Bo Obama: a bargain at $1,600
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, the Portuguese water dog given to the Obamas by Sen. Ted Kennedy last year, is worth $1,600, according to financial disclosure forms released Monday.
Evan Vucci/AP
Bo Obama was a steal.
According to financial disclosure forms released by the White House this week, Portuguese water dog Bo Obama is valued at $1,600.
IN PICTURES: Bo Obama, you complete me
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.
鈥淚t鈥檚 hard to get a puppy from a reputable breeder for $1,600,鈥� says Lisa Wiley, a Portuguese water dog breeder in Bethany, Conn. 鈥淚 would be wary of any puppy less than that.鈥�
Uh-oh. Is that why Vice President Biden said his dog is smarter than Obama's?
Portuguese water dog values are based on the dog鈥檚 bloodlines and whether its parents are Champions (high-quality bloodline), among other factors.
Um, so what鈥檚 wrong with Bo?
Nothing, as far as we can tell. Bo Obama was a 鈥榬eturn dog鈥� 鈥� a dog that was previously owned and returned to the breeder. Since he wasn鈥檛 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.
IN PICTURES: Bo Obama, you complete me
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