1987 242 SR1 542hrs good price?
 

I am looking at 1987 242 SR1 with twin mercs in it. has 542 hours on the boat, redo of the motors at about 400 hours. thing looks is very nice shape, scuff marks here and there, but interior looks very nice for original.

Wondering if $18,000 is a good price with triple axle trailer. It does not look like a 20 year old boat, I would put wear and tear on the thing in the 5 to 10 year range at most from a looks dept.

Any thoughts? Anything to look for in these boats that may be a deal breaker/maker?

I am doing searches now, so might come up with more, so apologize in advance if this is covered some place already.

Thanks in advance for the help.

Jon

I would say that you are in the ball park. What motors are in it? Drives? Have it serveyed!!!!!

twin 350s, with alpha drives. Boat was painted a couple years ago, but they left the bottom alone.

some cracking of the dash from sitting in the sun, and small things like that, but overall the boat looks nice.

I am trying to find a surveyor right now to have it looked over. Think I found someone, just waiting a call back.

Jon

Sounds like the one on Lake Winni that was for sale for ever. i thought i read that it was sold this year.
In my opinion, that's a lot for a 242, regardless of the rareity of the twins. But this is also my first summer watching these things come up for sale. You folks up north snap 'em up like they're going out of style :D I've been watching the market on Donzi Classics and Minx'. 6 months ago they couldn't be given away; now people are asking/offering stupid money IMHO.
There's also no reason for a triple axle to be under a 242.

understood on the trailer. Certainly overkill, but needs to be accounted for in the price I guess.

The boats are certainly less common up here in the North, seems that is why they go for more up here from what I have been seeing.

Jon

Here is a link with some pictures.

http://bridgeportmarine.com/index_files/Page1110.htm

Jon

$15k assuming everything checks out OK. At the end of any day, it's only worth what someone will pay for it.
Good luck :D

Any things that are common issues on this boat that you are aware of? All the reading I have done in the last week leads me to believe that the formula is a good boat, just issues with the alpha drives and motors from time to time if they are not properly maintained.

Jon

i have seen these 242's bring CRAZY money. he!! for that kind of money you can buy a nice 272. In fact i know of one:D

Details details.

Jon

I still think the 272 is probably one of the best all around bang for the buck boats out there. Great gas mileage out of small blocks, tune 'em up a bit and you've got an easy 60+mph boat, plus a little room downstairs for people to get out of the weather. Go nuts with 383 strokers, Bravos, and trim the hook out, and you've got a very mean sleeper.

My boat. hanfulz28 was a going to buy it then he found his 311;)
Anyway i have not really actively listed it only on SW. the reason i am selling it is because i found a 311 i want real bad. Here is a link to the ad and you are more than welcome to call me anytime on it http://www.speedwake.com/newclassifi...uct=343&cat=51

One of the reasons 242 SR1's are expensive is because they are a smaller boat with nice stuff, twins, and bolsters, they have alot to offer for a 24 footer, easy docking since it is a smaller boat, that means chepaer docking, better on gas, and the cool factor, I agree, a 272 can be bought woth the same money, but the 272 will require a bigger dock, tow vehicle and more fuel, most dockage cut off is 25 foot, then you need a 30 ft slip for anything bigger then a 25 footer.
Bottom line, if you like it and can pay the money, its on you, I would offer 14,000.00 just since the market sucks right now and see what he comes back at.

The olders Formulas can have stringer issues, have a survey done.

1993 252 Bowrider
 

Does anyone have any opinions what value of a 1993 252 Bowrider would be? Has a 7.4l. Want to know if there any any known issues... What the value would be of a 'clean' boat. Have not seen it yet so I am sparse on details but want to make sure I have the right questions in mind. Thanks!