Should I go through with it?
I've recently made a couple threads asking about a specific question, but I decided I'm just going to compile it all into one thread. I went and viewed this horse for sale today and I instantly fell in love. It's a 7 year old quarter horse gelding with approx. 50 rides on him, and he went like a seasoned pro (on the basics anyways). I took him for a quick little hack and thought it over and everything in me told me I had to buy him.
I went back and the owner and I had a long chat about the horse world (lots of mutual friends). the only issue is he's pretty dead set on the price with absolutely no room for negotiation. I respect that, but I feel that he might be a bit overpriced. he's asking $6500 for him, and though I feel like he's worth his weight in gold, I think it might be a bit too much for a green gelding.
Now, I am a 21 year old in university right now and have been riding for a very long time so my experience isn't much of an issue, but I am on a slight budget. I make a net income of about 1660$ a month, -450 for rent = 1210. He said he'd agree to board him for $300 a month.
Im thinking about offering him $4500 up front, as well as $500 a month until June. Which leaves me about $700 a month to spend. Also note that since I'm a university student I don't actually go out and spend my money on much and I come home for the weekends. if this deal goes through, I also plan to help around the barn on the weekends (if he wants) and since I don't have class on Fridays it'd be a Thursday-sunday thing.
I think his temperament and lineage are definitely worth a fair amount, as well as I know you have too spend good money for a good horse (most cases). Did I mention he's also drop dead gorgeous? ;)
Whats your opinion? is it a fair deal or do you think it would be kind of insulting to ask?