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SO… it all depends soft water or salty ???
step one… check the wiring if permitted …. if crumbling you may be able to convince the seller to drop the price… Marineengine.com lists a switch box at +300$ for the 9.8 Merc
but….I could not find ser#s starting 481…..
impeller ,carb, stuck shifter should be easy fixes . seems some drive shafts did rust in Mercs maybe yours is stainless steel (experts here can tell)
check lower cavity around the GC to clear the drain see pict of a 4hp !! check GC for water intrusion
if you can convince the seller and grab it for 1-2-300$ and you do spend 3-400$ you will end up with real nice kicker much cheaper than new and with TLC will last for years
this 4hp on my rig with phase maker ignition was dirt cheap. I did the carb GC, and reconnected a poorly connected ignition coil … & now purrs like a kitcken all day& sips fuel
SO… It depends they are not all bad
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