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2003 Formula 292 FASTech Sold Boat in Unknown, FL US

$46,900

Used
We will let you know when another 2003 Formula 292 FASTech is available in Unknown, FL
builtBuilt in 2003
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

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Price$46,900$44,999$44,995$44,900$49,900$49,900
LocationUnknownSebastianOrlandoPompano BeachMiamiFort Myers
Nominal Length29'32'22'34'22'23'
Engine Make-Mercruiser-mercrusierMercruiserMercruiser
Total Engine Power-330 hp-525 hp375 hp350 hp
Days on Market39711895513036
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Other Formula 292 FASTech boats for sale in Florida, United States

Nominal Length
29ft
Length Overall
29ft
Hull Material
fiberglass

This beautiful Formula 292 Fastech is in excellent condition. Formerly a fresh water boat until a year and a half ago and indoor stored since.

T-Mercruiser MX 6.2 MPI's w/240 hours, Quick & Quiet Exhaust Bravo One Drives, Bravo-4 Blade Propellers, Latham Hydraulic Steering,Gaffrig Gauges, Gaffrig Throttles, Ritchie Compass, Depth Sounder, Kenwood Stereo, McCloud Electric Bolster Seats, Cockpit Carpet, Cockpit Cover, Swim Ladder, Fresh Water System,Please call for more details and to set up a showing. 

Contact

Unknown, FL

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 2003 Formula 292 FASTech

Customers praise the 2003 Formula 292 FASTech for its impressive combination of speed, performance, and sleek design

Many highlight its powerful engine and smooth handling, making it a favorite for both cruising and watersports. Owners appreciate the spacious and well-appointed cockpit, which offers comfort and functionality for family outings and entertaining guests. The boat's build quality and attention to detail also receive positive remarks, with users noting its reliability and stylish appearance. Overall, the 2003 Formula 292 FASTech is celebrated for delivering an exciting and enjoyable boating experience.

The Biggest Pros and Cons

The 2003 Formula 292 FASTech is a high-performance sportboat known for its speed, handling, and sleek design. Here are some pros and cons to consider:

Pros

Powerful Performance: Equipped with a strong engine setup, the 292 FASTech delivers impressive acceleration and top-end speed, making it ideal for thrill-seekers.

Advanced Hull Design: The FASTech hull provides excellent stability and smooth handling, even in choppy waters, enhancing safety and comfort.

Spacious Cockpit: Despite being a sportboat, it offers ample seating and storage, making it suitable for day cruising with friends and family.

Quality Construction: Built with high-quality materials and craftsmanship, ensuring durability and longevity.

Stylish Appearance: The sleek, aggressive styling stands out on the water and appeals to those seeking a modern look.

Cons

Fuel Consumption: Due to its high-performance engine, fuel efficiency can be lower compared to more economy-focused boats.

Maintenance Costs: Performance boats like the 292 FASTech may require more frequent and specialized maintenance, which can increase ownership costs.

Limited Overnight Accommodation: The boat is primarily designed for day use, with minimal or no sleeping quarters for extended trips.

Price Point: As a premium sportboat, the initial purchase price and insurance costs may be higher than average for similar-sized boats.

Made For

The 2003 Formula 292 FASTech is designed for boating enthusiasts who seek a high-performance sport cruiser that combines speed, style, and comfort. Ideal for those who enjoy thrilling rides on the water without sacrificing luxury, this boat is perfect for day cruising, watersports, and entertaining family and friends. Its sleek design and advanced FASTech hull technology make it well-suited for individuals or families looking for a versatile and powerful boat to enhance their boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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$ 39,865
Total Payment$71,277.14
Monthly payment
$296.99/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2003 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$ 39,865
Total Payment$71,277.14
Monthly payment
$296.99/mo

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