Low, mid, high figures when selling

[holeymoley]

Can any one enlighten me as to the monetary brackets expressed when these terms are used?

Am I on the right lines?
Low (1-2k)
Mid (2-6k)
High(6-9k)

I’m currently searching for a pony for my daughter and I’m getting varied results with the low,mid,high figure phrases. I forgot how stressful buying is!

 

[little_critter]

Usually when I've seen these sorts of terms they've also said how many figures they were, ie mid four figures (which I take to be around £5k) or low 5 figures (I guess £10-£20k?)

 

[webble]

I would say low 4 figures 1-4k, mid 5-7k high 8-10k then low 5 figures 10-13k and so on

 

[blitznbobs]

It all depends on context - if it was a high price for a kids first leadrein pony it would be a totally different number to a high price for a team event/ dressage pony

 

[Birker2020]

Can any one enlighten me as to the monetary brackets expressed when these terms are used?

Am I on the right lines?
Low (1-2k)
Mid (2-6k)
High(6-9k)

I’m currently searching for a pony for my daughter and I’m getting varied results with the low,mid,high figure phrases. I forgot how stressful buying is!

I assume mid to mean £15K, low to mean under 10K and high to mean around 18/20K.
its much easier if people use carrots instead of £

 

[DressageCob]

People get a bit confused once it becomes 5 figures too. I've seen horses being listed as "high 5 figures", which to me is around £75-99k, when they mean £18-19k

 

[Birker2020]

Usually when I've seen these sorts of terms they've also said how many figures they were, ie mid four figures (which I take to be around £5k) or low 5 figures (I guess £10-£20k?)

Yes I'd say low five figures to be £12K - £13K high to mean 17-19K

 

[Bellaboo18]

People get a bit confused once it becomes 5 figures too. I've seen horses being listed as "high 5 figures", which to me is around £75-99k, when they mean £18-19k

I was going to post the same

 

[little_critter]

Yes I'd say low five figures to be £12K - £13K high to mean 17-19K

Why? The biggest 5 figure number you can have is £99,999 so £17k-19K is nowhere near that.

And this, folks is why adverts without prices are so frustrating

 

[Birker2020]

Why? The biggest 5 figure number you can have is £99,999 so £17k-19K is nowhere near that.

And this, folks is why adverts without prices are so frustrating

Because I've rung or text a few adverts when I was buying Lari and more recently to get an idea of figures. And whenever they say low five figures they mean £12,000. I suppose its because the type of horse I'm looking at is the average priced horse and I know they are not going to be anywhere near the £99,000 bracket or even £25,000 bracket!

 

[ihatework]

For a 4 figure horse I’d say
Low <3k, Mid 3-7k (usually 5/6k) high 7-10k (usually 8/9k)

For a 5 figure horse it seem
Low 10-20k
Mid 20-50k
High 50k+

But people will always have there own ideas

I do often see mid’5 figures and people thinking this means 15k!

 

[Jambarissa]

It's a nightmare but Facebook in particular doesn't allow prices so they have to allude to them.

If its just low/mid/high then it's probably relative to the other horses you've seen at that height, age, experience.

I'm getting fed up with people being cagey about the price when asked though. I'm finding it very rare to get a price, often get a reply saying 'what's your budget'. That is not how selling something works

 

[DressageCob]

It's a nightmare but Facebook in particular doesn't allow prices so they have to allude to them.

If its just low/mid/high then it's probably relative to the other horses you've seen at that height, age, experience.

I'm getting fed up with people being cagey about the price when asked though. I'm finding it very rare to get a price, often get a reply saying 'what's your budget'. That is not how selling something works

That is annoying. Then there's all the posts saying "no time wasters" but because you haven't a clue how much the horse is you may end up "wasting their time" by asking the price when it's wildly out of budget.

 

[Birker2020]

Yes when I lost Bailey I rang an advert for a horse that wasn't particularly attractive with no competition history. It had not done anything particuarly special compared with all the achievements I'd had with Bailey. But they wanted 30k!

I nearly dropped the phone in shock. Some people will always try it on!

 

[holeymoley]

Unfortunately my budget only stretches to the 4 figure abbreviations , and by the looks of it, only low to mid ones at that.

Thanks guys, that’s cleared things up a bit. Now to pursue the hunt. Nowt more annoying than folk that don’t reply to you either!

 

[Jambarissa]

Agreed. I assume they get a lot of messages, probably mainly asking for price and location. So I get it, if horse sells you cba to reply to 100 people saying its sold. But I've messaged about one particular horse twice, no reply but shes readvertised it three times 'due to time wasters'