Are horse sales slowing down?

AdorableAlice

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A lot of people have not used the various loans and schemes from central government to prop up their businesses. It has been spent on leisure and entertainment. A friend of my husband has a medium size successful kitchen fitting business. His government hand out bought a second hand Porsche and he is about to dump two members of staff when furlough ends.
 

Polos Mum

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A lot of people have not used the various loans and schemes from central government to prop up their businesses. It has been spent on leisure and entertainment. A friend of my husband has a medium size successful kitchen fitting business. His government hand out bought a second hand Porsche and he is about to dump two members of staff when furlough ends.
We need an 'unlike' button !
 

maisie06

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I was aksed to handle the sale of a nice young cob as his owner is having to concentrate on a sick relative, lovely animal no issues but only 2 so funny age for selling but sold within 3 days of the advert going live, I was quite surprised myself!!
 

Tarragon

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A lot of people have not used the various loans and schemes from central government to prop up their businesses. It has been spent on leisure and entertainment. A friend of my husband has a medium size successful kitchen fitting business. His government hand out bought a second hand Porsche and he is about to dump two members of staff when furlough ends.
That is disgraceful behaviour! I am horrified and very sad.
 

PoppyAnderson

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Well, I have a 5 yr old 15hh for sale. Advertised on horsequest, very reasonably priced but a bit of a project and haven't had 1 enquiry, so I'm not seeing the madness ?
 

Xmasha

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A lot of people have not used the various loans and schemes from central government to prop up their businesses. It has been spent on leisure and entertainment. A friend of my husband has a medium size successful kitchen fitting business. His government hand out bought a second hand Porsche and he is about to dump two members of staff when furlough ends.

im shocked that hes actually brazenly telling people thats how hes funded the car. People really have no shame.
 

willowblack

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I’m in search of a unicorn and what I thought was a substantial budget for what I need isn’t looking very promising so I’m going to wait til after Christmas and hope things have settled down a bit with the market.

Daughter is off to uni in 2 weeks and taking her horse with her so I’m hoping to find something for me to do low level stuff that she can event next year along side her own. It’s so hard though because they are either sporty so suit her and too low level which is perfect for me ?‍♀️ I’ve bankrolled her and her horses til now so I’ve decided it’s time to spoil myself for a change ?
 

Red-1

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I would say not slowing down at all.

I just set off to try one, it was already what I would call over pried but, after the year I've had, I was going to treat myself. I am talking £12,500 for a 12 year old with excellent credentials for being a good boy, but not much in the way of checkable results. Just that he was a good looking and nice chap.

I set off for the 1.45 journey. I was feeling happy that I was going to treat myself, swearing that no one would ever know what I paid. As I left the motorway and pulled in to check the address, I found a message that had just been sent, saying that the horse was now £17,500!!!

Just WOW.

I have tuned round and come home. I think that is greedy and don't think they will get it.

I think I will sell mine soon, and leave it until January to buy.

As for today's debacle - ridiculous, and rude. Spent over 3 hours travelling and spent about £40 in fuel. They didn't even have the decency to call me, sent a message knowing I couldn't get it as I was driving.

Goodness only knows what to advertise mine for???
 
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Wishfilly

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Not really a representative sample, but I contacted a few people this evening as I'm just starting to more seriously look for a horse and there were a couple of potential horses reasonably close to me. One, which just went up today, and admittedly I did think was underpriced, said she had been inundated with messages. Another, which again was a nice type, reasonably priced, had sold (subject to vet) within 5 days of the advert going up. I have just had a message back about another, which is a bit further afield, but sounds a nice sort, is still available, so we will see!

On the other hand, there are a couple of adverts I have definitely been seeing all summer whilst looking (but maybe those have something drastically wrong with them)?

It does make me sort of want to put off looking as I don't really want to feel put under pressure to buy, and I think my budget (mid four figures) might go further later in the year.

@Red-1 That is such greedy behaviour, and I sort of hope it comes back to bit them.
 

honetpot

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I would say not slowing down at all.

I just set off to try one, it was already what I would call over pried but, after the year I've had, I was going to treat myself. I am talking £12,500 for a 12 year old with excellent credentials for being a good boy, but not much in the way of checkable results. Just that he was a good looking and nice chap.

I set off for the 1.45 journey. I was feeling happy that I was going to treat myself, swearing that no one would ever know what I paid. As I left the motorway and pulled in to check the address, I found a message that had just been sent, saying that the horse was now £17,500!!!

Just WOW.

I have tuned round and come home. I think that is greedy and don't think they will get it.

I think I will sell mine soon, and leave it until January to buy.

As for today's debacle - ridiculous, and rude. Spent over 3 hours travelling and spent about £40 in fuel. They didn't even have the decency to call me, sent a message knowing I couldn't get it as I was driving.

Goodness only knows what to advertise mine for???
OMG
 

ycbm

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I would say not slowing down at all.

I just set off to try one, it was already what I would call over pried but, after the year I've had, I was going to treat myself. I am talking £12,500 for a 12 year old with excellent credentials for being a good boy, but not much in the way of checkable results. Just that he was a good looking and nice chap.

I set off for the 1.45 journey. I was feeling happy that I was going to treat myself, swearing that no one would ever know what I paid. As I left the motorway and pulled in to check the address, I found a message that had just been sent, saying that the horse was now £17,500!!!

Just WOW.

I have tuned round and come home. I think that is greedy and don't think they will get it.

I think I will sell mine soon, and leave it until January to buy.

As for today's debacle - ridiculous, and rude. Spent over 3 hours travelling and spent about £40 in fuel. They didn't even have the decency to call me, sent a message knowing I couldn't get it as I was driving.

Goodness only knows what to advertise mine for???

?

I hope the market crashes and they get stuck with the horse! Greedy buggers.
.
 

SO1

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People are looking for outdoor pursuits. Pets can provide comfort during difficult times. My pony has been wonderful during the pandemic. I live on my own & wfh, if it wasn't for him I would not have seen anyone since the lockdown started. My parents live in another country & my sister over 3 hours away. I would normally socialise with friends in pubs or meet up outings to museums no one wants to risk that. The yard has been great outdoors, can have socially distanced chat with people, can cuddle pony lots.

I can totally see why people may want to invest in having a horse. It is social but outdoors. People need something to do in their spare time & socialising & indoor activities are unappealing at the moment. Wealthy parents may also be thinking about things that can occupy their kids that is outside & social distanced.

I would hope people who are not on furlough have a decent chance of being kept on.
 

Wishfilly

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To be honest I say there is going to be a massive welfare problem . When everything gos back to normal a people are no longer working from home and they realize the time and money it takes to care for a horse.

To be fair, I know quite a few people (horsey and not) who don't want to go back to working in the office now that they have realised they can make working from home work, and enjoy the benefits of having no commute etc. I think a lot more people with WFH at least a couple of days a week.

I do agree that there are some people who have bought whilst on furlough who may face problems, and there are obviously some people who are unfortunately facing hard times financially- which I would not wish on anyone.
 

Puzzled

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I sell several horses alongside the day job, I had more phone calls in January and February this year for horses than ever before despite the winter being so wet. I think covid has increased the demand but it was busy before it kicked in. I advertised a cob mare last week and had over 80 enquiries. The demand is huge worldwide at the moment, I have sold two this week one to Italy and one to Norway, just nice riding types and nothing over 14.2 HH. The number of horses that have been sold out of Ireland is huge and at the moment demand is far exceeding supply, they may become cheaper in the winter if people cannot afford them but with the number that have left the country I still think they will be a shortage of horses....
 

Wishfilly

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I sell several horses alongside the day job, I had more phone calls in January and February this year for horses than ever before despite the winter being so wet. I think covid has increased the demand but it was busy before it kicked in. I advertised a cob mare last week and had over 80 enquiries. The demand is huge worldwide at the moment, I have sold two this week one to Italy and one to Norway, just nice riding types and nothing over 14.2 HH. The number of horses that have been sold out of Ireland is huge and at the moment demand is far exceeding supply, they may become cheaper in the winter if people cannot afford them but with the number that have left the country I still think they will be a shortage of horses....

That's very interesting to hear. Do you have any idea why that might be the case? Were people breeding less, say 4-8 years ago?
 

Puzzled

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That's very interesting to hear. Do you have any idea why that might be the case? Were people breeding less, say 4-8 years ago?

Yes, when the Irish economy collapsed several years ago most people stopped breeding horses. There is now a huge shortage in Ireland although everyone is breeding again now. The cost of then has gone up dramatically. I remember a few years ago you could buy a nice Connemara for around 2500. I am now giving 5000 for 14.2 HH 4 year olds and still struggling to buy them at the quality I want.
 

Wishfilly

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Yes, when the Irish economy collapsed several years ago most people stopped breeding horses. There is now ahuge shortage in Ireland although everyone is breeding again now. The cost of then has gone up dramatically. I remember a few years ago you could buy a nice Connemara for around 2500. I am now giving 5000 for 14.2 HH 4 year olds and still struggling to buy them at the quality I want.

That's interesting to know! I think Connemaras have been expensive in England for a while- take what you'd pay for a native pony of a similar standard and add £1000+ because it's a Connemara! I've seen a green 5yo near me advertised for £5000 and thought that was reasonable for a Connie!

Obviously, people used to go over to Ireland (or buy unseen) and buy them a lot cheaper, which sounds like it won't be an option anymore!
 

Bernster

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Yes, when the Irish economy collapsed several years ago most people stopped breeding horses. There is now a huge shortage in Ireland although everyone is breeding again now. The cost of then has gone up dramatically. I remember a few years ago you could buy a nice Connemara for around 2500. I am now giving 5000 for 14.2 HH 4 year olds and still struggling to buy them at the quality I want.

Ah, that makes sence. A bit of demand and (lack of) supply and Covid weirdness all kicking in.

that’s rotten behaviour red1.
 

Ceriann

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I hope we don’t see a glut of horses on the market come winter. I don’t think we will see a mass return to the office - we are adopting a flexible approach to our return. If wfh works for you the wfh, if you need office time then go in (sensibly (so not every day)). I will continue to wfh for the foreseeable and am loving the flexibility and riding much more. If I didn’t already have 3 (two companions but they still need time) I might have looked for another.
 

Red-1

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Well, mine has been out SJ again today, she is ready for sale and I have put her on Horsequest. The advert is pending approval, so fingers crossed. She was brilliant, really happy to be back in more demanding work.

I did ring up about another one for me, this was also a 12yo, no particular form, and 8K. The owner was chalk and cheese to yesterday's though, when I contacted them she was very honest about his stifles being injected. That isn't something I would want, and I can't see her getting 8K for the horse with that drawback, but at least she was honest and up-front.
 

Wishfilly

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I hope we don’t see a glut of horses on the market come winter. I don’t think we will see a mass return to the office - we are adopting a flexible approach to our return. If wfh works for you the wfh, if you need office time then go in (sensibly (so not every day)). I will continue to wfh for the foreseeable and am loving the flexibility and riding much more. If I didn’t already have 3 (two companions but they still need time) I might have looked for another.

I think if we do see a glut of horses on the market it'll be due to people unfortunately losing their jobs and not having the funds to keep them, so I hope we don't see this for a lot of reasons.

I do hope the market slows down a little bit, though!
 
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