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2016 Formula 37 Cruiser Sold Boat in Toms River, NJ 08753 US

$264,999

Used
We will let you know when another 2016 Formula 37 Cruiser is available in Toms River, NJ
builtBuilt in 2016
Year the boat was built
model

37 Cruiser

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

38.4 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 37 Cruiser 2016 - 50193082016 Formula 37 Cruiser
Price$264,999$259,000$279,000$279,000$250,000$288,910
LocationToms RiverJersey CityMonmouth BeachMonmouth BeachCarteretPoint Pleasant Beach
Nominal Length-35'46'46'50'31'
Engine MakeMercruiserYanmar-VolvoCaterpillarMercury
Total Engine Power380 hp29 hp-480 hp600 hp250 hp
Days on Market58045192886561
Get in touch
Length Overall
38.42ft
Hull Material
fiberglass
Engine 1
Engine Make
Mercruiser
Engine Model
8.2 Mag HO Sea Core
Total Power
380hp
Engine Hours
289
Fuel Type
gasoline
Engine 2
Engine Make
Mercruiser
Engine Model
8.2 Mag HO Sea Core
Total Power
380hp
Engine Hours
289
Fuel Type
gasoline
Summary
WHITE HULL, 8.2 Big Blocks with Axius Joystick Docking, Hardtop, and much more. This boat is in Excellent condition and has been maintained with an open check book!!

Price History

DateEventPrice
2/6/25Initial price$264,999

Contact Cast Off Yacht Sales

1 Crabbe Rd, Toms River, NJ, 08753

Formula 37 Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 37 PC is a performance cruiser that blends the speed, strength, and handling heritage of offshore powerboat racing with the comfort and luxury expected in modern cruising vessels. As part of Formula Boats' lineup ranging from 27 to 40 feet, the 37 PC stands out by tracing its design roots back to the early 1960s offshore racing era, combining rugged offshore capabilities with refined cruising amenities.

Exterior Design and Hull

The Formula 37 PC features a semi-deep V-hull with a sharp entry forward to effectively cut through waves, complemented by an 18-degree deadrise at the transom to provide stability and improved efficiency for recreational boating. This hull design reflects Formula's offshore racing experience, ensuring the boat can handle challenging open ocean conditions with strength and reliability.

Power and Performance

Buyers of the 37 PC have six propulsion options, including both pod drives and stern drives, with horsepower ranging from twin 330-horsepower diesel engines to twin 425-horsepower gasoline engines. All configurations can be equipped with a joystick control system to facilitate easy docking. This range of power options underscores the boat's versatility and performance capabilities, making it one of the best-handling boats in its class.

Interior Living Spaces

Below deck, the Formula 37 PC exhibits the high level of fit and finish for which the brand is known. The interior features ultra-leather seating, high-gloss cabinetry capable of securely holding 12-inch dishes, and drawers constructed with dovetail joints for durability. Quality appliances are integrated throughout the living spaces, emphasizing both luxury and functionality.

Exterior Appointments and Warranty

On deck, seating is handmade using premium UV-resistant fabrics and threads to ensure longevity and comfort. The boat's graphics employ Emron paint that is meticulously buffed to a flawless finish. Formula uses custom-made 316 stainless steel hardware rather than standard marine fittings, highlighting attention to detail and durability. Supporting this quality construction is a 10-year structural warranty and a five-year limited service contract called Formula Guard, covering nearly all boat components—an uncommon level of protection in the industry.

Conclusion

The Formula 37 PC represents a unique fusion of offshore racing pedigree and cruising luxury, offering exceptional performance, handling, and build quality. While its price point reflects its premium construction and equipment, it remains competitive within its market segment. After extensive testing, it is regarded as one of the finest performing and best-handling boats in its class, embodying the qualities of a high-end, reliable, and comfortable performance cruiser.

Rating: 4.5 out of 5

Overview from around the web 2016 Formula 37 Cruiser

Customers praise the 2016 Formula 37 Cruiser for its sleek design, spacious and comfortable interior, and impressive performance on the water

Many highlight the boat's smooth handling and powerful engines, making it ideal for both cruising and entertaining. The quality craftsmanship and attention to detail throughout the vessel receive consistent compliments, as does the well-thought-out layout that maximizes living and storage space. Overall, owners appreciate the combination of luxury, functionality, and reliability that the 2016 Formula 37 Cruiser delivers.

The Biggest Pros and Cons

The 2016 Formula 37 Cruiser offers a blend of performance, luxury, and innovative design, making it a standout choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

Sleek Design: The 37 Cruiser boasts a modern, sporty exterior with clean lines and a stylish profile that turns heads on the water.

Spacious Interior: Its intelligently laid-out cabin provides ample space for comfortable overnight stays, including a well-appointed galley, a full head, and multiple sleeping areas.

Performance: Powered by reliable engines, the Formula 37 Cruiser delivers impressive speed and smooth handling, ensuring an exhilarating yet stable ride.

Quality Construction: Built with high-quality materials and craftsmanship, the boat offers durability and longevity.

Innovative Features: Equipped with advanced electronics, a user-friendly helm station, and thoughtful amenities that enhance convenience and enjoyment.

Versatile Cockpit: The cockpit area is designed for socializing and relaxation, featuring comfortable seating and easy access to swim platforms.

Cons

Price Point: As a premium cruiser, the 2016 Formula 37 may be on the higher end of the price spectrum, which could be a consideration for budget-conscious buyers.

Fuel Consumption: With its performance-oriented engines, fuel efficiency may be lower compared to smaller or less powerful models.

Size Limitations: While spacious for its class, those seeking larger accommodations or more extensive living space might find the 37 Cruiser somewhat limited.

Maintenance Costs: As with many high-quality cruisers, upkeep and maintenance can be more involved and costly due to the complexity of systems and materials used.

Made For

The 2016 Formula 37 Cruiser is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and comfort. It is ideal for families and couples who enjoy day cruising, entertaining guests, and extended weekend getaways on the water. With its spacious layout and stylish design, this boat appeals to those who appreciate quality craftsmanship and versatile functionality in a mid-sized cruiser.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 Formula 37 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$ 225,249
Total Payment$402,736.85
Monthly payment
$1,678.07/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 Formula 37 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$ 225,249
Total Payment$402,736.85
Monthly payment
$1,678.07/mo

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Meet the Broker

Address

1 Crabbe Rd
Toms River, NJ 08753
Other Information about Cast Off Yacht Sales

Cast Off Yacht Sales is a full service brokerage committed to providing our clients with a positive boat buying or selling experience. With over 15 years experience we have the knowledge and know how to make sure your transaction is smooth and stress free! We will work hard to complete your sale or purchase in a quick and professional manner!

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