I was in a similar situation to you a few years back. I was part way through college and my heart horse tragically died. I had purchased her off the track for literally a couple thousand dollars and didn’t bother to insure her because I didn’t have a whole lot in her besides my time. She turned out to be quite a nice eq horse. The thought of insuring her never really crossed my mind (now I wish it had).
When we had her put down, I was really in no position to spend much over 15K on a horse. I knew this was going to be my one opportunity to own a nice horse, so I devised a plan to look young, very young. I was initially planning to look for a 2 or 3 year old. My trainer was not completely on board with this. Her reasoning was that I would get bored with waiting for a young horse to be show ready.
Having a young, green horse was really a better option for me at this point. I have ridden for over 25 years, so it wasn’t an experience issue. Again, I was still in college (and paying for it), so owning a show ready horse was not financially feasable at this point. I could pay my horse expenses, but there wouldn’t be much left over to show with. I also wanted something that had the potential to be very nice, and not have a rap sheet of human inflicted problems, mentally or physically. The only way I could afford a horse like this was to buy young.
My trainer (who wasn’t a whole lot older than me, and definitely not BNT) REFUSED to help me. She wouldn’t come out and say it directly to me, but it was because she wanted all of her clients in the show ring, not working with or waiting for a young horse to grow up. She actually told another client that she wouldn’t horse shop with me because I wasn’t looking at an expensive enough horse that would warrant a high enough commission for her to waste her time.
So, there I was, horse shopping sans trainer. In the end, I ended up with exactly what I wanted. (Okay, maybe a lot younger than I had planned, but wouldn’t trade her for the world now). I didn’t find anything in the 2-3 yo range that I really fell in love with. I purchased a yearling filly, out of a field, in a state 7 hours away. The time it took her to grow up and be ridable was the time I needed to finish college and get established in a career before she came home. (I actually left her with the breeder until she turned 3.)
I now ride with a different trainer (previous trainer exited the horse industry a year or so ago due to alck of business), and I have thoroughly enjoyed working with my now 3 year old (she will be 4 in April), and watching her grow up.
I looked at A LOT of crap, and I looked at some really cool horses too. Looking back, it was a great experience that really helped to increase my confidence in my abilities of looking at young horses. Whatever you do, make sure you do your homework. Research the people you purchase from. Ask for references. I am so happy I did not skip this step. The seller I purchased from sells everything from young horses to six-figure imports read to show grand prix. They were extremely accepting of the fact that I was horse hunting without a trainer. They never questioned it once.
As was said earlier, my horse, my money, and I think I should add to that, my time. Take a friend with you, and make sure you take lots of videos and pictures that you can reflect upon before you make a final decision.
If you don’t have confidence in your horse hunting abilities, you will find horse hunting on your own to be a daunting task.
Best of luck!!! Happy horse hunting!