2003 Cobalt 240
$34,900
Boat in Milwaukee, WI 53204 US
240
1 Engine (Volvo Penta)
24 feet
Gas
Fiberglass/Reinforced
- EZ Loader Tandem Axle Trailer
Price History
| Date | Event | Price |
|---|---|---|
| 10/15/25 | Price decreased | $34,900(-0.3%) |
| 8/27/25 | Initial price | $34,990 |
2003 Cobalt 240 Video Tours
Boattest.com Review
Overview
The Cobalt 240 represents a distinctive entry in the midsize bow rider category, combining high-quality craftsmanship with an array of thoughtful features. At 23 feet 9 inches in length and an 8 foot 6 inch beam, this trailerable sport boat weighs 4,240 pounds and carries a 50-gallon fuel tank. Designed to elevate the bow rider experience, the 240 integrates innovative storage solutions and performance enhancements that set it apart from its peers.
Exterior Design and Deck Layout
The bow area of the Cobalt 240 is notable for including an anchor locker, a feature uncommon in bow riders. Recessed grab rails line the exterior, surrounded by bolster padding for added safety and comfort. Seating is generous, with carpeted storage compartments beneath, complemented by four drink holders and integrated speakers to enhance the onboard experience. The bow can be fully enclosed with a folding door, providing versatility in various weather conditions. At the transom, the boat features a trans-receptacle and a small storage compartment. An optional extended swim platform expands usable space aft, incorporating a wet locker for tow ropes and a swim ladder, facilitating water access.
Interior Living Spaces
Midships, the 240 offers an L-shaped lounge that comfortably seats three adults, surrounded by numerous drink holders and inset storage lockers. The flooring includes snap-in carpeting, and a fiberglass platform can be raised from the floor to create a dinette area. Adding a padded cushion transforms this space into an impromptu sun pad. On the starboard side, a triangular storage seat opens to reveal an insulated, self-draining cooler. Central to the boat's design is a center-line ski locker equipped with gas-assist struts for ease of use. Additionally, Cobalt has integrated a life jacket dryer that utilizes engine heat to efficiently dry gear.
Helm and Controls
The helm station is designed with both comfort and functionality in mind. A padded bolster seat and tilt steering wheel allow the operator to choose between sitting or standing while underway. The windshield effectively redirects wind, even when the captain is standing. Instrumentation is well-organized, and the test model was equipped with the MerCruiser SmartCraft system, providing comprehensive engine monitoring and control.
Power and Performance
Powered by a MerCruiser engine, the Cobalt 240 demonstrated impressive performance during testing. It reached a top speed of 50.2 miles per hour at 4,750 RPM. The optimal cruising speed was recorded at 29.9 miles per hour at 3,000 RPM, yielding a range of approximately 170 miles on a full tank. The boat planes quickly, achieving planing in just 4.5 seconds and accelerating to 30 miles per hour in 7.2 seconds. These metrics underscore the 240's capability as a high-end sport boat within its class.
Conclusion
The Cobalt 240 stands out as a premium midsize bow rider, blending superior build quality with innovative features and strong performance. Its thoughtful design elements, such as ample storage, a life jacket dryer, and versatile seating configurations, enhance both comfort and functionality. For those seeking to move beyond standard bow riders, the Cobalt 240 offers a compelling combination of style, utility, and speed.
Overview from around the web 2003 Cobalt 240
Customers praise the 2003 Cobalt 240 for its solid construction and sleek design, highlighting its smooth handling and reliable performance on the water
Many appreciate the spacious and comfortable seating arrangement, which makes it ideal for family outings and entertaining guests. The boat’s powerful engine provides excellent speed and responsiveness, while the quality materials and craftsmanship contribute to its durability and lasting appeal. Overall, owners enjoy the blend of style, functionality, and performance that the 2003 Cobalt 240 delivers.
The Biggest Pros and Cons
The 2003 Cobalt 240 is a well-regarded bowrider known for its blend of performance, comfort, and style. Here are some of the pros and cons to consider:
Pros
Performance: Equipped with a reliable engine, the Cobalt 240 offers smooth acceleration and solid top-end speed, making it great for watersports and cruising.
Build Quality: Known for its sturdy construction and high-quality materials, ensuring durability and longevity.
Comfort: Spacious seating with plush cushions and a thoughtful layout provide a comfortable ride for family and friends.
Storage: Ample storage compartments allow for convenient stowing of gear and personal items.
Handling: The hull design delivers stable and responsive handling even in choppy waters.
Aesthetics: Classic styling with sleek lines and a polished finish that remains attractive over time.
Cons
Fuel Efficiency: Like many boats in its class, the Cobalt 240 can be less fuel-efficient, especially at higher speeds.
Maintenance Costs: Premium materials and quality components may lead to higher maintenance and repair expenses.
Limited Cabin Space: As a bowrider, it offers limited shelter and no enclosed cabin, which might be a drawback for extended trips or overnight stays.
Weight: The boat’s solid build adds weight, which can impact trailering ease and fuel consumption.
Technology: Being a 2003 model, it may lack some of the modern electronics and conveniences found in newer boats.
Made For
The 2003 Cobalt 240 is designed for boating enthusiasts who value a perfect blend of performance, style, and comfort. Ideal for families and groups looking to enjoy day cruising, watersports, and leisurely outings on the water, this boat caters to those who appreciate quality craftsmanship and versatile functionality in a mid-sized bowrider. Whether you're planning lakeside adventures or coastal excursions, the Cobalt 240 offers a reliable and enjoyable experience for both novice and experienced boaters.
Finance your dream boat!
Finance your dream boat!
Be the first to know when similar boats hit the market
Get notified when new boats become available
Boats For Sale in Wisconsin, United States Similar to the 2003 Cobalt 240
Compare with similar boats and find the perfect one for you.
2003 Cobalt 240 | |||||
|---|---|---|---|---|---|
| $34,900 | $35,995 | $33,511 | $29,995 | $24,500 | $18,000 |
| Milwaukee | La Pointe | Pewaukee | Sturgeon Bay | Milwaukee | Walworth |
| 24' | 28' | 20' | 27' | 24' | 25' |
| 3' | - | - | - | - | - |
| Volvo Penta | MerCruiser | Mercruiser | VOLVO | Volvo Penta | MerCruiser |
| 300 hp | 300 hp | 260 hp | 320 hp | 310 hp | 250 hp |
| 267 | 403 | 68 | 282 | 295 | 413 |
Other Cobalt boats for sale in Wisconsin, United States
Meet the Broker

Address
Boat Location
Contact CenterPointe Marine about 2003 Cobalt 240
700 S. Water Street, Milwaukee, WI, 53204












































