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Repower Financing

Mercury Marine Financing

Mercury Repower Financing Powered by Sheffield Financial

Mercury has partnered with Sheffield Financial, a leader in retail lending, to offer simple, easy and fast consumer financing options for boat repowers. Sheffield’s online prequalification and digital application process makes it easy to affordably complete your repower project with the new Mercury engine and rigging you’ve dreamed of.

  • Prequalification won’t affect your credit and only takes a few minutes.
  • Competitive fixed rates, payments and loan terms are available
  • Sheffield Financial is a division of Truist Bank and a safe, secure and trusted partner of Mercury Marine

Repower Financing FAQs

View our Frequently Asked Questions about our Repower Financing program.

Repower Financing FAQs

Tips for Repowering Your Boat

Ever since the Great Recession of 2008, it seems like the number of people repowering their boats grows significantly each year. Why? The obvious answer is that when an older outboard engine reaches the end of its service life or the parts to fix it become difficult to find, it’s much cheaper to repower than to buy a new boat-and-engine package.

Read about things to consider when repowering

You're fully covered. Right down to the controls and gauges.

The outstanding warranty coverage on Mercury engines also extends to the controls and rigging components on your boat. When your Mercury dealer uses genuine Mercury gauges, controls and rigging for your repower, the warranty coverage for those components will match the total warranty of your engine!


Additional Program Details*

Mercury Retail Finance Offer: 8.99% for 36 Months [11.02% APR*] 

*Example: On a purchase where the Amount Financed is $5,000.00, your Down Payment is $0.00 with 36 monthly payments of $163.74 each. Interest rate is 8.99% [ANNUAL PERCENTAGE RATE is 11.02% (E)]. 

Note: The above financing programs are offered by Sheffield Financial, a division of Truist Bank, Member FDIC. Subject to credit approval. Approval, and any rates and terms provided, are based on credit worthiness. Other financing offers are available. See your local dealer for details. Rate advertised is based on minimum bureau risk score of 760. Minimum Amount Financed $1,500.00; Maximum Amount Financed $75,000.00. Other qualifications and restrictions may apply. An Origination Fee of $150.00 will be added to the amount financed in the above example. Financing promotions void where prohibited. Offer effective on eligible and qualified units purchased from a participating Sheffield dealer. See dealer for product eligibility and qualifications between 6/1/2026 and 7/31/2026. Offer subject to change without notice. [“E” means estimate] 

Mercury Retail Finance Offer: 9.99% for 60 Months [10.63% APR*]  

*Example: On a purchase where the Amount Financed is $10,000.00, your Down Payment is $0.00 with 60 monthly payments of $215.59 each. Interest rate is 9.99% [ANNUAL PERCENTAGE RATE is 10.63% (E)]. 

Note: The above financing programs are offered by Sheffield Financial, a division of Truist Bank, Member FDIC. Subject to credit approval. Approval, and any rates and terms provided, are based on credit worthiness. Other financing offers are available. See your local dealer for details. Rate advertised is based on minimum bureau risk score of 760. Minimum Amount Financed $10,000.00; Maximum Amount Financed $75,000.00. Other qualifications and restrictions may apply. An Origination Fee of $150.00 will be added to the amount financed in the above example. Financing promotions void where prohibited. Offer effective on eligible and qualified units purchased from a participating Sheffield dealer. See dealer for product eligibility and qualifications between 6/1/2026 and 7/31/2026. Offer subject to change without notice. [“E” means estimate]