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1998 Formula 382 FASTech Sold Boat in Decatur, IN 46733 US

$88,900

Used
We will let you know when another 1998 Formula 382 FASTech is available in Decatur, IN
builtBuilt in 1998
Year the boat was built
model

382 FASTech

Boat model
engine

2 Engines (2x Mercury)

Engine type and count
length

38 feet

Overall boat length
fuel

Gas

Fuel type
material

Fiberglass/Reinforced

Hull material

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The Image of Formula 382 FASTech 1998 - 01998 Formula 382 FASTech
Price$88,900$83,000
LocationDecaturMichigan City
Nominal Length38'35'
Engine MakeMercuryMerCruiser
Total Engine Power-425 hp
Days on Market27340
Get in touch
Nominal Length
38ft
Length Overall
38.17ft
Beam
8.25ft
Hull Material
fiberglass
Hull Shape
deep-vee
Engine 1
Engine Make
Mercury
Engine Model
500HP
Engine Hours
550
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Engine 2
Engine Make
Mercury
Engine Model
500HP
Engine Hours
550
Engine Type
inboard-outboard
Fuel Type
gasoline
Drive Type
stern
Disclaimer

The Company 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
12/18/25Initial price$88,900

Contact Formula Boats

2200 West Monroe Street, Decatur, IN, 46733

Overview from around the web 1998 Formula 382 FASTech

The 1998 Formula 382 FASTech has garnered positive feedback from boat enthusiasts and owners alike

Many customers highlight its exceptional performance on the water, praising the impressive power and handling that come from its twin-engine configuration. Boaters appreciate the FASTech’s sleek, aerodynamic design, which not only enhances speed but also provides a visually striking profile. Owners often comment on the comfortable and spacious cockpit, perfect for entertaining friends and family during outings. The interior is also frequently mentioned for its quality craftsmanship, offering a well-appointed living space that includes a galley, sleeping accommodations, and a head for convenience. Additionally, the reputation of Formula as a brand known for durability and reliability is often reaffirmed by satisfied customers, who express confidence in the boat’s construction and maintenance. Overall, the 1998 Formula 382 FASTech is celebrated for its blend of performance, luxury, and style, making it a standout choice for powerboat enthusiasts.

The Biggest Pros and Cons

The 1998 Formula 382 FASTech is a high-performance sport boat that has garnered attention for its sleek design and powerful capabilities. Here's a breakdown of the pros and cons of this model:

Pros

Performance: The 382 FASTech is equipped with powerful engine options that deliver exhilarating speed and impressive acceleration. Its deep-V hull design provides excellent handling and stability, making it ideal for both spirited drives and smooth cruising.

Design and Aesthetics: Formula is known for its stylish designs, and the 382 FASTech is no exception. Its sleek lines and bold graphics create an eye-catching appearance on the water.

Quality Construction: Formula boats are built with high-quality materials and craftsmanship. This model features a robust construction that enhances its durability and longevity, promising years of reliable performance.

Spacious Cabin: The interior of the 382 FASTech offers a comfortable cockpit with ample seating and a well-designed helm. The cabin includes sleeping accommodations for a small group, making it suitable for overnight trips.

Luxury Features: The boat boasts a range of luxury amenities, including a well-equipped galley, comfortable seating, and a stylish head, making it a pleasure to spend time on the water.

Cons

Fuel Consumption: While the performance is a highlight, the powerful engines can lead to higher fuel consumption, which could be a limiting factor for long-distance cruising.

Maintenance: High-performance engines and features require regular maintenance to keep the boat running at its best. Potential owners should be prepared for the upkeep costs that come with owning a performance boat.

Limited Storage: While the cabin is spacious, the overall storage options may be limited, making it challenging to stow all gear and provisions for extended trips.

Rough Water Handling: Although the deep-V hull provides good stability, this type of boat may still not be the best choice for extremely rough waters, as high-speed performance can lead to a bumpy ride in choppy conditions.

Cost of Entry: As a performance luxury boat, the initial investment for a Formula 382 FASTech can be on the higher side, which may not suit every budget. The 1998 Formula 382 FASTech is an exciting choice for boating enthusiasts who value performance and luxury, but it's essential to weigh these pros and cons to determine if it aligns with your boating lifestyle and preferences.

Made For

The 1998 Formula 382 FASTech is designed for speed enthusiasts and thrill-seekers who appreciate high-performance boating. Its sleek design and powerful twin-engine setup make it ideal for those who crave an exhilarating experience on the water. Perfect for experienced boaters looking to dominate the waves, this vessel is also suited for weekend adventurers who enjoy socializing and entertaining family and friends. Whether it's cruising at high speeds or relaxing in style at a hidden cove, the Formula 382 FASTech is for those who value performance, luxury, and the ultimate boating experience.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 382 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$ 75,565
Total Payment$135,107.41
Monthly payment
$562.95/mo

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1998 Formula 382 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$ 75,565
Total Payment$135,107.41
Monthly payment
$562.95/mo

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Address

2200 West Monroe Street
Decatur, IN 46733

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