2023 Formula 40 Performance Cruiser

$829,000

Used

Boat in Edgewater, MD 21037 US

builtBuilt in 2023
Year the boat was built
model

40 Performance Cruiser

Boat model
engine

2 Engines (2x Volvo Penta)

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
Drive Up Draft
3.67ft
Deadrise At Transom
18deg
Dry Weight
22750lb
Cabins
2
Heads
1
Fresh Water Tanks
57gal
Fuel Tanks
248gal
Holding Tanks
55gal
Windlass
electric-windlass
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Volvo Penta
Engine Model
IPS 500D 380HP-JOY
Total Power
380hp
Engine Hours
52
Engine Type
other
Fuel Type
diesel
Engine Year
2023
Drive Type
pod
Propeller Material
bronze
Engine 2
Engine Make
Volvo Penta
Engine Model
IPS 500D 380HP-JOY
Total Power
380hp
Engine Hours
52
Engine Type
other
Fuel Type
diesel
Engine Year
2023
Drive Type
pod
Propeller Material
bronze
Cockpit Shower
Cockpit Cushions
Cockpit Table
Swimming Ladder
Electric Bilge Pump
Manual Bilge Pump
Microwave Oven
Marine Head
Air Conditioning
Heating
Hot Water
Refrigerator
Battery Charger
Depthsounder
Radar
Tv Set
Navigation Center
Plotter
Autopilot
Radio
Compass
Gps
Cockpit Speakers
Vhf
Cockpit Cover
Camper Cover
Hard Top
Shore Power Inlet
Generator
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
9/27/25Price decreased$829,000(-11.8%)
7/23/25Initial price$939,900

Videos from Rhode River Boat Sales on this 2023 Formula 40 Performance Cruiser

Contact Rhode River Boat Sales

2824 Solomons Island Rd, Edgewater, MD, 21037

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 2023 Formula 40 Performance Cruiser

The 2023 Formula 40 Performance Cruiser has garnered rave reviews from customers who appreciate its blend of performance, luxury, and cutting-edge technology

Users have praised the boat's sleek design and aerodynamic lines, which not only enhance its aesthetic appeal but also contribute to superior speed and maneuverability on the water. Customers highlight the spacious and well-appointed cockpit, ideal for entertaining guests or enjoying a day out at sea. Many have noted the high-quality materials used throughout, providing a luxurious feel that extends to the comfortable seating and state-of-the-art amenities. The interior, often described as a masterpiece of modern design, impresses with its thoughtful layout and premium finishes. Boaters appreciate the fully equipped galley, cozy sleeping quarters, and ample storage solutions that combine functionality with style. Performance enthusiasts particularly commend the powerful engine options, which deliver thrilling acceleration and impressive handling, embodying the very essence of a Formula craft. The advanced navigation and entertainment systems further enhance the overall boating experience, making it easy to enjoy both leisure and adventure. Overall, the 2023 Formula 40 Performance Cruiser is celebrated for its exceptional craftsmanship and attention to detail, making it a top choice for those seeking an exhilarating yet luxurious boating experience.

Made For

The 2023 Formula 40 Performance Cruiser is designed for discerning boating enthusiasts who seek a perfect blend of luxury, performance, and innovation on the water. This vessel is ideal for both seasoned sailors and newcomers alike, offering an exquisite experience that caters to a variety of lifestyles—be it entertaining friends, family adventures, or leisurely weekend escapes. With its sleek lines and cutting-edge design, this performance cruiser appeals to those who value both aesthetics and functionality. The Formula 40 provides ample space for relaxation and socialization, showcasing an elegantly appointed interior that highlights premium materials and modern conveniences. Whether you’re cruising along tranquil coastlines or navigating lively waters, the Formula 40 ensures a smooth ride and responsive handling, making it suitable for those who appreciate the thrill of performance sailing. Enjoy the freedom of the open water while indulging in the comfort and luxury that the 2023 Formula 40 Performance Cruiser offers—a vessel truly made for champions of the sea.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2023 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
$5,249.53/mo
$
$
%
Principal Loan Amount$ 704,650
Total Payment$1,259,888.03

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2023 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
$5,249.53/mo
$
$
%
Principal Loan Amount$ 704,650
Total Payment$1,259,888.03

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Address

2824 Solomons Island Rd
Edgewater, MD 21037

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