$450 Deposit Plus 1st months Lease/Board payment. Monthly rate is $225.
Horse may be taken to special events such as horse shows or trail rides provided leasee has secured insurance to cover such events. Proof of insurance must be provided with Dries Arabian Run as the named owner. Advance notice must also be provided. All vet and farrier bills are the responsibility of the leasee.
The above fees are the base rate with the agreed price of the horse being divided by the number of months requested for payment.
Ex: A horse sold at $3600 would be at a rate of $110/mo for 36 months (includes interest) at the end of 36 months the horse would be paid in full.
If the lease is terminated prior to its completion the maximum refund will be 50% of the purchase payments - subject to the current value of the horse.