I think another thing is it depends on where you live. Where I live, a girl I knew got an OTTB for $1000. She had great bloodlines, was well trained, beautiful, and was the sweetest thing so it really depends. The owner of the ranch I board at has a 9 year old quarter show horse with many points in some circuit of western pleasure, but he is the ugliest horse! And he is going for $9,000 which is a great deal for him. And I agree with all of you.