Buy a Horse For Under $5000

Is there really any such thing as a cheap horse?training.
I have been involved with horses for over 50 yearsSo our yearling now involves an investment of:
and I get the same question from so many people;$1750 + $1030 = $2780
"how do I buy a cheap horse" and my answer isAdd about $1000 for each year:
always the same; "you can't". Are there exceptions? IColts should not be started before 3 years of age, or
am sure there are, but let's look at what is involved intheir useful lifespan will suffer.
breeding and raising a foal both the time and costs.$2000 + $2780 = $4789
- Price of mare $2500 / 10 foals = $250, now it couldOh, you want a trained horse?
be more, but not less, I am assuming you want a goodIn my area training runs at least $750/month, so there
quality horse.is another $1500 to get the horse "green broke", want
- Cost to care for mare while in foal $1000, for hoofa little more reliability then add on more training. Gee it
trimming wormer, shots, feed and grain, again alooks like our horse costs more to raise than what you
minimum does not include housing costor I want to pay, so what to do?
- Cost of stud fee usually at least $500Older horses are an option, as they are usually
So we have $1750 in just the mare expenses nothingcheaper, but that is sort of like getting an old dog,
for the labor involved, no vet bills, so we then areyou're going to have to say goodbye to them sooner
ready for the live foal which arrives and again no vetthan you would like, so if that bothers you, then better
expenses, for mare or foal, so far so good, now let'sstay with a younger horse and have more years
raise that foal for one year.together.
1st Year costs:Because of the economy you will find more bargains in
- Hoof care $180the horse industry right now than at any other time
- Feed cost $600that I can remember, so you may want think about
- Healthcare; shots, wormer, $250buying a horse before that window of opportunity
Again no costs factored in for labor which nowcloses.
involves not only feeding, but also cleaning the stall, and