Buying your first horse is an exciting—and daunting—process. For many, it’s the fulfillment of a lifelong dream. For others, it’s an unexpected opportunity. Before galloping headlong into horse ownership, know what you’re getting into. These are the 5 things to know before buying your first horse.
Plan financially. Horses aren’t a one-time purchase to scrimp and save for. They’re a lifelong investment. Regular horse expenses include food and supplies, boarding, and vet and farrier bills. If you plan on training your horse to compete, you may get a monetary return on the investment. But before buying a horse, make sure you can afford everything ownership entails, even if your mount never takes home a prize.- Ask a professional. Most first time horse owners don’t know what to look for when it comes to the age, breed, history, and health of a horse. Before committing to a purchase, ask a professional to help you find the right horse.
- Be smart. Think with your head, not your heart. Ask yourself what has drawn you to each particular horse. If you’re a regular polo player and the horse is an experienced polo pony, you’re probably in the clear. But if you like the horse because of its coloring, temperament, or because you bonded with it emotionally, ask for a second opinion.
- Schedule an exam. You wouldn’t buy a used car without getting the all-clear from a mechanic, or purchase a home without a house inspection. Don’t take risks with your horse! Vets are used to giving pre-purchase exams; they’ll be able to tell you if the horse has any health or fitness issues before you sign the papers.
- Know what you’re getting into. Owning a horse isn’t just a financial commitment. Horse ownership takes time and dedication. Before making the final decision, make sure you can give your new horse what it needs.
Chukkar Farm is a polo club and boarding barn in Alpharetta. Call to learn more about our services.