Buying a new horse - prices??

[hallarider]

I am currently looking for a new horse and would like to have some advice on horse prices!!

I may be a little out of date on how much I expect to pay for a horse!

I am looking for around 16.3hh pref Irish sport horse. I have seen a really nice one. Hes 5 and has been backed for a year now. Pops a small fence and rides in a outline so the basics are there. He has a very quiet temperament and confirmation is good enough for hunter classes which I want to do. They are asking £6500. Now i think this is quite a lot of money for a horse that hasn't done anything comp wise but maybe I am out of touch?

[TinselRider]

Personally I would be willing to pay around £5.5k for a horse like that if it had NO competition experience.

[hallarider]

I thought that would be more reasonable, around the £5k mark. Its never seen the show ring before.

[Cash]

Does he have competition lines? Has he been bred specifically for something eg eventing?

[ellieplatt]

i think theyre asking far to much, but has he got good competition blood lines? shop around? or offer them say e.g £4000, and slowly work ur way up? untill they acept a price tht suits you? hope this helps =]

[rooooosie]

probably lookin at 5-6k would be concerned much cheaper

[hallarider]

No competition lines. Oh well, worth a look and if I like will make an offer.

Thanks for all you help.