Just what is it with pricing horses? Please explain.

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seabiscuit

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OK so this seems ridicolous. There are many people out there- professionals- dealers and the like who think that their horses are worth incredible sums of money even if they have only done something like a few PN's and are never going to do more than one star. They get their money for their horses. Im talking like £20k for a youngster that has only done one season of Pre novice and has never even been placed in anything.

Then you get the other people who think that everything is only worth under £5k unless its got a seriously good record and is reasonably talented.

Where do you draw the line? Just seems to be no ryhyme or reason for it!

( This has been sparked off because I have been looking at the prices of horses being sold from a certain event dealers website
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am sure you all know the one I mean! )
 
ha Ha I know who you mean!!! (I think) but often they don't get their money.
If you look carefully at their website you will see the prices steadily go down and down, a horse we sold them started at £7500 and ended up at £4000...
A friend has just spotted a lame horse she returned to them has reappeared (it failed the vet) with a new name and history.
I would steer well clear and agree, horses that have only done a few PN's aren't that sort of price, horsemart is a far better market guide..
 
Those prices are just completly mad.

When we were thinking of selling floyd, he was on at I think £13k, he had £3,500 BSJA and been placed at Intermediate. He will win nearly every class he goes in upto 1.20 BSJA. He then has Jockey problems
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. Round here he is a very well known horse. 1 person tried him out and said no as he had won too much BSJA. But at that price which you would think was cheap, but there was no interest at all.

Horses aren't selling at the prices people think they are.
 
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ha Ha I know who you mean!!! (I think) but often they don't get their money.
If you look carefully at their website you will see the prices steadily go down and down, a horse we sold them started at £7500 and ended up at £4000...
A friend has just spotted a lame horse she returned to them has reappeared (it failed the vet) with a new name and history.


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Jeez that is awful - do they not think that there will be repercussions from behaving like this?

Its not just them tho putting huge prices on, it seems to be a lot of people, especially the pro riders Definately hugely unrealistic prices... Send your horse to a pro and he'll put it on the market for an extra £10k !
DieselDog, that seems a good price for Floyd, but bet somewhere like the above-mentioned dealer wouldve prob wanted more than double that price for him!
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a eventer friend of mine with a very rich OH bought an eventer 2 years ago for £180,000. this horse failed the 1st vet, passed the 2nd and was sold to them at that "knock-down" price!! this horse has been in the field since they bought it as it has been lame and hasn't even done one event since they bought it.

there was a horse for sale here for £50,000 that will never go further than 1*, a horse for sale for £30,000 that will be a fasnstastic junior eventer and possibly 2* and a horse for £20,000 that would be a 4* eventer and go further than the others!!!!

its crazy money - a good horse should be under 10k and should have a decent record if selling for that price - here in N.ireland its hard to find a 1* horse at the 10k mark!!

its inflation
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me thinks!

(i know a person that bid £5 mill for a dressage horse but was outbid as the horse was sold for £8 mill)

go to horsequest and go to whp and you will see a dun pony from northern ireland going for a "substantial price" - the pony hasn't even been to hoys or sj properly!!
 
only _me-pm me those horse names if you wouldn't mind? Would be very interesting to conpare to a mare up to 13000 as the perfect junior eventer.
 
haha, god knows what the prices are about. i found ads for horses without great conformation, which has jumped a cross-pole and had decent breeding, for £17k-£20k as 4 and 5 yr olds.
and £20k for something that's done a season of PN, with absolutely no guarantee that it'll be brave enough to go around a Novice... no, i don't think so!
still, if i thought i could get that much, maybe i'd try it too...
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Ridiculous prices bandied around, which makes others price their horses accordingly and off it spirals
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Agree - the fact that professionals are pricing some horses at ridculous levels means that other 'sellers' are pricing their horses equally high to 'fit in' with the ever increasing prices, its totally mad IMO
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well here was a horse for sale on horsequest and it was at 12500 and we thought it sounded a bit cheap for wat it had done...with the prices are as they are...not that 12500 is cheap and then it was obviously sold to a dealer and it is now on the dealers website for 25000!!! she has made some quick money!
 
We bought in July (I think) a 5 YO from a dealer, It had nice flat work and it's jump was a bit green. In a month it won Prelim dressage with over 70% and was getting placed at BN and jumping clear round Discovery. It had the very expensive price tag of £5K.

If people actually want to sell their horses they are priced properly.
 
We have a horse for sale for one of OH's clients - we haven't even had anyone to look at it so far only two calls. It's been up for 2 weeks both in H&H and online on another website. It has a good comp record and potential to go on as well as a cracking jump but not a whiff of interest. The price is negotiable as he has to be sold no one seems to be buying.
 
Do you think you can advertise too cheaply though? Round here if anything is less than £5k whatever its done and whatever it is you immediately think there is something wrong with it! At the end of the day, horses are only worth what people are willing to pay... do you think you can advertise too cheaply?
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Oh does that make sense??!
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EJ, i know what you mean. sometimes people won't look at anything much below their budget... if they've got 12k to spend, they bizarrely think they should spend it all to get the best horse possible. it isn't always like that, obviously.
i was at a well-known dealer's once when he'd just sold 2 very nice young horses to an American lady. he was pretty chuffed, and told me how much she'd paid. (double what he'd told me they'd cost me, basically.) when i said that was outrageous, he smiled and said that they'd have a better life, be treated better, because now she thought they were worth that much, so she'd be very proud of them and show all her friends and get proper training and get the right kit for them and all that. if they were cheaper, she wouldn't think they were worth it. sort of makes sense, but not to me!
 
I think I know the site (£15k for a hunter with no comp experience by any chance?!
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)

personally those prices are ludicrous and I laugh at the H&H ads they have every week when I see the prices! Prices are high for sure though. Friend is looking for something and the only horses within her budget are 3 and 4 year olds when ideally she wanted another schoolmaster to compete at the higher levels in dressage but she had no chance of anything reasonable like that coming along which is darn sad.
 
Kerry I'm glad you understood me, by the time I'd finished typing I wondered what on earth I was on about!
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The American lady was a good case in point too!
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Oh oh oh can someone please PM me the link - I have no idea who you are talking about !
Aa friend of mine purchased an experianced eventer from a very well known eventer ( well this lady had organised the sale) the horse was about 15 but had experience coming out of its ears and was £20k - alot for a older horse. Turned out the horse had a bad accident at a diff well known eventers yard and had broken his tailbone ( or something around that part) basically he was never quite right and was PTS before my friend had even competed him. When buying from well known eventers you would think they would care about their reputation but oh no ! - Last time I discussed this with friend it was in the hands of solicitors - he had written to H&H about it but didnt hear anything back - they wouldnt "mud" the names to protect other purchasers and horses!
 
I went to see a horse at a well known eventers yard down south; it was a NZ TB recently imported, had done one intro at which it had performed reasonably well. Lovely horse, beautiful paces, nice jump. Couldn't understand why it was so little money until we went to see a horse elsewhere later that day; lovely lady who watched the video we'd taken and also couldn't understand the price so rang a friend, and was told that it'd been seen out eventing and napped for England. Needless to say no mention of this when we viewed it...!! And that was at a yard belonging to a rider who has a senior British flag on their hat...
 
We are finding exactly this problem as we search for a 148cms jumping pony. It seems from horsequest that a reliable 12.2hh 10 and under pony (ie limited in scope but genuine) costs 10K...

We're after a 148 with a bit of scope (say, to jump 1.10's/1,15's) either experienced at BSJA, a young pony or one that has PC'd but not been registered (ie anyting straigtht with a bit of a jump!) and everything is 12K plus. 6-8K seems to get you a pony that will jump 90cms... Madness!

I'd assumed it was a pony issue as children have a limited amount of time on any size of pony and there are some very, very rich parents out there, but it seems that horse prices have gone crazy too.

So, anyone know a straight 148??
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Dont know the site, but totally agree. Im shocked about horse prices. I sift through Horse Deals magazine and OMG some of the trash in there for decent money! Some basic short fat ugly thing used for hacking which looks like it should be pulling a milk cart = £5000?! WTF?!

I do laugh at a lot of them. I just really hope these morons dont actually GET those prices for them. God, we could ALL ask £15k for our own horses I bet just because they have 4 legs!
 
I think their is price inflation caused by people out to catch those new to horses (or competition) who compare the prices with those of cars and then even 10K looks cheap. (I think the husband buys himself a new car and the wife can chose a new horse...) How many actually sell at these prices? Not quite so many I would suspect.
 
i'm on the lookout for a dressage horse & struggling to find something suitable that also passes the vet

my bshii instructor has just done her sm & did some training with a very successful dressage rider , who said

YOU SHOULD BE ABLE TO PICK UP A 14 YEAR OLD PSG HORSE FOR £6000

i wish!!

ps , anyone wanting to sell a psg schoolmaster for £6k please pm me , i'll be there with the cash within the hour!!
 
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