The phrase refers to a resource used to determine the fair market value of used horse trailers. It is often employed by buyers and sellers to establish a reasonable price during transactions, mirroring the function of a well-known automotive valuation guide but tailored specifically for the equestrian market. For example, an individual wishing to sell a 2015 Sundowner horse trailer may consult this type of resource to understand its current worth based on its condition, features, and regional market trends.
Understanding the appropriate value offers several benefits. It helps sellers avoid undervaluing their assets, ensuring they receive fair compensation. Conversely, it equips buyers with the knowledge to negotiate effectively, preventing overpayment. This valuation process fosters transparency and trust within the horse trailer market. Historically, determining the value of specialized equipment like horse trailers relied on anecdotal evidence and limited data. Standardized resources like this provide a more objective and data-driven approach.