Paddydou
Well-Known Member
'Sensible' from whose point of view? What do you think of as 'ridiculous'? I have a couple of home-breds to make that size, either just-backed and hacking quietly or in the process of being backed. But they cost to GET to that stage. When you consider that it costs at LEAST £2,000 to get that sort of youngster to weaning, you keep it for another 3 years, and then put in time and money backing it properly, it HAS to be priced at £4,500+ or the breeder is losing money (as opposed to just not making anything on 4 years work and investment!)
This just got me thinking. For a young horse to bring on and go to some semi serious competitions I would expect to pay around £6k. For a young "Happy Hacker" to do some RC activities and local shows I would look more around the £3k mark which really wouldn't cover the cost of breeding.
I don't think its unreasonable from a buyers point of veiw but from the sellers (serious sellers who make a living from it) how on earth do you make any money? Todays market is one where more redundancies are expected the vast majority of the population has serious debts (£10k+) on credit cards and loans (I am excluding morgages), lending has been drastically cut... How on earth do you cope with it?