How to be fair, what would you do?

M

MrsD

Member
Joined
20 April 2010
Messages
10
Visit site
I put a pony out on loan and she's coming back next year, since shes gone on loan I've given up horses and would like to sell her when she comes back. The loanees wouldn't buy her as the rider will be getting to big and moving onto horses.

Prior to her going on loan she was a well schooled allrounder/excellent jumper etc however she'd never been competed, the people who have her have done a lot of competing, lessons and training with her (you name it they've done it) and have had a lot of success in whatever they've done..and they've greatly improved the ponies experience.

My dilemma is that they have raised her value significantly, if she sells I'd like to pay the loaners the money/excess that's over her original value before she went on loan (If that makes sense) which could be up to 1k maybe more.

I don't want to be someone who sells on for a profit after someone else has done all the work, to say they've really done a great job is an understatement. Not really bothered about the money, just doing the right thing.

Now is that absolutely completely bonkers or fair? has anyone done the same? What would you do in my position?
 
Last edited:
To be honest i dont think you need to do that, as long as you offer her to them first (at a reduced cost maybe) then i would just sell her for what she i worth and keep the money you get for her.

They knew before taking her on that they would be putting work into her...thats what you do with a horse. I certainly wouldnt expect any money if i was the loaner in this situation.

You just do what you think is right
 
I think if you offer her to the loaner on the basis of they get first refusal at the price she would have been when the loan started then you have been dead fair. If they are bothered they could buy her and sell her on again when they really have outgrown her. If they don't take you up on this then maybe buy them a thank you for being good loaners present or something.
 
Wow, that's very nice of you! Technically you have every right to keep the money you get from her, particularly if you offer her to them on 'mates rates'. Why don't you see how much you actually get for her, then decide on how much of that you would like to gift to them, as a thank you for the hard work?
 
yes, they've been dream loaners :)

I worry to much lol but could def give first refusal at her original value. I just think of those stories of someone doing loads of work and the horse being sold for a profit..I don't want the loaners to think I've used them to raise her value and sell, that's the last thing I'd want :(
 
I think your offer is more than fair.

How do you intend to sell her? Will you do it yourself or send her away for sale? I think you need to factor in this, whether it be the cost of keeping her yourself or sending her away.

Why don't you give the people who have her on loan the choice to buy her at a reduced cost? If they are not interested, perhaps they would sell her for you and you could give them a set amount for doing this. They would be able to show her off to her best and you would not have the stress of trying to sell her?
 
You would be bonkers to sell the pony for less than it was worth.

If the loanees want to send her back rather than buy then they can't be upset at the price you ask. They have had a financial risk-free free use of her up until now; that's the advantage in loaning instead of buying.

I think that if you offer commission you are offering a gift, not a fee and if that's what you want to do that's great. But there is no issue as to which you choose.
 
I think it is a great decision - and although they would probably never expect it, I think it would be a nice way to reward them for taking excellent care of your horse. Obviously that is expected, but not all loaners do, and return the horse better than it came.

I am only saying this because we had a horse on loan which we put so much effort and money into when we had him, improving him significantly from how he came to us, and so if the owners had sold him on they would have received a huge profit on him.
 
I was thinking of sending her away to my riding instructor on sales livery to make things easier although not exactly cheap I wouldn't imagine she'd take long to sell.

It would be easier if the loaners could sell/take some of money in return, not sure what they'd think of that though but a good idea, worst they could say is no I suppose :)
 
MontyMonster said:
I think it is a great decision - and although they would probably never expect it, I think it would be a nice way to reward them for taking excellent care of your horse. Obviously that is expected, but not all loaners do, and return the horse better than it came.

I am only saying this because we had a horse on loan which we put so much effort and money into when we had him, improving him significantly from how he came to us, and so if the owners had sold him on they would have received a huge profit on him.
Click to expand...

yes I'm ashamed to say the loaners have done a better job of looking after her than I did lol and she was spoilt with me as it was lol :eek: She's looking amazing :)
 
If it were YOU cancelling the loan contract then they would have every right to be cross if you sold her on at a big profit. However, THEY are cancelling the loan contract so you are entitled to have a 100% guilt free conscience about selling her on at a profit :)

I would ask if they want her first tho.
 
Weezy said:
If it were YOU cancelling the loan contract then they would have every right to be cross if you sold her on at a big profit. However, THEY are cancelling the loan contract so you are entitled to have a 100% guilt free conscience about selling her on at a profit :)

I would ask if they want her first tho.
Click to expand...

Thank you, the loan contract ends early next year and I'm happy to wait until then, I'm worried about how they'd react esp if they want to extend the contract :( although unlikely as her rider is growing fast, they might jump the gun and think the worst of me which would be my luck lol
 
You must log in or register to reply here.
Top