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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
2003 Cobalt 240 powered by a Volvo Penta 5.7L with a total of roughly 450 hours. She has a great layout and head for entertaining up to 11 guests all day on the water. Tubing and skiing are a breeze as well! A tandem axle trailer is included. All the tires have recently been replaced. Contact us today to see this vessel in person. Currently located at our Dryrack Facility in Milwaukee Wi.
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

2003 Cobalt 240 Video Tours

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
$396.10/mo
$
$
Loan amount$ 34,900
OR
%

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
$396.10/mo
$
$
Loan amount$ 34,900
OR
%

Contact CenterPointe Marine

700 S. Water Street, Milwaukee, WI, 53204

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Address

700 S. Water Street
Milwaukee, WI 53204

Boat Location

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Contact CenterPointe Marine about 2003 Cobalt 240

700 S. Water Street, Milwaukee, WI, 53204

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from CenterPointe Marine at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

Contact CenterPointe Marine

700 S. Water Street, Milwaukee, WI, 53204

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from CenterPointe Marine at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

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