Loan period before buying

Queenofdiamonds

Queenofdiamonds

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I've been having a little poke around to see what youngsters are around, Mostly green that need a lot of work on them.

I have noticed a few that say that they would like to put them on full loan, and may sell later.

I'm a bit wary of doing this.. Say for example, I took a 3 year old on for a year, started it off etc, got it reasonably fit and then they decide to sell - If i want to buy, am i going to end up paying for horse that is only worth what it is because i've put a years worth of work into it?

Would i be better off buying straight off in this scenario?

What do you think?
 
My almost 5yo went out on loan at the weekend, The lady asked after looking at her and before she went on loan if she could bye her, we came to a deal were she has her on loan for now but at a latter date will sell at a price we have agreed now. i just want to know that they are happy with her and the pony is happy, i would hate for her to have my pony then find out 2months later they sold her on, id rather she came home if it didnt work out,. Guess that wont help you though? Sorry x
 
That i wouldn't mind, Provided they didn't go back on it. I don't want to take something on that would presently be worth a few hundred, and a year down the line be told they want a couple of grand.. I'd be paying for my own work.. :/
 
I know what you mean.When we were looking for a loan pony,as soon as I mentioned that we were Pony Club members,we were inundated with people offering us 3 and 4 year olds.What they were thinking was that we'd put in all the work,then they could take them back and advertise them for a lot more money because they'd attended PC.I know this happens because it has happened to friends of ours.We are looking to buy now instead,and if I was looking for a youngster,I'd do the same.
 
There are so many really nice youngsters around at the moment at good prices - I would just buy one as I'm very wary of loans.
 
Some people who LWVTB agree to write into a contract that first refusal would go to the loaner. Not everyone will, but I know a fair few who do. If it was me, I would discuss this with the current owner-especially with a youngster as you will have put so much work into it
 
Youngfarmer - I did that with one of mine. It was the right home for him, She just didn't have the money up front so we agreed on the price and drew up a loan contract after which she bought him for the agreed price.

It's the 'may sell' bit that's putting me off..
 
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