1996 Formula 382 SR1
“BARN FIND”
We have all heard the stories about the vintage automobile that was been left in storage for years to one day be discovered by some unsuspecting sole. Well here it is EXCEPT it’s a boat.
Offered for sale is this beautiful 1996 FORMULA 382 SR-1 and trailer. SO here’s the story.
This, vessel is a ONE owner boat that was bought new by its original owner who resided on Sanibel Island in Florida. The boat was used maybe 10 hours in Salt Water then moved by the owner to fresh water on beautiful Lake Cumberland in South Central Kentucky. The boat was used for another estimated 40 hours over the next 2 years of 1997 and 1998. The boat was then put into storage after winterization in 1999. In 2000 the vessel came out for summarization and was not used it again was winterized in 2000, before it set for the next 13 years in storage. Covered and protected from the elements the boat has held up well with NO major flaws to the finish or to the upholstery. As depicted in the photos the headliner in the interior is the only detriment to the cabin.
The cockpit and the original dash have no major flaws and is well equipped for this vintage of a vessel, with its ShipMate 5800 GPS and ShipMate 5300 VHF Radio. All gauges and switches are intact and function properly. The electric foot rest at the helm and first mates seat work flawlessly. The original Gaffrig throttle and shift handles are in excellent condition. The original emergency lanyards are still present.
The cabin has many amenities such as Running water Refrigerator and AC. The boat is equipped with shore power and has an on board Kohler generator all factory installed. The gen has lees hours than the engines approx 20 hrs and that may be a stretch.
The power package is original to the boat with a pair of Mercury Racing 525 SC and Bravo 1 outdrives. Equipped with Stainless Steel 3 blade Bravo 1 props and K plains (Factory rigging) the boat runs a respectable 68-70 MPH. with 1-2 passengers and light load of fuel. The engines came out of storage with 54 hrs clocked on the hour meters. The engines are now showing 72 hrs, all of which are from re commissioning the boat after its long layup. The engines were removed and all gaskets replaced, Carbs were sent back to Holley for reconditioning, Cylinder head springs replaced, all electronic ignition replaced less distributor housings, all fuel related components replaced, fuel tanks drained and cleans on multiple occasions to insure clean fuel flow. Drives removed and serviced, multiple lake tests to verify running at peak performance, all fluids updated as well. Receipts totally 21,000.00 to verify all maintenance performed to equate to the 18 hrs added t
