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2002 Formula 292 Fastech Sold Boat in Davidsonville, MD US

$51,900

Used
We will let you know when another 2002 Formula 292 Fastech is available in Davidsonville, MD
builtBuilt in 2002
Year the boat was built
model

292 Fastech

Boat model
engine

--

Engine type and count
length

29 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Dry Weight
7000lb
Fresh Water Tanks
19gal
Fuel Tanks
110gal
Hull Material
fiberglass
Stock #135479 -

This vessel was SOLD on April 24.



We are looking for people all over the country who share our love for boats. If you have a passion for our product and like the idea of working from home, please visit SellBoatsAndRVs [dot] com to learn more.

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You have questions? We have answers. Call us at (941) 538-7803 to discuss this boat.

Selling your boat has never been easier. At POP Yachts, we literally sell thousands of units every year all over the country. Call (855) 218-2805 and we'll get started selling your boat today.

Take a look at ALL ***95 PICTURES*** of this vessel on our main website at POPYACHTS DOT COM. We appreciate that you took your time to look at our advertisement and we look forward to speaking with you!

Contact

Davidsonville, MD

Formula 292 Fastech: 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 2002 Formula 292 Fastech

Customers praise the 2002 Formula 292 Fastech for its impressive blend of performance and comfort

Many highlight its sleek design and powerful engines, which deliver an exhilarating and smooth ride. Owners appreciate the spacious cockpit layout, making it ideal for entertaining and family outings. The quality craftsmanship and attention to detail in the interior finish receive frequent compliments, as does the boat’s versatility for both day cruising and longer trips. Overall, users find the Formula 292 Fastech to be a reliable, stylish, and fun boat that stands out in its class.

The Biggest Pros and Cons

The 2002 Formula 292 Fastech is a sporty and stylish express cruiser known for its performance and sleek design. Here are some of the key pros and cons of this model:

Pros

Performance: Equipped with powerful engines, the 292 Fastech delivers excellent speed and handling, making it ideal for thrill-seekers and those who enjoy fast cruising.

Design: The boat features a modern and aerodynamic design, with a sleek profile that stands out on the water.

Comfort: The cabin is well-appointed for a 29-foot boat, offering comfortable sleeping accommodations, a functional galley, and a spacious head.

Handling: The hull design provides a smooth and stable ride even in choppy conditions, enhancing overall comfort and safety.

Build Quality: Formula is known for solid construction and attention to detail, which is evident in the 292 Fastech’s fit and finish.

Cons

Space: While comfortable for its size, the interior space can feel somewhat tight for extended stays or larger groups.

Maintenance: As with many performance boats, upkeep can be more demanding and costly, especially if the boat is used frequently at high speeds.

Fuel Consumption: The powerful engines contribute to higher fuel consumption compared to more economy-focused cruisers.

Age: Being a 2002 model, some components may require updating or modernization depending on maintenance history.

Made For

The 2002 Formula 292 Fastech is designed for boating enthusiasts who seek high performance combined with stylish design. Ideal for those who enjoy sporty, fast-paced water activities, this model suits individuals or families looking for a versatile boat that delivers speed, comfort, and handling excellence on the water. Whether you're into day cruising, watersports, or weekend adventures, the Formula 292 Fastech offers a dynamic boating experience for those who appreciate quality and performance.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 292 Fastech. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 44,115
Total Payment$78,875.98
Monthly payment
$328.65/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2002 Formula 292 Fastech. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a High Performance cost in today's market, or how much does a Formula cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
$
$
510152025
%
Principal Loan Amount$ 44,115
Total Payment$78,875.98
Monthly payment
$328.65/mo

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