How much money should you have before you start looking for a horse?

The Good, The Bad, and the Ginny: How much money should you have before you start looking for a horse?
I know it’s probably well into the thousands, and I know they need upkeep and emergency vet money and all that, but I’m just curious. How much money should you have before you start looking? I heard that $ 5,000 is the minimum.

How much money should you have before leasing a horse?

Thanks! (:

Answers and Views:

Answer by mulewrangler
i feel comfortable with between 2000 and 5000

Answer by racey-pacey
Enough money to know that you will be able to pay for what ever is thrown at you. It’s not just for a year or two, it could well be 20 years and beyond. So it’s not having money in your pocket for now, that amount of money has to be found every month and every year of the horse’s life. You should really think hard on this problem.

Answer by kimberly lee
Full loan or part loan?
If it’s only part, you won’t need as much but lets imagine you are fully loaning this horse.
Work out a draft of how much it’ll cost you:
Farrier once every 6 weeks, that’s around 8 times a year. Work out the price.
Then add your feed and bedding costs as an average.
Tack, insurance, livery if you need it.
Add all this up…
Then add at least one thousand for emergencies.
This is your rough guide.
Of course it depends on prices near you, the scenario and the horse.

Good luck if you do get one, you lucky thing!

Answer by run_lexi_run
Im going through the same thing. Im sick and I was working out a list of what I need. If you want to lease a horse, and you ride at a barn where a horse is available for lease, ask if you can help out to get a lower price on the lease. If you need to lease a horse to keep at your house, you need to find the verage price per month. Now if you want to buy a horse, just start looking now. Once you find the average price of horses you are interested in, type up a list of what you need (halter, board, lead,feed, ect.) and then add up the total. Once you get the price, ask your parents if they would pitch in to start your savings. When I added up all the stuff I thought of, it was about $ 7000. I would say at least $ 4000….hope this helps(:

Answer by panda
Sometimes you can get lucky and get a good horse and a good horse breed for only $ 400-$ 800.
I was lucky and got two Tennessee walkers for only $ 700.
Their both pure broke,very loving,very fun to ride.
But its best to save at lest $ 2000 when you start looking for a horse.
Now getting all what the horse will need is a different story. Go to the farm store and start adding.

Answer by HorseLover
A couple thousand. And a steady income.

Answer by ♥ Grover ♥
I would say around $ 3000 to $ 5000 is a great start. 😀

I am saving up $ 6000 just to make sure I buy that “right” horse 😉

On the leasing, it depends on if you do a full lease or a half lease. The prices vary from state to state from barn to barn. Ya know? At my barn, A full lease is $ 300 a month and a half lease is $ 150 a month.
You could save up $ 300 for a full lease for a month or a half lease for two months unless your parents are helping you out or you have a steady income.

Hope I helped! 😀