How much do YOU think he's worth? - Page 6
 
 

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How much do YOU think he's worth?

This is a discussion on How much do YOU think he's worth? within the Horse Riding Critique forums, part of the Riding Horses category

     
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        03-02-2011, 11:33 PM
      #51
    Yearling
    Quote:
    Originally Posted by sixlets    
    It depends on where you are how much you could ask for him. For example, in Minnesota you'd be lucky to get 10k just because he's part quarter horse, and most people in the jump circuit here prefer full TB or warmblood. But, depending on where you're located, with his show record you could ask about 25k. If you wanted to widen your potential consumer base you might consider making the price higher, around 30k, but including shipping in the price? That way if someone from farther away was interested, the distance wouldn't matter. Just an idea though
    Oh also, I'm in an area where horses are expensive. My trainer was selling a horse for 12,500. This horse was 17 hands, 8 year old AQH gelding, okay mover, barely jumps. Not the prettiest thing or the most comfortable ride either. I personally thought everything about the horse was ugly besides his cute personality. He competed in novice am events at the congress, and did not get anything. Does not have a lead change, refuses constantly, and sold him for 12,000$. Ridiculous right!? I sold my first mare who jumped everything and anything, calm as can be, total baby sitter, gorgeous grey mare with good movement and jumping form. She was so quiet that you could jump her 3' in a halter and leadrope bareback with no problems. We had little 3 year old kids riding her in a birthday party bareback! We sold her for 10,000$. The horse world is totally crazy!
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        03-03-2011, 12:41 AM
      #52
    Green Broke
    Forgive me if you've already answered this, but what did you pay for him? What was he worth with what training he had at the time of purchase? And how much money do you estimate you've put into his training since you've had him?

    Typically horses are only worth tens of thousands of dollars because roughly the equivalent amount has already been spent purchasing, training and campaigning them.

    That's what I would truly look at when regarding his "worth". For example, if someone picks up a $500 youngster at auction, is a top notch trainer with their own facility and has to spend little by way of care and is able to flip that horse in 6 months for $5,000 after only putting $1,000 into it, that horse has a better dollar value then spending $10,000 on a prospect, investing another $50,000 over the span of 5 years with training, boarding costs, lessons costs, vet costs, campaigning costs and then gets $45,000 for the horse.

    Cute boy either way!
         
        03-03-2011, 08:15 AM
      #53
    Yearling
    Quote:
    Originally Posted by MacabreMikolaj    
    Forgive me if you've already answered this, but what did you pay for him? What was he worth with what training he had at the time of purchase? And how much money do you estimate you've put into his training since you've had him?

    Typically horses are only worth tens of thousands of dollars because roughly the equivalent amount has already been spent purchasing, training and campaigning them.

    That's what I would truly look at when regarding his "worth". For example, if someone picks up a $500 youngster at auction, is a top notch trainer with their own facility and has to spend little by way of care and is able to flip that horse in 6 months for $5,000 after only putting $1,000 into it, that horse has a better dollar value then spending $10,000 on a prospect, investing another $50,000 over the span of 5 years with training, boarding costs, lessons costs, vet costs, campaigning costs and then gets $45,000 for the horse.

    Cute boy either way!
    We purchased him as a 5 for 6,500$. He was extremely green (ex: no right lead, could not be in an arena with other horses, spooked at everything, did not jump, would have a complete temper tantrum whenever we asked himto do something, and did not have ground manners). We've probably put over 100,000$ into him with shows every weekend, lessons, his training in the beginning, farrier services, extra food and supplements, injections tack etc. And actually, it is probably more than that over the past 4ish years. But thanks(:!
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        03-03-2011, 10:29 PM
      #54
    Yearling
    Quote:
    Originally Posted by MacabreMikolaj    
    Forgive me if you've already answered this, but what did you pay for him? What was he worth with what training he had at the time of purchase? And how much money do you estimate you've put into his training since you've had him?

    Typically horses are only worth tens of thousands of dollars because roughly the equivalent amount has already been spent purchasing, training and campaigning them.

    That's what I would truly look at when regarding his "worth". For example, if someone picks up a $500 youngster at auction, is a top notch trainer with their own facility and has to spend little by way of care and is able to flip that horse in 6 months for $5,000 after only putting $1,000 into it, that horse has a better dollar value then spending $10,000 on a prospect, investing another $50,000 over the span of 5 years with training, boarding costs, lessons costs, vet costs, campaigning costs and then gets $45,000 for the horse.

    Cute boy either way!
    But I get what you mean. I think show people generally spend probably over 100 grand just on show fees alone! Let alone vet, braiding, farrier, trainer services, hauling, trainer day fees, boarding, feed, etc etc etc! I'm scared to look at the real numbers..
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