Seems high to me. The problem is you are at that point where an unknown used engine for that price and higher with any real use on it becomes a worse deal than buying a new one where you know the history that costs twice as much. The only way you can justify spending the money for a new engine, or a boat for that matter is to USE it. That's the only way you get your money out unless you're buying super cheap and flipping.
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1985 Wellcraft V-20, Evinrude ETEC 150: SOLD
1979 Marine Trader 44, twin Ford Lehman 120s
2006 Panga 14, Tohatsu 20
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