Explain Leasing Please!
 
 

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Explain Leasing Please!

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  • Explain leasing
  • Explain 'leasing'

 
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    07-11-2010, 05:09 PM
  #1
Weanling
Exclamation Explain Leasing Please!

Ive almost got my dad convinced to let me lease a horse I just need all the pricing down, but I don't fully understand leasing haha. Like.. Lets say theres this one horse and the price of the lease is boarding + half the farrier. The boarding was 200 and lets just say farrier was 50. SO lease would be 225... AND then I moved the horse to my friends house.. would I pay 225 to the person im leasing from or my friend or would I have to pay both people? It confuses me.. and what is a good price for leasing.. Like would it be possible to get down to $ 100 a month or is that really cheap?
     
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    07-11-2010, 07:17 PM
  #2
Weanling
The problem with leasing is that there are very various forms of leasing.

I suppose the cheapest would be for the owner to pay for boarding locations and fees, food, etc, and for you to pay only for rights to ride. However, usually it's split so it's about $250 or so.

I don't know much about it, either.
     
    07-11-2010, 07:19 PM
  #3
Showing
If I saw an ad for someone who wanted to lease their horse for the cost of board and 1/2 the farrier, I would expect that the owner wants to keep the horse where it is.

If I was looking to lease out one of my horses, there is no way in the world that I would allow the horse to leave my farm but many people do. In the case where the owner would allow you to move the horse, again, if it was me, there is no way that I would allow a novice horse owner to be in charge of his care.

Typically a share lease means that you share the use of the horse. That may mean that you only get to ride several times per week on a regular schedule and under their guidelines.

Those are things to consider when looking at a lease. Oh, and BTW, I would never lease to a youngster - only his/her parents.
     
    07-11-2010, 07:21 PM
  #4
Weanling
Thanks!
     
    07-11-2010, 07:24 PM
  #5
Showing
Sam, our farrier only charges $10 per horse and $12 per shod horse. He's the new one from Amish country, so you could get off really cheap there. We drive him an hour and a half every time ours need trims.
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    07-11-2010, 10:48 PM
  #6
Green Broke
In my experience the most typical sort of lease (in Australia) is the "full lease". Here generally you lease a horse for a period of six months or more. The leasee is responsible for all fees - board, food, farrier, vet etc. The lesee can do virtually anything with the horse, although most contracts have things you cannot do, like you might have to alert the owner when you change boarding stables, or when you are leaving a state for a competition.

The owner does not have anything to do with the horse, nor the costs associated with it. Its the same responsibility as owning a horse without "owning" it. Also if anything were to happen to the horse you would be liable for those fees ie. If he damaged his leg you may have to pay the cost of the horse, or all fees if he is to be rehabilitated.

To me there isn't a "good" price for leasing. You pay what you have to pay - board, feed etc. I wouldn't reccommend having a horse that has to be kept with the owner. I understand why people do it, and personally I would never lease a horse to someone, but if you are somewhere that the owner is constantly watching you it can make you feel uncomfortable and then its not really "your horse". If you are going to be paying all those fees you want it to be as if it were yours.

Good luck!
     

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