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1990 Formula 292 Sold Boat in Fort Pierce, FL US

$20,000

Used
We will let you know when another 1990 Formula 292 is available in Fort Pierce, FL
builtBuilt in 1990
Year the boat was built
model

292

Boat model
engine

--

Engine type and count
length

29 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 292 1990 - 01990 Formula 292
Price$20,000$19,995$22,000$22,500$22,900$22,900
LocationFort PiercePunta GordaPensacolaFort MyersFort MyersTampa
Nominal Length29'24'22'30'30'21'
Engine Make-MercruiserVolvo PentaMercruiserMerCruiser-
Total Engine Power-220 hp270 hp4 hp-350 hp
Days on Market167611422604585168
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Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Hull Material
fiberglass

This classic 1990 Formula 292, has all mechanicals in good order, upholstery can use some work however its all there, mooring cover and a three axel trailer to take her home.� � 

Contact

Fort Pierce, FL

Formula 292: BoatTEST Review

Reviewed by Jeff Hammond

Overview

The Formula 292 represents a significant addition to Formula's Fastech lineup, marking the company's first twin-screw powered boat under 30 feet in nearly a decade. Designed to bridge the gap between the 271 and 312 Fastech hulls, the 292 combines advanced hull technology with twin 300 horsepower Mercruiser 350 Magnum MPI engines, delivering impressive performance and handling characteristics.

Exterior Design and Deck Features

At 29 feet 2 inches in length with an 8 foot 3 inch beam and a displacement of approximately 7,000 pounds, the 292 features a sleek needle-nose bow that ensures smooth re-entry even through large wakes. The aft deck comfortably accommodates three to four passengers on a spacious bench seat equipped with high-quality McLeod bolster upholstery, electrically adjustable seating, and deep molded footrests. Practical features include gel-coated storage bins free of raw fiberglass, sturdy grab rails for safety during high-speed maneuvers, and a motorized engine hatch that provides easy access to the engine compartment.

Interior Living Spaces

Below deck, the Formula 292 offers a well-appointed lounge area with ultra-leather seating supported by a stringer system for durability. The forward cabin includes a surprisingly spacious double bunk, complemented by a concealed portable head for convenience. Additional amenities include a small sink and cooler located aft, enhancing comfort and functionality for extended outings.

Power and Performance

Powered by twin Mercruiser 350 Magnum MPI engines rated at 300 horsepower each, the 292 delivers robust performance. The Fastech stepped hull design contributes significantly to its speed and stability, enabling the boat to accelerate from a standstill to planing in five seconds and reach a top speed of 70 miles per hour. While the stepped hull induces a brief bow rise upon acceleration, it provides excellent grip during turns and maintains composure in crosswinds, leaning gently into the breeze like a well-engineered deep V hull. The optimal cruising speed was found to be 34.4 miles per hour at 3,000 rpm, offering a range close to 200 miles.

Conclusion

The Formula 292 successfully reintroduces twin-engine power to Formula's sub-30-foot range, combining advanced hull technology, strong performance, and thoughtful comfort features. Its blend of speed, handling, and onboard amenities makes it a compelling choice for enthusiasts seeking a high-performance sport boat with practical accommodations.

Rating: 4.3 out of 5

Overview from around the web 1990 Formula 292

Customers praise the 1990 Formula 292 for its classic design and reliable performance

Many highlight its spacious cockpit and comfortable seating, making it ideal for both family outings and entertaining guests. Owners appreciate the solid construction and smooth handling, noting that it remains a dependable cruiser even decades after its release. The boat's versatility and ease of maintenance are also frequently mentioned, making it a favored choice among enthusiasts who value both style and functionality in a mid-sized sport cruiser.

The Biggest Pros and Cons

The 1990 Formula 292 is a classic express cruiser known for its blend of performance and comfort. Here are some of the pros and cons to consider:

Pros

Performance: Powered by twin engines, the Formula 292 offers impressive speed and handling, making it ideal for cruising and watersports.

Build Quality: Formula boats are known for their solid construction and durability, and the 292 is no exception, featuring a robust fiberglass hull.

Comfortable Layout: The cabin provides ample space with sleeping accommodations, a galley, and a head, making it suitable for weekend getaways.

Classic Styling: The sleek design and sporty profile have a timeless appeal that continues to attract boating enthusiasts.

Good Handling: The boat’s design allows for smooth rides even in choppy waters.

Cons

Age-Related Maintenance: Being a 1990 model, some components may require updates or repairs, which can add to upkeep costs.

Fuel Efficiency: Twin engines provide power but can be less fuel-efficient compared to newer, more modern propulsion systems.

Limited Electronics: Older models may lack modern navigation and entertainment systems, potentially requiring upgrades.

Space Constraints: While comfortable for short trips, the cabin space may feel limited for extended cruising or larger groups.

Made For

The 1990 Formula 292 is designed for boating enthusiasts who seek a versatile and stylish sport cruiser that combines performance with comfort. Ideal for those who enjoy day cruising, water sports, and weekend getaways, this boat offers a spacious cockpit, comfortable seating, and reliable handling, making it perfect for families and friends looking to enjoy quality time on the water. Its blend of speed, agility, and onboard amenities caters to both casual boaters and more experienced captains who appreciate a well-crafted vessel.

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