You can see my post above from over a year ago about university bred and started horses. But, even they have become much more expensive.
I have one horse, who fully retired last year, and am currently riding a 16 year old. I like to keep 2 riding horses, to avoid not having something to ride if there is an issue, and have been in the market for awhile after having a purchase not work out.
The horse that did not work out was purchased on the recommendation of a trainer I had a 20 year relationship with. The horse did not have the experience I was told it had, which resulted in a major wreck, as in being life flighted out with serious injuries.
In the meantime, prices skyrocketed everywhere. No matter where you look- online, though a trainer, through a university, auctions- prices went nuts!
I started watching online ads, and decided my solution was a young horse. I have the space and wherewithal to keep them, and let them mature.
So that is what I did. Found a 2 year old, coming 3, who was basically unhandled. I had to teach him to even lead. He has good conformation, was going to be the right height and build for my discipline, and best of all was only $1000.
Bought him in February 2021, did all his vet work and farrier work, let him sit and grow until this March when he went to my very trusted trainer at $900 per month for 3 months.
I am absolutely in love with this horse’s attitude, the way he learns and his willingness to work. He has been excellent for the trainer, and I have had offers from people to buy him who have seen him at the trainer’s.
So except for the “carrying” costs of vet, farrier, feed, hay and incidentals, I am only into this horse for $3700. I could sell him tomorrow for 3-4 times that all day long.
I like this horse so much, I went to the owner’s of his father in March, and bought a yearling half brother. I saw an ad for the stallion, saying his babies were born broke and that darn quiet. Baby #2 has proven that.
Again, another $1000 horse. I will end up feeding and maintaining this one an extra year, but at least I know what I have. I know how they have been handled, how they react to things, and what has been done with them.
No regrets about either!