Portuguese water dogs such as Bo, the Obama family dog, can sell for$3,000, but the Obamas have valued their pup at just $1,600.
Bo Obama was a steal.
But the typical range for a Portuguese water dog, like the one the Obamas own, is $2,000 to $3,000, according to breeders.
Anything less, they say is suspicious.
Portuguese water dog values are based on the dog’s bloodlines and whether its parents are Champions (high-quality bloodline), among other factors.
Um, so what’s wrong with Bo?
Nothing, as far as we can tell. Bo Obama was a ‘return dog’ – a dog that was previously owned and returned to the breeder. Since he wasn’t purchased as a pup and was previously owned, as used car dealers like to say, his price tag was probably reduced.
So the late Sen. Kennedy bought him on sale.