Pricing Out Outboards

[Sfritr]

In a previous thread I mentioned that I almost ripped off my lower unit on a submerged log/stump. After hearing that my insurance would cover the cost I got to looking at my policy and noticed that the motor amount is covered for 8K. Boat is a 96 and so is the motor.

Thinking worst case scenerio what is the cost of a new 150? I have never even looked at pricing of the motor before without the boat attached. Any info on a used or new would be great. Thanks all

[Fishing Rhino]

MSRP around 12,500. Can be found on the 'net for 10,000+. Unless the discounters are near you you'll either have to pick it up or have it shipped. You always want to consider service as a priority to price, unless it's a big discount. A local seller is more likely, though not always, to give his customers priority when it comes to service. Just something to think about.

[Al Wolbach]

One additional cost, in your case, will be controls if you change brands of outboards. The last time I checked new controls where $700- $1000. Even though your outboard is insured for 8 thousand, if the blue book value is only say 4 thousand I don't think your insurance company will pay the greater amount. I hope I'm wrong but don't think so...................Al

[Jig Man]

Right now is the time to contact your insurance company and check your coverage unless it is a new policy. I have my agent review all my policies every year and we see what replacement value they will pay and adjust the policies appropriately. My rig was insured for $35,000 initially and now it is $17,000 as that is all they would pay if the boat motor and trailer were totaled.