Why is it that thoroughbreds tend to have lower prices?
I'm just curious on this one.
So I have noticed that any horse that is a type of warmblood of some kind or a sport horse is automatically priced higher (regardless of training/temperament) even if it is older and is not yet broke. It seems that if they are one of those breeds, they are automatically priced 2k or more higher than a thoroughbred of the same temperament/training.
Then I look at TBs and they are so much cheaper even if they had many more years of training and have been showed, well mannered ect.
Why is this????
thanks!
Supply and demand.. After the track, if they aren't good for jumping, they just aren't worth much..
My guess: they are generally VERY hard keepers. Plus, they are one of the most common breeds in the US.
Because there are more homeless TBs than just about any other breed in the country. They get them for free, train them, and sell them cheap. Warmbloods/sport horses are generally the product of more selective breeding, whereas you can find people churning out TBs on every street corner trying to produce the next big race winner.
Two forces set the price of any commodity - supply and demand. TB's are more common, which is an increase in supply. That makes the price go down.
It's mostly because most all TB's have raced when they were younger. Most people don't want ex-racehorses, because they were all used up is alot of people's theorys. They think since they were used so much and had to put so much effort into racing, they don't have as much 'life'. And a lot of exracehorses have an abusive past, so they are flinchy and spooky. Another reason is because a lot of racehorses can be very hyper and don't like to listen, and might even need to be retrained because they were only worked on racing. And they were worked HARD. But you can find very nice TB's sometimes, you just have to keep an eye out. I don't have anything against them, they are one of my favorite breeds. pets question and answers,www.5d2d.com
Hope i helped:)
Because they're very common. Think about of it. When you search for hunter/jumpers, a lot of thoroughbreds tend to come up. Supply and demand ;)
There are a zillion TBs available because many don't make it to the track and many that do make it end up retiring early because they didn't do so well.
Same with QHs. There are a ton of junky QHs floating around. $2000 is NOTHING, btw.
There's no shortage of them for a start, they're a very common breed.
If they're ex race horses and haven't proven to have much potential or have an underlying injury then they aren't going to be worth much anyway.
Also when the market was good a number of horses were bred but since the downturn it now leaves people with a large amount of unwanted young-stock.
The "market" is flooded with lots of horses, not just TB's but more TB's than other breeds due to the racing industry. A lot of thrown away horses out there. Horses are expensive to care for and feed so it is easier to give them away than to take care of them.
a large reason that this is the case is because the Europeans developed warmbloods and do well at high level shows so smaller trainers want them because they say it is the horse and so on so most people want warmbloods because they are warmbloods where as there are not many thoroughbreds at high levels and they are more American of a breed so less people want them so you have the wonderful warmbloods compared to the American thoroughbreds that have a bad reputation as being hard keepers where in actuality warmbloods eat just as much if not more
As others have stated, supply and demand has much to do with this phenomenon. But what people are ignoring is the matter of quality. The European warmbloods have been specifically bred for many generation to be dressage and jumping horses. The Thoroughbreds were bred for racing, not to become riding horses. Few were specifically bred for dressage or jumping. The things that make a good racehorse do not necessarily make a good dressage or jumping horse. The warmblood breed registries have quality control too. They require the young horses to be inspected, and stallion prospects must face a particularly grueling inspection process. Mediocre stallions are not approved, so only exceptional horses go on to sire offspring. With Thoroughbreds, you can just breed any old TB without any sort of quality inspection.