Horse market has simply gone nuts.

hock said:
What would you call a sensible price for a 3 yr old ISH. Genuine question? Photo of said golden child!
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Is he started at all? If he has done a bit then get him sat on as that will increase his value (much less risk!)
Can he be shown popping a small fence loose? If yes, again that will increase the value as shows potential.

If no to both of those but he's a nice person that will pass the vet then 5k would sell him quickly, 6.5k would take a bit longer and there's plenty of others around at that price.
If he's backed and showing promise you'd be talking 7k upwards, depending on quality
 
hock said:
What would you call a sensible price for a 3 yr old ISH. Genuine question? Photo of said golden child!
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I'd pay £4k. The market at the moment says about double that but that moment is very quickly passing and horses aren't selling as fast. If I was selling right now, I'd lower the price a bit and make the most of the dreg ends of a hot market. Give it a couple of months and further cost of living increases and horse prices will return to pre-covid figures.
 
hock said:
What would you call a sensible price for a 3 yr old ISH. Genuine question? Photo of said golden child!
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The price that can be achieved on 3yos is very variable and in some part that can come down to marketing.
I don’t know the market that well for pure IDs but I suspect that photo does your lovely horse a huge disservice. Unless I was very much looking for an ID of the bloodlines advertised I wouldn’t even call.
I’d expect him advertised in the 3-5k bracket to sell.

Now … present him differently, show him bitted, moving nice & balanced, popping a fence loose etc and I’d expect 5-7k
 
Elf On A Shelf said:
We have a few for sale *cough*overpriced*cough* and no one wants them.

So if anyone wants 15.2hh petite 6yo mare who would make an epically fun yeehaa round the countryside kind of horse then put your hands up and come see her!
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I do look at those ads and think um, ok, nope not at that money :)
 
throwaway2022 said:
I’m still holding out hope of picking up a bargain in winter, albeit likely more expensive than years gone by
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wasn't any cheaper the winter just gone, we didn't find anything cheaper! We ended up paying 2k over what we wanted to spend as there were so many dodgy people selling out there when we finally found our golden pony we paid the asking price without hesitation!
 
jj_87 said:
I do think the market is going to bottom out soon, surely with the cost of living through the roof people genuinely soon will have to make decisions between the cost of fuel and heating and a horse. Especially people who scrabble through in order to have a horse!
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sadly a lot of horse people will not feel the effect of this!
 
The market is still crazy and isn’t slowly down! My friend is looking for a horse at the moment. Found a gorgeous 15.2 5yr old for 7.5k (only backed 6 months ago, not done much) to sadly see he had a big sarcoid right on the edge of his eye. Vet said not worth the risk and a lot of money for a potential risk in a dodgy place to treat.

She’s going to view an 15.2 tomorrow for close to 10k that’s a cob with some hunting experience.

I honestly reckon I could sell my nice 4yo 15.2 ISH mare for close to 10k in the market currently, doing a bit of everything and potential to event. Saw a mare for sale for 8k and light hacking only due to arthritis.. advert now says sold!
 
Hormonal Filly said:
The market is still crazy and isn’t slowly down! My friend is looking for a horse at the moment. Found a gorgeous 15.2 5yr old for 7.5k (only backed 6 months ago, not done much) to sadly see he had a big sarcoid right on the edge of his eye. Vet said not worth the risk and a lot of money for a potential risk in a dodgy place to treat.

She’s going to view an 15.2 tomorrow for close to 10k that’s a cob with some hunting experience.

I honestly reckon I could sell my nice 4yo 15.2 ISH mare for close to 10k in the market currently, doing a bit of everything and potential to event. Saw a mare for sale for 8k and light hacking only due to arthritis.. advert now says sold!
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You definitely could! I have no issue with paying more for a nice horse like yours but what I really dislike it that this market pushes the price up of ones which are totally green or have issues to 4 or 5k which to me is bonkers!

You see people scrambling over themselves to view cheap horses that you know they will try and sell on..I know a lady who keeps buying semi-feral ponies, she breaks them in then puts them in her 'riding school' (no licence or anything) and then has novice kids on them...a few months later sells as ideal kids ponies 'that have been used in a riding school' and gets 4-5k for them!! Bonkers
 
Elf On A Shelf said:
Your not the only one ? I'm writing them and I am think "hmmm, might take a while to find these ones homes" ?
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Why are they priced fairly high? Especially when not great conformation. Is the idea that if sell at decent price they will find a decent home, and not a dealer / person planning to flip them as fast as possible?
 
Fieldlife said:
Why are they priced fairly high? Especially when not great conformation. Is the idea that if sell at decent price they will find a decent home, and not a dealer / person planning to flip them as fast as possible?
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Precisely this. We want the horses to go to long term/permanent homes as much as possible.
 
Hiya

Yes he’s been beautifully backed and lightly ridden away by a GP rider that has given him a super grounding. The photo is poor and he’s in his scruffs from living out for 3 years (all my babies live out 24/7) and is nothing like his advert - however it shows you a lovely back end, intelligent face and a super shoulder. I still haven’t lowered his price .. he’s too nice to give away and at £6k he wouldn’t break even at that price. I personally think the market has gone now which is why I messaged about it really. I can’t decide what to do with him, my husband says to bring him home and turn away.
 
hock said:
Hiya

Yes he’s been beautifully backed and lightly ridden away by a GP rider that has given him a super grounding. The photo is poor and he’s in his scruffs from living out for 3 years (all my babies live out 24/7) and is nothing like his advert - however it shows you a lovely back end, intelligent face and a super shoulder. I still haven’t lowered his price .. he’s too nice to give away and at £6k he wouldn’t break even at that price. I personally think the market has gone now which is why I messaged about it really. I can’t decide what to do with him, my husband says to bring him home and turn away.
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Most people looking at ISH will want it to event- do you have any photos/ video of him popping a fence either loose or under saddle? If he's going well under saddle then I agree that 6k is too cheap, but make sure you're appealing to the right market
 
TheMule said:
Most people looking at ISH will want it to event- do you have any photos/ video of him popping a fence either loose or under saddle? If he's going well under saddle then I agree that 6k is too cheap, but make sure you're appealing to the right market
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Oh yes lots and turned out etc and videos but I didn’t want to out myself online .. it’s full of nutters you know ?. I just need to man up and decide to keep or sell and take him home or drop his price. This forum is great for “mulling pony stuff” for me. For the record I think he’s too heavy for pure BE he’s more of a middleweight. The genera consensus is he’s a pure BD horse that’ll be right for a good amateur to take through the levels despite not a drop of warmblood in him.
 
ihatework said:
The price that can be achieved on 3yos is very variable and in some part that can come down to marketing.
I don’t know the market that well for pure IDs but I suspect that photo does your lovely horse a huge disservice. Unless I was very much looking for an ID of the bloodlines advertised I wouldn’t even call.
I’d expect him advertised in the 3-5k bracket to sell.

Now … present him differently, show him bitted, moving nice & balanced, popping a fence loose etc and I’d expect 5-7k
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This isn’t his advert photo just trying to stay anonymous online. However I must say there’s a lot to like about the conformation in that photo even though he’s not at his best obviously.
 
I’ve been looking
hock said:
This isn’t his advert photo just trying to stay anonymous online. However I must say there’s a lot to like about the conformation in that photo even though he’s not at his best obviously.
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I’ve been looking around online, he’s the sort that I’m looking for and most are around the £7.5-£9.5k mark
 
I rarely post on here these days, but I remember a time, long ago, when interest rates went even more crazy than was normal at the time.
I had two horses in the 70's, a yard of my own and rented extra grazing. Inflation was running at 10 - 15%, then we had the hot summer of 1976. Due to the scorching summer most people started feeding hay in August as the grass was burnt off. The hay crop had also been very small. Then the price of hay tripled, and of course hard feed was rising by the week. Suddely keeping horses became a liability. Prices dropped and it was difficult to sell them (although there was and always will be a market for the creme de la creme). I dropped down to one, but it was a very hard time.
I agree that horses seem to have been underpriced for many years, but I don't see how the current (apparent) demand for horses, and people willing to pay what seem to me to be very high prices for some very ordinary beasts, can continue. Inflation is going to continue to rise, along with interest rates. Times are going to get very hard indeed with another change to the energy cap in September which means another thousand or so on our power bills. Add that to the cost of fuel - well the cost of everything - and it going to become a matter of priorities.
Perhaps people are asking higher prices to enable them to create a cash cushion for themselves? I know that if I had horses now I would be looking at all ways of saving money, like buying all winter hay and bedding needs now (prices are only going to rise) and getting rid of surplus beasts - preferably at a profit. We are already seeing the price of puppies falling and more and more are being abandoned or put up for rehoming. I can see similar happening to horses come the autumn and prices will drop. Times are going to be very hard indeed.
 
Im in the market for a nice 3yro, offering a super, experienced home.

I've enquired about a few but they are just too expensive by £2-3k at the moment for me to commit- and they all seem to be 200 miles away.
I can't really tell if they are worth the extra £££ as most people don't have good, stood up, photos and literally no-one has decent videos to send.

I will sit and wait for the right horse and right price- the stable is at home and I have my own homebred to ride so not in a hurry.
 
Tardebigge said:
I rarely post on here these days, but I remember a time, long ago, when interest rates went even more crazy than was normal at the time.
I had two horses in the 70's, a yard of my own and rented extra grazing. Inflation was running at 10 - 15%, then we had the hot summer of 1976. Due to the scorching summer most people started feeding hay in August as the grass was burnt off. The hay crop had also been very small. Then the price of hay tripled, and of course hard feed was rising by the week. Suddely keeping horses became a liability. Prices dropped and it was difficult to sell them (although there was and always will be a market for the creme de la creme). I dropped down to one, but it was a very hard time.
I agree that horses seem to have been underpriced for many years, but I don't see how the current (apparent) demand for horses, and people willing to pay what seem to me to be very high prices for some very ordinary beasts, can continue. Inflation is going to continue to rise, along with interest rates. Times are going to get very hard indeed with another change to the energy cap in September which means another thousand or so on our power bills. Add that to the cost of fuel - well the cost of everything - and it going to become a matter of priorities.
Perhaps people are asking higher prices to enable them to create a cash cushion for themselves? I know that if I had horses now I would be looking at all ways of saving money, like buying all winter hay and bedding needs now (prices are only going to rise) and getting rid of surplus beasts - preferably at a profit. We are already seeing the price of puppies falling and more and more are being abandoned or put up for rehoming. I can see similar happening to horses come the autumn and prices will drop. Times are going to be very hard indeed.
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I also remember that hot summer of 1976 - people even cut and baled the road verges to get a bit more hay!
 
millitiger said:
Im in the market for a nice 3yro, offering a super, experienced home.

I've enquired about a few but they are just too expensive by £2-3k at the moment for me to commit- and they all seem to be 200 miles away.
I can't really tell if they are worth the extra £££ as most people don't have good, stood up, photos and literally no-one has decent videos to send.

I will sit and wait for the right horse and right price- the stable is at home and I have my own homebred to ride so not in a hurry.
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A friend is selling a rising 3 yo Connie/Tb filly. 15.2. She broke her neck in the winter hence is selling as has decided backing is no longer an option - but bought as a foal as her next eventer and was excited about her. PM if you are interested. ell m

Folk, please tell me to delete if this is not allowed. It;s not my horse though!
 
Definitely still nuts! A friend of mine enquired about a horse that had failed vet on something that shouldn’t bother it in low level/intensity work. Lovely horse, well bred and a solid temperament that was just moving up to elementary. She was a bit taken aback when owner said that she’d sold for 35K but buyers backed out after vetting, so she was now looking for 25K! Said friend was hoping to take a chance on it for the right price ? joking aside, you would only be able to insure for 5K value without a vetting, and known issue would be excluded, so limiting potential buyers to people that can afford to lose 20K ? NUTS!
 
Ambers Echo said:
A friend is selling a rising 3 yo Connie/Tb filly. 15.2. She broke her neck in the winter hence is selling as has decided backing is no longer an option - but bought as a foal as her next eventer and was excited about her. PM if you are interested. ell m

Folk, please tell me to delete if this is not allowed. It;s not my horse though!
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Thanks for the thought- unfortunately too small, I am 5'11 and really only like them 17hh+, anything smaller feels like a pony to me!
 
Tardebigge said:
I rarely post on here these days, but I remember a time, long ago, when interest rates went even more crazy than was normal at the time.
I had two horses in the 70's, a yard of my own and rented extra grazing. Inflation was running at 10 - 15%, then we had the hot summer of 1976. Due to the scorching summer most people started feeding hay in August as the grass was burnt off. The hay crop had also been very small. Then the price of hay tripled, and of course hard feed was rising by the week. Suddely keeping horses became a liability. Prices dropped and it was difficult to sell them (although there was and always will be a market for the creme de la creme). I dropped down to one, but it was a very hard time.
I agree that horses seem to have been underpriced for many years, but I don't see how the current (apparent) demand for horses, and people willing to pay what seem to me to be very high prices for some very ordinary beasts, can continue. Inflation is going to continue to rise, along with interest rates. Times are going to get very hard indeed with another change to the energy cap in September which means another thousand or so on our power bills. Add that to the cost of fuel - well the cost of everything - and it going to become a matter of priorities.
Perhaps people are asking higher prices to enable them to create a cash cushion for themselves? I know that if I had horses now I would be looking at all ways of saving money, like buying all winter hay and bedding needs now (prices are only going to rise) and getting rid of surplus beasts - preferably at a profit. We are already seeing the price of puppies falling and more and more are being abandoned or put up for rehoming. I can see similar happening to horses come the autumn and prices will drop. Times are going to be very hard indeed.
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My husband said that grass was in such short supply that year that his father cut & baled grass verges.

Agree, before long the market will be flooded and there will be bargains galore for anyone who can afford the running costs.
 
05jackd said:
Now - I have no problem with nicely produced horse making good money, but recently we seem to be bordering on ridiculous.
Today I saw an advert for a warmblood. Has been in and out of work for 2 years. Not a novice ride. Kissing spine op, hocks injected, tendon strain and only 6 years old but for sale for £7k as a riding prospect.
Surely I’m not the only one thinking this is ridiculous?
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It’s insane still isn’t it? And yet all we hear on the news is how everyone’s going to either starve or freeze to death this winter?!?‍♀️?‍♀️
 
hock said:
I have an ISH on the market right now and he’s super but my reluctance to sell him has shone through as he’s by the sounds of is too expensive as not had a call about him. Everything else I’ve ever sold has either been spotted in the field or gone to the first to see after a huge amount of calls. Ironic really as he’s the by far the best of the lot! I do want to sell him but to someone deserving of him. I’m going to price drop him this weekend but I’m dreading it as he’s only a 3 yr old and I don’t want some gangster trying him ?. Bizarrely I had a load of messages from FB for him but no visits but. It a single enquiry from HQ. 3 year olds are tricky to sell though.
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Please can you let me have the ad ref for HQ? ?
 
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