would this be a good buy? looking to get into the formula family
 

Way overpriced in my opinion. Could be in a newer larger boat for the same or less

what would be a fair offer for it?

The boat at best is worth $7500.

But its mint!!! It says so in the ad!

An 88 24' boat...you could buy 3 of them for his asking price and never miss a day on the water because you had backup boats.....

First... I know nothing about these, just did a quick look thru the classifieds..

But at your price point you can get a lot more boat..

http://www.offshoreonly.com/classifi...o50663-en.html

http://www.offshoreonly.com/classifi...o50567-en.html

http://www.offshoreonly.com/classifi...o50137-en.html

http://www.offshoreonly.com/classifi...o49809-en.html

looks clean being a complete restoration. I took a look at the other options some of you posted and relize i can get more boat.. but i cant afford gas on a twin. im looking for somehing under 26 ft so i can fit it in my garage. ive been watching the classifieds, and every 242 i have seen is selling for 9- 18k. i talked to him on the phone and he said he has over 24k in receipts. he also said hes negotiable. my dad had a 242 and said they are one of the best older hulls you can buy.

The paint is odd like the front was painted to hide something. Also if motors are rebuild why paint them once assembled on the pallet. weird way of doing things that would concern me enough to keep looking.

Geed deal for the seller, this is a buyer's market keep looking.