What would be a fair offer please?

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wilde2

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My friend may be considering selling her horse, and for various reasons I would not want to see him change homes so am considering offering to buy him. The sticking point I think would be price. She paid 3,000 when she bought him (he was about 10 then) He is 16 now - 15.2 coloured cob - he is a fantastic, safe hack, good to take to shows etc, on fun rides - jumps nicely - will follow xc but can be nappy on his own. He has bad sweet itch, but managable - can be a bit bargy to handle at times, and doesn't stay in stable for long. He has not been schooled and is stiff behind - I don't think he would pass a vetting. Would be really interested in what you think he would be worth? Thanks so much
 
Not too sure but because of age and problems you list, i would say between £700 and £1000 But if you say he would prob fail vetting maybe even less.
 
There are also plenty of positives there, which make him very appealing. I think she could advertise him at £2500 to £3000 and depending on the area / time of year / where and how she advertises him etc etc, she could possibly get in the region of that. Sorry, i know thats probably not what you want to hear.
However, if she wants the horse to go to a person she knows (i.e you) then I feel she should be willing to drop the price.
 
Thanks everyone - its a difficult one - for what he does, he is priceless - but he does have limitations, and if I was looking to buy another horse, I would not look at him from his advert - its only because I know him and would rather he did not have to move yards. Oh well - I will wait to see what price she has in mind, if she goes ahead. Thanks again
 
I would say £1500 with all tack and the lot in, despite market value probably being somewhat lower. Yes he has problems, but he does sound OK for someone looking for something fun and relatively safe to take to local pony club events. I know many people that would consider buying something similar, put it on cortaflex and oils and get some schooling work in. The problem you have got is most owners are just not going to sell for realistic market value so you need to decide what you would offer for the horse then get out of her what she wants - maybe then offer between the market value and what she wants if it is not above your pre-decided max.

It is also worth pointing out to her the ongoing cost of keeping the horse in those months where she would be hanging out for top price. Many owners pay out more in keep than they would have lost selling quickly for a realistic price in the first place. This is an especially good negotiating tool if you are in a position to buy now.
 
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