Prices just went up another level

Goldenstar

Well-Known Member
Joined
28 March 2011
Messages
46,944
Visit site
OK that is an actual pics take! Expecting covid prices! We tend to sell the good prospect for £3-4k, the generic ones for £1.5-2k and the weirdo's are loaned. We have one that will be an absolute bloomin cracker for eventing when he finishes racing (which will probably be soon as he is naff at his current job) and he will be 4k I expect and he would be worth it.

4k is a great price for a potential event horse and T. Are often so easy because they have well handled and out and about a lot .
I am just sadly too old .
 

Ceriann

Well-Known Member
Joined
28 June 2012
Messages
2,536
Visit site
I was going to post, but haven't had the time, that if the 5 year old was still available after you'd had time to post here and wait for input, then it probably wasn't a good horse. It's that kind of market right now.

Yep - though market does seem to be very frothy now we’ve seen the back of winter and at this point am prepared to take a step back and wait. He will likely make a lovely horse for someone.
 

RachelFerd

Well-Known Member
Joined
24 April 2005
Messages
3,621
Location
NW
www.facebook.com
Today I have seen;

5.5k for a cobby type that can't be ridden by the owner because he's bucked her off and hurt her - and apparently has a bucking problem. Buyers are asked to just turn up and risk their necks if they think they are experienced enough...

And 12k for a 15hh 11yo that is green as grass, appears to have no steering, clambering around a course of 70cm jumps with its head in the air and barely able to stay in a canter...

Utter madness. I mean, these are only asking prices and not prices achieved. But I'd expect both of those to sell for under £3k in a normal market. And neither of them is probably physically OK.

Starting to think the unbroken 3yo bred to event that I bought last year for 6k is already worth 10k on our current stupid prices now that he's up and going. He's very much not for sale though!
 

Bernster

Well-Known Member
Joined
14 August 2011
Messages
8,136
Location
London
Visit site
The market currently does create and encourage hasty decision making. I’m veering between sitting on my hands as I’m in no rush, to following the goresbridge online sales, and a virtual viewing mid week. I keep thinking ‘a fool and their money are easily parted’ ?
 

pixie27

Well-Known Member
Joined
18 August 2016
Messages
588
Visit site
Today I have seen;

5.5k for a cobby type that can't be ridden by the owner because he's bucked her off and hurt her - and apparently has a bucking problem. Buyers are asked to just turn up and risk their necks if they think they are experienced enough...

And 12k for a 15hh 11yo that is green as grass, appears to have no steering, clambering around a course of 70cm jumps with its head in the air and barely able to stay in a canter...

Think I've seen both of these today too. Utterly bonkers!
I felt incredibly sad for the one that bucked. I hope he finds someone nice.

I was planning on starting to horse shop this summer but for what I want, I may need to investigate the recovery times of selling vital organs first.

Potentially have found a lovely pony that isn't on the market yet, but struggling to decide whether or not I'm too big for him!
 

chaps89

Well-Known Member
Joined
8 July 2009
Messages
8,520
Location
Surrey
Visit site
I just don't understand how people can afford these prices :eek:
I get that maybe people have been at home saving money on commuting, the daily coffee, meals out etc. And I know there will have always been a market for the more expensive horses (which for me is £10k plus in my head gets you an above average competitive all round type/into the realms of discipline specifically trained/competition history) but that market always seemed smaller than the sub-£10k general all rounder type. But £10k is alot of money (to me anyway) and I don't see how it can be saved in a year, for most people anyway.
I'm not meaning to be personal in any way, it's just an observation that I can't see how these mad prices are still being sustained!
 

jules9203

Well-Known Member
Joined
21 November 2009
Messages
566
Location
Hampshire
www.pensdellequestrian.org.uk
It's a ridiculous market. I totally agree that prices for decently produced horses needed to increase. However I have a few clients looking for their 'forever' horse. Both want to do basic RC competitions. I have been to see a varied selection priced between 10-20k. Not one of these horses has been suitable. They are either not sound or have other issues (windsucking etc) We've looked at various TB & ISH with little schooling or just off the racecourse, with sarcoids/weaving/aggressive behaviour but advertised as suitable. The most expensive horse we've viewed (20K) had a skin condition and tension issues - oh and wasn't completely sound. It was advertised as a saint. I have never enjoyed horse shopping personally, but am so pleased that I'm not looking for something in todays market. Hopefully it will settle down, breeders will still be able to ask a sensible price and dealers will come back down to earth.
 

tristar

Well-Known Member
Joined
23 August 2010
Messages
6,586
Visit site
I would like to see the breeders of good all purpose horses start producing again safe in the knowledge the stock will command a price that it should. British bred cob x TB and Irish x TB types that just are not seen anymore.

A return to the Hunter Improvement Society for those who can remember that !



yes or the modern version, but where are the judges who were the horsemen with the eye for the right types in this day and age?

my 4th generation goes back to an HIS horse foaled in the 50 s and i took one of my present horses granny to masserellas in leics for grading onto the grade 1 register
 

Bernster

Well-Known Member
Joined
14 August 2011
Messages
8,136
Location
London
Visit site
Not sure if it’s right to bump this thread but I’m pondering a related issue. With current prices, lots of horses are 10k+ and many of these are older horses, 10yo and upwards. NFU requires a 5 stage and x rays for 10k - would you expect say a 12yo to have clean x rays if they’ve done a reasonable amount of work in that time?

And the other point about whether they’ll hold their price. If folks are buying in this market, surely they’ll want to maintain that level if they sell on in the future, so will that mean prices hold for longer?
 

Equi

Well-Known Member
Joined
25 October 2010
Messages
14,540
Visit site
One of the sadder points of the price situation is all the older or aged horses on the market now. 18 plus is common at 4k.

Those old boys and girls will have been in long term homes, the upheaval will be massive for them.
Absolutely. I don’t mind an aged horse but the passing about and dealers buying from dealers is so annoying. I saw a nice honest 16yo I was interested in last Saturday, sold by Sunday morning. Back up for sale today with an added 2k price tag, using the same videos from the previous seller. Lots of interest again so likely to sell and be back on the market again next week.
 

Equi

Well-Known Member
Joined
25 October 2010
Messages
14,540
Visit site
Another thing I’ve noticed is a massive increase in the 9,10,12 etc year old unbroken horses being sold. Still in the 4-5k range.

interested to know if breaking at that age is either a breeze or a nightmare lol
 

milliepops

Wears headscarf aggressively
Joined
26 July 2008
Messages
27,536
Visit site
Another thing I’ve noticed is a massive increase in the 9,10,12 etc year old unbroken horses being sold. Still in the 4-5k range.

interested to know if breaking at that age is either a breeze or a nightmare lol
A big part of the answer to that will be down to whether anyone has tried & failed previously. I had a 7yo to ride away who'd had multiple previous attempts to back, he was a sweet horse but a tricky character because of what he'd learned in those failures. God knows what had happened. Ineptitude I think ?
 

ihatework

Well-Known Member
Joined
7 September 2004
Messages
22,413
Visit site
Not sure if it’s right to bump this thread but I’m pondering a related issue. With current prices, lots of horses are 10k+ and many of these are older horses, 10yo and upwards. NFU requires a 5 stage and x rays for 10k - would you expect say a 12yo to have clean x rays if they’ve done a reasonable amount of work in that time?

And the other point about whether they’ll hold their price. If folks are buying in this market, surely they’ll want to maintain that level if they sell on in the future, so will that mean prices hold for longer?

Not many horses have squeaky clean Xrays, although it depends a bit on what you X-ray and how they are interpreted. The insurance is an annoying conundrum and you might find yourself spending out a lot on xrays and having to decide whether to accept exclusions or not.

I’m actually really glad I’m not buying anything for myself just now and am glad I’ve got a couple of 2yos in the field!
 

Bernster

Well-Known Member
Joined
14 August 2011
Messages
8,136
Location
London
Visit site
Not many horses have squeaky clean Xrays, although it depends a bit on what you X-ray and how they are interpreted. The insurance is an annoying conundrum and you might find yourself spending out a lot on xrays and having to decide whether to accept exclusions or not.

I’m actually really glad I’m not buying anything for myself just now and am glad I’ve got a couple of 2yos in the field!

Yeah these high prices surely mean more vet fails, difficult issues with X-rays and higher insurance premiums.
 

Red-1

I used to be decisive, now I'm not so sure...
Joined
7 February 2013
Messages
18,374
Location
Outstanding in my field!
Visit site
I enquired about one, 12 years old, 16K, looked nice enough, low level fun... All sounded good, booked to go and visit.

Until I enquired by text for the vet history, whereupon I heard it had an undiagnosed recurring lameness after jumping, where the vet had injected the stifles in case it was them, but they think it may be muscular?

I didn't go to view.

I was surprised to hear that their vet had advised them that he believed it would pass a vetting for eventing - with an undiagnosed recurring lameness.
 

Squeak

Well-Known Member
Joined
6 April 2009
Messages
4,241
Visit site
I enquired about one, 12 years old, 16K, looked nice enough, low level fun... All sounded good, booked to go and visit.

Until I enquired by text for the vet history, whereupon I heard it had an undiagnosed recurring lameness after jumping, where the vet had injected the stifles in case it was them, but they think it may be muscular?

I didn't go to view.

I was surprised to hear that their vet had advised them that he believed it would pass a vetting for eventing - with an undiagnosed recurring lameness.

Was this the one you were due to visit yesterday? Sounds a lucky dodge, I don't know how people can sell on horses like this with a good conscience.
 

ihatework

Well-Known Member
Joined
7 September 2004
Messages
22,413
Visit site
Is it common to get vet history? I’ve never asked before. I mean I’ve asked about vet history but not had access to the actual vet records. With these prices I think it’s reasonable to ask and if they refuse that screams that there’s a problem.

Always ask for vet record printout! Especially if it’s a private sale. Dodgy sellers have their ways of getting around it (2-3 vet practices) so it’s not foolproof, but better than nothing.
 

Ceriann

Well-Known Member
Joined
28 June 2012
Messages
2,536
Visit site
I got full disclosure on mine a few years back and a dental report. She has scarring on a back hind and a bump on tmj, which seller has info on. It was helpful to support vetting which was clean on these. I’m glad I didn’t get x-rays as they’d have highlighted her feet issues (managed now but has been painful) and I might not have bought and missed on what I think is my horse of a lifetime.
 

Equi

Well-Known Member
Joined
25 October 2010
Messages
14,540
Visit site
The problem is they say oh yea hasn’t needed the vet at all since I’ve had her (ie bought two days ago)
 

Ceriann

Well-Known Member
Joined
28 June 2012
Messages
2,536
Visit site
All the ones I like sell in a flash! Rang about a nice ISH gelding, 10 and had done a bit, nice person. No reply, left a vmail. Ad gone in 24 hours. I did say I was stepping away from looking but failed!!
 
Top