- #Import horses starters orders 6 full
- #Import horses starters orders 6 pro
- #Import horses starters orders 6 plus
When people buy an expensive horse, they are buying a dream. If you are coming at this from a number-crunching position, you need to take into account that horses are unique, luxury purchases that damage very quickly, and are purchased for a host of emotional reasons. If not, then you are probably not going to make back your money on any quality youngster, let alone an import with added fees, unless you have a very good trainer who does all the work. How do you think you are going to add value to the horse? It won’t increase in value just by flying to the US and living here for a few years.Īre you currently schooling and showing at a level that has allowed you to improve horses, win consistent ribbons, and sell on for more than you paid? If so, you might have a chance. You might make a 30k horse a 15k horse or a giveaway. Is it possible to take a 30k horse and make a 60k horse? Of course it is. IMO you are way too focused on the numbers. So I guess what I’m asking is can you take a 30K horse and sell him for 60k? Is that a possibility or is the margin more like 30 to 45? I will always own a horse and show, so those costs do not matter in valuing this project.Īnd really at the end of the day if I like the horse and decide to keep it, that’s the cherry on top. I also do not have a “sell by” date if you will. That to me seems crazy, and only for those who like to say they own GP horses. For instance, I’m not going to import a GP horse and just pay someone to ride it all the time. The idea here is to always be able to enjoy whatever I purchase. I am lucky being in NJ, we have top notch shows that we can go to a day at a time. We do not go to week long shows every month, so I don’t think the showing would amount to 24K a year. Mac123 - I like the idea of ponies, there always seems to be a need for them as well and I can certainly show ponies myself or have my trainer do so.
The program my horse is currently in is applicable based on how it is structured. Again, I am not factoring in board and training as these are fixed costs for me whether I import for a flip sale or buy something finished.
#Import horses starters orders 6 plus
My initial thought was 30K for the purchase of the horse, plus expenses.
#Import horses starters orders 6 full
The money used for this investment is of course not needed for living off of, and this is not intended to become a full time import business. Thanks for your input! To provide some context, I work in finance and have studied project analysis, so in order for me to continue said analysis I was hoping for the buy/sell numbers. All those costs are part of the equation. I’d have over $60k to spend on something now. Now true, I theoretically would have $40k to spend on the next horse instead of the $20k I bought her for.īut let’s say I saved that $20k I spent on her, and saved all that money I spent on her over the last 6 years. Just because you spend amounts slowly over the course of the year doesn’t mean that they aren’t part of your investment or cost of owning the horse. Note these are all quick estimates and don’t include showing.Īll the sudden, that $20,000 profit it looks like I made doesn’t look so good, does it? (thank God she’s never been really hurt).
#Import horses starters orders 6 pro
I’m going to estimate that at somewhere around $30k in board (which is low, because most of the time I just paid her costs when I was a pro and now that she’s at home with me), $5,200 in farriery, $6,600 in insurance, and I’m sure several thousand more in equipment, vet, etc. I may have $40k to spend on my next horse…īut I have the last 6 years worth of board, farriery, showing, insurance, vet costs that I invested into the mare. You’d say I doubled my money, right? Made money? Now let’s say I could sell her for $40k tomorrow (I’m just pulling a number out here for the sake of an example). Then life happened…I was out of commission with an injury for a year, had a falling out with my business partner and got out of the horse business, the mare ended up being way difficult and has taken a long time to unravel, I moved, got married…you know, life. Nice enough mare, was supposed to be an investment/project horse. A quick example to make clear why you have to change your way of thinking if you’re wanting this to be an investment.
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