Join Date: Nov 2009
Location: Alberta, Canada
I have just gone through all of this with my guy...it's quite the process!
So I have a half lease for Robbie which means the leaser pays half of EVERYTHING month to month on a 6 month contract. She also get him for 3 days a week, I get him for 3 days and he gets one day off. A quater lease is 2 days and a full lease is 6 days (the horse is pretty much hers).
So my leaser pays half of board which is $180, half of farrier $20, half of dewormer/shots $15 for every 8 weeks or so, etc.
She also pays half of any vet costs he racks up (he cut his eye a couple months ago and the vet bill was split between us coming to $250 each), half the price of any new tack he needs, blankets, show costs, trailering and feed. So she is treating Robbie like half her horse, in which she pays half of everything.
Now this is all in the contract so neither of us can screw each other over haha. She is required to take at least one lesson a week in which she pays for herself. Also anything she wants to buy for Robbie that he doesn't require, she pays herself.
Now you mentioned that you would add a "fee" (1/4 of what the horse is worth) in the lease ontop of the basic bills. Is this what you're saying?? I'm kinda confused about your statement haha.
If it is, I highly suggest not doing this for your mare. This is mostly done for expensive show horses or horses that are up for sale and have not been sold yet/going for a lease to own. Your mare although sweet and probably a very nice mount, seems very green and IMO I don't see anybody willing to pay an "extra" amount ontop of all the other costs. It's hard enough to get horse's leased, and only those A rated show horses can get away with adding an "extra price" ontop of the regular bills. My guy is a 3'6 A circut hunter and my leaser only pays his basic amount (around $350/month not including lessons...around the right price for a show pony) and not a ton of people in western Canada are looking to lease...they want to buy. For your green mare, $357 is a pretty steep price. Those willing to pay that are probably looking for a going, well broke horse and you had mentioned your mare has only cantered twice? I'd be expecting to see a half lease of $150/month, not double that.
Now I mean no offense whatsoever, this is just my opinion and experience in my area (fairly similar to BC right now in terms of the horsie market) and I'm going off of the hunter/jumper world. Pictures would actually be great to more accurately judge your mare + the discipline she does, she may be one of those "green-right-now-but-in-3-months-will-be-unreal" kind of horses. But as of right now and from your description, $357 is just too steep of a price especially for only 3 days a week.
Also, if you want an in-barn lease, the lease price has to reflect the kind of barn you are at as well. If you are wanting $357 a month from the leaser, your barn better have the facility $357/month deserves. I would expect an outdoor and indoor arena, wash racks, tack boxes, nice footing, large stalls, etc. If your barn does not match the price you are wanting to lease your mare out for, people are going to pass her up just because the facility doesn't warrant a $357 fee every month.