Cedar Ridge, Grullablue, grullo, grulla, blue roan, quarter horses, AQHA, reining, Hancock, Blue Valentine, Hollywood Dunit, Topsail

Payments and Procedures

Deposits     Insurance    Buying on Payments   Order Video   PayPal/Credit Cards

Congratulations!  Hopefully, you have found this page because you are thinking of buying that new partner, and are wondering what our normal practice is for paying for horses. 

Buying a horse (especially off the internet from someone you don't know) is a big deal, and we definitely want to all be on the same page so we don't have misunderstandings.  From our experiences as buyers and also as sellers, we have found that some practices make the buying/selling much easier.

These are general rules we have found that we follow when selling horses that make the sale the most comfortable for both us and for you.  Unless a contract specifies otherwise, the following guidelines apply for all of our sales:
 

  • Any horse for sale requires full payment or else a non-refundable deposit to hold (generally 20% of the sale price or $500, whichever is higher) unless the amount of the deposit was agreed upon to be different by both Cedar Ridge and the buyer).  Click here to find out why the deposit is non-refundable.

  • We prefer to have a sale/purchase contract for all sales, but require it for any sale where a deposit has been made to hold a horse for more than 2 weeks, or any sale where the buyer is making payments on the horse.  This is for both your protection and ours.  Sample sale contract (which is changed to reflect each situation).

  • Whether a sales contract is in place or not, our procedures are still the similar. Some of these procedures include: 

  • Horses may not be marked sold until fully paid for.  Horses with a deposit received may be marked with a "sale pending" notation on the web site.

  • Deposits will hold horses for a period of time determined by Buyer and Cedar Ridge jointly.  

  • Deposits are non-refundable.  Click here to find out why they are non-refundable.

  • Mortality insurance coverage may be required for any sale where the horse will not be picked up within 2 weeks, unless otherwise agreed upon.  Buyer will pay for insurance coverage, which is usually 3.5% of the value of the animal for a full year.  When/if the policy is cancelled, the unused/prorated portion of the premium is refunded by the insurance company. Therefore, most insurance policies that will be cancelled within a couple months actually cost about $50 after the refund from the company upon cancellation. This is a very inexpensive "peace of mind" action for both you and us!

  • Health Care: Foals will be dewormed prior to weaning (generally more than once), and if foals are over 7 months of age, they will probably have their first EEWT and West Nile vaccinations.  Specific vaccines can be given if requested and at buyer's expense.

  • Training: Foals sold as weaned will have been introduced to being led and having their hooves picked up after weaning, but as with all foals, will require continued training at their new home.  "Most years" we also begin training to load into horse trailers. Buyer will be notified of any deviation from this norm. Due to weather, I do not train in the winter.

  • Horses are sold "as is at the time of sale," and we are not responsible for illnesses, injuries, or other health issues that become apparent after we sell a horse. Please ask questions when buying any horse (no matter who you buy from), so you feel comfortable that the horse is what you are looking for. We do not try to hide any known negatives about our horses.

  • We are not liable for future unwelcome discoveries. For example, if a new genetic condition is discovered a few years down the road in a bloodline our horses possess, we do not offer refunds. Other examples may apply. When a horse is offered for sale, we do our best to publish ALL known issues about the horse, and you are always welcome to ask additional questions!

  • Registration: Foals sold during their birth year are generally sold with the breeders' certificate and transfer paper. This allows the buyer to make up and assign their own name for the foal's registration papers.

  • BOARD: We do not charge board for 30 days following the purchase or availability of a horse. For foals, this 30-day period would begin 2 weeks after weaning. Following the "30-day-with-no-board-fee" time period, we will charge board. This varies based upon the age/gender of the purchased horse. Click here for an example for a weaned foal.

  • Death or Injury During Extended Board: If you request that we keep a horse longer than 30 days after its purchase (except in the case of a foal before weaning), please be aware that if the horse dies or is injured, you are liable for vet bills. 
    --This is because we stop pursuing the sale of a horse once a reservation is made. Therefore, we are doing the favor of allowing the buyer to leave a horse at our property to give the buyer more time to pay for their new horse.
    --The expense to us is that we are no longer able to sell the horse to a buyer that would immediately take their new horse home.
    --Payments made may not be refunded.
    --We highly recommend insuring any horse you can't transport home in a timely manner to protect yourself should a death of the horse occur.

  • Payment Due Date: Full payment is required at least 2 weeks prior to releasing the horse unless the buyer is bringing cash. 

  • Please notify us in advance if you are bringing more than $2000 in cash. 

  • See our Sample Sale Contract for other examples of sales procedures.

  • A horse is not considered reserved or sold until a deposit has been made, or unless full price received by Cedar Ridge Quarter Horses.

  • ALLOWABLE PAYMENT METHODS:
    * wire transfers,
    * cash,
    * Wal-Mart MoneyGrams that can be picked up in Missouri (not Iowa...our nearest Wal-Mart is in Maryville, Missouri), or 
    * we may accept cashier's checks and money orders (with a 2-week or longer hold period after cashing). 
    * Click here to learn why it is not safe for sellers to accept PayPal for horse purchases.

  • We will keep the horse for a short period of time that the buyer agrees upon at no charge (typically 30 days), and will provide the horse the same care we give our own until the horse can be picked up/transported. See sample contract or sample board schedule pages for ideas.  Beyond an agreed-upon short time (except than in cases where purchase is a pre-weanling foal), a board fee may be established.  Foals should be picked up a couple weeks after weaning unless otherwise agreed upon.

  • Pre-purchase exams are optional, and can be done at the buyer's expense. 

  • Coggins and health papers are at our expense the first time, and need to be obtained by us if you are out of state. Please give us a couple weeks of notice, as sometimes the Coggins tests take over a week.
    --If you postpone the transportation of a horse/foal, and if we have to obtain a new coggins/health paper, that will be at your expense.

  • Special health paperwork necessary for shipping out of the country is at the buyer's expense (usually, the quarantine station completes any special testing needed for export).

  • We will try to adapt your new horse's feeding program, if possible, to closely match your own prior to shipping.  This reduces stress on the horse.

Deposits

Non-refundable Deposits  Deposits are non-refundable due to experiences we and other breeders/sellers have had.  When a deposit is made on a horse, we tell other potential buyers that the horse is no longer available.  Those potential buyers then spend their money on different horses or for other uses.  Often, at the time that a buyer backs out of the purchase of a horse, those people who had previously wanted the horse are no longer able to buy.  The effects of this are at least two-fold:

  1. Those potential buyers are angry, because the horse they really wanted is now for sale again, but they can't buy it because they've already allocated their money elsewhere.  This creates a negative image of the seller in their minds.
  2. We sellers now have to go through the entire process again of advertising, sending videos, answering inquiries, etc. again in order to sell the horse.  This can become time consuming, and also causes expense.  Potential buyers can be suspicious, wondering why this horse is for sale again.  Their first thought is that something is wrong with it, when in reality it might just be that the buyer couldn't finish paying or had to move or lost an income, etc.  Often, the buyer backs out on the horse at a time of year that the market is down (winter). When this happens, especially, it is much more difficult to re-sell the horse and expect the same price.

We really don't want you to make a deposit on a horse unless you are SURE you want the horse.  

Please do not place a deposit unless you know you can pay the remainder of the horse's price or unless you have already established a contract with Cedar Ridge Quarter Horses.

Deposits (non-refundable) can hold horses for a short period of time (based upon agreement between buyer and seller) to allow you to arrange shipping and/or reach a contract with us.  Contract is required if we are expected to keep the horse for more than 2 weeks after receiving a deposit...this is to protect both the buyer and us. 

Because of this, we don't anticipate having any problems with non-refundable deposits.  To ensure you are happy with your decision, we will make every effort to answer all of your questions about the horse(s) you are interested in.  Videos are usually available with a $10 deposit to help you make your decision.

Insurance

  • Mortality insurance coverage is required for any sale where the horse will not be picked up within 2 weeks, unless otherwise agreed upon. 

  • It is required for any situation where a buyer is buying on payments. 

  • If insurance coverage is not purchased for a horse being sold on payments, and the horse dies, seller will not refund payments to the buyer. 

  • Buyer will pay for insurance coverage, which is usually 3.5% of the value of the animal for a full year (generally, about ($100 to $300 per year for most of our horses, which works out to be about $10 to $25 per month).

  • We have used www.eqgroup.com for many insurance policies, and have been happy with their service. 

  • When the policy is cancelled, the unused portion of the premium is refunded by the insurance company.

Buying on Payments

  • Do we accept payment plans for foals purchased before weaning? Yes.

  • Do we accept payment plans for yearlings or mature horses? Sometimes.

  • We can sometimes provide payment plans, but generally try to reserve that option for foals prior to weaning or for mares that have not yet weaned a foal which is not being purchased with the mare. 

  • Payment plans for horses (other than foals/weanlings) bring up issues that are best prevented by selling or buying a horse outright.  For example:

  • Who is responsible if the horse gets sick, injured, or dies in the middle of the payment plan? 
  • Will there be a board cost, since the seller is incurring board that there otherwise would not be if the horse sold outright?
  • Will the seller provide the training that the buyer would if the buyer had possession?
  • Will the buyer be able to take possession of the horse before full payment?  (our answer here is "no.")
  • How long will payments be allowed, and how long before shipping is the last payment due?
  • We will keep the horse for a short period of time that the buyer agrees upon at no charge (typically 30 days), and will provide the horse the same care we give our own until the horse can be picked up/transported. See sample contract or sample board schedule pages for ideas.  Beyond an agreed-upon short time (except than in cases where purchase is a pre-weanling foal), a board fee may be established.  Foals should be picked up a couple weeks after weaning unless otherwise agreed upon.

  • We could tell you stories that we've heard, but it's just best to say that payment plans are scary for both buyer and seller due to liability issues.

Videos

Video clips uploaded to the web site, YouTube, or Webshots are free. But, we have to charge in most cases for DVD's sent through the mail due to teenagers and "tire kickers" who want free videos just to entertain themselves.

Hey, we like free things too.  :-)
But we can't afford to make, package, and ship free videos to everyone that would like to have one.

PayPal

Please contact us before paying for shipped semen with PayPal.
We will send you a customized e-mail for your payment.

PayPal is not accepted for horse purchases due to PayPal's acceptance of scammer's claims of "non-delivery" if the purchase was not "mailed." Since horses can not be "mailed" and tracked electronically, PayPal is not a safe method of accepting payments for horses for anyone. Sorry! :-(

Back to Top

 

This page last updated 08/25/11

Home    Horses For Sale    Stallions    Mares    Foals    Blog    Color Genetics   Riding Horses    Site Map    Contact Us


Toni Perdew       Bedford, Iowa
info@grullablue.com
712-370-0851 cell, before 9 p.m. CST  (NO telemarketer calls)

PLEASE
do not call us on the phone with color inquiries for your own horses.
See link to the Color Pages if you have a question about your own horse or foal's color.

Web design by CR Equine Sites.
All rights reserved. Graphics are watermarked for copyright protection.


Terms of Use