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2002 Formula 37 PC Sold Boat in Solomons, MD US

$89,900

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

37 PC

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

37 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
11.58ft
Max Draft
2.5ft
Dry Weight
16500lb
Fresh Water Tanks
55gal
Fuel Tanks
236gal
Holding Tanks
57gal
Hull Material
fiberglass
Engine 1
Engine Make
Mercruiser
Engine Model
496 Mag
Total Power
375hp
Engine Hours
250
Fuel Type
gasoline
Engine 2
Engine Make
Mercruiser
Engine Model
496 Mag
Total Power
375hp
Engine Hours
250
Fuel Type
gasoline

JUST REDUCED BY $ 10,000

A 2002 with 2005 engines and outdrives.

This is a fabulous 37 Formula that has been kept like new. The 496 Mag Mercruisers have only 250 hours and the Kohler Genset has only 455. She is a single owner boat that is as good as new. Her extensive features include...

Full Furuno electronics package with GPS, Radar Chartplotter and more.

Risers and manifolds replaced less than 2 years ago.

Full canvas enclosure

Mooring canvas

Custom sheets and towels

Full galley with coffee maker, toaster oven sink, refrigerator

Transom shower H/C

Walkthrough windshield

Gas grille

Bow sunpads

200 ft of chain with windlass

This cruiser will run along at 30 knots or crank it up to 40+ 

Contact Dave Wilder

Solomons, MD

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 and spacious layout, making it ideal for both day cruising and extended trips

Many highlight its powerful performance and smooth handling, noting the responsive engines and excellent stability on the water. The interior is frequently described as comfortable and well-appointed, with quality materials and thoughtful amenities that enhance onboard living. Overall, owners appreciate the blend of luxury, functionality, and performance that the Formula 37 PC delivers.

The Biggest Pros and Cons

The 2002 Formula 37 PC offers a blend of performance, comfort, and style, making it a popular choice among cruisers. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with robust engines, the 37 PC delivers impressive speed and handling, ideal for both cruising and entertaining.

Spacious Layout: The roomy cockpit and well-designed interior provide ample space for relaxation and socializing, including comfortable seating and a functional galley.

Quality Construction: Known for solid build quality and attention to detail, ensuring durability and reliability on the water.

Versatile Design: Suitable for day trips or overnight stays with features like a full head, sleeping accommodations, and good storage options.

Good Visibility: The panoramic windshield and helm layout offer excellent visibility for safe and enjoyable navigation.

Cons

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

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

Limited Headroom: While comfortable, the cabin headroom may feel restricted for taller individuals.

Aging Electronics: Depending on previous updates, onboard electronics and navigation systems might require modernization.

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 cruising with family and friends, this model offers spacious accommodations, a sleek design, and powerful engines, making it suitable for day trips, weekend getaways, and entertaining on the water. It's perfect for individuals looking for a stylish and reliable express cruiser that delivers both comfort and speed.

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 Other 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 Other 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

Dave Wilder

Address

Solomons, MD

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