lease price for my mare, help?
 
 

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lease price for my mare, help?

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  • Price to lease a mare
  • Green horse 1/4 lease

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    01-12-2012, 06:08 PM
  #1
Weanling
lease price for my mare, help?

I've never personally leased a horse out, so I am not entirely sure on how to set a lease price that isn't too high for the leaser or too low for myself. Most of the pons in our barn who are up for lease really all have the same lease price just depending on the days you'd like to ride ..however most of those are school horses and are not personally owned. So help!

this is not her real add don't critique it, only giving information so you guys can help me determine a lease price!
My mare is green so needs a confident rider with experience. I would prefer rider to take lessons with Beverley's trainer weekly. Beverley likes to "test" her rider/handler but once she knows she isn't aloud to get away with things she's a good girl and very willing to please, she always tries so hard. She is 17.2h & a TB (5 yrs old, 6 by the time I lease her out). She is currently in training as she was started over summer, however I fractured a vertebrae in my lower back and due to this she has been out of work since Septepmer. She started her official training first week of January and is coming along very nicely. She has just begun cantering under saddle, has a lovely left lead canter and is slowly getting there on the right ...and by slowly I mean she did her second canter last night and it needs tuning but it was lovely I would really love a leaser to come out 2-4 days a week, I am very flexible with days they would chose. I really just need somebody to keep her in work while I am off doing other things and/or riding my pony. She is a horse that needs to be in consistent work otherwise she can be quite the handful, but in consistent work she is very nice to handle. She really just wants to please and doesn't know everything yet! Once Beverley has a little more saddle time I would be very open to leaser taking her to shows at their expense.

So I have heard that a lot of people will either do 1/4 of the horse's worth, but I have actually never personally experienced any body doing this and I really don't want a leaser to pay an annual price up front, just take it month by month and make sure it's the right fit. Or should I do the cost of her monthly expenses split in half for a part lease? I added everything up and divided it by two and for a green horse it seems high. Her board is $555 a month, her farrier is $160 every 6 weeks. Her grain is only $20 and just depending on her feed schedule sometimes I pick it up every 2 weeks, sometimes every 4. I am not really worried about leaser paying for little things such as BP or dewormer, that's fine for myself to handle. Do I include vet costs (what if she colics?), or teeth floating - not until July again but still. So in total the price of her board & feet adds up to 715 per month - I excluded the grain just because the farrier is every 6 weeks and the price of grain (20) I just excluded it if that makes sense. So divide 715 by two and that is 357 per month. Is that way to high for a lease on a green horse. Please note though that she is in training and is VERY calm when in consistent work, I will not lease her until March so by then I would hope to have more saddle time on her.

I can give more info on my mare or pictures if need be.

Sorry this was insanely long, I have just never leased out a personal horse before so I have absolutely no idea as far as pricing goes how to do this! I am aware of other things such as contracts/insurance all that jazz, just no clue what a fair lease price would be for this mare!
     
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    01-12-2012, 06:30 PM
  #2
Weanling
Hey, I wouldnt be while sure of an exact price that you should put the horse at, I was thinking that you could have totaled up what the horse cost you a month to keep and you could charge half or 3/4 of that but I see youv listed that.Am guessing the client would be paying the livery?.. youll have to allow for that in your price. Am not sure what you would want to sell her for but you could divide that by 12(for each month) and charge that. Am really not sure, iv only ever sold them on. I think your best bet is to come up with a figure that leaves you with a decent we bita money at the end of each month and maybe do some research on horse sales websites and see what simliar horses are going for at least youll know then that your not way over or way under what you can get...

Good luck
     
    01-12-2012, 06:47 PM
  #3
Weanling
Quote:
Originally Posted by Derry girl    
Hey, I wouldnt be while sure of an exact price that you should put the horse at, I was thinking that you could have totaled up what the horse cost you a month to keep and you could charge half or 3/4 of that but I see youv listed that.Am guessing the client would be paying the livery?.. youll have to allow for that in your price. Am not sure what you would want to sell her for but you could divide that by 12(for each month) and charge that. Am really not sure, iv only ever sold them on. I think your best bet is to come up with a figure that leaves you with a decent we bita money at the end of each month and maybe do some research on horse sales websites and see what simliar horses are going for at least youll know then that your not way over or way under what you can get...

Good luck
Yes I have looked on our local listings and it seems a lot of horses for part lease are going for around $150-$250. However that is under what I pay for her (that's less than half actually). Some of the horses that are going for $250 per month are more trained than she is, however most of them are not stabled at nicer barns - they are just at smaller places or a backyard barn with only an outdoor arena. I have Bev at a nicer barn so I guess this is why I would want to ask more than most horses are listed at, I just don't want it to seem too high since she is still green.
I will still be paying her expenses at the end of each month, I would really just like the leaser to pay me half (or whatever I decide on) of what I pay monthly. Her board is $555 per month so I would just divide that in half or something else and ask them to pay me the cost at the end of the month before my board is due. Though I am just not sure if I include her shoes in there since it is every 6 weeks, and do I include things such as vet calls or teeth floating. I just feel like what I added up is way to high, but I also think that is because most owners who are leasing their horses out have lower costs because they keep their horses at home and don't have an indoor arena or trainers on property so the owner doesn't pay as much therefor they don't need to charge the leaser a higher cost. However, most of these horses going for the low price have more training than Beverley currently does.

I'm stumped haha.
     
    01-12-2012, 06:56 PM
  #4
Yearling
I can share with you how my lease is structured, and maybe that will help you. I pay half of the horse's board, plus half of her farrier every 8 weeks. I don't pay vet. I ride at a fairly decent barn with an indoor and my trainer is on site. I've seen higher leases in the area at show barns. The mare I lease is well trained, though we're working on the canter.
     
    01-12-2012, 07:00 PM
  #5
Weanling
Quote:
Originally Posted by With Grace    
I can share with you how my lease is structured, and maybe that will help you. I pay half of the horse's board, plus half of her farrier every 8 weeks. I don't pay vet. I ride at a fairly decent barn with an indoor and my trainer is on site. I've seen higher leases in the area at show barns. The mare I lease is well trained, though we're working on the canter.
So is your lease "x" price but then at the time of shoeing that's when you pay the farrier cost? Or is your cost the same every month no matter if she gets her shoes done in that month or not?

Sorry that's worded oddly I know, not quite sure how to word things lol!
     
    01-12-2012, 07:01 PM
  #6
Yearling
Quote:
Originally Posted by beverleyy    
So is your lease "x" price but then at the time of shoeing that's when you pay the farrier cost? Or is your cost the same every month no matter if she gets her shoes done in that month or not?

Sorry that's worded oddly I know, not quite sure how to word things lol!
I should have been clearer, sorry! Yes, I pay my base lease price, but every other month I add on my half of the farrier fees to my lease.
     
    01-12-2012, 07:05 PM
  #7
Yearling
I lease and I pay board. That's it. And my lessons. The girl I lease from pays farrier and if a vet bill comes along those too. Unless it was my fault he needed a vet then I pay it. My board includes full care.
     
    01-12-2012, 07:14 PM
  #8
Weanling
Quote:
Originally Posted by nicole25    
I lease and I pay board. That's it. And my lessons. The girl I lease from pays farrier and if a vet bill comes along those too. Unless it was my fault he needed a vet then I pay it. My board includes full care.
are you doing a full lease or a part lease? I would feel bad asking for $555 (board) for a part leaser. My mare is on full care board though so leaser would not need to come out to clean or anything, just ride!
     
    01-12-2012, 07:15 PM
  #9
Weanling
Quote:
Originally Posted by With Grace    
I should have been clearer, sorry! Yes, I pay my base lease price, but every other month I add on my half of the farrier fees to my lease.
Okay thanks, makes sense!
     
    01-12-2012, 07:23 PM
  #10
Yearling
Quote:
Originally Posted by beverleyy    
are you doing a full lease or a part lease? I would feel bad asking for $555 (board) for a part leaser. My mare is on full care board though so leaser would not need to come out to clean or anything, just ride!
I have a full lease. I have access to my horse and can ride whenever I want. Pretty much ownership, but not. If that makes sense.
     

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