Re: Thinking of buying a 62 Evinrude 40hp
You are talking about a cast aluminum device that has been used in a marine environment (possibly including the devastating salt water environment) and obviously has spent it's time sitting up for let's see: 2011 - 1962 = 49 years. That's one of those OMC creations where the lower unit had a lower half and upper half and if you were good at it you could/might get the seal installed and keep the water out. And then there is the corrosion between the water jackets and the head and the block and all..........Iffffffl the combustion process is intact, but then there is the fuel system and obvious varnish and all that stuff, ignition parts and wiring harness with surely, insulation cracked and falling off....and then there is that shear pin that just loved to shear when you were being blown into the rocks by an unforgiving wind and just when you needed thrust the most, you would hit something, the pin would shear, and you were dead meat....no thrust.
OEM and after market has done a good job of supplying replaceable parts for replaceables, so that should be a no brainer, but it's the stuff I mentioned that you need to be wary of.
I had a '57 or '58 18 hp (one with the black prop, black sided blue and white cowl, blue everything else) new for $400. Very nice, quiet and dependable OB back then. As a teenager, I water skied behind it....well sorta, considering we were just breaking a plane and I was light weight and on 2 skis and since the water was only 2 feet deep you didn't have to worry about a deep water start.
Good luck. Just wanting to give you a heads up on what you may be up against.
Mark