How much over your limit when buying?

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Peanot

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If any of you lovely peeps out there were looking for a horse and you have a price limit, how much over your limit would you look for through the ads?
Wondering as there are a few horses out there that tick all my boxes but are above my limit.
Thanks :)
 
Depends on how much the horse was first up for

Anything under £800
Around £50-150

Under £1500
A few hundred

Under £4000
Maybe £500

But I do know that no offers is becoming more popular. It also depends how desperate the owners are
 
My horse was on for 10,000 and I offered 8,000 earlier this year!! :eek: Was very cheeky but I discussed the price with the owner before hand so didn't waste her time. She was also more concerned about finding a nice home rather than £££ so it worked out well! I really don't think horses are selling well at the moment and a lot of people are desperate to sell as going to uni, winter on the way etc.

In this market I would definitely be looking at horses 1/2k above my budget! :p
 
I think it depends on your limit to some extent,if you try a horse several £k over budget that is perfect but the owner will not drop,can you meet 1/2 way,or walk away.
Once you have found THE one it will be hard to walk away and even harder to match and find one as good.
So yes it is worth a call,ask if they are open to offers,say it is a bit over budget,if they are not going to consider offers dont waste your or their time.

Most people expect to do a deal I usually expect a 10-15% drop but possibly a bit more if needing to sell quickly.
 
Fairy Dust said:
My horse was on for 10,000 and I offered 8,000 earlier this year!! :eek: Was very cheeky but I discussed the price with the owner before hand so didn't waste her time. She was also more concerned about finding a nice home rather than £££ so it worked out well! I really don't think horses are selling well at the moment and a lot of people are desperate to sell as going to uni, winter on the way etc.

In this market I would definitely be looking at horses 1/2k above my budget! :p
Click to expand...

Thats promising then thank you. You were cheeky and it paid off. ;)
So its worth asking over the phone before viewing. Thats an idea, thanks. I was worried about wasting peoples and my time if they didnt want to budge on the price.
 
Depends on your budget in the first place (am I correct in thinking you are looking for a fairly push button lower level eventer, but also able affilliate at BD abd BS??), they don't come cheap (even in this market). I tried to sell that exact horse at the beginning of summer and got so annoyed by cheeky offers, and people trying her several times and watching her at comps, and then saying they could only afford just over half the asking price (it happened!) I took her off the market and kept her for myself!

Having said that I would phone up about a horse over budget (prehaps by up to 10-15%), but I would be open to the sellers at the word go, and say straight out that I would be making an offer. This way you don't waste each others time, and you don't risk falling in love with a horse you cannot afford.
 
Yes CM you are correct. :)
I have been looking at 10% higher than my max budget, so I`m not far wrong then. I`ve only been to see 3 horses so far and one was 10% higher than budget and the other 2 were slightly under budget.
I would definately not go and see a horse unless I`d checked with the owner if they would drop the price if it was over budget. I`ve just sold a horse so I know how frustrating it is with potential buyers. For example we had a few people come to see her and she didnt put a foot wrong etc and they seemed really pleased and a couple asked if they could come back for a second visit, and then we`d hear nothing at all.
All 3 horses I have seen, I have e-mailed the owners and explained why I have decided against buying the horse, as I think this is only polite.
 
I sold a pony at the begining of the year, I was not looking to sell it but they offered me £500 less than I thought it was worth. My decider was, did they know what they were doing and would he progress? I think if you going to offer a lot lower price you have to reassure the vender that its not a whim and you are out to make a fast buck.
 
I agree that most people expect to get an offer and that about ten percent under would not be unreasonably cheeky so sounds like you aren't being unrealistic at all.
 
Have just bought a pony which was about double my original budget. The sellers wouldn't drop the price. But he was far and away the best one we tried. i still think I overpaid for him, but my daughter is so happy that I think he was worth it.
 
It depends. I had a measly budget of 2000 for a family pony that was safe and sound and then spent 3000 on a youngster who I have high hopes of turning into the paragon of virtue we were looking for as those types are rarely on the market and never in my original price range unless there was something seriously wrong health wise. I don't feel I overpiad at all and he's an investment. Be honest with yourself about whether budget and requirements match and I think 10 per cent over is reasonable. Anything more, do the decent thing and ring the seller first, then its their choice whether or not they want to spend the time on the viewing.
 
If someone called me and said honestly "I have seen a few things already but I'm looking for something quite specific and although yours is slightly over budget there are a lot of ticks in boxes " I woudn't turn them away from looking - cards on the table and all that
 
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