New!! But in a difficult position: help needed

[RT1983]

I have lurked on here for a while and have now decided to become a member and post! So hi

I am in a predicament as I see it though. I have 3 neds, 2 of which are youngsters. I bought one from stud and bought the other from my friend about this time last year. I fell in love with the little filly when I first saw her and thought she would be ideal for what I want to do with her.

Over the latter half of last year, it has become increasingly obvious that she is not going to suit what I wanted her for and upon having looked around at various youngsters there is a lot that are "of type" for what I would want to do. I have been thinking more and more of seeing if my friend would buy her back (she has first refusal on buy back) as she is very fond of her (one of her homebred foals from mare she lost during foaling last year) and adored the mare. I don't know due to her current situation whether she could afford to buy back said filly herself - her OH and family have bought her horses before, but don't know if they would again. I paid probably more than what I should have last year, and in this current market, I don't know if I would get back what I paid, even though I would say she is worth more because of all the hard work I have put in with her education and how far she has come.

It is a bit of s sensitive issue I feel because how will she feel if she can't buy her back and I sell on? I really wish I hadn't bought from a friend, but hindsight is a wonderful thing.

What would you do in my situation?

 

[Slinkyunicorn]

Hi *waves* - don't really know what to suggest as its a bit late for me and I've had a couple of large glasses! First thought was that should talk it through with your friend. Sorry if its no help.

 

[almorton]

perhaps offer her back now with a slightly reduced price due to the current market? if she doesnt take you up, hang fire til summer when prices go up again. that way you either
A- give her time to save!
B -dont take a loss with the current financial situation.
FWIW, i reckon horse prices are down at least 30% on last years prices. some sorts even less.

 

[Mbronze]

Why don't you just honestly say to her what you have said on here, it is not offensive at all and it is very truthful. Surely if she is a friend she will understand.

If she doesn't want to buy her back you could always start advertising her and if she does want to buy her back on a slightly reduced price maybe just swallow the loss if you can afford it. Are the youngsters that do suit you priced lower or higher than you would sell this current youngster for?

 

[MrsMozart]

Hello and welcome to the mad house

I'm with the others (as I so often am, having no brain cell of my own - it often goes and leave me for hours if not days). Anyway, I digress, only you know what your friend is like and how she'll take the news. I know I'd be a bit miffed in a way, but really pleased if I could afford to have the filly back.

You've put work in to the filly, but prices have dropped, so you may not get what you paid for her, never mind a bonus on top that will reflect your input.

Bear in mind I've not had second cup of tea yet, so there is no guarantee that I've written anything of any sense

 

[Paint it Lucky]

I would tell friend what you are thinking. See if she wants to buy her back, if she does and can afford to straight away then great, if she wants to but has no money right now prehaps give her time to save or let her pay in installments (depending on how much you trust her). If she really can't have her back but still wants an input in her future then offer to let her come along whenever people view the filly so she can vet potential purchasers along with you to ensure she is happy. Or possibly she may be happy for you to sell on the filly and not have anything more to do with her in which case that should be fairly simple too (in theory). I'm sure you can work something out that works best for all of you, you just need to discuss the situation with your friend so that she feels she has had an input and so it doesn't harm your friendship in anyway.

 

[Moggy in Manolos]

[ QUOTE ]
perhaps offer her back now with a slightly reduced price due to the current market? if she doesnt take you up, hang fire til summer when prices go up again. that way you either
A- give her time to save!
B -dont take a loss with the current financial situation.
FWIW, i reckon horse prices are down at least 30% on last years prices. some sorts even less.

[/ QUOTE ]

Totally agree, think this is a splendid idea