2006 Formula 292 FASTech

$56,900

Used

Boat in Brick, NJ 08724 US

builtBuilt in 2006
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
Length Overall
29ft
Beam
8.25ft
Max Bridge Clearance
4.92ft
Max Draft
2.75ft
Dry Weight
7000lb
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
2.6gal
Hull Material
fiberglass
Engine 1
Engine Make
MerCruiser
Engine Model
6.2L MPI Bravo 1
Total Power
320hp
Engine Hours
440
Engine Type
inboard/outboard
Fuel Type
gasoline
Engine Year
2006
Engine 2
Engine Make
MerCruiser
Engine Model
6.2L MPI Bravo 1
Total Power
319.99hp
Engine Hours
440
Engine Type
inboard/outboard
Fuel Type
gasoline
Engine Year
2006
Summary
2006 Formula 292 FASTech
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$56,900

Contact Sandy Hook Yacht Sales

841 NJ-70, Brick, NJ, 08724

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.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Power Cruiser 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
$360.31/mo
$
$
%
Principal Loan Amount$ 48,365
Total Payment$86,474.82

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2006 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 Power Cruiser 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
$360.31/mo
$
$
%
Principal Loan Amount$ 48,365
Total Payment$86,474.82

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Meet the Broker

Address

841 NJ-70
Brick, NJ 08724
Other Information about Sandy Hook Yacht Sales

For more than 40 years, we have been a premier NJ boat dealer because we deliver accommodating customer service, reliability and quality at every turn. As a Regal, Sea Fox, Southport, Sabre, Back Cove, and Marex dealer we are pleased to offer top-of-the-line yachts. The experienced brokers and certified mechanics at SHYS handle all of the details so you are free to enjoy watersports, celebrations, fishing, and relaxation on the water.

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