2002 Formula 40 PC Sold Boat in Madsionville, LA 70447 US

$140,000

Used
We will let you know when another 2002 Formula 40 PC is available in Madsionville, LA
builtBuilt in 2002
Year the boat was built
model

40 PC

Boat model
engine

1 Engine (Yanmar)

Engine type and count
length

40 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 40 PC 2002 - 02002 Formula 40 PC
Price$140,000$135,000
LocationMadsionvilleSpringfield
Nominal Length40'50'
Draft3'-
Engine MakeYanmarDetroit Diesel
Total Engine Power-535 hp
Days on Market549834
Get in touch
Nominal Length
40ft
Length Overall
42.58ft
Length at Waterline
40ft
Beam
12.67ft
Max Bridge Clearance
11.83ft
Max Draft
2.92ft
Dry Weight
18510lb
Heads
1
Fresh Water Tanks
55gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Yanmar
Engine Model
440
Engine Type
inboard
Fuel Type
diesel
Drive Type
v
Standard Equipment
  • Imron Standard graphic & cockpit accent striping
  • Pressure-treated Perma Panel structural hull matrix w/fiberglass-lined storage
  • U-shaped lounge seating w/fold-away aft lounge & fiberglass-lined storage
  • Molded fiberglass wetbar w/Corian® counter top, trash receptacle & 120V GFCI outlet
  • Fire extinguisher
  • Foam-filled hull cavities
  • Chemically bonded & thru-bolted deck-to-hull joint
  • Heavy-duty PVC gunwale w/stainless steel insert Integrated bow platform
  • Concealed anchor davit w/fiberglass anchor locker
  • Electric windlass Bruce® anchor
  • Remote control halogen search- light
  • Stainless steel hardware & 316L stainless welded rails
  • Three Bomar® cabin venting hatches w/screens
  • Six port lights w/screens
  • Nonskid deck center walkway & walk-around
  • Two Dri-Fast® foam deck sun pads w/316L stainless rails 
  • Tempered curved-glass windshield w/center walk-thru
  • Windshield wipers
  • Radar arch w/mast light
  • Air horn
  • Fiberglass swim platform w/ concealed 316L stainless steel swim ladder
  • Transom shower w/hot & cold controls
  • Molded fiber- glass transom trunkw/pneumatic lifts, fender rack & four fenders
  • line storage & storage for cocktail tables & cushions
  • 120V shorepower w/galvanic isolator & 30-amp cords
  • Transom hookups for city water, shorepower, cable TV & telephone
  • Disconnect switch for auxiliary 12V power
  • Berber cockpit carpet
  • Pneumatic-assist transom door
  • Bimini top & front, side & extended aft cockpit enclosure
  • Cockpit cover in color- matched non-fading Sunbrella solution-dyed acrylic fabric with water-repellent SeaMark vinyl under- coating
Engine
  • Twin engine installation
  • Motorized hatch lift
  • Integrated quick-access engine hatch
  • Courtesy lighting
  • Fume detector
  • Automatic fire extinguisher
  • Thru-bolted engine mounts
  • Remote oil filters
  • Engine raw water strainers/seacocks
  • Eco Sound EPS 1000TM exhaust system
  • Three deep-cycle batteries w/battery retainers
  • Disconnect switches for starting batter- ies
  • Battery parallel emergency switch
  • 60-amp battery charger
  • Active & passive galvanic corrosion protection systems
  • Low-noise rotary bilge blowers
  • Automatic bilge pump
  • Bilge high water alarm
  • Bennett® hydraulic trim tabs
  • Bronze rudders & struts
  • 5 KW Westerbeke diesel generator w/sound shield & battery
  • 13/4 ? stainless steel Aquamet® 19 propeller shafts
  • 4-blade nibral props
  • Auxiliary 12V outlet
Cockpit
  • Continuous molded fiberglass deck & cockpit liner
  • Molded fiberglass in-dash deck access steps w/316L stainless handrail
  • Burl wood-finish dash panels
  • Complete VDO® OceanTM backlit instrumentation, domed w/chrome bezels
  • Rudder indicator
  • Trim tab indicators
  • Ritchie® compass
  • RaymarineTM Tridata depth/speed/water temperature display
  • Teleflex® shift & throttle controls
  • Power hydraulic steering w/DinoTM
  • Tilt genuine mahogany steering wheel
  • Fingertip boat leveler switches
  • Illuminated waterproof accessory rocker switches w/E-T-A® circuit breakers
  • Dash-mounted full-feature stereo remote control
  • New 300W 3-way marine-grade speakers
  • Four arch-mounted 100W 61/2 ? 2-way marine-grade speakers
  • Fourteen drink holders
  • Courtesy lighting
  • Integral 316L stainless safety rails
  • Weather-resistant cockpit seating featuring Dri-Fast® foam
  • StarLite® XL synthetic marine panel construction
  • Twin com-mand seating w/dual-position helm & passenger seats & center storage 
Cabin Standard Equipment
  • Sliding/locking cabin door
  • Whisper Walls® headliner/wall system
  • Forward stateroom w/centerline bed/double berth and privacy curtain
  • Bed linens & towels
  • Individual reading lights
  • Two forward stateroom hang- ing lockers w/automatic lights
  • Curved Ultraleather sofa seating w/dual-height, solid wood dining table & filler cushion
  • Carbon monoxide fume detector
  • Cabin bilge pump
  • Custom décor pillows & draperies
  • Cabinetry in dark cherry or natural cherry finish
  • Two Ultraleather pedestal dining stools
  • 16,000 BTU reverse cycle air conditioner w/digital climate control
  • Phone w/cord
  • 120V & 12V electrical panels
  • 20 inch stereo TV/DVD in main salon w/dockside access cord
  • Kenwood® remote control AM/FM/CD stereo w/changer control
  • 450W amplification?Sirius satellite compatible
  • Stereo volume control
  • Ultraleather aft cabin lounge/double berth w/filler cushions & privacy enclosure
  • Removable cocktail table
  • Cedar lined aft cabin hanging locker w/automatic light
  • Built-in WalVac® sweeper system w/easy-access wall plate
  • In-floor storage compart- ments
  • Complete galley w/storage
  • dovetailed maple drawers
  • 120V/12V refrigerator/freezer w/panels
  • cabinet doors in dark cherry or natural cherry finish
  • full Corian counter top
  • polished stainless sink
  • Moen® OneTouch® pullout spray faucet
  • 2-burner electric stove
  • microwave oven
  • coffee maker & concealed in-counter trash receptacle
  • Fire extinguisher
  • Demand water system w/one-point water fill for freshwater tank and/or city water
  • Water level gauge
  • 120V water heater w/heat exchanger
  • Molded fiberglass private head compartment w/molded fiberglass vanity
  • Corian counter
  • polished stainless sink
  • VacuFlush® unit w/holding tank & pumpout
  • separate stall shower w/hinged curved acrylic door
  • Corian seat
  • exhaust fan
  • Carbon monoxide fume detector
  • Cabin bilge pump
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$140,000

Contact Whelton Marine

700 Mariner's Plaza Drive, Ste 707, Mandeville, LA, 70448

Formula 40 PC: BoatTEST Review

Reviewed by Jeff Hammond

Boat Test Review on BoatTest.com

Overview

The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from a typical vessel. Designed with attention to detail and premium craftsmanship, this model offers a blend of comfort, functionality, and refined aesthetics. The yacht features thoughtful design elements both below and above deck, catering to the needs of discerning boaters.

Interior Living Spaces

The galley on the port side is well-appointed with a coffee docking station and ample counter space measuring approximately 29.5 by 30 inches leading up to the sink. It includes a two-burner electric stove equipped with a micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. A notable feature is the use of dovetail joinery on all drawers, a hallmark of Formula's craftsmanship. The main cabin benefits from three port lights and innovative privacy solutions, including up lights on dimmers that provide adjustable mood lighting and rotating covers for directional illumination. Privacy is enhanced beyond typical sliding curtains through magnetic catches securing the covers on both sides. Additional storage is abundant, with cedar-lined lockers behind mirrored hatches and a port-side cabinet housing a privacy safe and dovetailed drawers that retract smoothly when closed. Under the forward berth, two pull-out drawers offer storage within storage, also featuring the automatic retraction mechanism. Overhead, a hatch provides natural light and serves as an emergency escape, complete with a sliding screen for ventilation and a blackout shade for sleeping comfort.

Private Accommodations

The aft cabins stand out as particularly comfortable spaces within the yacht. Furnished with ultra-leather seating, the port side cabin includes a 19-inch LCD television and generous storage compartments, including dedicated spaces for pedestals that convert the area into a berth. The cabin offers approximately five feet of overhead clearance, allowing for comfortable standing without risk of head contact. The sole extends sufficiently to facilitate natural movement within the berth. However, some minor drawbacks include a Lucite shower door that tends to scrape along the deck during deployment and a port light that requires significant pressure to close securely.

Exterior Design and Deck Features

The Formula 40 PC's exterior showcases practical and premium design elements. The extended swim platform measures 11 feet by three and a half feet and is hydraulically actuated, doubling as a personal watercraft lift. A three-step boarding ladder is conveniently stored inside a deck hatch. The aft cockpit provides ample seating designed to keep all passengers engaged, featuring two pedestal stations that can support a table or be lowered to create a sun pad. A centrally located hatch offers direct access to the twin IPS 500 engines. Seating arrangements allow passengers to face the captain or recline comfortably while enjoying the view. The yacht features a walk-through windshield with handholds strategically placed for safety and ease of movement. The deck is constructed with non-skid surfaces and exhibits exceptional solidity, allowing one to walk freely without deck flexing—a testament to Formula's premium build quality. At the bow, custom-made 10.5-inch cleats replace standard off-the-shelf hardware, emphasizing the bespoke nature of the vessel. Additional details include non-skid surfaces adjacent to stainless steel footrests, a heavy-duty stainless steel windshield frame, and overhead supports that double as handholds.

Conclusion

The Formula 40 PC presents a well-rounded package that reflects the brand's commitment to upscale yacht design. From meticulous interior joinery and innovative privacy features to robust exterior construction and thoughtful deck layouts, this yacht offers both comfort and functionality. While minor issues such as the shower door and port light operation exist, they do not detract significantly from the overall quality and experience. The Formula 40 PC stands as a compelling choice for those seeking a premium cruising vessel.

Rating: 4.3 out of 5

Overview from around the web 2002 Formula 40 PC

Customers have shared enthusiastic feedback about the 2002 Formula 40 PC, highlighting its blend of performance, comfort, and elegant design

Many users appreciate the powerful twin engine setup, which delivers exhilarating speed and smooth handling on the water, making it ideal for both leisurely cruises and thrilling adventures. The spacious layout is frequently praised, providing ample room for family and friends. Buyers enjoy the well-designed cockpit and salon, which offer a perfect setting for entertaining or relaxing. The galley is noted for its modern appliances and ample storage, ensuring that onboard living is both practical and enjoyable. Another aspect often commended is the quality of craftsmanship synonymous with the Formula brand. Owners feel confident in the durability and longevity of the vessel, citing the attention to detail and high-end materials used throughout. Overall, the 2002 Formula 40 PC garners high ratings for its balance of luxury, versatility, and performance, making it a favorite choice among boating enthusiasts.

The Biggest Pros and Cons

Pros

Performance-Oriented Design: The Formula 40 PC is renowned for its performance capabilities, equipped with powerful engines that offer thrilling speed and maneuverability on the water.

Luxurious Interior: The cabin is designed for comfort, featuring high-quality materials, spacious seating, and a stylish layout. The galley is well-appointed, offering all the amenities for a comfortable stay.

Versatile Layout: The boat offers a versatile layout that accommodates both entertaining guests and relaxed family outings. The spacious cockpit and swim platform enhance the on-water experience.

Stable and Reliable: Constructed with a deep-V hull design, the Formula 40 PC provides excellent stability and handling in various water conditions, making it suitable for both calm lakes and choppy seas.

Well-Maintained Brand Reputation: Formula is known for its quality craftsmanship and attention to detail, which contributes to the longevity and resale value of their boats.

Cons

Fuel Consumption: The powerful engines that provide exhilarating performance may lead to higher fuel consumption, which can be a consideration for long-distance cruising.

Maintenance Costs: The luxury features and performance enhancements can result in higher maintenance and repair costs over time, particularly if the boat is used frequently or not properly maintained.

Limited Sleeping Space: While the interior is comfortable, the sleeping arrangements may feel tight for larger groups, making it less ideal for extended trips with multiple guests.

Winterization and Storage: As with many performance boats, adequate winterization and proper storage solutions are necessary to protect the vessel during off-seasons, which may add to the annual upkeep.

Price Point: While offering excellent value for quality, the initial purchase price of a Formula 40 PC might be higher compared to other boats in its class, making it less accessible for some buyers.

Made For

The 2002 Formula 40 PC is designed for boating enthusiasts seeking a perfect blend of performance, comfort, and style. Ideal for weekend getaways, day cruising, or entertaining guests, this sporty powerboat caters to both seasoned sailors and newcomers alike. With its sleek lines and powerful twin engines, the Formula 40 PC promises an exhilarating ride on the water. Families will appreciate the abundant seating and spacious cabin, which provides a welcoming space for relaxation and socializing. The thoughtfully designed layout ensures that everyone can enjoy the journey, whether lounging in the sun on the deck or preparing meals in the fully-equipped galley. For those who prioritize quality and craftsmanship, the Formula 40 PC is built with high-end materials and attention to detail, ensuring durability and a luxurious feel. Whether you're heading out for a thrilling adventure or a leisurely cruise, this boat delivers a wonderful experience on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 40 PC. 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 Express 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.
$
$
510152025
%
Principal Loan Amount$ 119,000
Total Payment$212,767.58
Monthly payment
$886.53/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 40 PC. 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 Express 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.
$
$
510152025
%
Principal Loan Amount$ 119,000
Total Payment$212,767.58
Monthly payment
$886.53/mo

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Meet the Broker

Address

700 Mariner's Plaza Drive, Ste 707
Mandeville, LA 70448

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