Leasing a horse..

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Leasing a horse..

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        12-18-2011, 12:06 AM
    Leasing a horse..

    Is it a good idea? What am I paying the owner for? Lol I mean if it was a great show horse and I was in it to do big shows then I can see why leasing would work.
    But if it's just a beautiful trail mare... what are some good reasons to lease? A free lease with option to buy. Would be a great idea so you can see if you are compatible with one another.. Owner could change their mind after so long and take the horse back...

    There is a beautiful mare that the owner wants to lease out with option to buy. I am considering it but am wondering why people would pay the owner per month to pretty much own their horse? She would be on my farm.. i'd be paying for everything.. so... ?? Am I missing something here?
    I'm also afraid of falling in love with this mare and then her owner finishing college and deciding she wants her back. :( since she's not sure she wants to sell her.

    Good idea? Bad idea? Thoughts??
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        12-18-2011, 10:50 AM
    Leasing is mostly used as a means of getting used to horse ownership (including the costs). Since you usually won't be riding the leased horse with an instructor it helps with independence as well. If you are not interested in buying a horse (or this horse specifically) I would look elsewhere. For the owner, the advantage is money and their horse being exercised if they are low on money or time to ride their horse or both.
        12-18-2011, 02:20 PM
    Green Broke
    Leasing can be good, for different reasons, all depending on the situation of both parties.

    The person wanting to lease OUT the horse may have come into a financial snag, and by leasing their horse, can relieve some of the burden. Perhaps they do not have enough time for the horse at the moment, and would rather the horse was kept in work, instead of being an expensive pasture ornament. They also might not want to part with the horse, and by leasing, they still get to keep it...which is what this situation in particular is, with her being away at college.

    As for the person wanting to FIND a lease horse...maybe they want to make sure they have the finances and time before committing to purchasing. Children grow, so it may make more sense to lease a pony, then purchase, since they could outgrow it shortly. If it is a new person to the horse world, the horse they need in the first year of riding wouldn't be the horse they need next year, as their riding skills progress.

    For me personally, I would lease for two reasons.
    1-Time/money. I work shift work, so I want to be sure I can make it out enough to be worth the expense, and if I can actually afford it before the purchase.
    2-Riding Ability. Although I am not a newcomer, my riding skills still make progression, so I would want something to learn from, and would help improve my riding.

    For this horse...are you actually paying a lease fee, or is it a free lease? I am assuming the horse in question is up for a full lease, meaning you pay for everything, since you said you would be taking it out of its current barn. Option to buy is just that...an option. It doesn't neccessarily mean that the person leasing the horse has to purchase the horse in the end.

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