The Risks and Rewards of Buying at an Auction

February 1, 2016 | Karen L. Weslowski | Vancouver

Equine Consumers' Guide 2016

Buying a horse is an important decision that usually involves careful planning, consideration, and research. Buying a horse at auction can remove or reduce the ability to exercise due diligence in the buying process.

“Deals” and good quality horses can be found at auctions; however, when attending an auction, buyers may be overcome with excitement for what appears to be a great bargain or sympathy for an obviously mistreated horse, and make a purchase they later regret.