The merc we purchased
was a 2004 brand "new".....its was deamed reconditioned. When I talked with the dealer about what reconditioned means,,he told me,,that when the engine came off the line, there was a defect,,, that defect could be a scratched cowling, or a bad cylinoid....what ever,,, if the engine comes to the final inspector and they dont pass it for what ever reason,,,its sent back to be repaired.,,,then back to the inspector for a final pass....he said,,,ANYTIME,,,a motor doesnt pass the first time,,,it is deamed reconditioned....true its like buying a brand new used engine.But for my budget it was worth it...so far.... I also liked the Johnsons....At the time I was buying the engine,,, there was a huge political scurmish between Mercury and Yamaha,,, the lawsuite was Yamaha was product dumping (selling for less than cost) in US markets. At that time Mercury was the last US outboard manufacturer. Jhonson is made in Canada. But some of the components of the Merc,,,just like alot of things are made overseas. Merc is assembled here....I think since Yamaha and Merc were having their scwables,,,merc was lowering their prices on everything to compete with the Yamaha....remember these are also 2 stroke,,,and there are laws coming out phasing these motors out....4 stokes are beautiful engines but very heavy for a dingy.We also have a 1964 5 1/2 HP Jhonson,,,doesnt run right not reliable,,,have rebuilt it 2 times and was not worth trading in on a new engine... so we wanted an "new" engine......no matter what,, its mechanical, if its 2 stoke you have a gas/ oil mix that will clog stuff up sometime,,,so its all a crap shoot...but in general Merc, Jhonson, Honda, tohatsu, yamaha are all good engines.Good luck.