It really depends. I just spoke about this matter with a friend who trades horses in Belgium, mostly retraining the ones with behavioural problems but lots of scope and great papers (GP prospects). He buys them for lowish 5 figs with hope they have the scope to make it all the way to GP then sells them at 130-150 level while they are still on the move up for low 6 figs typically a year or two later after issues are resolved. If he’s lucky and the horse really comes around it’s only a few months of work.
He saw one of mine that I got here for mid 4 figs here, a small but pretty cribber, half warmblood (good lines) with an OK jump and good attitude, he said never in a million years I could get anything like that even unbacked in Belgium for that kind of money.
He said an American kind of ride is expensive even if the horse is not very scopey. A good winning 110-120 jumper can easily go for mid-high 5 figs euros. Also worth noting that what’s a winning horse in US won’t be a winning horse in Europe where you have 200+ entries for a 120 course. If you just want something straightforward that can jump clear that’s not gonna be so expensive. But if you want the creme de la creme… pay up. The art is knowing where the cutoff is for your local market and own needs.
And really nice youngsters with scope seemingly to go all the way to the top and who are not in any way challenging (clean vet bill) and easy to handle can also creep up to high 5s, low sixes.
The price gets knocked down with blemishes on x-rays, worse rideability and limitations in scope/technique. But if the brain is the there and the scope is still a solid 130-140 horse it’s gonna be expensive.
He said the best value for money right now if you’re just looking for a horse to cruise around the 120-130 are the horses that are 10-12 tapped out at 130-140, with less than perfect x-rays and maybe a bit of a quirky ride. Those don’t move nearly as fast as they would’ve when they were 6 and “with potential” and that’s reflected in pricing.
He also said for the American buyer going to EE might be a good idea because while you wouldn’t want to trust the x-rays most of the exported horses never make it really past 1.10 anyways so you get a pretty horse for a bit of a discount. But he’d never buy a non Zangersheide or BWP or one of the German studbooks horses for resale as the local market in Belgium would be highly suspicious and that would again warrant a discount.