If I ever wanted to lease a horse in the future... what should I know about owning a horse?
What are the expenses?
How do different leases work? How does a free lease work? Is it more expensive than a half lease?
What do I need to know about caring for a horse?
If I make enough money this year I am going to seriously consider finding a horse to lease. I have been looking on craig's list and there are about 4 or 5 free leases out there right now. But I don't know what other expenses would be like, or even what having a horse is like.
I am currently leasing a horse. As for I do not have the money right now to actually OWN a horse.
I will answer all you're questions as good as I can What are the expenses?
Each lease is different, and some leases you may have to pay board fees, vet, farrier, ect. Others (like mine) the actually owner has to pay all of that. It could also depend if you are keeping the horse at a different barn then the owner of the horse has it at. How do different leases work? How does a free lease work? Is it more expensive than a half lease?
There are 3 different leases that I am aware of - Full lease, Half lease, and Free lease.
Full lease can mean a few different things, any where from YOU pay everything for the horse (board, feed, vet, farrier ect.) And you can ride whenever you want, however many days a week. OR You don't have to pay any of the horses expenses, (board, feed, vet, farrier ect), you just get to ride whenever you want, how ever many days a week you want.
Half lease can mean, you pay half of all the bills, (board, feed, vet, ect) And can only ride a limited amout each week. OR you just pay half of everything, and still get to ride anytime you want / however many days a week you want to, and vise versa.
Free lease is just that. You pay nothing for the horse, but either get to ride how ever many days you want, or a limited amout.
I would imagine that a free lease would not be more expensive then a half lease. What do I need to know about caring for a horse?
You should know most of the basics about horse care. And how to properly ride / groom / tack up / feed / care ect. But while leasing a horse you will also learn a lot. As I have!
Monthly leasing fees can range anywhere from FREE to about 400 a month JUST for the lease itself. That does not include board, vet, feed, farrier, ect.
I hope I helped out some. Let me know if you have any other questions!!
Or if something isnt clear enough.