Formula Boats for Sale in Tennessee: New & Used Formula Boats for Sale
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1999 FORMULA 280 BR In the world of premium grade sports boats, the 1999 Formula 280 BR certainly stands out. Built in the year 1999, th... READ MORE
$25,000$23,000StatusConsignmentLocationGrand LakeStock #TBDFOR SALE: EXCEPTIONAL 2008 FORMULA 27 PC Description: Available for purchase is an outstanding example of a 2008 Formula 27 PC. This lux... READ MORE
$49,000$39,900length27Beam9'7"Engine TypeMercuryEngine Horsepower350Engine Hours394Number of Engines2Fuel TypeGasFuel Capacity107Dry Weight9500Hull MaterialFiberglassSeating CapacityyachtManufacture WarrantyFormulaColorsilver
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Formula Boats Hold a Premium Spot in Our Tennessee Showrooms
As an authorized Formula dealer in Tennessee, our inventory at Iguana Marine Group is carried at our dealership locations. Formula has built its reputation over decades as one of the most respected American boat builders in the premium runabout and crossover category, producing hand-laid hulls in Decatur, Indiana, with attention to detail that places the brand firmly above mass-production competitors. We carry Formula because these boats are ideal for owners seeking a refined cruising experience without venturing into yacht territory, while also valuing construction quality and finish work that lasts over the long term. Our sales team understands the differences between the various Formula series, which matters when you're navigating the brand's lineup and trying to identify the right hull size and intended-use category for how you actually boat.
A Look at the New Formula Models Available to Order
The new Formula lineup we configure for buyers spans several distinct series, each built around a specific type of on-water use. The Bowrider range includes the 240, 270, 290, and 310 Bowrider models, which are the brand's classic open-bow cruisers with seating layouts and helm packages refined over multiple generations. Stepping up in versatility, the Crossover Bowrider series includes the 330, 350, and 360 models, designed to bridge day-cruising and weekend use with expanded amenities. The Super Sport Crossover lineup continues that progression with the 380, 400, 430, and 500 models, each adding cabin accommodations and extended cruising capability. For buyers who want a serious watersports-focused platform, the 430 All Sport Crossover offers a dedicated configuration in that category. Formula also produces the 310 and 350 Sun Sport models, which deliver express-cruiser styling in a sleeker package, along with a center-console range that includes the 387 and 457 platforms in both Sport and Fish configurations.
Used Formula Boats Worth Knowing About in Tennessee
The used Formula inventory we work with comes through trade-ins, brokerage listings, and the broader network of pre-owned channels we maintain. Selection varies considerably depending on what's actively listed, and pre-owned Formulas tend to attract buyers who recognize the brand's value retention and want to get into the lineup at a more accessible price point than a new build commands. Each used Formula we represent goes through a detailed condition review by our service team. The review covers the engine and drive systems, the hull and gelcoat condition, the upholstery and canvas, the electronics and navigation packages, and the overall mechanical health of the boat. Buyers in Tennessee often find that a well-maintained used Formula delivers most of the ownership experience of a new build at a meaningfully lower entry cost, particularly on Bowrider and Sun Sport models that have come off careful original ownership.
How Financing Shapes Up for Formula Buyers
Financing a new or used Formula runs through the marine lender relationships our finance team maintains, with applications structured around the boat's price point and the buyer's overall financial picture. Loan terms commonly extend to 20 years on qualifying new purchases, spreading the payment schedule over a horizon that fits the long ownership cycles typical of Formula buyers. Used-boat terms vary by model year, condition, and lender criteria, but they generally extend well beyond standard auto financing terms. The application on our website starts the underwriting process, and the payment calculator lets you model different scenarios before submitting anything formal. Trade-in equity from a current boat folds directly into the loan structure, and our trade evaluations consider hours, drive condition, electronics, canvas, and upholstery status, and recent market comparables. Marine insurance and extended warranty coverage for new Formulas can be incorporated into the closing paperwork if you'd prefer to bundle them into the same transaction rather than coordinate them separately afterward.
What the Buying Journey Looks Like at Our Dealership
The Formula buying process at Iguana Marine Group begins with understanding how you intend to use the boat, which shapes the model recommendation more than anything else. Buyers focused on day cruising with family typically land in the Bowrider or Crossover Bowrider range, while those wanting overnight capability and longer trips often move into the Super Sport Crossover models. Sun Sport buyers tend to prioritize styling and express-cruiser aesthetics alongside the cruising experience, and center-console shoppers gravitate toward the 387 and 457 platforms depending on whether they lean toward fishing or general open-water use. Once the model is dialed in, we walk through engine and drive options, interior layout choices, color and upholstery selections, electronics packages, and any accessory additions that complete the configuration. After the order is placed or the used boat is secured, our team handles rigging, water testing, and pre-delivery work to ensure the watercraft is ready to perform on day one. After delivery, our service department remains your point of contact for engine and drive maintenance, electronics support, fiberglass and gelcoat repair, canvas and upholstery work, winterization, and any modifications you want to make throughout your Tennessee ownership.
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