Horse Lease Fee Thoughts - The Horse Forum
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post #1 of 10 Old 07-09-2020, 01:54 AM Thread Starter
Yearling
 
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Horse Lease Fee Thoughts

I've added up all the expenses and know the daily cost of my horse.

When leasing would you charge for the rest days your horse needs too? Like if they are riding 3 days a week charge them for 4 days worth so the horse gets a rest day?
Or if they are full leasing 6 days a week do you charge them for 7 days?
Which costs would you expect a leaser to pay for and which costs would you expect to pay out of pocket?

It seems like some people lease their horse for less than the actual costs and are just happy to reduce their spending, some people might charge the exact costs, and some may charge more on top of the care, as a use fee for a talented horse.

How would you do it?
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post #2 of 10 Old 07-09-2020, 09:43 AM
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So leasing and sharing are two different things here locally for me. Sharing is more informal, they pay per day. Usually for 1-2 days a week and more ride-focused. If they do chores its cheaper. If they only come to groom/ride its more expensive (obviously as staff or yourself are doing the chores). Rest days as needed in the owners opinion would always fall on the owner. Usually at least 2 weeks - a months notice is in the contract as sometimes the owner isn't in a position to suddenly take up slack. For example my friend was sharing every Sunday for 10. She paid a month in advance. When the horse went lame she still paid out the remainder of the month/2 weeks notice even though the horse could not be ridden. She still turned up, did her chores and helped with the wrapping. It's basically expected if written up, emergencies aside ofc. Many share arrangement aren't even put in writing in my experience :/ Some sharers instead paid for the monthly farrier or for bedding/feed etc...

Leasing is a more formal arrangement and as myself and other horsey ppl in & around London that I've interacted with, they basically are paying on those days for the full ownership experience and have to give more notice. They are more involved in being available for the farrier on their days or being available for vet visits (something like routine vaccinations).

Some options I would consider, assuming a half-lease.

1. They pay 3.5 days. Half-price for the day they and you wont be riding.
2. Tied above.. maybe just charge 2 rest days a month and alternate. Week 1 the rest day is on your schedule and you turn up for chores.. Week 2 rest day is on theirs. Week 3 yours. Week 4 theirs. That way you share "days off".
3. Just take the rest day into your schedule as you are the owner. I couldn't expect someone else to pay for a horse that isn't theirs and agree to not ride it. I mean you could but most people I've met are very ride-focused and probably would feel entitled.

Again just my experiences and how I would go about a half-lease and from those I've encountered.
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post #3 of 10 Old 07-09-2020, 01:58 PM
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I've not seen leasing here include care except on the days the lessor is riding and it is a DIY. Then they would do the care that is expected at that time of day. Now if they ride at a time that care is not being given then it is all on the owner but the lessor is not expected to make multiple trips to do chores. Their lease price is based on their ride time and the cost to keep the horse. leasing school horses is different than private leasing as lessons typically are included in leasing the school horse which can make them more expensive than if you don't take lessons and just lease to pleasure ride.

Some horse people change their horse, they change their tack and discipline, they change their instructor; they never change themselves.
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post #4 of 10 Old 07-09-2020, 02:18 PM
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Just to answer your first question, at my barn a half lease is three days (two lessons and one hack) and a full lease is six days. So the horse always gets at least a day off every week. It's not written up as four days but you don't get one of them, or three and a half days. That would just be confusing.

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post #5 of 10 Old 07-09-2020, 02:27 PM
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Here you can ''lease'' with an oral contract. I know ppl that charge 50 euros a month if you ride their horses. You need to help out a bit with filling the drinking water, fixing the fences and minor chores. Those horses you lease for that price are ex race horses. I wouldn't want that kind of lease because I like to go into the woods to trailride and I don't need a nervous racehorse with me You can also make a good deal with horse owners if they know you and know you are a decent rider and will help them out when needed... :)
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post #6 of 10 Old 07-09-2020, 07:35 PM Thread Starter
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The barn we are at includes full services, so there aren't any additional chores to be done, as they are already paid for all in one.

It seems like most people here would assume the cost (or care) of the horses day off on their own.

I guess to me it feels like if they are riding the horse 5 or 6 days a week that they should be involved in paying for the days off when the horse can't be used. If they are using him to the point where someone else can't use him then why should the owner be left having to care or pay for what's left?
I guess in some ways that's rhetorical, being the horses owner is enough a reason.
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post #7 of 10 Old 07-10-2020, 01:23 PM
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Riding twice a day isn't an issue for most especially if one rides am and one pm but many I know ride back to back if that is what their schedules dictate. Full lease pays for most if not all of the horses basic care including boarding. I guess it also depends on the owner and their needs. There could be stipulations or those that full lease means paying for everything but that is typically included by adding up all expected yearly costs and dividing by 12.

Some horse people change their horse, they change their tack and discipline, they change their instructor; they never change themselves.
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post #8 of 10 Old 07-12-2020, 05:02 PM Thread Starter
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I think in this case the horse is doing hard work, jumping several times a week, so I don't think it would be healthy to expect more than 1 ride a day from him.

Is 5 days ever considered a full lease, or 6 days?
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post #9 of 10 Old 07-12-2020, 06:29 PM
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It depends on how it is set up I can see it both ways.

My child's lease jumps twice a week and works hard. If his owner is riding she rides am and he rides pm one of those days and the other she rides early am, he rides later am. Serious competition horse I can see one ride so again just depends.

Some horse people change their horse, they change their tack and discipline, they change their instructor; they never change themselves.
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post #10 of 10 Old 07-12-2020, 06:51 PM
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I have only ever done free leases because I wanted to maintain 100% oversight. I would charge a set fee for x amount of days per week. ie 250 per month for 3 days per week....

I always thought a full lease meant that you were the sole rider of that horse and a half lease meant it was shared....
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