2006 Formula 292 FASTech Boat in Brick, NJ 08724 US

$56,900

Used
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.

Overview from around the web 2006 Formula 292 FASTech

The 2006 Formula 292 FASTech has garnered attention from boating enthusiasts for its impressive blend of performance, style, and comfort

Owners frequently praise the boat's sleek design and attention to detail, highlighting the striking aesthetics that make it stand out on the water. The powerful twin-engine setup delivers exhilarating speed and acceleration, making it an exciting choice for those who crave adventure. Many customers appreciate the spacious cockpit area, which is perfect for entertaining family and friends or simply enjoying a day on the water. The comfortable seating and well-thought-out layout contribute to an enjoyable experience for everyone on board. Additionally, owners often note the quality of craftsmanship and materials used in the boat's construction, reinforcing its reputation for durability. The 292 FASTech is also recognized for its handling and stability, allowing for smooth navigation even at high speeds. Boaters often feel confident in its performance during various water conditions. The cabin's amenities, including sleeping accommodations and a well-equipped galley, receive positive remarks as well, as they add an element of convenience for overnight trips. Overall, customers express satisfaction with the Formula 292 FASTech as a high-performing, stylish vessel that delivers a thrilling boating experience while maintaining a level of comfort and functionality that enhances every outing.

The Biggest Pros and Cons

2006 Formula 292 FASTech: Pros and Cons

Pros

Performance: The Formula 292 FASTech is known for its exceptional performance thanks to its powerful engines and sleek hull design. It offers impressive speed and acceleration, making it perfect for thrill-seekers.

Design: With its distinctive and aerodynamic profile, the FASTech is visually striking. The sleek lines and modern aesthetics are complemented by high-quality finishes and attention to detail.

Comfort: Despite being a performance boat, the Formula 292 provides a comfortable ride. The spacious cockpit and well-designed interior offer ample seating for passengers, making it a great choice for day trips and weekend outings.

Build Quality: Formula boats are renowned for their solid construction and durability. The 292 FASTech is built with high-quality materials, ensuring longevity and resilience against the elements.

Versatility: This model caters to various boating needs, from casual cruising to competitive racing. Its adaptability makes it suitable for a wide range of water activities.

Handling: The FASTech hull design provides excellent stability and handling, even at high speeds. This enhances the overall driving experience, giving the pilot confidence in various conditions.

Cons

Fuel Consumption: High-performance boats like the 292 FASTech often come with high fuel consumption, which can be a downside for those looking for more economical options.

Maintenance Costs: The advanced engineering and performance features mean that upkeep and maintenance can be more costly compared to standard recreational boats.

Space Limitations: While the 292 offers decent seating and amenities, those looking for more extensive living space might find it lacking for extended trips.

Steep Learning Curve: The powerful engines and performance capabilities may not be suitable for novice boaters without prior experience.

Price Point: The initial investment for a Formula 292 FASTech can be higher than some competitors in the performance boat segment, making it less accessible for casual boaters.

Made For

The 2006 Formula 292 FASTech is designed for boating enthusiasts who crave performance and luxury on the water. This high-performance vessel appeals to adrenaline junkies and families alike, offering an exhilarating ride combined with impressive comfort. With its sleek profile and sporty lines, the 292 FASTech is perfect for those who want to turn heads at the marina while enjoying thrilling speeds and precise handling. It's ideal for weekend warriors looking to tackle both leisurely day trips and high-energy excursions, thanks to its spacious interior and powerful engine options. Whether you're an experienced boater seeking a performance-focused ride or a family looking for a reliable vessel for fun on the water, the 2006 Formula 292 FASTech meets a variety of needs. Its balance of speed, versatility, and styling makes it an excellent choice for anyone looking to enjoy a premium boating experience.

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.
$
$
510152025
%
Principal Loan Amount$ 48,365
Total Payment$86,474.82
Monthly payment
$360.31/mo

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.
$
$
510152025
%
Principal Loan Amount$ 48,365
Total Payment$86,474.82
Monthly payment
$360.31/mo

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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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