Vehicle Information
- Year:
1988
- Make:
Formula
- Model:
Formula 242 LS
- Condition:
Used
1988 Formula 242 LS 24' Runabout2002 Loadmaster TrailerWell MaintainedAccessoriesLocation: San Juan Bautista CA 95045The owner of this well-maintained boat says that the engine was replaced about 5-6 years ago and that there are no more than 500 hours on it. CMI Headers allow this Volvo Penta 375 i/o Engine to produce 400HP. It has been started recently with a hose and was serviced last year and fresh oil was added as well.Check out the video in the second slot in images and below where we list all the equipment.Mostly freshwater usedVolvo Penta 496 Mag EFICMI Stainless HeadersStellings Extension BoxIMCO Marine XR drive rated for 1,000HPDual Optima Blue Top BatteriesHydraulic SteeringMercury 380 K PlanesiPod connectivity with StereoToilet and SinkLife Jackets and many miscellaneous itemsSwim Platform brings the boat to 27'Upholstery is fairCamper TopFull Cover2002 Loadmaster Trailer has newer tires and bearingsSurge Brakes are in fair conditionBrake Lights workClear Boat TitleClear Trailer TitlePick Up OnlySold AS IS Terms of Auction
Auction Terms and Conditions:
All vehiclessold through our auctions are generous donations made to our charity. These vehicles are presented for sale based on the information and images provided by the donors.
Discrepancy Reporting:In the event that a buyer or his agent discovers a major discrepancy between the auction listing and the actual vehicle at the time of pickup, we urge the buyer not to pick up the vehicle. Instead, please take pictures and promptly contact us via classifieds board.
Inspection and Acceptance:Once the buyer or their authorized agent takes possession of the vehicle, no allowances will be made for any defects or damage. It is the responsibility of the buyers or his agent to thoroughly inspect and accept the vehicle in its current state.
"As Is" with "No Warranty":Please be aware that all vehicles are sold "As Is" with absolutely no warranty. Buyers should understand that they are acquiring the vehicle in its current condition.
No Legal Recourse:Buyers acknowledge that there will be no legal recourse available to them should they discover any defects in the vehicle after it has been picked up.
Ask Questions Before Bidding:To ensure you have a clear understanding of the vehicle's condition, we strongly recommend that buyers ask any questions they may have about an item before placing a bid, response provided within 24 hours.
Binding Contract:Placing a bid on an item is a commitment and constitutes a binding contract. By bidding, the buyer commits to purchasing the item should they win the auction.
Non-Paying Winners:In the interest of maintaining the integrity of our auction process, non-paying winners will be reported to classifieds board. This underscores the importance of fulfilling your commitment to purchase.
Payment and Pickup:Payment for vehicles must be made within 48 hours of the auction's conclusion. Furthermore, buyers are required to pick up the vehicle within 10 days after the auction's end, unless alternative arrangements have been agreed to before the auction ends.
Shipping:Please note that we do not provide shipping services.
Payment Processing:Be aware that payment may take 24 to 48 hours to clear. After payment clears, buyer will receive pick up instructions. Buyers are required to schedule an appointment for vehicle pickup.
By participating in our auctions, you agree to abide by these terms and conditions.
These terms and conditions provide clarity and protect the interests of both the buyer and the seller, ensuring a transparent and fair auction process. It's essential for buyers to carefully review these terms and conditions before participating in the auction to avoid any misunderstandings.
Options and Standard Features Basic Information
- Year: 1988
- Make: Formula
- Model: Formula 242 LS
- Stock Number: $$ 3222741
- VIN: TNRM6380F788
- Condition: Used
- Use: Not Specified
- Type: Cuddy Cabin
- Length (Feet): 24
- Beam (Feet): 8
- Hull Material: Fiberglass
- Fuel Type: Gasoline
- Trailer
- Commitment to Purchase: When a buyer places a bid, they are making a commitment to purchase the item if they win the auction. Bidding is a binding agreement to complete the transaction.
- Pre-Bid Questions: It is strongly recommended that buyers ask any questions they may have about an item before placing a bid. This ensures clarity and understanding about the item being auctioned.
- Feedback Requirement: If a buyer has less than 10 feedbacks on classifieds board, they are required to contact the seller via classifieds board messaging before bidding. The seller reserves the right to remove bids from buyers with low, poor, or negative feedback.
- Serious Bidding: Bidders are urged to bid only if they are serious about owning the vehicle or item being auctioned. Bidding should not be taken lightly, as it is a legally binding contract to purchase.
- Non-Payment Reporting: All non-paying high bidders will be reported to classifieds board. This measure is taken to ensure accountability and adherence to the auction terms.
- Payment Deadline: The vehicle must be paid in full within 48 hours of the auction end. Any vehicle that is not paid within 48 hours we reserve the right to relist.
- Payment Options: You have several payment options to choose from, including:
- Zelle / Quick Pay
- Cash deposit to our Bank
- ACH (Automated Clearing House)
- Wire Transfer
- Credit Card + 3.5% fee
- Cash at pick up: Please note that we do not accept cash at pick up
- Payment Processing Time: It's important to be aware that for some payment methods, it may take 24 to 48 hours to clear. This means that the payment may not be immediately visible as cleared funds.
- Access Restriction: Access to the yard or the vehicle will not be granted until the full payment has been received and cleared. This policy is in place to ensure that all financial obligations are met before releasing the purchased vehicle.
These terms are designed to provide clarity and ensure a smooth payment process for auction participants. Please make sure to follow the specified payment guidelines to avoid any issues or delays.
Warranty
- Vehicle Sold "AS-IS": This vehicle is being sold AS-IS with no warranty expressed, written, or implied , regarding the condition or performance of the vehicle.
- Description and Authenticity: The Seller shall not be responsible for the correctness of the description, authenticity, genuineness, or defects of the vehicle. Any descriptions or representations are for identification purposes only and should not be construed as a warranty of any kind.
- No Allowance for Imperfections: The Seller will not make any allowance or compensation on account of any incorrectness, imperfection, defect, or damage found in the vehicle. Buyers should be aware that they are purchasing the vehicle in its current condition.
- Responsibility for Inspection: It is the responsibility of the Buyer or their authorized agent to thoroughly inspect the vehicle before taking possession of it. The Seller strongly encourages buyers to conduct a comprehensive inspection to assess the vehicle's condition accurately.
- Repairs: The Seller assumes no responsibility for any repairs needed or required on the vehicle. Buyers should be prepared to address any necessary repairs or maintenance independently.
- No Allowance After Pickup: Once the buyer or their authorized agent picks up the vehicle, no allowance will be made on account of any incorrectness, imperfection, defect, or damage. It is crucial for buyers to carefully inspect and accept the vehicle in its current state.
These terms are intended to make it clear that the vehicle is sold without any warranties, and buyers are responsible for evaluating the vehicle's condition themselves before completing the purchase.
Pick Up/Shipping
- Buyer's Responsibility: The Buyer is solely responsible
for the pickup of the purchased vehicle within 10 days following the close
of the auction.
- Transaction
Cancellation:
If the vehicle is not picked up within the specified 10-day period, the
Seller reserves the right to cancel the transaction. In such a case, the
Buyer will receive a refund minus a $75 relist and restocking fee.
- Scheduling Pick-Up: The Buyer must schedule
an appointment to pick up the vehicle. Access to the yard or the vehicle
will not be granted until the full payment has been received and cleared.
- No Shipping: Please note that the
Seller does not provide shipping services. All transactions are based on
local pick-up only.
Our helpful staff has been selling fine automobiles & RV's for the last 13 years. They are on hand to help with questions on vehicle condition, shipping, or anything else about the buying process. We have done this many times and we pride ourselves in conducting business with trust and integrity. Please let our experience help you make this a great experience. Selling a Vehicle? Create Professional Listings Fast and Easy. Click Here!
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Auction123 (a service and listing/software company) and the Seller has done his/her best to disclose the equipment/condition of this vehicle/purchase. However, Auction123 disclaims any warranty as to the accuracy or to the working condition of the vehicle/equipment listed. The purchaser or prospective purchaser should verify with the Seller the accuracy of all the information listed within this ad.
1988 Formula 242 LS 24' Runabout
2002 Loadmaster Trailer
Well Maintained
Accessories
Location: San Juan Bautista CA 95045
The owner of this well-maintained boat says that the engine was replaced about 5-6 years ago and that there are no more than 500 hours on it. CMI Headers allow this Volvo Penta 375 i/o Engine to produce 400HP. It has been started recently with a hose and was serviced last year and fresh oil was added as well.
Check out the video in the second slot in images and below where we list all
Add new question to the seller