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2002 Grand Banks 42 Classic Sold Boat in Harpswell, ME US

$369,000

Used
We will let you know when another 2002 Grand Banks 42 Classic is available in Harpswell, ME
builtBuilt in 2002
Year the boat was built
model

42 Classic

Boat model
engine

--

Engine type and count
length

42 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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This Boat
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The Image of Grand Banks 42 Classic 2002 - 02002 Grand Banks 42 Classic
Price$369,000$395,000
LocationHarpswellYarmouth
Nominal Length42'36'
Draft4'-
Engine Make-Cummins
Total Engine Power-380 hp
Days on Market40479
Get in touch
Nominal Length
42ft
Length Overall
42ft
Beam
14ft
Max Draft
4ft
Fresh Water Tanks
270gal
Fuel Tanks
600gal
Holding Tanks
40gal
Hull Material
fiberglass

This stunning Grand Banks 42 Classic has been lovingly cared for by three owners.  For all but two winters she has been stored inside for 8-9 months per year and most of those years it has been inside heated storage.  She was a custom or retail order and had virtually all the options added including Naiad stabilizers, bow thruster and much much more.  We have over 100 high resolution photos all loaded on a CD; call and ask us for one! 

Contact

Harpswell, ME

Overview from around the web 2002 Grand Banks 42 Classic

Customers praise the 2002 Grand Banks 42 Classic for its timeless design and solid craftsmanship

Many highlight the spacious and comfortable interior, noting the quality woodwork and classic teak finishes that create a warm, inviting atmosphere. The boat’s seaworthiness and stable ride receive frequent commendations, making it a favorite for both coastal cruising and longer passages. Owners also appreciate the reliable twin diesel engines and the ease of handling, which contribute to a confident and enjoyable boating experience. Overall, the 2002 Grand Banks 42 Classic is celebrated for blending traditional style with practical functionality, appealing to those seeking a classic trawler with proven performance.

The Biggest Pros and Cons

The 2002 Grand Banks 42 Classic is a well-regarded trawler known for its timeless design and solid construction. Here are some of the key pros and cons to consider:

Pros

Classic Styling: The 42 Classic features the iconic Grand Banks traditional lines with a graceful sheer and teak wood accents, offering timeless elegance on the water.

Solid Build Quality: Built with a robust fiberglass hull and high-quality materials, this model is known for its durability and seaworthiness.

Spacious Layout: The interior is designed for comfortable cruising, with a roomy salon, well-appointed galley, and generous stateroom accommodations.

Fuel Efficiency: Equipped with a reliable diesel engine, the 42 Classic offers efficient long-range cruising capabilities.

Excellent Visibility: The raised pilothouse design provides 360-degree visibility, enhancing safety and ease of navigation.

Ample Storage: Plenty of storage lockers and cabinetry make it practical for extended voyages.

Good Resale Value: Grand Banks yachts tend to hold their value well due to their reputation and build quality.

Cons

Maintenance Requirements: The extensive use of teak wood requires regular upkeep to maintain its appearance and prevent wear.

Older Electronics: As a 2002 model, the onboard electronics and navigation equipment may be outdated and could require upgrading.

Limited Speed: Designed primarily for comfortable cruising rather than speed, it has a modest top speed compared to more modern powerboats.

Fuel Consumption at Higher Speeds: While efficient at displacement speeds, fuel consumption can increase significantly if pushed beyond cruising speeds.

Interior Headroom: Although comfortable, the headroom in some areas may feel slightly limited for taller individuals.

Cost of Ownership: Maintenance and operational costs for a classic Grand Banks can be higher compared to newer or less complex vessels.

Made For

The 2002 Grand Banks 42 Classic is ideal for discerning boaters who appreciate timeless design, quality craftsmanship, and comfortable cruising. It’s perfect for couples or small families seeking a reliable and elegant vessel for extended coastal voyages, weekend getaways, or liveaboard adventures. This classic yacht appeals to those who value spacious accommodations, traditional styling, and solid performance on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Grand Banks 42 Classic. 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 Trawler cost in today's market, or how much does a Grand Banks 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$ 313,650
Total Payment$560,794.55
Monthly payment
$2,336.64/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Grand Banks 42 Classic. 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 Trawler cost in today's market, or how much does a Grand Banks 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$ 313,650
Total Payment$560,794.55
Monthly payment
$2,336.64/mo

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