58 5.5 Evinrude value
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- This topic has 23 replies, 14 voices, and was last updated 5 years, 3 months ago by crosbyman.
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December 4, 2018 at 7:50 pm #158677
I want to make an offer on a 58 Evinrude 5.5. I have no idea what it’s worth. I’ll try to describe its condition. Paint very shiny with only a few minor scuffs. Decals excellent. Everything original and appears to have been used maybe 10 times or less. No tank. Not currently running. Would need impeller, points , coils, etc. thanks
December 4, 2018 at 8:10 pm #158682A real beauty, but not a 1958. Try 1957
December 4, 2018 at 11:53 pm #158693That is definitely a 1957.
I paid $350 usd for mine in a little better conditionDecember 5, 2018 at 12:13 am #158697Did you pay $350 ready to run or did it need tune up and impeller?
December 5, 2018 at 7:29 am #158712It is running and is ready to run.
But the shipping added $225 to the total cost.
Plus the currency exchange and border fees.
The 4 gallon pressure tank was included in the costsDecember 5, 2018 at 9:04 am #158725If yours needs points, coils, condensers, impeller (the usual tune-up stuff) and also a pressure tank, that could cost you $200-300 alone. Adjust price accordingly. I’d also check compression before buying. It looks great on the outside, but I always rely on the old adage “let the buyer beware”.
December 5, 2018 at 1:54 pm #158749If I was in the market for a nice Evinrude of that vintage, that one is nice enough for me to pay a little more than normal. I have some I paid $75 for that run good….but they don’t look that nice.
December 6, 2018 at 8:44 pm #158856That 57 Fisherman is in beautiful cosmetic condition for sure. The question is whether or not it’s mechanical condition is that nice also. Do a close inspection, checking compression, looking at the gear lube condition (will probably be dark brown/black which is OK). Have a close look for damaged/cracked castings that may have resulted from being dropped or mishandled. You will need to assume the engine needs an ignition and fuel system overhaul, as well as a new water pump impeller, unless the owner can show it was properly serviced somewhat recently. The final question is whether or not the engine includes a decent (not rusted) pressure tank.
My last question is how much do you want this particular hp/year engine? You would be hard pressed to find another one in such nice cosmetic condition. If this engine is a “must have”, then you should be willing to pay a little more for it. Does the owner have an asking price? If so, what is that price? Don’t insult the seller with a low ball offer, that might just turn him off to selling you the engine at all. You can use the fact that the engine will need a good amount of servicing before it can be used regularly. The lack of a pressure tank (or if its tank is internally fouled/rusted) is a great negotiating point also….
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