yes, i thought i'd overpaid for my horse, but was happy to, because i'd fallen in love.
i now think he was worth every penny (and more).
i think the market value doesn't take into account the fact that different people want different things. eg, for me, a bombproof horse that can hack safely is worth far more than a grand prix level dressage star....
Thanks because IF this cob is as described I will keep him forever and could have a lot of fun with him.I need something to restore my confidence and that outways for me any talents in dressage,jumping etc.
I think I only would if I already knew the horse. For example, Zoom is on loan to me and I would DEF have her if she came up for sale and would probably pay double her worth since I love her.
It was the same for Monty...he only cost me £1 in the end but I would have probably paid good money for him since I am a sucker!
However, if it was just a random horse then I don't think I would.
but what is market value? in the end market value is what someone will pay for the horse so if you have paid the price that is market value! Prices vary a lot - depends on base horse but also on what is wanted, what warranty might be given, how much you know about the horse etc etc
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Thanks because IF this cob is as described I will keep him forever and could have a lot of fun with him.I need something to restore my confidence and that outways for me any talents in dressage,jumping etc.
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So you don't actually know this horse? In that case definately no. OMG I bet they wouldn't believe their luck having you turn up!
Seriously there are plenty of nice horses out there which would suit your requirements and at a fair price. Don't get sucked in lol!
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but what is market value? in the end market value is what someone will pay for the horse so if you have paid the price that is market value! Prices vary a lot - depends on base horse but also on what is wanted, what warranty might be given, how much you know about the horse etc etc
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That is the question, isn't it?
Market value is a very tricky thing - you can say it is whatever somebody is prepared to pay OR whatever the vendor is prepared to let go...
Well I am taking my very good and experienced instructor with me.She is generally very good but sheknows her welsh cobs as well. Don't move without her.
If horse EXACTLY as I wanted I'd try to barter a bit but pay up in the end.
I did this with my second horse after my first was a complete nightMARE & really knocked my confidence - he was fabulous, worth his weight in gold, did everything asked of him & could have sold him for loads more if ever wanted to but he stayed with me from age 5 to 32.
Yes, I think I overpaid by around £1k for Tucker. I'm normally a real bargain hunter and love to haggle but not this time.
I think the seller had overpriced him because of his unusual colouring but he was very under educated for his age so probably worth closer to £3k than the £4,500 I paid. Luckily he turned out to be a quick learner so it all worked out okay.
I have a friend who overpaid for a horse by at least £3k in a moment of "I must have him" madness, then the horse broke within 6 months and is now a very expensive field ornament - how sickening must that be ?
Yes.
I over paid for my ex-racer both in market value and what I personally valued him at.
I instantly knew as soon as I saw him that he is made for me and could easily be my horse of a lifetime if enough blood sweat and tears were put into it.