Selling and buying horses! - price discrepency - **pics**!

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moneypit1

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I have sold only 8 horses in 40 years of horse ownership. 5 of those were bought to sell originally, for example, bought as weanlings and sold as 4/5 year olds backed and ready to go on etc. I have to say that every horse I have had for sale has sold within a week. This is because they have been for sale for realistic prices. I recently sold Harry, a 5 yo Friesian x tb that I bought as a 7mth old. He had been backed, schooled on, placed in a couple of prelim dressage test, xc schooled sucessfully over 3ft (ie, completed course with only 1 stop), sj to clear round at 2ft 6", hunted twice, (enthusiastically tbh but safely!), done a few fun rides, good to shoe, box, clip, excellent in traffic etc. Here he is.
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What do you think I advertised him for, or rather, what would you pay? (by the way, the for sale price included all tack, Stubben saddle, English bridle, rugs etc). He is full up 15.2hh. The point of this post is, I see loads of outrageous adverts for horses for inflated prices that actually have done virtuallly NOTHING. Just interested. I will post the amount I actually advertised and sold him for later. x
 
Disregarding the tack/rugs, I would value him at around £2750.

I bet a lot of people would value him a lot higher than that though!
 
Well i know at the moment horses where i live can be bought at auctions for easily less than £100 ! so theres such a dip int he market!
I just sold my 16.2 hunter 13yo done everything for £2300 but there was so little buying we were happy for him to go and stop costing us money !

So that in mind i guess about £3800-£4200 (depending on tack value) and btw he is totally gorgeous !! I want a grey one day, eventually, keep getting bays though !
 
Have done a similar thing as could of sold my mare a million times and wonder what everyone considers 'resonable' I would say given todays market £4000, depending on wadrobe value.
P.S he's lovely.
 
Ok I have NO idea about prices but my very first thought was £3750. Pretty random and I'm sorry if that's totally wrong :o

He is gorgeous though. I'm a sucker for greys :D
 
firstly,he is lovely.not an expert on prices but bought a lovely irish coloured mare on monday,8 years old,same height build,who he stated jumps 1.10 courses easily and he offered to show me.but as i dont want to jump didnt ask him to.paid 2500 without any tack and think this was a fair price
 
Hes gorg, what a jump! He looks bigger than a 15.2 lol hmmm well i no someone who sold a trotter for 3000, honestly dont no how she got it as it was the most clumsiest horse ever and not correct paces! I no someone else who sold a 14.2 who was jumping clear round 1m courses and was a dope on a rope she started at 4500 ended selling for 3500 with tack. So id say about £3000 ish
 
I think he is rather lovely, and just my type of hoss.Without tack etc I would of paid £3-4k for him......

So what did he go for?
 
Well I have just sold my connxID 4 year old mare for £2900 who had not done as much as your horse (bit of dressage and bit of jumping). Have just purchased a gorgeous full ID gelding by Corran Ginger 4 year old 17hh for £3800 including all tack and rugs and only paying that much as the owner has let me ride him so many times at a show, out hacking, schooling and even took my trailer up to try him in so I know how geniune and honest the owner is!
Yours I would probably say £3000 - £3500???
Let us know price you sold him at for interest!
 
well i bought my poy supposedl done a bit of everything but had a year off and all he did wa hack and ge fat!
i bought him for £3100 down from £3700 what they bought him for
llthough he did and still does need quite a bit of work allthough he is an amazing jumper and realy strong so most people can ride him
hope this helps
 
Sorry everyone I have been so busy I got side tracked! I sold him for £2700 which I think was a fair price. I am amazed at how many horses I see for between the £3 - £4k mark of the same age that have done NOTHING and are still very green and unbalanced. No wonder they take ages to sell.
 
moneypit1 said:
Sorry everyone I have been so busy I got side tracked! I sold him for £2700 which I think was a fair price. I am amazed at how many horses I see for between the £3 - £4k mark of the same age that have done NOTHING and are still very green and unbalanced. No wonder they take ages to sell.
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What a good and fair price. he`s a stunner.
I`m always a horsemart stalker and always looking to see what horse i want next and anything that has done a tiny bit is so over priced, its nice to actually see someone being fair! Yay you!! xx
 
moneypit1 said:
Sorry everyone I have been so busy I got side tracked! I sold him for £2700 which I think was a fair price. I am amazed at how many horses I see for between the £3 - £4k mark of the same age that have done NOTHING and are still very green and unbalanced. No wonder they take ages to sell.
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So were you still able to make a profit on him, selling at that price?
 
TGM said:
So were you still able to make a profit on him, selling at that price?
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My question too!

If you had him for 4 yrs 5 months (for the 7 months you bought him until just his 5th birthday), and bought him for, say, £200, spent £150 on second hand saddle and £15 on second hand bridle, to break even you would have to have kept him for the grand price of £44 per month.

The thing is, prices are generally higher because people who produce/bring on youngsters would like something for their time, and most people can't keep a horse for £44 per month (do you have your own land?), so would need to factor in higher costs of keep.
 
moneypit1 said:
Sorry everyone I have been so busy I got side tracked! I sold him for £2700 which I think was a fair price. I am amazed at how many horses I see for between the £3 - £4k mark of the same age that have done NOTHING and are still very green and unbalanced. No wonder they take ages to sell.
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Whoah.. i wish i had know, i would have been interested! Damination!
 
I am also glad to see a horse at a reasonable price, if everyone were to make a profit on every horse they improved then they would be extortionate!

ie. buy a young broken horse (4/5 yo) for £2000, keep it for 4 years and sell it, if you took into consideration the cost of keeping (say £40/week? £2080/year = £8320/4 years youve owed horse + £2000 original = £10,320)

so you would have to sell horse at more than £10,000!!!!!

or a youngster (10 months) for £100, keep for 4 years and sell- £8420 to keep and buy, need to sell at more than £8500 to make profit!

I like to think of profit as anything I make over what I paid for the horse and ignore all the ongoing costs! LOL
 
KikiM said:
I am also glad to see a horse at a reasonable price, if everyone were to make a profit on every horse they improved then they would be extortionate!

ie. buy a young broken horse (4/5 yo) for £2000, keep it for 4 years and sell it, if you took into consideration the cost of keeping (say £40/week? £2080/year = £8320/4 years youve owed horse + £2000 original = £10,320)

so you would have to sell horse at more than £10,000!!!!!
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Not as unreasonable as you think if the horse has any talent at all and the rider has put the work in. Horses that jump at Foxhunter level (which a good horse should easily reach by the 8yo you're suggesting), are worth a fair bit over £10,000, as are those at Medium level dressage, and equally those doing well at a similar level BE.
 
KikiM said:
I am also glad to see a horse at a reasonable price, if everyone were to make a profit on every horse they improved then they would be extortionate!

ie. buy a young broken horse (4/5 yo) for £2000, keep it for 4 years and sell it, if you took into consideration the cost of keeping (say £40/week? £2080/year = £8320/4 years youve owed horse + £2000 original = £10,320)

so you would have to sell horse at more than £10,000!!!!!

or a youngster (10 months) for £100, keep for 4 years and sell- £8420 to keep and buy, need to sell at more than £8500 to make profit!

I like to think of profit as anything I make over what I paid for the horse and ignore all the ongoing costs! LOL
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I think it depends on how you view your horse ownership. If it is purely a hobby, then yes you buy a horse and if you need to sell for some reason then you are not usually too worried about whether you make a profit on it.

However, if you are buying or breeding horses specifically to sell on then it is reasonable to expect to make some profit from the sale! I know some producers of young horses have posted on here to outline their costs of producing said horses to explain why they would expect a reasonable sale price for such animals.

I would be interested to know whether the OP bought the youngster specifically to sell on, in which case it would be reasonable to expect a profit, or whether she bought it intending it to be her future mount, and for some reason changed her mind and sold it on. Or perhaps she just enjoys bringing on youngsters as a hobby and doesn't mind that there is not much money to be made from it!
 
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