2004 Formula 37 PC

$89,995

Used

Boat in Warwick, RI 02886 US

builtBuilt in 2004
Year the boat was built
model

37 PC

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
Length Overall
38.42ft
Beam
12ft
Max Bridge Clearance
11.58ft
Max Draft
2.5ft
Deadrise At Transom
18deg
Dry Weight
16500lb
Fresh Water Tanks
55gal
Fuel Tanks
236gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
MerCruiser
Engine Model
8.1
Total Power
370hp
Engine Hours
520
Engine Type
inboard/outboard
Fuel Type
gasoline
Drive Type
stern
Engine 2
Engine Make
MerCruiser
Engine Model
8.1
Total Power
370hp
Engine Hours
520
Engine Type
inboard/outboard
Fuel Type
gasoline
Drive Type
stern
Summary
2004 Formula 37 PC

Price History

DateEventPrice
3/5/26Initial price$89,995

Contact Southpaw Yacht Sales

1 Masthead Drive, Warwick, RI, 02886

Boattest.com Review

Overview

The Formula 37 PC is a versatile cruising boat measuring 38 feet 5 inches in length overall with a beam of 12 feet. Its dry weight varies around 17,500 pounds depending on engine configuration, and it draws 34 inches of water. Designed to serve as a functional weekender, the Formula 37 PC balances spaciousness, ease of handling, and solid performance.

Power and Performance

During testing, the Formula 37 PC was equipped with twin 425 horsepower 8.1-liter Mercury gasoline engines paired with Bravo 3 stern drives. The vessel featured the Axius joystick control system, which greatly enhanced close-quarters maneuvering. With three people aboard and less than half a tank of fuel, the boat achieved a top speed of 46.9 miles per hour at 4950 RPM. Its most efficient cruising speed was found at 3500 RPM, where it maintained 30.7 miles per hour while consuming 34.4 gallons per hour, resulting in a cruising range of approximately 190 miles with a 10% fuel reserve.

Exterior Design and Deck Layout

Accessing the boat from the transom walkthrough leads into a practical cockpit area featuring a U-shaped settee to starboard and a wet bar to port. The cockpit table is designed in two parts with separate pedestals, allowing for multiple configurations including dual tables for dining or cocktails, a single table with ample passage space, or removal of tables to create a lounging area with filler cushions. An optional LCD TV can be mounted on a pedestal above the wet bar, though its necessity in an outdoor setting is debatable. Forward of the helm, molded steps on the port side provide access to the bow, which is outfitted with two sun pads that convert easily into chaise lounges. The boat also offers optional remote keychain controls for underwater and cockpit courtesy lighting, enhancing convenience and safety when boarding in low light.

Helm and Controls

The helm station is thoughtfully arranged with engine displays positioned to the port side and a central E120 display. The steering wheel combines wood and stainless steel elements, complemented by well-grouped, lighted rocker switches. A stainless steel grab rail to port facilitates safe movement to the bow. Below the helm panel, the stereo system is installed alongside the VHF radio, providing comprehensive audio and communication controls. However, the helm design has minor drawbacks: there is no dedicated flat surface for placing personal items due to a steering system hump, and the drink holders occupy a prime spot on the dash. Additionally, the throttle controls are mounted vertically rather than horizontally, which may reduce ease and precision of operation, as horizontal placement is generally preferred for ergonomic handling.

Conclusion

Overall, the Formula 37 PC is a well-crafted cruiser that offers a blend of performance, functionality, and quality. Its manageable size, joystick-assisted maneuverability, and flexible cockpit layout make it an excellent choice for weekenders seeking both comfort and ease of operation. With the hallmark build quality expected from Formula, this model stands out as a refined and enjoyable boat that owners will be proud to operate and display.

Overview from around the web 2004 Formula 37 PC

Customers praise the 2004 Formula 37 PC for its sleek design and powerful performance

Many highlight its spacious cockpit and comfortable seating, making it ideal for both day cruising and entertaining guests. The boat's handling is often described as smooth and responsive, providing confidence on various water conditions. Owners also appreciate the quality craftsmanship and durable materials used throughout, which contribute to its lasting appeal. Overall, the 2004 Formula 37 PC is regarded as a well-balanced cruiser that combines style, comfort, and performance.

The Biggest Pros and Cons

The 2004 Formula 37 PC offers a blend of performance, luxury, and style that appeals to boating enthusiasts. Here are some key pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the Formula 37 PC delivers strong acceleration and smooth handling, making it ideal for both cruising and watersports.

Spacious Layout: The cockpit and cabin areas are thoughtfully designed to maximize space, providing comfort for extended trips and entertaining guests.

Quality Construction: Known for its solid build and attention to detail, the 37 PC features high-quality materials and craftsmanship that enhance durability and aesthetics.

Modern Amenities: The boat includes well-appointed features such as a fully equipped galley, comfortable sleeping quarters, and advanced navigation systems.

Sleek Design: Its stylish exterior lines and contemporary interior design make it stand out on the water.

Cons

Fuel Consumption: Due to its powerful engines, the 2004 Formula 37 PC can have relatively high fuel consumption compared to smaller or less performance-focused boats.

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

Limited Storage: While the layout is spacious, storage compartments may be somewhat limited for long-term cruising needs.

Draft Considerations: The boat's draft may restrict access to shallower waters, limiting some cruising areas.

Weight: The solid construction adds weight, which may affect trailering options and require a suitable tow vehicle.

Made For

The 2004 Formula 37 PC is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and comfort. Ideal for those who enjoy high-speed cruising combined with stylish design and spacious accommodations, this model caters to families, couples, or groups looking for a versatile sport cruiser. Whether you're planning day trips on the water or weekend getaways, the Formula 37 PC offers ample space, powerful engines, and upscale amenities to ensure an exceptional boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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.
Monthly payment
$569.88/mo
$
$
%
Principal Loan Amount$ 76,496
Total Payment$136,772.01

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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.
Monthly payment
$569.88/mo
$
$
%
Principal Loan Amount$ 76,496
Total Payment$136,772.01

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Meet the Broker

Address

1 Masthead Drive
Warwick, RI 02886
Other Information about Southpaw Yacht Sales

Southpaw Yacht Sales is a full service yacht broker with an unwavering focus on our customers' best interests. Purchasing a yacht or boat entails several intricate and sometimes complex steps, but we have the vast experience and connections needed to make the process easy and fun. We provide assistance with every step of the transaction from documentation to cleaning and delivery. There is a difference between simply buying a yacht and receiving unparalleled assistance throughout the whole process - that difference is Southpaw Yacht Sales.

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