How much do you usually pay for your horse a year?
   

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How much do you usually pay for your horse a year?

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  • Paying for your horse
  • How much do you pay for horses a year

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    07-29-2012, 08:22 PM
  #1
Foal
How much do you usually pay for your horse a year?

I've been talking to my parents about buying a horse but were thinking about the money..
Don't worry about telling me your bored. I have a deal with the barn about working some of it off and stuff. But how much do you usually pay for vet, farrier etc.? Without injuries or anything. My instructor told me what it is for the barn a few weeks ago but I forgot so I wanted to see what you guys all pay.
Thanks! :)
     
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    07-30-2012, 05:50 PM
  #2
Weanling
Well I got my horse a 2 months ago and so far we have spent over 15000 dollars because we had to buy him and a barn this includes a little bit of the stuff we got for him (mostly used) Horses are a lot of money
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    07-30-2012, 05:57 PM
  #3
Green Broke
When DD totaled up the expenses for her 4-H records I believe it was a little over $7,000 for Aero and Yahzi combined (that did include some tack purchases, to be fair) in the past 12 months. We were fortunate and had no emergency vet care needed this year and our horses are actually quite "low maintenance" horses.
I would not try to low-ball it, exclude possible injuries, etc in an effort to put a rosier filter on the possible expense in making your pitch - but upfront and honest so that IF they agree they are going into it fully prepared for all the costs that could arise rather than you having yourself end up in a situation where an unexpected vet expense is unable to be accommodated. Also be sure to include costs of showing, etc if that is your goal - there is so much that can become a huge roadblock if not properly planned for at the outset. It is best to plan for the worst case scenarios, not pretend nothing will go wrong, break and need replaced, require an emergency vet/farrier visit, etc.
     
    07-30-2012, 05:58 PM
  #4
Trained
NY area isn't exactly cheap for horses. So board is going to be a lot regardless of how much you work off. Depending on your farrier schedule and what kind of shoeing your horse needs, I'd budget about $100-200 a month. Vet for shots, worming, check ups, boo-boos, I'd say between $500 and $7500 per year depending on how much you are competing and if your horse is arthritic at all. And then feed if it is not provided by your barn can be from $50-$150 per month. And on top of that I would have $5000 available in a slush fund for colics/major medical OR pay for insurance which is around $1000 per year depending on coverage and value (this can vary greatly). Then there's showing, training, buying tack, and more buying buying buying!! It is not an inexpensive venture, although people with more available land in their areas and even their own places and who don't compete can usually bring costs down more so than those in populated areas.
     
    07-30-2012, 06:01 PM
  #5
Green Broke
If I totaled up the costs I would probably shoot them both and have a big BBQ and retire on my own private island....

Oh and "working off board almost never adds up. See how much board is and compare it to what you could make at Mcdonalds working a few hours during the week and a day on the weekend.

But in a nutshell, feed, bout 18 a week, BUT I have 10 acres of grass, and have had great weather last winter and havent bought any hay. That cost could go up another 35 a week if you are buying hay,
Figure 40 a month for half shod farrier,
20 a month for vet.
Of course you are going to need transportation, tack, cool cloths, hats. Nick nacks, and a good $1000 dollars in savings for emergencies.
     
    07-30-2012, 06:24 PM
  #6
Started
Mine costs me about $8000 a year to keep - $6000 for agistment (including feeds, farrier and worming), $1000 for insurance and $1000 for teeth, shots, small vet fees, replacing rugs and buying other stuff.
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    07-30-2012, 06:25 PM
  #7
Green Broke
Oh jeez, we have 3 horses right now and they are low maintence for the most part and spend 200 to 300 a month on them..
     
    07-30-2012, 06:27 PM
  #8
Started
Do you have your own property, barrelbeginner? That'd save a fair bit.
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    07-30-2012, 06:36 PM
  #9
Green Broke
Yes we have them on a freinds right now.. during the winter, most of that is hay expense... it's a lot right here right now..
     
    07-30-2012, 06:37 PM
  #10
Weanling
Board: $305 per month(includes 2 scoops grain and all hay)
Private Lessons: $310 per 6 weeks
Food supplements: $82 for 28 day supply
Horse "Toiletries" (Fly spray, shampoo, etc): $50 per month
Show Fees: avg $200 per month (March-October)
Farrier (barefoot): $35 per 6 weeks
Vet planned expenses (shots, wormer, etc): budget $300 per year
Misc stuff: budget $150 per month

I think that is everything....except show clothes, tack, blankets, grooming supplies, trailer payment, gas to-from barn, and injuries ($200 for small cut on leg last month!)
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