Reply To: What model is this?

[Sam M.]

I think this is a 1962 Evinrude Lightwin, 3hp, with a weedless lower unit.

The value depends on a lot of factors.  For example:

• Is the location near lots of collectors or not?  If there is little demand for older outboards in your area, you shouldn’t have to pay very much.  I would say definitely stay under $200 unless it will be scrapped otherwise.  I would not pay $200 for it, unless it is in that kind of danger.  You may very well be able to buy it for under $100 dollars, but the seller may then hesitate about the price.
• Has it been taken care of, both in terms of mechanical service history and overall treatment?  From the shown angle, that one looks in good cosmetic condition, but check if it is original.
• Are you certain it runs well?  If you have the seller test run it for you, make sure the water level is above the impeller and they mixed in enough oil in the fuel mix before starting it.  Common things to look out for are unclean gear oil (showing lack of maintenance), cracked ignition coils, an old impeller and an unclean fuel system.
• How many components are original, replaced, significantly damaged or missing?