It's all over for that plane. Here's why:
mtv wrote:The problem is this: how do you get the salt water residue out of all the lap joints, seams and rivet holes?
The only way to get the salt water residue out from between the lap joints, around the rivets, under paint defects, etc., is to disassemble or strip the affected parts and clean. Is it economically feasible to do that? Maybe if we are talking about a P-38 or a P-51, but not a run of the mill plane. Of course, if you buy the plane at the right price you can treat at as disposable and part it out in three years when the corrosion becomes an issue.
Oh, and was the salt water placid (i.e., inside a hangar) or wind blown (i.e., standing outside where waves would cause the actual depth of submersion to be greater)? The effective depth of submersion might be much greater than what's stated in the ad.