Age and efect on value?

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Dovorian

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Ok, I am cutting right back, too busy, too old and really cannot afford to have 4!

My dilemma is how to price a couple of mine. For example 16.2 ID x, absolute beginners horse, a plod if you want that but fun to hunt. However he's 15.....but low mileage. A friend believes he's worth 'token' money, £250 or so. I was a bit surprised but the economy isnt strong. My concern is that a low price could atttract the wrong buyers and it is jolly hard to check up when folk are not in the area. How have others dealt with this?
 
15 isn't that old! A true novice ride will always hold a reasonable value (if they are sound and healthy) because they are hard to find.
 
He's not old - he's a hacking/hunting schoolmaster! :)

He's worth whatever someone is willing to pay for him, be wary of advertising him too cheaply though as you say it will mostly attract the wrong sort.
 
My friend paid £2000 for her 15 year old schoolmaster 6 years ago. I know the market has changed, but Charlie was her first horse and still her pride and joy. Not had a lame day in the years she has had him, and still fit as a fiddle.
 
I think that your friend wants to buy him cheap! I'd say that the price, at the very least, should have a one at the start of that figure...(ie, at least £1250)

Type in his age and type into some equine sales web sites (lik H&H) and see what similar things come up...

Really tired, thin, lame hunters went through York sales for £250 last year...
 
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I think 15 is far too young for a 'token' price of £250 - IMO that's the sort of price for a very late teen or early twenty's horse. I would have a look at what other people are asking and judge how yours compares but if he's a genuine and healthy horse I would have thought a minimum of £1500, probably more and depending on whether any tack was included.
 
Absolutey, I sold my 16yo bombproof guy for £1800, safety is worth money IMO

I would not put less than £1000 on him (depending on tack etc) but up to £2000.
 
I'd expect to see a horse described as bombproof yet fun to hunt at least £2000 ... 15 is not old, I ride a 22 year old who is still going strong and is great fun! No need to apply a token price to a 15 year old.
 
He is worth a lot more than that if he is sound and sane and reasonably well schooled, if he hacks out alone and could do a bit of RC dressage and SJ then I would say at least £2000 if not more excluding tack if he is a true beginners safe horse then they do hold their value longer.
 
I've recently paid £1000 for Markie, 19 year old proper vanner.
However, he is very low mileage and the gear that came with him is worth at least double the price I paid! I went to view as he looked like everything I wanted even though the advert only said he came with leather saddle and bridle.
A few items: 4 Rambo rugs (13 rugs in total, mainly Amigo), expensive saddle with Heather Moffat seat saver and sprenger stirrups, 2 very good bridles (one Stubben) both with neu schule bits plus bales of shavings, horsehage and enough bags of feed to last until Christmas! Literally everything came with him, grooming kits, firstaid kits, lungeing kits, 2 sets of brand name clippers, I could go on for hours..........we had trouble fitting Markie in the truck with all of the gear.
However, I'd have paid the grand even if he came with a cheapy bridle and an old, synthetic saddle. You'd be surprised at the number of 'mature' potential owners that want a mature horse where they're not under any pressure to prove anything to anybody, or, have the opportunity to own the type of horse they've longed for all of their lives but could never afford one in it's 'prime'.
I was very, very, lucky with Markie, his old owner even made sure he had his jabs early so it was less expense for me and got the vet to do an equivalent of a 2 stage vet as she knew he would have a great home!
 
I would say £2k - I wouldn't advertise him with a price as low as £250, this is too cheap and he could up being bought by someone who can afford that but can't afford the running costs to look after him... not sure whether that makes much sense.... sorry! Anyway, 15 isn't old.
 
Crumbs! Thank you all, I was 'almost; happy to take £250 to ensure a good home for the chap. He is well schooled, nice dressage but not flashy enough for the ambitious competitors. I will put him in H&H and see what interest I get. Was not including tack as he has v expensive albion ultima saddle which can be sold pretty easily for more than I was told the horse was worth. Friend was interested in him for her OH.... Cheeky eh?
 
I would advertise for at least 2k not incl tack.

A true beginners horse is worth their weight in gold and if they are a reasonable looking horse, you can add more to the 2k.

Have you got a picture?
 
Yes at least 2k.
For £250 a dealer would pick him up and flog him for 10x that the next day... £250 isn't even meat value poor boy.
You will find him a better home by pricing him properly as people will take you seriously, people will thunk there is something wrong if you price him too low. 15 isn't that old! Most advanced event horses in their prime are 12-16. Dressage horses don't even make it to the top untill their teens.
I'm not sure of the rest of his details as you didn't say but I would advertise him for a bit more and not accept less then 2k if he is safe and does hunt. ;)
 
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