Finance Guide Center - Leasing a horse?

Leasing a horse?

what is the deal with leasing a horse? how much is it normally? what is the point? if you're paying money for boarding and feed you might as well own it. I don't really understand what leasing is, is it just you who rides the horse, or does it also get leased to other people? (then that isn't cool because it could be rode a lot!) where do they stay and stuff? I own all my own horses on 80 acres my whole life, run a ranch, so i really don't see the purpose of paying a monthly fee to ride a horse you don't get to own personally. LOL, lil.miss.hunter, its okay, i was reading this and was getting really confused and started thinking you answered something you clicked on wrong, then i got to the bottom and read it, hahaha great stuff! lol

Public Comments

Leasing a horse is a good thing to do for novices, or people that know they'll be going away to college soon, or for a "trial" before you buy a horse. It's not so much because it's cheaper, but because it's easier to give 2 weeks notice and then give the horse back. Usually all tack and rugs is included too which saves the cost. Remember decent horses do cost alot of money! Money which some people can't afford, although it's easier for them to pay little and often for boarding fees etc.
Well if you've owned your own horses your whole life you should know..but anyway. Leasing a horse can be done a number of ways. Sometimes its just you leasing the horse, typically the owner will tell you what you're paying for (i.e. boarding, farrier, vet). It can range from a free lease to thousands of dollars a month. Leasing is a great way to learn if you really can keep up with owning a horse, or for people who want to own a horse, but don't have a lot of time. Sometimes it is only you riding the horse, other times the owner specifically says they get to ride certain days. There are also 1/2, 1/4, 1/3, etc. leases, which is where you share the horse with other people, the price is evenly split up and the people only get to ride on certain days of the week, which is great if you have a busy schedule. Sometimes the owner will say that you can move the horse to your own stable if they approve, but most the time it will be an in-barn lease so that the owner can keep an eye on the horse.
I think you have to look at the pros and cons of the horse..I mean you will have many years with her and that is good b/c you will learn together. If she has had years of ranch work, I can see her being a very nice horse!! I have seen a lot of ranch horses and all of tham are amazing animals..I work for a pro trainer in KY and he has 3and 4 year old ranch horses and they are what your averagfe person would call perfect but to him, b/c he shows, they are not "completely broke." Different people have different opinions for "green" horses...many people (especially cowboys) consider a horse green if they dont know how to do every little fancy turn or side pass but that are still very nice horses..other ppl consider a horse to be completly broke if you can sit on them. I would go and ride the horse if you have not already and not think about the price until after you see how broke she is... have someone else ride her too and watch her stride and the way she acts..get to know her character, then decide if she is the right price..I believe she is..especcially with all the ranch experience. good luck and I hope you end up finding your next best friend! HAHA!! sorry I posted this in the wrong question lol I give myself a thumbs down hehehe..soory!
well im full time leasing becasue im going to college in 3 years, and the love of my life is a whoppin 25 years old. It would be kinda pointless to purchase him, when, with my lease, i get to ride him whenever i want, i dont have to clean up after him, dont have to drive over to the ranch as feed him at 5 in the morning, and he still gets to live with his buddies. Its like the lazy way of owning a horse. i work pretty hard at the ranch i go to, but it is half an hour away, and in the middle of no where. See, it depends on your lease. Im not paying for boarding because he lives there. I pay for his food, but i am not required to be the one to feed him. He lives in his pasture with his friends, not the boarding stalls. If he lived in the boarding stalls, id have to clean up after him. So it all works out, i guess. Because he is old, i want to spend my last three years here with him, but once i go away for college, the chances of me seeing him again are highly unlikely. why buy when you can lease? the benafits are many, just depends what you want.
Well if you lease a horse that means you are paying half for it. Some people lease horses bcause they can't take care of a horse full time or they can't afford to pay all of the fees for a horse.Like if you work 3 days a week then the other 4 you can spend with your horse. But the 3 days you work the other person you lease the horse with willtake care of it. That is what the reason of leasing. Hope this helps :)
There are two types of leases. A full lease and a half lease. A full lease is a lease where the horse is owned by someone, but you pay them a certain fee every month for full use of the horse. You will pay for the feed and board, but the owner will usually help pay for the farrier and vet bill. It is basically like owning the horse, and owning would probably be more sensible. A half lease is where the horse is owned by someone, and you pay them a lower monthly fee for partial use of the horse. You pay half of the board and feed, and half of the farrier and vet bills. The horse may be used for lessons, and the owner may still ride the horse. Leased horses can be kept on your own property, if you are full leasing. When half leasing, the horse is kept at the barn it's owner boards it at. The point of leasing is getting to partially own and ride a horse for a lesser fee than if you fully owned the horse. A full lease is whatever the boarding fee of the horse is, boarding fees are usually $200-$1000 or even more, a month. A half lease will usually cost $100-$600, or more, monthly. Since you already own a ranch, it wouldn't make sense for you to lease a horse, but it would make sense for you to lease out a horse. That is when you are the owner of the horse leasing it out. You could make money off of this, so leasing out would be quite sensible for you to do.