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I did a PPE on the $450 mare I bought last year. Just a general exam and flex tests, but I'd rather do something than nothing.
In my case I don't have a ton of money to spend and my horses are bought with intention of owning them for life. I'd rather spend $200 now than "save" money to find out I have an unrideable horse shortly after buying. Especially because I'll be "stuck" feeding and caring for it for the next 15-20 years.
ETA - In fact my PPE showed me that my little mare was a monster for the vet. Something that allowed me to talk her price down a little bit. I'd rather know that right away then suddenly find out come spring shots.
In my case I don't have a ton of money to spend and my horses are bought with intention of owning them for life. I'd rather spend $200 now than "save" money to find out I have an unrideable horse shortly after buying. Especially because I'll be "stuck" feeding and caring for it for the next 15-20 years.
ETA - In fact my PPE showed me that my little mare was a monster for the vet. Something that allowed me to talk her price down a little bit. I'd rather know that right away then suddenly find out come spring shots.