Join Date: May 2009
Location: Mid Northern TN
16 years is a good solid age. Old enough to really be "been there, done that" but young enough to expect another 10 years or more out of them if they're currently healthy.
$2500 for a solid BTDT trail horse who will carry nervous or green riders and deal with scary/stressful situations is a steal (to me). Good solid horses like that are worth $5k or more where I'm at if they're healthy, and that price goes up if they have roping/reining/pleasure or other additional training or if they're gaited.
Now, if the horse has minor health or lameness issues, but is solid minded, just $2.5k starts making more sense. Or if the horse is not actually btdt, is a little green or has training issues I'd expect much cheaper. Of course you CAN find good horses for cheaper, but you've got to know horses well enough to find them, and most people who need to ask if a price is reasonable aren't in the horse industry deep enough to do so (safely). Better to pay a little more for a horse that really is reliable (which is also a q you need experienced folks to help answer) than get a horse that is green, lame, or crazy. You'll save the difference in hospital bills.