1989 Formula 292 SR1 For Sale

$19,250
$13,900
Stock #183589 -
Available
Available
$13,900
$19,250

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2
Starboard
Starboard
Starboard
Decals
Starboard
Decals

Boat Details

Year:
1989
Type:
Power
Brand:
Formula
Category:
High Performance
Model:
292 SR1
Length (LOA):
30' 11"
Beam:
8'
Draft:
34"
Trailer:
Not Included
Stock #:
183589
Location:
Ashland, Kentucky
(near Huntington, WV)
Status:
Available
Reason for Selling:
not using
Engine Details
Count:
2
Year:
--
Brand:
Custom
Model:
498
Size (each):
500 hp
Hours:
--
Fuel Type:
Gasoline
"292 SR1 loaded but needs love. Fast deal on a fast boat!"

The boat has not been in the water in several years. The seller primed oil pumps on both engines and one started, sounding great, the other did not turn over.

There is no water in the oil. It may be that the engine is just locked up, or it may be the drive. The seller has other obligations an...more

2
Starboard
Starboard
Starboard
Decals
Starboard
Decals

1989 Formula 292 SR1 High Performance in Ashland, Kentucky

Stock #183589

The boat has not been in the water in several years. The seller primed oil pumps on both engines and one started, sounding great, the other did not turn over.

There is no water in the oil. It may be that the engine is just locked up, or it may be the drive. The seller has other obligations and is unable to currently work on the engine so he is selling it as-is.

The engines are custom including aluminum heads, aftermarket cams, high flow aluminum exhaust manifolds, etc. The boat has aftermarket drives. All engine info and specs have been provided by the seller.

NADA on these boats is around $35K.

Advertisement is for vessel only. Trailer is not being offered for sale by POP Yachts.
Information On Condition

The cockpit interior could be replaced, however it could also be used as-is. The cuddy is in near-perfect condition! Boat has almost every option available including head area, fridge, custom stereo, wet bar, suede leather upholstery, sleeping area with mood lighting, etc, etc.

For the age of the boat, it is in exceptional condition.
This boat is a dream for the DIYer and with a little restoration could be like-new!

Approximate boat location: Ashland, Kentucky

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Basic Details
Year:
1989
Type:
Power
Brand:
Formula
Category:
High Performance
Model:
292 SR1
Length (LOA):
30' 11"
Hours:
--
Stock #:
183589
Location:
Ashland, Kentucky
Engine & MechanicalMech.
Count:
2
Brand:
Custom
Model:
498
Size (each):
500 hp
Fuel Type:
Gasoline
Fuel Tank:
135 gals
Drive Brand:
SEI
Drive Model:
SE 106
Drive Type:
Stern Drive
Config.:
Inboard/Outboard
Bilge Pump:
Trim Tabs:
Water Pump:
Custom Exhaust:
Thumper Power
Dimensions & Specifications & Specs
Length Overall:
30' 11"
Beam:
8'
Max. Draft:
34"
Weight:
7,000 lbs
Bridge Clearance:
5' 5"
NavigationalNav. Equipment
Compass:
ElectricalElec. Components
Stereo:
Accommodations & Passengers
# Cabins:
1
# Berths:
1
Water Capacity:
14 gals
Generator:
No
Non-Smoking:
Pet-Free:
Cuddy Cabin:
Porta-potty:
Refrigerator:
Wet Bar:
ConstructionConst. Features
Exterior Color:
White And Blue
Interior Color:
White And Gray
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Submit an Offer  
Priced At:
$13,900
My Offer:

  All reasonable offers will be reviewed and presented to the seller.

  All offers are contingent upon being fully satisfied with unit after personal inspection and/or professional inspection.

This form is only for starting a conversation. Submitting this form DOES NOT actually obligate you to proceed with submitting a written offer.

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Financing may not be available for this vessel, due either to its age or category. However, banks are giving marine loans, and we would love to get you started in a discussion about financing.

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