Negociating a price when trying to buy?

CMP

CMP

Active Member
Jan 15, 2010
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At what point would you negociate price when buying a horse?

I am struggling to find anything suitable but there are a few that I have been put off calling about because of the price.
So... without wanting to waste anybodys time, when do you ask?

Obviously, you don't want to ask straight away but I would also not want to go and try out the horse and then ask... I would hate to waste anybodys time.

What do you think?
 
To be honest, I would ask if open to offers when phoning initially. If people are put out by you asking then good luck to them selling! Some horses are well overpriced, especially down here. You won't waste peoples time if you make it clear from the start. Obviously I don't mean if you're looking at 7k horses when you have 1k but you get my drift?

Just be honest and explain that horse is a little out of your price range but it seems to ring your bell on paper. Some people are open to offers. You don't know how long the horse has been on the market for.

I looked at one that was originally priced at £4,500 and they'd reduced to £2,500. He was a bargain to be honest but the seller wanted to sell. Sometimes an advert may be "new" on Horsemart or whatever but they've been advertised elsewhere for ages before. I discovered this when googling!

Out of interest, how much are you looking to spend? What are you after? Sorry if you've already done a thread about it! Apologies, it's a bit rude asking!

It's a minefield this horse searching lark!:wink:
 
I negotiated some money (not much) off when buying Frankie following his vetting when it seemed that he might need a tooth out at some point.
 
Jeez I'm feeling a bit guilty now and am wondering if I should discuss the price of a horse I'm viewing for the second time next week. It was only after the first visit I did some price checking on the web and looks like the price asked (altho is an o.n.o price) is about double what similar horses of that age, breed, background, experience etc are priced at. Maybe I should be bringing this up before I go for my second visit.........or maybe I should wait til I know I definately will want to buy....but before the vetting stage. You've got me wondering now if I'm a timewaster:banghead:

I would def alter an offer made verbally if something then cropped up in the vetting.
 
Kay2 said:
Jeez I'm feeling a bit guilty now and am wondering if I should discuss the price of a horse I'm viewing for the second time next week. It was only after the first visit I did some price checking on the web and looks like the price asked (altho is an o.n.o price) is about double what similar horses of that age, breed, background, experience etc are priced at. Maybe I should be bringing this up before I go for my second visit.........or maybe I should wait til I know I definately will want to buy....but before the vetting stage. You've got me wondering now if I'm a timewaster:banghead:

I would def alter an offer made verbally if something then cropped up in the vetting.
Click to expand...

"ono" then I wouldn't worry. They can't moan about an offer.

Have you looked at the others that are half the price? They may not be the same! Also, it depends HUGELY on the area. If you feel the one you're second viewing is worth it to you in that you can't walk away then he is worth that money.

I don't like the term "time waster" it's such a huge commitment. It's not wasting time it's making bloomin' sure it's the right purchase or not!
 
Yeah you're right. For me it is a lifetime commitment. And I've had such disasters over the years trying to find the right horse (I'm amazed I'm still willing to try yet another time to be honest!) and so Im determined to take my time and visit a "possible horse" as many times as I feel I need to.


Yeah your right, I guess o.n.o. gives me some leeway and I know what you mean that if the horse is one I really take to and am loathe to walk away from then yes...they are worth that price I guess. Just don't want to be paying £2k over the "going" rate cause I will feel I've been a total mug!!

Apologies for hi-jacking thread but at least its kinda on topic:smug::tongue:

P.s. lovely stunning grey in your pic:bounce:
 
I personally wouldn't look at a horse unless I intended offering near (not more than 10% off) the asking price. If I really liked a horse and it seemed way over priced or over my budget I would make it clear to the seller as soon as the issue arose, I think they can then decide whether or not to proceed to let me try it.

However I am an experienced buyer (rubbish seller!!) and usually look at horse being run up/tacked up, watch owner, have brief ride and decide. Quite a few we have left after step 1, one memorably after step 2 (before owner required air ambulance!). I would negotiate price before vetting (no point in vetting if you can't agree on price) but expect to renegotiate if the vetting showed up anything adverse.
 
I will PM you!!

LauraGeeGee said:
To be honest, I would ask if open to offers when phoning initially. If people are put out by you asking then good luck to them selling! Some horses are well overpriced, especially down here. You won't waste peoples time if you make it clear from the start. Obviously I don't mean if you're looking at 7k horses when you have 1k but you get my drift?

Just be honest and explain that horse is a little out of your price range but it seems to ring your bell on paper. Some people are open to offers. You don't know how long the horse has been on the market for.

I looked at one that was originally priced at £4,500 and they'd reduced to £2,500. He was a bargain to be honest but the seller wanted to sell. Sometimes an advert may be "new" on Horsemart or whatever but they've been advertised elsewhere for ages before. I discovered this when googling!

Out of interest, how much are you looking to spend? What are you after? Sorry if you've already done a thread about it! Apologies, it's a bit rude asking!

It's a minefield this horse searching lark!:wink:
Click to expand...
 
Its also perfectly acceptable to lower an offer considerably if the horse is not as advertised but you still like it.

As an example I was helping some friends look for a pony for their daughter. They were looking for a 14.2 which she could compete. She was a tiny little thing and after 2 minutes on one of mine it was obvious that she would not have coped as they grossly overestimated her riding ability.

After months looking at 14.2 competition ponies (I was really fed up of going with them) we went to see one, advertised as 14.2 pony clubber. It was completely misdescribed, 13.1 ploddy novice pony but the kid absolutely loved it.

I offered them under half what they were asking and they took it :wink::bounce:

It was a fabulous partnership too
 
When we looked at OH's horse we offered quite a bit lower than the asking price (we were new to horse buying and did not realise that it was cheeky!!!). Didn't make much difference mind, we still ended up paying nearly full asking price! lol, we just knew he was the right one..........!!!!
I think if I were to go looking now, I'd probably ask if it were open to negotiation right from the start, but as others have said on this thread, I wouldn't make ridiculous offers that were too low, and wouldn't look at something that I'd nowhere near the asking price.
 
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