2007 Formula Formula 34 PC — Gordonville, Texas 76245

A 2007 Formula 34 PC at Gordonville, Texas, asking $116,999 through Pop Yachts. The 34 PC is the compact end of Formula's Performance Cruiser line, and the Decatur, Indiana yard kept it in the catalog from 2004 to 2018 — a long run for an express cruiser. Formula's signature is build before styling: through-bolted hull-to-deck joints on backing plates, wiring a grade above the production norm, and a used market that prices the name accordingly. On 35.6 ft overall and an 11.5 ft beam, the model puts sport-boat pace under a genuine weekend cabin; this hull is from the first years of that run.

Two notes in the data. We hold no sister 34 PC to benchmark against, so the price test runs against the neighboring fleet — and it is demanding. Every 2003–2008 cruiser on our powerboat shelf asks less: a 2006 Rinker 360 Express at $82,500, a 2003 Carver 350 Mariner at $60,900. The only boats above it are six to fourteen years newer. At $116,999 this Formula is priced on its name; whether the boat carries it is the survey's question.

The sharpest cross-check comes from Formula's own line — a 2006 Formula 370 Super Sport at Stillwater, Minnesota, one year older and three feet longer with the same build under a sportier deck, asks $89,990, or $27,009 less:

If the money should buy age instead of pedigree, the 2013 Monterey 330-340-355 Sport Yacht, also at Stillwater, is the upgrade at the same 34 ft — six years newer, $47,801 more:

And where the opposite instinct leads, a 2018 Rinker 290 Express Cruiser at Miami trades three feet of length for eleven years of age, at $85,000 — $31,999 under the Formula:

But if it is Formula's build at this size you are after, the shelf holds exactly one — this is the one to survey first: