1986 Formula 242 Ls Sold Boat in Newburyport, MA 01950 US
Built in 1986
242 Ls
2 Engines (2x Chevy)
24 feet
Gas
Fiberglass/Reinforced
Other Formula boats for sale in Massachusetts, United States
If you are looking for a classic, high-performance, powerboat - you've found it! This 1986 Formula 242 LS is a RARE FIND. Formulas have earned their reputation for excellence for decades, originating from the highly respected racing stable of Formula Boats, beginning in 1956 with simple runabouts and evolving to more streamlined, smooth-riding, performance-oriented models.
This Formula 242 is a modern classic that was completely refitted by the current owner from the bottom paint up in 2018. The twin Chevy 350 V8 engines were completely rebuilt from scratch moving the hp from stock 520 to 840 hp with 120 hrs with fresh rebuilt Alph 1 drives. She cruises at 35 mph/2800 rpm and 65 mph/5000+ rpm WOT. She is equipped with a compass, a radio, Bluetooth, and speakers. The open interior has upholstered twin bucket seats, a rear bench seat, a cushioned sun pad aft, a swim platform, and a swim ladder. Below deck, the 8 ft beam makes for a very spacious interior for a high-performance boat of this size. There is a comfortable 2 berth cuddy cabin, perfect for overnights and water-toy storage. The hull was repainted/gelled with all of the detail and is in beautiful shape. A Load Rite dual-axel trailer is included in the sale.
As the current owner says, "She's FAST, FUN & LOUD". So, if you are in the market for a retro head-turner, schedule a showing NOW to take advantage of the 2024 season.
Detailed pics of the rebuild are available upon request.
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.
1986 Formula 242 Ls Video Tours
Overview from around the web 1986 Formula 242 Ls
Customers appreciate the 1986 Formula 242 LS for its classic styling and solid build quality
Many highlight its powerful performance on the water, noting the smooth handling and responsive steering. Owners often mention the spacious cockpit layout, which provides comfortable seating for family and friends. The boat's durable construction and reliable engine have earned praise for making it a dependable choice for weekend outings and longer trips alike. Overall, users value the blend of performance, comfort, and timeless design that the 1986 Formula 242 LS offers.
The Biggest Pros and Cons
The 1986 Formula 242 LS is a classic sport cruiser known for its blend of performance and comfort. Here are some pros and cons to consider:
Pros
Powerful Performance: Equipped with a robust engine, the 242 LS delivers strong acceleration and impressive speed, ideal for watersports and cruising.
Spacious Layout: The boat offers ample seating and cabin space for a vessel of its size, making it comfortable for day trips or overnight stays.
Quality Build: Known for solid construction and durable materials, the Formula 242 LS has a reputation for longevity and reliability.
Versatile Design: Its design balances sporty handling with practical amenities, appealing to families and water enthusiasts alike.
Classic Styling: The 1986 model features timeless styling that continues to attract vintage boat lovers.
Cons
Aging Systems: Being a vintage model, some mechanical and electrical components may require updates or maintenance to ensure optimal performance.
Fuel Efficiency: The powerful engine, while offering great performance, tends to consume more fuel compared to modern boats.
Limited Modern Amenities: Lacking some of the latest technological conveniences and electronics found in newer models.
Maintenance Costs: Older boats often need more frequent upkeep, which can add to ownership costs.
Availability of Parts: Certain replacement parts might be harder to find due to the boat’s age.
Made For
The 1986 Formula 242 LS is designed for boating enthusiasts seeking a versatile and stylish sport cruiser. Ideal for those who enjoy both high-performance speed on the water and comfortable accommodations for family and friends, this model suits individuals or small groups looking for a blend of excitement and relaxation. Whether you're into day cruising, watersports, or weekend getaways, the Formula 242 LS offers a balanced package perfect for making memorable boating experiences.
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Address
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Boat Location
Contact Merri-Mar Yacht Basin, Inc about 1986 Formula 242 Ls
364 Merrimac St, Newburyport, MA, 01950
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