What would be a fair price for this horse?

If they have had enough and are desperate to hand over the horse to someone else then £1k or thereabouts.

If they are still planning on getting him fully recovered and back in work, to sell for more and recoup some of their original price, then I would ask what they would take and see from there.

If you’re willing to take the risk, eyes wide open, and vet thinks outcome will be positive, then it’s not such a bad idea at all.
 
'Briefly: 8 years old. Great breeding. Low mileage but was with a respected event rider on sales livery who said had a great brain and plenty of ability. - If low mileage and did a tendon, and has been with a good rider, I'd be very wary this was sold to teen as a 'low quality' horse that only had theoretical potential..
 
'Briefly: 8 years old. Great breeding. Low mileage but was with a respected event rider on sales livery who said had a great brain and plenty of ability. - If low mileage and did a tendon, and has been with a good rider, I'd be very wary this was sold to teen as a 'low quality' horse that only had theoretical potential..
I didn't do a tendon in work. It had an abscess that ended up infecting pedal bone. After box rest for that he got turned out and done a tendon doing hoolies in the field.
 
Just my opinion:- This horse needs to be Free to a good experienced home. Considering even sound, he is not proven, he needs a huge amount of rehab and expensive ongoing vet visits.

My daughter was given the most beautiful and well bred rising 5yr old mare. The owner bought her as a yearling, although top class breeding she needed to win a race to become part of the stud he was building up. She raced three times as a 4yr old. Once in a Bumper ( National Hunt Flat race) and twice over hurdles. It was decided she wasn’t good enough!
The owner was fond of her and not keen to let her take her chance in a sale, so offered her to us. He knew my daughter was a good enough rider and could provide a good home. There were no strings attached, she could keep her or sell on.
She is not for the faint hearted and hasn’t made the grade as an eventer but is rapidly progressing as a dressage horse. Not something we have specialised in before.
It is always a gamble. There is no guarantee yours will make the grade or even stay sound.
 
I'd expect it free to a good, experienced, home with references from vets and trainers etc.

I'd pay up to £1k if I really liked the horse and if I had £5k I'd happily write off (purchase price + livery + vets for 6 months) if it didn't come right.
I'm a bit lary of horses that do tendons in the field, unless it was truly boggy/ leg breaking ground.
 
Thanks everyone. It's probably a no from me, realistically. Too many risks and a lot of upfront expenses in the meantime. x

I have done something similar twice - taken on lame horses which require rehab for recovery.

Both times, I've loaned the horse with the agreement that if it passes a vetting (or was deemed clinically sound, in one case as it would never have clean X-rays) in an agreed amount of months, I could purchase for a percentage of the original asking price. But, if it doesn't, then I could elect to buy it for £1 but had no obligation to do so.

One recovered to be sound enough to work from the vet's perspective but the horse didn't seem to enjoy schooling so both the owner and I agreed that she needed a hacking home which she found easily and is very happy in. The other is still with me.

I would probably take the sort of horse that you've described on a loan, with an up to £3k purchase price if it passes a vetting in 12 months, or £1 if it doesn't.
 
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