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Lease costs

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Last activity 2016-02-25 5:05 PM
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Tys-ol-lady
Reg. Nov 2012
Posted 2016-02-19 7:23 PM
Subject: Lease costs



Elite Veteran


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I have a solid 2D barrel horse for sale (won 3rd in the 1D in a small series in the fall), but I'm honestly not real keen on selling him because I really really like him, but just want more of a solid rodeo horse. I've had a few people ask about leasing him and it's something I'm kinda considering, but I have no idea what to charge. He requires yearly injections, and needs the chiropractor on occasion, but other than that he just needs to be kept in shape and he'll do his job. I'm thinking all expenses (including insurance) would be up to the person leasing him, as well as a monthly fee?
Does anyone have any insight on this? We live close to a college with a rodeo team, and both of the girls wanting to lease him are wanting to use him for college rodeo... I would be able to check on him every time I go to town for groceries.
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Fairweather
Reg. Jan 2004
Posted 2016-02-21 6:17 AM
Subject: RE: Lease costs


Military family

Twin Sister to Queen Boobie


Posts: 13315
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Location: East Tennessee but who knows?!
 A friend of mine leases her lesson horses. She does a year long, on site, half care lease. They sign a code of conduct agreement. They pay $250 a month. She's always got horses leased out. 
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cheryl makofka
Reg. Jan 2011
Posted 2016-02-21 9:47 AM
Subject: RE: Lease costs


The Advice Guru


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With insurance, maintance fees, plus a monthly fee, that is expensive.

Shoeing can cost 150-300/month, and do they have to use your farrier?

Chiropractor can cost 100-125 session, and do they have to use your chiropractor?

Supplements, is he on any, do they have to continue your feeding regime? What is the cost of this monthly?

Injections, what if he needs them more often, and do they have to use your vet, do you care what they inject in?

What are you willing to do if you believe his needs are not taken care of to your standards? Are you going to remove the horse immediately? What happens if you remove the horse right after the lessee has him injected? Will you reimburse them for the injections?

I did a free lease on my old guy all they had to do was keep up with injections, the horse was placing in high school rodeo, and they couldn't be bothered to keep up on his injection regime. They were ****ed when I wouldn't send him back in the spring. This was a horse who placed in all but 2 runs.

I won't do a lease again.
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Tmain
Reg. Sep 2013
Posted 2016-02-21 12:04 PM
Subject: RE: Lease costs


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Posts: 154
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I would love to lease a nice horse, but truly understand why some one would not do so.

Financially I can't afford a new horse at the moment, but could afford insurance and needs of another horse.

In fact the whole reason I have a 2 year old and one on the way this year is because I had planned on having a back up horse. Unfortunately, my need for a main horse came a little earlier than anticipated.

So I will just concentrate on getting my 2 year old started and plan on waiting two more years to show.
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highonsugar
Reg. Nov 2003
Posted 2016-02-21 6:48 PM
Subject: RE: Lease costs



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Location: South MS
Be extremely picky!!  Cheryl had great questions (the answers that you need to consider!).  Good luck.  I've considered leasing out my mare - I love her but she's push style and I'm not........but I have decided I'm way too picky about care of one and would want to be close to her and drive the person leasing up a wall.....! 
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FlyingJT
Reg. Jan 2014
Posted 2016-02-22 10:13 AM
Subject: RE: Lease costs



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I asked this a month or so ago and after talking to a few people, decided that I would just lease the horse out for no few but they cover all expenses, pay me for the insurance(that way I know its paid), and that's it. By the time the insurance is paid, feed bill, maintenance to keep them running, it's up in upper hundreds of dollars. I'm out no expenses, my horse is covered for loss, and he is being taken care of.

Edited by FlyingJT 2016-02-22 10:14 AM
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Skipshooter
Reg. Nov 2012
Posted 2016-02-25 5:05 PM
Subject: RE: Lease costs


boon


Posts: 3
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My daughters horse passed away last spring and I just didn't have the time or money to find another horse for the season. I found a free lease on a nice horse for her for the summer. We paid for all of the farrier and vet, transportation costs and insurance, as well as feed and board. This is the second time I've done a free lease on a horse and it worked out great. We returned the horse to the owner at the end of the season and have since found my daughter a new horse. Happy ending!
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