2002 Formula 37 Performance Cruiser Sold Boat in New Buffalo, MI 49117 US
Built in 2002
37 Performance Cruiser
2 Engines (2x Mercruiser)
37 feet
Gas
Fiberglass/Reinforced
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 2002 Formula 37 Performance Cruiser | ||||||
|---|---|---|---|---|---|---|
| Price | $69,900 | $69,900 | $69,900 | $69,900 | $70,000 | $69,000 |
| Location | New Buffalo | South Haven | Holland | Holland | Onekama | Cheboygan |
| Nominal Length | 37' | 34' | 40' | 29' | 36' | 46' |
| Engine Make | Mercruiser | Mercruiser | Mercruiser | MerCruiser | Crusader | Detroit Diesel |
| Total Engine Power | 420 hp | 310 hp | 340 hp | 380 hp | - | 550 hp |
| Days on Market | 375 | 0 | 0 | 0 | 263 | 135 |
| Get in touch |
Other Formula 37 Performance Cruiser boats for sale in Michigan, United States
Other Formula boats for sale in Michigan, United States
100% freshwater, 740 original hours on 8.1 Mercruisers, Kohler generator, beautiful canvas package, upgraded electronics with autopilot, underwater lights, the list goes on. Priced for a quick sale!
The previous owner of this boat had an incident in the galley where there was a small fire originating from the stovetop. The headliner has a small amount of discoloration still present, however all of the galley cabinetry was replaced and updated to a newer design. The owner is fully transparent about the incident as are we. This is a great opportunity to obtain a wonderful boat at a very attractive price. All photos are current.
Notable features and options:
- Twin Mercruiser 8.1S 420 HP showing 740 hours at the time of listing
- Kohler generator
- Newer Garmin touch screen electronics
- Garmin radar
- Garmin autopilot
- Fusion stereo system
- Custom canvas package in beautiful condition
- Seadeck cockpit flooring
- Optional refrigerator in cockpit wetbar
- Windlass with remote
- Freshwater vessel since new
Price History
| Date | Event | Price |
|---|---|---|
| 9/1/25 | Initial price | $69,900 |
2002 Formula 37 Performance Cruiser Video Tours
Formula 37 Performance Cruiser: BoatTEST Review
Overview
The Formula 37 PC is an upscale weekender designed with a high level of build quality and fit and finish. This model offers a blend of comfort, performance, and thoughtful features, making it well suited for weekend cruising. With a length overall of 38 feet 5 inches, a beam of 12 feet, and a draft of 34 inches, the 37 PC balances spacious accommodations with manageable handling.
Exterior Design and Cockpit Features
The stern boarding area features both a 36-inch fixed platform and a 34-inch extended platform, both surfaced with Plazdeck Teak Finish synthetic material. The extended platform is equipped with a stainless steel grab rail for safety and convenience during swimming or docking. Beverage holders flank each side, and a retractable swim step is centered below. A side-mounted pedestal base for an optional grill is located on the starboard transom, adjacent to an aft-facing seat with a sun pad base, which includes beverage holders and a stereo remote with USB connectivity. Storage is available beneath this seating. Access to the cockpit is through a 16-inch wide walkthrough with a stainless steel framed acrylic gate. A shower is mounted on the port bulkhead. The sun pad area incorporates dual flip seat backs, allowing conversion between aft-facing and forward-facing seating within the U-shaped cockpit lounge, which surrounds two removable pedestal tables. The cockpit seating demonstrates Formula’s attention to detail, featuring weather-resistant materials with a prefixed stain inhibitor, carbon fiber trim, contrast bead welding, double stitching with Tenera element-resistant thread, and custom embroidery. To port, a refreshment center with a Corian countertop includes a recessed sink, a pedestal base for a TV, a dual-voltage refrigerator below the grab rail, a trash receptacle, and the battery switch. Forward of the cockpit, a double-wide lounge with a wraparound seat back offers versatile seating options under a hardtop that stands 6 feet 11 inches above the deck. The hardtop is equipped with speakers, two opening hatches, and LED lighting. Access to the cabin is via a center-mounted sliding door.
Interior Living Spaces
Inside the cabin, the Formula 37 PC provides comfortable accommodations with a gray wash woodgrain finish and 6 feet 8 inches of headroom, creating an open and inviting atmosphere. To starboard, a relaxing sofa can be complemented with a pedestal table for dining or socializing. The galley is efficiently designed with a glass-top cabinet for stemware, a coffee garage below, ample storage, a microwave, and a concealed two-burner stove. The Corian countertop includes a recessed stainless steel sink and a trash receptacle, with a refrigerator and additional storage located beneath. Forward lies the master stateroom, accessed through twin privacy doors, featuring an island berth with storage drawers underneath. A full-length mirror on the port closet door conceals an owner's safe, and a 24-inch TV is mounted on the aft bulkhead. A mid-cabin aft of the master offers flexible use as either a sitting room or a separate cabin with a privacy curtain. The head, located at the companionway to port, includes a separate shower enclosure, a toilet, and a stainless steel sink recessed into a Corian countertop.
Power and Performance
The Formula 37 PC is powered by twin 430 horsepower Mercruiser 8.2 Mag HO ECT engines paired with Bravo 3 outdrives, though the model offers a range of ten engine options from 330 to 430 horsepower. Engine access is facilitated by an electrically actuated hatch controlled from the helm, revealing well-organized engine compartments with all checkpoints located at the front for ease of servicing. A step is provided to aid maintenance, and the center platform conceals the engine start batteries. Additional mechanical features include a 7.5 kW generator with raw water pickup, a hot water heater on the starboard side, house batteries on port, a day hatch in the deck, and two engine flush quick connects on the port bulwarks. Dockside connections include shore power, TV, phone, and city water inlets. The helm is equipped with a recessed compass to reduce glare, dual fuel gauges, a 7-inch SmartCraft display with full functionality, a Lumar chain counter, outdrive trim gauges, and a tri-data display. Controls include rocker switches, VHF horn, stereo controls, a tilt steering wheel, joystick controls for the remote spotlight and Mercury joystick piloting system, trim tab rockers with LED indicators, and Mercury digital throttle and shift controls featuring single-lever operation and engine synchronization. The wraparound windshield is supported by a stainless steel frame with a walkthrough to the bow.
Performance Metrics
During testing with twin 430 horsepower engines, the Formula 37 PC achieved a top speed of 46.5 miles per hour at 4850 RPM. The best economic cruise was recorded at 3500 RPM, corresponding to 30 miles per hour, where the boat consumed 39 gallons of fuel per hour, yielding 0.8 miles per gallon and a range of 147 statute miles while retaining a 10% fuel reserve from the total 212-gallon capacity. The boat reached planing speed in an average of 5.4 seconds with minimal bow rise, accelerated to 20 miles per hour in 10 seconds, and to 30 miles per hour in 19 seconds. Handling characteristics include a 19-degree roll into turns with a subtle slide that mitigates the sensation of being pushed outward, contributing to a balanced and confident ride. The Mercury joystick system greatly enhances low-speed maneuverability, allowing precise docking even in challenging conditions such as wind or current, making the boat accessible for operators upgrading from smaller vessels.
Conclusion
The Formula 37 PC exemplifies what a weekend cruiser should offer, combining a high level of comfort, thoughtful design, and refined fit and finish. Its versatile interior, well-appointed exterior features, and strong performance capabilities make it a compelling choice for those seeking a quality boat for leisure cruising. The advanced joystick piloting system further enhances ease of handling, particularly in docking scenarios, providing confidence for operators of varying experience levels. Overall, the 37 PC reflects Formula’s commitment to craftsmanship and functionality.
Overview from around the web 2002 Formula 37 Performance Cruiser
The 2002 Formula 37 Performance Cruiser has garnered favorable reviews from customers who appreciate its blend of style, performance, and comfort
Owners often highlight the boat's sleek design and high-quality construction, noting that it stands out both in terms of aesthetics and durability. Many praise the powerful engine options, which provide impressive speed and agility on the water, making it a thrilling choice for those who enjoy performance cruising. Inside, the spacious cabin is frequently described as well-designed and luxurious, with ample seating, a fully equipped galley, and comfortable sleeping arrangements. Customers often mention that the layout is ideal for entertaining guests or spending quality time with family, with attention to detail evident in the high-end finishes and fixtures. Additionally, boaters appreciate the smooth handling and stability of the Formula 37, which contributes to a confidence-inspiring experience whether cruising at high speeds or relaxing in calmer waters. Overall, the 2002 Formula 37 Performance Cruiser receives high marks from its owners for its combination of performance, comfort, and style, making it a popular choice in the performance cruiser category.
The Biggest Pros and Cons
2002 Formula 37 Performance Cruiser: Pros and Cons
Pros
Performance-Oriented Design: The Formula 37 is known for its sporty performance capabilities, offering a thrilling ride with a powerful engine lineup that ensures excellent acceleration and handling.
Luxurious Interior: The cabin features high-quality materials and finishes, providing a comfortable space for relaxing. With sleeping accommodations for multiple guests, it's perfect for weekend getaways.
Spacious Cockpit: The open cockpit design allows for ample seating and entertaining space, making it an ideal choice for social gatherings on the water.
Customizable Options: The 2002 model allows for a variety of customization options, enabling buyers to tailor the boat to their specific preferences in terms of colors, finishes, and features.
Well-Equipped Galley: The galley is thoughtfully designed, featuring modern appliances and ample storage, making onboard cooking convenient for extended trips.
Solid Build Quality: Known for its durability, the Formula 37 is built with quality materials and craftsmanship, resulting in a reliable vessel that stands up well to the rigors of marine life.
Cons
Fuel Consumption: Given its performance capabilities, the Formula 37 can be relatively fuel-hungry compared to other cruisers, which might deter some buyers focused on efficiency.
Maintenance Requirements: The powerful motors and higher-performance design may require more frequent maintenance, which can incur additional costs for owners.
Storage Limitations: While it has a spacious interior, some users might find storage options limited for extended trips, especially if accommodating multiple passengers.
Initial Cost: The price tag for a used Formula 37 can be higher than some other alternatives in the same category, which may be a consideration for budget-conscious buyers.
Steep Learning Curve: For first-time boaters, the performance-oriented characteristics may require some acclimation, leading to a steeper learning curve compared to more forgiving cruisers.
Made For
The 2002 Formula 37 Performance Cruiser is ideal for boating enthusiasts who seek a perfect blend of luxury and performance on the water. This versatile cruiser caters to those who appreciate power and elegance, making it suitable for both casual day outings and extended overnight trips. Whether you’re an avid water sports lover, a couple seeking romantic getaways, or a family eager for adventure, the Formula 37 Performance Cruiser delivers an exceptional experience. With its sleek design, robust performance, and comfortable accommodations, this vessel appeals to individuals and families looking for reliability and style during their nautical journeys. Moreover, the cruiser’s spacious cockpit and well-appointed cabin make it perfect for entertaining friends or enjoying quality time with loved ones. It is a fantastic choice for seasoned boaters who want a high-performance vessel without compromising on comfort or luxury.
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Boat Location
Contact Weber Yachts about 2002 Formula 37 Performance Cruiser
1930 Innovation Way, Suite 217, Libertyville, IL, 60048
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