What is a 1988 Formula worth?
A 1988 Formula carries a median asking price of $11,500 on the used market, with most selling between $11,000 and $12,000. Figures come from 26 real listings in BoatVerdict's market data, not a static guidebook.
1988 Formula used price range
Interquartile range from 26 live listings (full span $6,000 to $12,500). Sources: craigslist.
A 1988 Formula typically sells for $12,500 based on current market listings, with most boats priced between $12,000 and $12,500. Price varies primarily by model size, engine condition, hours, and whether the boat has been repowered or refurbished. Regional differences and specific model desirability also affect resale value.
Where 1988 Formula boats are listed
Frequently asked questions
What is the average price of a 1988 Formula?
The median asking price for a 1988 Formula is $12,500, based on 8 active listings. The typical range is $12,000 to $12,500, though some boats are listed as low as $10,900.
What affects the value of a 1988 Formula boat?
Engine condition and hours are the primary drivers, followed by hull condition, electronics upgrades, and whether major systems have been replaced or updated. Larger models and boats with documented maintenance command higher prices within the range.
Is a 1988 Formula a good value compared to new boats?
A 1988 Formula at $12,500 represents roughly 0.7% of the median new Formula price of $1,716,500, making it an affordable entry point for buyers willing to manage older systems and potential refit costs.
How much should I pay for a 1988 Formula?
Most 1988 Formula boats sell between $12,000 and $12,500, with the median at $12,500. Expect to pay toward the lower end if the boat needs engine work, upholstery, or electronics, and toward the upper end for turnkey condition with recent upgrades.
Formula values by year
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