Did I over pay? - The Horse Forum

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post #1 of 14 Old 06-07-2012, 04:16 PM Thread Starter
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Did I over pay?

Not that it will change my opinion of him in any way, but I've started wondering If I gotten take for a ride with Drifter. I am afraid that I was so excited, and "knew" that I wanted him since I had worked with him previously so I just jumped at the chance to get him.

I paid $1000 for him.

I have put around $600 into him this first month nutrition wise trying to get him back into shape and about another $200 for vet bills.

He is a 7 year old 16.3 h appendix gelding (had only been used by previous owner for trails), but the more I work with him the more apparent it becomes that he has had a brief exploration into dressage and running barrels somewhere in his past. He has a great extended trot, and if you point him at the barrels he knows just what to do (which let me just say really took me by surprise the first time that happened and I wasn't expecting it)

He is extremely buddy sour on trails (working on it. Getting better)
Has an issue with "pulling back" (fixed that with a rope halter)
Pretty solid on trails. If he sees something he'll give a little start, but he hasn't shown himself to be a big spooker or bolter yet. If you ask him to walk up to whatever freaky thing he is looking at he will do so with some encouragement
Great standing for the farrier.

Is there anything else yall would need to know? I love him and I think he's beautiful and I honestly wouldn't be that upset if I had gotten taken for a ride because he's mine now either way but it is something I've started wondering about haha.
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post #2 of 14 Old 06-07-2012, 04:25 PM
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Not a bad price. Plus, if you're happy then you paid the right price!
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post #3 of 14 Old 06-07-2012, 04:31 PM
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Id say that's a good price too! In magazines in the uk, alot of horses are advertised at £2000 up. Not sure how much that is in dollars these days but its alot! He sounds like a bargain!
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post #4 of 14 Old 06-07-2012, 04:35 PM
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I would also say that is not a bad price. You can get a horse for less but most of those are not broke to ride at all. So over all not bad.

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post #5 of 14 Old 06-07-2012, 06:01 PM
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If he's a good trail horse I'd say you got a really good deal. Being sane on trails is a very valuable trait as far as I'm concerned!
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post #6 of 14 Old 06-07-2012, 06:02 PM
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You only over pay if you really think you did. If you're happy and enjoying your relationship, there's not a price limit you can put on that.
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post #7 of 14 Old 06-07-2012, 06:03 PM
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Others may have a different view on it, but I always thought horse pricing was kind of a silly thing- a horse is a pretty poor investment as you're unlikely to make money on a horse, and the initial investment is generally very low compared to the cost of keeping said horse (for most people anyway. There are always exceptions.) Basically, a horse is worth whatever someone will pay for him!

$1k is about the minimum I would expect to pay (in my area) for a young, sound horse that has some miles under saddle. You can sometimes find them for less, but it's certainly not the norm.

If you're happy with him, I'd say it was money well spent
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post #8 of 14 Old 06-07-2012, 06:21 PM
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Round here, we'd say you got a good deal!
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post #9 of 14 Old 06-07-2012, 06:28 PM
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good luck with your new horse

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post #10 of 14 Old 06-07-2012, 08:43 PM
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Nope! Not bad at all!

I got Sky for free, and within the first few months I spent over $1000 on vet bills :P and over $400 on training because he was.. a handful lol.

Quote:
Originally Posted by verona1016 View Post
Others may have a different view on it, but I always thought horse pricing was kind of a silly thing- a horse is a pretty poor investment as you're unlikely to make money on a horse,
I think it's more about investing time and energy to have happy sublime times with your horse

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