2003 Formula 37 Performance Cruiser
$60,000
Boat in Long Beach, CA 90803 US
Built in 2003
37 Performance Cruiser
2 Engines (2x Mercruiser)
37 feet
Gas
Fiberglass/Reinforced
Introducing the stunning 2003 Formula 37 PC, a remarkable cruiser that embodies both elegance and performance. With an overall length of 37 feet, this vessel is crafted from durable fiberglass, featuring a modified vee hull shape that ensures a smooth ride on the water. Powered by twin Mercruiser 496 MAG engines, each delivering an impressive 375 horsepower, the boat is equipped for exhilarating cruising at a speed of 24 knots. The inboard/outboard configuration and stern drive enhance maneuverability, making it a joy to navigate. Inside, the Formula 37 PC offers two comfortable cabins and a well-appointed head, perfect for relaxing during extended voyages. The electric windlass adds convenience for anchoring, while the boat's sleek design and thoughtful features make it an ideal choice for both leisure and adventure. Experience the perfect blend of luxury and performance with the Panacea, your gateway to unforgettable moments on the water.
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.
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Price History
| Date | Event | Price |
|---|---|---|
| 4/13/26 | Price decreased | $60,000(-14.3%) |
| 3/31/26 | Initial price | $70,000 |
2003 Formula 37 Performance Cruiser Video Tours
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 consistently praise the 2003 Formula 37 Performance Cruiser for its impressive blend of speed, comfort, and style
Many highlight the boat's powerful twin engines that deliver exhilarating performance on the water, making it ideal for both cruising and watersports. The spacious and well-designed cockpit receives high marks for comfort and entertainment, featuring ample seating and thoughtful layout. Inside, owners appreciate the quality craftsmanship and luxurious accommodations, including a well-equipped galley and comfortable sleeping quarters. Overall, users commend the Formula 37 for its reliability, sleek design, and versatility, making it a favorite among boating enthusiasts seeking a high-performance cruiser.
The Biggest Pros and Cons
The 2003 Formula 37 Performance Cruiser is renowned for blending sporty performance with 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 a thrill for those who enjoy fast cruising.
Sleek Design: The stylish, aerodynamic profile not only looks great but also contributes to efficient performance on the water.
Spacious Interior: The cabin offers comfortable accommodations, including a well-appointed galley, sleeping quarters, and a spacious salon, ideal for overnight trips.
Quality Construction: Built with high-quality materials and attention to detail, ensuring durability and longevity.
Ample Cockpit Space: The cockpit is designed for socializing and relaxation, with comfortable seating and easy access to controls.
Good Storage: Thoughtful storage compartments throughout the boat help keep the space organized and clutter-free.
Cons
Fuel Consumption: Due to its performance-oriented engines, fuel efficiency may be lower compared to more economy-focused cruisers.
Limited Headroom: While the interior is spacious, taller individuals might find the cabin headroom somewhat restrictive.
Maintenance Costs: As with many high-performance boats, upkeep and maintenance can be more costly, especially if the boat is used frequently or in challenging conditions.
Limited Range: Depending on engine choice and fuel capacity, extended cruising range might be limited without refueling.
Price Point: The Formula 37, being a premium performance cruiser, can carry a higher initial purchase price and insurance cost compared to more basic models.
Made For
The 2003 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of high-performance speed and luxurious comfort. Ideal for those who enjoy cruising with family and friends, it caters to individuals who appreciate stylish design, spacious interiors, and advanced features for an exceptional on-water experience. Whether you're looking for thrilling day trips or relaxing weekend getaways, this boat suits those who want versatility and performance in one sleek package.
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 2003 Formula 37 Performance Cruiser | |||||
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| $60,000 | $64,500 | $68,500 | $50,000 | $49,000 | $49,000 |
| Long Beach | Ventura | Stockton | Long Beach | San Diego | Marina Del Rey |
| 37' | 31' | 33' | 31' | 34' | 33' |
| 3' | - | - | - | - | - |
| Mercruiser | Volvo Penta | MerCruiser | Volvo Penta | Mercruiser | Mercury |
| 375 hp | 300 hp | 375 hp | 375 hp | 383 hp | - |
| 118 | 43 | 91 | 1098 | 209 | 34 |
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Meet the Broker
Address
Boat Location
Contact Seacoast Yachts – Long Beach about 2003 Formula 37 Performance Cruiser
231 N. Marina Drive, Long Beach, CA, 90803
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