Last Updated on January 26, 2021 by admin
Unfortunately, putting a value on a horse trailer isn’t quite as cut and dry as determining a vehicle’s value. When selling a trailer, the first question horse owners ask is, “How much is my horse trailer worth?” It becomes a more difficult task if the horse trailer was purchased used from a private party. Although there are tools available to assist in creating a valuation, a little research can greatly assist you in determining your horse trailer’s worth.
How Much Is My Horse Trailer Worth? Buying or Selling a Used Horse TrailerHow Much Is My Horse Trailer Worth?How Much Is My Horse Trailer Worth?
The location of the horse trailer being sold plays a role for two primary reasons: popularity and average pricing for the zip code. Although aluminum horse trailers are becoming an increasingly popular choice, steel trailers are still popular in many areas such as the southwest. In a high-end equestrian-dense community, a straight-load bumper pull would be more difficult to sell than if it were located in a small rural community. Regional availability will also impact trailer prices.
The most important aspect buyers are looking for will be hauling-readiness. All other aspects aside- a horse trailer has a purpose, and it is to transport animals from Point A to Point B. Anything that affects a trailer’s “readiness” will drastically decrease the value. This would be immediate work for the new owner, and worse if the trailer has to be repaired prior to removing it from its current location.
Flooring and Tires
Flooring and tires are two major functionality points of a horse trailer. Although flooring is typically not a problem in an all-metal aluminum trailer, wood-floor steel trailers can need work. Wood floors might not be a resale “problem”, but are typically less desirable. Worn tires are also problematic, as purchasing all new quality ST tires isn’t cheap!
“Appearance is everything.” Okay, while appearances aren’t everything, they certainly count in resale. This is a particular problem in classic steel trailers with rust. Although cleanliness won’t add value, a filthy and unmaintained interior/exterior will decrease the overall value.
Removal of any rust, paint touch-ups, or even replacement dealer decals can go a long way for marketing purposes. Although aluminum trailers are pretty low maintenance, special washes can help brighten a dull trailer by removing any oxidation.
Read more about Where can I rent a Horse Trailer
So How Much is My Trailer Worth? Tools and Resources
Although first-year depreciation is said to be between 10-20% on horse trailers, there is no industry standard and it’s subjective at best.
Researching similar models and trailers in the same condition in your region will provide a great starting point. It is important to view prices in your area for going rates.
Another option is utilizing The Horse Trailer Blue Book. Although it’s not free, it can assist you in determining prices and sellers can provide the information to prospective buyers. According to THTBB, a decade-old trailer in good condition can be 55-75% of its “new” price.
Things to Remember
Unfortunately, there is no standardized price guide for horse and livestock trailers. However, you can determine your horse trailer’s worth with a little local research and possibly the assistance of The Horse Trailer Blue Book. It will be worth the extra effort to prepare your horse trailer for resale!
Have other friends with horses? Be sure to share this article!
Is there a Blue Book for horse trailers?
Years ago all you had was the Kelley Bluebook and that was strictly for vehicles, so if you were trying to sell a trailer it was somewhat of a guess for a sale price. But, luckily today they have what is called the Horse Trailer Blue Book and it can be found at horstrailerbluebook.com. This works similarly to the Kelley blue book. Provide the information about your specific trailer or one you are interested in purchasing and you will be provided with the pricing for the specific criteria you entered.
Do horse trailers hold their value?
In most cases yes horse trailers do hold their resale value. A horse trailer that is about 10 years old, will generally hold between 55 to 76 percent of the original price paid. This figure does depend on who the manufacturer is and the construction type of the trailer. Other things such as previous repairs and cosmetic damages will also play a part in deciding the resale value.
What is the most expensive horse trailer?
In 2021 the most expensive horse trailer on the market is the Outlaw Conversion by Bloomer Trailers. This is an aluminum, five horse, slant load, with living quarters. Living quarters are furnished with a queens size bed, full bath, pull-out sofa couch, and dining table and bench seats also convert to a sleeping areal. Not only does this trailer have amazing tack storage but there is plenty of storage fro or the rider as well. Fully equipped with an air conditioning unit and heating. 250 amp generator and is a fully contained unit, ideal for sites when hookups are not available.
How much does a used horse trailer cost?
Usd horse trailers vary in cost ranging from low end at 700 hundred to high end at over 210,000 thousand. The price is dependent on if the trailer has a tack room, or living quarters, how many horses you can be hauled, structural integrity, damages, and possible repairs needed. Many other things can influence the price of a used horse trailer such as a make, model, year, and what it is constructed out of. Bumper pull trailers tend to be less expensive than gooseneck trailers
Do horse trailers have VINs?
Yes, horse trailers do have a VIN. Although they are not always the easiest to find each trailer does have one. Any trailer or vehicle that moves along the road in the US must have a current VIN and be registered with the DMV. If you are caught using a vehicle without either of these required documents you can be fined and the trailer may be towed until the problem is resolved.
How do you read a VIN on a trailer?
The VIN is a 17 digit number that is unique to one specific trailer. No two VINs are alike. Trailer VINsare usually located on a metal rectangular card mounted to the trailer. That can be located inside the tack room, near the tongue, or along any of the metal bars on the trailer.