Help with pricing?

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lesleypt

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Hi All,

It's been a while since I last came on to the forums, so I apologies if this is on the wrong page etc :)
But I am looking for a bit of advice on pricing.

I am currently looking for a new horse, and with my past experience prefer TB's (and ex racers at that). I have looked at a handful but prices are not always reflective of the horse in question.

I appreciate that if the horse has gone on to do lots of schooling, hacking and possibly competing, you are easily approaching the £1500+ price ticket. HOWEVER........

I am looking at a horse at the weekend who by the sounds of it has been brought on and then due to lack of time turned out and left. From the photos it looks quite barrelled and over weight, and I have been told it is very unfit.

Going by adverts I have been looking at over the past few months (probably even longer) horses that are being sold from the field, or who are unfit/unworked etc are going between £400-£800 mark.

Assuming this horse has been turned away for a period of time, I would think it is barefoot, and going on photos overweight, unfit, out of condition and will need a good 3-6months at minimum (especially over winter) to build condition. So leaves a lot of work to be done.

He is priced around £1000 but I am thinking this could be a little over priced, hence not been sold yet. Having forwarded all emails & photos to a friend she has suggested offering £500 and going from there.

The horse has hunted & hacked, but that's it from what I can gather.

In current times, would anyone have any opinions on this? Thank you
 
I wouldn't pay £1000 for him personally. I've got a cracking all-rounder LW Cob on the market atm with double clears (at a reasonable level) under his belt for just £100 more. At the same time, if someone offered me half of that for him, I would feel offended. I'd offer £600-£700 depending on the potential.
 
Everyone wants something for nothing.

The horse market is crap - but £1k is a cheap horse when it comes down to it. I wonder how much he would be worth if he was fit and hunting?
 
Flowersblossom123, thank you. I was thinking about £600 myself. There is potential there, but it is a long way off at the moment. Glad that its not just me that thinks it is overpriced then :)
 
You haven't put it's age, size or breeding so hard to give a price but if it is young, unspoilt, has hunted sensibly, is good to hack and a nice natured horse ready to bring back into work and school on I think it is a bargain at £1k, if it is an ex racer with all the above attributes I still think for the price it is reasonable unless there is a health problem, the cost of buying is almost irrelevant in the overall cost of keeping one.
 
Hi Faracat, I am not really sure what he'd be worth if fully fit and hunted. As I said my friend suggested £500, which I thought was a bit too low, and I certainly am not out to get something for nothing. I'm happy to pay the money if the horse is worth it. I just wanted an opinion on the current market, as I am haven't sold or brought a horse for a couple of years.
I am just going on what I see in the classifieds at the moment, and what I have looked at already.

be Positive, he is 8 years old, 16.1hh, and as to whether he is spoilt or not, I don't really know yet, but he is still of a young enough age to work with.
 
Is it an ex racer?

Considering that it has bene fit and has hunted I would imagine the price would be higher if he were fit so I would be wondering why he is being sold effectively from the field

If you are taking a punt then I guess £600 would be the mark. If there has clearly been some good work put in to the horse and they can demonstrate this then I would say their price is pretty fair
 
WelshD said:
Is it an ex racer?

Considering that it has bene fit and has hunted I would imagine the price would be higher if he were fit so I would be wondering why he is being sold effectively from the field

If you are taking a punt then I guess £600 would be the mark. If there has clearly been some good work put in to the horse and they can demonstrate this then I would say their price is pretty fair
Click to expand...

Yes, WelshD, ex hurdle racer. I have been given the reason of new job = less time, but right now I do not know how long he has been left for.
 
At the end of the day, a horse is worth what someone is willing to pay for it or what someone is willing to let it go for. I have seen lots of variation in the market recently and some quite similar horses going for very different prices. It really is a buyer's market atm, you can pick up some crackers for very very cheap. I would agree with others that you could offer around £600ish and see how you go. If you really like him and the seller won't let him go for less than £1000 then I guess you have to make a decision. Good luck with it :)
 
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