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Ole Evinrude formed Evinrude Outboard Motors, which he sold in 1913 in order to look after his sick wife. In 1919, Evinrude invented a more efficient and lighter two-cylinder motor. Having sold his part in Clemick & Evinrude, he founded ELTO or the Elto Outboard Motor Company. (ELTO was an acronym for "Evinrude Light Twin Outboard".)
“Your cars, trucks, boats, motorcycles and other vehicles should not have a total value that exceeds half your annual income. ... add up the total of everything you own that has a motor in it ...
An outboard motor is a propulsion system for boats, consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom. They are the most common motorised method of propelling small watercraft.
Evinrude Outboard Motors was a North American company that built a major brand of two-stroke outboard motors for boats. Founded by Ole Evinrude in Milwaukee , Wisconsin in 1907, it was formerly owned by the publicly traded Outboard Marine Corporation (OMC) since 1935 but OMC filed for bankruptcy in 2000.
The main product line is outboard motors. It also produces the MerCruiser line of sterndrives and inboard engines, as well as a lineup of electric outboard motors. Utilizing modular and portable 48V lithium-ion batteries and transverse flux motor technology, these yield high torque with optimum efficiency.
Like new cars, new boats lose value quickly, which makes used boats less attractive for lenders. It may be more difficult to finance an older boat, unless you choose an unsecured loan.
Gale Banks (born August 23rd, 1942) is an American hot rodder, [1] drag racer, engineer, and entrepreneur [2] who grew up in Lynwood, California.His company, Gale Banks Engineering, sells performance parts for automotive and marine engines.
Today a few Mercury KG-7Q Super 10 Hurricane's have survived the years waiting to be run or displayed at a local Antique Outboard Motor Club, Inc. (AOMCI) Event. In demand and also rare; today a KG-7Q will go for the price of a brand new 10 hp motor.
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