Honestly, I get the impression that this horse will probably be either free or very little to buy. From what I was reading last night (in my state of exhaustion as I worked both my jobs yesterday), ringbone and sidebone are similar to osteoarthritis. If I remember correctly, TheHorse.com had an article that said many horses with either condition can live long lives and even be ridden if they suffer only mild effects.
I do understand horses to be expensive, which is why I'm working two jobs to save up the money (and hopefully will have a raise here in October, which will help). I figured that it couldn't cost me more than $1000/month in general to keep a horse and I was basing that on a very hungry draft horse. My personal expenses do not usually run more than $500, so I would be able to scrape up the other $1000 every month at this point.
I would be boarding and the particular place I'm currently looking at would probably run me $400 or so a month I think. I'm not entirely sure as they do not have prices listed. When I visited earlier this week, I talked with a couple of boarders and I was under the impression that the place was priced within average range for my area. If I guessed the boarding price correctly, that would give me around $600 a month to work with. I'm not sure how much corrective shoes are, but if they average $100 say and are needed every two weeks, then I could spare it. That would give me $400 a month to pay for anything else. I also know my personal expenses would be covered if an emergency came up or I could sell a few highly collectible items rather quickly if needed. I always have people asking me if my second car is for sale.
In a way, if feel a non-riding horse may be better as I have very little free time between jobs and would have to hope the horse is an early riser in general. Granted, I do have three days "off" a week where I'm only working one job, so a horse wouldn't suffer too much for attention.
I do appreciate everyone's opinions, which is why I'm here. I'm just trying to explain my situation a little better. I know even if I bought a horse I could ride this year, I still wouldn't be able to/want to as I am green for riding. I rode maybe ten years ago, a few times. I do not currently take lessons and I know I shouldn't just hop onto a horse and assume I won't get hurt or hurt the animal.
Do you guys/gals really think that a horse such as this one would be a major expense health-wise? I know there's not a lot of information, but let's pretend that his only issues are the side and ring bone and his age. Let's pretend that he is a safe, bomb-proof, easy keeper otherwise. I just hate to pass him up if it would be possible to give him a home is all.