Do you know that there are approximately 50,000 wild mustangs? Well, even being wild horses, these horses are can be tame.
But how much does a mustang horse cost?
Mustangs cost anywhere between $200 to $5000 when paid in cash, but you can adopt a mustang as low as $100 or even buy a mustang horse in installments. The price of mustang horses fluctuates with numerous factors such as age, color, training, bloodlines, and their show records.
In this blog post, we will discuss how much does a mustang horse cost? Let’s start the article without wasting any time.
- What is a Mustang Horse?
- How Much Does A Mustang Horse Cost?
- Factors Influencing a Mustang Horse’s Price
- Buying Mustang Horse on Installment
- Monthly Costs of Owning a Mustang Horse
- Frequently Asked Questions (FAQs)
What is a Mustang Horse?
Before starting the article, we would like to educate our audience a little about Mustang horses.
A mustang horse is a wild horse believed to be found in the Western part of the US and is a direct descendent of Spanish horses.
Although we describe Mustang as wild horses, a long time ago, these horses were domesticated when introduced in America.
Mustang horses don’t like socializing with other horses and are closely associated with their herds only. These horses will be getting weirdly aggressive if other horses try to come near to their herds.
Being a special class of horses, they are also characterized by a special price tag.
How Much Does A Mustang Horse Cost?
If you still think that, how much does a mustang horse cost? We want to answer it from here. A mustang horse has been a feral horse as Americans domesticated it in the late 1700s.
The cost of a Mustang horse widely varies with different traits such as color, age, training, and skills, etc., but the starting price of a Mustang horse is $100 and hikes up to $5000 or more.
Factors Influencing a Mustang Horse’s Price
You can’t get an exact quote for the price of a Mustang, but actually, many things will affect a Mustang’s price.
The factors affecting and determining the price of a mustang horse are:
- Show Record
- Age and Conformation
Trained and untrained horses have different prices, and logic dictates that price would be higher for that skilled product and has some abilities.
A trained horse has gone through tough practice and can tackle the most dangerous situations easily. The people who train horses charge a good sum for their efforts. That’s why every trained horse is available with an extra $300 to $500.
Every owner will be willing to pay a higher price for a trained horse, but if someone has enthusiasm and loves to train horses by themselves, they can get horses at a lower cost.
Types and bloodlines will also increase the price of a horse. Firstly, the bloodline has no direct effect on a mustang’s price, as all these horses came from jungles or forests.
But Mustang’s horse types affect the price more.
How many types of Mustang are there?
There are six types of Mustang Horses which are:
- Cerbat Mustang
- Chincoteague Pony
- Colonial Spanish Mustang
- Kiger Mustang
- Pryor Mountain Mustang
- Spanish Mustang
All these types have different costs, and many people pay extra cash for horses with more desirable characters and training.
Are mustang show horses? A mustang has several traits and one of which is being a show horse and grabs huge attention.
Mustangs have been doing shows both in the US and the Non-US countries, and people use them to earn money.
A Mustang participates in the following areas:
- Trail Competitions
- Western Pleasure
These horses take part in these competitions and are sold for more than $4000, and if a horse has appeared numerous times on a show, it might have an up price of $20,000 at least or more.
The color of a mustang horse also varies the price. There are the following primary colors in Mustang horses:
- Blue Roan
- Strawberry Roan
Just like mobile phones, a person can pay extra if he likes a horse’s color or if the color is unique. For example, in these horses, Grulla and strawberry roan are rare colors and are very expensive.
Age and Conformation
Age and conformation both play a significant part in deciding a horse’s price.
A good Mustang horse has the following characteristics:
- Good Length and Girth
- Medium Build
Age will also make a cost go higher, and most of the expensive horses are ideally sold at the age of 6 to 15 years.
If a horse is past 20 years of its age, its selling price significantly decreases.
Buying Mustang Horse on Installment
Anything a little expensive is now available to the public in installments, which has eased life much for budgeted people.
A horse is also easily available to people in installments. You will simply pay a small interest fee followed by small legal documentation, and the horse is all yours.
You can get installment plans for a horse, and many horse breeders will be willing to give you monthly, annually, semiannual, or quarter installment plans.
Depending on your easiness, you can get an installment plan between 1 year and 3 to 4 years.
Monthly Costs of Owning a Mustang Horse
Many people would think that there are only the purchasing costs for a horse, but it is not true. A horse needs additional money for its grooming, food, supplements, and primary healthcare.
In a recent survey conducted at Marine University, researchers asked random questions, and owners revealed that the annual costs increase up to $4000. It means that an owner must spend at least $500 per month on a horse’s necessities.
Due to the surging prices, the cost of owning a horse, specifically a Mustang horse, has tremendously increased. All these costs are only a mere approximation and may differ from the actual prices.
These costs include:
- Feeding Cost
- Living Cost
- Waste Management
- Regular Checkups
- Farrier Cost
- Emergency Expense
Feeding costs have been categorized into feed, hay, and supplements. It is the highest cost that a horse owner has to cover.
The annual horse feed cost would be about $500, approximately about $50 a month.
The primary nutrients needed by the horse are called feed which is not present in the hay and must be supplied artificially.
Horse owners should be ready to spend $500 annually on feed.
Supplements are certain drugs used to maintain a healthy horse’s overall system.
The supplements include:
The average cost for supplements is about $250 or more.
Horse owners will have the biggest problem for a stable if they don’t have space in their backyard.
The stable cost would cost anywhere between $500 and $1000 in the populated areas.
Waste management would be difficult if your local waste management refused to take the dung and asked for higher fees.
About $200 annually should be placed aside for waste management.
Medical bills are the biggest concern for the horse owners, as they will be more than average normal human medical bills.
Two types of medical expenditures are there:
- Regular Checkups
A regular checkup is necessary for a healthy horse. After a certain time, your horse would require an overall body examination, which ensures nothing is bad for your horse. These costs are about $100 per year.
How much does it cost to vaccinate a horse yearly?
The annual costs for the horse vaccine are about $200 or more. Regular checkups will reveal that how many vaccines are needed and left for the year.
Ferries costa also affects the overall costs for owning a Mustang horse, and you should be ready to pay at least $500 or more in Ferrier costs.
Emergency costs would vary and only come if your horse has contracted a severe disease or injury. In that case, a lump sum is required!
Other Options besides Buying
Apart from these costs, a horse would need these things which also need money:
- Deworming: It starts at $100 a year.
- Dental Costs: Starts at $200 a year.
- Water Costs: $100 a year.
Mustang Horse Adoption Cost
In any condition where you can’t buy a horse, there’s always an option for adoption. A mustang horse is also adopted, and it is easier than buying a horse.
You don’t have to pay the full price at once, and it is much easier than installments as you won’t be sticking along to the policy and papers.
Average costs for adoption would start at $100 and will increase as you choose a horse with good traits and colors.
Bureau of Land Management is an organization that gives money to people who have a love for horses.
You will get $1000 from the Bureau of Land Management. A $25 non-refundable fee is applicable at the time of applying for an untrained Mustang Horse.
Frequently Asked Questions (FAQs)
Final Thoughts on How Much Does A Mustang Horse Cost
That was all about how much a mustang horse costs. If you have any doubts about the topic or want to know more, please comment below and know your thoughts.
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