Horse market on the east coast?
Hi everyone. I was just wondering how the horse market is where you are, on the east coast. I'm talking up to New Jersey and down to south carolina kind of east coast. I want to know to see if its worth it to be selling a horse nowadays. Are people still willing to shell out $5,000 for a decent horse that can do it all for many years to come?
Also - I've looked this up, but how much do you think (for example) a thoroughbred around 7 who can do all the basics & jump and has maybe even been shown a couple of times be worth? Taking into consideration that the horse has a good body and potential to do more?
For the horse you are describing, no more than 6,000 and no less than 3,000. It really depends on the horse. I would have to see the horses conformation, jump, etc before deciding if its a 3k or 7k horse.
In south Florida it'd probably be around 7500-10000 depending on where your at. My trainer just sold a horse that doesn't jump well, has no lead change, is a decent mover and good HUS, and has shown at the congress for 10,000. Which I think was a rip off. I thought he was ugly too.. But obviously the people who bought him didn't think so.
I bought my current horse 4 years ago for 6,500. He is 17.3, he didn't do anything. He did some showmanship, walk trot HUS and that was about it. He was a total lunatic, freaked out over everything, did not have a right lead, could not be in an arena with other horses without trying to buck you off and did not jump. It was ridiculous. But now, he's amazing!
I also bought my first mare for 5500. She was around 15.3, never spooked at anything, never refused a jump, was grey, pretty underneath and was the perfect first horse. We sold HER for 10,000 when she had some show miles, and was literally the perfect horse for a little girl. Nothing scared this mare, and she never refused to do anything! We rode her in a halter and leadrope bareback and jumped 3'3 fences.
It all just depends on the location and who's willing to write the check!
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Wow really? Although I think the market has always been a bit more expensive in florida. And yeah, I bet mainly why your horse was so expensive might be the reason hes so big! I would kill for a horse that tall!
Also rachel - It might have to do with the fact that your in an area with a lot of auctions where most people can find those horses easily without having to transport them, maybe.
Anyways, thanks for the input, I really like hearing how the market is for everyone else.
yeah thats where I am planning on getting some horses if my "plan" works out. We have a friend in New Jersey who owns pastures on many acres, he just doesn't have any horses yet so I would quarantine/relax them a bit there before they came down to my house. Then I would start training them, showing to gain experience for both of us, and sell them to great new homes!
Have you been to camelot/new holland/unadilla? What is it like there? I have done extensive (waaaaay too much haha) research learning about the horses there and the conditions and what not.
I went to new holland once, terrible place, i saw numerous workers whipping horses, one guy got kicked by one of the horses and then went over and punched the horse in the nose, another girl was holding a horse and it nudged her so she slapped it in the face with a clip board she was holding, there was a down horse in the kill pens, when my friend told an auction worker about it he went in and started kicking the horse to make it get up, lots of horses with injuries, lame horses running through the ring, the horses tied up had no food or water and they were tied so close they would often kick and bite at each other, that was back in june when i went so i'm sure there is stuff i forgot, but it was an certainly an experience, i could not believe how they treated the horses there, i think everyone should visit an auction at least once in their life...i hear camelot isn't as back as new holland, but i don't know a lot about unadilla, where exactly is that?
I think that is a great idea, project sage rescue goes to new holland to rescue some horses, it's so much better to get them directly from the auction rather then go through the kill broker(like AC4H(another chance for horses) does).
for example, HRU(horse rescue united) bought a draft for $35 at new holland, if he had been bought by brian moore(kill broker) and sold through ac4h he would have went for at least 500 because the kill broker jacks up the price that much
wow thats horrible. I'm glad that even though I'm still young and have a heart for animals, I know when to pull it together, so hopefully I won't be sobbing the whole time! I heard that despite all that, there is a chance to find some "diamonds in the rough" ... is that true or do you just have to be lucky? I've seen some (on the small side) holsteiners (or hano's) at a recent camelot one (online of course) and someone even found a black hanoverian at new holland I think!
yes i think camelot is the best of the three because they actually have people go there and photograph the horses and HELP them find homes.. never any really go to the meat man.
Unadilla is a small town in new york and its pretty similar to new holland, but its hard to find information on it. Basically almost all the horses go for meat there as well, esp. since not many people know about it :(
And yes! That always happens which is ridiculous. For me even, If things work out, I would go myself and check the horses and see how physically and mentally stable they are, bid on it, and take it home eventually. But then again, its not like many of the meat buyers actually care about the horses, only the $
I am fairly close to Rachel from her description, maybe about 20 minutes further into PA that her.
I would say based on, 7yr TB, has basics, some jumping, couple of shows - he would be in the $1500 -$2500 range, maybe $3k if you were lucky.
A $5k horse in this market in this area I would expect proven at least 3' jumps, (if jumping is your thing), proven show ability and auto lead changes.
I bought my 5 yr old who is similar to yours, for $1895. Even then I think I paid a little too much, but I liked him.
For example look at this ad, the seller does not say where she is but still.
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