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Miss Southern Sunshine
Posts: 7427
   
Location: South Central Florida | I'm going to try to ask this question again with out it getting deleted. Sorry
Okay, what do you think the absolute top tier horse...the best in the United States, could realistically cost and still be profitable.
There have been discussions of horse values from $750K up to 2.5 million. I don't see how this is even in a conversation.
I've seen the TB sales that colts and fillies go for upwards in the millions, but the prices are based on future profitability...race winnings being a small part of that.
I have never seen an AQHA sell for those prices for several reasons. But a Finished Seasoned and winning at the top level barrel horse, I just can't see them even coming close to making enough money to pay for themselves.
If I look at the top, THE VERY TOP say 5 horses over the past 3 years. We are talking about each horse grossing in the hundred thousands and the low hundred thousands a year. And that's Gross, no one tracks the cost of running Rodeo horses (for good reason).
The numbers that are often discussed seem rediculeous. When they talk about a Barrel Racer or really any rodeo competitor making over a million dollars, they are talking about a life time and much more than one horse.
I would guess there is the random parent or person that wants the fame, but I can't see that being a market indicator. (If I had that kind of money.....I would have mounted my kid on the best I could afford, so I'm not dissing...just being real)
Now if we were talking NASCAR...where they basically hire the drivers and make millions on a great car and great driver, but the driver doesn't have to pay for everything. . . sponsors do that. The Sponsors also make millions in advertising blah blah blah
So I want this discussion to be about pricing and realistic ability for the price to make a profit. Calculating in life expextency of the animal, injuries, time off, and everything else. How much could someone pay and realitically still afford to make a profit. I'm gussing $125K to way outside $250K.
Does any one know of a horse being purchased for MORE than that? Really, not heard the someone heard that a friend knew....actually know of a horse going for more than $500K or really several? |
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Expert
Posts: 3300
| Just barrel horses? I've seen a lot of people double the horses earnings so if they have won 125k the horses price could be 250k.. But most of theses horses are soldby word of mouth..
I know reiners who have sold for 150k that don't have an amazing record..
Pleasure horses selling for 400k+ |
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 Reaching for the stars....
Posts: 12708
| The cutting industry has prices that make you gasp - all AQHA. But that's cutting.
The highest priced solid been-there-done-that has the results to prove it horse I've ever seen a listed price on is $125,000. The owners still have that horse.
I've heard of asking prices above $150,000. Those owners still have that horse too.
I've heard of one who was a true blue 1D with the results to prove it go for $75,000, and saw the check to prove it.
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  Angel in a Sorrel Coat
Posts: 16030
Location: In a happy place | I think at the end of the day the best answer to your question is going to be the one that has been given for years and years. A horse is worth what someone is willing to sell it for and what the next person is willing to pay for it. |
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Common Sense and then some
Location: So. California | If I was in the market for that level of horse (and I'm certainly not) I would expect to spend somewhere around $200-300K +/- There are so many variables to consider; maintenance issues, sex, age, winning record, pedigree, etc... |
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Tried and True
Posts: 21185
Location: Where I am happiest | Reportedly, Dillon sold for $425,000. |
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 Go Your Own Way
Posts: 4947
Location: SE KS | what is it worth to you and are willing to pay. |
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Hungarian Midget Woman
Location: Midwest | People pay crazy amounts of money for things all the time that are not meant to be profitable.
why should horses be any different? |
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Veteran
Posts: 291
| There are quite a few people who do not need to make a profit but want to win. |
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 Chasin my Dream
Posts: 13651
Location: Alberta | sorrel horse ranch - 2014-03-19 11:20 AM I think at the end of the day the best answer to your question is going to be the one that has been given for years and years. A horse is worth what someone is willing to sell it for and what the next person is willing to pay for it.
This.... |
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I AM being nice
Posts: 4396
Location: MD | I don't think that one can realistically hope to purchase a true top tier horse and hope to earn enough on them to make a profit. What buying a high end, high dollar horse will do is get you a reputation with which you can make money. With enough notoriety and wins come endorsements, clinics, product lines and the like.
How many Steinhoff saddles do you think would be sold had they never purchased HotShot? How many Pozzi bits would be sold were it not for Stitch and Duke? A good horse and good wins give a rider credibility and that is why a large purchase price can easily be justified |
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Chasin my Dream
Posts: 13651
Location: Alberta | ThreeCorners - 2014-03-19 11:58 AM Reportedly, Dillon sold for $425,000.
what did Stitch "reportedly" sell for.....just curious......... |
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 Expert
Posts: 2097
Location: Deep South | I know lots will disagree with me, and I understand we are all raised differently. It's what makes the world go round after all. But I believe that people don't know a definitive answer to your question because the only people who actually DO know what specific horses have sold for, have the class to not go posting dollar amounts on the internet. A lot of people are taught to keep financial matters private. |
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Reaching for the stars....
Posts: 12708
| BamaCanChaser - 2014-03-19 1:14 PM I know lots will disagree with me, and I understand we are all raised differently. It's what makes the world go round after all. But I believe that people don't know a definitive answer to your question because the only people who actually DO know what specific horses have sold for, have the class to not go posting dollar amounts on the internet. A lot of people are taught to keep financial matters private.
I'd agree, except with exceptions of course. What I posted did not mention names in any way, shape or form. No states involved, no hinted names, nada.
Since when is passing on that type of information classless? I kept all the pertinent information private. To me, not answering Tammy's question would have been much more rude than passing on the bare naked facts I have to pass on. I could fill pages with the deals I've only heard about . . . same as anyone else in the Barrel Horse World, I'm sure. |
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 Lady Di
Posts: 21556
Location: Oklahoma | I bought a horse from the guy that trained a mare that went to the NFR and he said he got $200K for her. I'm know of several that have brought over $100K and they won that much after being bought. Not sure about $500K...haven't heard of any of those, but there sure may be some out there....I'm not sure what the Brazilians paid for Miss Fortunes Fool, but it was said in BHN that she was the high selling barrel horse at that time. That price may have been surpassed by now. |
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Expert
Posts: 2097
Location: Deep South | lonely va barrelxr - 2014-03-19 1:20 PM
BamaCanChaser - 2014-03-19 1:14 PM I know lots will disagree with me, and I understand we are all raised differently. It's what makes the world go round after all. But I believe that people don't know a definitive answer to your question because the only people who actually DO know what specific horses have sold for, have the class to not go posting dollar amounts on the internet. A lot of people are taught to keep financial matters private.
I'd agree, except with exceptions of course. What I posted did not mention names in any way, shape or form. No states involved, no hinted names, nada.
Since when is passing on that type of information classless? I kept all the pertinent information private. To me, not answering Tammy's question would have been much more rude than passing on the bare naked facts I have to pass on. I could fill pages with the deals I've only heard about . . . same as anyone else in the Barrel Horse World, I'm sure.
I agree with you. Posting very vague information, like "I know of a horse that sold for $75k." doesn't deem anyone classless in my book either. I assumed the OP was wanting to hear of specific instances.
I bought my first 1D horse while in hs rodeo, no where near the figures of this conversation, I really just got lucky. The owner was in a pickle and I got a screaming deal on him. Soon as I started winning the chatter started, when I didn't win it was even worse. The amounts I started hearing that I paid for MY horse were astounding. I shouldn't have let it bother me, but I'm a very private person and it did.
Just wanted to share a different perspective on the topic. If the buyers/sellers of these horses were ok with the world knowing they would give the interviews to the magazines who I'm sure asked them. The prices that are public, then those people must not be bothered by it. |
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Expert
Posts: 2531
Location: WI | dianeguinn - 2014-03-19 1:25 PM I bought a horse from the guy that trained a mare that went to the NFR and he said he got $200K for her. I'm know of several that have brought over $100K and they won that much after being bought. Not sure about $500K...haven't heard of any of those, but there sure may be some out there....I'm not sure what the Brazilians paid for Miss Fortunes Fool, but it was said in BHN that she was the high selling barrel horse at that time. That price may have been surpassed by now.
$356k
http://www.barrelhorsenews.com/articles/industry-news/3334-miss-fortunes-fool-changes-hands-in-record-setting-transaction-
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 That's White "Man" to You
Posts: 5515
| dianeguinn - 2014-03-19 1:25 PM I bought a horse from the guy that trained a mare that went to the NFR and he said he got $200K for her. I'm know of several that have brought over $100K and they won that much after being bought. Not sure about $500K...haven't heard of any of those, but there sure may be some out there....I'm not sure what the Brazilians paid for Miss Fortunes Fool, but it was said in BHN that she was the high selling barrel horse at that time. That price may have been surpassed by now.
http://www.barrelhorsenews.com/articles/industry-news/3334 |
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 Regular
Posts: 91
Location: Pilot Point, TX | Ms Perky Bug sold for $465,000 in Brazil last year. |
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Reaching for the stars....
Posts: 12708
| BamaCanChaser - 2014-03-19 1:50 PM lonely va barrelxr - 2014-03-19 1:20 PM BamaCanChaser - 2014-03-19 1:14 PM I know lots will disagree with me, and I understand we are all raised differently. It's what makes the world go round after all. But I believe that people don't know a definitive answer to your question because the only people who actually DO know what specific horses have sold for, have the class to not go posting dollar amounts on the internet. A lot of people are taught to keep financial matters private.
I'd agree, except with exceptions of course. What I posted did not mention names in any way, shape or form. No states involved, no hinted names, nada.
Since when is passing on that type of information classless? I kept all the pertinent information private. To me, not answering Tammy's question would have been much more rude than passing on the bare naked facts I have to pass on. I could fill pages with the deals I've only heard about . . . same as anyone else in the Barrel Horse World, I'm sure. I agree with you. Posting very vague information, like "I know of a horse that sold for $75k." doesn't deem anyone classless in my book either. I assumed the OP was wanting to hear of specific instances. I bought my first 1D horse while in hs rodeo, no where near the figures of this conversation, I really just got lucky. The owner was in a pickle and I got a screaming deal on him. Soon as I started winning the chatter started, when I didn't win it was even worse. The amounts I started hearing that I paid for MY horse were astounding. I shouldn't have let it bother me, but I'm a very private person and it did. Just wanted to share a different perspective on the topic. If the buyers/sellers of these horses were ok with the world knowing they would give the interviews to the magazines who I'm sure asked them. The prices that are public, then those people must not be bothered by it.
Gotcha 
The OP and I know each other so yep, she can pm me if she wants to know the specific owners or horses I mentioned. |
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