Maybe I'm missing something
   

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Maybe I'm missing something

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    • 2 Post By themacpack
    • 3 Post By MHFoundation Quarters

     
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        01-15-2013, 12:17 PM
      #1
    Yearling
    Maybe I'm missing something

    I was window shopping online (ssshhhhh don't tell hubby), and I was surprised at the prices people are asking for their horse. I know a good horse is worth it's weight in gold, however, if no one has money (or hay) I'm wondering how serious some of these sellers are?

    I found an OTTB 5 yrs, experienced rider only, green with jumping potential (of course). Only safe in an arena, no special bloodlines. $5500

    In a good market where I live, a green, "active", experience rider only horse like that might bring $3500 tops.

    I found quite a few POTENTIAL barrel horses (geldings) for over $6000!!! Many were even grade. Nothing wrong with grade, you just don't know for sure what's in their makeup. If I'm going to pay $6000 for a grade barrel horse I need proof it can run a good pattern! Several of the horses looked like they wouldn't hold up after 1 race!! And most of them where only "introduced" to the pattern.

    I know prices vary region to region, but there's usually some similarity of what's worth $$$ and what isn't. There are always going to be the high $$ horses regardless of the market, the $$$ earners, the ones with perfect breeding, etc. But WOW, just WOW!!

    Or is it once again a sellers market??? (I'm thinking not) OK, random thought over
         
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        01-15-2013, 12:22 PM
      #2
    Green Broke
    A horse is worth what someone is willing to pay for it - they can ask what they want, they may or may not get that asking price. There are plenty of people who seiously overestimate/inflate their horse's value (just consider some of the recent threads right here on HF), there are buyers who are not saavy about the actual value of a horse/fall in love with the horse and just "have" to have it, there are sellers who overprice to leave room for negotiation because they know some people get off on feeling like they got a "deal" when, in fact, the negotiated price ends up around what the seller knows the horse is actually worth - plenty of things that can go into an overpriced horse market.
    Speed Racer and Corporal like this.
         
        01-15-2013, 01:30 PM
      #3
    Foal
    No Blue Book for horses

    I don't know why prices vary. Some people are trying to recoup all they have spent. Also, we think if something cost a lot, it must be good. I have the 2 QH to give away. I paid $2000 almost 7 years ago for them. I have 30 acres and access to hay, so my total expenditures are less than someone boarding, but still in the $1000's if you add up hay, vet, fence, trailer, etc. I will never get back the money I've spent. I just want a good home for them. Surprisingly I find that if you have free horses, then people assume there is something wrong with them and if they cost $6000, they must be good. I don't know the right answer or price. My thought is that the gelding I have, CJ, needs work. If someone only has $1000 or $2000 to spend, then maybe they can take the free horse and spend the money on training to make him perfect for them. It's a win-win. For me, horses are not a commodity. They are just wonderful gifts.
         
        01-15-2013, 01:39 PM
      #4
    Showing
    What someone asks/thinks their horse is worth can be miles from actual worth and what they will get for it. My aged, well broke horses are worth their weight in gold in my eyes, were I to sell them would they really be? Nope. But like mac said, they are worth what someone is willing to pay.
    themacpack, Corporal and ccndodger like this.
         
        01-15-2013, 03:15 PM
      #5
    Yearling
    I know horses are only worth what someone is willing to spend, I was just surprised what people are asking for these days it was just one of those random brain farts of mine.

    Forgive me, I've been under a rock for the last few years and haven't window shopped in quite some time so the current "bad market" prices are a little....befuddling Just trying to play catch-up.
         

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