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That's about what the guy told me when we bought ours. He said the drive motor had just been reconditioned and it alone "would cost thousands" to replace.
That shaft is a little troublesome. Our pump motor had internal splines - plural. has one spline. I know that Jim is going to suggest pressing out the shaft and pressing in a replacement with a proper external end on it.
However... if you're doing a low power conversion, you might be able to get away with using the male shaft stub from your pump and mounting it in a bearing plate.
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