2003 Formula 37 Performance Cruiser

$85,999

Used

Boat in Cape Coral, FL 33990 US

builtBuilt in 2003
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

1 Engine (--)

Engine type and count
length

37 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
37ft
Length Overall
37ft
Beam
11.75ft
Hull Material
fiberglass
Engine 1
Engine Hours
990
Gps
Cockpit Cover
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
4/6/26Price decreased$85,999(-1.1%)
3/12/26Price decreased$86,999(-1.1%)
3/5/26Price decreased$87,999(-1.1%)
11/27/25Initial price$88,999

Contact Adonai Yachts International

19701 SW 197th Ave, Miami, FL, 33187

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 2003 Formula 37 Performance Cruiser

Customers praise the 2003 Formula 37 Performance Cruiser for its powerful performance and sleek design

Many highlight its spacious and comfortable interior, making it ideal for both day cruising and overnight trips. The boat’s handling is often described as smooth and responsive, providing a confident ride even in choppier waters. Owners appreciate the quality craftsmanship and attention to detail throughout the vessel, including high-end finishes and practical layout. Overall, the Formula 37 is celebrated for blending luxury with performance, appealing to those who want a stylish and capable cruiser.

The Biggest Pros and Cons

The 2003 Formula 37 Performance Cruiser is celebrated for its blend of speed, style, and comfort, making it a popular choice among boating enthusiasts. 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 smooth handling, ideal for both cruising and watersports.

Sleek Design: The boat features a sporty and aerodynamic profile that not only looks great but also enhances fuel efficiency and performance.

Spacious Interior: The cabin offers comfortable accommodations with quality finishes, including a well-appointed galley, sleeping quarters, and a head, making it suitable for extended trips.

Well-Equipped Helm: The cockpit is designed with ergonomics in mind, providing easy access to controls and excellent visibility for the captain.

Ample Deck Space: The layout includes generous seating and lounging areas, perfect for entertaining guests or relaxing on the water.

Cons

Fuel Consumption: Due to its powerful engines and performance-oriented design, the 2003 Formula 37 can be less fuel-efficient compared to smaller or less performance-focused cruisers.

Maintenance Costs: High-performance components and luxury finishes may require more frequent upkeep and can lead to higher maintenance expenses.

Limited Storage: While the interior is spacious, storage compartments can be somewhat limited, which may require careful organization for longer voyages.

Draft Depth: The deeper draft may restrict access to shallow waters or certain marinas, limiting some cruising areas.

Made For

The 2003 Formula 37 Performance Cruiser is perfect for boating enthusiasts who seek a seamless blend of high-performance speed and luxurious comfort. Ideal for those who enjoy spirited cruising, entertaining guests, and extended weekend getaways, this boat caters to individuals and families looking for a stylish, well-appointed vessel that delivers both excitement on the water and spacious, comfortable accommodations. Whether you're a seasoned boater or someone new to performance cruisers, the Formula 37 offers an exceptional boating experience with its sleek design, powerful engines, and thoughtful amenities.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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
$544.58/mo
$
$
%
Principal Loan Amount$ 73,099
Total Payment$130,698.30

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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
$544.58/mo
$
$
%
Principal Loan Amount$ 73,099
Total Payment$130,698.30

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Address

19701 SW 197th Ave
Miami, FL 33187

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