Leasing or just lessons ?
 
 

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Leasing or just lessons ?

This is a discussion on Leasing or just lessons ? within the Horses for Sale forums, part of the Horse Resources category
  • How much is it roughly to half lease a horse

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  • 4 Post By clumsychelsea
  • 3 Post By tinyliny
  • 1 Post By skiafoxmorgan

 
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    07-17-2014, 09:39 PM
  #1
Weanling
Leasing or just lessons ?

I realize this isn't a new subject, but it is really bothering me a lot.
I love to ride. It is easily the best part of my week. Easily.
I wish I had a horse of my own, but I fear that if anything unexpected arose that I wouldn't be able to financially provide the care needed. I have to be honest with myself for the good of the horse. I simply don't have the reserves necessary and I don't want to be selfish.
I was thinking about leasing, but my head spins when I listen to all of the advantages and disadvantages.
I will say that I love taking weekly lessons and helping out at the stables every weekend.
Maybe that's enough.

If I were to consider leasing could you give me a price range including boarding and the typical length of the lease ? What would you say is the biggest plus and the biggest negative to leasing ?

Many thanks in advance.
     
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    07-17-2014, 09:56 PM
  #2
Weanling
Lessons are very important, but leasing adds a whole new deeper level to being around horses! It's time used to practice the skills you're learning in your lessons and figuring out how to apply them when you're by yourself. I personally think leasing is a great way to get further into the world of horses without drowning yourself in responsibility.

I'm not sure what prices would be like in your area, but the average that I've seen was always around $250/300 a month for a half lease. (Usually one lesson and two/three other rides a week.) Are you thinking of an off property lease? In that case, it would be more since you'd likely be responsible for paying the board yourself. If possible, starting a lease with a horse that'll stay at the same barn they start at would be financially easier. Length wise would likely depend on the owners needs and decisions. I've had friends that leased the same horse for many years on end, and others whose lease was cut short by the owner deciding to sell the horse to somebody else.

Benefits of leasing are more time in the saddle, the learning you do by yourself, a more direct connection to one horse, and loads of other stuff. My negatives would be that you never know when an owner might decide to sell or move the horse, even if you find yourself attached to them.

Not much help from me since I'm not sure what kind of lease you're interested in or what leasing is like in your area, but those are my two cents.
waresbear, EliRose, bkylem and 1 others like this.
     
    07-17-2014, 10:22 PM
  #3
Green Broke
I started out half leasing a lesson horse from my barn. They had their half lease fee set at half of board (board at the time was $325), which would give you 3 days a week to ride. I was fortunate in that the horse I leased was only used in 1 or 2 lessons each week and I ended up being able to ride whenever I wanted, so it was kind of like getting a full lease for half price It was a month-to-month contract, so I could cancel any time with 30 days notice. IME, private owners looking to half lease out their horse tend to factor in other costs like farrier, annual vaccinations, etc. so they often charge a little bit more than half the boarding costs, or may charge a flat monthly fee roughly equivalent to half board and then expect you to pay half of farrier costs as they come up. Private owners may or may not want a long term commitment; it often depends on why they're offering to half lease out their horse (for example, if they're offering a half leasing while away for college, odds are they'll want a longer term contract so they have guaranteed income to pay for the horse's expenses while they're in school)

Before I took the dive into buying my own horse, I did a full lease of a privately owned horse (found on Craigslist). It was a "free" lease (that is, I didn't pay the owner anything), and I was responsible for paying the barn, farrier, vet, etc. directly for everything. In a lease situation like this, it's as expensive as you choose for it to be, since you've chosen the barn to board at, what farrier to use, etc. The owner may require certain things that affect cost, like using a specific farrier.

In general, expect to pay more if the horse has a good competition record and is show-ready. Also expect to pay more if the horse is being kept at a fancy barn.
     
    07-17-2014, 10:59 PM
  #4
Weanling
Thanks.

This is why this Forum is so great. You get answers to your questions, but they are almost always from people who seem to care.

Looks like I'll have a landlord soon. :)
     
    07-17-2014, 11:31 PM
  #5
Super Moderator
I have been half leasing for way too long. But, it's been the onlly way I could have a pretty unfettered access to horses. The thing is, that I find that the owners of horses are as happy to have a decent rider and co-care person as they are to have the money. I don't pay as much as half the care. But, I add a lot that is of value to the owner, and as I have become a more experienced rider, I can improve the horse with consistent handling and riding, and this means that the owner is really happy with my riding their horse, even if I am not paying a full half.

So, I didn't mean all this to be "crowing" about myself, but rather to say that you may be able to find an owner who wants his /her horse ridden more, and maybe, (I don't know your ability) you have something to offer besides just a check every month. It's something to consider.
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    07-18-2014, 07:40 AM
  #6
Weanling
I've been leasing for the last year and a half. The first was a "half lease" for 100 dollars a month. In practice, I rode every day for as long as I wanted. I turned down a free lease on a green broke appendix. The owner just wanted someone to ride her, but she was more of a helicopter parent than I wanted, and she seemed to want free training. I turned down a $125 a month full lease because I wasn't satisfied with the level of care the horses received. I am currently on a "half lease" at $150, but I'm riding two horses each about three days (sometimes four) a week. It means I wind up riding at least six days a week, if not seven. Leasing is really awesome for having access to riding without the big outlay. The only REAL downside is that you don't get to make the decisions about care, feeding, shoes, trimmers, tack, or facilities (unless you are in an off-site lease).
bkylem likes this.
     
    07-20-2014, 10:55 PM
  #7
Foal
Leasing is a great way to be able to go out and ride. A free lease horse you don't pay the owner anything you pay for vet farrier etc. Most lease horse that are well trained are about 250 a month. The biggest plus for leasing is that you are no longer just able to ride on your lessons, you can practice and just enjoy horses any time your contract allows :) The drawback is getting attached, I bought a horse because I knew I would get too attached but leasing is great in that you are also not tied to the horse and after your lease is up you can find another horse. I hope you find a horse!
     

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