The Malibu Boats M242 2024 vs Malibu Wakesetter 247 LSV 2006 comparison sits squarely in the category of decisions where specs alone won't tell the whole story — intended use, storage, and long-term ownership costs all factor in.
On paper these two are close siblings in the size department — Malibu Boats M242 2024 at 24,2 ft versus Malibu Wakesetter 247 LSV 2006 at 24,0 ft. Weight tells a clearer story for trailering families: the Malibu Boats M242 2024 tips the scales at 7 500 lbs — 7 496 lbs more than the Malibu Wakesetter 247 LSV 2006 at 4 lbs. That difference is meaningful if you're working within a half-ton or three-quarter-ton truck's tow rating, especially once you factor in a motor, gear, and fuel.
The power gap is worth calling out. Rated to 607 hp, the Malibu Boats M242 2024 has a 157-hp advantage over the Malibu Wakesetter 247 LSV 2006's 450-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 Boats M242 2024 carries 94 gallons versus 87 gallons in the Malibu Wakesetter 247 LSV 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 Boats M242 2024 caps at 7. 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 Boats M242 2024 is the smarter pick if you want a lighter, easier-to-trailer boat rated for 7 that costs less to run day-to-day.