Most of the horses I have at the moment have cost me around the 2,500 mark. Yes I feel that with all of them I have paid the correct price.
I sell for well above market price, however whomever buys a horse from me, does so knowing that they WILL have a better than average horse; so they all seem happy to pay top dollar for them.
madhector- how long hav you had jerry? and who did u buy him from??
i think some of my horses have been over priced, but iv always thought they wer worth it for their potential. and obviosly you take risks when you buy potential as they dont always turn out as u expect, but i like risks, and we have always made a profit on all of them
My last one was over priced really for what he was. I ended up asking the same amount for him when I sold him on even though he had come on a lot and done a lot more.
On potential, my first horse was bang on the money. She turned out to be an absoloute super star and was worth every penny and was worth a lot more when I sold her.
I think both of mine were bargins.
Hattie was £1,200 and have not put a foot wrong and is happily showing at county level, where a judge offered me a great deal more than I paid for her.
Gyp was £850 as a under weight, under muscled 4 yr old. Now he is worth a lot more than that.
I bought my lad 2 years ago & got his price reduced by 20% so I considered I got him at a good price. We liked him anyway & I would have actually paid the full asking price if we'd had to. He's far more well trained now in all fields & so if he was ever put up for sale I would look to virtually treble my money. He's family though now & not for sale.
Shadow was £300 as an 8 month old foal 10 years ago and she has been worth every penny!
Our 13hh 7yo NF was £900 and I think we paid about the right price for her, although we're hoping to make a bit of money on her.
We paid £200 for an 11hh 2yo of unknown breeding (thought to be welsh/NF/shetland), £800 for a 13hh 7yo welshie and we had a 12.1hh 18yo welsh A on loan and the owners then gave her to us. All of them have been well worth what we paid for them.
Mine were all bargains as I think I paid way too little for them esp considering what I've been offered for them and all worth it! Only one I think I paid full price for was the connemara when he was a foal. When I was looking for my last horse people laughed at my budget and said I would need to at least double it if I wanted something good but the mare I found is really nice and has lots of potential and I was really surprised at how cheap she was, especially as she has super jump but I think a good home was more important to the people selling her. If you spend time looking and have a good eye for a horse there are bargains out there, I think I've been lucky with my lot so far.
Bloss was priced correctly (i paid £2.5k for her). Shes worth around £5k as a school mistress now, but no more due to her age.
Archie wasnt worth b*gger all when i got him as he was bl00dy difficult. He is worth more than what i paid for him now, and like i wrote in the previous post, he'l be worth even more when he gets over his temper tantrums and starts growing up a bit and is competing at a higher level.
We paid market value for F, but that was because people in Belgium didn't realise that "failed" sjers (ie. prob not going past the 140 mark) could make eventers. He was Advanced in a year. He cost £4000, would have been a lot more in the UK. Deco cost me £3500, two years later was qualified for the British Intermedaite and Open championships, now in foal to Mill Law. William is homebred, don't intend to work out how much he's cost so far! Liberty was cheap. So happy with my lot. Think one my parents did pay over the odds for was a 14.2, she should really have been a show pony, we spent £3500 on her as a 4yo I think, and she never really won much, but did teach me not to fall off when she stopped! We sold her 4 years later for about the same money.
At first, I thought he was overpriced, but given that we've had 9 years of fun and rosettes, I now think he was an absolute bargain, but then he is worth his weight in gold to me!
Cracker was a bargain as a 3 1/2 yr old. Half the price of what dealers were asking for just broken un-schooled horses.
He is now worth probably 3 times what I paid for him, but I wouldn't sell him for any amount of money.
My daughters pony was 800, for a 12hh 8yr old pony with attitude. In the right hands she is worth more as she could do pretty much all pony club stuff, but she's not a first pony and therefore not worth silly money as a mother's dream.
So all in all I think she was about the right price.
£2K for a 16 yo school horse - bargain. Got her own personality, but just the right horse for me - bit stubborn at times though...anyone else would have paid half that. Ironically if the YO had asked for more I'd have paid it, I just had to have her.
We paid waaaay too much for rock considering the state he was in physically, the fact he failed the vetting on 5things and the fact he was rising four and had done nothing - but i fell in love with him and just couldnt leave without him - and its been the best thing i've ever done...more luck than judgement though!