Join Date: Aug 2009
Location: New South Wales, Australia
I'd have the cost of the horse, in your case $1600.
Vet - $100, Transport $200-$600 depending on where they are, both you and the horse - to go out and look at them, it might cost you $100 in petrol, if you have to stay the night maybe $60 or so. You might need a month bond in advance plus a deposit, that will depend on your situation - some places charge $20 a week, others $100. You'll need to buy a whole "round" of feed if the place doesn't supply it, that can easily cost you in excess of $100, depending on what you plan to feed your horse. It averages out over time but you still need that upfront cost.
If its winter you might need $300 or so for rugs, less in summer but you might want a waterproof/windproof one if your horse isn't stabled. Between $600-$1000 for cheap tack. Remember you'll need saddle, saddle cloth, bridle, bit, girth, stirrup. You can cheap out but I find the little extra you pay in the beginning is worth it in the end. Additionally if you may need to pay a saddle fitter to come out and fit the saddle to your horse. You can buy really cheap start-up kits but most people I see with those seem to just end up damaging the horses back, and end up with a dangerous or lame horse. Remember the saddle has the fit the horse - you can not just chuck anything on. I think western saddles are a little different - i'm an English rider.
Grooming brushes are the cheapest, but you'll need to buy a feed and water bucket if they are not supplied at your place. Add a few odds and ends and it would be worth budgeting $100 I think.
Often people selling horses, especially at the cheaper end of the scale, are a bit behind on shoeing and teeth filing, so you might have to get the farrier and the dentist out - all prob between $100-$200.
Plus you want a "buffer" savings.
I'm Australian so the amounts might be a bit off, or seem a bit high, but I always think its best to save and expect to much money rather than too little. Our dollar is pretty close to yours these days but still the cost of services vary.
Hope that helps a little.