Options instead of just selling my horse
 
 

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Options instead of just selling my horse

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        07-05-2014, 09:01 PM
      #1
    Foal
    Options instead of just selling my horse

    So for those of you who have followed along with my other thread, you may realize I think it may be time for me to part ways with my horse. But I don't know if I want to actually sell her or if I want to donate her, retire her but keep her, get another horse, lease her out, keep her as a broodmare... there are so many options and I don't know the pros and cons and which ones are the best ideas. So, I could use a bit of guidance. Thanks.
         
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        07-05-2014, 09:19 PM
      #2
    Green Broke
    The Pros of selling are that well she's not your responsibility anymore, you don't have to pay for her continued upkeep or care. Cons are that once she's gone, she's gone.

    Retiring is okay... but again costs, and if you're horse is fairly young, that could mean paying her upkeep for 20 years. Plus vet bills still etc. And if in five years you decide to sell it's going to be much harder to do so. Leasing... may be cheaper but then you still have costs and have to manage a lease. If you don't want the horse at all then leasing is maybe not ideal. Broodmare... I wouldn't do that. I think it's best to breed excellent horses that you want more of in the world, with proven histories, excellent soundness and health, never a trouble horse with problems. Besides, the cost for a foal would be much more than just buying.

    Who would you donate her to?

    It comes down to if you want to keep her or not, and if you can afford to.
    DraftyAiresMum and iDressage like this.
         
        07-05-2014, 09:23 PM
      #3
    Foal
    Donating her to a therapy place:
    Pros: Tax break
    Good home with lots of use
    Possibly get to visit
    Cons: No money out of her
    If therapy place loses funding horses often go to auction
    Retiring:
    Pros: You get to keep her
    Cons: Wasted potentional
    Hay burner
    Still requires farrier/vet and all expenses therein
    Lease:
    Pros: If you decide you want her later you can
    Someone else works her and maybe you make a little money
    Someone else covers feed expenses
    Cons: Person riding may give bad habits
    When lease is up you're back to square one
    Broodmare:
    Pros: Cute babies?
    Cons: Breeding is expensive
    You have to consider if she's even worth breeding (unbiasedly)
    The potentional to have several horses you don't want instead of just one (babies don't always sell
    You could lose both mare and foal
    Getting another horse:
    Pros: If you like the new horse, pretty much everything
    Cons: If you keep her you now have the expenses of two horses. Pretty much covered above.

    I forget how old your mare is, but take it from me, keeping a horse you don't enjoy riding around until the day they pass and just getting another to ride is difficult. I realize it's also difficult to let one go, but there's no shame in ensuring she goes to a good home where she will be enjoyed. Whatever you do, you have to be at peace with it. If that means donating her and losing the money so be it. If you feel she's happy and its a situation you can live with, that's the far better option either way. I REALLY don't recommend broodmare though. There are so many dangers involved, and so many horses in the world and if the foal doesn't sell you're really in a bigger bind than you started out with.
         
        07-06-2014, 01:29 AM
      #4
    Super Moderator
    If anxiety in owning and riding her is making owning her a negative thing, then breeding her will not help that. It will multiply that.

    Selling her means you give up all control, which could be hard, but could also be freeing, mentally.

    Donating. . . I don't know.

    Leasing could be a good thing if you get the right lessor, like someone who is confident riding her and can make her a better horse, so you, too will benefit.
    Wallaby likes this.
         
        07-06-2014, 07:09 AM
      #5
    Yearling
    Selling: You have no control over what happens to the horse, but no responsibility either, and you can move onto other horses without the financial burden of that one. You have to cut your ties to the horse.

    Donating: Who would you donate her to? I think this has the same caveats as selling, as you lose control over the horse's fate.

    Retiring: Great, that is if you can afford two. Not so great if you can't and you're stuck with a horse you don't want to ride.

    Leasing: It gives a lot of the responsibilities of horse ownership to someone else, while you retain the final say over anything that happens to it. That can be the downside too. I've seen owners end up in a tight spot when they've leased a horse out with the view that someone else would pay for it for a while, but then the leaser ended the lease for whatever reason, and the owner was stuck with a horse they couldn't afford or didn't want to deal with. They probably should have sold it in the first place, but couldn't bear to part with the horse 100%. That's understandable, but if this is you, you need to be prepared to assume responsibility for the horse at a moment's notice.

    Breeding: Breeding a horse because it has a uterus and you don't know what else to do with it is a terrible reason to breed. I recall you saying that your horse is fairly young and already has arthritis. This does not make her a good broodmare prospect, as those are not genes that you want passed on. She'd really have to be an outstanding example of her breed in order to make the risks and expenses worth it. Not even Uthopia could sire a great dressage horse without a quality dam. You could easily end up with two horses who aren't what you want.
         
        07-06-2014, 07:11 AM
      #6
    Green Broke
    You horse absolutely doesn't NOT sound like a candidate for the a therapeutic riding program. Arthritis? Herd bound? Difficult to ride? No way.

    And southernbound, I'm not sure what riding programs you been associated with in the past, but I've NEVER hear of anyone sending their horses to the auction if they "go under". You know how many people would kill for a cheap, bomb proof, husband/child safe mount? They aren't easy to find.

    Breeding? To many horses out there already. Lots of $$$.
    Leasing? Could work out, while still retaining ownership.
    Selling? Probably the best bet, especially if you can find her the perfect owner.
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        07-06-2014, 07:31 AM
      #7
    Yearling
    Slide beat me to it-no way any therapy program would take this horse. I think you just need to put her up for sale to a home whose goals better suit what she's good at so you can move on to leasing another horse more in line with YOUR goals.
    Posted via Mobile Device
         
        07-06-2014, 08:51 AM
      #8
    Green Broke
    I haven't followed but if she has health or training issues that will limit your options
         
        07-06-2014, 10:31 AM
      #9
    Foal
    I honestly think if someone wants a western pleasure project horse, she will be great. She definitely needs work but I think she could come a long way.

    I definitely need to be cognizant of the financial aspect of this but I'm fairly confident I could juggle two horses financially, although it may be difficult.

    One option I'm looking into right now is sending her off to a training program for a few months for WP or HUS, which gives me a few months to begin working with a new horse, and then when I get her back, I could be showing with this new horse and also showing my mare again in whatever discipline she excels in. But we don't even know if this training program will work out or not.
         
        07-06-2014, 10:35 AM
      #10
    Yearling
    With her arthritis I wouldn't push her into HUS or WP. I think what would be best for her is to be a trail horse, or just a pleasure horse. You know she has issues that will cause lameness, so why not go with what option would have her last the longest? Perhaps you could lease her to someone who just wants a horse to ride around on and not compete, or a trail rider. Or even sell her to someone that that is all they're interested in.
         

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