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Buying vs. Leasing Guide

Compare the financial and practical tradeoffs of buying vs. leasing a horse.

Buying

Purchase price

Monthly board

Monthly care (vet, farrier)

Expected resale value

Monthly lease payment

Lease duration (months)

Comparison period (years)

$30,800

over 3 years · $856/mo avg

$14,400

over 3 years · $400/mo avg

Difference (buying minus leasing)$16,400