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05 mercury 60hp efi blown up value

Motors are built / assemble in areas with low taxes.-----Your local repair shop can not compete due to high overheads.
 
Well Japan is one of the most expensive places to live on the planet and they're able to ship the engines and parts here and compete. China is another story for now but in 20 years, everything will be made in India. Shops charge $125 per hour because they can and they're making money or they wouldn't be in business. That said, it seems that once the engine goes out of warranty, the OEM's control the parts costs because there is no aftermarket parts to compete with them except maintenance stuff. So instantly, by business design, the engines are obsolete. This is not the business model you and I grew up with, because we use to fix things instead of throwing it away!
 
fitz73222 said:
Well Japan is one of the most expensive places to live on the planet and they're able to ship the engines and parts here and compete. China is another story for now but in 20 years, everything will be made in India. Shops charge $125 per hour because they can and they're making money or they wouldn't be in business. That said, it seems that once the engine goes out of warranty, the OEM's control the parts costs because there is no aftermarket parts to compete with them except maintenance stuff. So instantly, by business design, the engines are obsolete. This is not the business model you and I grew up with, because we use to fix things instead of throwing it away!
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You're kidding right? If you think Japan is one of the most expensive places to live you know nothing about Japan. Tokyo is the only place in Japan that comes close to being as expensive as the United States. Everywhere else is a fraction of that cost. Food is less than $5 per meal in many parts of the country and less than $10 in most of Tokyo.

Here is a three bedroom two bath home in Hokkaido for $135,000 USD.
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It is DIRT cheap to live there and the prices continue to fall in rural areas.
 
I stand corrected!, so with such a low cost of living, Yamaha must be making a fortune on the engines and parts they export. The point was we are a throwaway society and we don't repair things like we used to.
 
We repaired just about every motor that came in the shop 50 years ago.-----They were simple and all the same.-----People were willing to wait for repairs to be done.-----The new computer controlled 4 strokes run very nice and makes people smile.-----Shops smile when folks are willing to throw out the old and go with new.-----Easy money and does not require many hrs of skilled labor to install a new motor.-----Easy business decision.--------And relative to multimillion summer homes a new $20,000 outboard is not an issue for many folks.
 
fitz73222 said:
I stand corrected!, so with such a low cost of living, Yamaha must be making a fortune on the engines and parts they export. The point was we are a throwaway society and we don't repair things like we used to.
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Yeah...Japan rural manufacturing companies are raking in money. I actually visited a factory making Suzuki motorcycle parts about 6 months ago. They pay the employees the equivalent of $25,000/year because they can but then sell us the parts for insane prices. Thing is...it's only the US. I lived in Bali for a while and you could buy a 125 Yamaha scooter for less than $1000. The same bike would be $2500+ here. I imagine it has much to do with import taxes but also our ability to pay whatever price they make up. I went to visit Bali last year and rented a 125 Yamaha for $7/day. They aren't putting Yamaha and Suzuki outboards on their skiffs in Asia for the outrageous prices we pay!
 
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