When two boats share the same hull type — in this case both the Malibu iRide 2006 and the Malibu Wakesetter 247 LSV 2006 are modified vee designs with composite construction — the buying decision usually comes down to a handful of practical questions: how many people are you putting on the water, how far do you trailer, and what does your tow vehicle weigh?
On paper these two are close siblings in the size department — Malibu iRide 2006 at 21,0 ft versus Malibu Wakesetter 247 LSV 2006 at 24,0 ft. At 29 lbs and 4 lbs respectively, both sit in a similar weight class — either should pair comfortably with most mid-size SUVs and half-ton trucks, though always confirm your specific tow rating with the motor added.
The power gap is worth calling out. Rated to 450 hp, the Malibu Wakesetter 247 LSV 2006 has a 50-hp advantage over the Malibu iRide 2006's 400-hp ceiling — enough to notice on acceleration and at cruising speed, particularly with a full passenger load. Fuel capacity breaks the other way: the Malibu Wakesetter 247 LSV 2006 carries 87 gallons versus 46 gallons in the Malibu iRide 2006. On a lake day that's negligible, but for coastal cruising or long reservoir runs the extra range matters.
For family outings this is probably the sharpest distinction between the two. The Malibu Wakesetter 247 LSV 2006 is rated for 16 passengers, while the Malibu iRide 2006 caps at 1. If you're regularly pulling extended family or a group of friends onto the water, the extra seats on the Malibu Wakesetter 247 LSV 2006 could be the deciding factor.
Bottom line: Choose the Malibu Wakesetter 247 LSV 2006 if your priority is putting more people on the water — it handles 16 passengers and at 24,0 ft it has the deck room to back that rating up comfortably. The Malibu iRide 2006 is the smarter pick if you want a lighter, easier-to-trailer boat rated for 1 that costs less to run day-to-day.