Would you?

[190789]

Im just wondering what people think....
Im saving up to buy a showjumper....but im thinking maybe taking a loan out to pay the rest next year!
do you think taking a loan out is silly?...any views would be much appreiciated!
I have got a horse on loan.....so im not horseless!

 

[LankyDoodle]

In this climate, yes I do. If you have a horse on loan, keep saving until you can afford to buy one.

 

[4leggedfurries]

I wouldnt if you can help it, but i'm a fine one to talk i bought D on my credit card, well half of him, the other half i had saved.

 

[Kenzo]

What if you lost your job and couldn't afford to pay for the loan, you never know how much the horse will cost you, if your buying a show jumper you need to think about the reasons your buying one, I presume to compete which means paying regular lessons (if you require them) travelling to shows, entry fee's, insurance, perhaps you may require more expensive tack and other things etc to enable you to get get the best out of your horses performance, membership fees...can you afford to do all this comfortably as well as paying back your loan and if you did have less income or no income for that matter, would you still be able to do all this and again pay the loan.

If the answer is yes, then yes go for it! if you have any doubts, then please save save save or wait, stick with what you have or concentrate on perhaps improving your current loan horse to jump and do the things you dream of doing...if possible.

 

[190789]

thanks for your points everyone...it wouldnt be till next year so I will have saved a little more. But im driving my boyfriend insane talking about it! my parents have got land so i wouldnt have to worry about livery and hay etc!

hmmmmmmmmmmmmmmmmm........

 

[dwi]

Personally no because it's not the horse that's the expensive bit. Its the trainers, tack,entry fees etc.