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General Category => Harness Racing => Topic started by: Calhoun on June 20, 2018, 10:51:40 AM

Title: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun 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?

Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy 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.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun 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.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy on June 20, 2018, 11:04:56 AM
Let's exclude Milk Wagons and Miniature Horse Pageants.

Can we include cross country events?
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun on June 20, 2018, 11:11:57 AM
Can we include cross country events?
No.  Also no Ponderosa/Hoss applications.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Parked on June 20, 2018, 11:14:22 AM
Your age or the age of horse
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: oh canada on June 20, 2018, 12:43:36 PM
No older then 6yold tmbz1
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun on June 20, 2018, 12:49:13 PM
I wouldn't go any older than 6 myself.

Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Squared racing 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
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy 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
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun 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.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy 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
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: HHTremor 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.




_________________ _________________ _________________ _________________ _____
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: slivercharm 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
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Sam R 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.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Inside The Pylons on June 21, 2018, 10:11:49 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.

And you bought zero older horses that you ate?
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: The Exporter on June 21, 2018, 11:03:09 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.
Those were the days, Sam. We all know why today is much different. Back then, most of the New Zealand and Ausie imports did not come here until 7- 8 or older. There were many trotters that did not race at 2 or even 3 yrs. old. But did go on from 4 yrs. old with fresh feet and joints. Today's speed and therapies destroy any chance at longevity.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy on June 21, 2018, 11:28:36 AM
Those were the days, Sam. We all know why today is much different. Back then, most of the New Zealand and Ausie imports did not come here until 7- 8 or older. There were many trotters that did not race at 2 or even 3 yrs. old. But did go on from 4 yrs. old with fresh feet and joints. Today's speed and therapies destroy any chance at longevity.

LETS NOT MENTION ALL THE EARLY MONEY THEY PUT UP TO RACE PHYSICALLY IMMATURE SPEED BRED HORSES
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: horses first on June 21, 2018, 01:04:06 PM
Exporter is right and the only one that makes sense on buying older horses. If you have a older horse that may have a form cycle and not just back class. It's probably because the horse didn't race at 2 or 3. Either not physically ready or due to injury. Probably had the right owners that just didn't Amish or junk the horse for 1,000-1,500. Horses aren't built like there where decades ago and are built for speed. They have to reach max potential at 2 and then 3. The goods ones go to the breeding shed, others to the opens, a few stay grand circuit and the rest go up and down the claiming ladder. If I'm looking to buy some solid claimer that are 8-10 years old. Probably looking for one's that didn't race early in their career.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: spaheaven on June 21, 2018, 02:31:32 PM
The proper discount to par has always been 14.26543984%.  Everyone knows that moron.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Calhoun on June 21, 2018, 03:18:40 PM
The proper discount to par has always been 14.26543984%.  Everyone knows that moron.
ngc3 ngc3 ngc3
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: The Exporter on June 21, 2018, 03:49:38 PM
Thanks for the kind words, Horses First. One other pattern I often see in older horse who race well into their later years, many are off modest breeding. I would imagine being a bit common in pedigree, there is less expected of them at 2 and 3 year olds.
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: kantseeback on June 21, 2018, 06:02:50 PM
Use your eyes,
too old

(http://4.bp.blogspot.com/_SGy6jIXdDDw/RxNE4fNFg8I/AAAAAAAAAIg/Z8YoqKzbPxE/s320/Els20Aug05.jpg)
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: slivercharm on June 21, 2018, 06:24:04 PM
Use your eyes,
too old

(http://4.bp.blogspot.com/_SGy6jIXdDDw/RxNE4fNFg8I/AAAAAAAAAIg/Z8YoqKzbPxE/s320/Els20Aug05.jpg)

Good form, hocks looks good, stands straight. Looks healthy how much?
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Fatboy on June 21, 2018, 06:35:50 PM
Good form, hocks looks good, stands straight. Looks healthy how much?


ID GO ON WITH HIM
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: Sam R on June 22, 2018, 09:52:12 AM
And you bought zero older horses that you ate?
Western Ho, B Merrys Bandit, Feree Hanover, Mystery Fund
Title: Re: HOW OLD IS TOO OLD TO BUY A USED HORSE?
Post by: quitpullinmychain on June 22, 2018, 01:09:22 PM
Dec. of their 14th year.
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