2005 Formula 40 Performance Cruiser

$129,000

Used

Boat in Cos Cob, CT 06807 US

builtBuilt in 2005
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
Length Overall
42.58ft
Max Bridge Clearance
11.83ft
Max Draft
2.92ft
Cabin Headroom
6.75ft
Deadrise At Transom
18deg
Hull Material
fiberglass
Engine 1
Engine Make
Yanmar
Engine Model
6LY2A-STP
Total Power
440hp
Engine Hours
860
Engine Type
inboard
Fuel Type
diesel
Engine Year
2005
Drive Type
direct
Engine 2
Engine Make
Yanmar
Engine Model
6LY2A-STP
Total Power
440hp
Engine Hours
860
Engine Type
inboard
Fuel Type
diesel
Engine Year
2005
Drive Type
direct
Summary
2004 Formula 40 Performance Cruiser (Shaft Drive Boat)
Generators
Generator 1
Make
Westerbeke
KW
7.6
RPM
0
Hours
0
Detail
Westerbeke, 7.6 KW

Price History

DateEventPrice
4/10/26Price decreased$129,000(-13.4%)
3/4/26Price decreased$149,000(-6.3%)
11/17/25Initial price$159,000

Contact Southpaw Yacht Sales

Boattest.com Review

Boat Test Review on BoatTest.com

Overview

The Formula 40 PC exemplifies the qualities that distinguish an upscale yacht from an average one. Designed with functionality and premium craftsmanship in mind, this model offers a blend of innovative features and thoughtful details that enhance both comfort and usability on the water.

Exterior Design and Cockpit

A standout feature of the Formula 40 PC is its versatile stern section, which significantly enhances the boat's functionality. The stern sunpad is equipped with twin backrests that lock into three distinct positions, allowing it to serve as an aft-facing chaise lounge for sunbathing, an aft-facing seat when at anchor, or additional forward-facing seating for the cockpit. The sunpad lifts on gas shocks to reveal storage space containing a remote control for the swim platform, which doubles as a tender or personal watercraft platform. Also stored here are filler cushions for the U-shaped cockpit seating and cocktail tables, all secured in dedicated cutouts. The cockpit seating is upholstered in Nautilex marine vinyl and includes storage compartments beneath. The cockpit area features flush-mounted stainless steel drink holders and a stereo remote control for convenience. Moving forward, the bow is easily accessible via a walk-through windshield, with ample handholds and a solid, non-skid deck that resists flexing, reflecting the build quality typical of premium yachts.

Interior Living Spaces

Inside, the galley is thoughtfully arranged on the port side, featuring a coffee docking station and generous countertop space measuring approximately 29.5 by 30 inches. The galley includes a two-burner electric stove with a safety micro switch that automatically shuts off when the lid is closed, a 5.2 cubic foot refrigerator, and a 1.8 cubic foot freezer. The cabinetry showcases dovetail joinery on all drawers, a hallmark of quality craftsmanship. The main cabin benefits from three port lights that provide natural light and ventilation. Privacy is enhanced by an innovative lighting system with dimmable uplights and adjustable covers that direct light downward, surpassing the typical curtain solutions found on many boats. Additional interior features include cedar-lined lockers behind mirrored hatches and a port-side cabinet containing a privacy safe and dovetailed drawers that retract smoothly when closed.

Private Accommodations

The forward berth offers ample storage with two pull-out drawers beneath the bed, incorporating the same automatic retraction mechanism as other drawers on board. Overhead, a hatch provides natural light, ventilation with a sliding screen, and serves as an emergency escape route. The aft cabins stand out as particularly comfortable spaces, furnished with ultra-leather seating and equipped with a 19-inch LCD television on the port side. These cabins include substantial storage, including dedicated compartments for pedestals that convert the space into additional berths. The cabins provide about five feet of overhead clearance, with a sole extension that allows occupants to stand naturally without head clearance issues.

Conclusion

The Formula 40 PC by Formula demonstrates a clear commitment to upscale design and functionality. From its adaptable stern sunpad and solid deck construction to its well-appointed galley and comfortable private accommodations, this yacht offers a premium boating experience. The attention to detail in storage solutions, lighting, and materials underscores the difference that quality craftsmanship makes in a cruiser of this class.

Overview from around the web 2005 Formula 40 Performance Cruiser

Customers praise the 2005 Formula 40 Performance Cruiser for its exceptional blend of speed and comfort

Many highlight its powerful twin engines that deliver impressive performance on the water, making it ideal for both cruising and sport boating. The spacious and well-designed cockpit, along with the stylish interior, receives frequent compliments for providing a comfortable and luxurious experience. Owners also appreciate the boat’s solid build quality and reliable handling, which contribute to confidence and enjoyment during outings. Overall, the Formula 40 Performance Cruiser is celebrated for combining sleek design with practical features that meet the needs of boating enthusiasts.

The Biggest Pros and Cons

The 2005 Formula 40 Performance Cruiser offers a blend of speed, comfort, and style that appeals to boating enthusiasts looking for both performance and leisure. Here are some of the pros and cons of this model:

Pros

Powerful Performance: Equipped with robust engines, the Formula 40 delivers impressive speed and acceleration, making it ideal for thrill-seekers and those who enjoy fast cruising.

Sleek Design: The boat boasts a modern, aerodynamic profile that not only looks great but also enhances handling and fuel efficiency.

Comfortable Interior: With spacious seating and well-appointed cabins, it provides a comfortable environment for extended trips and overnight stays.

Quality Construction: Built with high-quality materials and craftsmanship, the Formula 40 is known for durability and reliability on the water.

Advanced Features: Includes user-friendly controls, ample storage, and modern amenities that enhance the overall boating experience.

Cons

Fuel Consumption: Due to its powerful engines and performance focus, the boat may have higher fuel consumption compared to more economy-oriented cruisers.

Maintenance Costs: High-performance components and advanced systems can lead to increased maintenance and repair expenses.

Limited Cabin Space: While comfortable, the cabin area may be somewhat compact for larger groups or longer voyages.

Price Point: The combination of performance and luxury features positions the Formula 40 at a higher price range, which might be a consideration for budget-conscious buyers.

Made For

The 2005 Formula 40 Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, speed, and comfort. Ideal for those who enjoy both thrilling performance on the water and stylish cruising, this boat caters to individuals or families looking for a high-quality vessel that delivers powerful handling alongside spacious accommodations for relaxing and entertaining. Whether you're planning day trips or extended outings, the Formula 40 Performance Cruiser offers versatility and sophistication for a premium boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Power 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.
Monthly payment
$816.88/mo
$
$
%
Principal Loan Amount$ 109,650
Total Payment$196,050.13

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2005 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 Power 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.
Monthly payment
$816.88/mo
$
$
%
Principal Loan Amount$ 109,650
Total Payment$196,050.13

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