For lots of people, when they think of people who own horses, they think of huge, luxury estates, massive paddocks, and well-dressed riders at equestrian events, scrolling through the horse racing odds today to put money on their expensive asset – and to add even more money into their already overflowing bank account.
Horses are usually associated with aristocracy and royalty, rich people’s sports like polo – think Prince William and Harry… and a lifestyle that most people dream of. But is that actually just a well-worn stereotype? Is horse ownership really just for the rich — or can everyday folk actually get to enjoy that unique bond and experience that comes with having a horse?
The actual answer, as it turns out, is that it’s somewhere in between.
The Perception: Horses Are a Luxury
Pretty much since the dawn of time, horses have been linked with wealth and social status. In the past, having a horse was a sign of privilege. And even today, owning thoroughbred racehorses, high-level showjumping, and competitive dressage are still very expensive hobbies – and generally pursued by those with very deep pockets.
Because the costs that are associated with this level of horse ownership can be mind-blowing, it is generally more the domain of the well-to-do. Buying a competitive show horse can literally run into hundreds of thousands of pounds…easily. There are stabling fees at top-end facilities, regular vet care (which anyone with an animal will know is insane!), specialised training, the highest-quality feed – and travel to and from competitions, which can cost thousands per month, easily.
And it’s this version of horse ownership that is, indeed, only for the well-off — but it isn’t the whole picture.
The Reality: There Are Affordable Ways To Have a Horse
Despite all this, owning a horse can actually be a lot more affordable than you realise. While it’s not cheap – no animals are cheap if you care for them properly, but it’s definitely not impossible if you’ve a decent amount of money and you’re passionate about owning one.
Leasing and Share Ownership
If you’re not quite ready to buy a horse outright, then leasing is a great way to enjoy all the benefits of horse ownership without the whole financial burden falling on your shoulders. In a lease agreement, you’re basically renting a horse for a monthly fee, which will usually include stabling and care. There are also partial and full lease options, so you can split the responsibilities and costs with the actual owner.
Then, you can join syndicates or co-ownership groups – particularly in racing. Because you only own a fraction of the horse, you can enjoy the thrill of owning a racehorse at a fraction of the cost!
Think Modest
Not every horse has to cost tens of thousands. In fact, there are lots of gorgeous, well-behaved horses you can buy for under £5,000, especially if you’re not looking for the next Grand National winner! You can get older horses, off-track Thoroughbreds, and rescue horses much more cheaply.
Of course, the purchase price is just the beginning. There’s feed, tack, veterinary care, stabling, and training… which all add up — but if you budget and plan, it can be well within reach.
Alternatives to Owning a Horse
If you love horses but you don’t want to commit to full or even part ownership, then there are still lots of ways to get involved and enjoy horses without the financial burden:
- Riding Lessons: You can get pay-as-you-go or monthly packages at your local stables.
- Volunteering at Rescue Centres: You can learn how to care for horses… while helping animals in need.
- Joining Riding Clubs: Which will give you access to horses, trails, and competitions without having to own a horse.
- Trail Rides and Holiday Rides: If you just want to enjoy a bit of horse time with no commitment.
These are all great options if you just want to improve your horsey skills, enjoy the whole experience of riding, and learn more about them — all without having to worry about the costs that come with owning one.
So, there you have it. Race horses, polo horses, dressage and show jumping ponies are definitely very much for the rich. But there are so many other options if you’re not quite living the life of the elite. With a bit of planning, dedication, and realistic expectations, you can own, lease, or regularly ride horses without breaking the bank – you just need to make sure you choose the right option for your lifestyle and bank account!.
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