2004 Formula 292 FASTech

$48,000

Used

Boat in Bronx, NY 10464 US

builtBuilt in 2004
Year the boat was built
model

292 FASTech

Boat model
engine

2 Engines (2x --)

Engine type and count
length

29.2 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
29.17ft
Length Overall
29.17ft
Beam
8.25ft
Max Bridge Clearance
4.92ft
Max Draft
2.75ft
Cabin Headroom
4.42ft
Deadrise At Transom
24deg
Dry Weight
7000lb
Heads
1
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
2.6gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Fuel Type
gasoline
Drive Type
stern
Engine 2
Fuel Type
gasoline
Drive Type
stern
Manufacturer Provided Description

No description

Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
1/27/26Initial price$48,000

Contact BoatMax

150 City Island Ave, City Island, NY, 10464

Boattest.com 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 2004 Formula 292 FASTech

Customers praise the 2004 Formula 292 FASTech for its impressive performance and sleek design

Many highlight its powerful engines that deliver smooth acceleration and excellent handling, making it ideal for both cruising and water sports. The spacious cockpit and comfortable seating receive positive remarks for providing a great environment for entertaining and relaxing. Additionally, owners appreciate the quality craftsmanship and attention to detail throughout the boat, noting its durability and stylish finish. Overall, users find the 292 FASTech to be a reliable and fun vessel that combines speed, comfort, and elegance.

The Biggest Pros and Cons

The 2004 Formula 292 FASTech offers a range of advantages and some considerations to keep in mind:

Pros

High Performance: Equipped with advanced FASTech hull design, it provides excellent speed and handling, making it ideal for both cruising and sport boating.

Spacious Layout: The boat features a well-designed cockpit and cabin area, offering comfortable seating and ample space for passengers.

Quality Construction: Built with durable materials and attention to detail, ensuring longevity and reliability on the water.

Modern Amenities: Includes updated electronics and conveniences that enhance the overall boating experience.

Fuel Efficiency: The FASTech design contributes to improved fuel economy compared to traditional hulls in its class.

Cons

Maintenance Costs: As a high-performance boat with advanced features, maintenance and upkeep can be more costly compared to simpler models.

Limited Cabin Headroom: While spacious, the cabin headroom may feel a bit confined for taller individuals.

Storage Space: Storage compartments are adequate but might be limited for extended trips or larger gear.

Price Point: The combination of performance and amenities places this model at a higher price range, which might be a consideration for budget-conscious buyers.

Made For

The 2004 Formula 292 FASTech is designed for boating enthusiasts who seek a powerful, high-performance sport boat that combines speed, agility, and comfort. It's ideal for those who enjoy thrilling rides on the water, whether for day cruising, watersports, or entertaining guests. With its sleek design and advanced FASTech hull technology, this boat appeals to individuals who value cutting-edge engineering and stylish aesthetics in a versatile package.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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.
Monthly payment
$303.95/mo
$
$
%
Principal Loan Amount$ 40,800
Total Payment$72,948.88

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2004 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.
Monthly payment
$303.95/mo
$
$
%
Principal Loan Amount$ 40,800
Total Payment$72,948.88

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Address

150 City Island Ave
City Island, NY 10464

Boat Location

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