The Advantages to Buying Rather Than Leasing a Horse


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When it comes to deciding whether to buy or lease a horse, the right decision will partially depend on what you’re looking for in a horse and what type of situation you’re in. But in some cases, there are major advantages of buying rather than leasing a horse. Here are some potential benefits to think about.

Permanence

When you lease a horse, that lease often has an endpoint. Sometimes the lease may be terminated by the owner because their situation changes. This may leave you without a mount partway through show season, and you will have to start over by working with a new horse. When you buy a horse, you don’t have to worry that the horse will suddenly be taken away.

Schedule Flexability

In buying a horse, you will have the flexibility to ride and train the horse at any time. You can also decide to take the horse to any show that you like without having to worry about when that show is scheduled. On the other hand, if you lease a horse, you have to consider scheduling. Most leases allow you to ride a certain number of days per week, and you often have to check with the owner to make sure that the horse is available on the day of an upcoming show that you would like to attend.

Sole Control

One particular reason that many people choose to buy a horse, rather than lease, is that when you own the horse, you can manage his care and training in whatever way you see fit. If you lease a horse from an owner, even if the lease is a full lease, that horse’s care is still managed by the owner. You can’t make any major changes, such as feed adjustments or trying out a different style of horseshoe, without clearing it with the horse’s owner first.

Investment

In some instances, buying a horse may actually be an investment. If you are a talented rider or trainer, you can sometimes increase a horse’s value by putting miles or training on him. If you later on sell your horse, he will fetch a higher price than he did when you initially bought him. If you’re leasing a horse and you put training and experience on him, those benefits don’t come back to you after the lease ends. You may have increased the horse’s value, but you will not see any financial benefit from it.

In some cases, it may make sense for you to look for horses for sale rather than trying to lease a horse. It all depends on what you want to get out of the situation, though. Think carefully about which option is right for you.

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