2001 Formula 40 Performance Cruiser

$110,900

Used

Boat in Chicago, IL 60603 US

builtBuilt in 2001
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

40 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
40ft
Beam
12ft
Max Draft
2.92ft
Deadrise At Transom
18deg
Dry Weight
22750lb
Cruising Speed
28kn
Heads
1
Fresh Water Tanks
55gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
MerCruiser
Engine Model
8.1S HO
Total Power
425hp
Engine Hours
735
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
Drive Type
v
Engine 2
Engine Make
MerCruiser
Engine Model
8.1S HO
Total Power
425hp
Engine Hours
735
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
Power Boat Guide Write-Up
The Formula 40 PC is premium offshore express designed for
those who place a priority on luxury and performance. There are no
decals on the 40 PC—Formula is the only builder in this class that
offers standard Imron hull graphics. With 6'7" of headroom below,
the cabin accommodations are a tasteful blend of high-gloss cherry
cabinetry, Ultraleather upholstery, and high-end appliances and
furnishings. The crescent-shaped dinette features a solid cherry
table and two fixed stools, and the Formula’s fully equipped galley
includes a round stainless steel sink, under-counter refrigeration,
tons of storage, and Corian countertop. Aft of the salon and down
a step, the spacious mid-cabin area boasts a convertible U-shaped
lounge with seating for six. A forward privacy curtain was standard
in the Formula 40 PC until 2004 when hidden pocket doors offered
improved stateroom seclusion. A walk-thru windshield provides
easy access to the foredeck, and the U-shaped aft cockpit lounge
converts to a huge sun pad. The extended swim platform will
support a PWC.
Helm & Electronics
  • Helm Bench Seating for 3
  • Radar/Display Raymarine E120
  • VHF Raymarine 215
  • Raymarine Auto Pilot
  • Second VHF in drop down drawer Raymarine 53
  • Raytheon Fish Finder 1470
  • Tachometers with Analog Hour Meters
  • Kenwood Stereo Control
  • Windlass Control
  • Trim Tab Controls
  • Compass
Galley
  • High Gloss Cherry Cabinetry
  • Large Refrigerator
  • Separate Freezer with its own door
  • Two Burner Electric Cook Top
  • Microwave
  • Corian Counter Top with Stainless Sink and Moen Pull Out Faucet
  • Bult in Trash Receptacle
  • Oval Opening Portal
  • TV above Counter Top
Head
  • Large Separate Shower Compartment
  • VacuFlush Toilet
  • Long Corian Counter Top
  • Large elongated Stainless Sink
  • Cabinets above
  • Cabinets below Vanity
  • Oval Opening Portal
  • Exhaust Fan
  • Plenty of Mirrors
Deck & Hull
  • Hydraulic Swim Platform
  • Walk Thru Windshield
  • Windlass(Concealed) with Foot Pedals
  • Trim Tabs
  • Radar Arch
  • Storage Trunk in Transom
Electrical
  • Kohler Generator with only 125 hours
  • Four Batteries--centerline in bilge
  • Charles 60 Amp Battery Charger
  • DC Panel in Salon
  • AC Panel in Salon
  • Battery Parallel Emergency Switch
  • Dual 30 Amp Power Cord Connections in Transom
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
4/17/26Initial price$110,900

Videos from Precision Yacht Sales LLC. on this 2001 Formula 40 Performance Cruiser

Overview from around the web 2001 Formula 40 Performance Cruiser

The 2001 Formula 40 Performance Cruiser has earned a reputation among boat enthusiasts for its captivating blend of style, performance, and comfort

Customers consistently praise its sleek design and premium craftsmanship, highlighting the beautiful finish and attention to detail that Formula is known for. Many users appreciate the powerful twin engines that deliver impressive speed and agile handling, making it perfect for both leisurely cruises and thrilling excursions. The well-thought-out layout offers spacious accommodations, with a comfortable cabin that features ample seating and sleeping arrangements, ideal for weekend getaways or entertaining guests. Reviewers often note the impressive amenities onboard, including a fully equipped galley, large swim platform, and a well-appointed cockpit, which make for an enjoyable boating experience. Additionally, customers commend the quality of the materials used throughout the vessel, ensuring durability and longevity. Overall, the 2001 Formula 40 Performance Cruiser is celebrated for its ability to provide an exhilarating yet comfortable boating experience, making it a favorite among those who value both performance and luxury on the water.

The Biggest Pros and Cons

Pros and Cons of the 2001 Formula 40 Performance Cruiser

Pros

Performance-Oriented Design: The Formula 40 features a powerful twin-engine setup, delivering impressive speed and agility on the water. This model is built for enthusiasts who crave a thrilling experience.

Comfortable Accommodations: With well-appointed interior spaces, the Formula 40 offers a generous main cabin, a full galley, and sleeping arrangements for several guests, making it perfect for weekend getaways or longer trips.

Stylish and Sleek Profile: The exterior design of the Formula 40 is both striking and aerodynamic, ensuring it stands out on the water while also enhancing performance.

Quality Construction: Known for its high-quality materials and craftsmanship, the Formula 40 is built to endure the rigors of boating while maintaining its aesthetic appeal.

Versatile Features: This model comes equipped with a range of amenities, including a spacious cockpit for entertaining, ample storage, and modern electronics for navigation and connectivity.

Cons

Fuel Efficiency: While the performance is commendable, the twin-engine setup can lead to higher fuel consumption, which may be a consideration for longer trips.

Maintenance Costs: The powerful engines and advanced features may require more frequent maintenance and potentially higher costs compared to simpler models.

Limited Headroom Below Deck: While the interior is comfortable, some may find the headroom in certain areas a bit limited, affecting movement and usability for taller individuals.

Size and Handling: While versatile, the Formula 40 is a larger vessel, which can make maneuvering in tight spaces somewhat challenging for less experienced boaters.

Storage Space: Though there is adequate storage for personal items, it may not suffice for those planning to carry extensive gear or tackle longer voyages.

Made For

The 2001 Formula 40 Performance Cruiser is designed for those who seek the perfect blend of speed, comfort, and luxury on the water. Ideal for boating enthusiasts and families who appreciate high-performance cruising, this vessel caters to both the adventurous spirit and the desire for relaxation. With its sleek, aerodynamic design and powerful twin-engine setup, the Formula 40 delivers exhilarating performance, making it perfect for weekend getaways or longer excursions. The spacious cockpit and well-appointed cabin offer a comfortable retreat for entertaining or simply unwinding after a day on the waves. Whether you’re a seasoned sailor or new to power cruising, the Formula 40 Performance Cruiser accommodates various lifestyles, making it an ideal choice for anyone looking to enhance their boating experience with style and sophistication. From day trips to overnight adventures, this cruiser promises to elevate your time on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 40 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 Motor Yacht 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
$702.26/mo
$
$
%
Principal Loan Amount$ 94,265
Total Payment$168,542.32

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2001 Formula 40 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 Motor Yacht 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
$702.26/mo
$
$
%
Principal Loan Amount$ 94,265
Total Payment$168,542.32

Contact Precision Yacht Sales LLC.

350 E. Michigan Ave. Suite 500, Kalamazoo, MI, 49007

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350 E. Michigan Ave. Suite 500
Kalamazoo, MI 49007

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