2001 Formula 40 Performance Cruiser

$159,000

Used

Boat in Washington, NC 27889 US

builtBuilt in 2001
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x Yanmar)

Engine type and count
length

42.6 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
42.58ft
Length Overall
42.58ft
Beam
12.67ft
Cabin Headroom
6.42ft
Dry Weight
22750lb
Cruising Speed
26kn
Max Speed
38kn
Range
240nmi
Cabins
2
Heads
1
Max Passengers
12
Seating Capacity
12
Fresh Water Tanks
55gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Yanmar
Total Power
440hp
Engine Hours
696
Engine Type
inboard
Fuel Type
diesel
Engine Year
2001
Drive Type
direct
Propeller Type
3-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
Yanmar
Total Power
440hp
Engine Hours
700
Engine Type
inboard
Fuel Type
diesel
Engine Year
2001
Drive Type
direct
Propeller Type
3-blade
Propeller Material
stainless-steel
Compass
Shore Power Inlet
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$159,000

Overview from around the web 2001 Formula 40 Performance Cruiser

Customers praise the 2001 Formula 40 Performance Cruiser for its sleek design and impressive performance on the water

Many highlight its powerful engines that deliver smooth and fast cruising, making it ideal for both day trips and longer outings. The spacious and well-appointed interior receives positive remarks for comfort and style, with ample seating and quality finishes that enhance the onboard experience. Reviewers also appreciate the boat's handling and stability, noting that it performs well in various sea conditions. Overall, owners commend the Formula 40 for combining luxury, speed, and reliability in a versatile performance cruiser.

The Biggest Pros and Cons

The 2001 Formula 40 Performance Cruiser offers a blend of sporty performance and comfortable cruising, making it a popular choice among 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 water sports.

Sleek Design: Its aerodynamic profile and stylish lines not only enhance aesthetics but also contribute to efficient handling on the water.

Comfortable Interior: The cabin is thoughtfully designed with quality materials, offering ample seating and amenities for enjoyable overnight stays.

Spacious Cockpit: The open cockpit area provides plenty of room for socializing, sunbathing, and relaxing.

Good Handling: Responsive steering and stability make it easy to maneuver, even at higher speeds.

Cons

Fuel Consumption: Due to its performance-oriented engines, fuel efficiency may be lower compared to more economy-focused cruisers.

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

Maintenance Costs: High-performance components and systems might entail higher maintenance and repair expenses over time.

Ride Comfort in Rough Water: The relatively low profile and sporty hull may result in a firmer ride in choppy conditions compared to heavier cruisers.

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, powerful boat that delivers thrilling on-water experiences while offering spacious accommodations for relaxing and entertaining with family and friends. Whether you're looking for exciting day trips or leisurely weekend getaways, this boat caters to individuals or families who value both performance and luxury 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
$1,804.60/mo
$
$
Loan amount$ 159,000
OR
%

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
$1,804.60/mo
$
$
Loan amount$ 159,000
OR
%

Contact McCotters Marina

179 McCotter's Marina Rd, Washington, NC, 27889

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Address

179 McCotter's Marina Rd
Washington, NC 27889

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