Any info on this 292 fastech
 

Any of you northern guys have any info on this 292 in New York? Thanks!!
http://www.boattrader.com/listing/20...tech-100253818

Looks decent enough. Couldn't read the hours but thought I saw 300+. 39K motivated seller, make a low low ball offer see if he bits, might be worth the risk at that kind of price.

I have an 02 just hit 100 hours this season.

Looks like it was left in the water from the scum line.......and it's location is 100% salt water. Who knows if the engines were flushed often.... or never?????? I don't "think" I see a fresh water flush kit on those engines but I could be wrong.

Other than that it looks pretty clean from the pictures.......

Engine compartment looks too clean to be a salt water only boat it whole life. Really need to see a picture of the drives to make a decision on that. Price is decent, but does not mention if a trailer is included in that price. That makes a big difference if it is a deal or not. There are a ton of 292s for sale right now. Jeff Wurl

Its there just has a black cap instead of blue that they usually do. Does look like it sat in water, but rest looks good.....if the pictures were not taken when he bought the boat.

Kinda need to go look at it, there are a lot of 292s for sale (they made a lot) but none in the thirties. Don't worry about hours they are black motor small blocks, they can go way longer than 300 hours

Been for sale for a while

I am waiting on the broker to call me back to get pictures of the bottom, drives and more shots of the engine compartment. I didnt think the 3xx hours it has was that bad. It looks like it has sat in water, with that said my boat would get a scum line on it after a day in the water, so the question I have is that just a scum line or is it covered with barnacles!!! Only pictures will tell. If anyone has anymore info let me know! Also the cheapest 292, so its either bad or the seller is that motivated!

good luck tried dealing wirh them on a 312 getting info was like pulling teeth

FWIW, two of my friends just sold their immaculate freshwater 2000 & 2001 Formula Fastech 271's with 502 Mags on trailers for $39K each! Both sold within 6 months of listing. I gotta think a newer 292 is worth more.

thats a pretty penny for them definitly retiterates what ive been saying about the used market for the last six months or so

I agree with eveyone's comments above....... Sounds a bit "fishy" to me at that price. As you said the scum line isn't a problem...... if there aren't massive barnicles and crap on the bottom/drives.

Personally, I don't like to go with the "cheapest" of anything......I'd rather go with something in the "middle" if you can swing it financially. Seems to pay off in the long run.......

As Tim said (Expensive Date) those small blocks will run for ever.......so the 300+ hours isn't a big deal. IMO.

DON"T buy it without a survey!!!!!!!! I'm sure you know that already!!!!!

Is it one of the better priced ones out there...yeah aside from that yellow 2007 that appears to be back for sale but with a higher price. I am leary of saltwater boats, especially if they have been left in the water but if the price is good and it wasn't left in the water season after season and those pics are just from like a vacation trip or something might not be bad. I am seeing a few picky things for me that steer me away (bubbling it appears on the dash paint by hour gauge) and I GOTTA think that exahust should be looked at if it wasn't flushed. But like others have said get it surveyd. Also I didn't see anything about a trailer (read the ad quick) but you are talking another 3-5k minimun if you don't have one already.

Got a hold of the broker, no trailer, has sat in the water the last two years, has white bottom paint. Transom had to be rendone with new transom assemblies. Says buyer is firm since he just had to pay for all they repairs. I don't mind salt water boats if they are properly cared for since I boat in salt water, but leaving i in the water... Well this one isn't for me. Thanks for input, the search continues.

What about a 311?

I would pass too. I know know this isn't a Formula but still seems like a LOT of boat for the money and holds to the similar size and amenities of the 292 but offers serious performance for 30ft
http://www.offshoreonly.com/classifi...o41881-en.html

theres a 292 for sale on powerboatlisting.com in ny thats not too far off

2 nice ones in Ohio listed there at $48k each too...if someone wants to pony up for Scorpions in a 292 (77mph gps) I'll consider selling mine. I have a lead on a larger boat. PM me...

I'm trying to stay below 40k that's why that one caught my attention. Haven't really considered 311, might be something to look at.

also looka t 97-99 312 fastech's, they can be had in that range

Thats sick bottom painting a stepped hull,he had to replace the Transom or just the assemblies? Don't know why he would need assemblies with those hours unless the bellows was leaking and took everything out.

the way the broker explained water coming in it sounded like the bellows was the culprit. It is a shame to bottom paint it, but if its your boat I guess you can do as you see fit!!

A nice 2004 just popped up in the classifieds here...small 5.0 motors but CLEAN boat w/trailer for $45K...still a 65mph boat...

http://www.offshoreonly.com/classifi...o47108-en.html

for sale for a while uf memory serves me right i think it was in fl

ya it has, I think on resale the 5.0's really hurt you and I will have to resale the next boat at some point.

There is also this one, its a saltwater boat and you can see it on the pulleys, but dosen't look bad from pictures.

http://www.boattrader.com/listing/20...Fastech-326301

in my opinion the boat looks a little suspect given the price and replaced transom. its an 04 with rot issues already? i would steer clear. the boat must have been leaking since new to have significant rot already. factor in the price of a trailer at 5-6k and the deal is all but gone.

all of these early 2000' 292's with 200 hours look great on paper, but how do they run. i would be concerned with lack of use. they are going on 10 years old. on average, thats 20 hours a year which is not a lot. something tells me they were used for a few years (30-40 hours each summer) and sat a while. a boat with normal use should have at least 300 hours if not more at that age. why such low hours: is it because the owner didnt have time to run it, or when they ran it; it didnt run long, or was it always broken? none of the answers are good ones. what makes it even worse is that some of these are in regions that dont have winters (FL and TX).

one listing said alternators and water pumps were replaced...they probably went bad from sitting and lack of use. who knows what other gremlins exist. those things dont usually go bad within 200 hours.

ill give you an example. my friend went to check out a 2005 jet ski with 35 hours. looks great on paper. friend said the thing ran like sh*t. just my 0.02.

The guy i bought my 292 has a 312 with non mag 454's in great shape for 45 on trailer. Pm for details. But i would hold out for a 292. Great boats. Great economy. Great all the way around

I think I would want mags with a 312. Seems like 7.4's wouldn't be enough in a 312.

I did not even know you could order them with 5.0 The one in Florida looks pretty nice, not bad for the price.


So if the boat in question did not have "issues" would it have sold to the thread starter for that price. A lot of asking prices are in the 60s but I think selling price for clean 04 to 06 with 6.2s and a trailer is low 40s. What does everyone think?

For '04 to'06...too low in my opinion. If people are paying 39k for an older 271 with a single engine and drive...too low.

I tend to agree. Obviously we are a bit biased as we own them but I think a fair price on a 2004 to 2006 292 is probably upper 40's to mid 50's. Some clean 2006's could prob demand upper 50's to lower 60's. The 292's are very desirable which keeps them from depreciating. Great starter boat, dependable, overnighter, relatively inexpensive to own/buy/maintain. Sometimes these factors keep a boats value rather than diminish. High dollar boats tend to depreciate quicker for this reason. Less potential buyers, etc.

I think a great/excellent buy on a 292 would be low 40's given its in good running condition and cosmetically ok. You are getting a lot of hardware (2 motors / 2 drives) for the money.

I have a 2003 292 w 6.2 that I am thinking about selling at the end of the season boat has 171 hrs boat has not sat some weekend trips can be less than an hour a weekend in the area I have used this boat weekly since I gave owned sits on a Titan trailer just redid all bearings and drum brakes. Haven't really desided yet if I will really sell but for the right $ I would prob let go if any one is interested in seeing the boat or would like to talk about it email me @ [email protected] end of season sale
$40k boat

To answer your question, yes I would be getting surveys arranged and making plans to go to New York!!

[QUOTE=JayFan;3755316]

As Tim said (Expensive Date) those small blocks will run for ever.......so the 300+ hours isn't a big deal. IMO.





Ahh, or maybe they last 354 hours.......know more tomorrow.:party-smiley-004:

[QUOTE=Expensive Date;3757557]uh oh that don't sound good

If your boat was truly used weekly for less than an hour at a time, that certainly is not the norm. People who go out weekly tend to run the boats. Thats why we have them, right? In any event This will be a great buy for someone. Everyone including me look for things that were run routinely for short amounts of time. Like I said they are hard to come by.

What does that mean Tim??? Yikes...:eekdrop:

I dunno it all depends. I know guys that use their boats one week a year for a trip to the sanbar and one fill up. I also know people that use their boat every day in the summer but it is to go for an cruise then idle/drive to wave at all the neighbors on the shoreline. We have a VERY short season. most boats in my neighborhood go in the water in June and are ready for winterization labor day weekend (litterally you will see the boats piled up in the lot waiting for winterization). Also they will most like only get used on weekends and that is if it is nice weather. Also a lot of of the older crowd even though retired will not run their boats until kids or grandkids come up. All depends on where you boat.

[QUOTE=Expensive Date;3757557]That sux hopefully it is nothing major.