Re: reman engine company's
glad that i checked with everyone first since i was unaware that omc was no longer in business. i would hate to replace the engine then have the out drive go out only to find that I cant get the parts anymore. well I guess i will have to look around and see if I can find a transplant or just look for another boat. may look into the outboard option to see whats involved.
Currently I have Bowrider with very unpopular setup OMC 2.3 Cobra. For some reason people say that there is no parts available and maintenance is very expensive. I found this was not true, aftermarket parts are available from sierra and mallory, few rare parts as manifolds, drives etc... always available used on ebay or marinas, yes they are expensive, but how often would you need to replace a manifolds? Or OMC Cobra drives will run forever if you have it properly adjusted shift cable and replace fluid every season (make sure you fill through the correct hole!!!)...
In your case I would look around and maybe you can find a good used 4.3 motor. Those motors are very popular and lots of them available around used for a reasonable pricing, I'm sure I can find one used (here in Ontario, Canada) for around $1000, if you want to spend another $1500 for a rebuild you will get a re manufactured motor for $2500, which is not a bad price... If you take care of it it will last 10 -15 years easy...
Or you cxan spend $5000 for a used boat with the used merc or volvo motor with the used drive with no guarantee how long it will last until you will need to rebuild it...
Just my opinion....