2005 Formula 240 Bowrider Sold Boat in Lake in the Hills, IL 60156 US
Built in 2005
240 Bowrider
1 Engine (MerCruiser)
24 feet
Gas
Fiberglass/Reinforced
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 2005 Formula 240 Bowrider | |||||
|---|---|---|---|---|---|
| Price | $39,995 | $42,995 | $34,995 | $34,995 | $44,999 |
| Location | Lake in the Hills | Round Lake | Lake In The Hills | Lake In The Hills | Lake In The Hills |
| Nominal Length | 24' | 24' | 26' | 25' | 29' |
| Draft | 3' | - | - | - | - |
| Engine Make | MerCruiser | MerCruiser | Volvo Penta | Volvo Penta | Volvo Penta |
| Total Engine Power | 375 hp | 300 hp | 320 hp | 320 hp | 375 hp |
| Days on Market | 401 | 14 | 146 | 154 | 149 |
| Get in touch |
Other Formula 240 Bowrider boats for sale in Illinois, United States
Other Formula boats for sale in Illinois, United States
2005 Formula 240 BR
Mercruiser 496 Mag - 375hp with Bravo 3 drive, stainless duoprops, switchable Corsa thru transom exhaust, and trim tabs.
Engine scan confirmed ONLY 281.6 HOURS! Just 14 hours a season, with great run history - 217.4 hours under 3500 RPM.
Red painted sides with white hull and deck, stainless rubrail, pop up cleats, stainless deck rails, windshield design with folding walk thru center, extended swim platform, plus front and rear boarding ladders. Rear ski tow eye, and transom wash down shower.
Includes a bimini top, plus snap on bow and cockpit covers.
Spacious sunpad with 2 position backrest that converts to a full lounger. Starboard side walk thru entrance, and port side storage locker. Removable cockpit and bow carpet. L-shaped cockpit seating, driver and passenger bucket seats with flip up bases, and starboard side wetbar with wastebasket.
Port side enclosed head with porta potty.
Tilt steering helm with wood grain wheel and matching dash panels. Compass, depth sounder.
Updated Fusion Bluetooth stereo with helm and transom remotes.
Dual batteries with switch. Plug in battery charger. Push button power engine hatch.
Folding midship walk thru door, and a starboard side storage locker.
Open bow seating area with strorage under cushions, and fill in lounger cushions.
Includes a tandem axle Marine Master trailer with polished wheels and diamond plate step pads.
Available today @ $39,995 - call us today @ 847-458-6488 for appointments and more info. Located in Lake in the Hills, IL.
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
| Date | Event | Price |
|---|---|---|
| 8/7/25 | Initial price | $39,995 |
2005 Formula 240 Bowrider Video Tours
Formula 240 Bowrider: BoatTEST Review
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.
Overview from around the web 2005 Formula 240 Bowrider
Customers praise the 2005 Formula 240 Bowrider for its sleek design, powerful performance, and comfortable seating
Many highlight the boat's smooth handling and responsiveness on the water, making it ideal for both leisurely cruises and water sports. The spacious bow area and well-appointed cockpit provide ample room for family and friends, while the quality craftsmanship and attention to detail stand out in this model. Overall, owners appreciate the blend of style, functionality, and reliability that the 2005 Formula 240 Bowrider offers.
The Biggest Pros and Cons
The 2005 Formula 240 Bowrider is a popular choice for boating enthusiasts looking for a versatile and stylish vessel. Here are some pros and cons of this model:
Pros
Performance: Equipped with a powerful engine, the 240 Bowrider delivers impressive speed and smooth handling, making it great for water sports and cruising.
Design: The sleek and modern design offers both aesthetic appeal and functional layout, with ample seating and storage space.
Comfort: Spacious bow seating and a well-appointed cockpit provide comfort for family and friends during outings.
Build Quality: Known for solid construction and durability, ensuring reliability on the water.
Features: Includes convenient amenities such as a swim platform, integrated cooler, and convenient dashboard controls.
Cons
Size: While versatile, the 240 Bowrider may feel a bit compact for larger groups or extended trips.
Fuel Efficiency: The powerful engine can lead to higher fuel consumption compared to smaller boats.
Storage: Although there is decent storage, it may be limited for longer excursions requiring more gear.
Maintenance: As with many performance boats, upkeep and maintenance can be more intensive and costly.
Made For
The 2005 Formula 240 Bowrider is designed for boating enthusiasts who seek a versatile and stylish vessel ideal for family outings, watersports, and day cruising. Its spacious bowrider layout offers comfortable seating for friends and family, making it perfect for those who enjoy socializing on the water. With reliable performance and quality craftsmanship, this boat suits both casual boaters and those looking for a fun, dependable ride for lakes, rivers, and coastal waters.
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Address
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Boat Location
Contact Grand Sport Center Inc. about 2005 Formula 240 Bowrider
1530 Industrial Drive, Lake in the Hills, IL, 60156
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