Speed Boat Engine Price In Nigeria 2024 (Used vs. New)

For any aspiring captain, the engine is the heart of the boat.  Whether you’re a seasoned sailor or setting off on owning a speed boat, navigating the world of speed boat engine prices in Nigeria can be tricky. But worry no more, OgaPrice is here to take you on the journey of speed boat pricing in Nigeria.

Speed boat engine prices vary according to their types and capacities in terms of horse power.

In this post, you will learn about the various types and prices of speed boat engines, what affect these prices and tips in choosing the best engine for your boat.

Also see: Speed Boat Price In Nigeria 2024

Price of New Speed Boat Engines in Nigeria.

Outboard engines and inboard engines are the two primary categories of engines that are typically seen in boats on the water. When compared to the prices of inboard engines, the prices of outboard engines are significantly lower.

Now, let us have a look at the pricing of various types of boat engines that are available in Nigeria.

Cost of Brand New Outboard Engines:

Small Outboards (9.9-40 HP): ₦700,000 – ₦3,500,000

Medium Outboards (50-115 HP): ₦3,800,000 – ₦9,000,000

Large Outboards (150+ HP): ₦10,000,000 and above.

Various Capacity of New Outboard Boat Engine Price Lists

BRAND OF BOAT ENGINE	CAPACITY	AMOUNT
Sail	40HP 2 Stroke	₦ 1,800,000 – ₦ 2,000,000
Yamaha	40HP 4 Stroke	₦ 2,500,000 – ₦ 3,500,000
Honda	9.9 HP 4 Stroke	₦ 1,800,000 – ₦ 2,000,000
Suzuki Engine	9.9 HP 4 Stroke	₦ 1,000,000 – ₦ 1,200,000
Yamaha	200 HP 4 Stroke	₦ 13,000,000 – ₦ 14,000,000
Yamaha	15 HP 2 Stroke	₦ 1,600,000 – ₦ 1,800,000
Yamaha	150 HP 4 Stroke	₦ 11,000,000 – ₦ 13,000,000
Suzuki 4 stroke	40 HP 4 Stroke	₦ 2,800,000 – ₦ 3,000,000
Yamaha	60 HP 4 Stroke	₦ 3,200,000- ₦ 4,000,000
Yamaha	115 HP 4 Stroke	₦ 7,200,000 -₦ 8,000,000
Yamaha	55 HP 4 Stroke	₦ 4,200,000 -₦ 5,000,000
Yamaha Front Gear	25hp 2 Stroke	₦ 2,200,000 -₦ 3,000,000
Yamaha	75 HP 2 Stroke	₦ 5,200,000- ₦ 6,000,000

Cost of Brand New Inboard Boat Engines:

Inboard engines are more complex and expensive than outboard engines, and they are typically seen in bigger boats. Prepare yourself to pay:

₦/9,000,000 to ₦/15,000,000 for small inboards (diesel with 100-200 horsepower) and ₦18,000,000 and above for large inboards (diesel with 200 horsepower or more).

What To Consider When Buying New Speed Boat Engines

• Brand: Well-known brands such as Yamaha, Mercury, Suzuki, and Honda typically come with a higher price tag than alternative brands. Local or less well-known brands could provide more affordable options.
• Features: Fuel injection, trim tabs, and digital controls are examples of advanced technologies that will likely increase the retail price.
• Warranty: A longer warranty typically comes at an additional expense, but it does provide peace of mind at the same time.

Price of Foreign Used Speed Boat Engines in Nigeria.

Purchasing foreign-used speed boat engines will save you a lot of money, but keep in mind that they carry specific risks. Therefore, it is strongly advised to properly inspect used boat engines with a boat engine expert before buy it.

Various Capacity of Outboard Boat Engine Price Lists

BRAND OF BOAT ENGINE	CAPACITY	AMOUNT
Yamaha	15 HP	₦ 600,000 – ₦ 800,000
Yamaha Front Gear	9.9 HP	₦ 1,000,000 -₦ 1,500,000
Yamaha Front Gear	25 HP	₦ 1,200,000 -₦ 2,000,000
Yamaha Front Gear	40 HP	₦ 1,500,000 -₦ 2,500,000
Yamaha	55 HP	₦ 1,800,000 -₦ 2,500,000
Yamaha	60 HP	₦ 2,200,000- ₦ 3,000,000
Yamaha	75 HP	₦ 3,500,000- ₦ 4,000,000
Yamaha	115 HP	₦ 4,200,000 -₦ 5,000,000
Yamaha	150 HP	₦ 6,000,000 – ₦ 7,000,000
Yamaha	200 HP	₦ 8,000,000 – ₦ 9,000,000
Suzuki	4 HP	₦ 200,000 – ₦ 300,000
Suzuki	9.9 HP	₦ 550,000 – ₦ 800,000
Suzuki	40 HP	₦ 1,000,000 – ₦ 1,500,000
Suzuki	60 HP	₦ 1,500,000 – ₦ 2,000,000
Suzuki	150 HP	₦ 4,800,000 – ₦ 5,000,000
Suzuki	200 HP	₦ 5,800,000 – ₦ 7,000,000
Honda	9.9 HP	₦ 700,000 – ₦ 1,000,000
Honda	40 HP	₦ 1,000,000 – ₦ 1,500,000
Honda	150 HP	₦ 5,000,000 – ₦ 6,500,000
Sail	9.9 HP	₦ 800,000 – ₦ 1,000,000
Sail	40 HP	₦ 1,400,000 – ₦ 1,600,000
Sail	150 HP	₦ 4,800,000 – ₦ 5,500,000
Sail	200 HP	₦ 6,800,000 – ₦ 7,500,000

Tips for Buying Foreign Used Speed Boat Engines

• Pricing: The price of a used engine is significantly influenced by some factors, including the brand, age, condition, and horsepower.

Although you can get amazing offers, you should be suspicious of costs that are too low.

• Inspection: Before purchasing a used engine, you should always guarantee that it has been thoroughly inspected by a competent mechanic. By doing so, hidden issues can be uncovered, thereby preventing costly repairs in the future.
• Service History:  In terms of service history, you should look for engines that have been carefully maintained and have documented service records.

Additional Cost To Consider When Buying A Speed Boat

Installation: The cost of expert installation should be taken into consideration when calculating the price of both new and secondhand (foreign-used) boat engines.

Maintenance and Parts: It is vital for any boat engine to undergo routine maintenance and to replace parts on a periodically planned basis. Include these costs in your budget.

What Type Of Boat Engine Is Best?

The type of boat engine that is best for you will depend on some factors such as how big and what kind of boat you have.

For example, a small fishing boat won’t need as strong of an engine as a big cabin sailboat. You also need to consider what you want to do with your boat.

 A four-stroke engine that uses little gas might be a good choice if you just want to cruise around in calm water.

A two-stroke engine might be better if you need more speed for water sports or fishing out at sea.

You need to also check your budget.  Most of the time, four-stroke engines cost more than two-stroke engines, but they use less gas and are quieter.

The two main types of boat engines

Four-stroke engines:

• Better at using fuel
• Less noise while running
• Less pollution
• In general, more expensive

Two-stroke engines:

• Not as expensive
• Less heavy
• Stronger (for their size)
• Not as good at saving gas
• Louder noise
• More pollution

Where To Buy Boat Engines In Nigeria?

In Nigeria, you can find boat engines for sale at the following locations:

• Online Store: If you’re looking to buy or sell a boat engine, one good location to do so is on Jiji, a well-known Nigerian online marketplace.

To discover the perfect speed boat engine, you can use the filters to narrow your search by price, horsepower, and more.

• Marine Equipment Suppliers: Several businesses deal in marine equipment, such as boat engines. A quick internet search or a call to your neighborhood marina should turn up these establishments.

Examples are Mamtus Nigeria and Tuwasco Marine Services Ltd.

• Authorized Dealers for Certain Brands: Yamaha, Suzuki, and Honda are some of the major outboard engine brands that may have dealers in Nigeria. In addition to selling new engines, these dealerships will also offer warranty service.

The brand’s website has details regarding authorized dealers.

Conclusion on Speed Boat Engine Price In Nigeria 2024 (Used vs. New)

Buying a speed boat engine in Nigeria costs a lot of money. You can make a good purchase if you know the range of speed boat engine price in Nigeria for 2024 and the things that affect these prices before hitting the market.

Keep in mind that the cheaper choice isn’t always the best. When choosing the best engine for your boat, you should think about your budget, your needs, and how much risk you are willing to take before deciding whether to go for a brand-new speed boat engine or a foreign-used option..