2004 Formula 292 FASTech Boat in Lakeside Marblehead, OH 43440 US

$49,999

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 Bridge Clearance
4.92ft
Max Draft
2.75ft
Cabin Headroom
4.42ft
Deadrise At Transom
24deg
Dry Weight
7000lb
Cruising Speed
39.1kn
Max Speed
56.48kn
Heads
1
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
2.6gal
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercruiser
Engine Model
350 Mag MPI
Total Power
300hp
Engine Hours
520
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2005
Drive Type
stern
Engine 2
Engine Make
Mercruiser
Engine Model
350 Mag MPI
Total Power
300hp
Engine Hours
520
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2005
Drive Type
stern
Chemical Head
Battery Charger
Depthsounder
Radio
Compass
Cd Player
Vhf
Bimini Top
Cockpit Cover
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
2/3/26Price increased$49,999(+11.1%)
1/29/26Initial price$44,999

Contact Marine Tech Concepts

7130 E Harbor Rd, Marblehead, OH, 43440

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.

Rating: 4.3 out of 5

Overview from around the web 2004 Formula 292 FASTech

The 2004 Formula 292 FASTech has garnered positive feedback from boat enthusiasts and owners alike

Customers frequently praise its impressive performance, noting the boat's powerful twin engine setup that delivers exhilarating speeds and responsive handling on the water. Users appreciate the sharp hull design, which ensures a smooth ride and excellent stability, even in choppy conditions. Many owners highlight the spacious cockpit layout, allowing for comfortable seating and socializing during outings. The well-appointed cabin also earns accolades for its thoughtful design, providing a cozy retreat with amenities that enhance the overall boating experience. Additionally, customers commend the stylish aesthetic of the Formula 292 FASTech, appreciating its sleek lines and eye-catching graphics that stand out on the water. Overall, the feedback reflects a high level of satisfaction with its craftsmanship, performance, and the excitement it brings to recreational boating activities.

The Biggest Pros and Cons

2004 Formula 292 FASTech Overview The 2004 Formula 292 FASTech is a high-performance powerboat renowned for its blend of speed, style, and comfort. With its sleek lines and aggressive stance, this vessel is designed for those who appreciate precision engineering and thrilling water adventures.

Pros

Performance: The FASTech hull design offers superior handling and stability at high speeds, making it ideal for both racing and leisurely cruising.

Powerful Engines: Equipped with potent twin-engine setups, the Formula 292 delivers impressive acceleration and top speeds, appealing to adrenaline-seekers.

Quality Craftsmanship: Formula boats are known for their high-quality construction, featuring durable materials and attention to detail that ensure longevity and reliability.

Stylish Design: With its striking aesthetics and contemporary lines, the Formula 292 FASTech turns heads on the water, making it a favorite among boat enthusiasts.

Comfort Amenities: Despite its performance focus, the boat also offers comfortable seating and a well-designed cockpit, allowing for enjoyable outings.

Resale Value: Formula boats tend to retain their value well, making them a worthwhile investment for owners.

Cons

Fuel Efficiency: Given its powerful engines and performance capabilities, the 292 FASTech may not be the most fuel-efficient option, which can lead to high operational costs.

Space Limitations: While designed for performance, the interior space may be more limited compared to larger family-oriented cruisers, which could be a drawback for those seeking more living space on board.

Maintenance Needs: High-performance vessels often require more maintenance and care to keep them in top condition, which can be time-consuming and costly.

Rough Water Performance: While the FASTech hull performs excellently in ideal conditions, it may not handle extremely rough waters as effectively as some other designs.

Steep Learning Curve: For novice boaters, the high-speed capabilities and handling can present a learning curve, necessitating prior experience with performance boats. The 2004 Formula 292 FASTech is perfect for seasoned boaters looking for a thrilling experience on the water without compromising on style and quality. While it has its downsides, its strengths make it a standout choice in the high-performance powerboat category.

Made For

The 2004 Formula 292 FASTech is designed for boating enthusiasts who seek a thrilling performance on the water without compromising comfort and style. This high-performance powerboat is ideal for those who enjoy fast-paced adventures, whether it's cruising at high speeds, engaging in water sports, or simply enjoying a day out on the lake or ocean. The spacious cockpit layout is perfect for entertaining friends and family, featuring ample seating and modern amenities. Its sleek, aerodynamic design not only turns heads but also ensures an exhilarating ride, making it perfect for thrill-seekers and those looking to make a statement on the water. Whether you are an experienced boater or a newcomer eager to explore the world of high-performance vessels, the 2004 Formula 292 FASTech caters to anyone passionate about speed, luxury, and the ultimate boating experience.

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$ 42,499
Total Payment$75,986.63
Monthly payment
$316.61/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$ 42,499
Total Payment$75,986.63
Monthly payment
$316.61/mo

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Meet the Broker

Address

7130 E Harbor Rd
Marblehead, OH 43440

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