Pony prices- do they come down after summer?

[I don’t like mondays]

Am I right in thinking pony prices usually come down in September because that’s when pony club camp is over and lots of kids want to do one last camp etc? Plus at the moment lots of folks are looking for a pony for summer? I know generally horse prices used to come down towards winter (although I’ve not seen that in a while lol). There isn’t much about really and prices are crazy (have been for a while though). Thanks

 

[billylula]

I used to think I'd sell mine at the end of the summer - but then hunting starts and I think, oh just for one more winter - then spring starts and I think oh well she's still not looking huge so I'll keep him for one more summer.

This cycle has been going on for four years now - he's only 15hh and she's almost 5 10 but somehow we just can't do it...

 

[minesadouble]

I'm not sure that prices dropped that much at the end of Summer but was always when people tended to sell their outgrown ponies so there was more on the market.
I do think we will see a significant drop in prices this Winter though because of all of the cost of living expenses.
I certainly hope so as I have 2 daughters who both need new/bigger ponies ?

 

[Wishfilly]

I think even in the last couple of years, there has been a bit of a drop in prices late autumn/early winter- because it's often not a time people are looking to buy, and it can be a difficult time of year with grazing etc.

People have been predicting a significant price drop for nearly two years now though and I'm just not sure it will happen. For people who sell professionally, all their costs are going up, and I think most private sellers like to get back what they've spent, at least (unless something significant has changed). Cost of living etc will start to bite some people, but for a lot it may mean cutting back on lessons/competing/trips out, or going DIY rather than part livery, but things have to get really bad to cause people to sell their horses (in my opinion).

What's not happening right now is job losses that cause a real sudden drop in income, which is what (sometimes) pushes people to sell.

So I'd assume a small price drop in autumn and a slower market, but not necessarily a huge one.

 

[SO1]

You are right the job market is really hot and I expect people who are able to will look for promotions/better pay rather than sell and probably will be able to find something suitable.

I bought my pony in the autumn nearly 15 years ago as the sellers wanted to take him to camp. The problem with the larger ponies is that small adults like me want them too which pushes up demand.

[QUOTE="Wishfilly, post: 14901976, member: 125094"

What's not happening right now is job losses that cause a real sudden drop in income, which is what (sometimes) pushes people to sell.

So I'd assume a small price drop in autumn and a slower market, but not necessarily a huge one.[/QUOTE]

 

[Gloi]

When mortgage rates start to shoot up it wouldn't surprise me to see pony prices come down

 

[Wishfilly]

You are right the job market is really hot and I expect people who are able to will look for promotions/better pay rather than sell and probably will be able to find something suitable.

I bought my pony in the autumn nearly 15 years ago as the sellers wanted to take him to camp. The problem with the larger ponies is that small adults like me want them too which pushes up demand.

I might be wrong, but I think the last time horse prices really significantly decreased was the 2008 crash- and then lots of people were losing jobs and facing really sudden drops in income which would make it impossible to keep paying for a horse.

When it's a slow drip of prices increasing, more people will find ways to manage, and cut back on certain things before they sell- so I don't think there will be a sudden flooding of the market with people who really need a quick sale (which is what would cause prices to come down).

If there's a lot less people looking to buy then prices will likely come down slowly, but I don't think we'll see them fall to 2019 levels any time soon (or ever). If riding schools shut down or put prices up, that can encourage more people to buy, too.