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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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        01-29-2014, 11:00 PM
      #21
    Showing
    Huh, I missed the part about the popped splint. I agree that I likely wouldn't worry much about it. I've got a horse that has popped splints so many times on both front legs that they look almost deformed...but he's never had a lame day in his life in spite of it.

    Anyway, if you really like him, then see if you can negotiate her down to a more acceptable price for his training level in your area.

    My biggest problem is that I try to judge all horses by the market in my area. Granted, I ride western, but still... For $30K I could get something show ready that already had multiple wins under their belt. All I'd need to do was throw my saddle on and go pick up the blue ribbon.
         
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        01-29-2014, 11:13 PM
      #22
    Foal
    I just recently went through a horse search myself came across a horse basically identical training wise to this one and he was priced $6,000 in Chicago, Il. We decided against him after he went slightly lame and threw me at random. Found picture of him a few weeks ago at his new training center in Kentucky and he is still over jumping things! Sure dodged a bullet there!! Let me know if you need any help in your horse search as a traveled around the Midwest looking at horses and could give you some barns and trainer names.
         
        01-29-2014, 11:39 PM
      #23
    Foal
    Thanks, both of you! I do think he's special but I'm also aware that my knowledge is really limited and don't want to do anything stupid.

    It's very nice she's doing a lease to own. It's in barn but I really like the place. That's the one thing that's going to hurt in negotiating, though. Makes it harder to get a lower price. Is it rude of me to tell her, "Look I really like this horse but I think he's overpriced and I'm willing to pay x amount?"

    I'm on my phone this evening and it won't let me post pictures. I'll post some in the morning that the owner sent.

    Thanks for being so helpful!! Good people!
    Posted via Mobile Device
         
        01-29-2014, 11:41 PM
      #24
    Foal
    Quote:
    Originally Posted by smrobs    
    Huh, I missed the part about the popped splint. I agree that I likely wouldn't worry much about it. I've got a horse that has popped splints so many times on both front legs that they look almost deformed...but he's never had a lame day in his life in spite of it.

    Anyway, if you really like him, then see if you can negotiate her down to a more acceptable price for his training level in your area.

    My biggest problem is that I try to judge all horses by the market in my area. Granted, I ride western, but still... For $30K I could get something show ready that already had multiple wins under their belt. All I'd need to do was throw my saddle on and go pick up the blue ribbon.
    Do you have any suggestions on how to negotiate to a lower price that wouldn't offend her? I've heard don't offer anything below 20% of asking price as a rule. Thoughts?
    Posted via Mobile Device
         
        01-29-2014, 11:43 PM
      #25
    Foal
    Quote:
    Originally Posted by allboutjess    
    I just recently went through a horse search myself came across a horse basically identical training wise to this one and he was priced $6,000 in Chicago, Il. We decided against him after he went slightly lame and threw me at random. Found picture of him a few weeks ago at his new training center in Kentucky and he is still over jumping things! Sure dodged a bullet there!! Let me know if you need any help in your horse search as a traveled around the Midwest looking at horses and could give you some barns and trainer names.
    No kidding - lucky you! Absolutely, any names would be really helpful! Id like to find some comparable horses and see what they are priced at.
    Posted via Mobile Device
         
        01-29-2014, 11:57 PM
      #26
    Green Broke
    Quote:
    Originally Posted by hngry4fame    
    Thanks, both of you! I do think he's special but I'm also aware that my knowledge is really limited and don't want to do anything stupid.

    It's very nice she's doing a lease to own. It's in barn but I really like the place. That's the one thing that's going to hurt in negotiating, though. Makes it harder to get a lower price. Is it rude of me to tell her, "Look I really like this horse but I think he's overpriced and I'm willing to pay x amount?"

    I'm on my phone this evening and it won't let me post pictures. I'll post some in the morning that the owner sent.

    Thanks for being so helpful!! Good people!
    Posted via Mobile Device
    Personally? I don't think that is rude at all. Alot of the time people think their horse is worth so much more than it really is. If you're going to put a horse up for sale, especially for that kind of money, you're going to get low ball offers like that.

    Maybe don't say he's "over priced". Just offer her what you feel comfortable at. Express that you like the horse, but nothing more than that. After all, a horse is only worth what someone is willing to pay. Especially in this market.
         
        01-30-2014, 02:21 AM
      #27
    Weanling
    I think he could be worth 30k, but not for a few year, and it would be as a hunter. He is a very lovely horse, with great movement. But he's green, not steady, and has a history of unsoundness, and a serious one a that. For him to be worth 30k, I would want to see him taking his trainer around a 3' hunter course quietly with auto changes. I would also want to see him in another year or two, for a little more assurance that his leg isnt going to cause issues. Right now I think 10k is fair price if he's in work with a trainer, since he does have a lot of potential.
         
        01-30-2014, 03:45 AM
      #28
    Weanling
    Hey, I have a lovely mare, whom I paid $2500 for, who will take you around a 3' jumper course with no hesitation, and has no coformational faults to speak of, and I'd part with her for $20,000. Want videos? My 12 yr old daughter could produce better videos on her than what I've seen here.... (this is somewhat tongue-in-cheek, although my mare is a MUCH better jumper than this, I'd never part with her, and that is an outrageously ridiculous price for such a timid horse, if its being marketed as a hunter/jumper of any sort)
         
        01-30-2014, 08:08 AM
      #29
    Weanling
    Quote:
    Originally Posted by hngry4fame    
    Thanks, both of you! I do think he's special but I'm also aware that my knowledge is really limited and don't want to do anything stupid.

    It's very nice she's doing a lease to own. It's in barn but I really like the place. That's the one thing that's going to hurt in negotiating, though. Makes it harder to get a lower price. Is it rude of me to tell her, "Look I really like this horse but I think he's overpriced and I'm willing to pay x amount?"

    I'm on my phone this evening and it won't let me post pictures. I'll post some in the morning that the owner sent.

    Thanks for being so helpful!! Good people!
    Posted via Mobile Device

    I would first be curious as to how long she has had the horse for I sale. It would certainly be a factor as to her willingness to lower the price. I would establish a price in my mind and simply approach her in an honest manner. " You really like the horse although there may be a few issues, but you have to work within an established budget and unfortunately don't have the luxury to exceed it. I really have no desire to look for other horses at this time so if she would accept $17,000 (perhaps) you could stop your search".
    This way you are relating it more to your own budget than merely seeking a lower price. You are also politely stating that you are not totally "fixed" on her horse as this would otherwise eliminate any negotiating. I can all but promise you that she will take less unless your eyes roll back into your head every time you see him :)
    smrobs and SaddleUp158 like this.
         
        01-30-2014, 10:35 AM
      #30
    Showing
    IMHO, ^^ that would be a good way to go about it. I've never really sold expensive horses like that so I don't know much about the "never offer less than 20% less" rule.

    All you can really do is be polite about it. Mention that you really like him but are concerned about how green and cautious he is over fences. It is likely that she could eventually get her full asking price for him, but she may have to wait until just the right sucker came along.

    It is very hard for me to offer a suggestion on how much you should offer because I don't know exactly how English horses of his caliber are priced in your area. I would be browsing every sale site I could find, looking for horses that are at the same level he is and see what they're going for. That way, you have an idea of what he should be worth. Then, I'd make an offer around the same price as those others and go from there. Even if you make an offer that is lower than she really wants, if she doesn't get a better offer in a month or more, she might start thinking a little more about your interest.
    EmilyJoy likes this.
         

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