2001 Formula 40 Performance Cruiser

$110,900

Used

Boat in Chicago, IL US

builtBuilt in 2001
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (Mercruiser, 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
496
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
496
Total Power
425hp
Engine Hours
735
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2001
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
9/23/25Price decreased$110,900(-7.5%)
9/4/25Price decreased$119,900(-4.0%)
8/11/25Initial price$124,900

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

Overview from around the web 2001 Formula 40 Performance Cruiser

Customers praise the 2001 Formula 40 Performance Cruiser for its powerful performance and sleek design

Many highlight its spacious and comfortable interior, making it ideal for both day cruising and longer trips. Owners appreciate the boat’s reliable handling and smooth ride, noting that it performs exceptionally well even at higher speeds. The quality craftsmanship and attention to detail in the finish are also frequently mentioned, contributing to an overall feeling of luxury and durability. Additionally, users value the ample storage space and well-thought-out layout, which enhance convenience and enjoyment on the water.

The Biggest Pros and Cons

The 2001 Formula 40 Performance Cruiser offers a dynamic blend of speed, style, and comfort, making it a popular choice for boating enthusiasts. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with robust engines, the Formula 40 delivers impressive speed and acceleration, ideal for thrill-seekers and performance lovers.

Sleek Design: Its aerodynamic and modern styling not only looks great but also enhances handling and fuel efficiency.

Spacious Cockpit: The layout provides ample seating and comfort for passengers, making it perfect for entertaining or family outings.

Quality Build: Known for solid construction and durable materials, ensuring longevity and reliability on the water.

Versatile Use: Suitable for both day cruising and longer trips, thanks to well-appointed cabins and storage options.

Cons

Fuel Consumption: The high-performance engines can lead to increased fuel use compared to more economy-focused cruisers.

Maintenance Costs: As a performance-oriented boat, upkeep and repairs may be more expensive, especially for engine and specialized components.

Limited Cabin Space: While comfortable for day trips, the cabin size might feel compact for extended stays or larger groups.

Handling in Rough Water: Although excellent in calm conditions, the boat may not perform as smoothly in very choppy or rough seas.

Made For

The 2001 Formula 40 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of high-performance speed and comfortable cruising. It is ideal for those who want a stylish and powerful boat that can deliver thrilling rides while also providing ample space and amenities for relaxing days on the water with family and friends. Whether you're into spirited day trips or extended weekend adventures, this boat caters to those who value both performance and luxury.

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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