Great Loop Radio: An Update on the Boat Buying Market

For several years, obtaining insurance has been one of the bigger challenges in buying a Great Loop boat. This week, Jon Horton of Jack Martin & Associates returns to our podcast to update us on what to expect in 2025. Is it becoming easier to get insurance your Great Loop boat? Listen to find out!

What can we expect when buying or selling a Great Loop boat in 2025? Michael Martin from Great Loop Yacht Sales join us with details on the current market and information on how the boat buying process works. If you're planning to buy a boat for the Great Loop, be sure to catch this episode.

As our 2025 update to our boat buying series continues, Scott Miller of Miller Marine Consulting joins us to talk about the importance of a pre-purchase survey on your chosen Great Loop boat. Our discussion includes details on how to choose a surveyor and what to expect both during and after the survey.

This week we kick off our "2025 Update" series where we'll report on different parts of the process for buying a Great Loop boat. In the coming weeks we'll talk about the current state of the Great Loop boat market, marine insurance, and surveys. This week, Cindy Lewis of Sterling Associates is our guest. Cindy shares her expertise and covers what to expect from interest rates, lender terms and conditions when financing a boat, and the benefits of financing, even if you have cash available.

All of us will, at some point, sell our boats. This week, Michael Martin of Great Loop Yacht Sales joins us to talk about the boat selling process. He'll provide tips on how to get the boat ready for sale, what photos to include in the listing, the popular sites where you'll want your listing included, and pitfalls to avoid. Whether you plan to sell your boat yourself or engage a broker, this episode includes practical information on ensuring the process goes smoothly.