@RobbiZ4,
I could not say either way if the dealer knew it was taking this much water in without the service history (which they promised, and I have requested on at least 5 occasions and emails). I would guess it was known as they had an extensive list of serviced items before the sale including a new battery, and as you point out, there is a LOT of corrosion and rust on the terminals of the fused distro block.
The great news is @RobbiZ4, @Smartbear, @Chippie, and @Javis20; you helped me get my new-to-me car to a functional state. Thanks to your excellent advice, RobbiZ4, I found the motor with some water; you saved me a bag full of money here in the US ($4800.00 dealer price and $700.00 remanufactured)!!! You Rock!
I purchased the Salmon solenoids at the local dealer and ordered the red fused-distro box, vents, rear-light gaskets, top fender gaskets, and a new foam box for the hydraulic unit. I cleaned and checked the continuity of the existing red distro box, installed the solenoids, and re-assembled the hydraulic unit's drive motor and the top functions as before.
I wrapped the hydraulic unit in a bath towel and took the car for a spirited ride last night and did have a minimal amount of water reappear, I will continue the drying process today since I can now get the trim parts out that required the deck lid to pivot backward.
RobbiZ4, I purchased the car as-is based on the years and 163k miles of used - no warranty; this means I would have to hire an Attorney to try to get relief from the dealer if they do not do it from the leverage of a damaged reputation; they are large with 200 locations (Google reviews can be powerful).
Now here is what you all already know; this car is wonderful to drive. I feel like I have one of my old 280's back, only nice! and the GT6s and TR6s never felt like this car (I am telling my age now). I have multiple decades of professional experience in the Automobile business and have driven hundreds of cars, and I am very pleased; this car drives like it has 20k miles on it. The new tires I installed last week are great, and it looks wonderful (235/40R18 and 265/35/R18 Potenza RE980AS on new BMW 276 style 8" and 8.5").
Thank you all so much for helping me through this water issue, I will try to reproduce the leak when I can get all the interior trim removed from the trunk and I get the replacement parts that were ordered.