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Opinions? Should I buy this horse?

This is a discussion on Opinions? Should I buy this horse? within the Horses for Sale forums, part of the Horse Resources category

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        02-18-2014, 05:32 PM
      #101
    Green Broke
    Unfortunately, there are a couple things that increase a horse's asking price other then just where they are in their training. Poet's Hill is a big A show barn with lots of nice very expensive horses. A green unproven horse pulled out of a farmer's pasture (or even a smaller show barn) is pretty much guaranteed to have a smaller price tag then the same green unproven horse at a big time A barn. $35k is almost nothing to a barn like this one. It is not at all unusual for a derby horse, high performance hunter, a maclay horse, heck a large junior hunter that will win in good company to start off in the 6 digits. A girl at our barn bought a "prospect" (just started his first year pregreens) for $80k and have already had several people offer to buy him for double that. I have a good friend who just put 3 of her nice 3"6+ hunters on the market for $300,000 and have people lined up to try them. They're both horse showing in Florida for the winter. It's a different world. It's absolutely ridiculous really, but it's the reality of the world.

    I have a hard time really telling what this horse is worth by what little the video shows. I think he's cute, seems to have a decent step, nice mover for the hunters, cute jump, willing, and brave... if he can course around nicely with a lead change? 35k is not astronomical although I would of course offer less. If only a pro can do a course with him, if he has yet to do courses, if he doesn't have a lead change.. eh, a little green for the price. Curious to hear how the ride went.
         
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        02-18-2014, 06:28 PM
      #102
    Showing
    Quote:
    Originally Posted by upnover    
    Unfortunately, there are a couple things that increase a horse's asking price other then just where they are in their training. Poet's Hill is a big A show barn with lots of nice very expensive horses. A green unproven horse pulled out of a farmer's pasture (or even a smaller show barn) is pretty much guaranteed to have a smaller price tag then the same green unproven horse at a big time A barn. $35k is almost nothing to a barn like this one. It is not at all unusual for a derby horse, high performance hunter, a maclay horse, heck a large junior hunter that will win in good company to start off in the 6 digits. A girl at our barn bought a "prospect" (just started his first year pregreens) for $80k and have already had several people offer to buy him for double that. I have a good friend who just put 3 of her nice 3"6+ hunters on the market for $300,000 and have people lined up to try them. They're both horse showing in Florida for the winter. It's a different world. It's absolutely ridiculous really, but it's the reality of the world.

    I have a hard time really telling what this horse is worth by what little the video shows. I think he's cute, seems to have a decent step, nice mover for the hunters, cute jump, willing, and brave... if he can course around nicely with a lead change? 35k is not astronomical although I would of course offer less. If only a pro can do a course with him, if he has yet to do courses, if he doesn't have a lead change.. eh, a little green for the price. Curious to hear how the ride went.
    Thank you, upnover.
    Totally different world, for better or worse.
    Posted via Mobile Device
    updownrider likes this.
         
        02-20-2014, 12:23 PM
      #103
    Foal
    You guys - all of your comments are so helpful. I too am loving how engaging everyone is!! Still haven't decided what to do, definitely not taking the decision lightly and I am looking at other horses in the meantime to find comparisons.

    I did ride him again this weekend - it took the owner awhile to make the video. I wanted to ask very politely to STOP IT with the slow motion. It kills me. But anyway, beggars can't be choosers...so here it is...please be nice. :)

    The ride went well...he is green, no doubt about it, but he listens well and once we got going, he relaxed and was more fun. Also, he hadn't been ridden in 3 weeks b/c the owner broke her finger.

    All opinions welcome and thanks again!

    https://www.youtube.com/watch?v=sSdxAYQbYnk
         
        02-20-2014, 12:42 PM
      #104
    Super Moderator
    I still stand by what I've said all along - he's a pretty little horse but not stunning (wonder if he'd catch the eye as much if he was dark bay?)
    They say they've had him for two and a half years so for me I'd be expecting to see a much more polished performance than he gives and that he would have done a few low level shows or at least be jumping a full course of jumps at home - its a 'top yard' so they have the facilities there for him to do that
    Basically he's a lot greener than he would be if I'd put that many years of work into him so something doesn't feel right
    smrobs, Tazzie and morganarab94 like this.
         
        02-20-2014, 01:08 PM
      #105
    Weanling
    Quote:
    Originally Posted by jaydee    
    I still stand by what I've said all along - he's a pretty little horse but not stunning (wonder if he'd catch the eye as much if he was dark bay?)
    They say they've had him for two and a half years so for me I'd be expecting to see a much more polished performance than he gives and that he would have done a few low level shows or at least be jumping a full course of jumps at home - its a 'top yard' so they have the facilities there for him to do that
    Basically he's a lot greener than he would be if I'd put that many years of work into him so something doesn't feel right
    I actually agree with this. The more I watch him the more I realize he is way overpriced (for my area atleast). Around here you could get a warmblood that was already showing for that price....
    I still say if you feel like he's the one then do it..but me personally, I wouldn't..
    Tazzie and jaydee like this.
         
        02-20-2014, 03:26 PM
      #106
    Showing
    I do quite like him. Again, I don't agree that he's worth $30k right now; my argument is simply that you do have to spent the dough to get the type of horse you want to be competitive in the higher levels.
    OP, I'll message you back with my thoughts via PM.
         
        02-20-2014, 03:55 PM
      #107
    Super Moderator
    I totally agree that you do have to spend the money to get the right horse for top level competitions - though there are some bargains out there if you can be in the right place at the right time
    Having $35K to spend does open more doors of opportunity though so worth looking around
    morganarab94 likes this.
         
        02-20-2014, 04:26 PM
      #108
    Green Broke
    ^Snowman.

    I know that's a one in a million example... but still. XD
         
        02-20-2014, 05:05 PM
      #109
    Weanling
    I'm sorry, what I see is another video of a horse trotting around and jumping small stuff.

    While I wouldn't expect any seller to make every potential customer jump big things, I would expect at least one video where the horse shows he can jump something. Jumpers have those kind of videos as yearlings already.

    What are exactly those 30k for?

    Not for the breed, a TB is hardly a horse bred for jumps. Not for the training, because he's green. Not for the potential, or at least not that I can see, since what's on video is nothing to brag about.

    If I want money for a horse and I sell him as a "prospect", I have to give some sort of proof, or at least hint, that with more time and training the'll do better.

    None oh this horse's relatives (that we know of) is a winning jumper. This horse did not prove himself on shows, not even small shows, hey, he's not jumping much at home. At 6 years?? When is he supposed to start??
         
        02-20-2014, 05:16 PM
      #110
    Weanling
    I like him better in this video, but he just does not look like he has a lot of training. He's not moving in a frame and I saw him hit his martingale a couple of times. He's certainly a better jumper here than in the lunging video and I think he could finish out really nice after some good quality training and some show miles. I stand by my statement that he's not worth anywhere near what they're asking. You're really not that far from me from what I can tell, so I would think St. Louis prices wouldn't be that much lower than in in Illinois.

    I do not think the horse would be a mistake if you really like him. He can probably do what you want if you work with a trainer. I just think his current owners have odd ideas about the value of horses.
    morganarab94 and hngry4fame like this.
         

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