Let me 'chime' in for just a minute! As was mentioned, there are three components at work here. An Anode, a Cathode, and an electrolite. On our older Gas Piplines, IE coated steel, we use magnesium anodes that are buried adjacent to the pipe line. The process is, that when stray current enters the line through breaks in the coating, it travels through the steel line until it reaches a tapped and sealed wire, that leads this current to a block of magnesium. It's when the electrons disipate into the wet soil, (electrolite), that it removes material (Rust/Corrosion) from the parent metal. In this case, the magnesium is sacrificial and as the current disipates., It removes miniscule particles of the anode (Magnesium) rather than the wall of the steel pipe. So, that said, Your car would be protected if you buried it, or submerged it, to provide the needed electrolite. We had guys over the years steal anodes, put them in the trunk of their cars, wire them to the frame, and, and thought their cars would last forever! Not true! No Electolite!! ~Scotty