Horse Price Guide: Get the Skinny on Horse Prices
08/1/2007
 |
If you’ve ever asked the question, “How much is my horse worth?” you’re not alone. In the large and frequently changing online horse sales market, it’s hard to know what the right price is for a specific horse – and unfortunately, there are no easy answers.
In fact, listings can range from free horses to steeds costing upwards of $100,000 – and sometimes far more for an elite show or race horse. However, most recreational riders can find a good-natured, healthy trail horse for less than $5,000.
So how do you know how much to sell your horse for or how much you’ll need to spend? Whether you’re trying to sell or buy horses online, let us show you the top factors that determine horse prices:
Age. The prime age for a horse is considered between seven and 14 years old. Horses much older than this are typically worth less, though the price will still depend on the horse’s condition and breeding. Plus, many horses are capable of doing hard work well into their twenties, so don’t rule out an older horse.
|
Breeding. Blood lines play a large role in horse prices. If your horse was born of a famed stallion, it could be worth significantly more than its breed and training would otherwise indicate.
Training. If you plan to show your horse or want it to be trained in a specific discipline, expect it to cost more for each area in which it’s trained.
Health problems and defects. Although you’ll want to be cautious when purchasing a horse with known health issues or injuries, a horse with minor problems may still be perfectly suitable for trail riding and recreational use – and come at a significantly reduced price.
Competition Experience. Expect horse prices to rise for any equine that’s a proven winner.
Reason for sale. If an owner is in a hurry to sell – often due to life or family changes like moving, pregnancy or divorce – you can expect lower horse prices or more bargaining room. However, sellers who don’t mind waiting for the right buyer are likely to have a firm price.
Finally, remember that no matter how much you spend on a horse, chances are, you’ll get what you pay for. So do your share of research before you buy, and know in advance what type of horse prices you can expect to get the steed you need, so you won’t be asking yourself, “How much is my horse worth?” after the fact. Following the tips in this horse price guide will not only keep you from making a poor decision, but will also prevent you from falling in love with the wrong horse.
Ready to get started? Visit Equine.com and find your dream horse or place a horse classified ad today.
|
|
|