk future problems. New battery, lifetime Koni shocks and more, but that was then. Now - it's gone. Tell you what, after realizing that my wife's Thai CDs were still in the changer, I drove to the COPART yard near the Mexican border to retrieve them. Seeing our "perfectly good V50" brought to me hoisted on the super-long front forks of a huge front-end loader which dropped the car in front of me, thus allowing me to retrieve the CDs? So sad. Of course, the car powered up just fine and the CDs came out one by one. If you have a water-filled Volvo, prepare for it to be declared a total loss.