I know there was a recent thread talking about disbelief in horse prices, and I am here to express that but also to ask for some advice. I just lost my heart horse and am heart broken about it – this is the horse that raised me and taught me basically everything. However, despite this fresh wound, we have another horse who is now alone so I am on the hunt for his new buddy.
When we bought that first horse some ten odd years ago, she was $1500. She hadn’t been used in several months, but came papered and was so good minded and tried so hard that her sitting had no impact and she was a really great horse. Even when we bought our gelding in 2017, we only paid $5000 for a young hunter packer, and that was only to end a bidding war since we offered below asking price initially.
Now I feel like there are grade trail horses aged 16+ going anywhere from $3500 to $10000 in the Midwest. And these aren’t even well made go anywhere do anything dead heads; rather, it seems like as long as the horse doesn’t constantly try to buck you off, it automatically gets a $4k price tag. Have I just been out of the horse buying game for too long and this is the way the world is going now? I’ve heard whisperings that hay prices will go up and force it into more of a buyer’s market as the winter progresses, but I really haven’t heard much personally.
I know this might be as easy as predicting the changes of the stock market, but should I look for a temporary companion for my guy and wait for those winter prices to get a forever partner or should I start thinking about pulling the trigger on some more expensive horses?