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1989 Formula 292 SR-1Sold

$29,760

Used
We will let you know when another 1989 Formula 292 SR-1 is available in Sebastian, FL

Boat in Sebastian, FL 32976 US

builtBuilt in 1989
Year the boat was built
model

292 SR-1

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
29ft
Hull Material
fiberglass
Engine 1
Engine Make
Mercruiser
Engine Model
454 Magnum
Total Power
385hp
Engine Type
Inboard/Outboard
Fuel Type
gasoline
Engine 2
Engine Make
Mercruiser
Engine Model
454 Magnum
Total Power
385hp
Engine Type
Inboard/Outboard
Fuel Type
gasoline
Tagline
Well-maintained and fast boat! Ready for some fun on the water!

Price History

DateEventPrice
12/9/25Initial price$29,760

Videos from Pop Yachts on this 1989 Formula 292 SR-1

Overview from around the web 1989 Formula 292 SR-1

Customers appreciate the 1989 Formula 292 SR-1 for its sleek design and solid performance on the water

Many highlight its comfortable seating and spacious layout, making it ideal for family outings and entertaining guests. Owners often praise the boat's reliable handling and powerful engine, which deliver an enjoyable and smooth ride. The quality craftsmanship and attention to detail in the 1989 model are frequently noted, contributing to its reputation as a durable and stylish sport cruiser. Overall, users find the Formula 292 SR-1 to be a well-rounded boat that combines performance, comfort, and classic appeal.

The Biggest Pros and Cons

The 1989 Formula 292 SR-1 offers a blend of performance and style that appeals to boating enthusiasts. Here are some of the pros and cons of this model:

Pros

Sporty Design: The sleek and aerodynamic design gives the boat a modern and aggressive look, making it stand out on the water.

Powerful Performance: Equipped with a robust engine, the 292 SR-1 delivers strong acceleration and excellent top-end speed, ideal for both cruising and watersports.

Spacious Layout: The interior is well-designed to maximize space, providing comfortable seating for passengers and ample storage.

Quality Construction: Formula boats are known for their solid build quality, and the 292 SR-1 is no exception, offering durability and reliability.

Versatility: Suitable for a variety of activities including day cruising, waterskiing, and entertaining guests.

Cons

Fuel Consumption: With its powerful engine, the 292 SR-1 can be less fuel-efficient compared to smaller or less performance-oriented boats.

Maintenance Costs: Older models like the 1989 version may require more frequent maintenance and parts replacement due to age.

Limited Cabin Space: While the layout is spacious for its class, the cabin area may feel compact for extended overnight stays.

Availability of Parts: Some specific components for this vintage model might be harder to find, potentially leading to longer repair times.

Made For

The 1989 Formula 292 SR-1 is designed for boating enthusiasts seeking a high-performance, stylish sport cruiser that combines speed, agility, and comfort. It is ideal for those who enjoy day cruising, watersports, and entertaining guests on the water, offering a sleek design and reliable handling for both experienced boaters and those looking to elevate their boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1989 Formula 292 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.
Monthly payment
$337.77/mo
$
$
Loan amount$ 29,760
OR
%

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1989 Formula 292 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.
Monthly payment
$337.77/mo
$
$
Loan amount$ 29,760
OR
%

Contact Pop Yachts

5717 Bessie Drive, Sarasota, FL, 34233

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Sarasota, FL 34233

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