Loan with view to buy?

Persephone

Persephone

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I have a friend who does not want to pay outright for a new horse. She wants a loan with view to buy in order to be sure that the horse is right for her.

In reality is she likely to find many sellers ready to offer this?

I have always bought straight off, outright and it wouldn't occur to me to loan first.

She obviously has very different ideas, I just wonder if this will cut her choice of horses down.

Any views/experiences welcome!
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i do. infact most of my horses have been loaned then we brought them. i think its a very fair way of doing things and a careful way to make sure you've found the right horse.
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It's pretty loose lol!

14.2 - 16hh Mare or Gelding but must be utterly safe in all ways for extreme novice. Age I would think 8 - 15ish.

I will be there to help her along as she is coming to my yard, so I'll make sure there is nothing untoward going on!

I think she's looking to pay about £ 2,500.
 
When I bought my last horse I was keen to have a trial period. I offered a deposit and ensured it would be covered on insurance. I would be wary of anyone refusing this, although I can understand why and there are good reasons why they might not let you. It is always worth asking as the reaction or answer can tell you lots about how honest the vendor is.
I can remember going all the way up past Badminton to look at a horse having asked all the telephone questions to find the horse had a sarcoid (one of the questions) . When I asked about a trial period the owner didn't even let me finish the sentence. This was followed by mumbling and looking at her feet. I said my thankyous' and left.
When i got my horse I negotiated a 2 week trial. This at least gives a good chance for bute to wear off . I had him vetted at the end of this on the yard I livery at without the owner there - a much more effective way of doing it.
 
I'm very persuasive. If you think about it, if you insure the horse to it's full value and give a deposit, the vendor has some protection. In a private sale the purchaser has little protection even with a 5* vetting. Various problems can be masked from the vet with rest and bute. Unless you have bloods analysed you won't know. Bloods taken at vetting are not routinely tested but kept for 2-3 months generally. I've heard it's a buyers market, don't ask - don't get!

The £2,500 end of the market is full of problems - extra care is needed.
 
I would definately ask any seller this for the next horse i get, and probably wont consider buying it unless they agree now. after having the wool pulled over my eyes on last sale i am not trusting anyone again
 
We agreed all the details including when and where I would vet him. Her husband was a vet , she knew what I was going to do with the horse and I paid more than I could of . But the point is you have the cash , it's for them to say yes or no . "No" can be reasonable but the way it's said and the reasons given can tell you a lot about the vendor and give all kinds of clues.
I would still by a horse that I couldn't get a trial of, but the owner would get a grilling first!
 
I did a loan WVTB on a 'quirky' horse because I wanted to ensure she went to a suitable home. Loan went on far longer than agreed for one reason or another (10 months) and horse came back a wreck. I dont believe the purchasers had any intention of buying, they just wanted a nice horse for the spring/summer. I would never ever do it again, I would allow a potential puchaser to come to my yard and care for the horse, ride and do anything they wanted. I just wouldnt let ot out of my control
 
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I did a loan WVTB on a 'quirky' horse because I wanted to ensure she went to a suitable home. Loan went on far longer than agreed for one reason or another (10 months) and horse came back a wreck. I dont believe the purchasers had any intention of buying, they just wanted a nice horse for the spring/summer. I would never ever do it again, I would allow a potential puchaser to come to my yard and care for the horse, ride and do anything they wanted. I just wouldnt let ot out of my control

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I'd never do it either, unless it was a very difficult horse to sell. Its just not necessary and its far too risky. As said above, buyers can try at the owner's premises. I tried mine at a show, which was a really good trial as it off the owner's premises but they retain control.

The perfect horse doesnt exist, and some horses are unsettled for months when moving to a new home. There are too many people out there who fail to realise this and expect horses to be machines that they don't have to put any work into. Allowing this type of buyer a trial is just asking for trouble. Plus it takes your horse out of the marketplace when there might be a more decisive buyer out there.
 
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Ed - The previous owner must have been mad, anything could have happened during that time.
OP - The type of horse you suggest would have buyers lined up round the block, so finding one WVTB is unlikely.

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FWIW I agree totally and also with Headless Horsewoman.

If I was selling my mare there is no way on this earth I would allow LWVTS even though she is nigh on perfect!

Totally agree that the £ 2,500 market is a dodgy one. I am just thankful the budget has gone up. It was £ 1,500
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I don't think she is being realistic at all and have told her so, but I just thought I ought to check out others views.

Thanks all! Really helpful!

x
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