Go Back  Offshoreonly.com > Owners Forum > Formula
New guy with 242 questions >

New guy with 242 questions

Notices
Formula

New guy with 242 questions

Thread Tools
 
Old 11-15-2016 | 12:33 PM
  #11  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

He is asking 6k for it. The engines are original. I think around 650-700 hours or so. He says it will do 65 as it sits right now. He had an ignition module go bad one one engine and replaced it. He has since bought a spare for when the other fails. He has only replaced 1 riser so I suppose I should be saving up for some emi or stainless marine.
Redneckcustoms13 is offline  
Reply
Old 11-15-2016 | 12:34 PM
  #12  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

Here are a few more pictures of it I didn't post earlier. These were when he first got it before the gps and new gauges were installed.





Redneckcustoms13 is offline  
Reply
Old 11-15-2016 | 12:46 PM
  #13  
Registered
 
Joined: May 2012
Posts: 1,465
Likes: 9
Default

It does look nice from the pics and I think that price seems pretty fair
Mr Maine is offline  
Reply
Old 11-15-2016 | 12:54 PM
  #14  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

I agree. I know it needs to be buffed, the sides show a little haze. The owner says it easily shones back up with a light buffing. Even if it doesn't I'll just wrap from the rub rail down that doesn't bother me. The main concerns to me would be the condition of the wood, ans the engines/outdrives. I have a spare outdrive and 1 engine I could always use. When these go I would prefer to go ahead and put a little more punch in them anyhow.
Redneckcustoms13 is offline  
Reply
Old 11-15-2016 | 01:05 PM
  #15  
On Time's Avatar
Registered
20 Year Member
 
Joined: Nov 2004
Posts: 3,581
Likes: 3
From: Houston
Default

I owned a 1987 242 LS for 5 years. Great riding boat for its size! Same color scheme you have, inside and out.. But I had to replace the transom twice, because the first guy did an incomplete job and in two years his work failed and no there was no warranty.

The rest of the boat was great. Easy trailering and many good times. Be very careful about the transom! But it seems like your price is right. You won't find a newer boat that size with a ride as good.
On Time is offline  
Reply
Old 11-15-2016 | 01:18 PM
  #16  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

Thank you for your input. I've been researching for a while and found that formula makes what many consider to be the best bang for the buck boats when it comes to this size and style. Maybe it will be what I need it to be and last for a while before needing a transom.

Last edited by Redneckcustoms13; 11-15-2016 at 03:12 PM.
Redneckcustoms13 is offline  
Reply
Old 11-15-2016 | 05:31 PM
  #17  
Registered
 
Joined: Oct 2012
Posts: 896
Likes: 38
From: Buffalo NY
Default

I replaced the transom in my 242. Cost me about $500. I did it from start to finish in 3 weekends.
79formula is offline  
Reply
Old 11-15-2016 | 05:34 PM
  #18  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

I have a friend that does excellent fiberglass work that would do it for me for a reasonable price. I just hate to get down there to find out it needs it
Only one real way to know.

Do you guys know of any company that has the snap in carpet already made for a 242?
Redneckcustoms13 is offline  
Reply
Old 11-16-2016 | 05:00 AM
  #19  
Registered
 
Joined: Jan 2011
Posts: 3,066
Likes: 8
From: Ocala, Fl
Default

Originally Posted by Mr Maine
What is he asking for the boat without a trailer? Does he say what the boat runs? Should be 64-65 I would think.

Regarding the risers, they look like 3 inch, where 4 inch is the standard now. Are the engines original? There are many options for manifolds-risers from original mercruiser, to oem replacements (GLM, Sierra, others) to aftermarket (stainless marine, emi etc. etc.)
The ask is $5500 in Miami w/o trailer. The boat has been on Craigs for about a year.

When do you plan to look at it ?
sprink58 is offline  
Reply
Old 11-16-2016 | 11:40 AM
  #20  
Thread Starter
Registered
 
Joined: Nov 2016
Posts: 848
Likes: 19
From: Mobile, Al
Default

In a few weeks. The price is now 6 because he has paid 3 months of storage on it now. I was hoping to get it cheaper and might once I get there but not sure. He said the engines are original with about 550 hours on them.
Redneckcustoms13 is offline  
Reply


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

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.