Buying A Horse On Craigslist Is Prohibited, And A Free Horse Is Also Expensive (2024)

Buying a horse might be a temptation, and they are easy to find one for sale or for free online. However, is Craigslist the right place to arrange a purchase and is getting a free horse a bigger expense than first expected?

Before beginning a search on Craigslist for a horse, keep in mind that these listings are prohibited. On the Craigslist website, they state “pet sales, animal parts, [and] stud service” are not allowed. However, re-homing an animal like a horse for a small fee is allowed on Craigslist.

For anyone that wants to sell or re-home their horse on Craigslist, there is an organization called SAFE Horses that gives excellent advice about finding solutions before, during, and after the horse re-homing process. This helps keep horses safe, but also protects their owners.

Nevertheless, if owning a horse is a goal, there are several ways to get them, but they should be, ultimately, be offline purchases.

For insiders to the thoroughbred horse racing industry, Ellis Law Group says methods for purchasing a horse may include using a buyer’s agent. This person spends most of their time figuring out which horse is foaling, the prices breeders have typically charged in the past, and how to negotiate a deal between the breeder and the buyer.

More often than not, a buyer’s agent will have a team of consultants and experts that helps keep them informed. For this reason, unlike other professionals in the horse industry, agents are more likely to stay abreast of opportunities like IRS, estate sale, and bankruptcy auctions where horses are being sold.

Regardless, the old-fashioned way to buy a fine equine specimen is at horse breeder’s shows like Keeneland’s annual sale or the Fasig-Tipton horse auction. These shows are frequently advertised on horse racing websites and in horse-related classified ads.

Along with going to a horse auction, buying a horse can be difficult if the buyer does not have the skills to negotiate with a horse seller. Guides by Horse Master, Julie Goodnight, certainly demonstrate that buying a horse is somewhat of an art. Also keep in mind that buying a horse directly from the owner is possible, but a thoroughbred champ that requires tens or hundreds of thousands of dollars outside of future upkeep costs.

By using horse buying consultant services and brokers, owners are assured that important health records, ownership papers, and legal documents or procedures will be up to snuff, according to Equine Legal Solutions.

Once the horse is purchased, there will be several areas of expense to consider — and some are challenging in nature. For instance, Horse Talk points out that a reason to avoid first-time horse ownership includes the fact that it is important to have insider knowledge about feeding the horse alfalfa to prevent stomach ulcers.

Owning a horse also means controlling the environment tightly. For example, new horse owners may not be aware that it pays to be careful which animals horses graze with. This can be confusing to anyone that already owns house pets or other common farm animals, because they usually get along. Alternatively, according to Horse Advice, horses are social animals, and they prefer to be with other horses.

Also, unlike other farm animals, the average lifespan of a horse is 30 years, and there may be a lot of hidden costs for keeping a horse. For instance, the University of Georgia estimates that keeping a horse can cost up to $4000 per year.

There is also a horse ownership calculator provided by Horse Channel to find out how much a new horse will cost per year.

On top of basic care and money set aside for emergency vet visits, there are three facts about grooming a horse that a new owner will need to be aware of. First, keeping their hooves shoed will need to be done every six to eight weeks by a specialist called a farrier (about $500 per year).

Additionally, a horse’s teeth never stop growing and this means they will need regular dental attention. This is called teeth floating, according to Good Equine Dental, and the procedure will be done once or twice a year. If the horse is sedated, the cost can be as high as $70 to $100 per session.

One other hidden cost is the maintenance of pasture land; which can vary drastically based on the owner’s personal experience, local climate, and the land the owner keeps the horse on.

Horses can also incur large expenses because they cannot puke, and this causes expensive veterinarian problems. Unlike other animals that cure themselves by doing so, according to USA Today, a horse will not vomit when it is sick.

Due to the fact they do not vomit, one of the main reasons that horses are expensive is due to the fact that they are prone to be colicky, and colic is difficult to diagnose. The expense is also related to the fact that every suspected case of colic in a horse is an absolute emergency that must be treated by a vet at once.

Buying A Horse On Craigslist Is Prohibited, And A Free Horse Is Also Expensive (2)

Adding to this, one of the common causes of colic in horses by new horse owners is feeding them grass clippings from mowing the lawn. Besides mowed grass, horses usually understand which plants are poisonous, according to CSE Landscaping Architect, but they may eat them anyway when they are extremely hungry.

One other major consideration to keep in mind is that different horse breeds do have different personalities, and some are not ideal as pets for small children. For example, the thoroughbred horse has been bred for racing, and it may or may not be suitable for children. On the other hand, an Arabian horse has a sensitive, dog-like personality but may need more attention than a busy owner can give it.

According to the opinions on Horse Forum, the best horse breed to get for a new horse owner is the quarter horse, the Morgan horse, or painted horse. While these horse breeds are intelligent, they are less likely to consistently outsmart a new owner with a fiery personality like the thoroughbred or Arabian horse.

Common parting advice to anyone that wants to buy a horse for the first time is to work with a trainer regularly. This ensures inexperienced horse owners are regularly being evaluated by a professional, have access to tips about raising a horse, and gain techniques to keep the horse happy.

In addition, as previously reported by the Inquisitr, anyone considering buying a horse for someone else, should evaluate ways to own one and pet one without spending labor or money on the upkeep. These include investing in a horse racing syndicate as well as donating or volunteering with a local horse rescue organization.

[Feature Image by Alan Crowhurst/Getty Images]

Buying A Horse On Craigslist Is Prohibited, And A Free Horse Is Also Expensive is an article from: The Inquisitr News

Buying A Horse On Craigslist Is Prohibited, And A Free Horse Is Also Expensive (2024)

FAQs

How do you not get scammed when buying a horse? ›

Below are a few of the most common scams to look out for and how to protect yourself from being caught out.
  1. Don't pay up front without viewing. ...
  2. Don't buy a horse without trying it yourself. ...
  3. Research the seller. ...
  4. Take a friend to viewings. ...
  5. HPI check second-hand vehicles. ...
  6. Key points.
Mar 16, 2018

Why are horses so expensive to own? ›

When considering the average cost of owning a horse, various factors come into play. The initial price, breed, pedigree, age, and training are just a few different factors that contribute to the overall cost. Your location and the specific expenses associated with health care will also impact the final amount.

Should I pay cash for a horse? ›

Buying a horse or pony with cash is NEVER recommended, and in fact should never be done. Purchasing a horse with cash could result in multiple problems such as the seller denying that he or she ever received the money and their being no receipt of the transaction.

Which has the most impact on the purchase amount one has to pay for a horse? ›

Factors Affecting the Cost of a Horse

Variables such as breed, age, training level, and intended use play pivotal roles in determining the overall expense of a horse. Breed: Prices vary widely based on breed, with performance breeds like Thoroughbreds commanding higher prices compared to more common breeds.

Is it good to buy a horse from an auction? ›

Some auctions are better than others, but horses are routinely whipped and prodded as they are driven to and through the auction ring. Because horses at auction seldom receive even water, they may be severely dehydrated.

Can I get my money back on a horse? ›

If you wish to reject the horse, you must clearly indicate that you are treating the contract between you and the trader as being at an end – it is best to do this in writing. The consumer will be entitled to a refund of any monies paid and the trader must bear the reasonable cost of returning the horse.

What is the average amount of money to buy a horse? ›

$3,000 to $10,000

In owning a horse, to start, you're going to need, well, an equine. Horses run the gamut in price from several hundred dollars to several thousand based on their age, health, breed and level of training. Most recreational horses are under $10,000, with an average price of about $3,444.

Do you pay taxes when you sell a horse? ›

When such a person engaged in the business of selling makes a retail sale, that sale is subject to sales tax regardless of how few sales the person makes. Accordingly, sales of horses at retail are taxable notwithstanding the fact that less than three sales occurred during a twelve month period.

Are horse prices negotiable? ›

“I'd say 50 percent or less are negotiable. It used to be 10 percent or less, but in this market it's more than that,” said Crump, Linden, Va. Firm prices may not leave room for negotiation, but they do preclude the hassle of calculating a reduced offer, leaving you to sum up what you can afford—or walk away.

What is the cheapest you can buy a horse? ›

The cheapest horse breed is a wild Mustang. The government could pay you $1,000 to adopt a Mustang, or you can purchase one for as little as a dollar.

What horse sells the most money? ›

The most expensive horse ever sold is a Thoroughbred named Fusaichi Pegasus. He was sold to Coolmore Ireland in 2000 for $70 million. Next is the Totilas, a Dutch Warmblood sold for €11 million in 2010.

What is the most expensive part of owning a horse? ›

One of the biggest expenses associated with owning a horse is housing. If you decide to board your horse on someone else's property, pasture board—living in a field, without a stall—is a more affordable option.

How to safely buy a horse? ›

Ask to see the registration certificate, and verify that the horse and description match. Get a pre-purchase examination. Be sure the horse has current Coggins papers, and find out when the horse was last vaccinated and dewormed. Negotiate the price somewhere within 5 to 15 percent of the asking price.

Is buying a horse a tax write off? ›

Horses – If your horses are a “necessary and ordinary” cost of maintaining your business, then of course all the necessary expenses of keeping them are tax deductions!

Do horses miss their owners when sold? ›

But, as soon as they see familiar faces, they should return to normal. Knowing this, it can be very sad when you have to sell your horse or leave for long periods of time. Many horses will go to a new home and, after a period, develop positive memories and a strong bond with their new owner.

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