Pre-owned 2023 Formula 40 Performance Cruiser for sale in Edgewater, MD. Twin Volvo IPS, joystick docking, low hours, loaded. Call 410-798-4445 for a showing.

FOR SALE: 2023 Formula 40 Performance Cruiser for Sale

This pre-owned 2023 Formula 40 Performance Cruiser is a twin-Volvo IPS express cruiser offered at Rhode River Boat Sales in Edgewater, Maryland, near Annapolis.
She shows low hours, carries a long list of factory options, and is finished in a custom Formula Flex Imron graphic. The 40 Performance Cruiser was Formula’s two-cabin express weekender, built through the 2023 model year, and this boat pairs pod-drive handling with a full cruising interior.

2023 Formula 40: Boat Overview

The Formula 40 Performance Cruiser is a 42-foot express cruiser designed for weekending and entertaining, with two cabins, a shared head, and berths for up to six guests.
Formula built the model through 2023, this boat the standout systems are the twin Volvo Penta IPS pod drives with joystick docking and dynamic positioning, which make a boat this size far easier to handle in a slip.

Engines and Performance

• Engines: Twin Volvo Penta IPS500 (D6-380) pod drives
• Joystick docking for close-quarters control
• Dynamic Positioning System to hold station at idle
• Oil change system for simplified maintenance
• Hull: Deep-V fiberglass (GRP)

We do not publish top-speed or fuel-burn figures for this boat unless they come from documented testing. Formula rates the model’s maximum speed in the low-40-knot range; ask the sales team what to expect from this specific unit.

Helm, Navigation and Electronics

• Raymarine Axiom Pro 12S chartplotter with radar and fishfinder
• Raymarine autopilot with P70Rs controller
• FLIR M232 thermal night-vision camera
• Dual VHF radios
• Windlass anchor with bow docking lights

Cockpit and Entertainment

• Generator with 120V shore power
• Dual-zone air conditioning and heat, including 16,000 BTU cockpit A/C
• Cockpit smart HDTV, plus Blu-ray in the aft cabin
• Satellite TV system (KVH TracVision TV3)
• JL Audio M6 cockpit speaker upgrade
• Underwater lighting
• Swim platform with Slate and black vinyl deck
• Woven cockpit mat (Moondust)
• All-weather cockpit cover (Silver)

Interior and Accommodations

Two cabins with a shared head, finished to Formula’s custom order. As equipped:

• Corian countertops in Gray Onyx
• Charcoal woodgrain dash panels; Anthracite cockpit Corian
• Gray-washed woodgrain flooring with Sunbleached Gray doors
• Moondust base vinyl with Crystal Blue weave accents
• Upgraded firm mattress with coverlet and accent pillows
• Cabin seating in Beluga/Hammerhead vinyl
• Electronic security safe; dual USB ports at the V-berth

Additional Equipment

• Vacuum head system with macerator and holding tank
• Self-priming A/C pumps
• Fender clips, swim sprayer faucet, stainless fixtures throughout

Why Consider the Formula 40 Performance Cruiser

The 40 PC suits a buyer who wants a docile, easy-to-handle 40-footer with genuine overnight capability.
The twin-IPS pod drives with joystick and dynamic positioning take much of the anxiety out of docking a boat this size, and the two-cabin layout supports real weekending rather than day use only.
For a buyer who values ride quality and dockside manners over the latest model year, this is a good choice. The sales team can walk you through the equipment, hours, and history.

Manufacturer Specifications

Formula’s published 40 Performance Cruiser specifications:

• Length overall: 42 ft 7 in
• Beam: 12 ft 8 in
• Draft (full load): approx. 2 ft 11 in
• Fuel capacity: approx. 250 gal
• Fresh water capacity: 57 gal
• Displacement (full load): approx. 22,750 lb
• Cabins / guests: 2 cabins, up to 6 guests
• Standard power: Twin Volvo Penta IPS500
• Max speed (model): approx. 42 knots

Why Buy From Rhode River Boat Sales

Rhode River Boat Sales is a family-owned Chesapeake Bay dealership and brokerage, family-owned and operated since 1982 and based in Edgewater, near Annapolis.
Our team can walk you through this boat’s equipment and history, coordinate a showing, help arrange a survey and sea trial, discuss trade-ins, and connect you with financing options. Storage, parts, and service are available through the affiliated Rhode River Marina in Edgewater.

Schedule a Showing

Interested in this 2023 Formula 40 Performance Cruiser? Contact Rhode River Boat Sales at 410-798-4445 to arrange a private showing in Edgewater, MD, and to discuss a survey and sea trial.

Frequently Asked Questions About 2023 Formula 40 Performance Cruiser

How much is a 2023 Formula 40 Performance Cruiser?

This pre-owned 2023 Formula 40 Performance Cruiser is priced at $829,000 at Rhode River Boat Sales in Edgewater, MD. Used prices vary with hours, condition, and equipment. Contact us at 410-798-4445 for current pricing and full details on this boat.

How fast is a Formula 40 Performance Cruiser?

Formula lists a maximum speed for the model in the low-40-knot range with its standard twin Volvo Penta IPS power. Actual speed depends on load, conditions, and setup, so we do not publish a figure for this specific boat without a documented test. Ask our team what to expect on a sea trial.

Are Formula boats good quality?

Formula has a long-standing reputation as a premium American builder of performance cruisers and sport boats, known for hand-laid fiberglass construction, custom-order finishes, and strong resale in the express-cruiser market. As with any pre-owned boat, condition depends on how this specific unit was used and maintained, which is why we encourage a showing, survey, and sea trial.