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2007 Formula 292 Fastech Sold Boat in Key Largo, FL US

$89,900

Used
We will let you know when another 2007 Formula 292 Fastech is available in Key Largo, FL
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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The Image of Formula 292 Fastech 2007 - 02007 Formula 292 Fastech
Price$89,900$89,900$89,900$89,000$88,985$82,900
LocationKey LargoSaint PetersburgTavaresFort Myers BeachSarasotaTavares
Nominal Length29'35'29'22'42'28'
Draft118'-----
Engine Make-Mercury RacingRolaMercury RacingMercury RacingSuzuki
Total Engine Power-550 hp-300 hp575 hp200 hp
Days on Market47143626639156338
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Other Formula 292 Fastech boats for sale in Florida, United States

Nominal Length
29ft
Length Overall
29ft
Max Draft
118ft
Fresh Water Tanks
20gal
Fuel Tanks
110gal
Hull Material
fiberglass
Stock #036650 -

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Key Largo, FL

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

The 2007 Formula 292 Fastech is often praised by customers for its impressive performance and sleek design

Many owners mention the boat's powerful engines, which provide exhilarating speed and acceleration, making it ideal for thrill-seekers and boating enthusiasts alike. The smooth ride and responsive handling are frequently highlighted, ensuring a comfortable experience even at high speeds. Customers also appreciate the attention to detail in the boat’s construction and finishes. The luxurious cabin and well-designed cockpit provide both comfort and style, making it perfect for entertaining guests or enjoying a day on the water. The ample storage space and convenient amenities receive positive feedback as well, enhancing the overall boating experience. Overall, the 2007 Formula 292 Fastech is well-regarded for its blend of performance, luxury, and durability, making it a favored choice among powerboat aficionados.

The Biggest Pros and Cons

Pros and Cons of the 2007 Formula 292 Fastech

Pros

Performance: The Formula 292 Fastech is renowned for its impressive speed and agility, making it an excellent choice for thrill-seekers. Its powerful engines deliver exhilarating performance on the water.

Build Quality: Formula boats are known for their exceptional craftsmanship. The 292 Fastech features a sturdy construction with high-quality materials, ensuring durability and longevity.

Design: Aesthetically pleasing, the sleek lines and sporty design of the 292 Fastech capture attention on the water. The variety of color options allows for customization to match personal style.

Comfort: The cabin offers a comfortable space for relaxation, with seating and amenities designed for convenience during extended outings. The layout is well thought out for both function and comfort.

Handling: The boat's hull design provides excellent stability and smooth handling, even in choppy waters, making it suitable for both experienced and novice boaters.

Resale Value: Formula boats tend to maintain their value well over time, making the 292 Fastech a smart investment for boating enthusiasts.

Cons

Size and Weight: While the size contributes to its stability, it may also limit access to smaller docking areas or shallow waters.

Fuel Consumption: The high-performance engines can lead to increased fuel consumption, especially during aggressive driving or long-distance trips.

Maintenance Costs: As with any high-performance vessel, maintenance can be costly. This boat may require more frequent servicing to ensure optimal performance.

Weather Exposure: Although the cabin provides some protection, extended exposure to harsh weather conditions can affect the boat's aesthetics and performance over time.

Limited Storage: While designed for speed, the storage options may be limited compared to larger cruisers, potentially requiring careful packing for extended trips.

Made For

The 2007 Formula 292 Fastech is designed for those who crave high-performance boating coupled with a luxurious experience. Ideal for thrill-seekers, this stylish powerboat is perfect for adrenaline enthusiasts who enjoy speed and agility on the water. With a sleek, aerodynamic design and powerful twin engines, the 292 Fastech delivers exhilarating acceleration and a smooth ride, making it perfect for weekend adventures or exciting day trips. Family and friends will appreciate the spacious layout, comfortable seating, and ample storage, making it a great choice for social outings on the water. Whether you're looking to hit the waves for thrilling water sports or simply enjoy a relaxing day cruising, the 2007 Formula 292 Fastech offers the perfect blend of performance, style, and functionality that caters to both serious boaters and casual enthusiasts alike.

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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/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$ 76,415
Total Payment$136,627.18
Monthly payment
$569.28/mo

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