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What Would You Pay For...

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  • What Would You Pay For...

    ...this horse?

    15.2 hand, 12 year old OTTB. Been eventing since he was 5 up to training level. Sound and no previous problems and will pass the vet check. Cute, cute, cute and fun personality. Gets low 30s in dressage and rarely has a rail. However, he has completed very few of his novice/training runs without XC penalties and been eliminated quite a few times over the past 2 years. Previous competitions under a different owner show a better record. Horse sold for low-5 figures 2 years ago. Potential to turn him into a jumper, but he will max out at around Level 4 (3'9"). Might be able to do Level 5s (4'). Horse is in Florida.

    I am the buyer in this situation, so definitely not trying to advertise!

    Thank you!
    Last edited by CatchMeIfUCan; Dec. 22, 2011, 03:17 PM. Reason: Add info

  • #2
    Personally, I would pass and find something that does not have XC issues.
    Blugal

    You never know what kind of obsessive compulsive crazy person you are until another person imitates your behaviour at a three-day. --Gry2Yng

    Comment


    • #3
      Not more than 5K

      Comment

      • Original Poster

        #4
        This is a unique situation, and I will (hopefully) be buying the horse but want to make sure I am not overpaying.

        Comment


        • #5
          Well, if we look at the positives you have-
          An animal which has proved to be sound for work
          Still has many years left in him, assuming the refusals were not a sign of discomfort.
          Solid lower level dressage and showjumping
          Sounds like an ammy friendly horse as long as you do not want to go CC.

          I would think 5-7 would be the top price range, assuming he is an easy ride, attractive, and has solid dressage basics. If I wanted to event said horse, I would pass, as I would personally rather an OTTB over a packer who has learned stopping is an option. In this market you can also find horses easily jumping 4 foot courses for 5k and under.

          If this horse had something really special, maybe if he could carry a wee one around a course, or was able to move up the levels in jumping or dressage you could get more, but for a lower level dressage/jumper I would not imagine anyone spending more than 10k. Good luck with your purchase!
          Last edited by smilesthepony; Dec. 14, 2011, 06:57 PM. Reason: Grammer

          Comment


          • #6
            really folks???....he's worth more than 5K as a JUMPER. What he is...is not very marketable as an event horse unless his xc issues were rider related. As a buyer though, unless you lease to buy, it is hard to tell.

            I have a nice event mare...with ME riding we win and don't have many issues xc. With her young rider now...they have trouble getting around novice as the mare takes advantage of her. But as soon as she starts to ride...they will be rocking around prelim.


            This boy sounds like a solid child/adult jumpers. Those go for 10-15K and up around here. His size shrinks his marketability...and age...but as a jumper, depending on how ridable...he still has value.
            ** Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip. ~Winston Churchill? **

            Comment

            • Original Poster

              #7
              His XC problems are mostly rider related, but it takes a good rider to get him around XC cleanly as he can have some confidence problems with a certain type of fence. I hear the current rider has installed a new problem type fence for him though, so there will be two bogey fences for him on course now. He is not a super easy ride, but he is well trained. He is very particular about contact and upper body position so suits a soft and tactful rider the best and this is the type of rider he would need to jump 3'6"-4'.

              I definitely agree that he is more marketable as a jumper, but I will event him. I have asked the same question on the hunter/jumper board to get their ideas as well.

              He will be getting appraised by an independent trainer, and this will be the final asking price. I am struggling with what type of trainer (jumper or eventer) is fair as an appraiser to both the seller and me, but a trainer that buys and sells lots of horses is a must first and foremost.

              Thanks for your opinions so far. I can only afford a certain price so am making myself sick thinking about his upcoming appraisal, and you all are giving me ideas so I can be more realistic!

              Comment


              • #8
                Agree he is probably a CH/AD jumper, and agree on the 10-15K range, assuming he hasn't done recognized jumper shows yet.

                I sold a very similar horse a few years back--11 yo, 16h OTTB, many N/T, maybe 5-6 P, but not a huge xc fan at any level, so showed him in the L4 at HITS a couple times and in the local modified jumpers.

                I don't think it would have been reasonable for event people to buy him as a project for the amount he was worth as a jumper.

                Comment


                • #9
                  Not worth a dime to me, but if he had a solid season of showing at the jumpers and I were shopping for that kind of horse, maybe up to 8-10K. However, I have never gone shopping for a jumper.
                  Click here before you buy.

                  Comment


                  • #10
                    I wouldn't purchase him nor recommend him to a student. Nor would I take him on as a "project to sell later".

                    For a lower level jumper or dressage horse, maybe. But NOT for an eventer.

                    The time and money spent trying to fix his problems would be more productively spent on a horse that has a good record *or* is totally new to XC with no baggage.


                    But it is your theoretical money, so $5k if he passes vet including xrays.

                    Comment


                    • #11
                      Originally posted by smilesthepony View Post
                      In this market you can also find horses easily jumping 4 foot courses for 5k and under.
                      Really? Where?
                      friend of bar.ka

                      I am dressed up. These wellies are clean.

                      Comment


                      • #12
                        How's that saying go...'don't blame the horse, blame the rider'....
                        He may have some confidence issues due to his rider that doesn't mean that he couldn't go clean around xc. I've screwed up a few times and been elimated on course or gained xc penalties because of my silly mistakes. Nothing to do witht he horses-they were only going where my eyes were or my not riding correctly. I think we've all been there I worked for an Olympic rider that had water trouble with one horse-switched the horse to a different rider and now that horse is on the team. All riders ride differently.
                        I would go try him out see if you guys click and figure out if you can put the work in on him. He sounds really cute! I would put him in the $7500 range. I had a wonderful Appendix that had competed Novice and we trained T and Prelim together. Solid ammie/ YR horse. He was 13, passed vet check etc.I was asking $6,000 for him only coz I hadn't competed in a couple years (was worth $7500.) He went to a great YR for a bit of a cut in price. Depending on his price you could always talk them down too. Depends what you want to do with him too-probably has at least 4 yrs left of showing if he stays sound. Keep after or sell? Would you sell in the H/J or Event market?

                        Comment


                        • #13
                          He is very particular about contact and upper body position so suits a soft and tactful rider the best and this is the type of rider he would need to jump 3'6"-4'.
                          This would make him extremely tough to sell in the Ch/Adult jumper market, as well, in my book. Like most things that are meant for kids and/or amateurs, they need to be forgiving and able to take a joke. Horses that are "particular" aren't going to be able to deal with the occasional missed distance, etc. He doesn't sound like he's got that kind of temperament. Most people looking in this market want steady characters who'll leave one out, chip in the short one, shake off a bad fence, and just keep jumping.

                          So, we've got a horse who gets the big E on xc and while it is a rider issue, he needs to be well ridden, needs a tactful ride over fences in the jumper level he'd be capable of, but is easy on the flat and scores decently, too. Sounds like a nice low level dressage horse to me. 5-12k depending on how fancy and what level he's capable of going out at tomorrow.
                          Amanda

                          Comment


                          • #14
                            Agree with YB. With the additional info about the specific ride he needs to jump well, why bother? If he needs to be nursed around a 3'6" course, it might be hard to find him the right ammy rider (ie, a person who is tactful, has upper-body control and particularly wants a smaller, older horse who maxes out at 3'6-4').
                            It doesn't take a particularly talented horse to event at training level or jump 3'6" and leave the rails up, so why not find one who will do it with less fuss? Or an event horse who actually enjoys XC and doesn't have such an ingrained stopping habit?
                            With a 7-year record of stopping on XC, plus the less-desired 15.2 height, this sounds like a pretty poor investment.
                            Also, I thought these "what's he worth?" threads are supposed to be against the BB rules. Have they relaxed on that? (Because I find them to be quite educational, regardless of whether someone is trying to advertise or not!)
                            I evented just for the Halibut.

                            Comment


                            • #15
                              Originally posted by yellowbritches View Post
                              This would make him extremely tough to sell in the Ch/Adult jumper market, as well, in my book. Like most things that are meant for kids and/or amateurs, they need to be forgiving and able to take a joke. Horses that are "particular" aren't going to be able to deal with the occasional missed distance, etc. He doesn't sound like he's got that kind of temperament. Most people looking in this market want steady characters who'll leave one out, chip in the short one, shake off a bad fence, and just keep jumping.

                              So, we've got a horse who gets the big E on xc and while it is a rider issue, he needs to be well ridden, needs a tactful ride over fences in the jumper level he'd be capable of, but is easy on the flat and scores decently, too. Sounds like a nice low level dressage horse to me. 5-12k depending on how fancy and what level he's capable of going out at tomorrow.
                              Agree with this. You are only going to get a higher price for a Children's/Adult Jumper that can pack a kid or nervous ammy around. If a jumper rider is good enough to ride that tactfully, they probably don't want a 15.2 3'6 horse. Or if they do, they aren't going to pay much for the privilege.

                              Comment


                              • #16
                                Not more than 7K! but I don't think it would have been reasonable for event people to buy him as a project for the amount he was worth as a jumper.
                                War Horse Cheap Tickets

                                Comment


                                • #17
                                  I'm curious about the OP's intentions for this horse. Is this a personal horse? Is this a project?

                                  I'm also curious if the OP has actually ridden this horse, particularly jumped either stadium or XC. It's a far piece between FL and the OP's location.

                                  I'd say if the OP has ridden the horse and wants a personal horse, then okay. But as a project for resale -- no. As for price, my boarder has a slightly younger OTTB, who is taller, sound and has a record of E's on XC. He's for sale and the price is definitely well south of 5K. The OTTB market is flooded here.
                                  Where Fjeral Norwegian Fjords Rule
                                  http://www.ironwood-farm.com

                                  Comment


                                  • #18
                                    Originally posted by CatchMeIfUCan View Post
                                    He is not a super easy ride, but he is well trained. He is very particular about contact and upper body position so suits a soft and tactful rider the best and this is the type of rider he would need to jump 3'6"-4'.

                                    I agree with others...this additional fact would lower his price to me. He might be most marketable as a dressage horse if he is easy to ride there....otherwise...an older short horse that is difficult to ride, but might be one to learn a lot on...will be very difficult to sell at any price.
                                    ** Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip. ~Winston Churchill? **

                                    Comment


                                    • #19
                                      the horse you describe is not something I would buy, as I put willingness to jump xc above about anything else.

                                      I just bought a horse for my daughter that sounds a lot like yours--same age, breed, personality--except he's less talented at dressage and packs around low level xc, and doesn't require a particularly good ride. I paid $5500.

                                      Comment


                                      • #20
                                        While I do think these threads are interesting, we probably need to recognize that they are only of limited value because of the difference in markets at the lower levels.

                                        Most people aren't likely to travel too far for a horse in the
                                        15k and under range so there isn't really a "national" market. I guarantee that what I can buy for around 10k in Idaho and surrounding states will be vastly different than what I would pay in California or on the eastern seaboard.

                                        Comment

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