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Twiggy Shiner asked in PetsHorses · 9 years ago

How Much Would You Guys Charge?

I'm looking to half lease my gelding and was wondering what a good price to charge is. The barn's board is $250 a month and it covers everything. His feet get done every 7 weeks at $25. The barn has a large indoor and outdoor arena as well as 80 acres of trail riding just down the road. It would have his tack in it too (his saddle was special fit). She'd only be allowed to ride 4 days top a week. I'd allow her to take him to shows and stuff with permission. What do you guys think?

10 Answers

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  • ?
    Lv 6
    9 years ago
    Favorite Answer

    generally a half lease is only $150 per month. I think that at most you could try and get away with $185, but most half leases are everything that you mentioned she would be allowed to do (with out the needing permission for shows) and cost $150. (a full lease ranges from $300-$450)

    But, if you do $150 for 3 days(you could even arrange a time for when they ride), you could lease to TWO kids/people; if they are wanting to show, then that would not be a good leasing situation though.

    Good luck!

  • Anonymous
    9 years ago

    I would charge half of everything and she does half of everything. Vet bills half farrier half.

    Now if she wants to take him to shows, that's at her expense and a two week advanced notice in writing where they are going and that they assume responsibility for his well being, and any injuries or illness occurring from the time he leaves the barn until 24 hours after he is returned will be their responsibilities vet bills included.

    Cover your bases before you agree

  • 9 years ago

    As an accountant, I think you should annualize the cost of boarding and your farrier. When I used the amounts you listed, I calculated your annual expense for both to be $3185.70. Then, since your agreement allows her to ride four days of the week, I divided that amount (by the number of calendar days-365) and came up with a daily expense of $8.73. Four days a week, multiplied by 52 weeks in a year, means she'll be riding 208 days. The daily expense--$8.73 multiplied by 208 days, comes to $1815.84 per year. Then dividing that by 12, gives you a monthly cost amount of $151.32. That's how I calculate things, I hope you understood my methodology (if you want to how, message me and I'll explain) and it's helpful to you!

    Just a suggestion....I think you should also discuss insurance and/or liability issues (what happens in she gets hurt on your horse? if she causes an injury to the horse? Who's responsible?????) because things like that can cause a NIGHTMARE! When it comes to protection, it's better to HAVE it and not need it than to NEED it and not have it!

    Good Luck!!!

  • Finley
    Lv 7
    9 years ago

    depends on the riding time.

    4 times a week is a lot.

    going rate is usually $25 per ride.

    but since your board, etc is cheap, I'd go with:

    75% for 4 times a week

    50% for 2 times a week

    $25 a ride for 1 time a week

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  • .
    Lv 7
    9 years ago

    I will never understand YA!...

    Lease prices aren't based upon the cost of the facility. They are based upon the value of the HORSE.

    What does the horse do? What is his current market value? What you are describing is a free lease, where she just pays for some of his board costs, but nothing for the horse itself. If that is the case, then half of whatever his routine maintenance costs sounds fine.

    Generally speaking, a horse that's worth, say, $65k can be leased for $40k annually. That's for a full lease.. Adjust your prices accordingly. Further, the horse is insured for full medical and mortality with the loss payee being the owner. The cost of the insurance is picked up by the leasee.

    Regardless of what you decide, get a contract, in writing, signed by both parties.

  • sherie
    Lv 4
    5 years ago

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  • 9 years ago

    Make her pay at LEAST half of board. She's getting more than half the riding time.

  • Riz-a
    Lv 5
    9 years ago

    Well, half of that is $125- sounds like it's reasonable to me.

  • Anonymous
    9 years ago

    I would just make her pay half of everything

  • Anonymous
    9 years ago

    I'd charge something like $1000 a month so that way I would discourage any riff-raff from wasting my time.

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