Re: If it starts should i still check compression
I bought a great 20+ year old 70 that started (after 2 years sitting outside) and has good compression. However, I am still throwing money at chasing an electrical short, that only shows up after you have run for a while and at higher speeds. or in snowstorms.
With outboards--or anything with boats--anything can happen and all of it is expensive to fix, especially the more tries at it.
I think $800 on a 40 is right high, under these circumstances. have you tried around Richmond? Gaston?
You might find one attached to a boat, buy the rig, take the motor off, then sell the boat and trailer. I did.