Wednesday, July 29, 2009

How much would it cost, initially, to buy a horse, and how much would it cost, monthly, after that?


Answers:
That depends on the quality of horse you buy, the quality equipment, if you board it and where or if you keep it at home, if your property is horse-friendly or not, if you have any existing horse equipment (blankets, brushes, stall cleaning materials, etc.). If you plan to keep it at home on a property that is not horse-ready, look to spend probably 20,000 + to make it safe. You will need a barn or run in shelter, appropriate fencing for large paddocks, running water where the horse will be kept, possibly a tractor and manure spreader if you have fields to spread it in, an arena to ride in if you choose... If you did all of this it would likely run you well over $100,000 initial cost, as farm equipment is very expensive.
If you chose to board it or your property is completely ready for a horse, then it would be significantly less. Boarding facilities range from about $175 a month if you're really lucky to over 1,500 a month. Most places tend to be in the 300 range, but also this depends on your location. The Midwest from what I have heard tends to be the least expensive area in the nation from most things, but it varies.
On top of board each month, you will have farrier bills (every 6-8 weeks most likely), possibly vet bills, possibly supplement costs if your horse needs them, and possibly the cost of lessons if you choose to take them. All of this will probably run you around $2-500+/-, but I find that that amount is a good buffer to have per horse. What doesn't get spent can be saved for at least annual vet visits for shots and coggins etc, and possible emergencies.
On your initial buy, figure in the cost of a vet check that you really ought to have done as it will let you know if the seller is telling the truth that the horse is sound and healthy. Also plan for around $1,500 to get a half way decent saddle and a few extra hundred dollars for bridle and girth or cinch and pads. The initial cost can be expensive, but so is annual upkeep. Like I said it ranges, but I usually figure 4-5,000 annual cost.
Good Luck!
If you have to ask, you can't afford it.
Initial cost- depends on the horse. Horses can cost anywhere from free to hundreds of thousands of dollars. Price depends on age, training, breed, health, show experiance, conformation, quality, bloodlines, location, etc.
Keep depends on where you live, the type of riding you do, and what kind of horse you have. Boarding can cost from 100 dollars to over a thousand a month... On average for a full care barn you are looking to spend from 200-500 a month. Every horse needs ferrier visits which are at least 25 dollars ever 6-8 weeks, routine vet work, brushes and other equipment, etc. Your equipment depends on what type of riding and horse you get, a saddle can be anywhere from a couple hundred dollars to a few thousand...You will need lessons (I am a strong believer in everyone should take lessons for at least a couple years if they own a horse or plan on owning), lessons cost about 25-40 dollars a time.
More details would be helpful. What type of horse and riding you are interested in is important.
it can cost about any price from $100-#10,000 dollars
its really up to you how much you want to spend on your horse
Purchase prices vary widely depending on a number of factors: age of the horse, amount of training, skill in a specific discipline, conformation, breed, pedigree, and temperament all play a part in price along with the region where the horse is located. For instance, you might find an off-track TB for around a thousand dollars, but a Thoroughbred that never raced and has pinned at major horse shows in the U.S. could easily go for around forty or fifty thousand dollars. Warmbloods with wins in the Grand Prixs and high caliber breeding can go for as much as half a million dollars or more. If you're looking for a simple pleasure horse or something to do the lower level shows with, expect to pay anywhere from five to twenty thousand dollars. The more expensive horses will have the better breeding, training, and conformation. If you're a beginner, I recommend leasing a horse before buying.
After the purchase, the main expenses will be board, shoes, vaccinations, and worming, plus any equipment you need. Board varies dramatically based on where you live and what services the barn provides. I've seen working board in the Midwest go for as cheap as $75 a month, while full service care at a top facility in South Florida during shoe season can be as expensive as over two grand a month. Inquire at local stables and visit the facilities you're interested in to learn the prices. Shoes will cost anywhere from $50 to over $300 every 4 to 6 weeks. Vaccinations will be a couple of hundred bucks each year. Worming can be done in several ways, but will always be close to a hundred or more for the year. I also recommend insuring your horse, which can be several hundred dollars each year but will protect you if the animal ever dies, becomes seriously ill or injured, or is stolen.
well put it this way we have 2 credit cards that we use stricly for horses only,as for the price of the horse i bought one last week for 50.00,and a week later i've put in about 400.00,just vet,farrier,special food [shes real skinny]and as far as board depends on if hes kept at your house or a barn,your house- they can tear stuff up,fences etc...some even eat your house...lol...i think i'd be semi rich if i choose money over horses,to me the most expensive has been the vet,i have 5 horses and they all get ALL the shots a horse needs/should have and thats 85.00 each the farrier is 30.00 each,food about 150.00 every 2 weeks..and god forbid someone gets hurt,hope you have a couple of good jobs
I think most have answered this question pretty well. Another really great option if owning is cost prohibitive is leasing a horse. You pay for 1/2 the board fee or all of it depending upon the arrangement...
I had a 1/2 lease on a Hanovarian gelding for 5 years. I got to ride him 3x week but it turned into more and I showed him - (paying all of the show and my trainer fees of course). I never paid a vet bill or a farrier fee. The result is I got to show a great horse(that was worth over $30,000) and we won alot of titles.
Leasing is a great way to get a taste of horse ownership without biting off more than you can chew. Most stables/trainers may have horses that may come available for lease due to riders going to school or getting pregnant, etc. I would check into that.
Good luck!
A GOOD, TRAINED horse is gonna cost you about at LEAST $2,000 if u find a deal...
Im not sure how much a month, but my horse is about $3500 a year to take care of.
This includes board, shoes every 6 weeks, vet bills, dewormer, tack, etc, etc, etc.
Im warning you, horses are VERY fun to own, but also VERY expensive, and the $ dont stop.
Good Luck!
The kind of horse you would be looking for usually costs from 2 to 10 thousand. Yes, that's JUST the purchase price.
After purchasing a horse, you will be spending alot more money. Your horse needs somewhere to stay. If he will be staying at your home, you must have around two acres (per horse) that are fenced in (with proper fencing, NO barbed wire.) You will need a run in shed in your pasture, and possibly a small barn, which is its own expense (you have to buy materials and pay someone to build the barn, install water, electricity. If you have stalls, they need bedding, which must be replaced once soiled.) You will need to purchase things like blankets, feed buckets, water tubs, a first aid kit, feed, and hay. You have the responsibility of keeping the pastures in good order, the barn clean, and watching and caring for your horse(s) every day. Even if you plan on boarding your horse (which costs anywhere from $100-500) you will still need supplies like brushes, tack, supplements, etc.
And, no matter where your horse is kept, he will have to see the vet and farrier, even if he isn't sick or doesn't wear shoes. Also, many people insure their horses- just one more thing to pay. And if you want to improve your riding, you will need lessons, which cost $40-70 per lesson, depending on where you live.
So, as you can see, horses are a HUGE financial commitment, and will not cost the same every month. You have to have a pretty flexible budget in order to foot that emergency vet bill and to repair the fence that your husband accidentally drove through.
Of course, every horse is going to have a different cost because of their unique needs, but they say that the average cost of keeping a horse is $3,000 a year- But you have to keep in mind that horses are an ongiong commitment- you are always buying. So, seriously consider if you can handle this financial and time commitment, beacause if you can't, it is not fair to you, your family, or your horse.
it all depends on each horse, the food, the barn etc.
if you would e-mail me with details (what kind of horse you would like, the barn you want to keep her/him at and the food you want to feed him/her, and the extras) i can help you out!
love.malachai@yahoo.ca
A horse can range anywhere from a couple hundred dollars to a couple thousand dollars. Depends on the type of horse your looking for. And it is very expensive to keep a horse, not only do you have to pay to have it boarded, but you also have to pay for feed and believe me vet bills are not cheap for a horse! If you don't have alot of money then a horse is not the pet for you!
For a decent horse prices start at around $5000, but can go upwards of $50,000. Boarding typically costs between $200-$400 monthly depending on how nice the facility is and how much work they do with your horse.
It depends on what kind of horse you want to buy - some are free, while the champions can be $100,000.
And it also depends on the monthly issue of weather you are keeping the horse at your own barn or another barn. Other barns' prices vary.
Overall, the upkeep of a horse is MUCH more expensive than the initial cost.
Each horse costs different because a horse that is an easykeeper is going to cost as much as a horse that develops health problems later on. You would need to decided how much money you are willing to spend every money before you get the horse, because there are some thing that your horse would not be able to do with out. Like a farrier and being wormed.
Depends on what kind of horse you want or what you plan on doing with it. My family has 23 almost 25 horses and the one we bought are rodeo horses that cost a tonne! Horses are really expensive especially if you have rent a place to keep them, buy all the food, medicals bills always bring people down because they are usually unaccounted for and unpredicatable.
If your looking to buy your first horse you might want to go with an older quarter horse around 6 or 7, and that might cost you, depending on its breeding, 2000 dollars. Renting a stall about 400 a month, hay 5 bucks a bale - so 35 bucks a week, straw 35 bucks a week, grain 20 bucks a sack - maybe a 100 bucks or more a month. So for each month without medical bills your looking at 2,180 a month.
A good horse can be anywhere from free to millions of dollars. It all depends on the horse, it's personality, its training, its breeding, its age. It can be amazing what sorts of horses you can find for what prices!
Note: All prices are approximations based on New Hampshire
Hay: ~$5 a bale (depending on the horse and turnout, they need about 1/2 bale a day)
Feed: ~$10 for 50lbs (as far as frequency of purchase, depends how much the horse eats and how easy a keeper it is)
Shavings: ~$5 a bag (need depends on stall size and how messy the horse is)
Board: ~$250-$500 a month depending on facility
Farrier: $50+ every 6-8 weeks (varies greatly depending on the needs of the horse)
Vet: ~$100+ (annual shots)
Wormer: ~$10+ (depending on what you use)
Infrequent expenses:
Vet emergency: varies depending on what happened
Grooming tools: $2-$10
Saddle: $200+
Bridle: $50+
Stirrups: $40+
Stirrup leathers: $30+
Girth: $50+
Halter: $20+
There are also assorted things like flymasks, flyspray and other things that come up. Plus you also need proper riding gear, a helmet, etc.
It is impossible to estimate the exact cost of a horse because there are too many variable factors. Hopefully this list helped you a little bit!
To save money, you could look into used tack, just make sure you know what to look for, especially with saddles. Also, look into leasing, that is a way to cut out some of the costs associated with horse ownership!
Good luck!

No comments:

Post a Comment