AIBU? Value of horse

(33 Posts)
Mitchy1nge Tue 29-Oct-13 20:19:17

I might be being a bit inflexible here, or vendors might be taking the piss. How can you know? They want double the amount I think he's worth, but of course they know I (or we really, he is/will be my daughter's) really really want him. For lots of reasons I think they would prefer us to have him than to sell him on the open market, we'll keep him where he is, they can still take him to the 2014 championships he qualified for this weekend.

Pony/horse (15hh) is an absolute sweetheart, he's 7, current owners could easily make him worth something closer to the amount they are asking but right now we both know nobody will pay more than I'm offering. He was a disaster to hunt and to SJ in an indoor arena, but he is doing very well in XC for example and in all other respects is perfect.

Should I dig my heels in and prepare to walk away and look for something else, which will already be quite sad and difficult as daughter is getting attached, or think about him in terms of what he is worth to us rather than what he would fetch out there, today?

grateful for any thoughts

CMOTDibbler Tue 29-Oct-13 20:25:07

Double the amount he's worth is a lot - theres lovely horses out there for not a lot these days, let alone one with ishoos. I'd be prepared to walk and tell them why - look at other horses for sale locally and compare

Mitchy1nge Tue 29-Oct-13 20:27:38

yeah it's a big gap isn't it, 100%, to begin with it was even bigger! they have wiggled it down a bit but my research confirms that I'm closer to a realistic price than they are

I suppose I can sleep on it. I wish I could just say yes though. sad

marialuisa Tue 29-Oct-13 20:32:58

Have a look round and see what your money can get. How specific are your requirements? We've been looking for DD's next pony for almost 2 months and I'm not sure where all these fab cheap ponies are, the biggest stumbling block seems to be manners on the ground which is a big deal for us.

FoxyHarlow123 Tue 29-Oct-13 20:33:31

Hold out and be prepared to walk away. There are plenty more fish in the sea!

Mitchy1nge Tue 29-Oct-13 20:39:17

this is it really, he is an angel, I mean especially after my slightly feral horses I can hardly believe his manners

he gives off a lovely chilled vibe, but at the same time really wants to please, we took him for XC training today then I rode him home via the long scenic route, I can't fault him for what we want and he could probably try hunting again and we could definitely work on the indoor arena thing if it was vital - which it isn't

out of interest, what sort of £££ would people consider for their own Right Horse? I wonder if I am being unrealistic

Mitchy1nge Tue 29-Oct-13 20:44:56

is there any chance of a tack room whip round?

Lovesswimming Tue 29-Oct-13 21:58:40

I have to say its up to you, if you want him and know him reasonably well then don't just discount it. Whatever the market says you are taking less of a risk with a horse you know. My horse was on paper worth 1/2 what I paid but he was (and is) perfect for me. I've had no problems with him for over 3 years and I've never regretted paying what I did. I'd ridden him over a few months and knew his character etc. he's not a beginners ride but is just right for my level and jumps well for my teenage daughter. Can you tell I think he's great grin
In the end he's worth what you're prepared to pay and if he's right for you it may be worth thinking about upping your offer. If you're not sure then don't, take a chance that they won't get what they want and will in the end agree to your current offer if he doesn't sell (and if you haven't already found another).
I'm not saying pay what they want but at the same time don't just think of the market value. Time, energy, disappointment (if a sale falls through), heart ache (if it all goes wrong) all happen. You maybe reducing the risk if you know this pony well.
Ignore me if you don't know the pony well!
All the best with it

Mitchy1nge Tue 29-Oct-13 23:00:45

really good points, thanks

you are right of course, about his worth and the risk

if I could bring myself to sell the other pony it wouldn't matter so much but I just can't

horseylady Wed 30-Oct-13 07:53:05

'A horse is only worth what someone is willing to pay'

I would make the offer and walk away. I have done on the past and got something more suitable. It's a buyers market at the moment.

Mitchy1nge Wed 30-Oct-13 11:39:14

thanks

luckily the money is not at my fingertips or I would have let my heart rule my head or however the saying goes, but I think I could justify a tiny bit more but only if they come back with a lower number first

I wish one of my local tack room people could come and spy on us next time we are out somewhere (ie the jays on Sunday) and say what they think he is worth.

sadsometimes Wed 30-Oct-13 17:33:23

If he's 7, 15hh and can't hunt and issues with arenas... Dressage? Good Xc? Why couldn't he hunt?

Breeding? I'd say if not particularly highly bred or a fantastic workers or dressage then 3k.

Mitchy1nge Wed 30-Oct-13 19:20:56

GREAT xc, my offer is insultingly low I think (but it's my budget, I hope they understand that!) I know they paid quite a lot for him, and would like it back plus more, but that's not always how these things work is it? He will have a lot of BE points by this time next year and then in wider market terms he could probably easily command the price they are asking now.

so, he had a bad time hunting, but I wouldn't totally write it off (but I never learn) and same with indoor SJ (outdoor he has all the height and ability but maybe not the confidence yet, these are things that just need a little time and effort and they are not vital but I would probably pay more if they were in place already if that makes sense?) he's great in the school at home. I am hoping they will come back and have wiggled the price down a bit, if not we still have the pleasure of him for now and I will see what else is out there for our money. Will stick a picture up here as if that helps!

Mitchy1nge Wed 30-Oct-13 19:34:04

hopefully on profile now there is one of him winning the pairs (he's on the left) last weekend and one of him jumping at home (is just a blur actually)

not sure what that should achieve other than hopefully people saying 'he looks lovely, find the £££'

He looks lovely, find the £££'s - how unhelpful is that?! If you feel you can get him right for hunting and SJ and is good for everything else that you want, then it's worth considering seriously. Money/value wise, I don't know how you negotiate really, but I think you'll have to be quite stern with yourself and keep your hands in your pocket if they won't play ball. There are other horses out there, and another suitable one at the right price is probably amongst them, but I agree it's hard to look for others when you think you've found "the one".

Take your time, and don't be pressured. Fingers crossed that they'll see reason!

Booboostoo Thu 31-Oct-13 17:57:28

If you are not prepared to pay what they are asking walk away and let them go to the open market. The market will tell them what price is realistic. If they need to sell him now they will need to compromise on the price, if they can afford to keep him, school him over winter and overcome his problems then they may well ask more for him.

Princess74 Mon 04-Nov-13 16:18:46

How do they know he will have lots more BE points next year/ Anything could happen and you really can't make a horse worth double his value by saying that. Plus with his other issues he really isn't the most sellable horse, he needs good SJ to win his points. The market is dead at the moment and there are some lovely very straight horses for not very much money. You also can't take into account what was originally paid for him, i paid in excess of £20k for one of mine, but an accident happened, he wasn't competed as he should have been and was sold for a fraction of that.

Mitchy1nge Mon 04-Nov-13 20:42:54

sure, it's just the plan to up his value next year, barring the unforeseeables - but anyway I think we are getting closer to a price that might suit us both

of course would not stand in the way of someone ready to pay full asking price but it's not going to happen yet

I'm ruthless. not Id make my offer and walk away. They're taking the piss given the current cost of horses.
Sadly there are plenty of people out there who pay big prices because logically the horse must be good. hmm But they're either too stupid or too naïve to know better. It's bloody hard to part with a horse, hence why I've a field full of ponies, but there are plenty of bargains out there! We'll give you a 13hander! wink

Mitchy1nge Tue 05-Nov-13 13:46:36

grin thanks! I am happy on 13hh (not of broncomatic but in general) because I've got really short legs (despite being about 5'4), but look at the pics, her knees have nowhere to go when she jumps, her thigh bones are about 8' long envy, am not even joking sad

Mitchy1nge Tue 05-Nov-13 13:47:09

but looking at the pics

not LOOK AT THE PICS in a commanding sort of way blush

I hate her already! envy
[shortarse emoticon]
grin

That grey looks like a handful! grin

Mitchy1nge Tue 05-Nov-13 13:52:51

want him? they call him Rodeo Joe but nobody knows why, am looking for someone to share/part loan/full loan/anything really

Erm... let me think this over...NO! grin
Start at his teeth and work backwards?

Mitchy1nge Tue 05-Nov-13 14:42:41

he's ok really, that pic was taken this summer AGES ago, it's just a thing he sometimes does, it's ok!

I still hack him out at weekends when I have to but it's nice for my daughter to have something she can enjoy and get confidence from, really just want someone to ride him once or twice during the week as a minimum.

saintmerryweather Thu 07-Nov-13 06:54:10

rodeo joe is gorgeous!

i would probably think.id walk away from the new horse but in reality if i really really wanted it i would negotiate as far as possible then buy it anyway

Mitchy1nge Fri 08-Nov-13 11:36:23

". . . then buy it anyway"

yeah smile I like that!

Pixel Sun 10-Nov-13 16:14:38

Have you bought it yet?

Mitchy1nge Sun 10-Nov-13 17:47:44

no, actually am feeling really 'do we need all these horses' so tired from the extra riding and general work already - you'd think one more wouldn't hurt but it's winter and it does! as lovely as he is we could equally love something cheaper and lower maintenance and I would just feel so much happier if I was doing more with rodeo boy

have had chat with owners and we all know where we stand which is that they will continue preparing him for sale we can just ride him if we want and or make them a better offer

I must be so irritating to deal with confused

mrslaughan Sun 10-Nov-13 19:26:18

I really expected to come back and hear you had bought him!!!!!

Oh well, what will be, will be

Mitchy1nge Sun 10-Nov-13 19:49:50

I suppose we still might, although these (lovely lovely lovely) people don't ever seem to actually sell any of their horses - I don't think they really want to deep down, hence the slightly unrealistic price tags on them all, as far as I can tell they haven't sold a single one yet and they're all fantastic

mrslaughan Sun 10-Nov-13 22:24:40

Aaaaarrrrrrrrhhhhhhh well there you go, then you can keep on riding it, forever and ever :-)

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