Unfortunately, miniature horses are very expensive. The best show horses sell for thousands and thousands of dollars, with stallions being the most expensive. But a miniature horse breeder often has horses that are not perfect enough to be champions or to use as breeding stock. These animals may be bought for a few hundred dollars.

The least expensive and best miniature horse for family fun is a gelding. Geldings are male horses that are not perfect enough to be used for breeding. The organs that make their male hormones, the testes, are removed. Because their bodies don’t produce the male hormones, geldings are calmer than stallions. And because they can’t breed and are not as perfect, they are not as valuable. Geldings also make especially good horses for driving because they are stronger than mares.