Fellow members. My first time posting here.

First let me say that I have learned much from all who post and enjoy reading the responses and doing researching on this site. Thank you to all who take time to post answers to questions from those like myself.

With that being said, I am searching for a Formula 292 Sr1 or 303 Sr1, possibly a 311 Sr1 and have come across quite a few, but pricing on these boats has been all over the map. I have seen boats from $15k and the sky is the limit from there.

The search is on, but what is a realistic value for these boats with a trailer? I understand that condition is the great factor as well as fresh water vs. salt, but again, values do not seem to dictate condition. A marginal condition boat with 800 hours and a new trailer does not warrant a $40k price, in my opinion.

The information on OSO is so good that I would reach out to those on this forum for some answers and possibly an idea of where I might find a seller.

Thank you for your time.

Welcome, I would say for a nice 292/311 expect to pay 18-25k 303's are a different ball game, and still hold low 30's if there immaculant, biddding went up to 34k on a 95 303 last week on ebay, I would say 25-32 for a 303 is a real number,

Syracuse NY craigslist has a 292 on it, not sure if its a new owner or if he's playing the winter/spring game, but in the fall it was around 20k


http://syracuse.craigslist.org/boa/3613616613.html

This one looks nice...if it checks out aside from the one motor issue might be a good buy....hard to tell from pics and description
http://utica.craigslist.org/boa/3608300133.html

88242LS, thanks for the reply. I would pay $30k for the right boat if it was represented correctly. I don't want to waste a persons time with BS.

be patient and willing to travel, I'll keep a eye out, I payed all the money for mine but it was all the right boat too

Harley,

I'd say your in range for a nice 303. Like 88242LS i agree you can't pay to much for a nice one, but you sure can pay way too much for a turd! The 303 is a great boat, I get compliments all the time, and they look way newer than an older 292 or 311 (I LOVE the old body style, BTW)

I was thinking of selling mine, but pretty much decided to keep it for at least another season. Whatever you decide on you can't go wrong with a Formula.

Maybe we will see you at PIB this summer?

-Artie

Oh... and welcome to OSO

As you say, it takes time and patience. I prefer to pay all the money for the boat I want, just like you.

Thanks for the input! I have spent enough time chasing a boat through several states, only to be disappointed with the results, due to misrepresentation....

I really prefer the 303 and have seen several, but those are typically the ones that are "over the top" as far as prices are concerned. I like the old lines as well, but the 303 is just awesome!

I hope to see you in PIB this summer on my newly acquired 303 (if I can be patient enough to find it...)