Author Topic: HOW OLD IS TOO OLD TO BUY A USED HORSE?  (Read 13238 times)

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Calhoun

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HOW OLD IS TOO OLD TO BUY A USED HORSE?
« on: June 20, 2018, 10:51:40 AM »
Anecdotally, it seems that few horses keep their form/class at age 8 or up.

So, either assuming the assumption correct or adjusting age, once you calculate ex-age, ex-residual value value par (however you choose to do so), what discount to par do you demand per year?

10%?
25%?

Alternatively, is there an age where, irregardless of to-date success, you just say no and move on?


Fatboy

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #1 on: June 20, 2018, 10:53:21 AM »
Depends on work/enviroment anticipated moving forward.. Many horses in various events are best at 12-14yrs old.

Calhoun

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #2 on: June 20, 2018, 10:59:12 AM »
Depends on work/enviroment anticipated moving forward.. Many horses in various events are best at 12-14yrs old.
Let's exclude Milk Wagons and Miniature Horse Pageants.

Fatboy

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #3 on: June 20, 2018, 11:04:56 AM »
Let's exclude Milk Wagons and Miniature Horse Pageants.

Can we include cross country events?

Calhoun

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #4 on: June 20, 2018, 11:11:57 AM »
Can we include cross country events?
No.  Also no Ponderosa/Hoss applications.

Parked

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #5 on: June 20, 2018, 11:14:22 AM »
Your age or the age of horse

oh canada

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #6 on: June 20, 2018, 12:43:36 PM »
No older then 6yold tmbz1
Come with me to the "Darkside",its a matter of life or death!!

Calhoun

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #7 on: June 20, 2018, 12:49:13 PM »
I wouldn't go any older than 6 myself.


Squared racing

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #8 on: June 20, 2018, 07:31:33 PM »
Owned a couple back 2014 a trotter ( Faster N Funk ) and ( Riley Bow ) a pacer that set their life time marks at 8.
Had one in 2016 set his  as 9yr old. ( Sterling Chris )    tmbz1 tmbz1 tmbz1

Fatboy

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #9 on: June 20, 2018, 08:57:47 PM »
If your looking for a solid investment, why are you on this forum?

GOOD ADVICE JUST DOESN'T COME THIS CHEAP

Calhoun

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #10 on: June 20, 2018, 09:00:57 PM »
If your looking for a solid investment, why are you on this forum?
I've been approached by a couple major owners to work as a rcing manager and I'm just kicking the idea around.

Fatboy

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #11 on: June 20, 2018, 09:10:11 PM »
I've been approached by a couple major owners to work as a rcing manager and I'm just kicking the idea around.

YOU'VE COME TO THE RIGHT PLACE

HHTremor

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #12 on: June 20, 2018, 11:40:49 PM »
With the purses as high as they are you can claim one, and if you do well, you can get your money back in a couple of months. I think 8-10 years old is about as high as I would go.




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slivercharm

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #13 on: June 21, 2018, 12:14:34 AM »
I've been approached by a couple major owners to work as a rcing manager and I'm just kicking the idea around.

PM me for your rates one of the most knowledgeable on the site don't wanna burn my inheritance in bad buys or with shady trainers
gonna start a syndicate betting balmoral, who wants to invest?

Sam R

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Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
« Reply #14 on: June 21, 2018, 09:45:54 AM »
I claimed Coerfurst at 9 and he made over $100,000 3 years in a row. Claimed Elvis T at 7 had him till he was 11 and he made over $200,000. I bought Rival Guy A. at 9 and he won almost 40 races in 3+ years.

 

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