What a five figure budget means to you

Birker2020

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Recently I sent a FB message to someone advertising a horse I was interested in viewing asking how much their horse was as they'd indicated a low five figure budget.

To me a five figure budget indicates anywhere between £10k - £20k (for the type of horse I'm looking for.) With a low five figure being £11k- £12k . She replied £16.5k.

Am I missing something?

I know this has been done to death on the forum but no real conclusion was ever drawn. Or is it a 'how long is a piece of string?' question open for individual interpretation.

I don't understand why people can just say or indicate with carrots, I.e 12.5🥕🥕🥕 for example. Why the cloak of secrecy??
 

CanteringCarrot

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I always assume that they do that because the price will vary depending on how much they think you have.
.

To be fair, if it is on Facebook I can understand why. Sellers cannot list pricing and some groups (and/or higher FB powers that be) are cracking down on the whole carrot 🥕 thing and using emoji's for pricing. I've seen a group or two mention it, and can understand why some are careful about it.
 

Birker2020

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I’ve never had enough of a budget to worry about what anything into five figures means! 😝
Joking apart, sadly this is the new reality of buying horses. Silly prices.

Some of the videos I've been sent are frightening in respect of visibly lame horses or horses that are over bent, hollow, ears back, swishing their tails constantly, or looking like they want to constantly tank off or swap hind legs in every corner.

Either some sellers are totally unrealistic in their pricing expectations or they are just trying it on.
 

SO1

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I take low 5 fiqures to be 10-12k.

It is very subjective and maybe the don't put the price on as they may change the price depending on people’s reactions. So if they say 16k and don't get any viewing they can adjust the price when new people call.
 

nutjob

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Some of the videos I've been sent are frightening in respect of visibly lame horses or horses that are over bent, hollow, ears back, swishing their tails constantly, or looking like they want to constantly tank off or swap hind legs in every corner.
Same. Also people who put an advert for a horse costing a 5 figure sum with one blurry picture, no conformation shots or videos and say no photo or video collectors. As if you want to do a 5+ hour round trip to see a lame horse making a noise when everybody's time could be saved with videos.
IME low 5's does usually mean 10-20k, whether you agree or not unfortunately.
 

MissMay

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To me it crucially depends where they are advertising that dictates the low 5 figures.

For example on Facebook or donedeal to me low 5 figures is 10-12k high 5 figures is 15-20k

But if i was on an established sport horse dealers professional page I would readjust that
 

dapple_grey

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I always assume that they do that because the price will vary depending on how much they think you have.
.

I’d assume the same. I recently put a wanted ad up and had lots of messages of ‘what’s your budget?’. I don’t want to tell people the max I’d pay, if they were selling a horse for £9k and they now know my budget is £10k well it’s suddenly going to be 10k isn’t it? My criteria is pretty open so what I’d be happy to pay for one horse can be very different to what I’d pay for another. For example something very green with no competition record I wouldn’t part with the same money as a more been-there-done-it type.
 

little_critter

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I’d say if you’re going to classify it into low/mid/high then that should split your 5 figure sum (max 99999) into 3 equal brackets, being 10-30k, 31-60k and 61-99k.
If you were going to be pedantic then it would be to 33k, 66k, 99k but it’s simpler to end on a round number.
 
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