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1976 Formula 240 Bowrider Sold Boat in Fort Myers, FL US

$35,950

Used
We will let you know when another 1976 Formula 240 Bowrider is available in Fort Myers, FL
builtBuilt in 1976
Year the boat was built
model

240 Bowrider

Boat model
engine

--

Engine type and count
length

24 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 240 Bowrider 1976 - 01976 Formula 240 Bowrider
Price$35,950$35,000$34,900$34,900$34,900$34,500
LocationFort MyersPalm CoastFort LauderdaleJupiterFort LauderdaleHallandale
Nominal Length24'23'20'23'22'23'
Engine Make-MercuryMercuryYamahaMercuryMercury
Total Engine Power-150 hp115 hp250 hp150 hp200 hp
Days on Market2743351716325738
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Other Formula 240 Bowrider boats for sale in Florida, United States

Nominal Length
24ft
Length Overall
24ft
Beam
9ft
Hull Material
fiberglass

If this was 1976 and you were in a Formula� showroom� >>>>this vessel� could� be sitting in� front of you.� A MUST SEE TOTAL REBULT WITH NEW ENGINE AND OUTDRIVE

A PURE CLASSIC. � THE ENVY OF ANY MARINA. PRICE JUST REDUCED

Contact

Fort Myers, FL

Formula 240 Bowrider: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 240 Bow Rider is an upscale sport boat designed to blend sporty handling with refined features. Measuring 24 feet in length overall with a beam of 8 feet 6 inches and a draft of 36 inches, this model offers a balance of performance and comfort. With an empty weight of 5,000 pounds and a test weight of 5,744 pounds including fuel and two passengers, the 240 Bow Rider is powered by a single 430 horsepower Mercruiser 8.2 MAG engine paired with a Bravo 3 outdrive.

Exterior Design and Engine Access

Access to the engine compartment is facilitated by a hatch that can be opened manually in case of electrical failure, thanks to an actuator release pin accessible through a forward bulkhead hatch. The engine compartment is fully gel coated and features noise suppression under the hatch along with a courtesy light. Storage for the cockpit table and pedestal base is conveniently located on the starboard side, with drains leading overboard to manage water ingress. Safety features include a standard automatic discharge fire extinguisher mounted on the forward bulkhead. Maintenance is simplified by easy access to both sides of the engine compartment, which houses two brass ball valves with double-clamped hoses connected to a small bilge pump.

Helm and Control Layout

The helm station is a full fiberglass module designed for ergonomic efficiency. It incorporates two contoured molds that accommodate SmartCraft gauges, including the standard SmartTow system. The lower panel features a brushed aluminum finish with analog gauges, a depth gauge, and trim gauge flanking the central instruments. The helm includes two drink holders, a remote stereo control on the left, and lighted waterproof rocker switches on both sides of the tilt-mounted steering wheel. The digital throttle controls provide comfortable handling with features such as auto start and stop, a throttle-only button, and an armrest for precise engine adjustments.

Performance and Handling

During testing, the Formula 240 Bow Rider achieved a top speed of 53.6 miles per hour at 4,700 RPM, consuming fuel at a rate of 32.5 gallons per hour, which translates to a range of approximately 89 miles. The most efficient cruise speed was recorded at 31.1 miles per hour at 3,000 RPM, with a fuel burn of 10.65 gallons per hour, allowing for over five hours of operation and a range of 157 miles while maintaining a 10% fuel reserve. Acceleration was brisk, with the boat planing in 3.6 seconds, reaching 20 miles per hour in 6.2 seconds, 30 miles per hour in 9.2 seconds, 40 miles per hour in 11.8 seconds, and 50 miles per hour in 16.6 seconds. The bow rises approximately 16 degrees upon acceleration but remains below the horizon line, preserving forward visibility. Deceleration results in a stern-first settling with the bow remaining elevated without obstructing the view.

Handling Characteristics

The 240 Bow Rider exhibits responsive and comfortable handling. The helm requires only one and a half turns from lock to lock, enabling quick maneuvering. Turns are accompanied by a slight slide that enhances passenger comfort by smoothing the ride. At no-wake speeds, visibility is limited by the windshield frame, but at cruising speeds, the bow attitude improves to a 5-degree bow-high position, offering clear sightlines through the windshield. Operators are advised to apply modest up-trim adjustments at cruising speed to shift spray aft and gain speed, while avoiding excessive trim to prevent oscillation.

Conclusion

The Formula 240 Bow Rider successfully combines the agility and responsiveness expected of a sport boat with upscale features and thoughtful design elements. Its performance metrics, ergonomic helm layout, and practical maintenance access points make it a well-rounded runabout suitable for recreational boating enthusiasts seeking both style and substance.

Rating: 4.2 out of 5

Overview from around the web 1976 Formula 240 Bowrider

Customers praise the 1976 Formula 240 Bowrider for its classic design and reliable performance

Many highlight its spacious bow seating area, making it ideal for family outings and social gatherings on the water. Owners appreciate the boat's solid construction and smooth handling, which provide a comfortable and enjoyable ride. Additionally, the timeless styling and well-maintained condition of many models contribute to its lasting appeal among boating enthusiasts. Overall, the 1976 Formula 240 Bowrider is celebrated for combining vintage charm with practical functionality.

The Biggest Pros and Cons

The 1976 Formula 240 Bowrider offers a classic boating experience with several notable advantages and a few considerations to keep in mind:

Pros

Timeless Design: The 240 Bowrider features a sleek, vintage design that appeals to enthusiasts of classic boats.

Spacious Layout: Its bowrider configuration provides ample seating in the front, making it ideal for social outings and family trips.

Solid Construction: Built with durable materials typical of the era, ensuring longevity when properly maintained.

Smooth Ride: The hull design delivers a comfortable and stable ride, suitable for cruising and watersports.

Easy Handling: Compact size allows for easier maneuverability and docking compared to larger vessels.

Cons

Aging Components: Being a vintage model, some parts may require restoration or replacement to ensure optimal performance.

Limited Modern Features: Lacks contemporary amenities and technology found in newer boats, such as advanced electronics or modern safety equipment.

Maintenance Needs: Older boats often demand more regular upkeep to maintain reliability and appearance.

Fuel Efficiency: Older engine designs may not be as fuel-efficient or environmentally friendly as modern counterparts.

Storage Space: While spacious for seating, storage compartments may be limited compared to newer models.

Made For

The 1976 Formula 240 Bowrider is perfect for boating enthusiasts who appreciate classic design combined with versatile performance. Ideal for families and groups looking for a spacious, comfortable boat for day cruising, water sports, and relaxing outings on the water. Its bowrider layout offers ample seating and easy access, making it well-suited for those who enjoy socializing and entertaining while boating. Whether you're a seasoned boater or someone new to the water, this timeless model delivers a reliable and enjoyable boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1976 Formula 240 Bowrider. 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 Bowrider cost in today's market, or how much does a Formula 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.
$
$
510152025
%
Principal Loan Amount$ 30,557
Total Payment$54,634.78
Monthly payment
$227.64/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1976 Formula 240 Bowrider. 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 Bowrider cost in today's market, or how much does a Formula 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.
$
$
510152025
%
Principal Loan Amount$ 30,557
Total Payment$54,634.78
Monthly payment
$227.64/mo

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