In many cases, leasing a horse instead of doing a sales transaction makes sense for both parties. So it’s no surprise that leasing continues to be a popular option for many horse owners. For example, an owner may not be interested in selling the horse, but may wish some return on investment. Sometimes, there’s a hope that the lessee (the person leasing the horse) will decide at some point to buy the horse. If the owner wants the horse shown to raise its visibility for a possible sale, without spending his own money, a lease can be a good way to accomplish that.

There are also a number of advantages for the lessee. For example, the lessee might have a specific purpose for the horse, such as a year-end final, and doesn’t wish to invest the purchase price of the horse at the time. Or, the lessee may want to try the horse for a period of time before deciding if he wants to buy.

Also, sometimes the lessee might not be in a position to pay the full amount of the sales price of the horse, but wishes to have the option to purchase the horse sometime during the term of the lease.

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