2002 Formula 31 Performance Cruiser

$24,900

Used

Boat in Grasonville, MD 21638 US

builtBuilt in 2002
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
34ft
Beam
11ft
Max Bridge Clearance
10ft
Max Draft
3.42ft
Cabin Headroom
6.33ft
Deadrise At Transom
19deg
Dry Weight
11730lb
Heads
1
Fresh Water Tanks
50gal
Fuel Tanks
180gal
Holding Tanks
40gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercruiser
Engine Model
6.2
Total Power
320hp
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Engine 2
Engine Make
Mercruiser
Engine Model
6.2
Total Power
320hp
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Manufacturer Provided Description

The Formula 31 PC incorporates the best of exciting performance and carefree cruising. This beautiful Performance Cruiser delivers a flawless Formula ride along with a wide range of yachting capabilities. The 31 PC utilizes molded-in nonskid plus a welded 316 L stainless continuous bow rail - all important features to safeguard expeditions.

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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
2/26/26Price decreased$24,900(-28.7%)
11/12/25Price decreased$34,900(-16.9%)
8/3/25Price decreased$42,000(-14.3%)
6/28/25Initial price$49,000

Videos from Knot 10 Yacht Sales on this 2002 Formula 31 Performance Cruiser

Overview from around the web 2002 Formula 31 Performance Cruiser

Customers praise the 2002 Formula 31 Performance Cruiser for its sleek design and powerful performance

Many highlight its smooth handling and impressive speed, making it a favorite for both leisurely cruises and more spirited outings. The spacious and well-appointed interior receives positive remarks for comfort and style, with ample seating and quality finishes. Owners also appreciate the boat's reliability and solid construction, noting that it holds up well over time. Overall, the 2002 Formula 31 Performance Cruiser is celebrated for combining performance and luxury in a versatile package.

The Biggest Pros and Cons

The 2002 Formula 31 Performance Cruiser offers a blend of sporty performance and comfortable cruising, making it a popular choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

Performance-Oriented Design: The Formula 31 is known for its powerful engines and smooth handling, delivering an exhilarating ride both on open water and in tighter spaces.

Spacious Interior: Despite its performance focus, the boat provides a comfortable cabin layout with ample seating, a well-equipped galley, and sleeping accommodations suitable for overnight trips.

Build Quality: Formula boats are recognized for their solid construction and attention to detail, ensuring durability and longevity.

Versatile Use: Ideal for day cruising, weekend getaways, and entertaining guests, offering a good balance between sportiness and comfort.

Good Visibility: The helm offers excellent sightlines, enhancing safety and ease of navigation.

Cons

Fuel Consumption: With its performance engines, the Formula 31 can be relatively thirsty, leading to higher fuel costs on longer trips.

Cabin Space Limitations: While comfortable for its size, the interior space may feel a bit tight for larger groups or extended stays.

Maintenance Costs: High-performance components and quality finishes can result in higher maintenance and repair expenses compared to more basic cruisers.

Limited Storage: Storage space is adequate but may not accommodate all gear for extended cruising without careful organization.

Made For

The 2002 Formula 31 Performance Cruiser is designed for boating enthusiasts who seek a versatile and stylish vessel that combines sporty performance with comfortable cruising. Ideal for small families or couples, it offers ample space for day trips, weekend getaways, or coastal adventures. Whether you enjoy water sports, entertaining guests, or simply relaxing on the water, this boat provides a perfect balance of speed, handling, and onboard amenities to enhance your boating experience.

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