• Welcome to the Chronicle Forums.
    Please complete your profile. The forums and the rest of www.chronofhorse.com has single sign-in, so your log in information for one will automatically work for the other. Disclaimer: The opinions expressed here are the views of the individual and do not necessarily reflect the views and opinions of The Chronicle of the Horse.

Announcement

Collapse

Forum rules and no-advertising policy

As a participant on this forum, it is your responsibility to know and follow our rules. Please read this message in its entirety.

Board Rules

1. You’re responsible for what you say.
As outlined in Section 230 of the Communications Decency Act, The Chronicle of the Horse and its affiliates, as well Jelsoft Enterprises Ltd., the developers of vBulletin, are not legally responsible for statements made in the forums.

This is a public forum viewed by a wide spectrum of people, so please be mindful of what you say and who might be reading it—details of personal disputes are likely better handled privately. While posters are legally responsible for their statements, the moderators may in their discretion remove or edit posts that violate these rules. Users have the ability to modify or delete their own messages after posting, but administrators generally will not delete posts, threads or accounts upon request.

Outright inflammatory, vulgar, harassing, malicious or otherwise inappropriate statements and criminal charges unsubstantiated by a reputable news source or legal documentation will not be tolerated and will be dealt with at the discretion of the moderators.

2. Conversations in horse-related forums should be horse-related.
The forums are a wonderful source of information and support for members of the horse community. While it’s understandably tempting to share information or search for input on other topics upon which members might have a similar level of knowledge, members must maintain the focus on horses.

3. Keep conversations productive, on topic and civil.
Discussion and disagreement are inevitable and encouraged; personal insults, diatribes and sniping comments are unproductive and unacceptable. Whether a subject is light-hearted or serious, keep posts focused on the current topic and of general interest to other participants of that thread. Utilize the private message feature or personal email where appropriate to address side topics or personal issues not related to the topic at large.

4. No advertising in the discussion forums.
Posts in the discussion forums directly or indirectly advertising horses, jobs, items or services for sale or wanted will be removed at the discretion of the moderators. Use of the private messaging feature or email addresses obtained through users’ profiles for unsolicited advertising is not permitted.

Company representatives may participate in discussions and answer questions about their products or services, or suggest their products on recent threads if they fulfill the criteria of a query. False "testimonials" provided by company affiliates posing as general consumers are not appropriate, and self-promotion of sales, ad campaigns, etc. through the discussion forums is not allowed.

Paid advertising is available on our classifieds site and through the purchase of banner ads. The tightly monitored Giveaways forum permits free listings of genuinely free horses and items available or wanted (on a limited basis). Items offered for trade are not allowed.

Advertising Policy Specifics
When in doubt of whether something you want to post constitutes advertising, please contact a moderator privately in advance for further clarification. Refer to the following points for general guidelines:

Horses – Only general discussion about the buying, leasing, selling and pricing of horses is permitted. If the post contains, or links to, the type of specific information typically found in a sales or wanted ad, and it’s related to a horse for sale, regardless of who’s selling it, it doesn’t belong in the discussion forums.

Stallions – Board members may ask for suggestions on breeding stallion recommendations. Stallion owners may reply to such queries by suggesting their own stallions, only if their horse fits the specific criteria of the original poster. Excessive promotion of a stallion by its owner or related parties is not permitted and will be addressed at the discretion of the moderators.

Services – Members may use the forums to ask for general recommendations of trainers, barns, shippers, farriers, etc., and other members may answer those requests by suggesting themselves or their company, if their services fulfill the specific criteria of the original post. Members may not solicit other members for business if it is not in response to a direct, genuine query.

Products – While members may ask for general opinions and suggestions on equipment, trailers, trucks, etc., they may not list the specific attributes for which they are in the market, as such posts serve as wanted ads.

Event Announcements – Members may post one notification of an upcoming event that may be of interest to fellow members, if the original poster does not benefit financially from the event. Such threads may not be “bumped” excessively. Premium members may post their own notices in the Event Announcements forum.

Charities/Rescues – Announcements for charitable or fundraising events can only be made for 501(c)(3) tax-exempt organizations. Special exceptions may be made, at the moderators’ discretion and direction, for board-related events or fundraising activities in extraordinary circumstances.

Occasional posts regarding horses available for adoption through IRS-registered horse rescue or placement programs are permitted in the appropriate forums, but these threads may be limited at the discretion of the moderators. Individuals may not advertise or make announcements for horses in need of rescue, placement or adoption unless the horse is available through a recognized rescue or placement agency or government-run entity or the thread fits the criteria for and is located in the Giveaways forum.

5. Do not post copyrighted photographs unless you have purchased that photo and have permission to do so.

6. Respect other members.
As members are often passionate about their beliefs and intentions can easily be misinterpreted in this type of environment, try to explore or resolve the inevitable disagreements that arise in the course of threads calmly and rationally.

If you see a post that you feel violates the rules of the board, please click the “alert” button (exclamation point inside of a triangle) in the bottom left corner of the post, which will alert ONLY the moderators to the post in question. They will then take whatever action, or no action, as deemed appropriate for the situation at their discretion. Do not air grievances regarding other posters or the moderators in the discussion forums.

Please be advised that adding another user to your “Ignore” list via your User Control Panel can be a useful tactic, which blocks posts and private messages by members whose commentary you’d rather avoid reading.

7. We have the right to reproduce statements made in the forums.
The Chronicle of the Horse may copy, quote, link to or otherwise reproduce posts, or portions of posts, in print or online for advertising or editorial purposes, if attributed to their original authors, and by posting in this forum, you hereby grant to The Chronicle of the Horse a perpetual, non-exclusive license under copyright and other rights, to do so.

8. We reserve the right to enforce and amend the rules.
The moderators may delete, edit, move or close any post or thread at any time, or refrain from doing any of the foregoing, in their discretion, and may suspend or revoke a user’s membership privileges at any time to maintain adherence to the rules and the general spirit of the forum. These rules may be amended at any time to address the current needs of the board.

Please see our full Terms of Service and Privacy Policy for more information.

Thanks for being a part of the COTH forums!

(Revised 1/26/16)
See more
See less

Question About Resale value...

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Question About Resale value...

    I am wondering about what I can expect of the following situation:

    If I were to purchase a green broke horse and put some training into it and show it local H/J shows, and get it going well from 2'9" or 3' what could I expect to sell the horse for?

    I'm thinking of an OTTB, around 16H and under 5 years old being trained for Hunter Jumper.

    I would be reselling in the Florida area approximately a year after purchase or so.

    I just want to know if I could get close to breaking even after my expenses. This is something I've done once before (not a OTTB though) but I never sold the horse because I got too attached. I'm not hoping to make a profit I'm just curious to know what I might be able to sell for.

  • #2
    You realize that the answer depends entirely on the innate quality of the horse and the quality of the training put into it, plus the added uncontrollable variables of luck and avoidance of disaster or accident. You could end up giving the horse away or selling it for six figures or anywhere in between. Absolutely no way to tell without seeing the ability of the horse in question, learning as you go with it how much time and money it's going to take to make it marketable at all, and knowing how much time and money you are personally willing to put in to get it to its ultimate level of marketability.

    Comment


    • #3
      Ask Maxxtrot...she is located in FL and is a realible horse dealer.

      Comment

      • Original Poster

        #4
        Originally posted by CBoylen View Post
        You realize that the answer depends entirely on the innate quality of the horse and the quality of the training put into it, plus the added uncontrollable variables of luck and avoidance of disaster or accident. You could end up giving the horse away or selling it for six figures or anywhere in between. Absolutely no way to tell without seeing the ability of the horse in question, learning as you go with it how much time and money it's going to take to make it marketable at all, and knowing how much time and money you are personally willing to put in to get it to its ultimate level of marketability.
        Sure of course. I'm just wondering ballparks.

        Comment


        • #5
          That was the ballpark she's talking about. You can hit a homerun, strike-out, or make a base or two. All based on luck, talent and timing.

          Comment


          • #6
            Really can't answer that. You could have to give away or sell for 100k really depends
            Horses aren't our whole life, but makes our life whole

            Comment

            • Original Poster

              #7
              Originally posted by babecakes View Post
              That was the ballpark she's talking about. You can hit a homerun, strike-out, or make a base or two. All based on luck, talent and timing.
              Well I thought I was giving enough info on the hypothetical situation. I understand that horses can break a leg, not progress well with training, not pin at shows etc etc...

              I'm just asking I guess what can you expect to get usually for a retrained OTTB in the Florida area that is young and can win at 2'9" or 3' H/J shows.

              The answer isn't going to be my bible, I'm just curious.

              Comment


              • #8
                Ok I'll play hypothetically speaking. Great brain good confo sound vets well going good 3ft in locals winning and cleaning house but can't go rated I'd say around 5 to 8k

                Same as above but is now showing rated and winning but can't go higher maybe 10k but if can go higher and is fancy maybe 20 to 30k

                Doing locals as above but winning here and there maybe 2500 to 5000
                Horses aren't our whole life, but makes our life whole

                Comment

                • Original Poster

                  #9
                  Originally posted by rabicon View Post
                  Ok I'll play hypothetically speaking. Great brain good confo sound vets well going good 3ft in locals winning and cleaning house but can't go rated I'd say around 5 to 8k

                  Same as above but is now showing rated and winning but can't go higher maybe 10k but if can go higher and is fancy maybe 20 to 30k

                  Doing locals as above but winning here and there maybe 2500 to 5000
                  Thank you. I know it's a question that would require a crystal ball to answer with certainty. I was just wondering some basics. I looked at sold ads in my area and the prices were all over the places but it was for apples and oranges - hard to compare.

                  Comment


                  • #10
                    One year is too long, you will probably not make a profit if youare boarding.

                    Sell fast,marker the horse under value, so buyers will feel they are getting a deal.

                    Look for an OTTB with something flashy (like lots of chrome), and a good mover. Something that has already had a little downtime is a bonus. Most OTTB`s walk, trot and can canter at least one direction. To make money, you need to move the horse along fast. Jumping small courses with flying changes. Get him out to a show. Then get good video and pictures. This could all be done in a few months with the right horse.

                    In a year, dont forget the extra fees like farrier, vaccines, teeth etc that add up.

                    Comment

                    • Original Poster

                      #11
                      Originally posted by SquishTheBunny View Post
                      One year is too long, you will probably not make a profit if youare boarding.

                      Sell fast,marker the horse under value, so buyers will feel they are getting a deal.

                      Look for an OTTB with something flashy (like lots of chrome), and a good mover. Something that has already had a little downtime is a bonus. Most OTTB`s walk, trot and can canter at least one direction. To make money, you need to move the horse along fast. Jumping small courses with flying changes. Get him out to a show. Then get good video and pictures. This could all be done in a few months with the right horse.

                      In a year, dont forget the extra fees like farrier, vaccines, teeth etc that add up.
                      I want a year because part of this is for me just to have some fun with. Thank you for your input though! I appreciate your advice.

                      Comment

                      Working...
                      X