Buying a First Horse/ Costs of Horse Ownership

buying-a-first-horse2Buying a first horse is a major decision and there are many factors to consider before taking on the responsibility of horse ownership. Owning a horse can fulfill a lifelong dream and be one of the most rewarding experiences a person can have. It can also be one of the most expensive lessons one may learn if they go into it blindly. The following are the costs involved when buying a first horse that you should know in order to make an educated decision.

Initial Cost of the Horse: This all depends on what area you live in and what you are purchasing the horse for. The price could range anywhere from $500.00 on up into the thousands. For a trained horse that will be used for leisure trail riding you can expect to spend around $1,500-$3,000.