What would the monthly price be to lease a quality event horse with good BE 100 Form?

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Sammy13

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Hi,

Can anyone give me an indication of the monthly price to lease an event horse with good BE 100 Form?

Description:

Stunning 15.3hh 7 year old dark brown Irish Sports Horse mare by Cavalier Two For Joy.
Super paces – good medium trot work, lateral work and started flying changes. Always admired and placed at unaffiliated dressage. Would easily affiliate.
Superb jumping technique – very neat and careful, takes her rider to the fences but is never strong. Currently competing 1.10m.
12 BE foundation points and 1 BE point.
Lovely forward going but sensible hack. Good in traffic and with farm machinery.
Excellent to handle, load and with farrier.
Surrey

Any ideas?

Sam
 
She's sound lovely, is she yours or are you interested in her?
I've looked at leasing in the past and think its about 10% pa of what the horse is worth...?
But on the other hand a couple of hundred pounds a month sounds reasonable to me.....
Not sure I'd pay any more than that for a horse at her stage, as there's all the livery and running costs for a horse that's basically not yours.... Don't really know, but that's my thoughts as someone who's considered it... :)
 
As above, her lease value is diminished by that point, the market for a lease is not really that strong here more people will want a free loan or invest in the purchase unless it is a real schoolmaster at its competitive level, which yours cannot be as it now has to go open or novice. PC and RC have restrictions as well so it not be able to do some teams.

Friends of mine lease a schoolmaster pony, they pay £1000 each year plus its insurance and obviously all running costs. They also bought all its tack and rugs at the start of the lease.
 
I guess the important question is could she go novice? Clearly she has in the past..... Why are you leasing her?
I've an ish mare that I event, looking to step up to novice with her and have considered running 2.
Pm me if you prefer.
 
If she's only got 1 BE point I would expect it to be fairly academic to get her down-graded, particularly so with a change of rider.
 
Doubt she would be eligible for downgrading seeing as the point has to be 2 years old to be downgraded and she is only 7 now making it highly likely that the point would be recent.

She would however possibly be a good BE100U18 prospect seeing as those classes are open to grade 3 and 4 horses (up to 20 points)
 
Topaz Tiger said:
I guess the important question is could she go novice? Clearly she has in the past.....
Click to expand...

Looks like she's chucked in the towel at the most recent 2 of her 3 Novice runs, and that's with a 'pro'
http://www.britisheventing.com/asp-net/Events/Results.aspx?HorseId=86516

Real shame about that point.

Leasing is so uncommon here I wouldn't know where to start, but seeing that she's listed on the PCUK site for a shade under £10k, possibly the 10%/£1k figures mentioned would be realistic?
 
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I'm very impressed with your sleuthing Rhino!

Guess that answers that question then. Looks like she's more comfortable at be100, although shes jacked it in once at be100 as well.

It says she's competing 1.10 currently, presumably show jumping, in which case scope shouldn't be an issue, but maybe bravery is...?

Difficult to know really without more info.
 
As above, leasing isn't really the done thing but when I've suggested people look into it (as it's more common where I'm from) it's almost always for a horse that will either win at a moderate level or give someone confidence at a higher level. The money - such as it is - is really for schoolmasters/proven winners for kids or amateurs who don't have the money to purchase that calibre horse but want to have a season or two 'all out'.

Even in North America, where leasing is more common (although more in hunter/jumpers than eventing) the usual routine is for the horse to be passed along, quite often to another rider with the same trainer.

If the horse doesn't fall into one of those categories it is much more likely to be a 'free lease' or possibly a lease to own situation.
 
Imo, you would.'t lease a horse with that record....you would buy it for about £6k.....it's too small, 'competing 1.10m'presumably means it got 1pt at Novice once....hardly a 'record', and sounds to me like nothing more than a nice PC horse.
 
Leasing is a minefield for the owner. It invariably ends up with a broken horse coming back however you draw up the agreement.
This horse will not be able to lose that point until 2014 at the earliest even then it is hardly a good proposition as a schoolmaster at any level.
 
It's a real shame about that 1 point. Someone might have been interested in it as a 90 or 100 Grassroots prospect, but even if it's downgraded it still wouldn't be eligible to qualify for Grassroots champs.

I came across this when i was looking for something for my daughter as she would love to go to Badminton :-) We found several we liked but the 1 or 2 points ruled them out for us.
Ended up buying a youngster to bring on.........
 
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