Horse prices- low end

scats

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I’ve been accompanying a friend horse shopping for the last few months and we were having a discussion about prices after yet another disappointing viewing.

Friend wants a little project- 13-14hh (cob, cob x, native type ideally) She doesn’t want a world beater and would prefer backed or just backed. Its simply meant as a rideable companion- something she can hack out but also play in the school with and do some basics- walk, trot, canter and maybe pop a minuscule fence. There are no aspirations to compete or anything.
She loves green horses but does prefer them to be forward off the leg initially. Knowing the prices have gone crazy, she does have up to 4k to spend, though realistically what she wants would previously have been in the 500-£1k bracket.

But she is getting despondent with the prices people are asking for seriously green, lazy and uneducated animals and is struggling to allow herself to consider parting with cash for animals that are not worth anywhere near that amount.
What she is finding is a load of ponies who have had a very poor start due to novice or under-equipped owners, who are missing huge chunks of basics, being advertised between £3-5k.

Some examples-
A 4 year old section c who was a pig for the owner to tack up and then bucked, napped and spooked while the owner rode. I advised her not to get on as I didn’t trust it wouldn’t deck her. That was one of the better priced at £2.5k (I’d have given them £500 tops).

A 5 year old green coloured cob mare with a prior leg injury, green as grass. Owner novice and clueless. £3750

A 5 year old native, backed last year but barely ridden since. Very stuffy, ears back and bucky, friend was dripping in sweat when she got off as it was such hard work to get moving forwards. £3750

At most, friend said she’d be willing to take a punt on something like the native at £1.5k and restart them properly. Obviously this was turned down.

I can see the higher end of the market staying up- your decent competition potential, or the green but sweet and willing youngsters, but is this really where we are with the low end?
Uneducated young ponies owned by children or novice people who haven’t done a great job with them but still expecting thousands of pounds?
Friend is, and I agree, struggling with the idea that she is going to have to potentially part with a substantial amount of cash to take a punt on a stuffy project. Unfortunately she doesn’t have the budget for anything better (nor does she really want anything else).

Having always picked up bargain basement types myself, I’m also struggling getting my head around the new prices, but as I said to my friend, someone must be buying them, because they do end up selling eventually.

I wonder what peoples thoughts are or if anyone else feels the same about the way prices have gone.
 

Bellaboo18

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I think the problem is, she wants what a lot of people want. Most people don't want a world beater, most want to tootle around the school and go for the odd hack so they will sell pretty quickly if they're pleasant enough.

Having said that, I do get that horse shopping is pretty miserable so you both have my sympathy.
 

Highmileagecob

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Yes. Have been sort of looking for a first ridden for the grandchildren, and I'm surprised at the wording of some of the adverts, the assurances that said horse has 'done everything,' it does everything bar make the farrier a cup of tea, and then the words 'not a novice ride' or 'nice project' creep in at the end. Oh, and it's usually around four years old too! Do you think people are trying to recoup the cost of running them on over a winter?
 

sollimum

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I think the problem is, she wants what a lot of people want. Most people don't want a world beater, most want to tootle around the school and go for the odd hack so they will sell pretty quickly if they're pleasant enough.

Having said that, I do get that horse shopping is pretty miserable so you both have my sympathy.
Exactly this - lots of people want a low level friend that they can potter on.
 

honetpot

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I think it very rare for young pony to be off the leg, in fact unless you have lots of time its the last thing you want. They take about a year to get their fifth leg, and attutude and then that is when usually when the problems start.
I used buy just backed and sat on, if it could wander up the road in traffic, and stood still to be tacked up, that was all I wanted it to do for my then novice children, we then put the work in. Bought this time of year they would be ready for quiet PC rally ridden in a group by Easter. Most people have no idea how much time it takes to make an allrounder pony, probabely as much as a sports pony, so to them the little they have done, seems worth more.
I have been looking on Preloved, most are over priced but in that price range everything will need time and training. If your friend wants something that is truely 'made' , its got to be more. I stopped selling our ponies when I realised that no one wanted to pay what they were worth, I could not replace them for three times the money, so I loaned them out, or they sat in the field.
The only pony I sold because it we had no one to ride it, and it was a proper smart FR that my friends novice children rode over the summer like a bike, I sold for £2.5k and after a year a PC its was being sold for £4k, and that was over ten years ago.
 

Upthecreek

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Prices for every type of horse have gone up though, so it’s all relative. 5 years ago you could get a nice all rounder for between £4000 and £5000 and now you’re looking at double that, same for anything with a decent competition record. It’s unusual to see anything decent advertised that has been well started with no issues under saddle that isn’t physically broken for under £3000 now.
 
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Btomkins

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Depending if she likes the more cobby, hairy types and would consider a 3 year old totally unspoilt, unbacked gelding I might know of something. Been to a few shows and seen the world a bit but not started at all. Might be worth going cheaper unbacked without issues and spending the extra getting the horse backed/schooled. Once backed the price shoot’s up - especially if it’s been properly done!
 

maya2008

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I think it’s her expectations not the prices that are an issue. That along with her ability to ask the right questions on the phone. You can tell a huge amount from chatting to someone, so then you know exactly what you are going to see and it isn’t a surprise.

If she’s going to look at young, green and done very little though, then she should expect to see exactly that, not a nicely schooled pony who’s done loads and is nicely off the leg. Young ponies find arenas hard work and often get tired quickly out hacking, especially if they haven’t done much so are not fit. They don’t come out of the box with all the buttons pre-installed and with a load of energy unless they are a well bred sports type, and those were £1000 or more at 3yo and unbacked 20 years ago.

If she is able to restart a pony, then she can start one - so look at something unbacked and of a more sporty disposition (finer built!). Then it will go forward more easily and the buttons will probably be there almost from the start.
 

Widgeon

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Is there anything to stop her buying a very cheap unbacked youngster, keeping it as a companion for a year, then paying the difference to send to a professional for backing? It would appear that you can still find scruffy cob youngsters for peanuts, which would leave a few thousand for professional backing and assistance.
 

SEL

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A friend has just taken on a 3yo cob from Redwings who is nice on the ground, done some in hand work with their staff and I think will be straightforward to back. It's worth looking at charities
 

scats

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She recognises that young and green ponies are not going to be fantastic in the school. She has backed many herself over the years but now prefers that part done for her (she says kids have made her wimpy!)
What she wants though, is a pony that if you apply a bit of leg, goes forward, even if wobbly with no steering. Not one that pins its ears and bucks then refuses to move. She’d happily pay £4k for something that simply moved off the leg into walk or trot. That’s all it had to do. Go into walk and trot without a fight, even if it doesn’t stay in it.

All the ones I have backed over the last 30 years have all had the basic ‘fowards’ instilled in them straight away, even for just hacking. Yes ive had the lazy wobbly baby when they are starting out, but ear pinning and bucking at any leg pressure seems to be the go-to for a lot we have seen. I mostly hacked the babies for the first 6-9 months, but if I’ve taken them into the school for a pootle, I have expected them to be able to trot a long side without argument.

We maybe naively felt that the 13-14hh range wouldn’t be what everyone is looking for, but perhaps we have got that wrong.

Anyway, interesting to hear different perspectives. Maybe she needs to either increase her budget or give it up as a bad idea.

I agree that prices used to be too low but I do think that prices for the low end are now quite ridiculous in many cases.
I see a lot of FB friends advertising distinctly average ponies for 5k and then putting posts like “how has he not had any viewings?”

Thanks all for the thoughts.

We are North West based but will travel (within reason).
 
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SO1

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4k should be plenty to buy just backed and ridden away small cobs. Registered natives suitable for showing is a different price range.

It is possibly that the cob type that has mainly done hacking is not forward off the leg due to it's nature. Especially if mainy hacking in company following others. Another issue may be poor saddle fit in youngsters that are rapidly changing shape.
 

Equi

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Would she consider Northern Ireland export? Don’t know price though.
 

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ihatework

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Why doesn’t she go to the Welsh sales and buy an unbacked 3yo and make her own or invest in sending it for good backing.

Problem is it’s a skill to make a nice riding horse, so you either make your own or need to be prepared to pay the price for someone else to have done a good job.
 

SO1

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Within budget

 

gallopingby

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Prices comes up so often these days, l wonder what planet people have been living on! so many people wanting a cheap pony but equally want it to have been nicely bred, correctly fed/handled/ backed/ schooled.
My advice is always to look at a rescue centre or maybe for a loan that someone genuinely doesn’t want to sell but is happy to let it go on loan on whatever terms THEY decide. You may be lucky and pick up an unbroken 3/4 year old at a sale or may find an older pony not at a sale just looking for a nice happy home.
Going back to basics though many people stopped breeding because it simply wasn’t worth the hassle, therefore there are less horses/ponies about than there once were especially in the 13-14 hands range which is a useful height for people in the mid height range which includes children and even older adults. So …it costs around £3000 to get a foal on the ground - that’s including stud fee and keep of the mare, and then at least £1000 at a very minimum until 4 years old when it’s time for a bit more work, either the breeder is able to do this or pays someone else so that’s about £250 a week for xx weeks by which time you should have something you can sit on and will go forwards happily for its age and level of experience. Maybe people need to do the sums! It’s hardly surprising so few people are breeding these days and the future isn’t looking good for many of the registered types. There are always plenty of retired racehorses about, perhaps that would be a better bet?
 

IrishMilo

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Welsh Cobs are usually cheaper than most. But yep, I remember when you could buy a project for £1000 or £2000 for something REALLY fancy. A friend is looking for a Cob for showing, happy with unbacked etc. and some are 8 - 10k!
 
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