If you're looking into becoming a more serious horse rider and would like to purchase your own horse or pony, it usually costs a couple of thousand dollars. Cob horses and New Forest ponies start at $1,000, while Hanoverian and Andalusian horses' minimum cost is around $3,000. However, this can increase depending on the horse's age, size, breed, training, and pedigree. Before buying a horse, ensure you can provide a suitable and safe place for them to live and a diet suited to their needs and activities.