How much below the asking price?

R

Rocky715

Well-Known Member
Joined
17 June 2008
Messages
484
Location
Buckinghamshire
Visit site
I am looking to buy my second horse and only have a budget of around £4500.

Are we still in a buyers market? I am not sure whether to look at horses above my budget as well... and obviously offer a lower price?
xx
 
This is an interesting question, and one I'm interested to hear replies to.

I'm guessing with the recession hitting harder than ever it is a buyers market, however quality always comes at a premium and is always marketable so maybe the horses in your price range are holding their value. My 1st horse budget is 2k so I imagine there are more of these happy hacker 'bargains' to be coming onto the market. As I say, I'm interested to hear opinions on this one. I hear a lot about how bad the recession is in Ireland, so I'm wondering if thats a good source, although you may not want to go to the trouble of importing a £4k horse.

Can any dealers out there give us a realistic summary of the current horse market? Any £2-5k private buy/sell experiences?
 
I think this is a difficult one. Id say it depends on how desperate the seller is to sell and how desperate the buyer is to buy. A good horse, priced right should sell no problems. I think the problem for some buyers and sellers is the seller thinks the horse is worth a lot more than it is, so buyers view, like but realise its overpriced, offer less, seller refuses so the buyer walks away and the seller cant understand why their horse isnt selling.
I had a similar problem buying a horsebox. Id travel miles to see something and get there to be dissapointed with often massively over inflated prices. On the other hand the good ones, priced correctly were sold before we got there. It amazed me how many people were actually spending money considering we are supposed to be in a recession.
I think you have to way each horse up individually. If its worth the money, offer a bit less, if itsnt worth the money, offer a lot less and be prepared to walk away.
Good luck.
 
Depends on the seller and what you are looking for. We have just bought a lovely horse who was within your budget. The seller, who is a star, was more interested in her horse going to a good home than in making money. We fell lucky but they are out there.
 
Depends on the seller, some wont move £1, but you also needs to think about how you would feel trying a horse over budget and falling in love only to have any offers refused. Some people advertise with a lower price in mind, whilst others look at you as if you are mad if you make a offer.
 
I have just put my horse up for sale and I have "or near offer" on the ad. To be honest for me the home is far more important then the price but equally I can't afford to give her away! I think it's something you have judge when you arrive at the sellers and how much you think the horse is worth. It is very hard to judge how much your horse may be worth as we view them through Rose tinted glasses.

It's also a relief to hear people are still buying horses as I have been told that no one appears to be buying but I am hoping people are still interested in allrounders.

Good luck with finding your new horse.
 
I always make an offer...sometimes even half the asking price!!! Did I get him....yes! I do look at ones priced over my budget and offer what it is worth to me. I generally increase slightly but am prepared to walk away rather than pay over the odds. Most dealers will do a deal, those that pay full price are the exception not the rule.
 
something that is not TB (been there done that and got the vet bills). maybe a nice connnie, or connie x? around the 15.2 mark and between 5-8 years old! i wanna go out and have FUN!! :)
 
You must log in or register to reply here.
Top