2004 Formula 40 Performance Cruiser Boat in Chicago, IL 60614 US

$129,900

Used
builtBuilt in 2004
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x Yanmar)

Engine type and count
length

40 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
40ft
Length Overall
42.67ft
Beam
12.58ft
Max Draft
4ft
Drive Up Draft
3ft
Deadrise At Transom
18deg
Dry Weight
19304lb
Cruising Speed
26kn
Max Speed
33kn
Cabins
3
Heads
1
Seating Capacity
5
Fresh Water Tanks
55gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
displacement
Engine 1
Engine Make
Yanmar
Engine Model
435 TURBO DIESEL. 6LY2A-STP
Total Power
435hp
Engine Hours
1250
Engine Type
inboard
Fuel Type
diesel
Engine Year
2004
Drive Type
v
Engine 2
Engine Make
Yanmar
Engine Model
6LY2A-STP
Total Power
435hp
Engine Hours
1250
Engine Type
inboard
Fuel Type
diesel
Engine Year
2004
OVERALL

Highlights

  • Twin Yanmar 6LY2A-STP turbo diesel engines

  • Approx. 1200 hours

  • ZF V-drive transmissions

  • Deep-V performance hull

  • 250-gallon fuel capacity

  • 55-gallon freshwater capacity

  • 12’8” beam

  • 42’6” LOA

  • Fiberglass hardtop

  • Spacious cockpit with Formula’s renowned entertaining layout

  • Large cabin with forward berth, convertible salon, enclosed head, and galley

  • Kohler generator

  • Shore power with dual 30-amp service

Performance

According to BoatTEST:

  • Time to Plane: 7.3 seconds

  • 0–30 MPH: 14.3 seconds

  • Top Speed: Approximately 38 MPH (33 knots)

  • Comfortable Cruise: Around 26–29 MPH at approximately 2,500 RPM

  • Fuel burn at cruise: approximately 18 GPH total

  • Cruise range: approximately 290 nautical miles

The legendary Formula deep-V hull provides a smooth, predictable ride in Great Lakes conditions while delivering excellent handling and impressive fuel economy for a vessel of this size.

Specifications

  • Length Overall: 42’6”

  • Beam: 12’8”

  • Draft: 35”

  • Displacement: 21,550 lbs

  • Fuel Capacity: 250 gallons

  • Fresh Water: 55 gallons

  • Holding Tank: Marine sanitation system

  • Hull: Fiberglass Deep-V

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.
Engine Room
  • Motorized engine hatch
  • Quick-access service hatch
  • Automatic fire suppression system
  • Fume detector
  • Remote oil filters
  • Raw water strainers
  • 80-amp battery charger
  • Battery parallel switch
  • Automatic bilge pumps
  • High-water alarm
  • Bennett hydraulic trim tabs
  • Bronze struts and rudders
  • 1¾" Aquamet 19 stainless shafts
  • Four-blade Nibral propellers
  • 7.6 kW Westerbeke diesel generator 

Price History

DateEventPrice
7/29/26Initial price$129,900

Contact Jefferson Beach Yacht Sales

24400 Jefferson, St. Clair Shores, MI, 48080

Formula 40 Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Boat Test Review on BoatTest.com

Overview

The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from an average one. Designed with functionality and premium craftsmanship in mind, this model offers a blend of innovative features and thoughtful details that enhance both comfort and usability on the water.

Exterior Design and Cockpit

A standout feature of the Formula 40 PC is its versatile stern section, which significantly enhances the boat's functionality. The stern sunpad is equipped with twin backrests that lock into three distinct positions, allowing it to serve as an aft-facing chaise lounge for sunbathing, an aft-facing seat when at anchor, or additional forward-facing seating for the cockpit. The sunpad lifts on gas shocks to reveal storage space containing a remote control for the swim platform, which doubles as a tender or personal watercraft platform. Also stored here are filler cushions for the U-shaped cockpit seating and cocktail tables, all secured in dedicated cutouts. The cockpit seating is upholstered in Nautilex marine vinyl and includes storage compartments beneath. The cockpit area features flush-mounted stainless steel drink holders and a stereo remote control for convenience. Moving forward, the bow is easily accessible via a walk-through windshield, with ample handholds and a solid, non-skid deck that resists flexing, reflecting the build quality typical of premium yachts.

Interior Living Spaces

Inside, the galley is thoughtfully arranged on the port side, featuring a coffee docking station and generous countertop space measuring approximately 29.5 by 30 inches. The galley includes a two-burner electric stove with a safety micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. The cabinetry showcases dovetail joinery on all drawers, a hallmark of quality craftsmanship. The main cabin benefits from three port lights that provide natural light and ventilation. Privacy is enhanced by an innovative lighting system with dimmable uplights and adjustable covers that direct light downward, surpassing the typical curtain solutions found on many boats. Additional interior features include cedar-lined lockers behind mirrored hatches and a port-side cabinet containing a privacy safe and dovetailed drawers that retract smoothly when closed.

Private Accommodations

The forward berth offers ample storage with two pull-out drawers beneath the bed, incorporating the same automatic retraction mechanism as other drawers on board. Overhead, a hatch provides natural light, ventilation with a sliding screen, and serves as an emergency escape route. The aft cabins stand out as particularly comfortable spaces, furnished with ultra-leather seating and equipped with a 19-inch LCD television on the port side. These cabins include substantial storage, including dedicated compartments for pedestals that convert the space into additional berths. The cabins provide about five feet of overhead clearance, with a sole extension that allows occupants to stand naturally without head clearance issues.

Conclusion

The Formula 40 PC by Formula demonstrates a clear commitment to upscale design and functionality. From its adaptable stern sunpad and solid deck construction to its well-appointed galley and comfortable private accommodations, this yacht offers a premium boating experience. The attention to detail in storage solutions, lighting, and materials underscores the difference that quality craftsmanship makes in a cruiser of this class.

Rating: 4.3 out of 5

Overview from around the web 2004 Formula 40 Performance Cruiser

Customers have been enthusiastic about the 2004 Formula 40 Performance Cruiser, highlighting its impressive blend of performance, luxury, and design

Many appreciate the powerful twin engine setup, which delivers exhilarating speed while maintaining stability and smooth handling on the water. The sleek, aerodynamic styling is often mentioned as a standout feature, turning heads in any marina. Inside, owners rave about the spacious and well-appointed cabin, which offers comfortable seating and high-quality finishes, making it perfect for both day trips and extended stays. The galley is thoughtfully designed, equipped with modern amenities that enhance the overall cruising experience. Moreover, the 2004 Formula 40 Performance Cruiser is praised for its easy handling and responsive controls, which inspire confidence even in less experienced boaters. Customers also commend its ample storage options, making it easy to bring along all the gear needed for a successful outing. Overall, the consensus is that this model represents an exceptional combination of power, comfort, and style, making it a sought-after choice for those looking to enhance their time on the water.

The Biggest Pros and Cons

Formula 40 Performance Cruiser (2004) - Pros and Cons

Pros

Performance-Oriented Design: The Formula 40 is renowned for its sleek, aerodynamic lines and powerful engine options, ensuring exhilarating speed and handling on the water.

Spacious Interior: With a well-thought-out cabin layout, the cruiser offers ample space for relaxation and entertaining, including a full galley, comfortable seating, and multiple sleeping quarters.

Quality Build: Formula is known for its commitment to quality and durability. The use of high-grade materials and superior craftsmanship contributes to the vessel's long-lasting appeal.

Versatile Cruising Experience: The Formula 40 is designed for both day cruising and extended outings, making it a versatile choice for various boating adventures.

Excellent Stability: The deep-V hull design provides impressive stability in choppy waters, enhancing overall safety and comfort for passengers.

Luxury Features: High-end finishes, modern electronics, and thoughtful amenities elevate the cruising experience, appealing to those looking for a touch of luxury on the water.

Cons

Fuel Consumption: While performance is a strong point, the powerful engines can lead to higher fuel consumption, which may concern long-distance cruisers.

Cost of Maintenance: As with many high-performance vessels, maintenance and repair costs can be higher compared to more utilitarian boats.

Docking Size: The Formula 40’s size may require larger docking spaces and could be challenging for novice boaters to maneuver in tight marinas.

Limited Storage: While spacious, the interior may have limited storage options, which could pose challenges for extended trips requiring additional gear.

Requires Skilled Handling: The performance-oriented design may require a more experienced hand at the helm, especially in conditions that demand quick responsiveness.

Availability of Parts: Given its age, sourcing specific replacement parts might prove to be more challenging compared to newer models. The Formula 40 Performance Cruiser (2004) stands as a distinguished choice for those seeking a blend of luxury and performance on the water, with careful consideration of its pros and cons.

Made For

The 2004 Formula 40 Performance Cruiser is designed for boating enthusiasts who crave a perfect blend of luxury, performance, and versatility. Ideal for those who appreciate speed and agility on the water, this powerboat caters to both the adventurous spirit and the desire for comfort. With its sleek, aerodynamic lines and powerful twin-engine configuration, the Formula 40 is perfect for those who love to hit the open waters and explore coastal destinations at exhilarating speeds. The spacious cockpit and plush seating make it an excellent choice for social gatherings, whether you're hosting a sunset cocktail party or enjoying a fun day with family. Inside, the cabin offers modern amenities and stylish furnishings, appealing to buyers looking for a boat that doesn’t compromise on comfort. Accommodations for overnight excursions make this cruiser suitable for weekend getaways or extended trips. Ultimately, the 2004 Formula 40 Performance Cruiser is for discerning boaters who prioritize sophistication and performance, making it an exceptional choice for both thrill-seekers and those looking to unwind in luxury on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 Formula 40 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$ 110,415
Total Payment$197,417.92
Monthly payment
$822.57/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 Formula 40 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$ 110,415
Total Payment$197,417.92
Monthly payment
$822.57/mo

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Meet the Broker

Address

24400 Jefferson
St. Clair Shores, MI 48080

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