Go Back  Offshoreonly.com > Owners Forum > Formula
1986 Formula 242 ls evaluation >

1986 Formula 242 ls evaluation

Notices
Formula

1986 Formula 242 ls evaluation

Thread Tools
 
Old 07-01-2012, 07:08 AM
  #1  
Registered
Thread Starter
 
Join Date: Sep 2011
Location: Treviso, italy
Posts: 10
Likes: 0
Received 0 Likes on 0 Posts
Thumbs up 1986 Formula 242 ls evaluation

Hello to everyone,

I'd like to have your opinion and suggestion about this kind of boat.

The boat is a 242ls 1986. The engine installed a 502 mercruiser magnum MPI, with about 300 hours and bravo One. The engine is not the original and has been installed in 1993. Boat gas been used only in fresh water (lake Garda), but bottom painted. Gelcoat needs to be shined up. Teak swimplatform has to be rebuilt. Interiors old but in good conditions, no restoration in needed. No trailer with the boat.

The guy is asking 10k dollars, i'm offering 7,5k

Best compliments to OSO, number One of the offshore sites!

Scarmo (Venice, Italy)
scarmo is offline  
Old 07-01-2012, 08:30 PM
  #2  
Registered
 
masi242's Avatar
 
Join Date: Sep 2002
Location: W.Spfld,Ma
Posts: 2,416
Received 11 Likes on 10 Posts
Default

yes tops, you will end up be spending more money to get the boat where you want it to be.

I was at the bakery this morning and they had a poster of Lake Garda, they had it for years.

Good luck
masi242 is offline  
Old 07-01-2012, 10:30 PM
  #3  
Registered
 
Join Date: Jan 2011
Location: Ocala, Fl
Posts: 3,066
Likes: 0
Received 6 Likes on 6 Posts
Default

I think $7500 is a fair number if it runs well and has no stringer or transom rot. Try to get as much history on service and proof of maintenance as you can.

FYI...all '86 Formulas should have a 30 Th anniversary medallion on them. That was a great year and the last year for the "Flat Glass" that Classic Formula collectors love.
sprink58 is offline  
Old 07-02-2012, 02:48 AM
  #4  
Registered
Thread Starter
 
Join Date: Sep 2011
Location: Treviso, italy
Posts: 10
Likes: 0
Received 0 Likes on 0 Posts
Default 30th anniversary

Originally Posted by sprink58
I think $7500 is a fair number if it runs well and has no stringer or transom rot. Try to get as much history on service and proof of maintenance as you can.

FYI...all '86 Formulas should have a 30 Th anniversary medallion on them. That was a great year and the last year for the "Flat Glass" that Classic Formula collectors love.
In fact, the boat has the flat windshield ...Doesn't have IMRON graphics, but a simply red stripe, on side shell, and single central hatch.

The boat is close to my home, about 100miles, so it shouldn't be' expensive take it at home.

Thanks for your suggestions.
scarmo is offline  
Old 08-04-2012, 09:56 PM
  #5  
Registered
 
Rdegeo4140's Avatar
 
Join Date: Jun 2002
Location: Bayonne. NJ
Posts: 44
Likes: 0
Received 0 Likes on 0 Posts
Default

I have an "84 242ls with 2007 496MAG/375hp. Should do between 55-62. If everything works $7500 worth it. Hull is bullet proof and buffing wheel and a good sealant all she needs. My hull shines like new.
My engine and drive were $18,000 in the box and 502 were $8000 more. Got 1st when they replaced 454 in 2001, 2007 replaced under warranty. Marina mounted engine too low and took on water. Just check tab pump etc, should be fine. Should be running 22" 4 blade Bravo or 23" 3 blade Mirage
Rdegeo4140 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.