2002 Formula 37 PC Boat in Annapolis, MD 21403 US

$89,900

Used
builtBuilt in 2002
Year the boat was built
model

37 PC

Boat model
engine

1 Engine (MerCruiser)

Engine type and count
length

32.1 feet

Overall boat length
fuel

Gas

Fuel type
material

--

Hull material
Nominal Length
32.083333333333336ft
Length Overall
32.083333333333336ft
Beam
1111ft
Max Draft
26ft
Fresh Water Tanks
57gal
Fuel Tanks
236gal
Holding Tanks
55gal
Engine 1
Engine Make
MerCruiser
Engine Model
496mag Bravo 3 (no hour meter)
Engine Hours
4
Fuel Type
gasoline

Price History

DateEventPrice
4/15/26Initial price$89,900

Contact National Liquidators

300 North Federal Hwy, Dania Beach, FL, 33004

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 37 PC is a premium cruiser designed for both performance and ease of handling. Equipped with twin 430 horsepower 8.2 MAG HO engines and the advanced Axius joystick control system, this vessel offers precise maneuverability and powerful performance. Measuring 38 feet 5 inches in length overall with a 12-foot beam and a draft of 34 inches, the 37 PC balances spaciousness with agility, making it a capable boat for a variety of cruising conditions.

Exterior Design and Bridge Features

The 37 PC features a thoughtfully designed helm area with a double-wide seat that comfortably accommodates both captain and observer, each with flip-up bolsters that also serve as armrests. The helm panel is elegantly finished with faux burl wood and includes a 12-inch Raymarine E120 display, SmartCraft vessel view, fuel gauges, trim gauges, and optional autopilot controls. The power quadrant integrates digital throttle and shift controls, trim tabs, the Axius joystick, remote spotlight control, and a Skyhook station-keeping system. The steering wheel is leather-wrapped with wood trim and mounted on a tilt base for ergonomic handling. Boarding is facilitated by a non-skid cap rail, stainless grab handle, and variable-height railings that rise from 19 to 27 inches at the bow. The bow area includes a concealed Lumar windlass with automatic latching hatch, stainless steel anchor chute, freshwater washdown option, and dual foot control switches, enhancing both functionality and safety.

Engine Access and Systems

Maintenance and daily checks are simplified by the inclusion of a deck hatch that provides easy access to the twin engines. Additional compartments on the starboard side house the batteries, head pumps, and a fixed firefighting system, ensuring that critical systems are readily accessible. The engine hatch allows for more extensive maintenance, but the deck hatch is particularly convenient for routine inspections.

Power and Performance

Powered by twin 430 horsepower 8.2 MAG HO engines, the Formula 37 PC delivers a top speed of 46.7 miles per hour at 4,800 RPM, with a corresponding fuel burn of 67.5 gallons per hour, yielding a range of approximately 147 miles. The most efficient cruising speed is achieved at 3,500 RPM, where the boat maintains 32.2 miles per hour while consuming 33.25 gallons per hour. This allows for a cruising range of 206 miles over six hours and 24 minutes with a 10% fuel reserve. Acceleration is brisk, with the vessel planing in 4.8 seconds, reaching 20 miles per hour in 6.6 seconds, 30 miles per hour in 11.6 seconds, and 40 miles per hour in 18.8 seconds. The bow rises about 12 degrees during acceleration due to its forward position, temporarily obscuring the horizon until the boat planes. Once on plane, a slight adjustment of the trim tabs results in a comfortable 6 to 7 degree bow-high cruising attitude. Steering is responsive with two and a half turns lock to lock, providing precise control without overly sharp or uncomfortable turns.

Handling and Maneuverability

The Axius joystick system greatly enhances close-quarters handling, allowing the 37 PC to move in any direction with minimal effort. Docking mode reduces power for fine control, and the joystick’s placement offers excellent visibility of both bow and stern, critical for tight marina maneuvers. The helm’s ergonomic layout ensures that throttle, trim tabs, and joystick controls are within easy reach, facilitating confident operation in confined spaces. At idle speeds, the captain’s seating position may require adjustment to maintain clear sightlines through the windshield, but the boat’s generous headroom makes standing at the helm preferable during cruising.

Conclusion

The Formula 37 PC combines premium build quality with advanced technology to deliver a versatile and enjoyable cruising experience. Its powerful engines, efficient fuel consumption, and responsive handling make it suitable for both leisurely cruises and more spirited outings. The integration of the Axius joystick system simplifies close-quarters maneuvering, while the well-appointed helm and accessible engine compartments contribute to ease of operation and maintenance. Overall, the 37 PC stands out as a capable and thoughtfully designed cruiser in its class.

Overview from around the web 2002 Formula 37 PC

Customers praise the 2002 Formula 37 PC for its sleek design, spacious cockpit, and solid performance on the water

Many highlight the boat’s comfortable seating and well-appointed interior, making it ideal for both day cruising and longer trips. Owners appreciate the reliable power and smooth handling, along with the quality craftsmanship evident throughout. The boat’s versatility and stylish appearance consistently receive positive remarks from those who have experienced it firsthand.

The Biggest Pros and Cons

The 2002 Formula 37 PC is a well-regarded sport cruiser known for its blend of performance, luxury, and versatility. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with strong engines, the 37 PC delivers impressive speed and handling, making it enjoyable for cruising and watersports.

Spacious Interior: The cabin offers ample space with comfortable sleeping accommodations, a well-appointed galley, and a functional head, suitable for overnight stays.

Quality Construction: Formula boats are known for solid build quality and attention to detail, ensuring durability and reliability.

Versatile Layout: The open cockpit and extended swim platform provide excellent areas for entertaining and outdoor activities.

Good Visibility: The helm station offers excellent sightlines for safe and confident navigation.

Cons

Fuel Consumption: With its powerful engines, fuel efficiency can be on the lower side, which may increase operating costs.

Maintenance Costs: As with many performance cruisers, maintenance and repairs can be relatively expensive, especially as the boat ages.

Limited Storage: While the interior is spacious, storage space may be somewhat limited for extended cruising or larger groups.

Ride in Rough Water: Though generally stable, the boat’s performance may be less comfortable in very choppy conditions compared to larger yachts.

Made For

The 2002 Formula 37 PC is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and comfort. Ideal for those who enjoy stylish day cruising, entertaining guests, and spending extended time on the water, this model caters to individuals and families looking for a versatile and reliable boat with spacious accommodations and sleek, sporty design. Whether you're navigating coastal waters or enjoying a weekend getaway, the Formula 37 PC offers an exceptional boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 37 PC. 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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 37 PC. 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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

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Meet the Broker

Address

300 North Federal Hwy
Dania Beach, FL 33004

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