Some advice from you ever so helpful lot...

[madhector]

Spooks went and had his scan and it all turned out fine, he is fit for work and has been given a clean bill of health

The potential buyers were still wary though and didn't want to risk buying him in case years down the line he had a problem. So they suggested leasing him for a year. Now this works out great for me as he will spend the year doing Pony Club and hunting, jumping etc and then come this time next year will be 5 and much more sell-able.

We have decided a figure for how much they will pay per year, but wondered what people thought was a good amount? (4yr old sec A gelding, perfect in every way, was being sold for 2K)

Also what sort of agreement should we draw up? Assume we should have something in writing even though they are friends of friends and only live down the road.

He will also be coming back here when they go away so I can continue schooling him so hopefully come this time next year he will be worth a lot more.

What do you think? Is this a good plan? Or should I have just re-advertised him and started again

 

[Racing_Gal]

With all the storys ive heard lately id say loaning is a bad idea but as you know them and he's only going down the road it sounds perfect. At least you know he'l be well looked after and you can check up and see him often. would have no idea of a price, will they be paying for vet, shoes, feed new tack etc?

 

[Holly27]

Its great if they can ride and do all things that would help to bring him on , But if they do something that puts back his schooling or something happens then you will have to undo what they did wrong


personally yes its a great idea but just make sure you are 100% happy with how they look after and ride him.

and the market is slowing down as well at moment
good luck with what you decide

and id charge 50 to 100 a month to lease

 

[moneypit1]

tricky one but have to say my gut feeling is to cut all ties and sell completely. Just have uneasy feeling about long term loans etc., tricky all round. x

 

[brighteyes]

Well, you like them and think a lot of the pony (or you wouldn't be wanting him back/be pleased to see him for schooling. Definitely draw up something to ensure he isn't sold or sent back in bits for you to fix because they hadn't insured him. Or insure him yourself and get the premiums from them. Cover your back and his.

I bet they fall in love with him and buy him - that's what we did!

 

[madhector]

[ QUOTE ]

I bet they fall in love with him and buy him - that's what we did!

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Thats what Im hoping

 

[madhector]

They are very experienced and I will go over once a month to school him and make sure he is still going well.

 

[tabithakat64]

That's great! I'm not sure what I would do in your position, probably lease him I think.

 

[Booboos]

Fantastic news for Spooks! I am so pleased for you, he is the cutest pony!

Not sure what to advise regarding the leasing, but go with your instinct with these people and since you can keep an eye on them I am sure things will be fine.

 

[badgerdog]

Hope they just fall in love with him and end up buying him. I ended up buying my long term loan horse, I loved him so much I couldn't have let anyone else have him.
I've had a few loan horses and have never paid anything to lease them. I looked after them as if they were my own, paying for my own livery, shoes, feeding, insurance, vets fees etc. This was saving the owners so much money they didn't want anything on top of that.
I would draw up a contract (available from the BHS website) but if they are taking him away and looking after him full time I personally wouldn't be asking any extra payment for him.
Good luck, I hope it all works out.

 

[Silverspring]

Have you thought about a contract whereby they pay so much a month for having him and at the end of the year this amount will be deducted from the final price? Or if they then decide not to buy you keep the money, it seems only fair and if they are serious about buying then they should be happy to do this.

From a buyers point of view I'm not sure I would be willing got keep a horse for a year on loan then pay more for the horse for all the work I had put in. I would expect the agreed value of the horse right now to be put in as the final sale price.

Hope it all works out well for you

 

[seabiscuit]

Absolutely not to the loan. Cut your losses and sell. He could break a leg tomorrow. If he has had the all clear from the vet, then go ahead and sell as you were originally planning to, am sure that he would sell well....