I didn't mean it has to be young, I just meant it doesn't have to be trained and refined to the T. My best friend bought a horse for $3,500. It was apparently a 'great' horse. She even rode it and everything before buying it. But only months after purchasing the horse, it had bucked her off, bitten her kicked her, you name it. I bought a gelding from a rescue for $650, and he is the sweetest thing around. He is 16 years old and just needed a little fine tuning. All I had to do was watch some Downunder Horsemanship and I got him obeying like a $3,500 horse in about a month. True, it would have been way less work, but I am a waaaaay better horsewoman now than I was then thanks to the training I put myself through. WAY better. I gained SO much experience from it. Just gotta check the horse out THOROUGHLY before you buy. Think of anything you can to test the horse. I couldn't have saved up $1,000. I was 13 and didn't have a job (if you don't count washing my aunt's floors for fifteen bucks every month) I was 13 and re-trained an old trail gelding that sold for a whopping $650. So, if I did it, chances are most anyone can. I have luck with so many horses that I have bought, and have NEVER spent over $650. True if you are afraid of horses, or just timid, or just don't want to put in all of that training, then I would save up money for about three years, and maybe you'll find one. Just please take my word for it; rescues are great to buy from. You just have to be cautious. It's true that you never know what you get at rescues, but like I said, test them out like crazy before you buy. I have had many horses in the past from rescues (one of my fav horses ever was $100 in a pair!) and most of them have been wonderful horses. Please just check it out at least before you spend thousands on a horse.