Go Back  Offshoreonly.com > Owners Forum > Formula
Value of a 242LS >

Value of a 242LS

Notices
Formula

Value of a 242LS

Old 02-26-2018, 06:16 PM
  #1  
Registered
Thread Starter
 
masi242's Avatar
 
Join Date: Sep 2002
Location: W.Spfld,Ma
Posts: 2,416
Received 11 Likes on 10 Posts
Default Value of a 242LS

Hey guys going to look at another boat this week and its a bow rider, i know ill take some flack for this. I know we have a lot of members always looking to buy and sell, but what is a realistic number that or were would you start. Its an 1987 242LS 454/Alpha i know what your thinking. Lets here what you have to say good or bad. Mark
Attached Thumbnails Value of a 242LS-img_1020.jpg   Value of a 242LS-img_0001.jpg   Value of a 242LS-image-12-6-16-8.41-pm.jpg  

masi242 is offline  
Old 02-26-2018, 06:23 PM
  #2  
Registered
iTrader: (1)
 
Join Date: Apr 2014
Posts: 2,264
Received 177 Likes on 114 Posts
Default

Mark, Quit taking your medications, they are impairing your judgement!
Good luck. Gary
GLENAMY 242SS is offline  
Old 02-26-2018, 06:37 PM
  #3  
Gold Member
Gold Member
 
badmonkey's Avatar
 
Join Date: Sep 2012
Location: Maryland
Posts: 2,186
Received 493 Likes on 229 Posts
Default

Mark,
Wish you the best of luck with the sale...unfortunately have no insight to your boats value...I think it is worth more with you keeping it and buying the bow rider for the family...

Chris
badmonkey is offline  
Old 02-26-2018, 06:47 PM
  #4  
Registered
Thread Starter
 
masi242's Avatar
 
Join Date: Sep 2002
Location: W.Spfld,Ma
Posts: 2,416
Received 11 Likes on 10 Posts
Default

I would love to keep it but i know it won't get used much, almost done paying for college for the kids and last years kitchen full demo nearly killed me. Im just looking it has to be the right boat a Formula or a Colbalt.




Gary it must be al the cold weather we had this winter making me crazy!
masi242 is offline  
Old 02-26-2018, 08:05 PM
  #5  
Registered
 
Join Date: Jul 2014
Location: Denton, MD
Posts: 664
Received 104 Likes on 68 Posts
Default

That’s a sad day.

In my opinion, the engine/drive combo may be the only thing hurting the value to potential buyers that see the Alpha behind the BBC. Without knowing any of the details, I would give a generic ballpark of 10k-15k for a quick and reasonable sale at least in the Maryland area. Do you have anymore details? Trailer condition? Etc...
distantthunder is offline  
Old 02-26-2018, 08:25 PM
  #6  
Registered
Thread Starter
 
masi242's Avatar
 
Join Date: Sep 2002
Location: W.Spfld,Ma
Posts: 2,416
Received 11 Likes on 10 Posts
Default

Thanks, the trailer is mid 1995 galvanized it has disk brakes on one axel new tires, engine was replaced at 640 hours now about 925-950. Also bimini top with encloser.
Attached Thumbnails Value of a 242LS-img_0089.jpg   Value of a 242LS-img_0188-large-.jpg  
masi242 is offline  
Old 02-27-2018, 08:27 AM
  #7  
Platinum Member
Platinum Member
iTrader: (2)
 
TomZ's Avatar
 
Join Date: Feb 2001
Location: Virginia Beach, VA
Posts: 3,975
Received 1,224 Likes on 682 Posts
Default

I sold mine last year for $15k, but only because I was looking to unload it quickly to get my money back on the 311 purchase. Mine was redone with the blower motor and new rear structure so a totally different scenario. Guessing somewhere in the $7-10k range. The 330/Alpha might make it a harder sell.

I'd keep it personally. You've got a really nice boat!
TomZ is offline  
Old 02-27-2018, 09:51 AM
  #8  
Registered
 
Join Date: Nov 2016
Location: Mobile, Al
Posts: 848
Received 19 Likes on 11 Posts
Default

That engine is beautiful. Needs a spark arrestor but it looks very nice. The entire boat looks great. I hate to see one like this get sold. Like mentioned above the alpha drive is a downer but it is what it is. If you absolutely must sell it I wouldn't take less than 10k for it. I done A LOT of shopping before I got my 242 and yours is in very good shape. If it were a bravo I'd say around 14k.
Redneckcustoms13 is offline  
Old 02-27-2018, 11:50 AM
  #9  
Registered
 
Join Date: Feb 2018
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
Default Are you Selling your 242?

Originally Posted by masi242
Hey guys going to look at another boat this week and its a bow rider, i know ill take some flack for this. I know we have a lot of members always looking to buy and sell, but what is a realistic number that or were would you start. Its an 1987 242LS 454/Alpha i know what your thinking. Lets here what you have to say good or bad. Mark
Are you selling your 242 if so how much are you asking? And what state are you located in.
Jlk3513 is offline  
Old 02-27-2018, 02:41 PM
  #10  
Registered
 
Join Date: Sep 2006
Location: Tonawanda NY
Posts: 4,002
Likes: 0
Received 3 Likes on 3 Posts
Default

I would guess 10-12ish, you have had that a long time will be sad day for sure
88242LS is offline  

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.