The market has crashed!

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ChestnutHunter

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Or seems like it! Have noticed so many people with horses for sale practically giving them away as nothing is selling..at my wits end! My mare has been for a sale for a good part of what seems like forever, nothing wrong with her and not even had a phone call on a well worded appealing advert... what has happened to buying and selling!?

Rant over oops!
 
I think it's called a double dip recession......

I've been casting an eye around to see what was on the market. But to be honest, nothing would make me part with my money at the moment......
 
We've just bought a new one (a week ago), whom the old owners could have sold ten times over. I do think that she was a bargain though, and my saddler said the same when she saw her this morning :) :) We're thrilled with her :) :)
 
Brighteyes that's what gets me, people are STILL breeding. Needs to be stopped.
There are homes out there but I think it's only the very good that is selling. Somebody I know is looking to buy but is annoyed and says the market is full off rubbish.
 
I had the opposite problem. Had money to spend on a horse yet there don't seem to be many good ones on the market! And the ones that sound as if they are don't live up to the very well worded ad. We have found a horse now thankfully, was beginning to get fed up traipsing the country for yet another dud. However, his ad wasn't particularly well worded and didn't really have a great deal of info on - i only phoned up because he looked nice and was about 25 mins away from us! Lucky i called!
 
amymay said:
I think it's called a double dip recession......

I've been casting an eye around to see what was on the market. But to be honest, nothing would make me part with my money at the moment......
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There is a lot of rubbish around. I bought a new one earlier this year, 3 or 4 months ago, and saw so many awful adverts. Sellers seem to have an over-inflated idea of what their horse is worth or is capable of. That said.. I looked at a few ISH eventing types with great breeding and didn't like any of them (one I liked a lot but it would have been wasted with me). Ended up buying a 14.3/15hh Irish Connie x (bit of spotty and plenty of bog cob in there too I'd say) of indiscriminate/unknown breeding who has turned out to be an absolute superstar!
 
The market crashed a few years ago. The double dip recession combined with over supply. There are still far too many horses and not enough people wanting to buy one. Lots of teenagers these days do other things and there arnt enough young people coming on board. Bound to happen with all the over breeding.
 
The trouble is that there are too many badly schooled, unsuitable horses around, after years of them being too "affordable." (Not meaning you OP).

I remember putting up a DG thread in 2009 and asking if this was the top of the horse market and I think it was. The "crash" was inevitable, yet no one, not least the bankers and politicans couldn't see it.

Being a luxury item, horses are the first things to go when you are hard up or worried about your job.

The best thing anyone can do for a horse is to school and produce it correctly, and so we would have less advertisements for "will not hack out alone" or won't load, etc. etc.
 
thatsmygirl said:
Brighteyes that's what gets me, people are STILL breeding. Needs to be stopped.
There are homes out there but I think it's only the very good that is selling. Somebody I know is looking to buy but is annoyed and says the market is full off rubbish.
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I am breeding from my mare, some to keep and some to sell in the future. I am only doing it as I cant afford to buy anything with the bloodlines and (hopefully) potential that they will have.

I see people moaning about breeding alot, I think its whats being bred rather than it as a whole thats the issue
 
Certainly the market is depressed, but I would argue that it hasn't crashed.

The market is flooded with cheap bottom end horses that are poorly bred / poorly produced / lame etc etc - so if you want to buy cheap you are overloaded with crud people are trying to shift. Great if you want to take a chance on a bargin for a few quid.

A lot of the middle part of the market are way overpriced / poorly advertised for a depressed market - but the good ones are selling.

Top end is strong. Quality will always sell.
 
You would have thought that it would be possible for a lovely PC family who are offering (bar total disasters) a 'forever' home, to find a genuine, safe all-rounder for about £3000.

It seems not. An awful lot of overpriced rubbish out there. If anyone's got a 15-15.2 one hiding in a field then please let me know :-)
 
Orangehorse said:
The trouble is that there are too many badly schooled, unsuitable horses around, after years of them being too "affordable." (Not meaning you OP).

I remember putting up a DG thread in 2009 and asking if this was the top of the horse market and I think it was. The "crash" was inevitable, yet no one, not least the bankers and politicans couldn't see it.

Being a luxury item, horses are the first things to go when you are hard up or worried about your job.

The best thing anyone can do for a horse is to school and produce it correctly, and so we would have less advertisements for "will not hack out alone" or won't load, etc. etc.
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I have had my boy schooled as I thought it would help to sell him, this has not worked, most riders don't know the difference.
 
HazyXmas said:
You would have thought that it would be possible for a lovely PC family who are offering (bar total disasters) a 'forever' home, to find a genuine, safe all-rounder for about £3000.

It seems not. An awful lot of overpriced rubbish out there. If anyone's got a 15-15.2 one hiding in a field then please let me know :-)
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I whole-heartedly agree! I have the opposite problem to the OP; I have money and a willing 'forever' home and can't find ANY suitable horses, or when I do there is some glitch like them not being for sale anymore! Agggghhhhhh!
 
HazyXmas said:
You would have thought that it would be possible for a lovely PC family who are offering (bar total disasters) a 'forever' home, to find a genuine, safe all-rounder for about £3000.

It seems not. An awful lot of overpriced rubbish out there. If anyone's got a 15-15.2 one hiding in a field then please let me know :-)
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ive got a 16hh allrounded for confident novice to advanced rider and over my dead body is she ever going anywhere as they are like gold dust and she cost me 5000 3 years ago and was maybe overpriced by about 500 cos of age but shes doing ok for herself.

i know people who think that cos its competed this them a bit at local level suddently a horse they brought for 1000 as a 9/10 year old is worth 5000 as a 12 year old. face palm
 
Also not all the good horses are selling. I was selling my mare, by harlequin du carel. Showjumped bsja up to newcomers. Huge jump, jumps 1.50 at home for fun. Nice paces. Qualified blue chip a few years. 8 year old, loads of potential.

Priced the same as similar that was selling, 10 people tried her and loved her and offered me stupidly low money! Baffles me.

I still have her :D
 
There is an oversupply of tall horses and small ponies, especially the latter.

A well behaved vice free 15 hander all round family pony (not heavy cob but good doer with good feet and low maintenance) has always been the most in demand and shortest in supply.

So it is still the case that the thing that most people want is still not usually the thing people are selling.
 
badgermyers said:
I see people moaning about breeding alot, I think its whats being bred rather than it as a whole thats the issue
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Agreed.

Ive got a lovely yearling here thats not for sale but you wouldnt believe the amount of offers we get for her, we could sell her many times over, just have to keep reminding OH shes not for sale :D
 
Capriole said:
Agreed.

Ive got a lovely yearling here thats not for sale but you wouldnt believe the amount of offers we get for her, we could sell her many times over, just have to keep reminding OH shes not for sale :D
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Indeed, its those who breed (no offence here), gypsy cobs, and field pets thats the issue. There are too many of those. But competition horses there is a market for.... supposedly :P
 
I've just sold one of my project horses and am looking to buy either a foal or broodmare, but anything with decent conformation, movement, bloodlines is still on the market for silly money.

I could buy an gelding with a good competition record, etc etc for less money. :eek:

WB's, dressage horses and show cobs all seem to be selling for similar prices to a couple of years ago, whereas almost everything else is being sold for peanuts.
 
tabithakat64 said:
I've just sold one of my project horses and am looking to buy either a foal or broodmare, but anything with decent conformation, movement, bloodlines is still on the market for silly money.

I could buy an gelding with a good competition record, etc etc for less money. :eek:

WB's, dressage horses and show cobs all seem to be selling for similar prices to a couple of years ago, whereas almost everything else is being sold for peanuts.
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Agreed I just bought a 3year old WB from Belgium as it was better value for money. I kept my mare as dreamers came and couldnt ride her and offered me little for her. She is now a broodmare. I am having one from her to either keep or sell. I would sell her if someone wanted her or I shall keep breeding and maybe get her graded next year. She is lovely :) Anyone else breeding this year?

Here she is :)

IMG_2887.jpg
 
tabithakat64 said:
I've just sold one of my project horses and am looking to buy either a foal or broodmare, but anything with decent conformation, movement, bloodlines is still on the market for silly money.

I could buy an gelding with a good competition record, etc etc for less money. :eek:
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Have you any idea how much it costs to breed these youngsters? I have 2 yearlings for sale at the moment and cannot believe that people think that nicely bred, quality youngsters are overpriced. I have done mine well, wormed feet trimmed etc and am not prepared to sell them for less than the stud fee cost! Luckily for me I have the room to keep them.
 
The problem is, it doesn't really matter how much it has cost to produce them, it is what someone is prepared to pay for them. I keep hearing about lovely things for sale, done a bit of everything, safe to ride etc, but no one comes to see them. Couple that with the amount of people who have overhorsed themselves with nice comp bred horses and wrecked them, and the market is flooded. The price of hay and feed keeps going up, so its not really a surprise things aren't shifting. My pony is coming back off loan at the end of the month due to her hours being cut. Things are unlikely to improve any time soon.
 
I've been keeping an eye out for a well behaved 16hh plus steady type, something my novice OH could ride, and I could lead the baby out on. Doesn't need to be anything flash, just sound and no vices but I have yet to see anything I would even phone about.
 
I've been keeping an eye out for a well behaved 16hh plus steady type, something my novice OH could ride, and I could lead the baby out on. Doesn't need to be anything flash, just sound and no vices but I have yet to see anything I would even enquire about. There's a gelding advertised in the local farm store who might fit the bill but 4 grand for a hack is a bit ott! They'll never find a buyer.
 
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