Hi Mark I have the same outboard, a great little engine. FYI the green light is an oil pressure warning light. When the light is ON oil pressure is OK. If the light goes OFF the oil pressure is low so you would need to check the engine oil level.
I also have the same motor….. def a powerful little device….. but I have to soon change the impeller and wonder if they are all the same size for 5 ps motors…… I bought the motor a few month ago and the seller told me that he changed the impeller …. but I am using the motor basically on a daily basis I want to replace it again this winter! And I wonder if you can upgrade the propeller….. maybe a bit bigger but still able to fit on it? Or stainless steel instead of the aluminium?
Thinking bout buying a boat with one of these but 2003. Never owned a boat or outboard. They say it only has 25 hours on it. Going to look at it tomorrow. What you think?
Awful engine highly temperamental to start. I will never buy Honda again. Contacted Honda and they were very unhelpful. Cleaned carb best fuel etc …. Really frustrating.