Thinking of buying my daughters school horse
 
 

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Thinking of buying my daughters school horse

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  • Buying a school horse
  • Buying school horses

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    02-12-2013, 12:48 PM
  #1
Foal
Thinking of buying my daughters school horse

Hi all.....
I'm looking for advice about buying the horse my daughter uses at her lessons. The trainor uses the horse for schooling, but its owned by someone else, someone I've never met.
Annie is a 15.2HH mare 10 yrs old, my daughter is 11. She is riding English, just learning to Canter. I'm not very experienced in horses. We live in New England. The asking price is 10,000. From my research that seems high?

I feel with the trainer having a vested financial interest, its hard to figure thinks out. What do you think?
     
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    02-12-2013, 12:54 PM
  #2
Weanling
That seems way to high for a schooling horse!!!!
     
    02-12-2013, 12:58 PM
  #3
Showing
Way too high. Of course the trainer has a vested interest! I'm sure she's getting a hefty commission if she manages to sell the horse for that amount.

You can find a nice, quiet, sane, sound, broke animal for about 1/3 of that.
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    02-12-2013, 12:59 PM
  #4
Foal
Also.....

They recommend regu-mate, is this common in Mares?
     
    02-12-2013, 01:03 PM
  #5
Showing
If they're giving her Regumate, it means she's a raging bitch when she's in season. I'd walk away from this 'deal'. Mare sounds like a handful, and she's way overpriced.
     
    02-12-2013, 01:07 PM
  #6
Foal
I'm inclined to agree.....

But what about leasing her? Who pays for regumate? We were leasing a delightful 19 yo boy who was a schoolmaster.....he has leg issues and can't be ridden. My daughter loves this horse, what would you think if I got the price down?
     
    02-12-2013, 01:41 PM
  #7
Showing
Is your daughter competing? What has this horse done besides being a school horse? Has she shown and placed in shows? What discipline is your daughter endeavor inch to do, and does she want to show?
I hesitate to say that the mare is overpriced without knowing more, because she may very well be worth that. If she has the credentials to warrant a $10k price tag, your next step is figuring out if your daughter "needs" a horse of that calibre right now, and if the investment is worth it.
My thoughts:
The 10k is worth it if the mare is great at her job, knows it inside out, and is a proven performer with consistent placing a even in "littler" shows in your area. (Ie you won't find an "A" rated hunter for 10k and if you do, something is up.) AND if you/your daughter want to get into competing in said discipline. Caveat: 15.2 is small for English disciplines and it will be more of a challenge for you to sell her than a horse over 16hh. I had a lovely 15.3hh TB mare that did it all, won it all, and wouldn't sell quickly or for as much because of her height and breed.
Does your daughter want to compete? Does she want to progress quickly and become competitive in the ring? If so, 10k isn't unreasonable, at least for English disciplines, I cannot speak to Western.
However, if you are looking for a quiet, broke to death pleasure or trail horse, or low-low level horse, 10k doesn't make sense in an investment point of view. If your daughter just wants to ride for the sake of riding, 10k is unreasonable at this point in time. Really honestly unless you are looking for a show horse, 10k is more than you need to spend.

Of course the horse world is as broad as you want it to be. Some people spend $30k on a pleasure mount. Some people spend $1000 on a competition horse, and do well. There's a GP showjumper out there that had a whopping $89 price tag. Other international level horses are hundreds of thousands of dollars.

It is your call, at the end of the day. Don't feel pressured to spend $10k on your daughter's first horse, and do not feel badly if you DO.
My first horse was $7500, dropped from $10,000. She was a competition mount. My most expensive horse ended up being a lunatic that I lost money on. Ronan was a steal of a deal, and easily worth much more than what I paid, in my, my trainer's, and a few other trainers' opinions - but someone may disagree and say I overpaid.

The horse world is shades of grey - and not the fun kind either ;)
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    02-12-2013, 01:42 PM
  #8
Showing
Stupid autocorrect. Hopefully you can make sense of my post. Endeavor inch = endeavoring.
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    02-12-2013, 01:47 PM
  #9
Green Broke
In a lease, it just depends on the agreement you have as to who pays what.

Regumate is a serious drug, basically it means that horse is extremely dangerous when she is in season (so they drug her...).

I wouldn't consider a horse that needs Regumate for a child, especially a child who is a beginning rider.

As far as the price, unless that horse has perfect conformation/amazing bloodlines (to make a great broodmare) or is an extremely high level, trained horse it's not worth $10k or anywhere even remotely close!

I always have my trainer assist me in choosing a horse to purchase but I won't consider one that the trainer herself is selling (either her own horse or for someone else). I want an unbiased opinion when choosing a horse. Now trainers will charge a fee to assist in locating, trying out horses and negotiating a deal on a suitable horse but that is worth it. My trainer waived her fee for my last purchase, she wanted me on a safe, sane horse and to get the witch I owned off her property (her fee would have been roughly the same price as I might have gotten for the witch, so she waived her fee and I gave the horse away to someone who was prepared to deal with her).

A good trainer earns their fee when helping shop for a horse. We spent days and days and days driving all over the state looking at horses, test riding horses and then multiple trips when I finally decided on one to make sure he really was suitable and to do his PPE and so on..
     
    02-12-2013, 02:01 PM
  #10
Foal
ok, more info...

@ just dressage it..
My daughter is competing in small shows at her barn. These are rated shows, and she is showing in Walk Trot classes. She loves riding and jumping and I think she wants to continue to compete.
Annie has some results in the RI final points in 2010, she was in the top 5 for RIHA English Pleasure, andd RIHA Hunter, and Hunter pleasure when ridden by the trainer.
The horse has some faults, she has bitten and I have seen a bite on another girls back, that broke skin while she was grooming her. Is that an absolute NO?
She is a great ride though, and I will post a video of my daughter cantering on her when I get home. She seems to take care of the rider....
They have her listed as a TB Hanoverian cross.
My daughter has only been riding for 8 months, she's just now learning to canter, and we LOVE our trainer. She has been steady, slowly advancing our kid and we think she rocks. Im nervous (know I should not be) that not buying this horse could damage our relationship?
Sigh....grey, grey, grey....and no, not THAT kind!! LOL
     

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