Does anyone remember...

[H-J]

Me posting about an eventer for sale at my yard who was up for £18K who I thought and alot thought was stupidly over priced, he a 10yr old, WB X TB who has been 9th in 2 Novices double clear. but in his others had alot of SJ faults, XC faults and mostly lots of time pens as he wont make the pace.

This was about last summer - well about 3 people in total have looked at the horses after dropping too £12,500 and someone made an "offer" on him for around £10K. I always think the horse never looks right - well he had him vetted today and he failed on the 1st trot up not even the flexation.

Where would you go from there! And gutting when you had originally priced at £18K

 

[sw123]

you're in a very difficult situation basically!! Having been in it there's one of a few ways you can go....

Keep advertising at that price, just because 1 vet faile dhim doesn't mean another will......have seen some amazing passes/fails over the years.

OR

put the price down and someone will take a risk and probably end up with a sound horse that was a bargain!

OR

(what we did) was take them to newmarket and have whatever they've failed on fully investigated, vets report done on it and x rays/scans taken and analysed. Then you can decide where you go as you have more idea on the problem - ie can either keep price the same and just tell peopel, he will fail on xyz but i have a report from Mr Y whos' top man in this field saying actually its fine....

OR you look to loan/lease them

 

[Ferdinase514]

[ QUOTE ]


(what we did) was take them to newmarket and have whatever they've failed on fully investigated, vets report done on it and x rays/scans taken and analysed.

[/ QUOTE ]

I agree this is a good option.

You'd have to be looking at an amzing horse that you really, really wanted to do this wouldn't you. Something special to go to the effort.

Sounds that HJ is saying horse is ok but not amazing for the money?

 

[H-J]

Yes def not - I think it was only an £8K horse anyway really.

I think the investigating the problem could be good. What would you do if it was something like the start of navicular or something. What a horrid position to be in.

 

[sw123]

If you find out its something like that i think its when people's honesty comes out - some will inject the joint/whatever and get it sold quick. Others accept it and either sell cheaply to someone who knows or loan it/lease it.

A lot depends on insurance though as if they're covered for investigations and potentially loss of use then the owner won't lose out as much as if not....

 

[H-J]

Its only insured for not even a quarter of what it was up for sale for

 

[Ferdinase514]

If it is something bad, I guess you just have to accept the situation and sell the horse very cheaply to a good home, admittinghte horses problems.

Lets hope it's nothing serious.

 

[BBs]

[ QUOTE ]
Its only insured for not even a quarter of what it was up for sale for

[/ QUOTE ]

LOL dont blame them.... we insure Winston for what we paid for him costs well over £100 per month.

 

[H-J]

I know must admit Spider isnt insured for much.

And no loss of use because we can breed from her hopefully.

When my 5yr old Golly was PTS he had navicular in all 4 feet and bad and we didnt get a penny bad

 

[BBs]

Thats the problem.

YOs horses are not insured either, not everyone can afford to insure horses worth in the region of £100k! and thats each!

 

[Ferdinase514]

Lady I worked for never insured hers, for this reason. She put money aside every month instead.

Actually, she did insure one particularly obnoxious 4 year old, as he was for sale and a constant injury machine!

 

[SillyMare]

Mine are all insured for £1000 each - I just wanted to cover any vet bills and have a little bit of cash if I end up having one put down to cover associated costs.

Loss of use is far too expensive for me and difficult to proove anyway.

If I have to replace one, I wouldn't pay what they are worth now anyway (I would buy a youngster out of a sale).

 

[sw123]

We have upped the value of my boy to the point where the premium becomes too expensive as claimed loss of use on our (now brood) mare when she had her accident and could no longer compete. The 75% or whatever it was we got back from that is now paying livery for her babies who are away being broken etc!