Selling, did/do you sell for more than you paid?

how often do you clean your tack?


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Enfys

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Following on from St_Bernards thread about purchase prices.

What do you consider a reasonable gain? Half as much again? Double?

I have never made a whacking amount from my horses, I guess Arian was the best, priced high for the Welsh market, low for the English one, still, it was fun reading her exploits as a star character in a best seller.
 
Apart from 2 horses that I bought unseen and I pretty much gave them away just to cut my losses, all of my selling horses have made me significant profits.

I generally buy for somewhere around 3,000 and they all sell for between 6,000 and 10,000.

I wouldn't even consider buying a horse if I couldn't guarantee that I would make, at the very least, double what I paid for them (including their costs whilst here).
 
Since apparently it wasnt clear
Bought 1st pony for £1000 10yrs ago
sold it 3 years later for £35,000
Was a JA pony when sold
 
I bought my old horse for £2k and sold him a year later (as 10 yr old) for exactly the same price. I was pleased to get rid of him at all as he had too many issues for me to deal with. I could have tried selling him higher, and probably could have doubled my price, but it might have killed me in the process.

We kept the other horses for too long to make any money. One was bought for 1k and sold 3 years later as a half-blind 15 yr old for £250. Another was bought for £2.5k and sold 7 years later for £1k (complete with broken knees and knackered liver).

It's a good job I'm not in the horse dealing business...
 
bought an 11 year old ex racehorse straight off the tracks for £1000 - yes I know alot to pay for one but he had an exceptionally laid back temperament. sold 18 months later for £3500 and he is now competing BSJA successfully with his 15yr old owner.
 
I aim to make enough to cover buying, expenses and divide equally to give at least a hundred quid or so profit to all involved (tends to be 3 of us). That to me makes it worthwhile although would prefer to make more obviously! Does depend on if the horse is bought to bring on or to keep, the ones for keeps tend to be whatever they're worth, did sell a pony for double and he wasn't cheap to begin with so pleased with that
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but he was a superstar, and a keeps one so not bad.
 
Bought a 3yo ex race TB for £800 and sold 3 months later as an eventer (and she was class) for £1300 - made about £100. Old horse bought at 6 for £1800 and sold at 16 for £1200 but it was to a great home, though when I hear what they are doing should've been at least double that. Been on RC SJ teams, hunting taught kid to jump and ride
 
I bought a cob from a teenager who was scared of him a few years ago for 800. Nothing wrong with the cob at all but the girl was a novice who had bitten off more than she could chew. A month of firm handling & teaching him to jump, two small competitions & a bit of attention from the farrier & I sold him to a lovely home who still have him now for 2000. Helped me to buy my dressage horse!
 
bought a 4 year old pure connemara gelding in 1999- as my first pony. he was fantastic, bucked like a bugger but got it schooled out of him- we did pc, camp, ode's and sj, then sold him in 2003 for 3750- he taught me so much, as i had to struggle with him.
 
My 1st pony was bought for IR£800( around St£1000) ten years ago and sold about 4 years later for 1800euro (£1200ish). We paid far far more than the pony was worth.
2nd pony was 1800euro and sold for more than 17 times that. (less than 12mths later she was sold at Cavan sales to a (reputable!) dealer for 3000euro as was a difficult ride!)Same dealer had offered me 10,000euro for her when I was selling her-he got a bargain and made a nice bit though he had her all of 3weeks (i also know what he got for her)!
Next i got a 2yo colt with a friend for 1500euro (split between us). Sold 6months later rising 3yo just backed and gelded for 18,000.
Bought a coloured pony from the travellers for 350euro and sold 5 days later for 4,500euro.
Was "given" a premier broodmare in foal with foal at foot by Rich Rebel in return for some work i did for a breeder and though she died 2years later made a nice bit from her offspring the last of which i sold at xmas as a 2yo to make 148cm for 12,000euro(very well related to European sj pony and sold to owners of his full sister).
Last june i bought a TB mare for 10,000euro at sales and sold her for roughly double at xmas broken and ready to go. Shes now in training in the UK.
And now I have a yearling Tb gelding by Oscar who was 8000euro ( a snip for this fellow as elderly owner-breeder isnt able to look after all his sock and this chap hadnt any handling).

Having said that, Iv been extremely lucky and have based any purchases in recent years on good conformation and good ( or in some cases fashionable) pedigrees combined with athleticism.
Ponies are easier o make a profit on in this country and any ones Iv worked with that have come from the travellers are bombproof even in the heaviest of traffic - though some of them need a lot of work to teach them to canter in a balanced fashion.
 
Bought 3 ponies for £75 (all 3) gave one away, sold one for sold other two for £250 after a bit of handling. Bought my mare for £1000.00 will never sell her, although she is worth a lot more now, But have just put her in foal so may sell that. Bought my bay pony for £750, gave him to a friend. The grey cob was bought for 750. and sold for £2800, she now has a super home and a super owner. Its really a bit of swings and roundabouts when it comes to me money and horses. Although if i do make money its generally a lot more than i paid for the horse.
 
The one and only time I have ever sold a pony was a Shetland mare called Ruby. I brought her for £80 and sold her at Leominster sales for £580! I was hoping for £150 max but two people fell in love with her and were bidding against one another - everyone was amazed, it was hilarious. I felt quite guilty.... for a minute anyway
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She went to a lovely home only a few miles away, as a companion to foals. They have sold her recently to a family for the children to ride. She was a lovely pony and I would have to track her down and buy her back if I ever have children, no doubt for a lot more money
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I dare not ever sell at a sale again - I will never be as lucky with the price and the lovely buyer
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Shadow cost me £400 as a two year old (he was advertised for £2000 but i haggle hard lol) and sold him for £3750 but it was nearly 4 years later and im sure he cost me more than that in keep, but i never set out to sell him let alone make profit from him!
 
I paid £2500 for my last mare and sold her for £1800 because I wanted a good home. She needed a sensitive confident owner who would take the time to understand her, but be firm, which I found, and they love her!
 
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