Very cheap horses...

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ElaP

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Hi all,

I've been going through the latest H&H classifieds (as I do every week wishing I could buy a nice horsey, sigh), and have been struck by the amount of what seem to be very cheap nags in there! The seem to range from PtoPers to normal riding horses (with only one giving the reason of 'grumpy' for the price), with a few just backed youngsters (with thoroughbreds being top of the 'cheapo' list). I'm just wondering why people think this is - credit crunch, or just people flogging bad horses, or lack of demand for thoroughbreds/ex racers, or underlying problems...? Also, has anyone bought a 'bargain' who has turned out brilliant? Basically - is it ever worth the risk...? Bearing in mind that I am sorely tempted by the £2000 rearer on horsequest.com, so my judgement is probably not very good...
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I think its really sad when you read some of these stories. I've been to look at 'cheap' horses but as far a I'm concerned they normally all have some problem or another. They maybe cheap to buy but you end up spending a fortune getting them 'right'.

I've been looking for a decent horse for a long time and just cant seem to find anything that is trouble free. I thought that for around 4k I would be able to find something nice but it is not so.
 
I have just sold 2 horses that had nothing wrong with them other than the odd lump and bump and I sold them at a reasonable price as the home was good.
I am also trying to sell another smart 6 yr old TB horse that will not be expensive as he isn't that friendly in the stable. Not dangerous but pulls faces at you as he has been rough handled before he came to us.
There are bargains to be had.
 
I've just read the other post about the possiby rip-off ex racer, and interested to see that this type of horse seems to go for really cheap. Particularly interested as I am schooling a point to pointer at the moment that I would LOVE to buy if he doesn't get round the track again next season...

Hostess99, have they had health issues, or just been badly behaved? The health issues would worry me massivly, but I'm always intrigued to see horses such as you decribe Charlie76, face pullers and grumpy sods, being marked down in price, especially if they have potential in other areas.
 
Some people seem to be able to take risks on cheap horses and get away with it, i am not one of these people. I think mostly people know what horses are worth a bit more these days so it's harder to find a bargain.
 
My friend sold her 5 year old TB for £750 with all tack and rugs.

She was a sweet little thing, lovely natured and eager to please, not a bad bone in her body and fit and healthy too. She also had a cracking jump.

Cheap horses don't necessarily mean difficult horses.

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Some people seem to be able to take risks on cheap horses and get away with it, i am not one of these people. I think mostly people know what horses are worth a bit more these days so it's harder to find a bargain.

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ditto me! its the same with anything...if i buy clothes from primarni i look a mess and they fall apart and yet my friends look amazing
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as i keep telling my OH "i was not designed to be cheap"!!
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Yup, I tell my OH that (EDT re the clothes thing!) as well but it doesn't seem to wash... shame!

Hmm, so TBs generally are on the cheap side then. I have read in a couple of places that people don't tend to want them - suprises me, the PtoPers I ride are complete dobbins (well, not quite, but very chilled), great to hack, brave, amazing in stable... yes very quick and sharp, but surely that's fun..?
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Bodes well for getting one of my own on a budget, anyway. I would happily take on a TB to retrain, finding the one I'm riding now sooo rewarding (but then, he is a bit special I think, he's a beaut).
 
My friend sold her TB for £300 including tack, rugs, buckets and everything i would have bought it if i knew could have got that back by just selling tack etc
 
I have 3 horses who I would consider to be bargain/problem horses when I bought them and 1 who was expensive and well bred with no problems. 1 had been bolting due to badly fitting saddle, now jumps affiliated really is my horse in a million. Cost £2500 including all rugs etc. No 2 is an ex racer bought straight from racetrack cost £1600 has no issues at all and is a little superstar. No 3 I've only just bought for £1000 a 5yr old appy gelding who had issues with people getting on him. Had him a few weeks and can now happily get on him with no probs. My expensive horse has been injured or having issues with something or other since he was 4 and is now 9. He is worth less now than what I paid for him and has more issues than all the others put together. I think a lot of so called problem horses are caused by the people who ride/handle them. Things like teeth not being looked after and badly fitting tack can turn a lovely genuine horse in to a so called un rideable problem. I have had no problems with any of my problem horses and now when buying I actually look for horses with issues as they are normally cheaper and often have no problems at all. Sorry its so long but I am quite passionate about this subject.
 
Round here the horses seem so overpriced, i was looking for another project pony but even those with problems seem way overpriced wish it was like that round here
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