Tag Archives: horse ownership

How do you determine the price of a horse?

What someone will pay is what a horse is worth

What someone will pay is what a horse is worth

Question: I am in love with this QH palomino mare, but she is unregistered with no ability to get papers. I would still purchase her, but her owner, who is a beginner rider, says she has pro training on her, and that she wants to get the money back from that. Her price is $2600. What determines the price of a horse? In this economy, I can find a registered horse for less than that, with similar training. The owner wants her costs back from the horse. Is this reasonable?

Answer from April Reeves: The price of a horse is whatever someone will pay. Nothing else comes into the equation. I have seen $120,000 horses sold for $5000 and less during hard times. In the past I watched certain Arabian breeders fall when no one bought into their expensive program anymore. If no one buys into your program, you don’t have one.

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What are ALL the costs of owning a horse?

I'm Expensive!

I'm Expensive!

Answer From April Reeves: Owning a horse takes on a whole new set of responsibilities that leasing and lessons did not have.

I find that this is the most overlooked part of horse ownership, and I see it daily in the horse world. Horses can be expensive, even when they live with you as opposed to being boarded out. They are living, breathing creatures whose very lives are completely dependent upon YOU for survival. I cannot state this enough, especially having gone through years of watching people get them and dispose of them when no longer needed or wanted.

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