help with valuing my loan horse please

Jericho

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Story is that the owner of my loan mare has said she wants to sell her in the summer and would really like me to buy her at reduced price. We havent discussed price yet so was hoping for some words of wisdom....

She was advertised for sale back in September for £3500 - is (now) 12yr old 15.1hh grey mare Connemara X TB with Hildenly as sire. Has done a lot of Pre and Intro level eventing, sometimes in the placings mostly not but fairly consistent. I have had her on loan since September as owner was struggling I think financially and to find her the right home (she responded to my Wanted on Loan ad).

Very easy mare, good doer, not stressy or nappy at all, not marish, never shows any sign of being grumpy, hacks out alone, good in traffic, clip, shoe, load, stands all day at shows. I have only really done prelim dressage with her and her tests (mainly due to me being tense) are around the late 50s/ early 60s but she does work really nicely in the school when I am relaxed although she does have a tendency to be a giraffe and finds it difficult to be soft in the contact and quickly reverts to old ways when I get tense. for this reason I dont think she would be many peoples cup of tea. She is a jumping machine (but loses all sense of the correct way of going) and loves it, I have done a little 2ft 3 XC and she flew around but that is not my first love (I am scared rigid tbh). Her only issues if I am being picky is that she can be a little moo to catch and she is also quite aloof (as I dont think she really has had a close bond with humans during her early life.)

She hasnt the greatest confo - i.e long back and neck a little weak (but that is only because I only really hack and do a little dressage) but she has amazing feet!

Would I have bought her as opposed to loaning her when I first set eyes on her - not sure, as she was very aloof, tubby, smaller than I wanted and her passion isnt my passion i.e. dressage. She can be very strong and I dont feel that I can really make a lot of difference to her flat work as she seems quite set in her ways especially with regard to walk work. In my perfect world I wanted a 16.1hh WB coloured gelding!

She is a really fantastic little mare and in terms of her stable manners and being round her she is perfect (especially as I keep her at home and my children can handle her as well.) As to whether she is my perfect ridden horse I am not so sure....but I am worried as to whether I am focussing on the negative when in fact I should be thinking that it is a case of better the devil you know and her other qualities are all things that shouldnt be taken lightly.

Thanks for reading this far and please help if you can as I going to have to make a decision soon and what do you think she is worth (bearing in mind she hasnt done a great deal with me and I paid all costs inc inj/vacs over winter). I couldnt / wouldnt be allowed to pay £3500 for her (OH controls the purse strings on this one!) so I do feel that I have been fortunate enough to ride a horse for the last 6 months who is better than I could otherwise have afforded!

PS I also have a 16.1hh gelding at home who I had to retire due to navicular and is an incredibly bad doer and a real stress head...
 
I would think given her past eventing history she sounds an ideal schoolmistress in some respects but I don't think she is worth 3500 given her age as her value will now depreciate as she is at the end of the prime years where people are willing to pay good money for them. I would think 2500 would be a fair price from what you have said.
 
I'm rubbish on prices but I have to say, you don't sound wildly enthusiastic about her and you admit she doesn't like to do what you love. Do you really want to buy her?
 
Agree with Indiat! She sounds a fab PC horse for XC and showjumping.. do you really want that?? Will you get frustrated in the future by her flatwork?? Or will you gain confidence and enjoy jumping her?

If you really dont want to do much jumping perhaps she isnt the one for you....

The intro and pre novice eventing, was that BE? If she is consistent and a confidence giver at BE she will easily be worth 3.5k all day long, in fact thats giving her away and 5k would be closer to the mark. Especially for a PC mother wanting to see their teen taken safely round an Intro..

If its not BE and its RC then I agree 2.5k would be about right.

Just have a think if she really is the one. If you buy her thats it shes yours and you cant just hand her back if you change your mind.. you should know in your heart of hearts if you couldnt bare to let her go or if you could hand her back and not miss her too much.

Also think about what else you could buy with the same amount of money.. perhaps do a little market research, go and try a few in your budget and that might help you make up your mind if to keep her or not? Alternativly you may be able to find a fab ex event horse or something who cant jump much anymore but who is a fab dressage schoolmaster.. I see some of those for loan/sale from time to time.
 
Actually, I think £3500 is a good price for her As Spike says, she is a schoolmistress type and would be a great horse for a teenager. But hopefully you would get her for much less.
But if she isn't really exactly what you want, then you might end up regretting your decision to keep her.
For me personally, half the fun of having my horse (and after tomorrow, my horses) is the close bond of cuddles and petting them. I would be disappointed if my horse was aloof and didn't enjoy being made a fuss of. But as I said, that's just me...
Good luck in making your choice, sorry not to be able to be more helpful.
 
if she was competing at affiliated BE then £3.5k is actually quite cheap!

however, she doesn't sound like the perfect horse for you so perhaps have a look around and see if there is something more dressage minded for your budget?
 
You know, mares take ages to bond with their human. Mine can still be aloof after 2 years, especially if she sees me leading another horse. If you don't want to jump, she may not be for you. But if you do and are scared, she loves jumping and doesn't stop, she sounds perfect for building your confidence and taking you easily to where you're comfortable. Late 50s/early 60s for a horse whose heart isn't really in it are really good dressage marks, especially as she may do better with less rider nerves. I think £2.5k would be a very good price for her, do you think the owner would sell for that?
 
yes it was BE. Its so difficult. I have had a look around for horses similar and they differ in price so much and I probably wouldnt find another horse like her especially as she really does not have any quirks (and I know its quite hard to find horses that really are as easy as she is!). The cheaper ones are TBs and after having my boy who is retired I really dont want to go that route again. Its just this dressage thing niggling me and its not even as though I do anything but prelims about once every other month!

I also think any new horse would have a lot to live up to and I just have this feeling I would regret letting her go!
 
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