06-10-2009, 09:27 PM
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*nods* Although the economy in Canada isn't quite as bad as the US yet, untrained horses are still going for peanuts. You can pick up a decently bred registered QH/Paint in Manitoba for under $400. You're guaranteed to spend more then that just for the breeding costs.
Good for you for thinking it out. I briefly considered breeding my mare due to a low population of Arabs for sale around here, but the cost combined with not knowing where I'll be and how financially stable I'll be in the next five years made me change my mind and pick up a youngster to work with. If you're looking to make money, I highly recommend picking up a cheap 1 or 2 year old and working with it. Canada, especially places like Manitoba and Saskatchewan, have a pretty low horse population, so we're still selling well trained horses for several thousand a pop. There is an enormous market for somewhat novice/intermediate riders and families looking for a good quiet trail mount, and an equal shortage in them it seems.
We sold an unregistered Arab mare last year that we were brutally honest about - she was pretty much bombproof and kid-safe in an arena, but if you took her out on a trail, you were risking your life. We explained that in detail right in the ad and STILL got absolutely dozens of e-mails from people looking for a quiet trail mount (they basically just ignored the trail part and focused on the "ring safe" part). And she was priced at $2000. My best friend sold her completely grade mutt ponies as 3 year olds, one was trail and kid safe for $2500, and the other was quite a bit less trained for $1500. People are REALLY interested in decently trained family horses.
Hahaha, anyway, some food for thought!