2002 Formula 37 Performance Cruiser

$95,000

Used

Boat in Lake Ozark, MO 65049 US

builtBuilt in 2002
Year the boat was built
model

37 Performance Cruiser

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
38.42ft
Beam
11.92ft
Dry Weight
16500lb
Fresh Water Tanks
57gal
Fuel Tanks
236gal
Holding Tanks
55gal
Hull Material
fiberglass
Engine 1
Engine Make
Mercruiser
Engine Model
496 MAG
Total Power
375hp
Engine Hours
833
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Engine 2
Engine Make
Mercruiser
Engine Model
496 MAG
Total Power
375hp
Engine Hours
833
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2002
Drive Type
stern
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
2/12/26Initial price$95,000

Contact Ozark Yachts & Motorsports

91 Grand Point Blvd, Sunrise Beach, MO, 65079

Boattest.com Review

Overview

The Formula 37 PC is a premium cruiser designed for both performance and comfort. Equipped with the advanced AXIOS joystick system, this vessel offers precise maneuverability, especially in tight marina environments. The boat features a thoughtfully designed helm and cockpit area, combining functionality with refined aesthetics.

Exterior Design and Cockpit

Significant enhancements were made to the stern platform and cockpit for the 2017 model year. The swim platform has nearly doubled in size, providing ample space for water sports, tender launching, and sunbathing. It features a synthetic teak-like surface that remains cool to the touch and a robust steel rail that serves as both a handhold and a fender. The platform is a separate structure seamlessly integrated into the hull. Along the transom, amenities include shore power connections, courtesy and LED stern lights, speakers, and concealed storage beneath a new sun pad for fenders and dock lines. Additional conveniences include a hot and cold shower and engine flushing hose connections. The cockpit seating is versatile, with lounge seat backs that swing fore and aft to create either chaise lounges or cozy seating around a pedestal table. A port-side wet bar is discreetly housed under a gray molding and includes a sink, refrigerator, battery switch, trash container, and hardware for mounting a flat-screen TV with power and cable connections, as well as USB ports. An optional air conditioning unit is installed beneath a port bench seat. The helm and cockpit dash continue the gray surface theme, reducing glare and enhancing the overall sophisticated appearance.

Helm Layout and Controls

The helm features a faux burl wood upper panel with a SmartKraft vessel view and fuel gauges. A centrally located 12-inch Raymarine E120 display provides navigation and system information, complemented by an optional autopilot, trim gauges, and a chain counter for the windlass. The starboard side houses the power quadrant with digital throttle and shift controls. Controls for trim tabs, the AXIOS joystick, remote spotlight, and the AXIOS control panel with skyhook functionality are conveniently positioned within fingertip reach. The steering wheel is a leather-wrapped, wood-trimmed, three-spoke design mounted on a tilt base, offering both comfort and precise handling.

Power and Performance

The Formula 37 PC measures 38 feet 5 inches overall, with a 12-foot beam and a draft of 34 inches. The test vessel weighed 18,340 pounds, including fuel and two passengers. Powered by twin 430 horsepower 8.2L Magnum HO engines, the boat achieved a top speed of 46.7 miles per hour at 4,800 RPM, consuming 67.5 gallons of fuel per hour and providing a range of 147 miles. The most efficient cruise speed was 32.2 miles per hour at 3,500 RPM, with a fuel burn of 33.25 gallons per hour, enabling a range of 206 miles over six hours and 24 minutes while maintaining a 10% fuel reserve. Acceleration was brisk, with a time to plane of 4.8 seconds, reaching 20 mph in 6.6 seconds, 30 mph in 11.6 seconds, and 40 mph in 18.8 seconds. The bow rises approximately 12 degrees during acceleration due to its forward position, temporarily obscuring the horizon until the boat planes. Once on plane, a slight trim adjustment reduces the bow angle to about 6 to 7 degrees for comfortable cruising. Steering is responsive with two and a half turns lock to lock, providing precise control without abrupt handling. At idle speeds, visibility through the windshield is somewhat limited unless seated, but the generous headroom makes standing at the helm ideal during cruising.

Conclusion

The Formula 37 PC combines advanced maneuvering technology, thoughtful design enhancements, and strong performance characteristics to deliver a capable and comfortable cruiser. Its expanded swim platform, versatile cockpit seating, and refined helm layout enhance usability and enjoyment on the water. Powered by robust engines, it offers both speed and efficiency, making it suitable for a variety of boating activities. Overall, the 37 PC represents a well-executed balance of luxury and functionality.

Overview from around the web 2002 Formula 37 Performance Cruiser

Customers praise the 2002 Formula 37 Performance Cruiser for its sleek design and powerful performance on the water

Many highlight the spacious and comfortable cockpit, making it ideal for entertaining and family outings. The boat’s handling is often described as smooth and responsive, providing an enjoyable and confident ride. Owners also appreciate the quality craftsmanship and attention to detail throughout the vessel, as well as the well-appointed interior that offers ample amenities for extended trips. Overall, the Formula 37 Performance Cruiser is valued for combining speed, style, and comfort in a reliable package.

The Biggest Pros and Cons

The 2002 Formula 37 Performance Cruiser is known for its blend of sporty performance and comfortable cruising accommodations. Here are some of the key pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the Formula 37 delivers impressive speed and handling, making it ideal for those who enjoy spirited boating.

Sleek Design: The sporty, aggressive styling sets it apart from typical cruisers, appealing to those who want a boat that looks as good as it performs.

Comfortable Interior: The cabin is thoughtfully designed with quality materials, offering comfortable sleeping arrangements and amenities for extended trips.

Spacious Cockpit: The open cockpit layout provides ample seating and social space, perfect for entertaining guests.

Good Build Quality: Formula is known for solid construction and attention to detail, which contributes to durability and resale value.

Cons

Fuel Consumption: Due to its performance-oriented engines, fuel efficiency can be on the lower side compared to more economy-focused cruisers.

Maintenance Costs: High-performance boats often require more maintenance and can have higher upkeep costs.

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

Less Storage Space: The sleek design and cockpit layout can limit available storage compared to more traditional cruiser designs.

Made For

The 2002 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of high performance and luxurious comfort. It is ideal for those who enjoy stylish cruising, entertaining guests, and spending extended time on the water without sacrificing speed or handling. Whether you're a weekend adventurer or someone who appreciates a sleek, well-appointed vessel for socializing and relaxation, this boat offers an exceptional experience for both spirited driving and comfortable living.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 37 Performance 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.
Monthly payment
$601.58/mo
$
$
%
Principal Loan Amount$ 80,750
Total Payment$144,378.00

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 37 Performance 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.
Monthly payment
$601.58/mo
$
$
%
Principal Loan Amount$ 80,750
Total Payment$144,378.00

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Meet the Broker

Address

91 Grand Point Blvd
Sunrise Beach, MO 65079

Boat Location

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