2002 Formula 292 FASTECH Sold Boat in Merrick, NY US
Built in 2002
292 FASTECH
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29 feet
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Fiberglass/Reinforced
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 2002 Formula 292 FASTECH | |||||
|---|---|---|---|---|---|
| Price | $40,000 | $39,850 | $42,000 | $42,500 | $44,500 |
| Location | Merrick | Copiague | Brasher Falls | Mattituck | Lake George |
| Nominal Length | 29' | 33' | 27' | 22' | 27' |
| Engine Make | - | Mercruiser | Mercury MerCruiser | Mercruiser | Mercruiser |
| Total Engine Power | - | 600 hp | 425 hp | 310 hp | - |
| Days on Market | 5166 | 390 | 216 | 6 | 1070 |
| Get in touch |
Other Formula boats for sale in New York, United States
This vessel was SOLD on June 22.
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.
At POP Yachts, we will always provide you with a TRUE representation of every vessel we market. We encourage all buyers to schedule a survey for an independent analysis. Any offer to purchase is ALWAYS subject to satisfactory survey results.
Take a look at ALL ***ORIGINAL 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!
This vessel was SOLD on June 22.
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.
At POP Yachts, we will always provide you with a TRUE representation of every vessel we market. We encourage all buyers to schedule a survey for an independent analysis. Any offer to purchase is ALWAYS subject to satisfactory survey results.
Take a look at ALL ***ORIGINAL 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!
2002 Formula 292 FASTECH Video Tours
Formula 292 FASTECH: BoatTEST Review
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.
Overview from around the web 2002 Formula 292 FASTECH
The 2002 Formula 292 FASTECH has garnered positive feedback from customers for its impressive performance, sleek design, and great handling on the water
Owners praise its powerful twin-engine setup, which delivers exhilarating speed and acceleration, making it a favorite for those who enjoy thrilling rides. Many users highlight the spacious and comfortable interior that allows for enjoyable outings with family and friends. The boat’s stylish cockpit and well-designed seating arrangements are often mentioned, providing a great blend of functionality and luxury. Customers also appreciate the high-quality craftsmanship that Formula is known for, with attention to detail evident throughout the vessel. The stability and smooth ride, even in choppy waters, receive frequent accolades, making it a reliable choice for boating enthusiasts. Overall, the 2002 Formula 292 FASTECH is often described as a well-rounded performance boat that offers a perfect balance of speed, comfort, and durability, ensuring memorable experiences on the water.
The Biggest Pros and Cons
Pros
Performance-Oriented Design: The Formula 292 FASTECH is built for speed with its powerful twin-engine setup, offering exhilarating performance on the water. Its sleek lines and aerodynamic design enhance not only its aesthetics but also its handling capabilities.
High-Quality Construction: Formula is known for its commitment to quality, and the 292 FASTECH showcases this with a robust fiberglass construction that provides durability and longevity. The attention to detail in craftsmanship ensures it can withstand the rigors of boating.
Comfortable Interior: This model features a well-appointed cabin with seating for several passengers, making it ideal for entertaining or relaxing on longer trips. The thoughtful layout enhances comfort, with amenities that cater to both driver and guests.
Versatile Usage: Whether for racing, cruising, or water sports, the Formula 292 FASTECH is versatile enough to suit various boating styles, making it a great choice for enthusiasts looking to do it all.
Innovative Features: Equipped with advanced components like high-performance gauges, powerful sound systems, and user-friendly controls, this boat combines modern technology with a classic boating experience.
Cons
Fuel Consumption: Due to its powerful twin-engine performance, the Formula 292 FASTECH can have higher fuel consumption, which may not appeal to those looking for a more economical boating option.
Limited Storage Space: While designed for performance and comfort, the overall storage capacity may be less than what some boaters desire, especially for longer trips or family outings.
Draft Depth: The fast-tracking hull can require a deeper draft, which might limit access to shallower waters or certain dock areas, making it less suitable for some environments.
Cost of Maintenance: The high-performance engines and specialized features may incur higher maintenance and repair costs compared to more standard boats, an important consideration for potential buyers.
Seating Capacity: While it has ample space for passengers, the seating may feel snug if accommodating the maximum number of people, which can be a constraint for larger groups.
Made For
The 2002 Formula 292 FASTECH is designed for boating enthusiasts who crave performance, luxury, and style on the water. This high-performance powerboat is ideal for those who appreciate the thrill of speed combined with the comfort of a well-crafted vessel. Perfect for weekend getaways or thrilling day trips, the Formula 292 FASTECH caters to both seasoned mariners and newcomers alike, offering an exhilarating experience for all skill levels. Families and friends will enjoy the spacious seating and exceptional stability, making it well-suited for social gatherings or leisurely cruises. Equipped with cutting-edge technology and performance features, this model is for anyone who values quality construction and iconic design. Whether you’re racing across the waves or enjoying a sunset cruise, the 2002 Formula 292 FASTECH promises an unforgettable experience on the water.
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Merrick, NY
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