A fishing lure system with an example having a two-part fishing lure having a replaceable hook-retainer carriage assembly which is removably insertable in an elastomeric body component. When configured as a two-part lure, the fishing lure may be configured with a flexible elastomeric body component with a precisely positioned preformed cavity in the head region for receiving a weighted hook-retainer carriage. The carriage may be inserted into the lure through a slit or passageway. The elastomeric bodies, hooks and weighted carriage assemblies of one example are independently removable and replaceable. The carriage assembly of one example includes an integral hook eye retaining loop and hook shank retainers which exit through passageways from the preformed cavity to the dorsal surface of the elastomeric body. The eyelet and retainers may be configured to position an upward pointing hook that is removably secured adjacent the outside dorsal surface of the lure.