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.