2002 Grand Banks 42 Classic

$350,000

Used

Boat in Trappe, MD 21673 US

builtBuilt in 2002
Year the boat was built
model

42 Classic

Boat model
engine

1 Engine (Caterpillar)

Engine type and count
length

42 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
42ft
Length Overall
43.25ft
Length at Waterline
41.08ft
Beam
14.08ft
Max Draft
4.83ft
Dry Weight
34000lb
Cruising Speed
9kn
Cabins
2
Heads
2
Fresh Water Tanks
300gal
Fuel Tanks
600gal
Holding Tanks
40gal
Hull Material
fiberglass
Hull Shape
semi-displacement
Engine 1
Engine Make
Caterpillar
Engine Model
3126
Total Power
420hp
Engine Hours
3400
Engine Type
inboard
Fuel Type
diesel
Engine Year
2002
Drive Type
direct
Teak Sidedecks
Cockpit Cushions
Cockpit Table
Electric Bilge Pump
Oven
Air Compressor
Air Conditioning
Electric Head
Hot Water
Refrigerator
Battery Charger
Depthsounder
Radar
Tv Set
Plotter
Autopilot
Gps
Vhf
Flat Screen Tv
Bimini Top
Shore Power Inlet
Generator
Inverter
Mechanical & Electrical

Powered by twin 210 HP diesel engines with reduction gears, this vessel delivers efficient displacement cruising and long-range capability. Key mechanical features include:

  • Bronze propellers (4-blade) and bronze struts with rubber bearings
  • Bronze water-cooled stuffing boxes
  • Dual Racor fuel filtration system
  • Engine room blowers (12V)
  • Oil change pump
  • Sea water cooled exhaust system
  • Fuel tanks in baffled marine-grade steel
  • 4” automatic bilge pumps and manual bilge pump

The engine room layout reflects Grand Banks’ reputation for serviceability and offshore reliability.

 

Robust Electrical System

The 42 Classic is equipped with a comprehensive 12V DC system and shore power integration, including:

  • 50 AMP AC shore power inlets (bow & stern)
  • Generator with remote panel and AC volt/amp meters
  • 12V refrigerator and hot water heater
  • Battery condition indicators and charger
  • Interior and exterior lighting (12V)
  • Bonding system
  • Navigation lights and searchlight
  • Windshield wipers

The system is designed for extended cruising with practical redundancy and ease of monitoring.

Interior

The interior reflects timeless yacht craftsmanship, with warm teak joinery and a highly functional cruising layout:

  • Teak parquet cabin sole
  • Convertible salon seating
  • Lower helm station with full instrumentation
  • Teak dining table
  • U-shaped galley with stainless sink, electric stove, and oven
  • Overhead storage and teak lockers
  • Forward V-berth with storage
  • Guest cabin with over/under berths
  • Island master berth aft (in applicable layouts)
  • Separate stall shower
  • Teak louvered doors and detailed trim throughout

Every space is purpose-built for comfort at anchor or underway.

Disclaimer

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

DateEventPrice
2/20/26Initial price$350,000

Contact The Oxford Yacht Agency

3831 Trappe Landing Rd, Trappe, MD, 21673

Overview from around the web 2002 Grand Banks 42 Classic

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

Many highlight the spacious and comfortable interior, noting the quality teak woodwork and well-thought-out layout that makes extended cruising enjoyable. Owners appreciate the solid build and reliable performance, which offer confidence in various sea conditions. The classic styling combined with modern amenities is frequently mentioned as a key appeal, making it a favorite among traditional trawler enthusiasts. Overall, reviews emphasize the boat’s blend of elegance, durability, and practical functionality.

The Biggest Pros and Cons

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

Pros

Classic Styling: The Grand Banks 42 Classic features a traditional teak interior and exterior detailing, offering a warm, elegant ambiance that appeals to enthusiasts of classic yachts.

Solid Construction: Built with a robust fiberglass hull and quality craftsmanship, it ensures durability and safety for extended cruising.

Spacious Layout: The 42 Classic provides comfortable living spaces, including a roomy salon, well-equipped galley, and multiple staterooms, making it ideal for liveaboard or extended trips.

Efficient Fuel Consumption: Designed for economical cruising speeds, it offers good fuel efficiency for its size, enhancing range and reducing operating costs.

Reliable Performance: Powered by dependable diesel engines, the boat delivers steady and manageable handling in various sea conditions.

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

Cons

Maintenance-Intensive: The extensive use of teak woodwork requires regular upkeep to maintain its appearance and prevent wear.

Older Electronics: Being a 2002 model, onboard electronics and navigation systems may be outdated and could require upgrades.

Moderate Speed: The vessel prioritizes comfort and efficiency over speed, so it may not appeal to those seeking faster cruising capabilities.

Limited Headroom in Some Areas: Certain parts of the interior may have lower ceilings, which can feel restrictive for taller individuals.

Price Point: Due to its reputation and build quality, the Grand Banks 42 Classic can command a higher price compared to similar-sized yachts from other manufacturers.

Made For

The 2002 Grand Banks 42 Classic is ideal for discerning boaters who appreciate timeless design, solid craftsmanship, and comfortable cruising. It is perfect for those seeking a reliable and elegant trawler that offers spacious accommodations for extended voyages, whether for leisurely coastal cruising or longer offshore adventures. This vessel suits couples or small families who value a combination of classic style, practical functionality, and seaworthy performance.

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.
Monthly payment
$2,216.33/mo
$
$
%
Principal Loan Amount$ 297,500
Total Payment$531,918.95

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.
Monthly payment
$2,216.33/mo
$
$
%
Principal Loan Amount$ 297,500
Total Payment$531,918.95

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Meet the Broker

The Oxford Yacht Agency

Address

3831 Trappe Landing Rd
Trappe, MD 21673

Boat Location

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