2004 Formula 292 FASTech

$67,900

Used

Boat in Miami, FL 33133 US

builtBuilt in 2004
Year the boat was built
model

292 FASTech

Boat model
engine

2 Engines (2x Mercruiser)

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
Engine Make
Mercruiser
Engine Model
6.2L MPI
Total Power
320hp
Engine Hours
10
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Propeller Material
stainless-steel
Engine 2
Engine Make
Mercruiser
Engine Model
6.2L MPI
Total Power
320hp
Engine Hours
10
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
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
3/23/26Price decreased$67,900(-9.3%)
1/27/26Initial price$74,900

Contact Boats International

771 W Atlantic Blvd, Pompano Beach, FL, 33060

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 combination of performance and comfort

Many highlight its powerful and responsive handling, attributing this to the advanced FASTech hull design that provides a smooth and stable ride even at high speeds. Owners appreciate the spacious and well-appointed cockpit, which is ideal for entertaining and relaxing on the water. The boat’s quality construction and attention to detail receive frequent compliments, with users noting the durable materials and stylish finishes. Overall, customers find the 2004 Formula 292 FASTech to be a reliable and enjoyable sport boat that delivers both excitement and luxury.

The Biggest Pros and Cons

The 2004 Formula 292 FASTech offers a blend of performance, style, and comfort that appeals to boating enthusiasts. Here are some pros and cons to consider:

Pros

High Performance: Equipped with powerful engines and FASTech hull design, the boat delivers impressive speed and smooth handling on the water.

Sporty Design: Sleek and modern styling gives the 292 FASTech an aggressive, sporty look that stands out.

Spacious Cockpit: The layout provides ample seating and storage, making it ideal for entertaining and day cruising.

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

Comfort Features: Includes amenities such as a well-appointed cabin, comfortable seating, and convenient access to controls.

Cons

Fuel Consumption: Due to its performance-oriented design and powerful engines, fuel efficiency may be lower compared to more economy-focused boats.

Maintenance Costs: High-performance components and specialized materials can lead to higher upkeep expenses.

Limited Cabin Space: While comfortable for day trips, the cabin may feel compact for extended overnight stays.

Price Point: The combination of performance and luxury features can come with a higher initial purchase price.

Made For

The 2004 Formula 292 FASTech is designed for boating enthusiasts who seek a high-performance, sporty, and stylish vessel. It's ideal for those who enjoy speed on the water, combined with comfort and modern features, making it perfect for day cruising, water sports, and entertaining friends and family. Whether you're an experienced boater or someone looking to upgrade to a sleek and powerful boat, the Formula 292 FASTech offers a dynamic and thrilling 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.
Monthly payment
$429.97/mo
$
$
%
Principal Loan Amount$ 57,715
Total Payment$103,192.28

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
$429.97/mo
$
$
%
Principal Loan Amount$ 57,715
Total Payment$103,192.28

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Address

771 W Atlantic Blvd
Pompano Beach, FL 33060

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