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2002 Formula 37 PC Sold Boat in Freeport, NY US

$119,900

Used
We will let you know when another 2002 Formula 37 PC is available in Freeport, NY
builtBuilt in 2002
Year the boat was built
model

37 PC

Boat model
engine

--

Engine type and count
length

37 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 37 PC 2002 - 02002 Formula 37 PC
Price$119,900$119,000$124,900$129,900$109,900$109,900
LocationFreeportRochesterSodus PointLindenhurstNorthportNorthport
Nominal Length37'40'35'40'34'30'
Draft2'-----
Engine Make---YanmarMercruiserCrusader
Total Engine Power---315 hp375 hp385 hp
Days on Market2695434641621628
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Other Formula 37 PC boats for sale in New York, United States

Nominal Length
37ft
Length Overall
37ft
Beam
12ft
Max Draft
2ft
Fresh Water Tanks
55gal
Fuel Tanks
236gal
Holding Tanks
57gal
Hull Material
fiberglass

2002 Formula 37PC

This 37 Formula PC is the cleanest one on the market, hands down. She is loaded with nearly every option and has received many recent upgrades. Twin FWC Mercruiser 496 MAGs have low hours, and are bundled with Bravo III X Drives which provide a comfortable yet efficient cruise. Recent upgrades include: Simrad electronics, underwater lights, LED Lights, Flexteak decking, davit system, new upholstery and much more. Call the listing broker today to schedule your showing of this exceptional Formula, you won�t find another in this condition.

Contact

Freeport, NY

Formula 37 PC: BoatTEST Review

Reviewed by Jeff Hammond

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.

Rating: 4.3 out of 5

Overview from around the web 2002 Formula 37 PC

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

Many highlight the boat’s excellent handling and smooth ride, making it ideal for both cruising and entertaining. Owners appreciate the quality craftsmanship and attention to detail throughout the vessel, noting comfortable seating and well-appointed amenities. Overall, the Formula 37 PC is celebrated for combining style, functionality, and reliability on the water.

The Biggest Pros and Cons

The 2002 Formula 37 PC is a standout cruiser known for its blend of performance, comfort, and style. Here are some pros and cons to consider:

Pros

Performance: Equipped with powerful engines, the 37 PC delivers impressive speed and smooth handling, making it enjoyable for both cruising and water sports.

Spacious Layout: The open cockpit design and well-thought-out interior provide ample space for entertaining guests and comfortable overnight stays.

Build Quality: Formula boats are known for their solid construction and attention to detail, and the 37 PC is no exception, offering durability and reliability.

Comfort Features: With amenities such as a fully equipped galley, comfortable sleeping quarters, and a functional head, it ensures a pleasant experience on the water.

Aesthetic Appeal: Sleek lines and a modern profile give the 37 PC a stylish and sporty look.

Cons

Fuel Consumption: Due to its powerful engines and size, fuel efficiency may be lower compared to smaller or less performance-focused boats.

Maintenance Costs: As with many performance cruisers, upkeep and maintenance can be more costly, especially as the boat ages.

Limited Storage: While the layout is spacious for passengers, storage compartments can be somewhat limited for extended cruising gear.

Cockpit Exposure: The open cockpit design offers great outdoor space but may provide less protection from the elements compared to enclosed models.

Made For

The 2002 Formula 37 PC is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and versatility. Ideal for those who enjoy entertaining guests on the water, this model offers spacious accommodations, powerful engines, and a sleek design that performs well both cruising and at higher speeds. Whether you're planning day trips, weekend getaways, or lively social gatherings, the 37 PC provides comfort and style for families, couples, and groups alike.

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$ 101,915
Total Payment$182,220.23
Monthly payment
$759.25/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$ 101,915
Total Payment$182,220.23
Monthly payment
$759.25/mo

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