2001 Formula 34 Performance Cruiser

$64,900

Used

Boat in Staten Island, NY 10301 US

builtBuilt in 2001
Year the boat was built
model

34 Performance Cruiser

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

34 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
34ft
Length Overall
34ft
Beam
12ft
Hull Material
fiberglass
Engine 1
Engine Make
MerCruiser
Engine Model
7.4L MPI
Total Power
350hp
Engine Hours
995
Engine 2
Engine Make
MerCruiser
Engine Model
7.4L MPI
Total Power
350hp
Engine Hours
995
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
5/13/26Initial price$64,900

Contact Knot 10 Yacht Sales

Boat Location Appears Under Price In Listing

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.

Overview from around the web 2001 Formula 34 Performance Cruiser

The 2001 Formula 34 Performance Cruiser consistently garners positive feedback from owners and enthusiasts

Customers often praise its sleek design and impressive performance on the water. The powerful twin-engine setup delivers exhilarating speed and agility, making it a favorite for those who enjoy spirited cruising. Many users appreciate the spacious cabin, which includes comfortable sleeping arrangements, a well-equipped galley, and a stylish lounge area. The attention to detail in the interior finishes adds a luxurious touch, making it ideal for both weekend getaways and longer excursions. Owners also note the ample storage space, ensuring all gear and essentials can be easily stowed away. Additionally, customers highlight the Formula 34's impressive handling, particularly in various water conditions, and its fuel efficiency for a boat of its size. The thoughtful layout allows for effortless movement on deck, enhancing the overall boating experience. Overall, the 2001 Formula 34 Performance Cruiser is celebrated for its blend of performance, comfort, and stylish design, making it a reliable choice for both casual and avid boaters alike.

The Biggest Pros and Cons

Pros

Design and Aesthetics: The Formula 34 features a sleek and timeless design that combines sporty lines with elegant styling, making it visually appealing both on the water and at the dock.

Performance: Renowned for its impressive performance, this boat is equipped with powerful engines that deliver exhilarating speed and smooth handling. Whether cruising or navigating choppy waters, the Formula 34 excels.

Comfortable Cabin: The interior offers a spacious cabin with well-appointed amenities. It includes a cozy galley, comfortable sleeping quarters, and ample storage, making it ideal for extended weekend getaways.

Quality Construction: Built with high standards of craftsmanship, the Formula 34 is known for its durability and longevity. It features a solid fiberglass hull and premium materials throughout the boat.

Versatile Use: This cruiser is perfect for a variety of boating activities, including entertaining guests, weekend trips, or just a day out on the water.

Innovative Features: Equipped with numerous modern conveniences like a reliable navigation system, responsive controls, and a well-designed layout, enhancing both safety and functionality.

Cons

Fuel Consumption: While performance is a strong suit, the powerful engines can lead to higher fuel consumption, which may impact running costs, particularly during long trips.

Maintenance: The luxurious amenities and complex systems may require more upkeep than some simpler boats. Routine maintenance can be essential to keep everything in top condition.

Space Limitations: While the cabin offers a good amount of space for a 34-foot boat, some may find it cramped compared to larger cruisers, especially when accommodating more guests.

Age-Related Considerations: Being a model from 2001, buyers should consider the potential need for updates or repairs related to age, such as electronics or upholstery.

Price Point: Although it offers excellent features, the price might be higher than similar models from the same era, particularly for well-maintained options.

Made For

The 2001 Formula 34 Performance Cruiser is designed for boating enthusiasts who crave a perfect blend of performance and comfort on the water. This sporty yet luxurious vessel is ideal for those seeking thrilling day trips and relaxing weekends alike. Its powerful twin engine setup provides exhilarating speed, making it perfect for adventurous individuals or families looking to explore coastal waters. With ample space for entertaining and relaxing, the Formula 34 caters to those who enjoy socializing with friends and family on board. Luxurious features, such as a well-appointed cabin and sleek exterior design, appeal to discerning boaters who value aesthetics as much as performance. Whether you're a seasoned boater or a newcomer to the world of cruising, the 2001 Formula 34 Performance Cruiser promises an unforgettable experience on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Express 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$ 55,165
Total Payment$98,632.97
Monthly payment
$410.97/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 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 Express 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$ 55,165
Total Payment$98,632.97
Monthly payment
$410.97/mo

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