2008 Formula 292 FASTech

$66,000

Used

Boat in Buffalo, NY 14228 US

builtBuilt in 2008
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
Nominal Length
29ft
Length Overall
29.17ft
Beam
8.25ft
Max Bridge Clearance
4.92ft
Max Draft
2.75ft
Cabin Headroom
4.42ft
Deadrise At Transom
24deg
Dry Weight
7000lb
Max Speed
60.83kn
Cabins
1
Heads
1
Max Passengers
5
Seating Capacity
5
Fresh Water Tanks
19gal
Fuel Tanks
113gal
Holding Tanks
2.6gal
Electrical Circuit
12v
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
MerCruiser
Engine Model
377 MAG 6.2L MPI Bravo One
Total Power
320hp
Engine Hours
325
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2006
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Engine 2
Engine Make
MerCruiser
Engine Model
377 MAG 6.2L MPI Bravo One
Total Power
320hp
Engine Hours
325
Engine Type
inboard-outboard
Fuel Type
gasoline
Engine Year
2006
Drive Type
stern
Propeller Type
4-blade
Propeller Material
stainless-steel
Cockpit Shower
Swimming Ladder
Cockpit Speakers
Vhf
Cockpit Cover
Exclusions
  • Owner's personal items.
  • Any items and/or equipment not specifically described on this listing.
Mechanical Disclaimer

Engines hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing.

Disclaimer

The Company "Apex Marine Sales LLC" 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
1/20/26Initial price$66,000

Contact Apex Marine Sales, LLC

1995 NW 11th Street, Miami, FL, 33125

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 2008 Formula 292 FASTech

Customers praise the 2008 Formula 292 FASTech for its impressive combination of speed, handling, and comfort

Many highlight the boat’s sleek design and advanced FASTech hull, which delivers exceptional stability and a smooth ride even in choppy waters. Owners appreciate the spacious cockpit and well-appointed interior, making it ideal for both day cruising and longer trips. The powerful engine options provide thrilling performance, while the quality craftsmanship and attention to detail ensure durability and style. Overall, users commend the 292 FASTech for offering a perfect blend of performance and luxury on the water.

The Biggest Pros and Cons

The 2008 Formula 292 FASTech is a high-performance sportboat known for its sleek design and impressive speed capabilities. Here are some of the pros and cons of this model:

Pros

Performance: Equipped with advanced FASTech hull technology, the 292 FASTech delivers exceptional speed, handling, and fuel efficiency.

Design: The boat features a modern, aggressive styling with a spacious cockpit layout ideal for entertaining and comfort.

Build Quality: Formula is known for its solid construction and attention to detail, ensuring durability and reliability on the water.

Power Options: Offers powerful engine configurations that provide thrilling acceleration and top-end speed.

Amenities: Well-appointed interior and cockpit amenities make it suitable for day cruising and social outings.

Cons

Fuel Consumption: High-performance engines can lead to increased fuel usage, which may be a consideration for longer trips.

Maintenance Costs: As with many high-performance boats, maintenance and upkeep can be more costly compared to standard recreational boats.

Space: While the cockpit is spacious for its class, overnight accommodations and storage might be limited for extended cruising.

Ride Comfort: At high speeds, the ride can be firm, which may not suit all passengers looking for a smoother experience.

Made For

The 2008 Formula 292 FASTech is designed for boating enthusiasts who seek a high-performance, stylish, and comfortable sport boat. It is ideal for those who enjoy speed and agility on the water while also appreciating luxury and quality craftsmanship. Whether you're into day cruising, watersports, or entertaining guests, this boat offers a versatile and exhilarating experience for individuals or families looking to make the most of their time on the water.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2008 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.
Monthly payment
$417.94/mo
$
$
%
Principal Loan Amount$ 56,100
Total Payment$100,304.72

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 2008 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.
Monthly payment
$417.94/mo
$
$
%
Principal Loan Amount$ 56,100
Total Payment$100,304.72

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Address

1995 NW 11th Street
Miami, FL 33125

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