Skip to content

The Easy Way to Finance a New Outboard for Your Boat

Mercury repower financing powered by Sheffield Financial

The Easy Way to Finance a New Outboard for Your Boat

Repowering your boat with a new Mercury outboard is one of the most cost-effective ways to extend the life of the boat you already love. When an older engine reaches the end of its service life or parts become difficult to find, replacing the engine is often far more affordable than buying a new boat and engine package. Instead of starting over with a brand-new rig, repowering allows you to keep the hull, layout and setup you already know and trust while gaining the performance, efficiency and reliability of a modern engine.

Over recent years, more boat owners have chosen to repower for this reason. For many, it is the smartest financial decision when they want dependable performance without the expense of purchasing an entirely new boat.

The Advantages of a New Mercury Outboard

A new Mercury outboard can make your boat feel like new again. New engines deliver improved fuel economy, smoother operation and advanced marine technology compared to older models. You also gain the peace of mind that comes with Mercury’s standard limited warranty. When your Mercury Authorized Dealer uses genuine Mercury gauges, controls and rigging, the warranty coverage for those components matches the total warranty of your engine, so you are fully covered right down to the controls and gauges.

Depending on your engine and horsepower, you may also be able to upgrade to SmartCraft digital technologies with features such as

  • Active Trim
  • Adaptive Speed Control
  • Digital Throttle and Shift

Including controls and rigging as part of your repower can help modernize your entire setup and improve overall boating enjoyment. Read more about things to consider when repowering here.

Making Repowering More Affordable

One common misconception about repowering is that it requires a large amount of cash upfront. In reality, financing options are available to help make the investment more manageable.

Through Mercury Repower Financing powered by Sheffield Financial, boat owners have access to financing options designed specifically for eligible repower projects. Sheffield Financial offers a simple online prequalification process that takes only minutes and does not affect your credit score. From there, you can complete a digital application and work directly with your local Mercury Authorized Dealer to finalize your repower.

Competitive fixed rates, payments and loan terms are available to qualified buyers. Sheffield Financial is a division of Truist Bank and a safe, secure and trusted partner of Mercury Marine.

What Can Be Included in Repower Financing?

Eligible repower projects may include:

  • New Mercury outboard engine
  • Genuine Mercury gauges
  • Controls and rigging components
  • Installation labor

Including these components in your financing can make it easier to take full advantage of modern features and technology upgrades while completing the project in one seamless step through your Mercury dealer.

Ready to Start Your Repower?

If your current outboard is aging, unreliable or costly to maintain, upgrading to a new Mercury engine can give your boat new life while helping you avoid the cost of purchasing a brand-new package. Visit the Repower Financing page to learn more about available options or contact your local Mercury Authorized Dealer to discuss your repower project.