March 22, 2010
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Grand Banks 42 Review

 

The Classic Grand Banks 42 Is A Near-Perfect Coastal Cruiser

In a world where boats that have worked just fine for years are cast aside to satisfy market demand for more modern styling, the Grand Banks 42 changed little in its four decades of production. Though still a niche market, trawler yachts have experienced a revival in recent years. And, known for it's timelessly handsome style and solid construction, few, if any, are more recognizable or in greater demand than the Grand Banks 42 Classic.

Drawn by Ken Smith, the original Grand Banks 42 Classic design remained unchanged until 1991, when the company retooled and made the hull longer by eight inches and wider by six inches. While the Grand Banks 42 Classic featured here is unquestionably the most popular model, there are several variations on the original Classic model. The Motoryacht model extends the aft cabin to the hull sides and transom, eliminating deck space in favor of a larger owner's cabin, while the Europa model eliminates the aft cabin altogether in favor of a larger main salon and covered aft deck. The somewhat rare Sport Cruiser model resembles the Europa but eliminates the covered side decks and the extended hardtop over the aft deck.

Overall Length 42.58 - 43.25 Feet
Maximum Beam 13.58 - 14.08 Feet
Maximum Draft 4.17 Feet
Displacement/Weight 34,000 - 36,000 Pounds
Fuel Capacity 600 Gallons
Water Capacity 235 - 300 Gallons
Speed Range 8 - 20 Knots
Exact figures vary according to model, year of production, and/or engine.

Originally, Grand Banks 42s were built of wood utilizing traditional carvel planking and sawn frame construction techniques. Beginning with hull number 353 in 1973, the hulls were built with hand-laid fiberglass with an integral, full-length keel. This type of construction protects underwater running gear. The hulls are supported by a system of fiberglass stringers embedded with dense, closed cell foam. The construction is not high tech, but it is strong and well done.

Even though Grand Banks has built its boats of fiberglass for more than 35 years, to this day, they retain the molded-in planking lines reminiscent of their wood heritage. The teak planked transom, another signature of Grand Banks, adds to the classic wooden boat appearance of the Grand Banks 42.

It is not uncommon for older, fiberglass Grand Bank 42s to suffer some degree of osmotic blistering if they have not been protected with a moisture barrier coat. Boats that spend a significant amount of time in warmer, tropical waters seem to suffer more than those that spend most of their time in colder water.

The hull thickness of the Grand Banks 42 is substantial, and I have never seen any blistering condition that I would consider to have structurally weakened the hull to the point that it was unsafe for normal service. However, the condition can significantly affect a boat's salability and value. Repair of a blistered hull is very expensive, commonly costing $10,000 to $15,000 or more, but it may be a worthwhile investment to protect the boat's value and long-term structural integrity.

The deck of the Grand Banks 42 is composite constructed with fiberglass over a plywood core with a teak overlay. It is fastened with screws and is a potential source of serious problems and considerable maintenance expense as the vessel ages. Deck fastenings and bedding compounds loosen over time, and water eventually migrates into and damages the plywood deck core. Fasteners and seams must be maintained at the first sign of wear or aging. If left unattended until an extensive repair or replacement is necessary, the cost of repair can easily top $25,000.

Window leaks, another annoyance to Grand Banks owners, can usually be kept under control with annual maintenance and cleaning of the tracks and drains around sliding cabin windows.

The quality of Grand Banks' joiner work has become the benchmark for this class of yacht. Although often copied, quite frankly, the quality is seldom matched by competitors.

The forward, side and aft deck areas of the Grand Banks 42 are small and not suited to sitting or lounging, but they are exceptionally secure, with high bulwarks, numerous handholds and an uncluttered layout to allow quick and easy access 360 degrees around the vessel. The teak rails, which were used for many years, slowly gave way to stainless steel and, on the more recent models, the bronze life-rail stanchions, cleats, deck plates and anchor rollers were also replaced with stainless steel.


Two steps along the port cabin house take you to the deck area over the aft cabin. Here, there is room for storage of a 10-foot dinghy to starboard. The boom for the steadying sail serves as a convenient davit for raising and lowering the dinghy to and from the deck. Steps from the aft cabin top to the flybridge area are over the main salon. Early models have a ladder from the aft cabin top, while later models have molded-in steps that are part of the cabin structure. This latter configuration improves the interior headroom at the companionway from the salon to the aft cabin. The flybridge is nearly 15 feet in length, with seating for six or more, and affords excellent visibility in all directions.

Inside the Grand Banks 42 Classic, the layout features a two-stateroom/two-head arrangement divided by mid-ship salon and galley. Over its lifetime, very few changes were made to the basic interior arrangement save for the reduction of teak-veneered plywood in favor of lighter colored formica in the latter years of production. The Grand Banks 42 has large cabin windows that let in plenty of light, so the interior never appears dungeon-like, even on older models that feature more teakwood paneling.

The interior layout of the Grand Banks 42 is centered around the main salon with entrance companionways on either side. The salon is spacious, with an L-shaped dinette aft to starboard and an opposite side settee. The galley is arranged on the port side forward and, although it is a bit short on counter space, storage is ample and easily reached. Forward and to starboard, the lower helm is adjacent to the companionway, and there is a small bar between the dinette and helm.

From the main salon and down several steps, the forward cabin features a large V-berth head to starboard and hanging lockers to port. There are ample drawers and storage below the V-berth. Headroom is well over 6 feet, and opening ports and an overhead deck hatch allow natural ventilation. The master stateroom is aft of the main salon and, again, down several steps. The traditional aft cabin layout features a double berth to starboard and a single port berth. A large head and shower are located forward of the double berth, and a hanging locker is forward of the port berth. An alternate, optional layout features a queen-size island berth and a desk in the port aft corner, with the head and shower separated on each side of the forward entrance to the cabin.

The hull form of the Grand Banks 42 is a semi-displacement design, meaning that given enough horsepower, planing speeds are attainable. In fact, engine options for the later production years offer top speeds of more than 20 knots (23 mph), although at a whopping reduction in operating efficiency. Powered by a single engine, cruising speed ranges from 7 to 10 knots, depending on engine horsepower of from 120 to 375. The long, deep keel provides excellent directional stability at all speeds, but the turning radius is not good; and bow or stern thrusters, which enable better maneuvering in cramped quarters, are a desirable addition on the single engine models.

Although standard equipment on the Grand Banks 42 was always a single diesel engine, the majority of original buyers seem to have opted for twin-engine installations. Ford Lehman's 120- and 135-horsepower models dominated in the 1970s and 1980s, although other engine options were available on some models. Since its introduction, the 210-horsepower Caterpillar engine has been a popular choice among Grand Banks buyers due to its ability to operate efficiently at displacement speed, while providing reserve power for planing performance when the situation demands. For example, with twin 210 Cats, the Grand Banks 42 cruises comfortably and economically at about 10 knots on about 9 gallons of fuel per hour. However, it is capable of a top speed of 15 knots at 23 gallons per hour. This is a 50 percent increase in speed at the cost of nearly a 200 percent increase in fuel consumption and reduced cruising range, but it's nice to know you have it if you need it.

The engine space below the main salon cabin sole is roomy and laid out for easy access to the auxiliary generator and other equipment. Until about 1991 commercial grade, square, acoustic tiles were used for engine room insulation. Although effective, they were not very tolerant of moisture and were eventually replaced with a more marine quality insulating material.


Most Grand Banks 42s have a rather dated mechanical steering system with sprocket, chain and stainless steel cable. Although it can have a somewhat sloppy feel, the mechanical system is sound and effective. All cables and components of the system should be visually inspected at least once a year to ensure they remain in good condition. Beginning in about 1995, a hydraulic system was offered as an option. There is also an emergency tiller in the event of steering system failure, a system that is not very practical as the helmsman has no forward visibility.

Fuel capacity is 600 gallons, with two steel tanks outboard of the engine. Corrosion can be a major problem with these tanks, and if replacement is necessary, the cost can easily range from $4,000 to $6,000 each; so it is important to keep tanks dry, protected and insulated from wood, frames and supports.

With the aid of the Internet, I was recently able to locate 10 Grand Banks 42 Classic models offered for sale at asking prices starting at $55,000. This may give a somewhat false impression that there are plenty of these models for sale and prices are competitive.

First, four of the offerings were pre-1973 and were of wood construction. These models may offer very attractive prices, but any savings can be quickly offset by the added cost of maintenance and upkeep. Unless you are prepared to do a substantial amount of your own maintenance, I believe a good rule of thumb is to anticipate an average "added cost" of at least $100 per foot for maintaining an older wooden boat in good condition. Of course, this assumes it is in good condition to start with.

The six fiberglass models offered were all twin engine models. On average, asking prices were 17 percent higher than the highest published book value for the model year offered. The Grand Banks 42 remains in demand on the used boat market. Although the buyer is likely to have several to choose from, bargain prices for these models are not likely to be found.

The Grand Banks 42 is not the right boat if you want a full displacement, ocean-going motor vessel, but it certainly fits the need of the vast majority of boaters who don't intend to venture far offshore or cross oceans.

The Grand Banks 42 easily accommodates a dozen people for cocktails, six can dine in reasonable comfort, and when it's time to turn in for the evening, it provides privacy and comfort for four. This may be why many who are willing to travel at a leisurely, slow pace consider the Grand Banks 42 Classic a near perfect coastal cruising powerboat.

Jack Hornor, NA is the principal surveyor and senior designer for the Annapolis-based Marine Survey & Design Co. Hornor writes for BoatU.S. Magazine and other marine publications.

Grand Banks Website
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Grand Banks 42 Review

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This page contains real pricing in the current market. Below you see today's listings on YachtWorld.com, the Internet's largest database of brokerage listings. Simply scroll to see prices, and click to see individual listings. To see only boats in your area or a specific model year, refine your search using the form.
New/Used Engines
Mfg/Model City
Type State/Prov.
Length from to Country
Year from to Listings
Hull Per Page
Fuel

Boat Sales | Market Sales

2007 2006 2005 2004 2003
Outboard Boats
Total Units Sold 188,700 204,200 213,300 216,600 207,100
Retail Value 3,358,540,400 3,215,742,200 3,200,861,700 2,867,571,600 2,742,825,960
Average Unit Cost 17,798 15,748 15,006 13,239 13,244
Outboard Engines
Total Units Sold 275,500 301,700 312,000 315,300 305,400
Retail Value 2,554,533,600 3,255,410,900 3,154,904,900 2,879,002,858 2,554,533,600
Average Unit Cost 9,761 10,790 10,112 9,131 8,365
Boat Trailers
Total Units Sold 130,600 130,900 134,100 133,400 130,600
Retail Value 232,088,000 295,874,800 247,548,600 228,037,400 202,012,100
Average Unit Cost 1,839 2,260 1,846 1,709 1,547
Inboard Boats-Ski/Wakeboard Boats
Total Units Sold 12,000 13,100 12,600 11,600 11,100
Retail Value 566,804,600 568,357,200 507,742,200 435,377,200 403,285,200
Average Unit Cost 47,234 43,386 40,297 37,533 36,332
Inboard Boats-Cruisers
Total Units Sold 6,200 6,900 7,800 8,600 8,100
Retail Value 2,888,122,600 3,069,614,900 3,118,557,000 3,334,830,600 3,019,923,000
Average Unit Cost 465,826 444,872 399,815 387,771 372,830
Sterndrive Boats
Total Units Sold 60,400 67,700 72,300 71,100 69,200
Retail Value 2,671,928,300 2,724,065,700 2,573,331,420 2,368,085,700 2,221,115,600
Average Unit Cost 44,237 40,237 35,592 33,306 32,097
Canoes
Total Units Sold 99,600 99,900 77,200 93,900 86,700
Retail Value 55,078,800 58,461,900 48,404,400 56,809,500 49,679,100
Average Unit Cost 553 585 627 605 573
Kayaks
Total Units Sold 346,600 393,400 349,400 337,300 324,000
Retail Value 184,044,600 195,645,000 167,013,200 159,542,900 150,984,000
Average Unit Cost 531 497 478 473 466
Inflatables
Total Units Sold 29,400 25,100 30,100 31,600 30,500
Retail Value 117,961,200 48,229,600 57,551,200 64,685,200 67,435,500
Average Unit Cost 4,012 1,921 1,912 2,047 2,211
Personal Water Craft
Total Units Sold 79,900 82,200 80,200 79,500 80,600
Retail Value 793,460,800 792,079,200 761,531,000 733,454,700 716,501,800
Average Unit Cost 9,931 9,636 9,495 9,226 8,890
Jet Boats
Total Units Sold 6,800 6,200 6,700 5,600 5,600
Retail Value 188,928,300 151,549,100 168,223,600 130,368,000 115,268,200
Average Unit Cost 27,784 24,443 25,108 23,280 20,584
Houseboats
Total Units Sold 420 530 450 550
Retail Value 197,439,100 415,473,200 324,094,500 N/A
Average Unit Cost 470,093 783,912 720,209 N/A
Sailboats
Total Units Sold 11,800 12,900 14,400 14,300 15,000
Retail Value 716,350,100 652,186,900 646,928,417 603,381,900 539,744,700
Average Unit Cost 60,708 50,557 44,926 42,195 35,983
2002 2001 2000 1999 1998 1997
Outboard Boats
Total Units Sold 212,000 217,800 241,200 230,200 213,700 200,000
Retail Value 2,280,908,000 2,195,859,600 2,306,577,000 1,984,328,300 1,596,412,200 1,421,400,000
Average Unit Cost 11,495 10,144 9,188 8,620 7,470 7,107
Outboard Engines
Total Units Sold 302,100 299,100 348,700 331,900 314,000 302,000
Retail Value 2,478,838,900 2,411,045,100 2,901,881,400 2,602,096,000 2,155,610,000 2,006,186,000
Average Unit Cost 8,205 8,061 8,322 7,840 6,865 6,643
Boat Trailers
Total Units Sold 141,200 135,900 158,500 168,000 174,000 181,000
Retail Value 200,645,200 181,698,300 184,494,000 190,008,000 189,660,000 190,050,000
Average Unit Cost 1,421 1,337 1,164 1,131 1,090 1,050
Inboard Boats-Ski/Wakeboard Boats
Total Units Sold 10,500 11,100 13,600 12,100 10,900 6,100
Retail Value 398,811,000 352,569,300 366,438,400 308,429,000 253,348,700 136,408,200
Average Unit Cost 37,982 31,763 26,944 25,490 23,243 22,362
Inboard Boats-Cruisers
Total Units Sold 11,800 10,800 10,300 7,000 6,700 6,300
Retail Value 4,336,559,000 3,758,475,600 2,925,756,200 1,799,420,000 1,704,245,500 1,669,103,100
Average Unit Cost 367,505 348,007 284,054 257,060 254,365 264,937
Sterndrive Boats
Total Units Sold 69,300 72,000 78,400 79,600 77,700 78,800
Retail Value 2,192,231,300 2,217,723,000 2,244,908,400 2,059,394,900 1,854,013,600 1,771,360,300
Average Unit Cost 31,634 30,802 28,634 25,872 23,861 22,479
Canoes
Total Units Sold 100,000 105,800 111,800 121,000 107,800 103,600
Retail Value 56,900,000 57,449,400 64,508,600 67,034,000 64,033,200 61,124,000
Average Unit Cost 569 543 577 554 594 590
Kayaks
Total Units Sold 340,300 357,100 N/A N/A N/A N/A
Retail Value 157,558,900 176,764,500 N/A N/A N/A N/A
Average Unit Cost 463 495 N/A N/A N/A N/A
Inflatables
Total Units Sold - N/A N/A N/A N/A N/A
Retail Value - N/A N/A N/A N/A N/A
Average Unit Cost - N/A N/A N/A N/A N/A
Personal Water Craft
Total Units Sold 79,300 80,900 92,000 106,000 130,000 176,000
Retail Value 697,681,400 641,456,100 720,176,000 771,044,000 868,530,000 1,135,904,000
Average Unit Cost 8,798 7,929 7,828 7,274 6,681 6,454
Jet Boats
Total Units Sold 5,100 6,200 7,000 7,800 10,100 11,700
Retail Value 107,997,600 118,692,800 123,641,000 132,678,000 167,033,800 144,389,700
Average Unit Cost 21,176 19,144 17,663 17,010 16,538 12,341
Houseboats
Total Units Sold
Retail Value
Average Unit Cost
Sailboats
Total Units Sold 15,800 18,600 22,500 18,850 14,500 10,500
Retail Value 567,782,400 638,640,300 760,622,900 N/A N/A N/A
Average Unit Cost 35,936 34,336 33,805 N/A N/A N/A
 
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