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1998 Formula Performance Cruiser Sold Boat in Oshkosh, WI US

$39,995

Used
We will let you know when another 1998 Formula Performance Cruiser is available in Oshkosh, WI
builtBuilt in 1998
Year the boat was built
model

Performance Cruiser

Boat model
engine

2 Engines (2x MerCruiser)

Engine type and count
length

31 feet

Overall boat length
fuel

Other

Fuel type
material

Fiberglass/Reinforced

Hull material

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1998 Formula Performance Cruiser
Price$39,995$35,900$44,495$35,000$45,000
LocationOshkoshSturgeon BayKenoshaDuluthPort Washington
Nominal Length31'29'31'39'33'
Engine MakeMerCruiser-CrusaderMercruserMercruiser
Total Engine Power--350 hp350 hp310 hp
Days on Market2553413356978
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Nominal Length
31ft
Length Overall
31ft
Hull Material
fiberglass
Engine 1
Engine Make
MerCruiser
Engine Model
MERCRUISER 7.4L
Fuel Type
other
Engine 2
Engine Make
MerCruiser
Engine Model
MERCRUISER 7.4L
Fuel Type
other
Sale Price: $39,995<br>Late 90's Formula in excellent shape! Call today and set up a viewing!<br><br>Trades considered.</br>

Contact

Oshkosh, WI

Formula Performance Cruiser: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 37 PC is an upscale weekender designed with a high level of build quality and fit and finish. This model offers a blend of comfort, performance, and thoughtful features, making it well suited for weekend cruising. With a length overall of 38 feet 5 inches, a beam of 12 feet, and a draft of 34 inches, the 37 PC balances spacious accommodations with manageable handling.

Exterior Design and Cockpit Features

The stern boarding area features both a 36-inch fixed platform and a 34-inch extended platform, both surfaced with Plazdeck Teak Finish synthetic material. The extended platform is equipped with a stainless steel grab rail for safety and convenience during swimming or docking. Beverage holders flank each side, and a retractable swim step is centered below. A side-mounted pedestal base for an optional grill is located on the starboard transom, adjacent to an aft-facing seat with a sun pad base, which includes beverage holders and a stereo remote with USB connectivity. Storage is available beneath this seating. Access to the cockpit is through a 16-inch wide walkthrough with a stainless steel framed acrylic gate. A shower is mounted on the port bulkhead. The sun pad area incorporates dual flip seat backs, allowing conversion between aft-facing and forward-facing seating within the U-shaped cockpit lounge, which surrounds two removable pedestal tables. The cockpit seating demonstrates Formula’s attention to detail, featuring weather-resistant materials with a prefixed stain inhibitor, carbon fiber trim, contrast bead welding, double stitching with Tenera element-resistant thread, and custom embroidery. To port, a refreshment center with a Corian countertop includes a recessed sink, a pedestal base for a TV, a dual-voltage refrigerator below the grab rail, a trash receptacle, and the battery switch. Forward of the cockpit, a double-wide lounge with a wraparound seat back offers versatile seating options under a hardtop that stands 6 feet 11 inches above the deck. The hardtop is equipped with speakers, two opening hatches, and LED lighting. Access to the cabin is via a center-mounted sliding door.

Interior Living Spaces

Inside the cabin, the Formula 37 PC provides comfortable accommodations with a gray wash woodgrain finish and 6 feet 8 inches of headroom, creating an open and inviting atmosphere. To starboard, a relaxing sofa can be complemented with a pedestal table for dining or socializing. The galley is efficiently designed with a glass-top cabinet for stemware, a coffee garage below, ample storage, a microwave, and a concealed two-burner stove. The Corian countertop includes a recessed stainless steel sink and a trash receptacle, with a refrigerator and additional storage located beneath. Forward lies the master stateroom, accessed through twin privacy doors, featuring an island berth with storage drawers underneath. A full-length mirror on the port closet door conceals an owner's safe, and a 24-inch TV is mounted on the aft bulkhead. A mid-cabin aft of the master offers flexible use as either a sitting room or a separate cabin with a privacy curtain. The head, located at the companionway to port, includes a separate shower enclosure, a toilet, and a stainless steel sink recessed into a Corian countertop.

Power and Performance

The Formula 37 PC is powered by twin 430 horsepower Mercruiser 8.2 Mag HO ECT engines paired with Bravo 3 outdrives, though the model offers a range of ten engine options from 330 to 430 horsepower. Engine access is facilitated by an electrically actuated hatch controlled from the helm, revealing well-organized engine compartments with all checkpoints located at the front for ease of servicing. A step is provided to aid maintenance, and the center platform conceals the engine start batteries. Additional mechanical features include a 7.5 kW generator with raw water pickup, a hot water heater on the starboard side, house batteries on port, a day hatch in the deck, and two engine flush quick connects on the port bulwarks. Dockside connections include shore power, TV, phone, and city water inlets. The helm is equipped with a recessed compass to reduce glare, dual fuel gauges, a 7-inch SmartCraft display with full functionality, a Lumar chain counter, outdrive trim gauges, and a tri-data display. Controls include rocker switches, VHF horn, stereo controls, a tilt steering wheel, joystick controls for the remote spotlight and Mercury joystick piloting system, trim tab rockers with LED indicators, and Mercury digital throttle and shift controls featuring single-lever operation and engine synchronization. The wraparound windshield is supported by a stainless steel frame with a walkthrough to the bow.

Performance Metrics

During testing with twin 430 horsepower engines, the Formula 37 PC achieved a top speed of 46.5 miles per hour at 4850 RPM. The best economic cruise was recorded at 3500 RPM, corresponding to 30 miles per hour, where the boat consumed 39 gallons of fuel per hour, yielding 0.8 miles per gallon and a range of 147 statute miles while retaining a 10% fuel reserve from the total 212-gallon capacity. The boat reached planing speed in an average of 5.4 seconds with minimal bow rise, accelerated to 20 miles per hour in 10 seconds, and to 30 miles per hour in 19 seconds. Handling characteristics include a 19-degree roll into turns with a subtle slide that mitigates the sensation of being pushed outward, contributing to a balanced and confident ride. The Mercury joystick system greatly enhances low-speed maneuverability, allowing precise docking even in challenging conditions such as wind or current, making the boat accessible for operators upgrading from smaller vessels.

Conclusion

The Formula 37 PC exemplifies what a weekend cruiser should offer, combining a high level of comfort, thoughtful design, and refined fit and finish. Its versatile interior, well-appointed exterior features, and strong performance capabilities make it a compelling choice for those seeking a quality boat for leisure cruising. The advanced joystick piloting system further enhances ease of handling, particularly in docking scenarios, providing confidence for operators of varying experience levels. Overall, the 37 PC reflects Formula’s commitment to craftsmanship and functionality.

Rating: 4.5 out of 5

Overview from around the web 1998 Formula Performance Cruiser

Customers praise the 1998 Formula Performance Cruiser for its sleek design and impressive performance on the water

Many highlight its powerful engine, smooth handling, and comfortable seating, making it ideal for both high-speed cruising and relaxing outings. Users also appreciate the quality craftsmanship and spacious layout, which provide a luxurious boating experience. Overall, owners commend the 1998 model for combining speed, style, and comfort in a reliable and stylish package.

The Biggest Pros and Cons

The 1998 Formula Performance Cruiser offers a blend of speed, style, and comfort, making it a popular choice among boating enthusiasts. Here are some of the pros and cons to consider:

Pros

Powerful Performance: Equipped with robust engines, the 1998 Formula Performance Cruiser delivers impressive speed and smooth handling, ideal for both cruising and water sports.

Sleek Design: Its aerodynamic and stylish exterior not only looks great but also enhances fuel efficiency and on-water stability.

Comfortable Interior: The spacious cabin features well-appointed seating, ample storage, and quality materials, providing a comfortable environment for extended trips.

Versatility: Suitable for a variety of activities, including day cruising, overnight stays, and entertaining guests.

Durability: Built with high-quality construction and materials, this model is known for its reliability and longevity.

Cons

Fuel Consumption: Due to its powerful engines, fuel efficiency may be lower compared to smaller or less performance-focused boats.

Maintenance Costs: High-performance components and features might require more frequent or specialized maintenance, potentially increasing upkeep expenses.

Limited Cabin Space: While comfortable, the cabin may feel compact for larger groups or extended living aboard.

Maneuverability in Tight Spaces: Its size and performance design can make docking or navigating in crowded marinas more challenging for less experienced operators.

Made For

The 1998 Formula Performance Cruiser is designed for boating enthusiasts who seek a perfect blend of luxury, speed, and comfort. It is ideal for those who want a versatile vessel capable of high-performance cruising while offering spacious accommodations and stylish design for relaxing weekends on the water with family and friends. Whether you enjoy thrilling rides or leisurely outings, this boat caters to individuals and families looking for a premium boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 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 Express 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.
$
$
510152025
%
Principal Loan Amount$ 33,996
Total Payment$60,783.59
Monthly payment
$253.26/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 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 Express 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.
$
$
510152025
%
Principal Loan Amount$ 33,996
Total Payment$60,783.59
Monthly payment
$253.26/mo

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Oshkosh, WI

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