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2003 Cobalt 240
Posted: Sat Sep 18, 2021 6:09 pm
by MG87
Looking at a 2003 Cobalt 240 with 219 hours on the meter. It has the 8.1 Penta with the Duo Prop.
Seller is wanting $30,000. Interior and exterior are excellent. Comes with a matching trailer as well.
Wondering if anyone has thoughts on reliability and known issues with the 240?
Any thoughts and info appreciated!
Re: 2003 Cobalt 240
Posted: Sat Sep 18, 2021 6:19 pm
by AsLan7
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Hey MG87. So glad you found us!
I’d hop on that boat with those specs and that price. It will go fast. Any pics of this 240?
And welcome aboard mate!
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Re: 2003 Cobalt 240
Posted: Sat Sep 18, 2021 9:01 pm
by Big Block Power
Do it before someone else does.
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 6:45 am
by Krob1114
You might want to look at this thread and really check the boat out:
viewtopic.php?f=45&t=5721
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 9:49 am
by Big Block Power
That was a Ford!
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 10:28 am
by SAB220
Ya definitely have check the boat out I would have somebody more knowledgeably the me (Professional) do it, might be a repower (new engine). Spend $50K and have it sit? Sometime things are to good to be true. FW/SW boat?
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 11:25 am
by dustinm
30k seems too cheap
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 11:53 am
by Big Block Power
Send us the link.
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 2:34 pm
by tomace13
I wouldn’t use my bad luck as a standard to go by. I’ve worked on engines my whole life, there was no way of knowing a bearing would go bad. And there’s no way the previous owner could have known. In fact the previous owner wrote me a check for $1,500 and the dealer another $1,500. The full rebuild will end up costing me just a fraction of what it could have been.
But yes, give it a good test drive and look at the maintenance history. Sometimes that just isn’t enough though.
Re: 2003 Cobalt 240
Posted: Sun Sep 19, 2021 5:44 pm
by Big Block Power
tomace13 wrote: Sun Sep 19, 2021 2:34 pm
I wouldn’t use my bad luck as a standard to go by. I’ve worked on engines my whole life, there was no way of knowing a bearing would go bad. And there’s no way the previous owner could have known. In fact the previous owner wrote me a check for $1,500 and the dealer another $1,500. The full rebuild will end up costing me just a fraction of what it could have been.
But yes, give it a good test drive and look at the maintenance history. Sometimes that just isn’t enough though.
Very true.
Re: 2003 Cobalt 240
Posted: Mon Sep 20, 2021 7:48 am
by Krob1114
tomace13 wrote: Sun Sep 19, 2021 2:34 pm
I wouldn’t use my bad luck as a standard to go by. I’ve worked on engines my whole life, there was no way of knowing a bearing would go bad. And there’s no way the previous owner could have known. In fact the previous owner wrote me a check for $1,500 and the dealer another $1,500. The full rebuild will end up costing me just a fraction of what it could have been.
But yes, give it a good test drive and look at the maintenance history. Sometimes that just isn’t enough though.
Well said. I'm glad you were dealing with upright people.
