Offer been refused, market value of horse V's Owner?!

I think a lot will depend on how long the horse has been advertised for sale and how many people have phoned up interested in seeing the horse.

If you are the first viewer and they have others lined up then they are less likely to take an offer of nearly 50% less than the asking price especially if it was less than they paid for the horse.

If your budget is £1500 and you think you can get a better horse for your money than this one then don't waste your time thinking about this one and the rejected offer and go out and get a better one!

When I bought my pony nearly 5 years ago he was advertised at £3250 and I put in an offer of £3150 asked them to include his headcollar and lead rope and his travel boots and tail guard. I was the 1st person to view him, though I needed to come back a 2nd time to make sure and in between they had another lady look at him. My offer was accepted.
 
Last edited:
Curragh - if they won't take the (generous) 850 then walk away and find something else.

In fact, I would probably do that anyway :) box walking and windsucking are two vices i just don't bother with.

It's not rude at all IMO - you are not a charity and it's not for you to part with more cash than the animals worth just so as to not hurt their feelings.

If you ask then the worst they can say is no, which they have done. So I would take my money elsewhere.

Selling horses may well be sentimental for the seller, but it shouldn't be for you. If more people saw their horses in a more businesslike way I think there'd be less misery and debt around in the horseworld :)

Well done you for offering a sensible price.
 
Ps - just because they gave 1k for it doesn't mean it was worth it then, which it more than likely wasn't.

And just because they SAY they gave 1k doesnt mean they actually did....if it was more like 500 that would be closer the mark ;)
 
How on earth can people on here decide whether the offer was generous or harsh when we have no idea what the horse is like apart from 2 sentences?!

He may be an absolute nag or he might be extremely talented and scopey and just need a few weeks of sorting out to be a super horse.

I do know if I advertised a horse for £1500 and someone offered £850 they would be told where to go in the swiftest terms!
 
millitiger said:
How on earth can people on here decide whether the offer was generous or harsh when we have no idea what the horse is like apart from 2 sentences?!

He may be an absolute nag or he might be extremely talented and scopey and just need a few weeks of sorting out to be a super horse.

I do know if I advertised a horse for £1500 and someone offered £850 they would be told where to go in the swiftest terms!
Click to expand...

^^^This^^^

Everyone is too quick to judge when they don't know the full history of poor horse...
 
Yes but if you know the horse has at least 2 vices, naps, isn't well schooled and is an ex-racehorse which is 9/10 then it's enough to say it's not exactly top lot.

If what op says is true, I really don't see how it can be worth anywhere near 1k, especially in today's market.
 
Ex race horse, who raced for 2 seasons over hurdles. He is a now a happy hacker, has hunted twice, been out to no shows or any thing, has minimal schooling. He is nappy, spooky, wind sucks, box walks, moves nicely, kind eyed, pretty.
 
curragh said:
Ex race horse, who raced for 2 seasons over hurdles. He is a now a happy hacker, has hunted twice, been out to no shows or any thing, has minimal schooling. He is nappy, spooky, wind sucks, box walks, moves nicely, kind eyed, pretty.
Click to expand...

Who is on the market for £1500 - presumably an amount you were willing to pay, otherwise you wouldn't have viewed.....
 
I guess it boils down to how much you want this horse...... only you can decide whether you want him enough to offer more. I hope you get a happy resolution :)
 
Yes, your offer is about right - I went to Ascot Auction last week and there were loads for sale from £500 to £1000 mark. The ones with vices always go for less. That saying ... I bought a windsucking mare for £1400 but she is an absolute angel, hunts, jumps, horizontal laid back personality and she is beautiful. Some are as ugly as sin!

Offer £1000 and if not accepted walk away, I don't like the sound of that nap - sorry but in my book if a horse has a nap it always has a nap and that backward thinking is never a good sign especially if you want to go out competing. A bit of hunting might help.
 
patterdale said:
Yes but if you know the horse has at least 2 vices, naps, isn't well schooled and is an ex-racehorse which is 9/10 then it's enough to say it's not exactly top lot.

If what op says is true, I really don't see how it can be worth anywhere near 1k, especially in today's market.
Click to expand...

And may have the potential to go 4**** eventing or may be a runty horse who will top out at Intro.

All I am saying is I find is very bizarre that people are so confident in their abilities to judge the worth of a horse without even seeing a photo!

Clearly the owner thinks the horse is worth more than the OP does and that is all anyone on here can confidently say without more information- I don't think we can judge who is right or wrong.
 
I got 2400 for my ex hurdler very pretty done some flat work but very green, a year ago no vices but did include tack. I had bought him a year before for 850.
And he was easy to sell!
You are all jumping the gun on your valuations his value is what people are prepared to pay and if he's good tempered and pretty I think a lot of you will be surprised.
To offer 850 when the horse is priced at 1500, and you choose to view at that price is taking the p!
 
Sorry but I would not have accept half what what I had him up for. I might have come down to £1200 but no lower. He might not be the best racer which is why they have put him on the market. That said allot of time and patience has gone into his upbringing.
Sounds like his only issue is an occasion windsucking so he has no real problems so I can't wee why they would accept half of what he is worth.
He is only worth what your willing to pay for him if you can't go higher look at another.

Box walking isn't the end of the world he might stop once in a quieter environment. Napping again this can be schooled out with good schooling. Allot of horses nap and you can eradicate this.
 
Last edited:
I suspect the sellers will be back in touch unless you made your offer in an insulting way!

Horses with vices are hard to sell, especially TB's and lots of yards won't take them. If the seller is off to Uni, they will be under pressure to find the horse a home. I think you should sit tight for a bit. You've seen the horse, you know what it's worth to you and maybe the sellers know how much you like him and are playing on that.
 
I think if an animal is healthy and sound 1000, would actually be a bargain. As I know people few 1000s for a well schooled/manners but turns out costing more on the long run with unsoundness.
 
Amymay, you should read my post where it says they told me most of his issues when I got there or found them out for myself while trying him, which he displayed by whipping round on an six pence and napping for home.
 
curragh said:
Amymay, you should read my post where it says they told me most of his issues when I got there or found them out for myself while trying him, which he displayed by whipping round on an six pence and napping for home.
Click to expand...

Apologies, I hadn't read the whole thread.

Even so, offering half is a bit cheeky;)

But it's all experience, I suppose. The next horse you view you'll have asked before hand about vices and behaviour so won't have a wasted journey:)
 
from your description i wouldn't pay the asking price but if i were the owner and had advertised him at that and then got offered half i would be thinking you were a timewaster:o
 
Potential to go 4* at 10 would be pretty rare....

Pay whatever you want, people do, that's how dealers make money ;)

But nappy, older ex racehorses with known vices are not 2 a penny.....they're 20 a penny.

A lot of owners have delusions about what their horses are worth, and even more seem to think that just owning a horse and looking at it in the field for 6 months puts value on it.
 
Ps.....I've taken 2500 before for a horse who was worth about 900.

Just because someones willing to pay it doesn't mean it's worth it, but if it's worth it to them I'll quite happily take the cash.

If you don't ask, you don't get, I've offered half an asking price many a time, sometimes comes off, sometimes doesn't. If it does - great! If not, who cares?? Move on.

Many people, particularly in this market, are delusional about the worth of their horses. I suspect it'll still be there next month.
 
What is it costing them to keep it? Maybe trying later, as has been suggested, gently mentioning how much it must be costing would help? Some people have no idea.
 
How did you make your offer?

if you just said 'my offer is £850' and they said no, then fair enough, but if you said 'my offer is £850 based on the fact that he naps, box walks, blah, blah and therefore I need to spend time schooling him out of these vices, but I really like him, he has a kind eye and a nice personality' , then maybe they would be more open to a discussion about your offer.

i would give them a week and then maybe ring them and ask if they are willing to discuss. if not, go and see somemore, there are plenty out there.
 
At the end of the day the horse is only worth what somebody is prepared to pay for it and how desperate the owners are to sell.

If you really like the horse and desperately want him then he is worth the extra money. If you'd begrudge spending that much on a horse with issues then walk away. :)
 
patterdale said:
Potential to go 4* at 10 would be pretty rare....

Pay whatever you want, people do, that's how dealers make money ;)
Click to expand...

You do understand what I am getting at though, even if you want to be pedantic! ;)

I've bought and sold a bit in the past so understand a little bit about making money out of horses, I just don't understand how people think they can so surely value a horse from a 2 line description from someone who has seen the horse once. :rolleyes:
 
I just paid 1800 for my exracer - he is 13, but bombproof and polite and perfect in field/stable/to handle. I wouldn't pay more than 800 for the one you described, you can get something similar but younger and perhaps less "misunderstood" from a sales for less than 500.
 
When I am viewing a horse I am basically disinterested in what the owner wants for it I think of want am I prepared to pay for it .
If I like it enough to buy it I come to a figure then I offer it but I always say why I have come to the figure is in this case the napping and the extra year older.
I don't get my money turned down often ( I fact I can't remember the last time )
The why is the thing you have to get across personally I think your value is about right just because the vendor overpaid for a horse is no reason to do so your self.
Good luck it may come right yet , but there are loads odd TB's out there that don't crib and box walk so I would crack on looking for another.
 
From what you've said, the price you offered is generous in terms of market value. Ex-racers, ones that are total dopes with no problems, go for peanuts, let alone ones that have vices.
However, I guess if the owners think he's work £1500, then they perhaps would be a bit insulted. I think, when/if they have more viewings, they might realise that the price they want is a bit off, and if they are bothered about giving him a good home, then they will get in contact?

If you think he's worth £850, stick to your guns, what will be, will be! On the other hand, if you feel he's 'the one' and you don't want to miss out, then you've gotta up your offer I guess, if you think anyone else would take him for more than what you're offering.
 
You must log in or register to reply here.
Top