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Make It So

2016 Formula 40 Performance Cruiser

Monmouth Beach, New Jersey · 430 engine hours · Updated Oct 6, 2026

$369,000

USD · OFFERS CONSIDERED

42 ft
Length
12 ft
Beam
Motor Yachts
Class
Volvo Penta IPS 500d
Engine
370 HP (740 total)
Power
430
Hours
—
Cabins
—
Heads

Overview

**PRICE REDUCED - MOTIVATED SELLER**


2016 Formula 40 PC


Few boats blend luxury, performance, and quality craftsmanship quite like the Formula 40 PC. Powered by twin Volvo Penta IPS 500 diesel engines with joystick docking and showing just 430 original hours, this 2016 Formula represents an exceptional opportunity for buyers seeking a premium express cruiser that has been lightly used and thoughtfully maintained.

Finished in stunning Flagship Blue, the 40 PC turns heads at the dock while delivering the confident ride and handling Formula owners have come to expect. The Volvo IPS propulsion system provides effortless maneuverability, impressive fuel efficiency, and reduced vibration, making everything from close-quarters docking to long-distance cruising a pleasure.

Designed for entertaining and comfortable overnighting, the spacious cockpit features abundant seating, a wet bar with grill, cockpit refrigeration, hardtop with power sunroof, cockpit air conditioning, and a full enclosure with recently replaced isinglass. Whether you're enjoying a summer evening at anchor or extending your boating season into the cooler months, the cockpit remains a comfortable and inviting space.

Below deck, Formula's reputation for fit and finish is immediately apparent. Rich wood cabinetry, Ultraleather seating, Corian countertops, and thoughtful design create an upscale atmosphere rarely found in boats of this size. Accommodations include a private forward stateroom, spacious aft cabin, enclosed head, and a fully equipped galley, making weekends aboard or extended cruising both practical and enjoyable.

Power away from the dock comes from a Kohler 8.5kW diesel generator showing less than 70 original hours, providing reliable operation for the vessel's air conditioning and onboard systems.

Recent maintenance includes fresh pod service with new gear oil and zincs, providing peace of mind for the next owner.


Highlights Include:

  • Twin Volvo Penta IPS 500 diesel engines with joystick control
  • Only 430 original engine hours
  • Kohler 8.5kW diesel generator with less than 70 hours
  • Flagship Blue hull
  • Raymarine e127 multifunction display
  • Cockpit air conditioning
  • Full cockpit enclosure with recently replaced isinglass
  • Swim platform with SeaDek-style decking
  • Wet bar with grill and cockpit refrigeration
  • Private forward stateroom
  • Spacious aft cabin accommodations
  • Corian countertops and premium Formula interior finishes
  • Shore power system
  • Recent pod oil and zinc service


With an original MSRP exceeding $850,000, this Formula 40 PC delivers the quality, performance, and luxury that have made Formula one of the most respected names in boating. Combined with exceptionally low engine and generator hours, recent maintenance, and desirable equipment, she is well-positioned for her next owner to step aboard and begin cruising immediately.


Shown by appointment only.

Specifications

Length Overall
42 ft
Beam
12 ft
Draft (max)
3 ft
Bridge Clearance
16 ft
Hull Material
Fiberglass
Fuel Type
Diesel
HIN
TNRD9704B616
Condition
Used
Fuel Capacity
250 gal
Water Capacity
57 gal
Holding Tank
57 gal
Max Speed
35 kts
Cruise Speed
28 kts

Engines (twin)

Volvo Penta IPS 500d (#1)

Year
2016
Power
370 HP
Hours
430
Fuel
Diesel
Drive
Inboard

Volvo Penta IPS 500d (#2)

Year
2016
Power
370 HP
Hours
430
Fuel
Diesel
Drive
Inboard

Location

Location Monmouth Beach, New Jersey, United States
Flag / Registration N/A
Region Continental United States

Your Broker

Ward Yacht Sales


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Questions about 2016 Formula 40 Performance Cruiser

What is the asking price for 2016 Formula 40 Performance Cruiser?

2016 Formula 40 Performance Cruiser is currently listed at $369,000. Final terms depend on survey, sea trial, and offer structure.

Where is 2016 Formula 40 Performance Cruiser located and can I schedule a showing?

2016 Formula 40 Performance Cruiser is located in Monmouth Beach, New Jersey and is marked Available. Showings and sea trials can be arranged for qualified buyers through our team.

What are the key specs for 2016 Formula 40 Performance Cruiser?

2016 Formula 40 Performance Cruiser is 42 ft overall and includes 42 ft · Motor Yachts · fiberglass.

Is financing available for 2016 Formula 40 Performance Cruiser?

Yes. Marine financing is available for many vessels, with terms based on model year, buyer profile, and lender underwriting.

Can I get a survey and mechanical inspection before closing?

Yes. Buyers are encouraged to complete an independent marine survey and engine/mechanical inspections during due diligence before final acceptance.

Is this a co-brokerage listing with YACHTS360?

Yes. This vessel is listed by YACHTS360. Ward Yacht Sales can represent you as a buyer's broker and coordinate the process through closing.

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