How much is YOUR lease? - Page 2 - The Horse Forum
 7Likes
Reply
 
LinkBack Thread Tools
post #11 of 21 Old 04-29-2016, 07:57 AM
Yearling
 
Join Date: Jan 2012
Location: Calgary, AB, Canada
Posts: 979
• Horses: 1
Depends.
A very well trained horse, especially show ready, will be more expensive to lease.
Also, if the owner "gets" something out of the lease (e.g. free training, show exposure), the lease is generally cheaper.
The fancier the facilities (e.g. heated arena), the more expensive the lease.
Then there is the free lease that Tihanna described, sometimes with modifications (e.g. owner pays for vet care).
In the end, it all comes down to an individual agreement between the leaser and the owner.

Whatever you do, it is very important to have a good contract that covers e.g. emergency vet care.
If you are on a tight budget, a free lease might not be the best option, since there can be hidden costs (like e.g. higher maintenance, special feed/supplements, vet and dental care etc). I would probably just stick with a regular half lease and know what you are committing to financially. I don't know your area, but it should be possible to find a good half lease for general riding for <$400 a month.
Regula is offline  
post #12 of 21 Old 04-29-2016, 08:09 AM
Started
 
Join Date: Sep 2015
Posts: 2,246
• Horses: 0
I think you could find a horse to lease/board for $400/month, depending on your area. If you are in a larger metro area, no. I looked into boarding around me and it was anywhere from $200/month for pasture during the day, stall at night, to $500/month. Obviously the upper end pricing was for a more serious facility w/ indoor arenas, etc.

My only concern if you ONLY have $400 a month to spare is you don't have much wiggle room for the farrier & vet.
3rdTimestheCharm likes this.
Jan1975 is offline  
post #13 of 21 Old 04-29-2016, 12:02 PM
Foal
 
Join Date: Feb 2014
Location: St. Louis, MO
Posts: 70
• Horses: 1
I leased a horse for over a year and a half and was lucky to have a really good experience with it. It was an onsite lease where the owner wasn't getting out enough to ride and didn't want her horse becoming a pasture ornament type thing. At the time she was paying $300 for board and still wanted to ride a few times out of the month. She figured 30 days in a month= $10 a day in board. She wanted to ride 5 days out of the month since thats all she really had time for so I paid $250 a month in board for basically a full lease except the five days a month and she paid the remaining $50 board. I covered farrier and we switched off on who covered vet. From what I've seen I was very fortunate to have found this situation as I've seen that some pay much more than that for a full lease. We signed contracts of course but it was a very laid back situation as a whole. The owner was not looking to make any sort of profit she just wanted her horse to get the use she could not give him at the time. So if we were doing a half lease in that situation the price would've been $150 a month.
ottbjumper is offline  
post #14 of 21 Old 04-29-2016, 12:35 PM
Trained
 
Join Date: Aug 2013
Location: Colorado
Posts: 8,228
• Horses: 1
I think you're getting confused with the term 'free lease.'

Typically, in my area, the term "Free Lease" only applies to someone taking a horse off the properly. For example, an individual will 'give' you their horse for 'x' amount of time. It can be kept at your home, at your chosen boarding facility, etc. During the agreed upon time, the person leasing the horse is responsible for all bills. Farrier, vet, board, training, etcetc. This may come with stipulations (you must feed x food, or you cannot leave your property, or you must use x vet, etcetc) but often does not.

"Half Lease" is usually at the owners chosen barn or facility.
This usually dictates 2-4 rides a week, and is very often half the board. Typically, the owner is still responsible for vet/farrier.

"Full Lease" also takes place at the owners chosen barn or facility.
Usually this means free access to the horse, but can sometimes has a cap (no more than 6 rides a week, for example). In this situation, sometimes the owner is responsible for vet/farrier, but it is usually the person paying for the lease.

All of these usually involve a contract to protect both the owner and the individual paying for the lease.

The sensitivity of the internet baffles me.
Zexious is offline  
post #15 of 21 Old 04-29-2016, 11:08 PM Thread Starter
Foal
 
Join Date: Mar 2016
Location: Chicago, Illinois
Posts: 105
• Horses: 0
Quote:
Originally Posted by Jan1975 View Post
I think you could find a horse to lease/board for $400/month, depending on your area. If you are in a larger metro area, no. I looked into boarding around me and it was anywhere from $200/month for pasture during the day, stall at night, to $500/month. Obviously the upper end pricing was for a more serious facility w/ indoor arenas, etc.

My only concern if you ONLY have $400 a month to spare is you don't have much wiggle room for the farrier & vet.

Well I'm not looking to lease soon. I was just trying to understand the difference. I live in Chicago but take lessons in Indiana where it's obviously not so city like. I think going in I would want a budget just for lease/board and have cushion for emergency expenses or the things you've listed. Ya know? If I go in saying oh I don't mind leasing for $1,000--I then would wonder about my wiggle room!

But I want and need more training before leading for sure. It's just great to know those options ! :)
Zeidant2 is offline  
post #16 of 21 Old 04-30-2016, 10:31 AM
Foal
 
Join Date: Dec 2011
Location: Midwest
Posts: 184
• Horses: 3
So does anyone know of a good site to get a copy of lease agreements?
Horsnaround64 is offline  
post #17 of 21 Old 04-30-2016, 01:09 PM
Started
 
Join Date: Sep 2015
Posts: 2,246
• Horses: 0
Quote:
Originally Posted by Zeidant2 View Post
Well I'm not looking to lease soon. I was just trying to understand the difference. I live in Chicago but take lessons in Indiana where it's obviously not so city like. I think going in I would want a budget just for lease/board and have cushion for emergency expenses or the things you've listed. Ya know? If I go in saying oh I don't mind leasing for $1,000--I then would wonder about my wiggle room!

But I want and need more training before leading for sure. It's just great to know those options ! :)
Boarding is $$$ in the Chicago area. I'm not sure how far out you'd have to get for it to be cheaper. We are about 2 hours from Chicago.
Jan1975 is offline  
post #18 of 21 Old 04-30-2016, 01:24 PM Thread Starter
Foal
 
Join Date: Mar 2016
Location: Chicago, Illinois
Posts: 105
• Horses: 0
Quote:
Originally Posted by Jan1975 View Post
Quote:
Originally Posted by Zeidant2 View Post
Well I'm not looking to lease soon. I was just trying to understand the difference. I live in Chicago but take lessons in Indiana where it's obviously not so city like. I think going in I would want a budget just for lease/board and have cushion for emergency expenses or the things you've listed. Ya know? If I go in saying oh I don't mind leasing for $1,000--I then would wonder about my wiggle room!

But I want and need more training before leading for sure. It's just great to know those options ! :)
Boarding is $$$ in the Chicago area. I'm not sure how far out you'd have to get for it to be cheaper. We are about 2 hours from Chicago.

Really?! We're only 2hrs away! Ha. You live in illinois?!

I take lessons in Crown Point which is only 50 minutes. Could be better could be worse. Chances are high that I would lease out there. It's cheaper in Indiana and not terribly far!

For example. A one hour private is $35 there. For HALF hour private anywhere near where I live is 60$
Zeidant2 is offline  
post #19 of 21 Old 04-30-2016, 01:39 PM
Started
 
Join Date: Sep 2015
Posts: 2,246
• Horses: 0
We are to the west. $35 a lesson isn't bad at all!
Jan1975 is offline  
post #20 of 21 Old 04-30-2016, 01:40 PM Thread Starter
Foal
 
Join Date: Mar 2016
Location: Chicago, Illinois
Posts: 105
• Horses: 0
Quote:
Originally Posted by Jan1975 View Post
We are to the west. $35 a lesson isn't bad at all!
Nope. It's awesome
Zeidant2 is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the The Horse Forum forums, you must first register.

Already have a Horse Forum account?
Members are allowed only one account per person at the Horse Forum, so if you've made an account here in the past you'll need to continue using that account. Please do not create a new account or you may lose access to the Horse Forum. If you need help recovering your existing account, please Contact Us. We'll be glad to help!

New to the Horse Forum?
Please choose a username you will be satisfied with using for the duration of your membership at the Horse Forum. We do not change members' usernames upon request because that would make it difficult for everyone to keep track of who is who on the forum. For that reason, please do not incorporate your horse's name into your username so that you are not stuck with a username related to a horse you may no longer have some day, or use any other username you may no longer identify with or care for in the future.



User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Old Thread Warning
This thread is more than 90 days old. When a thread is this old, it is often better to start a new thread rather than post to it. However, If you feel you have something of value to add to this particular thread, you can do so by checking the box below before submitting your post.

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Similar Threads
Thread Thread Starter Forum Replies Last Post
Thoroughbred Available for Lease full or Part Lease Horselover1994 Horses for Sale 0 06-29-2014 01:36 PM
Looking for a summer horse lease/half-lease in the Chicagoland area laurachristine Horses for Sale 2 03-22-2013 10:46 PM
Irish Sport Horse - To lease or not to lease? Horsey and Holistic Sport Horses 4 09-17-2012 07:42 PM
Looking for lease/half-lease in Western Pennsylvania Iseul Horses for Sale 3 06-08-2012 08:47 AM
Looking for horse for lease(preferably full lease) in Maryland! nerdybirdy Horses for Sale 3 03-02-2012 07:56 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome