Courious regarding lease - Page 2 - The Horse Forum
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post #11 of 17 Old 07-14-2013, 03:16 AM
Yearling
 
Join Date: Nov 2011
Location: New Zealand
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Leases can be great for people that for many reasons can't or don't want to commit to purchasing a horse. It may come down to finances or lack of grazing where they live. I free leased a horse when I was first getting back into riding about 10 years ago and kept him on a friends property just out of town. I could only get out to see him in the weekends and after about a year I decided to send him back as he wasn't getting enough work and I felt that it was unfair relying on my friends to care for him during the week.

I'm glad that I had only leased and not purchased as it would have meant going through the process of selling him. Now I live out of town with my own pasture and have 2 horses that I own and I love it. Leasing isn't for everyone but it certainly works for a lot of people and is a good option for someone who has a horse that they don't want to sell but hate to see just sitting in a paddock doing nothing.

All leases are different though, mine was very relaxed and the owner never visited him in the whole time I had him. I just sent her emails every now and then to let her know how he was, but if I hadn't done that I doubt she would have bothered to check. In fact when I tried to get hold of her to let her know I wanted to return him I couldn't contact her and she had changed her phone numbers. I ended up leasing him to another girl and explained that I didn't own him and couldn't contact his owner but would put them in touch with each other when I heard from her. 2 months later the owner finally made contact and I let her know where her horse was. It could have gotten messy but she was fine with it, I don't think she really cared who had him which I found a bit sad.
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post #12 of 17 Old 07-14-2013, 07:02 AM
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Join Date: Sep 2012
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Quote:
Originally Posted by MsLady View Post
So I guess my question is, if you are paying for all the care, feed, boarding and a fee to the owner is it not cheaper in the long term to buy your own? I guess I am still missing something.
Well, no. If I owned the horse, I would still be paying the exact same amount because I have a free lease. As for those who ay a fee to lease the horse, I can't comment. I guess it wouldn't add up to being any more than if the person was, say, riding at a barn a couple times a week.
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post #13 of 17 Old 07-14-2013, 08:16 AM
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Join Date: Jun 2013
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I lease, but I only half lease my horses.
I'm not responsible for any of their care or feed payment, but I pay a set amount per month for a certain amount of days to ride.

I like it because it's much cheaper than owning my own horse, plus it gives me the opportunity to ride more than one horse at a time.
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post #14 of 17 Old 07-14-2013, 08:49 AM
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Join Date: May 2013
Location: Louisiana
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Originally Posted by tinyliny View Post
funny how you call it a "free" lease. how is it free?
Around here anyway a free lease means that while you pay the expenses associated with the horse's care, you do not have to pay the owner an additional fee to use the horse. You don't have to pay the purchase price of the horse, but you do have to pay for more than just its care.

It can be difficult to find someone willing to do a paid lease (I think that's the term?) unless you have a particularly stellar horse that would be in high demand though. Most people are understandably unwilling to pay for more than just the horse's care!
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post #15 of 17 Old 07-14-2013, 09:03 AM
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Join Date: Feb 2012
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One of my horses is off on a 'lease'. She's being used by someone who had back surgery several months ago. The person having the back surgery was told by her doctor that she could start riding again if she could find a calm, well-mannered, non-spooky horse. That is the exact description of Leah.

The benefit to me? My horse is getting a daily workout by someone who knows how to ride. Leah has arthritis so it's important to ride her daily. She's also getting pastured in a five acre farm that needed to have a horse or two to keep it grazed.

The benefit to me? I can allow my own pasture to have a bit of breathing room since there's one less horse grazing. That means I can keep the remaining horses off one pasture and let it recover for several months. Plus, Leah gets ridden every day and gets attention from little kids (turns out she LOVES being ridden now that her arthritis is under control, and she is especially happy when she has little kids being leadlined).

Leah's only about 20 minutes away from me, and I can go see and ride her any time I wish. Works for me, the person who's taking care of Leah, and Leah herself!
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post #16 of 17 Old 07-14-2013, 09:17 AM
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Join Date: Jan 2010
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I have 1/2 leased a horse and it worked out well. I got to ride about twice a week and paid a certain amount. We worked out a schedule and it was certainly much less money & responsibility than owning a horse. Plus, if your circumstances change you don't have to worry about selling your horse. Also, it benefits the owner because their horse is getting much needed exercise and help with the costs of horse ownership!!
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post #17 of 17 Old 07-14-2013, 01:49 PM Thread Starter
Yearling
 
Join Date: Apr 2013
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Thanks everyone! I really appreciate all the responses, it now makes perfect sense to me.
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