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1988 Formula 292 Fastech SR-1 Sold Boat in Cape Coral, FL US

$30,800

Used
We will let you know when another 1988 Formula 292 Fastech SR-1 is available in Cape Coral, FL
builtBuilt in 1988
Year the boat was built
model

292 Fastech SR-1

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 SR-1 1988 - 01988 Formula 292 Fastech SR-1
Price$30,800$31,400$30,000$30,000$32,495$32,900
LocationCape CoralEnglewoodSpring HillFort MyersHudsonNokomis
Nominal Length29'27'33'20'26'31'
Draft111'-----
Engine Make-MercruiserMercruiserGMMercruiserMercruiser
Total Engine Power-375 hp-625 hp400 hp320 hp
Days on Market3944937567368
Get in touch
Nominal Length
29ft
Length Overall
29ft
Beam
8ft
Max Draft
111ft
Dry Weight
7000lb
Fresh Water Tanks
50gal
Fuel Tanks
200gal
Holding Tanks
25gal
Hull Material
fiberglass
Stock #095291 -

30 hours on twin 454 rebuilds. New upholstery, new gauges, stereo unreal, new cover, paint is fairly new, and cabin is very clean.

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 health.

60-day Sea Tow Membership comes standard with any boat purchase from POP Yachts! Sea Tow Membership includes FREE boat towing, fuel drops, jump starts, prop disentanglements, covered un-groundings, and more. 60-day membership is only valid for boats in good working order at the time of purchase and only for the boat purchased. Already a member? We'll extend your membership by 60 days. Other restrictions apply - ask a POP Yachts associate for details.

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.

Take a look at ALL ***133 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

Cape Coral, FL

Overview from around the web 1988 Formula 292 Fastech SR-1

The 1988 Formula 292 Fastech SR-1 has garnered a dedicated following among boating enthusiasts, with many customers praising its impressive performance and sleek design

Here are some common sentiments expressed by owners and fans: 1. Speed and Efficiency: Many users highlight the boat's powerful twin-engine setup, noting its incredible acceleration and top speeds. The innovative hull design allows for smooth handling, even in choppy waters. 2. Stability: Owners often mention the boat’s stability at high speeds, making it suitable for thrilling rides while providing a comfortable experience for passengers. 3. Quality Craftsmanship: Customers appreciate the high-quality materials and attention to detail that Formula is known for. The finish and design elements contribute to an overall premium feel. 4. Comfort Features: The spacious cockpit and comfortable seating arrangements are frequent points of praise. Many enjoy the well-thought-out layout for both relaxation and entertaining guests. 5. Aesthetic Appeal: The Formula 292 Fastech SR-1 is often described as a head-turner on the water, with its iconic styling and bold color options. 6. Maintenance Tips: Some owners share their insights on upkeep, highlighting that while it requires regular maintenance, the investment in care pays off in terms of performance longevity. Overall, the 1988 Formula 292 Fastech SR-1 is revered for combining power, style, and comfort, making it a beloved choice for speed enthusiasts and leisure boaters alike.

The Biggest Pros and Cons

Pros

Performance: The Formula 292 Fastech SR-1 is renowned for its high-performance capabilities, featuring a powerful hull design and dual engines that provide exhilarating speed and responsiveness on the water.

Stability: The deep V-hull design ensures excellent stability at high speeds, making it suitable for both calm and choppy waters.

Quality Build: Formula is known for its superior craftsmanship, and the 292 Fastech SR-1 is no exception. The boat features high-quality materials and a robust build, contributing to longevity and durability.

Comfortable Seating: The layout offers generous seating for passengers, with plush upholstery that enhances the overall experience, making it ideal for social outings and day cruising.

Stylish Design: The 292 Fastech SR-1 boasts a classic and sporty aesthetic that remains appealing even decades after its debut, drawing attention at docks and on the water.

Innovative Features: Equipped with modern amenities for its time, such as a well-designed cockpit and advanced instrumentation, enhancing usability and overall enjoyment.

Cons

Fuel Consumption: High-performance boats like the 292 Fastech SR-1 can have higher fuel consumption, making them less economical for extended trips compared to more fuel-efficient models.

Maintenance Requirements: The powerful engines and complex systems may require more maintenance and care, which can be an additional cost for owners.

Size and Weight: While its size contributes to its stability, it may limit handling in tighter spaces or on smaller trailers. Docking and maneuverability can be a challenge for less experienced operators.

Limited Storage: The focus on performance and seating may compromise storage space, making it less ideal for long journeys where additional gear is needed.

Age Considerations: As a vintage model, some boats may need updates or refurbishments to meet modern standards or personal preferences, which can involve additional investment in terms of time and money. The 1988 Formula 292 Fastech SR-1 remains a compelling choice for enthusiasts who appreciate performance and design, but potential buyers should weigh these pros and cons to ensure it fits their boating lifestyle and expectations.

Made For

The 1988 Formula 292 Fastech SR-1 is designed for boating enthusiasts who crave high performance and exhilarating speed on the water. Ideal for speed seekers, this vessel caters to those who appreciate cutting-edge design and engineering excellence. Whether you're an adrenaline junkie looking to embrace thrilling weekend getaways, or a dedicated boater who values the perfect blend of style and capability, the Formula 292 Fastech SR-1 is an exceptional choice. Equipped with powerful twin engines, this boat offers impressive acceleration and stability, making it perfect for both racing and leisure cruising. Its sleek profile and sporty aesthetics appeal to those who desire a head-turning presence on the water. Additionally, with its spacious cockpit and comfortable seating, the SR-1 is well-suited for social outings with family and friends. Overall, this iconic performance boat is tailored for individuals who seek adventure, propulsion, and unforgettable moments on the waves.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1988 Formula 292 Fastech SR-1. 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$ 26,180
Total Payment$46,808.87
Monthly payment
$195.04/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1988 Formula 292 Fastech SR-1. 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$ 26,180
Total Payment$46,808.87
Monthly payment
$195.04/mo

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