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Spinoff: Why would you want to buy a six-figure horse?

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  • Spinoff: Why would you want to buy a six-figure horse?

    First let me apologies for this ignorant (and probably naive) post, and certainly no offense is meant to those who do spend this much money on a horse.

    I am just curious why would you spend that much money if you could buy just as good horse for 50K? (Even that seems like a whole lot of money to me.)

    I guess I just find it so difficult to comprehend since I bought my mare dirt cheap. I just imagine it how easy it would be to buy a $50K horse then donate the other 50K and how many lives that much money could change.

    Also isn't a $100K horse just as likely to hurt themselves as a 5K one is? I am sure you would have insurance on a horse like that but it would still be a lot of money down the hole....

    I am just a broke non-showing-horse-owner and I would just love some insight to this side of the horseworld.
    “It's about the horse and that's it.” - GM

    !! is the new .

  • #2
    You CAN'T usually buy a "just as good" horse for a lesser price.


    • #3
      Ditto Pirateer.
      Most six-figure horses are winners in the show ring at the big shows (WEF, HITS, Hampton Classic, etc.). Six-figure horses have the potential to be/are Grand Prix jumpers, winning equitation horses, junior/regular working hunters, or ponies that can cart the kids around the hunter courses. People who purchase the six-figure mounts are usually looking for something that can carry them around the ring and win.


      • #4
        The six figure horse is a proven winner at highly competitive shows. To find a quality horse that has shown it can win at the 3'6" and tolerate an amateur ride is difficult driving up their value.


        • #5
          what the others said: you're buying the winner or one with the potential to be in the BIG time.
          "are you yawning? You don't ride well enough to yawn...I can yawn, because I ride better than you, Meredith Michael Beerbaum can yawn, you, not so much..." George Morris in Camden, SC


          • #6
            Last time I checked, there was only one blue ribbon per horse show class, and only one tri-color championship ribbon per division. There is only one Horse of the Year award per category. I've seen the horses that win consistently, and they are pretty expensive.
            It's 2017. Do you know where your old horse is?

            www.streamhorsetv.com -- website with horse show livestream listings and links.


            • #7
              Ditto. Similar amounts (or more) are spent on champion halter horses, top dressage horses, etc. - horses that are already proven first place winners at the upper levels of their discipline.


              • #8
                If you are looking for the proven winner that will help you ride to the best of your capabilities, that is the price range you need to have


                • #9
                  I don't know that anyone actually WANTS to buy a 6 figure horse. But if you have certain requirements in quality, experience, training, soundness and talent, each requirement makes the field of acceptable candidates smaller.

                  Add to that a lot of other people who have the same list of requirements, the wherewithal to pay more money, and the scarce supply of qualified horses, and there you are.

                  It's called supply and demand.

                  That said, speculative bubbles and fleeting fashions do drive up prices in any area, and so one should be careful not to be the last one to pay the price of a house for a black tulip bulb before the crash.
                  Ring the bells that still can ring
                  Forget your perfect offering
                  There is a crack in everything
                  That's how the light gets in.


                  • #10
                    To take this down one further, I have horsey friends (in different sets), that can't figure out why I will spend 3K a week for a horseshow, or $250 (every 4 weeks) for a set of shoes when they can go to a show for $50 and have the cowboy slap on a set of steel shoes for $65 (every 12 weeks). I think it's relative, what you are used to and the crowd you run with. If you want to play with the big boys, you need to pay like the big boys. I don't like it but unfortunately, it's the business.
                    Lisa Coletto
                    Standing Elite Hanoverian stallion, Cabalito


                    • #11
                      PLEASE PLEASE PLEASE show me where you would find this 50k horse thats just as good as the 100k one!!!!!!!!!!!!!!!

                      That being said, you put out the money because you either a) want the proven winner and want all the glory that comes along with owning it as well as the knowledge that the horse WILL preform since its track record idicates such (though there are no guarantees with horses) or b) because the horse has the potential to be one of the best, meaning that the horse is either super fancy, super broke, super scopey or just incredible in general.

                      We're looking at 4,5, and 6 year olds that are either very close to the six figure range or IN it. Why? Because these horses have the breeding and the potential to do phenomenaly well in the top rings. No guarantees but if everything goes to plan then it should work out and the horse will be worth much more than what we paid for it.

                      (ps if im not making sense its because I had classes for 9 hours today and my brain has checked out)


                      • #12
                        Be happy that you don't know the difference!

                        If you don't know the difference between a 6 figure horse and a 5k horse you are a very lucky equestrian indeed! Its much better not knowing unless you can afford it.


                        • Original Poster

                          I certainly see where everyone is coming from, it just seems like so much money to me (as a broke teenager). And in this economy I just imagine it a little frivolous unless you were a professional. (again I am very inexperienced in the show world, please don't judge my simple minded opinions)

                          Thanks for all the responses and I am sure there is a big difference in the quality of horses between 50 - 100k. I guess for the average rider like me, who comes from an average non-horsey family it's all just hard to comprehend.
                          “It's about the horse and that's it.” - GM

                          !! is the new .


                          • #14
                            I agree with everything everyone else has said. I would just like to add to the OP: most professionals cannot afford six-figure horses, it's the clients that buy them. Also, people don't buy six-figure horses unless they have that money to spend. There are people that do just fine in any economy. Finally, most of the people that buy six figure horses donate more than 50k to charities for the same reasons they buy six figure horses -- they can.


                            • #15
                              Don't we all wish that a $10k horse could truly triumph in the big eq or the 3'6" hunters against the six figure horses. Unfortunately, life is not one big cliche and the six figure horses are the ones who win 97% of the time.
                              Smileys, the internet's botox


                              • #16
                                Originally posted by *JumpIt* View Post
                                I certainly see where everyone is coming from, it just seems like so much money to me (as a broke teenager). And in this economy I just imagine it a little frivolous unless you were a professional.
                                Same here. However, my mom always told that horseback riding was a hobby and was never, ever going to be a career choice for me. When I am jealous of the girls who do get the six figure horses, she tells me to do well in school, get a nice paying job, and buy my own six figure horse. Plus, you know what, if you can spend that much money a fragile animal then all the power to you.
                                Smileys, the internet's botox


                                • #17
                                  Why it cost so much... and let's admit it

                                  Six figures is a lot of money for an animal who is meant for sport and who can colic and die just as soon as a single digit horse.

                                  Know that most horses are money-losing propositions, so it may be that everyone who had a hand in making a great finished show horse had their hand out. And they had to make up for the many they bred/trained/fed that didn't pay their way. A bit of a jackpot mentality, I suppose, aided and abetted by wealthy competitive people.

                                  I estimate that the basic cost for my horse (board on one of the coasts, shoes, preventative vet care, no training, no shows) will amount to a 250K over the course of his lifetime. Double that (at least!) for the life of a horse on the circuit.

                                  But for all the posters in this thread who explain why expensive horses are expensive and why they are better than less expensive ones... where were you in the other ammy-centric threads where so many argued that anyone with a dream, and eye and some effort could get into the big leagues? Apparently not true! Let's call a spade a spade, but do it consistently.
                                  The armchair saddler
                                  Politically Pro-Cat


                                  • #18
                                    I've ridden a six figure horse and I actually preferred the 15k horse, but I don't like push button rides. The 15k horse kept me on my toes, the six figure horse let me sit back and make an adjustment here or there.
                                    To be loved by a horse, or by any animal, should fill us with awe-
                                    for we have not deserved it.
                                    Marion Garretty


                                    • #19
                                      Originally posted by *JumpIt* View Post
                                      I certainly see where everyone is coming from, it just seems like so much money to me (as a broke teenager). And in this economy I just imagine it a little frivolous unless you were a professional. (again I am very inexperienced in the show world, please don't judge my simple minded opinions)

                                      Thanks for all the responses and I am sure there is a big difference in the quality of horses between 50 - 100k. I guess for the average rider like me, who comes from an average non-horsey family it's all just hard to comprehend.
                                      it's all relative. I know people in my income bracket who live in houses that cost 3X what mine costs. I like my house, it suits my needs, and I don't want too much more house than I have (and I could get by with less house). But I don't begrudge someone in my income bracket and similar circumstances buying more house. More power too them, if that is what makes them happy. I'd rather spend that money on something else - that's what makes me happy.

                                      I don't get buying MORE house than you can afford, now that's a mystery. And if you find a great bargain on a house, more power to you, but buyer beware! There's probably a reason why it's a bargain.

                                      Now remove the "u" from the above discussed noun and replace it with an "r" and now you understand why some people buy some horses. Because they can afford it and it pleases them. But just because I can't afford (or want) a 7000 square foot mcmillion mcdollar mcmansion, doesn't mean its an unreasonable option for another person.
                                      Your crazy is showing. You might want to tuck that back in.


                                      • #20
                                        The best part was when they said, "I just imagine it how easy it would be to buy a $50K horse then donate the other 50K and how many lives that much money could change."

                                        -Catherine Cullen