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2007 Formula 292 FASTECH Sold Boat in Algonquin, IL US

$116,900

Used
We will let you know when another 2007 Formula 292 FASTECH is available in Algonquin, IL
builtBuilt in 2007
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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2007 Formula 292 FASTECH
Price$116,900$123,800$109,980$124,995
LocationAlgonquinLake In The HillsLake In The HillsLake In The Hills
Nominal Length29'45'38'42'
Engine Make-CobraMercuryMercury
Total Engine Power-1100 hp639 hp-
Days on Market3755429613
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Other Formula 292 FASTECH boats for sale in Illinois, United States

Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Dry Weight
7000lb
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
3gal
Hull Material
fiberglass
Stock #096127 -

Ready for some fun on the water?

We are looking for people all over the country who share our love for boats. If you have a passion for our product and like the idea of working from home, please visit SellBoatsAndRVs [dot] com to learn more.

Please submit any and ALL offers - your offer may be accepted! Submit your offer today!

Reason for selling is family is transitioning to the rv industry!.

At Pop Yachts, we will always provide you with a TRUE representation of every vessel we market. We encourage all buyers to schedule a survey for an independent analysis. Any offer to purchase is ALWAYS subject to satisfactory survey results.

You have questions? We have answers. Call us at (941) 538-7803 to discuss this boat.

Selling your boat has never been easier. At Pop Yachts, we literally sell thousands of units every year all over the country. Call (855) 218-2805 and we'll get started selling your boat today.

Take a look at ALL ***170 PICTURES*** of this vessel on our main website at POPYACHTS DOT COM. We appreciate that you took your time to look at our advertisement and we look forward to speaking with you!

Contact

Algonquin, IL

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 2007 Formula 292 FASTECH

Customers praise the 2007 Formula 292 FASTECH for its impressive performance and sleek design

Many highlight its powerful 520-horsepower engines that deliver exhilarating speed and smooth handling on the water. The spacious cockpit and comfortable seating receive positive remarks for providing an enjoyable experience for both family outings and entertaining guests. Users also appreciate the quality craftsmanship and attention to detail throughout the boat, noting its reliability and stylish finish. Overall, owners commend the 292 FASTECH for combining high performance with luxury and comfort.

The Biggest Pros and Cons

The 2007 Formula 292 FASTECH is a sleek and high-performance sport boat designed for speed and style. Here are some of the pros and cons to consider:

Pros

Impressive Speed and Performance: Equipped with advanced FASTECH hull technology, the 292 delivers excellent acceleration and top-end speed, making it ideal for thrill-seekers.

Modern Design: The boat features a contemporary and aggressive design that stands out on the water.

Spacious Layout: Despite its sporty profile, the 292 offers ample seating and comfortable accommodations for day cruising.

Quality Construction: Formula is known for solid build quality, and the 292 FASTECH maintains those standards with durable materials and attention to detail.

Versatile Use: Suitable for both high-speed runs and leisure cruising, providing flexibility for various boating activities.

Cons

Fuel Consumption: With its powerful engines and performance focus, the 292 FASTECH can be less fuel-efficient compared to more economy-oriented boats.

Limited Cabin Space: While comfortable for day trips, the cabin area is relatively compact, which may not suit those seeking extended overnight accommodations.

Maintenance Costs: High-performance boats like the 292 may require more frequent maintenance and potentially higher upkeep costs.

Ride Comfort in Rough Water: At high speeds, the ride can be firm, and in choppy conditions, it may feel less smooth than heavier displacement boats.

Made For

The 2007 Formula 292 FASTECH is designed for boating enthusiasts who seek a high-performance, sleek, and stylish vessel. It’s ideal for those who enjoy fast cruising, sporty handling, and luxurious comfort on the water. Whether you're looking for a thrilling day on the open water or a sophisticated boat for entertaining guests, the Formula 292 FASTECH combines speed, agility, and premium amenities to deliver an exceptional boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2007 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$ 99,365
Total Payment$177,660.93
Monthly payment
$740.25/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2007 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$ 99,365
Total Payment$177,660.93
Monthly payment
$740.25/mo

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