Lease or Buy? - The Horse Forum

 
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post #1 of 6 Old 11-25-2011, 05:13 PM Thread Starter
Weanling
 
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Question Lease or Buy?

I have been wondering lately what would be better, leasing or buying my first horse? I have gone to camps before where you had to take care of a horse for a week and I do know what it is like, so I was wondering what would be better money wise and things like that. If I did lease, It would be full time. But, It would be nice to be able to buy a horse and keep him at my house. The only thing is that I would have to wait a while before I would buy a horse. The only place I would lease a horse at would be the barn I ride at, and I trust my trainer to tell me if I will be able to handle the horse for 6 months or how ever long I would lease him for. I have heard about people a leasing to buy kind of thing; like a house? Where you lease for 6 months to a year and buy the other half or so of the horse so you could keep him. I just don't want to lease a horse, and then have that be a waste of time. Help?
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post #2 of 6 Old 11-25-2011, 07:23 PM
Showing
 
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I don't think there really is such a thing as a "waste of time" in the horse world. Leasing a horse is a great idea, especially if you haven't had any experience owning. Miles in the saddle.. make you a better rider and if you don't end up buying the horse you've been working with, I think that's okay. Every horse teaches you something and you can learn so much from every horse you ride.. so I think you should lease before.. and then when you decide if you can handle and like having a horse, then you can go ahead and look at buying :)
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post #3 of 6 Old 11-25-2011, 07:30 PM
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Getting a lease horse is not a waste of time. Camp for a week is nothing compared to the rest of your life.

By leasing, you can figure out if having a horse will actually work for you.

You also then have a chance to learn from this horse, then progress onto a new lease, or a bought horse. The horse you need today, is not the horse you need in a year.

If it ends up that you actually don't have the time or budget for the whole horse thing, you can cancel a lease faster then you can resell a horse....


There have been several threads lately about leasing versus buying....try the search option, and read a few of those threads.
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post #4 of 6 Old 11-25-2011, 07:37 PM
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It depends. How helpful is that, right?

Pros of leasing: if you and the horse don't work out for whatever reason, that's okay! You're not 'stuck' with a horse. It might be cheaper than owning depending on the lease conditions. Its a good way to learn a lot, both about yourself and how to work with horses with different personalities.

That said, when it came down to it, for me it was much easier to buy a horse than find one with what I wanted that was for lease. Then again, I was not looking for a high level horse which would have had a big purchase price tag either. I am also out of college and a 'grown up' now too though, so owning a horse is much more realistic than it would have been when I was younger.
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post #5 of 6 Old 11-25-2011, 07:47 PM Thread Starter
Weanling
 
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Thanks everyone! What I meant more by a waste of time is having to go to the barn every day and taking two hours there and not being able to do other things I need to do. But the good thing would be that I could ride with my friends and have a place to jump. I will definitely thing a second time about leasing. =)
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post #6 of 6 Old 11-26-2011, 12:24 AM
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Lease then buy! Lease for a couple months, see if the horse is really going to be worth it, then buy.

“Good things come to those who wait… greater things come to those who get off their ass and do anything to make it happen.” - Unknown
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