2004 Formula 37 Performance Cruiser

$99,800

Used

Boat in Stillwater, MN 55082 US

builtBuilt in 2004
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (Mercuiser, 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
12ft
Max Bridge Clearance
11.58ft
Max Draft
2.5ft
Cabin Headroom
6.58ft
Deadrise At Transom
18deg
Dry Weight
16500lb
Heads
1
Fresh Water Tanks
55gal
Fuel Tanks
236gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercuiser
Engine Model
8.1 HO Horizon
Total Power
420hp
Engine Hours
1085
Engine Type
inboard
Fuel Type
gasoline
Engine Year
2004
Drive Type
v
Engine 2
Engine Make
Mercruiser
Engine Model
8.1 HO Horizon
Total Power
420hp
Engine Hours
1085
Engine Type
inboard
Fuel Type
gasoline
Engine Year
2004
Drive Type
v
Manufacturer Provided Description

The newly re-designed Formula 37 PC measuring in length at 38' 5" with the integrated bow platform stands out among the rest as a luxury icon in today?s boating market. This PC has an elegant cabin and a roomy cockpit, which creates a comfortable ride and boating experience for everyone aboard to enjoy.

Key Features

Fresh Water

Twin 8.1 Mercruiser HO 420 HP

Garmin Radar/Chart Plotter

Raymarine Auto Pilot

Sea Deck in Cockpit and Swim platform

Vinyl Plank Flooring in Salon

Large Flat Screen TV in Salon

Kohler Generator with 975 Hours

 

 

 

 

Engine Notes

Twin 8.1 Mercuiser 8.1 Horizon HO 420 HP 1085 hours

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
6/28/25Initial price$99,800

Contact Midwest Yacht Sales

6413 St. Croix Trail North, Stillwater, MN, 55082

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 2004 Formula 37 Performance Cruiser

Customers praise the 2004 Formula 37 Performance Cruiser for its impressive combination of speed, handling, and comfort

Many highlight its powerful twin engines that deliver exhilarating performance on the water, making it ideal for both cruising and watersports. The spacious and well-designed cockpit, along with a comfortable interior featuring quality materials, receives frequent compliments for enhancing onboard enjoyment. Owners also appreciate the boat’s sleek styling and solid build quality, noting that it holds up well over time. Overall, users find the Formula 37 Performance Cruiser to be a versatile and reliable vessel that offers a premium boating experience.

The Biggest Pros and Cons

The 2004 Formula 37 Performance Cruiser is a well-regarded sport cruiser known for its blend of performance, style, and comfort. Here are some of the key pros and cons to consider:

Pros

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

Sleek Design: The boat features a modern, sporty profile with clean lines and a stylish exterior that stands out on the water.

Comfortable Interior: The spacious cabin includes well-appointed accommodations such as a full galley, enclosed head, and comfortable sleeping quarters, providing a great environment for overnight trips.

Versatile Layout: The cockpit and deck areas are designed for both relaxation and entertaining, with ample seating and practical amenities.

Build Quality: Known for solid construction and attention to detail, offering durability and a premium feel.

Cons

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

Maintenance Costs: As a high-performance vessel with sophisticated systems, upkeep and maintenance can be more involved and costly.

Limited Storage: While comfortable, storage space can be somewhat limited for extended cruising or larger groups.

Size Considerations: At 37 feet, it may be less maneuverable in tight marina spaces compared to smaller boats, requiring some experience to handle confidently.

Made For

The 2004 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, performance, and comfort. Ideal for those who enjoy high-speed cruising without sacrificing spacious accommodations, this boat is well-suited for families, weekend adventurers, and entertainers looking to experience stylish design and powerful handling on the water. Whether you're planning day trips or extended outings, the Formula 37 Performance Cruiser offers the versatility and sophistication to meet a variety of recreational boating needs.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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
$631.97/mo
$
$
%
Principal Loan Amount$ 84,830
Total Payment$151,672.89

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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
$631.97/mo
$
$
%
Principal Loan Amount$ 84,830
Total Payment$151,672.89

Be the first to know when similar boats hit the market

Get notified when new boats become available

Boats For Sale in Minnesota, United States Similar to the 2004 Formula 37 Performance Cruiser

Compare with similar boats and find the perfect one for you.

The Image of 2004 Formula 37 Performance Cruiser docked under canopy. - 02004 Formula 37 Performance Cruiser
$99,800$89,990$79,800$49,900$44,900$44,900
StillwaterStillwaterBayportRochesterWayzataRochester
37'37'41'32'35'35'
3'-----
MercuiserMerCruiserMercuiser---
420 hp425 hp415 hp---
58030663522522
Price
Location
Nominal Length
Draft
Engine Make
Total Engine Power
Days on Market

Meet the Broker

Address

6413 St. Croix Trail North
Stillwater, MN 55082

Boat Location

Be the First to Know

Get notified when new boats become available.