2004 Formula 37 Performance Cruiser

$89,900

Used

Boat in Woodbridge, VA 22191 US

builtBuilt in 2004
Year the boat was built
model

37 Performance Cruiser

Boat model
engine

2 Engines (2x Mercury)

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
Mercury
Engine Model
8.1 Bravo III Drives
Engine Hours
500
Engine Type
inboard
Fuel Type
gasoline
Engine 2
Engine Make
Mercury
Engine Model
8.1 Bravo III Drives
Engine Hours
500
Engine Type
inboard
Fuel Type
gasoline
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
2/28/26Initial price$89,900

Videos from Knot 10 Yacht Sales on this 2004 Formula 37 Performance Cruiser

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Boat Location Appears Under Price In Listing

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 powerful performance and sleek design

Many highlight its smooth handling and strong engine, making it ideal for both cruising and watersports. The spacious and well-appointed interior receives positive remarks for comfort and luxury, with ample seating and quality finishes. Owners also appreciate the boat's reliability and solid construction, noting that it holds up well over time. Overall, users find the Formula 37 Performance Cruiser to be a versatile and enjoyable vessel that combines performance with style.

The Biggest Pros and Cons

The 2004 Formula 37 Performance Cruiser offers a blend of speed, style, and comfort, making it a popular choice among boating enthusiasts. Here are some of the pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the Formula 37 delivers impressive speed and handling, ideal for both cruising and watersports.

Sleek Design: Its sporty and aerodynamic design not only looks great but also enhances on-water performance.

Spacious Interior: The cabin is well-appointed with comfortable seating, a full galley, and sleeping accommodations, making it suitable for weekend getaways.

Quality Construction: Known for solid build quality and attention to detail, providing durability and reliability.

Advanced Features: Includes modern electronics and amenities for convenience and safety.

Cons

Fuel Consumption: The powerful engines can lead to higher fuel usage, which may be a consideration for longer trips or frequent use.

Maintenance Costs: As a performance cruiser with sophisticated systems, maintenance and repairs can be more expensive compared to simpler boats.

Limited Storage: While comfortable inside, storage space may be somewhat limited for extended cruising or carrying large amounts of gear.

Learning Curve: Handling the boat at high speeds might require some experience, making it less ideal for novice boaters.

Made For

The 2004 Formula 37 Performance Cruiser is designed for boating enthusiasts who seek a perfect balance of speed, luxury, and comfort. It's ideal for individuals or families who enjoy day cruising, entertaining guests, and exploring coastal waters with style and performance. Whether you're looking for a sleek vessel to enjoy weekend getaways or a reliable boat for spirited runs on the water, this model caters to those who appreciate both high-performance engineering and upscale amenities.

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
$569.28/mo
$
$
%
Principal Loan Amount$ 76,415
Total Payment$136,627.18

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
$569.28/mo
$
$
%
Principal Loan Amount$ 76,415
Total Payment$136,627.18

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