1998 Formula 31 Performance Cruiser

$48,000

Used

Boat in Buffalo, NY 14218 US

builtBuilt in 1998
Year the boat was built
model

31 Performance Cruiser

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

31 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
31ft
Length Overall
33.08ft
Beam
11ft
Dry Weight
11730lb
Heads
1
Hull Material
fiberglass
Engine 1
Engine Make
MerCruiser
Engine Model
7.4 LX MPI
Engine Hours
679
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Engine 2
Engine Make
MerCruiser
Engine Model
7.4 LX MPI
Engine Hours
691
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
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
8/11/25Price decreased$48,000(-9.3%)
8/4/25Price decreased$52,900(-5.4%)
7/1/25Price decreased$55,900(-6.7%)
6/28/25Initial price$59,900

Contact Boatworks Of Buffalo

187 Wilmuth Ave, Lackawanna, NY, 14218

Boattest.com Review

Overview

The Formula 31 PC is a thoughtfully designed cruiser that balances functionality with elegant styling. This model introduces an extended swim platform and an aft sun pad, enhancing the boat's usability for water sports and leisure activities. The design reflects Formula's commitment to contemporary American nautical aesthetics and practical layouts.

Exterior Design and Cockpit

The most notable exterior update is the extended swim platform, which significantly increases space for lounging and sunbathing. This platform features a built-in swim ladder and a heavy-duty stainless steel handrail, complemented by a smaller handrail with recessed lighting. The deck surface mimics teak in appearance but is soft underfoot and resistant to overheating. The aft sun pad includes a versatile backrest that locks into three positions, allowing it to function as an aft-facing seat, a chaise lounge, or additional forward-facing cockpit seating. The sun pad lifts on gas shocks to reveal storage compartments for fenders, cocktail tables, and filler cushions for the U-shaped cockpit seating. This seating is upholstered in Nautilex marine vinyl with storage beneath, and the cockpit can be outfitted with one or two removable cocktail tables. Additionally, the port side features a refrigerated drawer beneath a sink, ensuring beverages remain secure and chilled.

Interior Living Spaces

Inside the cabin, the Formula 31 PC offers an open and roomy salon with a refined, elegant design. The mid-cabin area is particularly notable for its spaciousness and tasteful styling, with open stairs to the topside that resemble sculptural artwork. On the starboard side, a comfortable sofa with dual tables can be lowered to create an extra berth, complemented by a 15-inch LCD flat screen TV. The galley, while compact, is well-equipped for preparing breakfasts, lunches, and light evening meals. The cabinetry demonstrates high-quality craftsmanship comparable to upscale household kitchens.

Private Accommodations and Head

The forward berth measures 5 feet 10 inches by 4 feet 5 inches and includes a cedar hanging locker with a full-length mirror on its side. The wet head is designed with functionality in mind, featuring a single basin sink and a privacy curtain that separates half of the head to keep the shower area dry. Towels can be hung on the inside of the head door but remain outside the shower curtain to stay dry.

Conclusion

The Formula 31 PC combines thoughtful design with practical features, offering enhanced exterior lounging space and a stylish, comfortable interior. Its well-executed layout and quality finishes make it a versatile boat suitable for both water sports and relaxed cruising.

Overview from around the web 1998 Formula 31 Performance Cruiser

Customers praise the 1998 Formula 31 Performance Cruiser for its excellent blend of sporty performance and comfortable cruising

Many highlight its powerful engine and smooth handling, which make it a joy to pilot both on open water and in tighter spaces. The spacious cockpit and well-designed cabin receive positive remarks for providing ample room and thoughtful amenities, making it ideal for weekend getaways or longer trips. Owners also appreciate the boat’s solid construction and reliability, noting that it holds up well over time with proper maintenance. Overall, the 1998 Formula 31 Performance Cruiser is valued for delivering a high-performance boating experience without sacrificing comfort and style.

The Biggest Pros and Cons

The 1998 Formula 31 Performance Cruiser offers a compelling blend of speed, comfort, and style, making it a popular choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

Performance: Equipped with powerful engines, the Formula 31 delivers impressive speed and smooth handling, ideal for both cruising and watersports.

Design: Sleek and sporty exterior lines combined with a well-thought-out cockpit provide an attractive and functional layout.

Comfort: Spacious interior with quality finishes includes comfortable seating, a functional galley, and sleeping accommodations suitable for overnight trips.

Versatility: The boat easily transitions from a performance cruiser to a pleasure craft, accommodating a variety of activities on the water.

Build Quality: Known for solid construction and durability, offering reliability for extended use.

Cons

Fuel Consumption: Given its performance capabilities, the Formula 31 may have higher fuel consumption compared to more economy-focused cruisers.

Interior Space: While comfortable, the interior space is somewhat limited compared to larger cruisers, which might affect long-term liveaboard comfort.

Maintenance: As with many performance boats, upkeep might be more intensive and costly, especially for older models.

Access: Some users find access to certain engine components or storage areas less convenient, which can complicate routine maintenance.

Made For

The 1998 Formula 31 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of speed, comfort, and style. Ideal for those who want a versatile vessel capable of thrilling performance on the water, combined with spacious accommodations for cruising and entertaining. Whether you're planning day trips with family and friends or longer excursions, this boat offers an enjoyable and dynamic boating experience for those who appreciate quality craftsmanship and classic design.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 31 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.
Monthly payment
$303.95/mo
$
$
%
Principal Loan Amount$ 40,800
Total Payment$72,948.88

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 31 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.
Monthly payment
$303.95/mo
$
$
%
Principal Loan Amount$ 40,800
Total Payment$72,948.88

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Meet the Broker

Address

187 Wilmuth Ave
Lackawanna, NY 14218

Boat Location

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