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 Elite Veteran
Posts: 878
       Location: "...way down south in the Everglades..." | Silly Filly - 2017-02-08 1:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon.......
I saw that too and first thought they must have accidently added another "0"...but then even so...8k? I just want to know what these people do for a living that are able to buy these high dollar horses... | |
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Expert
Posts: 1611
  
| CanCan - 2017-02-08 12:48 PM
ND3canAddict - 2017-02-08 11:27 AM I think the prices are a little nuts for almost everything. I've been looking for a "broke" 3-4 yo mare for my daughter, IMO, our budget is reasonable. There are a ton of them that are GD, or GGDs of "somebody," that are riding green to decent for $7500-10,000. I understand the owners think they are ate up with potential, but I think they're worth $3500. I don't inquire if they are that far off the budget. Many times I assume they will be $5k or less, so I ask because the ads aren't priced. They tell me $10k (or more) and then try to hard sell me or tell my my budget isn't reasonable. Which, of course, ****es me off- I know there are very nice horses out there that fit the bill and are within my budget. I will wait- I have more time than money. 207 views. I guess we are the vast minority. Or everyone else is elling a horse. LOL.
No you are not the minority.
The market is good right now and I feel like everyone has inflated their prices because of it.
Just because you paid a $1500 stud fee on ol leroy and you fed him and raised him for 3-6 years does not mean I'm going to pay 10k for him as an UNHAULED basically 7 yr old. It's nuts! But horses are worth what someone is willing to pay.
I don't think most people understand this but IMO after the age of 4 yrs those own sons and daughters drastically decrease in price range for people in my area because we don't have high paying derbies in the south.
Also, I too saw that 80k ad and I'm like uhhh surely this is a mistake. For 80k you can buy horses that will be at the american semi's
My views on prices on Open Horses:
1D anywhere - name your price
1D consistent occasionally 2D - 20k (if your lucky) all the way up to 250k
2D consistent big show 7500-15k
3D consistent big show 5-15k (depending on possibility of different rider making them clock faster, mind, are they a teacher for a child, etc)
4D consistent big show 2-10k (are these teachers, maintenance issues with age if they are teachers, etc)
Embryos to Yearlings: To me based off dam (producer, her earnings, etc) and stud fee along with throwing in care fees.
2yrs olds- 4yr ols: Where your prospects are worth the most! anywhere from 2k-200k LOL After that they start decreasing for me because derbies don't pay as much and they probably were started but didn't make the grade, put on the back burner etc...
Doesn't mean they can't make amazing open horses I just think it factors into price unless they are really coming on.
Remember things are worth what someone will pay though!
Edited by astreakinchic 2017-02-08 1:34 PM
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Expert
Posts: 1611
  
| Speedy Buckeye Girl - 2017-02-08 2:30 PM Silly Filly - 2017-02-08 1:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon....... I saw that too and first thought they must have accidently added another "0"...but then even so...8k?
I just want to know what these people do for a living that are able to buy these high dollar horses...
They are rich enough that they don't have to work.... | |
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The Advice Guru
Posts: 6419
     
| You can still find the diamond in the rough priced reasonable.
I do believe people are finally realizing the cost of training and this is why horses have increased in price, people are tired of going in the hole.
Grandbabies of DTF are going to be worth more then a no name horse just because there are grandbabies doing well.
A ranch horse 6/7 broke are starting out up here for 7500 most are going over 10k. Some of these people may have roped off of them, doctored, etc. Yes they may want the horse to go into the barrel pen, but are pricing what the horse is worth in the ranch horse area.
Do I think a nice solid broke 6/7 yr old horse with no quirks is worth 7500, absolutely, as it would be impossible to replace that quality for cheaper in time and training.
Do I think a 6/7 green broke horse is worth 7500, not really, but there may be someone out there that will pay the price, if not the people will reduce their price. | |
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 Namesless in BHW
Posts: 10368
       Location: At the race track with Ah Dee Ohs | IRunOnFaith - 2017-02-08 12:39 PM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days. 
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 I Don't Brag
Posts: 6960
        
| You can thank the Divisional races for the high cost of a barrel horse. Those that sell think that this is great but those that buy, especially on a limited budget are SOL. IMHO this is the reason the Divisional format was created and supported by big names. Those big names had horses to sell (either that they raised/trained or brokered that could off shut off the clock like the horses they made their careers with. They did however, find a market of buyers who would buy one of the "lesser" horses just to say that they bought it from So-and-so. Then those buyers needed a format where they could justify the money they spent by placing in a "D". Then big money took an interest and now you have today's horse market. I sure can't afford to buy a winner!
When I was horse shopping I couldn't believe the prices they were asking for horses that were not well broke, not all that fast, certainly not fitted to sell, all in short, not as good as the horses I already owned......yet I could not sell anything for any kind of money.
As far as the "older" broke horses on the market, it doesn't bother me. If I hear one has been futuritied (especially in my price range) a red flag goes up, I wonder what kind of shape it's body AND mind are in. I would prefer that they get a chance to grow up mentally and physically. I want one for LONG term, not just for a season or two. | |
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 Expert
Posts: 3815
      Location: The best kept secret in TX | Silly Filly - 2017-02-08 12:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon.......
I though the same thing but honestly even if they did accidentally add another 0, $8,000 to me is still too much for that particular Weanling...  | |
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Expert
Posts: 1611
  
| rodeoveteran - 2017-02-08 3:16 PM You can thank the Divisional races for the high cost of a barrel horse. Those that sell think that this is great but those that buy, especially on a limited budget are SOL. IMHO this is the reason the Divisional format was created and supported by big names. Those big names had horses to sell (either that they raised/trained or brokered that could off shut off the clock like the horses they made their careers with. They did however, find a market of buyers who would buy one of the "lesser" horses just to say that they bought it from So-and-so. Then those buyers needed a format where they could justify the money they spent by placing in a "D". Then big money took an interest and now you have today's horse market. I sure can't afford to buy a winner! When I was horse shopping I couldn't believe the prices they were asking for horses that were not well broke, not all that fast, certainly not fitted to sell, all in short, not as good as the horses I already owned......yet I could not sell anything for any kind of money. As far as the "older" broke horses on the market, it doesn't bother me. If I hear one has been futuritied (especially in my price range) a red flag goes up, I wonder what kind of shape it's body AND mind are in. I would prefer that they get a chance to grow up mentally and physically. I want one for LONG term, not just for a season or two.
This makes me so sad to hear :-(
Just because horses are futuried doesn't mean they are fried or done even if they are priced cheap. Yes investigate but maybe that was someone's first time training one or maybe the horse just didn't pan but would be great in open divisonal races. My friend recently sold a gelding for $8500 because he is consistantly 3D and he is paid in full to all big futuries for the year. NOT one thing wrong but he is just not a clock stopper...hes happy to crusie in the 3D. Nothing wrong and she priced him reasonable. | |
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 Expert
Posts: 3815
      Location: The best kept secret in TX | astreakinchic - 2017-02-08 1:35 PM Speedy Buckeye Girl - 2017-02-08 2:30 PM Silly Filly - 2017-02-08 1:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon....... I saw that too and first thought they must have accidently added another "0"...but then even so...8k? I just want to know what these people do for a living that are able to buy these high dollar horses... They are rich enough that they don't have to work.... I can understand someone buying a finished, well seasoned, 1D Pro horse that's being jockied by someone well known for $80k But for a weanling out of a no name mare by a mediocre stud !? Blows my mind... If that's all it takes to make 80k is to have two known names somewhere on the papers why don't we all go into the back yard breeders program and never have to work again???
Edited by IRunOnFaith 2017-02-08 2:26 PM
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Expert
Posts: 1611
  
| IRunOnFaith - 2017-02-08 3:24 PM
astreakinchic - 2017-02-08 1:35 PM Speedy Buckeye Girl - 2017-02-08 2:30 PM Silly Filly - 2017-02-08 1:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon....... I saw that too and first thought they must have accidently added another "0"...but then even so...8k?
I just want to know what these people do for a living that are able to buy these high dollar horses... They are rich enough that they don't have to work....
I can understand someone buying a finished, well seasoned, 1D Pro horse that's being jockied by someone well known for $80k But for a weanling out of a no name mare by a mediocre stud !? Blows my mind...
Nah I don't agree with it either. Refer to my above post. Some of the American Semi's qualifiers can be bought at that price RIGHT NOW | |
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 Accident Prone
Posts: 22277
          Location: 100 miles from Nowhere, AR | astreakinchic - 2017-02-08 2:24 PM rodeoveteran - 2017-02-08 3:16 PM You can thank the Divisional races for the high cost of a barrel horse. Those that sell think that this is great but those that buy, especially on a limited budget are SOL. IMHO this is the reason the Divisional format was created and supported by big names. Those big names had horses to sell (either that they raised/trained or brokered that could off shut off the clock like the horses they made their careers with. They did however, find a market of buyers who would buy one of the "lesser" horses just to say that they bought it from So-and-so. Then those buyers needed a format where they could justify the money they spent by placing in a "D". Then big money took an interest and now you have today's horse market. I sure can't afford to buy a winner! When I was horse shopping I couldn't believe the prices they were asking for horses that were not well broke, not all that fast, certainly not fitted to sell, all in short, not as good as the horses I already owned......yet I could not sell anything for any kind of money. As far as the "older" broke horses on the market, it doesn't bother me. If I hear one has been futuritied (especially in my price range) a red flag goes up, I wonder what kind of shape it's body AND mind are in. I would prefer that they get a chance to grow up mentally and physically. I want one for LONG term, not just for a season or two. This makes me so sad to hear :- (
Just because horses are futuried doesn't mean they are fried or done even if they are priced cheap. Yes investigate but maybe that was someone's first time training one or maybe the horse just didn't pan but would be great in open divisonal races. My friend recently sold a gelding for $8500 because he is consistantly 3D and he is paid in full to all big futuries for the year. NOT one thing wrong but he is just not a clock stopper...hes happy to crusie in the 3D. Nothing wrong and she priced him reasonable.
For me, it would depend on who the horse had been with. Some futurity riders do a great job, some are downright crappy and it's a minor miracle when they turn out one that lasts. | |
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Expert
Posts: 1611
  
| Three 4 Luck - 2017-02-08 3:34 PM
astreakinchic - 2017-02-08 2:24 PM rodeoveteran - 2017-02-08 3:16 PM You can thank the Divisional races for the high cost of a barrel horse. Those that sell think that this is great but those that buy, especially on a limited budget are SOL. IMHO this is the reason the Divisional format was created and supported by big names. Those big names had horses to sell (either that they raised/trained or brokered that could off shut off the clock like the horses they made their careers with. They did however, find a market of buyers who would buy one of the "lesser" horses just to say that they bought it from So-and-so. Then those buyers needed a format where they could justify the money they spent by placing in a "D". Then big money took an interest and now you have today's horse market. I sure can't afford to buy a winner! When I was horse shopping I couldn't believe the prices they were asking for horses that were not well broke, not all that fast, certainly not fitted to sell, all in short, not as good as the horses I already owned......yet I could not sell anything for any kind of money. As far as the "older" broke horses on the market, it doesn't bother me. If I hear one has been futuritied (especially in my price range) a red flag goes up, I wonder what kind of shape it's body AND mind are in. I would prefer that they get a chance to grow up mentally and physically. I want one for LONG term, not just for a season or two. This makes me so sad to hear :- (
Just because horses are futuried doesn't mean they are fried or done even if they are priced cheap. Yes investigate but maybe that was someone's first time training one or maybe the horse just didn't pan but would be great in open divisonal races. My friend recently sold a gelding for $8500 because he is consistantly 3D and he is paid in full to all big futuries for the year. NOT one thing wrong but he is just not a clock stopper...hes happy to crusie in the 3D. Nothing wrong and she priced him reasonable.
For me, it would depend on who the horse had been with. Some futurity riders do a great job, some are downright crappy and it's a minor miracle when they turn out one that lasts.
I'll agree with you to a degree because I don't even wanna try and fix some of the ones from certain trainers. Sometimes horses get "butt hurt" when you try to change their style and will flat out not clock for someone else's style and I know that certain trainers just don't fit how I ride so I don't even touch those horses. BUT.... it kinda depends on how solid and how many futurities they went to as a 3/4yr old. One big thing that happens is ppl think "oh i've got this 5yr old that I can whip, send, and ride" when in reality they are scaring the poor colt to death and it starts running off, getting sore, getting confused, etc
Futurities are far different from a rodeo. New atmosphere= kid gloves.
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 Expert
Posts: 3815
      Location: The best kept secret in TX | astreakinchic - 2017-02-08 2:25 PM IRunOnFaith - 2017-02-08 3:24 PM astreakinchic - 2017-02-08 1:35 PM Speedy Buckeye Girl - 2017-02-08 2:30 PM Silly Filly - 2017-02-08 1:43 PM IRunOnFaith - 2017-02-08 11:39 AM I found a WEANLING filly the other day advertised at $80,000. Both Grandsires were big names but a little older in popularity. Sire has a 2017 stud fee of only $750 with no incentives. Dam has no show records available to view. Foal is signed up for no incentives...
I guess they're worth whatever you want them to be worth now-a-days.  I saw that and keep thinking they made a mistake and will correct it soon....... I saw that too and first thought they must have accidently added another "0"...but then even so...8k?
I just want to know what these people do for a living that are able to buy these high dollar horses... They are rich enough that they don't have to work.... I can understand someone buying a finished, well seasoned, 1D Pro horse that's being jockied by someone well known for $80k But for a weanling out of a no name mare by a mediocre stud !?
Blows my mind... Nah I don't agree with it either. Refer to my above post. Some of the American Semi's qualifiers can be bought at that price RIGHT NOW
My point exactly  | |
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 I Don't Brag
Posts: 6960
        
| I never said t\that I wouldn't give them a chance, but they had better be exceptional in mind and body. In fact I have bought 2, one was started after a year of flat racing by a VERY well known futurity trainer. A friend of mine bought part interest in her, not sure who rode her.... I loved that mare but only bought her on "clearance" when her futurity year was done.....I loved that mare but when I bought her, she ran scared....and I never could get her to "hunt" and rate a barrel...if the ground was heavy enough, she would run around them as fast as she ran TO them but would take 100 steps around one costing precious time. Not only did I try to restart her but also sent her to two different calf roping trainers hoping that if she could learn to rate a calf I could transfer that to a barrel. BOTH guys loved her so much they both started her from scratch but I never did get her to rate. She was broke, broke , broke up to a slow lope, then she went to warp speed, lol. I ended up getting 2 babies out of her before I lost her.
The other 4 yr old I bought was/is the kindest barrel horse you will ever find. From that age he would do what he needed to save your life (something I experienced a QH Congress in the Pole class....he had run a 19 second pole pattern but never turned on the afterburners until the 2nd go and I did a Stroud Layout at the end pole.... he ducked underneath me and we finished the pattern). Both horses were super clean physically and believe me I had them checked.
Just saying that the red flag goes up and I look REAL close for physical and mental issues. You are asking babies to do a man's work and that can take a real toll. | |
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 No Tune in a Bucket
Posts: 2935
       Location: Texas | runnink - 2017-02-08 12:34 PM OhMax - 2017-02-08 12:22 PM I'm not a fan of futurities and won't buy one who's been futuritied, so a 5-6 yr old is right up my ally. I like to pattern them myself so well broke and lightly started on the pattern is great. But that's worth $2500-$5000 to me and depends more on how broke than how well bred if it's a gelding. I totally get paying a little more for proven bloodlines, but if he flunks out of the barrel pen I have a well bred gelding who now I have to find another job for or convince a buyer he's worth taking the gamble on even though he doesn't excel at what his pedigree says he should. Mares I could see going a bit higher for the bloodlines as there's breeding potential there. People always think their horse is worth top dollar, I won't say I've never priced one on the high side of his worth because everyone also wants to haggle and walk away feeling like they got a good deal. But horses are a lot like houses. They say the first 2 weeks a house is on the market is the most traffic it'll ever get in a robust market. Once it's been on the market over a month people assume something is wrong with it. So you'd better price it right the first time because it'll be a harder sell if you don't. I feel it's similar for horses - if I see an ad that reads too good to be true but has been bumped up 40 times in 6 months, I start to wonder why. the best one is when people try to sell on FB without posting a price....from 1D to knows what a (feed ) barrel is...post gets 100's of comments with everyone wanting a price...a week later the poster finally "publishes" the price and...crickets.
And they won't post a video. They will individually send each inquirer a video, but why not post one. Drives me nuts. | |
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Industrial Srength Barrel Racer
Posts: 7268
     
| ND3canAddict - 2017-02-08 12:35 PM
This is funny. A little OT, but many of the ads I am reading don'thave prices on them. The ad reads like the horse should fall in my budget, so I ask and the horse is priced WAY higher than I would have imagined. Here's the funny part- the seller gets irritated with me for "tire kicking" after I say the horse isn't in my budget. WTF, female dog! You didn't price the horse, how am I supposed to know I can't afford your cute little no-name 3 year old with 60 rides???!!!!
I won't even LOOK at ads with no price because (and this is MY opinion), I feel like the seller has them embarrassingly over-priced. | |
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 Shelter Dog Lover
Posts: 10277
      
| Griz - 2017-02-09 5:53 AM ND3canAddict - 2017-02-08 12:35 PM This is funny. A little OT, but many of the ads I am reading don'thave prices on them. The ad reads like the horse should fall in my budget, so I ask and the horse is priced WAY higher than I would have imagined. Here's the funny part- the seller gets irritated with me for "tire kicking" after I say the horse isn't in my budget. WTF, female dog! You didn't price the horse, how am I supposed to know I can't afford your cute little no-name 3 year old with 60 rides???!!!! I won't even LOOK at ads with no price because (and this is MY opinion ), I feel like the seller has them embarrassingly over-priced.
I once called a private treaty add-horse advertised as 3D/same trip, price was 8K which I thought was very reasonable. However I thought why go through the song and dance of private treaty and have numerous phone calls, for a lot lot of people that would still be out of their budget. I don't know maybe they do it to get more attention to the add but that would drive me nuts and I agree with you that they probably lose potential buyers. | |
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 Straight Shooter
Posts: 5725
     Location: SW North Dakota | rodeomom3 - 2017-02-09 5:15 AM Griz - 2017-02-09 5:53 AM ND3canAddict - 2017-02-08 12:35 PM This is funny. A little OT, but many of the ads I am reading don'thave prices on them. The ad reads like the horse should fall in my budget, so I ask and the horse is priced WAY higher than I would have imagined. Here's the funny part- the seller gets irritated with me for "tire kicking" after I say the horse isn't in my budget. WTF, female dog! You didn't price the horse, how am I supposed to know I can't afford your cute little no-name 3 year old with 60 rides???!!!! I won't even LOOK at ads with no price because (and this is MY opinion ), I feel like the seller has them embarrassingly over-priced. I once called a private treaty add-horse advertised as 3D/same trip, price was 8K which I thought was very reasonable. However I thought why go through the song and dance of private treaty and have numerous phone calls, for a lot lot of people that would still be out of their budget. I don't know maybe they do it to get more attention to the add but that would drive me nuts and I agree with you that they probably lose potential buyers.
I understand that people sometimes want to keep prices private, but IMO if you don't post a price it should be illegal to also say "no tire kickers!" Sheeeeeezzzzzzz! I am a very serious buyer at $5K. I am NOT at $10K. | |
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 A Somebody to Everybody
Posts: 41354
              Location: Under The Big Sky Of Texas | ND3canAddict - 2017-02-09 9:30 AM rodeomom3 - 2017-02-09 5:15 AM Griz - 2017-02-09 5:53 AM ND3canAddict - 2017-02-08 12:35 PM This is funny. A little OT, but many of the ads I am reading don'thave prices on them. The ad reads like the horse should fall in my budget, so I ask and the horse is priced WAY higher than I would have imagined. Here's the funny part- the seller gets irritated with me for "tire kicking" after I say the horse isn't in my budget. WTF, female dog! You didn't price the horse, how am I supposed to know I can't afford your cute little no-name 3 year old with 60 rides???!!!! I won't even LOOK at ads with no price because (and this is MY opinion ), I feel like the seller has them embarrassingly over-priced. I once called a private treaty add-horse advertised as 3D/same trip, price was 8K which I thought was very reasonable. However I thought why go through the song and dance of private treaty and have numerous phone calls, for a lot lot of people that would still be out of their budget. I don't know maybe they do it to get more attention to the add but that would drive me nuts and I agree with you that they probably lose potential buyers. I understand that people sometimes want to keep prices private, but IMO if you don't post a price it should be illegal to also say "no tire kickers!" Sheeeeeezzzzzzz! I am a very serious buyer at $5K. I am NOT at $10K.
I laugh when I see that theres no price on the horse, then they say {call for price but please no tire kickers} What the heck  | |
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 I don't want to screw up!
Posts: 3881
         Location: North Dakota -> Colorado | ND3canAddict - 2017-02-08 11:27 AM I think the prices are a little nuts for almost everything. I've been looking for a "broke" 3-4 yo mare for my daughter, IMO, our budget is reasonable. There are a ton of them that are GD, or GGDs of "somebody," that are riding green to decent for $7500-10,000. I understand the owners think they are ate up with potential, but I think they're worth $3500. I don't inquire if they are that far off the budget. Many times I assume they will be $5k or less, so I ask because the ads aren't priced. They tell me $10k (or more) and then try to hard sell me or tell my my budget isn't reasonable. Which, of course, ****es me off- I know there are very nice horses out there that fit the bill and are within my budget. I will wait- I have more time than money.
I 100% agree! Unless they are own sons/daughters (with a nice complimentary side) of whats hot right now or royally bred throughout their grandparents (which normally means that their parents are probably pretty nice as well) I can't afford to pay 10k for a green broke 2-4 yr old that has maybe one horse I would consider worth while on its papers. seems a bit ridiculous to me. Or when its a fairly unimpressive mare bred to a son of such and such on a another unimpressive mare and just because such and such is its grandpa and everything else on its papers is not noteworthy it automatically jumps the horse's price up like 5k. I understand the prices on some that are spectacularly bred and they can be asking 15-20k, that makes sense to me. It is the ones that aren't anything special and they want 10-15k.  | |
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