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2006 Formula 292 FASTech Sold Boat in Kent Island, MD US

$59,900

Used
We will let you know when another 2006 Formula 292 FASTech is available in Kent Island, MD
builtBuilt in 2006
Year the boat was built
model

292 FASTech

Boat model
engine

--

Engine type and count
length

29 feet

Overall boat length
fuel

--

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 292 FASTech 2006 - 02006 Formula 292 FASTech
Price$59,900$64,900$54,900$66,700
LocationKent IslandEdgewaterGrasonvilleGlen Burnie
Nominal Length29'-27'42'
Draft2'---
Engine Make-MERCURY-Mercruiser
Total Engine Power-250 hp--
Days on Market57821212015
Get in touch
Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Max Draft
2ft
Hull Material
fiberglass

Seldom will you see a boat this well maintained at a price that is far under what you can buy a new one for. Stunning condition, low hours, and equipped right this 292 Fastech is as turn key as they get. At our Kent Island location and available 7 days a week to view. Ready to go fast and ready for offers. Click Full Specs To See The Pics And Details

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Kent Island, MD

Formula 292 FASTech: BoatTEST Review

Reviewed by Jeff Hammond

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 2006 Formula 292 FASTech

Customers praise the 2006 Formula 292 FASTech for its impressive combination of speed, performance, and style

Many highlight its sleek design and advanced hull technology, which provides a smooth and stable ride even at high speeds. Owners appreciate the spacious and well-appointed cockpit, making it ideal for both entertaining and relaxing on the water. The boat's powerful engine delivers excellent acceleration and handling, making it a favorite among boating enthusiasts looking for both excitement and comfort. Overall, reviews emphasize the 292 FASTech as a well-crafted, reliable, and fun boat that stands out in its class.

The Biggest Pros and Cons

The 2006 Formula 292 FASTech offers a blend of performance and style, making it a popular choice among enthusiasts. Here are some pros and cons to consider:

Pros

Performance: Equipped with advanced FASTech hull technology, it delivers a smooth and stable ride even at high speeds.

Powerful Engines: Typically fitted with twin sterndrives that provide impressive acceleration and top-end speed.

Spacious Layout: The 292 FASTech features a well-designed cockpit and cabin area, offering comfortable seating and amenities for day cruising.

Build Quality: Known for solid construction and attention to detail, ensuring durability and longevity.

Handling: Responsive steering and excellent maneuverability make it enjoyable to pilot.

Cons

Fuel Consumption: With its powerful engines, the boat can be less fuel-efficient compared to smaller or less performance-oriented models.

Maintenance Costs: High-performance components and systems may require more frequent and potentially costly upkeep.

Cabin Size: While adequate for day trips, the cabin space might feel limited for extended overnight stays.

Weight: The robust build and equipment can make the boat heavier, which may impact trailering ease.

Made For

The 2006 Formula 292 FASTech is designed for boating enthusiasts who seek a high-performance, sleek, and stylish sport boat. Ideal for those who enjoy thrilling speed on the water combined with comfort and advanced engineering, this model appeals to individuals and families looking for a versatile boat suitable for both exhilarating rides and leisurely outings. Its cutting-edge FASTech hull design provides enhanced stability and smooth handling, making it perfect for adventurous boaters who value both performance and quality craftsmanship.

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 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$ 50,915
Total Payment$91,034.13
Monthly payment
$379.31/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 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$ 50,915
Total Payment$91,034.13
Monthly payment
$379.31/mo

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