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Repower Financing

Repower Finance Done The Right Way

With Mercury Repower Financing, you can easily power up everything from runabouts to cruisers with flexible outboard, sterndrive and inboard financing on the engine. You can also choose to finance the entire engine package (rigging, gauges, controls and labor). Mercury Repower Financing offers low rates and low monthly payments to fit a buyer’s budget.

  • Attractive Rates
  • Flexible Payments
  • Low Down Payment
  • Fast Approvals
  • Same Day Loan Closing*
  • Finance Complete Package
  • From $5,000 to $50,000
  • We Handle the Details


Get the  performance you want - contact Anchors Up today!

Repower Finance Applications may only be completed in-store.


*With approved credit. Some loan restrictions apply.


* Financing offer available through Medallion Bank and administered by Brunswick Financial Services Corporation, a wholly owned subsidiary of Brunswick Corporation. Financing available on select new and consumer unregistered Mercury outboard engines, fully dressed gas sterndrive and inboard engines only or complete engine packages in dealer inventory used for repower applications and purchased solely for recreational use. Engine must be combined with the financed engine package (“Engines”). Subject to credit approval. Not all buyers will qualify. Higher rates apply for buyers with lower credit rating. Financing with rates as low as 10.99% APR and terms from 60 to 144 months is available. For example, if the loan were for $13,500 for 120 months at 10.99%, the regular monthly payment would be $185.89 based on a down payment of $1,500. Financing terms subject to change without notice. Approval, and any rates and terms provided, are based on credit worthiness. Buyers who do not qualify for this offer can apply for other financing also available from Medallion Bank. Financing is available to residents residing in the United States, except in the states of Montana and West Virginia. Financing applies to Engines purchased and registered at an authorized, participating Mercury Marine dealer. All Pacemaker, Mercury Racing, Government, previously registered engines, donations as well as engines sold for commercial, camp or resort applications and sales/registrations outside the United States are excluded. Engines originally sold to a Boatbuilder are also excluded. Engines on the Angling or Sponsorship program do not qualify. Minimum amount financed is $5,000, maximum amount financed is $50,000 and minimum down payment is 10%. Financing can be applied to the entire Engine package purchased at time of the Engine sale (e.g. engine, transmission, transom assembly, drive, controls, steering, rigging, accessories and labor). Dealer sets actual sale prices. Terms and conditions apply. Financing may not be assigned, traded, sold or combined with any other offer unless expressly stated herein. OFFER VOID WHERE RESTRICTED OR OTHERWISE PROHIBITED BY LAW.

Frequently Asked Questions

Question:
How does the process work?
Answer:
1. Call Anchors Up to schedule an appointment.
2. Bring your boat to Anchors Up at the time of your scheduled appointment.
3. Your Service Advisor will survey your boat and work directly with you to develop an estimate that meets your budget and performance goals.
4. Once you agree to the estimate, your Service Advisor will assist you in completing your Repower Finance Application.
5. If approved, you will leave your boat at Anchors Up for work to begin.

Question:

Can I get a higher horsepower engine on my boat?

Answer:

Yes, provided that your boat's maximum rated horsepower is equal to or greater than the engine you are looking to purchase.


Question:

I've heard a lot about the new technology Mercury offers. What benefits are there to repowering my old engine with newer technology?

Answer:

Boaters may see significant savings in fuel cost, as well as better overall performance, from top end to getting on plane.


Question:

Do I need to get new gauges, cables and steering?

Answer:

That will depend on the engine, the components you currently have and the condition of your current products.  When you visit Anchors Up with your boat, your Service Advisor will provide you with consultation, a system design and additional recommendations. It all starts with an appointment.


Question:

Does Anchors Up accept trade-ins??

Answer:

Yes, but much like trading in a car at a dealership, you will always receive a higher price if you sell your used engine privately.


Question:

How long will it take to repower my boat?

Answer:

Installation can be completed in as little as three days, depending on the scope of work and your boat. Some repower projects can take longer if additional work is required.


Question:

If I finance my repower engine, can I include rigging and labor?

Answer:

Yes, the financing would include all the rigging needed to get rid of the old and bring in the new! You can even finance the labor involved to get your new power.


Question:

Can I include a Mercury Protection Plan as part of my repower finance?

Answer:

Yes, provided the bank accepts the total costs of the transaction and your income and credit can support the additional costs.

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