This single owner fresh water vessel has been kept on a lift since it was purchased and has been stored inside every winter. The required maintenance has been completed annually. The 480 hours are considered to be very low on this Volvo Penta IPS Diesel Power Package with Joystick Steering. A few of the many benefits when comparing to inboard shafts are:  1) 40% longer cruising range, 2) 20% higher top speed, 3) 30% reduced fuel consumption, 4) 30% less CO2 emissions, 5) 50% lower perceived noise, 6) More onboard space Note: Boat Has a Hard Top, this is being installed along with radar. The Hard Top is a Factory fit. Update...The Hardtop has been installed w/Radar The Formula 40 PC delivers a smooth dry ride and responds well at the helm. The IPS system is calculated and easy to use, and makes it possible to maneuver the boat very easily. This vessel can be on plane in just 9 seconds and up to 30 mph in 13.1 seconds. This 40 PC cruised most economically around 2500 rpm giving us 24.1 mph and a range of 255 miles on a full tank. Top speed was registered at 42 mph turning 3480 rpm. New Bottom paint January 2021. If you are looking for an elegant cruiser that also delivers top performance, look no further, this vessel will not disappoint.

From stem to stern, everything about your Formula Performance Cruiser is designed to meet your needs and maximize your fun and relaxation on the water. The Formula 40 Performance Cruiser is where excellence meets sophistication and superiority meets authenticity. It’s time to board your very own dream boat, kick back and enjoy an outing with family or friends. The tastefully designed cockpit makes for a comfortable ride on those longer adventures, with versatile seating for all aboard. The large U-shaped lounge aft treats passengers to a wide-open space that can accommodate the entire crew for a meal or snack by adding the optional cockpit tables. The lounge can also be converted to form a king-size sunning area by lowering the tables and adding the lounge cushions. To port, the forward lounge is perfect for three seated passengers or one reclining. An innovative, two-position helm seat provides excellent support while sitting, and also allows for leaning back against the specially designed adjustable section while standing. Precision ergonomics make it easy to monitor gauges and assess all on-board systems. The expansive helm seat will also accommodate two more passengers, making it possible to seat 12 people comfortably. Fourteen cupholders and other key accessories for entertaining are plentiful and easily reached by all passengers.

NADA AVERAGE VALUE W/O LISTING ANY OPTIONS IS $372,700 THIS IS NOT AN AVERAGE BOAT!  BOAT IS PRICED RIGHT AT $349,995.00! 2012 Formula 40 PC with Twin Volvo Penta D6-370 KA Diesel Engines and IPS 500 Pod Drives That Provide Enhanced Handling and Maneuverability, Efficiency Gains, and Increased Useable Space Throughout!  Only 630 Hours On The Engines!   Boat Has Been Kept And Used In Fresh Water, On Cayuga Lake, The 2nd Largest Finger Lake, since 2014!  Boat Was Purchased Directly From Formula Boats in April of 2014 As A "Reconstructed" Vessel So, Basically, It's Better Built and Equipped Now Than When It Originally Left the Factory Back in 2012!  A Formal Survey Was Performed, Prior To Purchase at The Formula Factory in Decatur, IN, which Stated "Totally Refurbished at the Formula Factory...Better Than New Condition" ORIGINAL SURVEY AVAILABLE UPON REQUEST! ELECTRONICS:  RAYMARINE E-120 GPS/CHARTPLOTTER/RADAR, RAYMARINE ST-70 AUTO PILOT, ICOM C-M412 VHF RADIO, CLARION MARINE CMD-6 STEREO SYSTEM, TWO TOSHIBA 19" and ONE SAMSUNG 32" TV'S, SONY BLUERAY/DVD, SANSUI TV/DVD 18" SLEEPS 6 COMFORTABLY-FORWARD STATEROOM/BERTH(2),MID-CABIN(2) AND SALON(2) Hard Top, Westerbeke 7.6KW Diesel Generator, Electric Head with Stand Up Shower, Cockpit Air and Salon Air Conditioning & Heat (2 Units 16,000 BTU's & 18,000 BTU's, Respectively), Central Vacuum, Cockpit Isotherm Refrigerator, Windshield Wipers, Under Water Lights, Two Cockpit Tables, Snap In Cockpit Carpet, Bow Cushion Sunpads, Lewmar Windlass, Galley (Kenyon Two Burner Electric Stove, Franklin Chef Convection Oven, Isotherm Refrigerator, Stainless Steel Sink), Baltic Birch Flooring in Cabin, Charles 80 AMP Battery Charger, Shore Power Cords, Seaward Hot Water System (11 Gallons), Macerator, Grey Water System, Trim Tabs, Halon Fire Suppression System (HFC-227), ACR Remote Spotlight,   Twin 30 Amp Service, Fuel Capacity-248 Gallons (2 Tanks), Fresh Water Capacity-55 Gallons, Holding Tank-57 Gallons, Beam 12'8", LOA 43'7", Draft 3'8"