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2007 Formula 240 Bowrider Sold Boat in Canandaigua, NY 14424 US

$32,999

Used
We will let you know when another 2007 Formula 240 Bowrider is available in Canandaigua, NY
builtBuilt in 2007
Year the boat was built
model

240 Bowrider

Boat model
engine

1 Engine (mercruiser)

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 2007 - 02007 Formula 240 Bowrider
Price$32,999$31,287$34,900$35,900$29,900$28,999
LocationCanandaiguaPenn YanMamaroneckMamaroneckHampton BaysHampton Bays
Nominal Length24'13'26'26'22'24'
Engine MakemercruiserMercuryVolvoMerCruiserVolvoYAMAHA
Total Engine Power300 hp40 hp375 hp300 hp270 hp180 hp
Days on Market400294272180311496
Get in touch
Nominal Length
24ft
Length Overall
24ft
Beam
8.5ft
Dry Weight
5150lb
Max Passengers
9
Seating Capacity
9
Fuel Tanks
55gal
Hull Material
fiberglass
Engine 1
Engine Make
mercruiser
Engine Model
350 MAG EFI
Total Power
300hp

Price History

DateEventPrice
8/7/25Initial price$32,999

Contact Seager Marine, Inc.

21 Parrish Street, Canandaigua, NY, 14424

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 2007 Formula 240 Bowrider

Customers have shared positive experiences about the 2007 Formula 240 Bowrider, highlighting its impressive performance, spacious layout, and stylish design

Owners appreciate the powerful engine that provides thrilling acceleration and smooth handling on the water, making it ideal for both cruising and water sports. The boat's spacious cockpit and plush seating provide comfort for family and friends, creating an inviting atmosphere for day outings. Many have noted the well-thought-out storage solutions, keeping gear organized and easily accessible. The bow area is particularly praised for its ample space, allowing for relaxing days in the sun. Additionally, the quality of construction and attention to detail are frequently mentioned, with buyers feeling confident in the longevity of their investment. The overall aesthetic appeal of the Formula 240 Bowrider, with its sleek lines and vibrant color options, also earns high marks, making it not just a boat, but a statement on the water. In summary, the 2007 Formula 240 Bowrider is well-regarded for its blend of performance, comfort, and style, making it a popular choice among boating enthusiasts.

The Biggest Pros and Cons

The 2007 Formula 240 Bowrider is a well-regarded vessel known for its blend of performance, comfort, and style. Here are some pros and cons to consider:

Pros

Performance: The Formula 240 Bowrider is equipped with powerful engines that deliver impressive speed and handling, making it perfect for water sports and cruising.

Build Quality: Formula boats are known for their exceptional craftsmanship. The 240 Bowrider features a solid construction and high-quality materials, ensuring durability and longevity.

Spacious Layout: With ample seating in both the bow and cockpit areas, this bowrider comfortably accommodates friends and family, making it an excellent choice for social outings.

Luxurious Amenities: The boat comes with premium features such as plush upholstery, a well-designed helm, and thoughtful storage solutions, enhancing the overall experience on the water.

Versatile Usage: Ideal for day cruising, water sports, or relaxing at the beach, the 240 Bowrider offers versatility to suit various boating activities.

Stylish Design: The sleek and sporty aesthetic of the Formula 240 Bowrider makes it stand out on the water, attracting attention wherever it goes.

Cons

Fuel Efficiency: Like many powerful boats, the 240 Bowrider may not be the most fuel-efficient option, which can be a consideration for budget-conscious boaters.

Cost: While it offers excellent quality, the price point might be higher compared to other boats in the same category, potentially putting it out of reach for some buyers.

Maintenance: The upscale features and finishes may require more upkeep and maintenance, adding to the overall cost of ownership.

Limited Overnight Capability: The 240 Bowrider is primarily designed for day use, and its space may not be ideal for extended overnight trips, especially if you’re looking for more sleeping accommodations.

Storage: While it offers some storage solutions, those planning to carry a lot of gear might find the storage space somewhat limited.

Made For

The 2007 Formula 240 Bowrider is designed for boating enthusiasts who crave both performance and luxury on the water. This model is perfect for those who enjoy entertaining friends and family, offering ample seating and a spacious open layout that encourages socializing. Ideal for watersports lovers, the powerful engine options provide exhilarating speed and agility, making it a great choice for wakeboarding, tubing, or simply cruising along scenic coastlines. Whether you're a seasoned boater or new to the sport, the Formula 240 Bowrider caters to a diverse range of preferences. Its sleek design and premium craftsmanship appeal to individuals who appreciate style and comfort. With features like a well-appointed cockpit, ample storage, and a sound system, this boat is perfect for weekend getaways, day trips to the local beach, or sunset cruises. The 2007 Formula 240 Bowrider seamlessly blends performance with luxury, making it an excellent choice for anyone looking to make unforgettable memories on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2007 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 Runabout 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$ 28,049
Total Payment$50,150.57
Monthly payment
$208.96/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2007 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 Runabout 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$ 28,049
Total Payment$50,150.57
Monthly payment
$208.96/mo

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21 Parrish Street
Canandaigua, NY 14424

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