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OMC Parts Drawing *Cobra *Mercruiser *Alpha SEI Outdrives

OMC Cobra lower unit sterndrive

Remanufactured OMC Cobra lower units gearcases
and repair prices. Note see our new S.E.I. sterndrives

Updated April 27 2026

  • Replaces OMC #987800
  • 90 day warranty with full technical phone support
  • Housing comes sandblasted, primed and finished with original color paint (OMC Cobra charcoal metallic)
  • Assembled with all new parts – including OEM gear set #987670
  • Updated shift detent installed
  • Comes with outdrive installation gasket kit, gasket sealing compound and lower unit oil pump
  • Compatible with 3.0L Chevy (1990 – 1993), 4.3L 262, 5.0L 305, 5.7L 350 Chevy, 5.0L 302, 5.8L 351 Ford (1986 – 1993)
  • See repair prices below

Remanufactured and rebuilt prices below

OMC Cobra lower unit sterndrive for sale

$1595.00 US
*Includes all new parts

$1993.00 CDN
*Includes all new parts

New gears, clutch dog, prop shaft, drive shaft, bearings and seals installed in all of our remanufactured lower units
Repair Prices Below

(Includes all labor and seals) 

*Note – Additional parts may be required on top of basic repair.
Please see parts breakdown page for additional part pricing. 

Click here for instructions on sending your gearcase to us

Basic Repair:

$345.00 USD

$431.00 CDN

Customers who ordered OMC Cobra lower unit also ordered the following items
Water Pump - OMC Cobra Impeller

Johnson gasket compound 508235

$24.95 US

$32.95 CDN

$50.95 USD

$64.95 CDN

12962 Transom bellows

P/N 21962
Transom bellows kit

$149.95 US

P/N 21962
$194.95 CDN

90095 Bearing Carrier Puller

# 90095 $90.95 us

# 90095 
$118.95 cdn

87654 Upper gearcase seal kit 4 cylinder-V6-V8 1986-1993

P/N 87654O
OMC Cobra Seal Kit

$41.95 US

P/N 87654 
$54.95 CDN

90295 Removal and installation tool

# 90295 $86.95 us

# 90295 
$112.95 us

OMC outdrive lower unit pump

# 401 $9.95 us

# 401 
$12.95 cdn

89950 OMC Cobra impeller

P/N 89950
Water pump impeller

$14.95 US

P/N 89950
$18.95 CDN