2003 Cobalt 240

$34,900

Used

Boat in Milwaukee, WI 53204 US

builtBuilt in 2003
Year the boat was built
model

240

Boat model
engine

1 Engine (Volvo Penta)

Engine type and count
length

24 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
24ft
Length Overall
24ft
Beam
8.5ft
Max Bridge Clearance
4.75ft
Max Draft
3.08ft
Drive Up Draft
1.5ft
Deadrise At Transom
20deg
Dry Weight
4240lb
Heads
1
Seating Capacity
11
Fuel Tanks
55gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
5.7 LGXI-E
Total Power
300hp
Engine Hours
450
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2003
Drive Type
stern
Additional Units Included
  • EZ Loader Tandem Axle Trailer
Manufacturer
The Cobalt 240 is an all-around athlete, blending the best attributes of a competition ski boat with the versatility of an I/O outdrive. Everything about the 240 has been designed with high-speed excitement in mind, no matter what the activity. From boarding to slalom skiing, the 240 will deliver the wake that maximizes the fun - its reversed chines create exceptional stability in turns and full, easy control of the experience at the end of the rope. And yet, for all its muscle, the 240 takes second-place to nobody in terms of its style. Incorporating the fluid lines of the flagship Cobalt 360, this boat demonstrates the grace that comes when function follows form. Options include a removable ski tower with sunshade, an aft air compressor, Sonic Tube speakers aimed squarely at those in the water. The activity platform - easily removable, by the way - is a paradigm of utility, with effortless access from the water, ski storage on the spot, and handy tie-downs everywhere.
Disclaimer
The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
10/15/25Price decreased$34,900(-0.3%)
8/27/25Initial price$34,990

Contact CenterPointe Marine

700 S. Water Street, Milwaukee, WI, 53204

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!

Use our boat payment calculator to estimate monthly payments for 2003 Cobalt 240. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Runabout cost in today's market, or how much does a Cobalt cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$221.00/mo
$
$
%
Principal Loan Amount$ 29,665
Total Payment$53,039.92

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 Cobalt 240. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Runabout cost in today's market, or how much does a Cobalt cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$221.00/mo
$
$
%
Principal Loan Amount$ 29,665
Total Payment$53,039.92

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.

The Image of Cobalt 240 2003 - 02003 Cobalt 240
$34,900$35,995$33,511$29,995$24,500$18,000
MilwaukeeLa PointePewaukeeSturgeon BayMilwaukeeWalworth
24'28'20'27'24'25'
3'-----
Volvo PentaMerCruiserMercruiserVOLVOVolvo PentaMerCruiser
300 hp300 hp260 hp320 hp310 hp250 hp
26740368282295413
Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

700 S. Water Street
Milwaukee, WI 53204

Boat Location

Be the First to Know

Get notified when new boats become available.