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Horse Buying- Revealing Budget?

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  • #21
    In the past, if a horse in an ad just screams out to me but is a fair bit over budget, I`ll usually email the owner and be honest about what I think I can actually afford for that particular horse. That may or may not be what I actually have, but what Id be willing to pay for that horse if its what it appears to be in the ad. If they say sure, come take a look, I`ll go look. If the horse isnt what I wanted, or not worth the money to me, oh well. If it is, I offer what I originally said my budget is. They cant pretend to be surprised I usually go with a figure in my head and stick by it. There are plenty of nice horses out there, and I try not to fall in love with them until they`re home with me!
    The best deals Ive gotten are when Im not advertising I`m interested in buying, of course. Suddenly everyone has a cheap, good prospect, that they need to find a home for

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    • #22
      When you call about a horse that is out of your price range, you could say something general like, "Your horse looks very nice, but to be honest the price is a little more than I was planning to spend. Is your price firm?"

      Then, if I were the seller I could say either, "I think I have this horse priced pretty close to what he's worth, he's a really fabulous horse." Or, "Well, I think you should come see him, depending on the situation I might consider a lower offer."
      www.plainfieldfarmky.com

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      • #23
        Originally posted by Sulta View Post


        What has been interesting is a couple of people who were clearly reluctant to talk with me or show me horses without a trainer. I can understand the perspective, especially after reading some of the stories on this board. But, it's also a bit insulting/annoying . Ultimately, if I see one, and like it, and feel it's priced right, I'll buy it, trainer or not. Then live with whatever mistakes I made!
        I hear you there. I have a horse for sale now, who I ended up taking to a trainer to sell, because even though I AM a trainer, I do not have enough of a name or clientele to be taken seriously I guess. I am new to the trainer game. When I buy a horse myself, I just buy a horse.
        We're spending our money on horses and bourbon. The rest we're just wasting.
        www.dleestudio.com

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        • #24
          I think this thread makes it clear that there is no "right way" to go about this. Some sellers will appreciate disclosure of budget and treat you fairly, some will be sharks. Some people get annoyed by asking if the price is negotiable before seeing the horse, some prefer it. Just do what you are comfortable doing. Main thing is, make sure the horse is what YOU want and need and that you pay what it is worth to you.
          2016 RRP Makeover Competitor www.EnviousBid.com

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          • #25
            Another thing to remember is that a lot of people are considering selling on terms right now, and if your dream horse is $15K firm and you have $8K in hand, it's very likely someone would let you put the $8K down and then pay off the rest in reasonable monthly payments. It never hurts to ask! Putting down a large amount like that shows the seller you are serious - why would you default and lose that much? Just make sure the horse is insured and you have a clear written contract between you. I've paid off horses on a number of occasions and never had it "go bad" in any way, but we always had a written contract.

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            • Original Poster

              #26
              Originally posted by VCT View Post
              I think this thread makes it clear that there is no "right way" to go about this. Some sellers will appreciate disclosure of budget and treat you fairly, some will be sharks. Some people get annoyed by asking if the price is negotiable before seeing the horse, some prefer it. Just do what you are comfortable doing. Main thing is, make sure the horse is what YOU want and need and that you pay what it is worth to you.
              Agreed - which is what I expected. As I said, I do alot of negotiations in another industry, and it's pretty much the same situation. You have to judge the person on the other side and act accordingly. You can't give it all away, but you have to say enough to make sure you aren't wasting everyone's time.

              At the end of the day, no matter what the price is....it comes down to what the horse is worth to ME and if I'll feel good when I walk down the barn and see it's face. If so, then I did the right thing . Thanks for all the opinions.

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