Things You'll Need
- Pocketknife
- Notepad
- Stepladder
- Measuring tape
- Flashlight
- Knee pads
- Camera or video recorder
Instructions
Before you Inspect the Used Horse Trailer
Write down what kind of trailer you want: size (height and width), year made, two-horse up to six-horse trailer or stock trailer, slant load or straight load, aluminum or steel, gooseneck or frame hitch and color.
Write down what amenities you want in the trailer such as sleeping quarters, tack room and feed room.
Set a budget for your trailer. Remember to leave some leeway in your budget in case the trailer you select needs repair.
Spend some time on the Internet looking at ads for trailers that meet your requirements. If you know what brand you want, check the manufacturer's website for additional information on the trailer.
Find the average price of the trailers that meet your requirements. Use this number to set a base price for the trailers you look at.
Get estimates for the most common repairs, such as replacing the floor, brakes, tires and wiring; repainting; and repairing rust spots.
Amenities are anything that add value to a trailer. Estimate how much value the most common amenities add to the trailer. The most common amenities are aluminum exterior, tack room, hay racks, chrome wheels, saddle racks, ramps, double walls, padded dividers, matted walls, roof vents, interior lights, slant stalls, gooseneck hitch and immaculate condition. Low mileage also adds additional value.
Evaluating Used Horse Trailers
Inspect the used horse trailer using your pocketknife, ladder, flashlight, measuring tape and knee pads. Check the exterior, roof, the tongue, the hitch assembly, the undercarriage, the tires, the wiring, the brakes, the wheel bearings, the floor, the interior and any accessories. Write down any repairs the trailer needs, as these will be deducted from the price. Take photos or video the trailers you inspect to compare them at home.
Write down any extra amenities the horse trailer has. For example, if you researched three horse slant-load steel trailers without a tack room, and the trailer you inspect has a tack room, write down the tack room as an amenity.
Total the cost of all repairs.
Total the added value of amenities.
Subtract the cost of repairs from the average price and add the total cost of the amenities. This will give you the price of your used horse trailer.