2002 Formula 34 Performance Cruiser Boat in Norwalk, CT 06854 US

$69,900

Used
builtBuilt in 2002
Year the boat was built
model

34 Performance Cruiser

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
12.5ft
Hull Material
fiberglass
Hull Shape
other
Engine 1
Engine Make
Mercruiser
Engine Model
496 MAG MPI B3
Total Power
375hp
Engine Hours
900
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine 2
Engine Make
Mercruiser
Engine Model
496 MAG MPI B3
Total Power
375hp
Engine Hours
900
Engine Type
inboard-outboard
Fuel Type
gasoline
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp
Total Power
375.0 hp

Price History

DateEventPrice
3/20/26Price decreased$69,900(-6.8%)
3/18/26Initial price$74,990

Contact Rex Marine Yacht Sales

144 Water St, South Norwalk, CT, 06854

Boattest.com Review

Overview

The Formula 34PC is a versatile express cruiser designed to balance manageable size with ample amenities for enjoyable weekend getaways. Introduced with significant updates in 2017, this model features major enhancements to its stern platform and cockpit, improving both functionality and aesthetics. The boat is powered by twin 380 horsepower V8 8.2-liter MerCruiser engines paired with Bravo 3X outdrives, delivering strong performance and ease of handling.

Exterior Design and Cockpit

The 34PC's swim platform has been nearly doubled in size, creating a spacious teak beach ideal for launching water sports equipment or even carrying a tender. The swim bladder is cleverly concealed beneath the platform, safely away from the propellers, and a robust stainless steel rail encircles the edge, serving as both a secure handhold for swimmers and a durable fender during docking. The stern quarters are equipped with Formula-branded cleats, shore power connections, courtesy LED lights, stern lights, and two speakers. On the port side, a hot and cold shower and hose connections facilitate quick engine flushes with fresh water, a feature uncommon in this class. The cockpit lounge seat backs are designed to swing fore and aft, allowing them to convert into aft-facing chaise lounges or form a cozy seating area. Under the sun pad, there is ample storage for fenders, dock lines, shore power cables, and a dedicated holder for the cockpit table. A concealed wet bar on the port side includes a sink with faucet, a refrigerator with pull-out drawer, house battery switch, breaker panel, trash container, and two USB ports. The cockpit can accommodate one or two pedestal tables for dining or entertaining. The helm area and cockpit dash feature a refined gray surface that reduces glare and enhances the overall aesthetic.

Hardtop and Bow Area

An optional hardtop significantly enhances guest comfort by providing shade and protection from the elements. It includes two ventilation hatches, LED lighting, and two stainless steel grilled speakers positioned forward. The bow area features sun pads on both sides that can be flipped up to form chaise lounges in multiple positions, offering flexible relaxation options.

Interior Living Spaces

Below deck, the 34PC offers spacious accommodations suitable for weekend cruising. The aft cabin provides ample seating that converts into a berth, complemented by a flat-screen TV mounted on the bulkhead, which can be enjoyed from the main salon. The salon itself is appointed with ultra-leather upholstery featuring suede lumbar support and includes two tables with room for a third, which can be lowered to create an additional berth. The galley, located to port, continues the Corian countertop theme with a new bourbon cherry finish. It includes a glass panel with downlights illuminating stemware storage, dry storage compartments, and all the standard galley features expected in this class. Moving forward, the island queen berth is accessible via stairs on both sides and benefits from opening port lights, an overhead hatch, and mirrored cabinets housing cedar-lined hanging lockers. The head compartment features Corian countertops, a stainless steel single basin sink, an opening port light for ventilation, ample storage, and a standard Formula One vacuum flush toilet.

Power and Performance

The 34PC is powered by twin MerCruiser 8.2-liter V8 engines, each producing 380 horsepower, paired with Bravo 3X outdrives. Engine hatch access is conveniently controlled from the helm. The engine compartment is well-organized, with double-clamped hoses, properly secured batteries with terminal covers, and battery switches located beneath a day hatch near the generator. The bow features a hatch over a concealed Lumar windlass with a 250-foot all-chain rode leading to a polished stainless steel anchor mounted on a through-the-stem roller. The windlass system includes washdown capabilities, two foot control switches, a handheld remote, and a remote control spotlight, all standard equipment. The helm seat is double-wide with individual flip-up bolsters for enhanced visibility. Instrumentation includes fuel gauges, a 7-inch VesselView display, a hybrid touch display, Axios joystick control, Bennett trim tabs, and DTS controls. On the water, the 34PC reached a top speed of 48.3 miles per hour at 4900 RPM, with a fuel consumption of 66.3 gallons per hour, yielding a range of 135 miles. The most efficient cruise speed was 32.5 miles per hour at 3500 RPM, burning 31.9 gallons per hour and providing a range of 189 miles with nearly six hours of endurance while maintaining a 10% fuel reserve. Acceleration times were measured at 4.1 seconds to plane, 7.1 seconds to 20 mph, 12.8 seconds to 30 mph, and 19.8 seconds to 40 mph. The boat exhibits a bow rise of 10 degrees during acceleration, settling to a 6-degree bow-high attitude on plane. Handling is responsive but sensitive to weight distribution, easily managed with trim tabs and outdrive adjustments. The 18-degree deadrise hull leans up to 23 degrees in hard turns and maintains a comfortable 17 degrees of roll during moderate maneuvers. Docking is simplified by the Axios joystick, which provides precise directional control even in crosswinds, with adjustable responsiveness via the DTS system.

Conclusion

The Formula 34PC successfully combines manageable size with thoughtful design enhancements and strong performance capabilities. Its expanded swim platform, versatile cockpit seating, well-appointed interior, and powerful propulsion system make it a capable and comfortable express cruiser for weekend adventures. Ease of handling, especially with the Axios joystick and DTS controls, further enhances its appeal to boaters seeking a responsive and user-friendly vessel. Overall, the 34PC represents a well-executed balance of functionality, comfort, and performance.

Rating: 4.3 out of 5

Overview from around the web 2002 Formula 34 Performance Cruiser

Customers are consistently praising the 2002 Formula 34 Performance Cruiser for its impressive combination of performance, luxury, and versatility

Many boaters appreciate the powerful twin engine setup, which provides both speed and stability, making it ideal for thrilling day trips and smooth evening cruises alike. The spacious and well-designed cockpit is frequently highlighted, featuring comfortable seating, ample storage, and an easy-to-navigate layout that enhances the overall experience on the water. Enthusiasts enjoy the high-quality finishes and attention to detail in the cabin, which includes a fully equipped galley, cozy sleeping quarters, and a stylish salon, making it perfect for both weekend getaways and longer trips. Additionally, owners commend the boat’s overall build quality and durability, noting that it stands up well against the elements while still delivering a classy and enjoyable outing. The versatility of the Formula 34 allows for a range of activities, from relaxing with family to entertaining friends, which resonates well with a diverse group of customers. Overall, the positive feedback reflects a strong satisfaction with the 2002 Formula 34 Performance Cruiser, emphasizing its reputation as a well-rounded vessel for both performance enthusiasts and those seeking comfort on the water.

The Biggest Pros and Cons

Pros

Performance and Handling: The Formula 34 is well-regarded for its powerful engines and superior handling, providing an exhilarating driving experience on the water.

Stylish Design: With sleek lines and a modern aesthetic, the design of the 2002 Formula 34 Performance Cruiser stands out, making it visually appealing both at the dock and on the water.

Spacious Interior: The interior layout offers ample space, featuring comfortable seating and sleeping arrangements for overnight stays. It is ideal for weekend getaways with family or friends.

Quality Craftsmanship: Known for high-quality construction and materials, Formula boats have a reputation for durability and longevity, ensuring you get a reliable vessel.

Amenities: Equipped with a full galley, head, and entertainment systems, the 2002 model provides a comfortable and enjoyable boating experience.

Versatile Use: Whether for cruising or watersports, the Formula 34 is highly versatile, catering to a range of boating activities.

Storage Options: Offers generous storage compartments, making it easier to stow gear and personal items for longer trips.

Cons

Fuel Consumption: The high-performance engines can lead to increased fuel consumption, which may be a consideration for those looking for more economical options.

Maintenance Costs: Like many performance boats, ongoing maintenance and upkeep can be more costly compared to slower, less complex vessels.

Size and Maneuverability: While spacious, the overall size may make it less maneuverable in tight spaces or crowded marinas, particularly for novice boaters.

Limited Freshwater Capacity: The freshwater tank size may not accommodate extended trips without careful water management.

Age-Related Concerns: As a 2002 model, potential buyers should assess the condition of the vessel thoroughly, as wear and tear may affect performance and aesthetics.

Market Availability: Depending on location, finding a well-maintained 2002 Formula 34 may be challenging due to limited listings and market availability.

Made For

The 2002 Formula 34 Performance Cruiser is designed for boating enthusiasts who value both performance and comfort. Ideal for families and friends seeking a versatile vessel, it seamlessly blends speed with luxury. Its powerful engines appeal to those who crave thrilling day trips, while the spacious cabin and well-appointed amenities make it perfect for extended weekend getaways or overnight adventures. This cruiser is also for individuals who appreciate attention to detail and quality, as it features high-end materials and craftsmanship. Whether you’re an experienced boater looking for a reliable performance vessel or a newcomer eager to explore the open water, the Formula 34 offers a perfect mix of style, functionality, and exhilarating performance. Enjoy the best of both worlds—sporty handling for those exciting jaunts and comfortable spaces to relax and entertain.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 34 Performance Cruiser. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Power Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 34 Performance Cruiser. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Power Cruiser cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 59,415
Total Payment$106,231.81
Monthly payment
$442.63/mo

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144 Water St
South Norwalk, CT 06854

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