My opinion: He's definitely not worth $1500. Even when the economy and horse market were good he wouldn't have been worth $1500.
Originally Posted by rottenweiler
In any case, he has done everything I've asked of him. I've taken him on trails and he doesn't spook at anything and went over every kind of terrain I asked him to. So I really like him for what I am looking for a horse for, something I can feel safe taking out on my own or riding in the arena.
Another thing to consider is that he might not be this docile once he gets some more meat and muscle on him. When I got my mare she was several hundred pounds underweight, and docile as a kitten whenever I started riding her. However, once she packed on the pounds, she became a little more spunky and fresh because she was feeling good and had more energy. He could just be too weak to really care one way or the other about what you're asking him to do.
Do you have any idea if he has any training or not? If you're "just getting back into riding" and you're willing to drop $1500, you can get a pretty nice, been there-done that horse that will really take care of you. That way you can just learn and not have to worry about training the horse or it having any sort of mental issues often associated with rescues.
If you're dead set on getting this horse, good luck.