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2016 Formula 40 Performance Cruiser Sold Boat in Monmouth Beach, NJ US

$379,000

Used
We will let you know when another 2016 Formula 40 Performance Cruiser is available in Monmouth Beach, NJ
builtBuilt in 2016
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x Volvo Penta)

Engine type and count
length

42 feet

Overall boat length
fuel

Diesel

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of 2016 Formula 40 Performance Cruiser docked at marina. - 02016 Formula 40 Performance Cruiser
Price$379,000$394,727
LocationMonmouth BeachBeach Haven
Nominal Length42'32'
Draft4'-
Engine MakeVolvo PentaMercury
Total Engine Power370 hp350 hp
Days on Market8717
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Other 2016 Formula 40 Performance Cruiser For Sale in New Jersey, United States

Other Formula 40 Performance Cruiser boats for sale in New Jersey, United States

Nominal Length
42ft
Length Overall
42.58ft
Beam
12.67ft
Max Bridge Clearance
16.67ft
Max Draft
3.67ft
Deadrise At Transom
18deg
Dry Weight
21550lb
Cruising Speed
28kn
Max Speed
35kn
Cabins
2
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
250gal
Holding Tanks
57gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
IPS 500d
Total Power
370hp
Engine Hours
430
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
Drive Type
pod
Engine 2
Engine Make
Volvo Penta
Engine Model
IPS 500d
Total Power
370hp
Engine Hours
430
Engine Type
inboard
Fuel Type
diesel
Engine Year
2016
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.
Steering System
Joystick Control

Price History

DateEventPrice
6/17/26Initial price$379,000

Contact Yachts360

1515 SE 17th Street, Suite 125, Fort Lauderdale, FL, 33316

Formula 40 Performance Cruiser: 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 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.

Rating: 4.3 out of 5

Overview from around the web 2016 Formula 40 Performance Cruiser

The 2016 Formula 40 Performance Cruiser has garnered positive feedback from customers who appreciate its exceptional blend of performance and luxury

Many owners highlight its powerful twin-engine setup, which offers impressive speed and agility on the water, making it a joy to navigate. The boat’s sleek design is often praised for its aesthetic appeal, turning heads both in the marina and out on the waves. Inside, the spacious, well-appointed cabin is frequently mentioned, with users enjoying the comfortable accommodations and high-quality finishes. The layout is designed for both relaxation and entertainment, with ample seating in the cockpit and a fully equipped galley. Customers also appreciate the innovative features, such as advanced electronics, which enhance the overall boating experience. Many reviews emphasize the smooth ride that the Formula 40 provides, thanks to its state-of-the-art hull design. Whether cruising along coastlines or entertaining guests, users often express satisfaction with the boat's performance, comfort, and versatility. Overall, the 2016 Formula 40 Performance Cruiser is celebrated for its ability to deliver an exhilarating boating experience without compromising on luxury, making it a favorite choice among performance cruiser enthusiasts.

The Biggest Pros and Cons

Pros

Performance & Handling: The Formula 40 is designed for high performance, utilizing powerful engines that offer impressive speed and acceleration. Its advanced hull design ensures excellent handling and stability, making it ideal for both casual cruising and spirited outings.

Luxurious Interior: The interior layout of the Formula 40 is both stylish and functional. With high-quality materials and finishes, it provides a comfortable living space, including spacious seating, a fully equipped galley, and well-appointed sleeping quarters.

Innovative Design: The sleek, aerodynamic design of the boat is not only visually appealing but also enhances performance and fuel efficiency. The attention to detail in the exterior finishes adds to the overall aesthetic.

Ample Amenities: With features like a large sunpad, outdoor wet bar, and generous storage, the Formula 40 is equipped for entertaining and leisure activities, making it perfect for day trips or longer excursions.

Cutting-Edge Technology: The 2016 model includes modern navigation and entertainment systems, ensuring a seamless and enjoyable boating experience.

Cons

Cost: As a premium performance cruiser, the Formula 40 comes with a higher price tag compared to other vessels in its class. It may not be the best choice for budget-conscious buyers.

Maintenance: The high-performance engines and sophisticated features require regular maintenance, which can be more costly than standard boats. Owners should be prepared for potential upkeep expenses.

Space Limitations: While spacious for a performance cruiser, the living quarters might feel cramped for larger groups or extended trips. If you plan on spending long periods on board with many guests, consider how the space will accommodate everyone.

Fuel Consumption: Due to its powerful engines and performance-oriented design, fuel consumption can be significant, especially at higher speeds. This could lead to higher operating costs during frequent use.

Not Ideal for All Conditions: While it handles well in a variety of conditions, its performance-oriented focus may not offer the same comfort level as larger, more conventionally designed cruisers in rough seas.

Made For

The 2016 Formula 40 Performance Cruiser is designed for the discerning boating enthusiast who values a blend of luxury, performance, and versatility. This vessel caters to seasoned sailors looking for an exhilarating ride on the water, as well as families and groups seeking comfort and style during their excursions. With its sleek design and powerful propulsion, the Formula 40 is perfect for those who enjoy speed and agility, whether racing against the wind or cruising along scenic coastlines. Ideal for day trips, weekend getaways, or longer adventures, this performance cruiser offers spacious accommodations, intelligent use of space, and modern amenities. Equipped with state-of-the-art technology and luxurious finishes, the 2016 Formula 40 Performance Cruiser is for those who seek both excitement and relaxation. Whether you're an avid sailor or just looking to enjoy leisure time on the water, this boat meets the needs of anyone who desires a premium yachting experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 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 Cuddy Cabin 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$ 322,150
Total Payment$575,992.23
Monthly payment
$2,399.97/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2016 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 Cuddy Cabin 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$ 322,150
Total Payment$575,992.23
Monthly payment
$2,399.97/mo

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Address

1515 SE 17th Street
Suite 125
Fort Lauderdale, FL 33316

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