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2003 Formula 40 PC Sold Boat in Newport Beach, CA 92660 US

$135,000

Used
We will let you know when another 2003 Formula 40 PC is available in Newport Beach, CA
builtBuilt in 2003
Year the boat was built
model

40 PC

Boat model
engine

2 Engines (2x 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 2003 Formula 40 PC yacht cruising on a sunny day near waterfront homes. - 02003 Formula 40 PC
Price$135,000$135,000$134,500$138,500$140,000$128,500
LocationNewport BeachSan DiegoSan DiegoSan DiegoNewport BeachStockton
Nominal Length40'45'41'42'31'42'
Engine MakeYanmarCaterpillarMerCruiserMerCruiserMerCruiserMERCURY
Total Engine Power440 hp-375 hp370 hp330 hp370 hp
Days on Market46332121833740119
Get in touch
Nominal Length
40ft
Length Overall
40ft
Beam
12.67ft
Drive Up Draft
2.92ft
Dry Weight
21750lb
Cabins
2
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
250gal
Holding Tanks
55gal
Hull Material
fiberglass
Hull Shape
modified-vee
Engine 1
Engine Make
Yanmar
Engine Model
6LY2A-STP
Total Power
440hp
Engine Hours
886
Engine Type
inboard
Fuel Type
diesel
Drive Type
v
Engine 2
Engine Make
Yanmar
Engine Model
6LY2A-STP
Total Power
440hp
Engine Hours
884
Engine Type
inboard
Fuel Type
diesel
Drive Type
v
Disclaimer

West Coast Yachts 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
7/16/25Price decreased$135,000(-15.1%)
6/28/25Initial price$159,000

Contact West Coast Yachts

2600 Newport Blvd., Suite 122, Newport Beach, CA, 92663

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 2003 Formula 40 PC

Customers praise the 2003 Formula 40 PC for its sleek design, powerful performance, and comfortable interior

Many highlight the boat's smooth handling and reliable engines, making it ideal for both cruising and entertaining. The spacious cockpit and well-appointed cabin receive positive remarks for providing a luxurious experience on the water. Overall, owners appreciate the blend of style, speed, and comfort that the Formula 40 PC delivers.

The Biggest Pros and Cons

The 2003 Formula 40 PC is a sleek and powerful performance cruiser known for its blend of speed, style, and comfort. Here are some pros and cons to consider:

Pros

Performance: Equipped with robust engines, the Formula 40 PC delivers impressive speed and smooth handling, making it ideal for both cruising and watersports.

Design: The sporty and aerodynamic exterior combined with a well-designed cockpit offers both aesthetic appeal and functional comfort.

Comfort: The interior layout maximizes space with comfortable seating, a functional galley, and sleeping accommodations, making it suitable for overnight trips.

Build Quality: Formula boats are known for their solid construction and durability, ensuring reliability on the water.

Cons

Maintenance: As with many performance boats, maintenance can be more intensive and costly due to the high-performance engines and systems.

Fuel Consumption: The powerful engines may result in higher fuel consumption, which can affect operating costs.

Space: While comfortable, the 40 PC's cabin space is more compact compared to larger yachts, which may be a consideration for extended stays or larger groups.

Age: Being a 2003 model, some components may require updates or refurbishment depending on prior maintenance and usage.

Made For

The 2003 Formula 40 PC is designed for boating enthusiasts who seek a perfect blend of performance, luxury, and comfort. Ideal for those who enjoy high-speed cruising combined with spacious accommodations, this model caters to families and groups looking for an exciting yet relaxing experience on the water. Whether you're planning day trips, weekend getaways, or entertaining guests, the Formula 40 PC offers versatility and style for a memorable boating lifestyle.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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$ 114,750
Total Payment$205,168.74
Monthly payment
$854.87/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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$ 114,750
Total Payment$205,168.74
Monthly payment
$854.87/mo

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Meet the Broker

Address

2600 Newport Blvd.
Suite 122
Newport Beach, CA 92663

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