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2007 Formula 292 FasTech Sold Boat in Wilmot, WI US

$98,999

Used
We will let you know when another 2007 Formula 292 FasTech is available in Wilmot, WI
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
Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Max Draft
118ft
Fresh Water Tanks
16gal
Fuel Tanks
113gal
Hull Material
fiberglass
Stock #163127 -

This vessel was SOLD on March 29.



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Contact

Wilmot, WI

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 has garnered positive feedback from boat enthusiasts and owners alike

Customers frequently praise its impressive performance on the water, highlighting the powerful twin-engine setup that delivers exhilarating speed and agility. The boat's sleek design not only turns heads but also provides an overall smooth ride, even in challenging conditions. Owners appreciate the spacious cabin and well-appointed interior, which includes comfortable seating, ample storage, and a convenient galley area. This makes it an excellent choice for day trips and overnight adventures. The quality craftsmanship of the Formula brand is also frequently mentioned, with many noting the durable construction and attention to detail that enhances both aesthetics and functionality. Safety features are often cited as a key benefit, providing peace of mind while cruising or entertaining guests. Overall, the 2007 Formula 292 FasTech is celebrated for its blend of performance, comfort, and style, making it a favorite among boating aficionados.

The Biggest Pros and Cons

Pros

Performance: The Formula 292 FasTech is known for its impressive speed and agility on the water, making it a thrilling choice for performance enthusiasts.

Design: Its sleek, aerodynamic design not only looks great but also contributes to its high performance and fuel efficiency.

Craftsmanship: Built by Formula, the 292 FasTech features high-quality materials and meticulous attention to detail, ensuring durability and longevity.

Comfort: Despite its performance-oriented nature, this model offers a comfortable cabin area with sufficient seating and amenities for day trips or weekend getaways.

Versatility: The design allows for both recreational cruising and performance driving, making it suitable for various boating activities.

Resale Value: Formula boats are known for maintaining their value over time, making the 292 FasTech a wise investment.

Cons

Cost of Ownership: While the initial purchase price is competitive for a performance boat, maintenance and operational costs can be higher due to its performance capabilities.

Space Constraints: The cabin, while comfortable, may not offer as much space as larger vessels, which could be a consideration for families or larger groups.

Steep Learning Curve: Newer boaters may find the high performance and handling characteristics of the 292 FasTech challenging to master.

Fuel Consumption: Performance often comes at the cost of fuel efficiency, especially at high speeds, making it less economical for long-distance travel.

Storage Needs: Being a performance boat, it may require more specialized storage solutions, which could be an added inconvenience for owners. The 2007 Formula 292 FasTech is a superb choice for those seeking a blend of performance and luxury, though potential buyers should consider the associated costs and requirements of ownership.

Made For

The 2007 Formula 292 FasTech is designed for high-performance boating enthusiasts who crave speed, style, and luxury on the water. Ideal for thrill-seekers and those who appreciate expert craftsmanship, this boat appeals to individuals who prioritize both performance and aesthetics. With its sleek lines and powerful twin-engine layout, the Formula 292 FasTech is perfect for experienced boaters looking to conquer lakes or coastal waters, whether for exhilarating weekend outings or competitive racing. Family-oriented boaters will also find this model appealing, as it offers comfortable seating and ample space for friends and family, making it an excellent choice for memorable day trips or social gatherings on the water. Its combination of performance, elegance, and versatility ensures that the 2007 Formula 292 FasTech is the perfect choice for anyone wanting to elevate their boating experiences.

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$ 84,149
Total Payment$150,455.29
Monthly payment
$626.90/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$ 84,149
Total Payment$150,455.29
Monthly payment
$626.90/mo

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