2004 Formula 292 FASTech Boat in Harrison Township, MI 48045 US

$46,900

Used
builtBuilt in 2004
Year the boat was built
model

292 FASTech

Boat model
engine

2 Engines (2x Mercruiser)

Engine type and count
length

29 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material
Nominal Length
29ft
Length Overall
29.17ft
Beam
8.25ft
Max Draft
2.75ft
Deadrise At Transom
24deg
Dry Weight
7000lb
Fuel Tanks
107gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercruiser
Engine Model
350 Mag MPI
Total Power
300hp
Engine Hours
580
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercruiser
Engine Model
350 Mag MPI
Total Power
300hp
Engine Hours
580
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2004
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
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
5/19/26Initial price$46,900

Contact Keenan Marina - Spring Lake

526 Pine Street, Spring Lake, MI, 49456

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

The 2004 Formula 292 FASTech has garnered a positive reputation among boating enthusiasts, who praise its blend of performance, comfort, and design

Customers highlight the impressive speed and agile handling, making it a thrill to drive on both calm waters and choppier seas. Many appreciate the boat's sleek profile and stylish aesthetics, showcasing a modern design that turns heads at the marina. Users commend the well-crafted interior, with comfortable seating and ample space for friends and family. The amenities and thoughtful layout make it perfect for both leisurely cruises and exciting adventures. Owners often mention the powerful engine performance, which pairs with the quality construction Formula is known for, assuring durability and reliability for years to come. Overall, testimonials emphasize the Formula 292 FASTech as an extraordinary combination of sportiness and luxury, capable of creating unforgettable memories on the water.

The Biggest Pros and Cons

The 2004 Formula 292 FASTech is a high-performance powerboat that combines speed, style, and comfort. Below are some pros and cons to consider when looking at this model:

Pros

Performance: The 292 FASTech is designed for speed enthusiasts. Its sleek hull and powerful engine options allow for impressive acceleration and top speeds, making it a thrilling choice for those who love performance on the water.

Quality Construction: Formula boats are known for their high-quality craftsmanship and materials. The 292 FASTech features a solid build that enhances both durability and performance.

Comfort and Amenities: This model offers a spacious cockpit and comfortable seating, suitable for day cruising or hosting friends. The cabin features sleeping accommodations, a galley, and a head, making it ideal for weekend getaways.

Stylish Design: The FASTech design is visually striking, with a sleek, modern aesthetic that stands out on the water. The attention to detail in the styling, from the exterior graphics to the interior finishes, is impressive.

Stable Ride: The deep-V hull design provides excellent stability and a smooth ride, even in choppy conditions, which enhances overall safety and comfort.

Cons

Fuel Consumption: With its focus on performance, the 292 FASTech can be relatively fuel-hungry, especially when pushed to its limits. This can lead to higher running costs for those who frequently use the boat.

Storage Space: While the boat offers comfort, storage options can be limited for longer trips. The design prioritizes speed and performance, which can compromise space for gear and supplies.

Maintenance: As with any high-performance vessel, upkeep can be more intensive. Regular maintenance is crucial to keep the engines and systems in optimal condition, which can require a commitment of time and resources.

Not Beginner-Friendly: The performance capabilities of the 292 FASTech may not be ideal for novice boaters. Handling a high-speed powerboat requires experience and confidence on the water.

Trailer Compatibility: Due to its size and weight, finding a suitable trailer for the Formula 292 FASTech may be a consideration for owners planning to transport the boat frequently.

Made For

The 2004 Formula 292 FASTech is designed for boating enthusiasts seeking a thrilling combination of performance, style, and comfort. This powerboat caters to those who appreciate high-speed adventures on the water, making it ideal for weekend warriors and avid racers alike. With its sleek lines and aggressive stance, the 292 FASTech captures attention while delivering a smooth, exhilarating ride. This boat is perfect for individuals or families looking to enjoy day trips, water sports, or simply cruising with friends. Equipped with powerful engines and advanced hull design, the Formula 292 FASTech promises stability and responsiveness, ensuring a fun experience for both skilled and novice drivers. Whether navigating calm lakes or tackling open waters, the Formula 292 FASTech is built for those who value performance without compromising comfort, making it an excellent choice for both leisure and adventure on the water.

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.
$
$
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 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.
$
$
510152025
%
Principal Loan Amount$ 39,865
Total Payment$71,277.14
Monthly payment
$296.99/mo

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Address

526 Pine Street
Spring Lake, MI 49456

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