The Steed of the Captain has a couple issues with it. Most notably the advertisement shows it a nice chestnut brown steed and those who purchase it in game are instead greeted by a blonde sorrel steed.
It was so disappointing that Ketani (who in case you don’t know loves her in-game horse collection) posted in the LOTRO Store Feedback forum about it: Steed of the Captain: Not as Advertised.
Also check out Cithryth’s blog post here showing the differences in Steed of the Captain gear between the standard steed and the war-steed. This was also brought to Turbine’s attention in the same forum thread.
Note that the hide color is not included with the matching war-steed appearance. I put this in my original announcement posts and still had some questions on it. Whether you think it should be or not, Turbine does not intend the class steed hide/tail colors to transfer to the war-steed.
We have a response from QuartemasterU on the forum thread confirming that at least the color is a bug that will be corrected.
Thank you all for bringing this issue to our attention. The skin color of the Travel Mount was expected to be the colour advertised in the marketing shots. Since it’s not that, we’ve bugged the issue, and are currently resolving it. It is expected to be updated come update 9.
We apologize for any confusion.
No mention about the war-steed gear differences at this time.
I wanted to bring this to everyone’s attention as the captain steed is only available until November 29th. If you wish to pick it up knowing a fix is coming for the color, you need to do so before then or wait until it becomes available again.