How do you end a partnership gracefully--without a lot of hard feelings?
October 31, 2007 5:54 AM Subscribe
How do you end a partnership gracefully--without a lot of hard feelings?
My best friend/roommate and I started a rally race team about 8 months ago. We said that we both wanted to drive (in Rally there is a driver and navigator), so we were 50/50 for effort into the car, money, etc...and then we would each drive 50% of the time.
He recently decided he wants to move 3 hours away.
For the team, we own the rally car, a tow vehicle/short bus, and a tow dolly... There are a few tools (maybe $300 to $400 worth).
Total investment is about $15,000. The tow vehicle (it is an old short bus) has about $4000 into it, the tow dolly was $600, and the car is the rest. $5700 of the $15000 is debt on a credit card we hold jointly.
The car takes a huge amount of time and effort to prep for each race. For our first race it took several months of working several hours a day and 12 hour weekend days to prep it. I'm not prepared to do all the work, and then show up at the race to let him drive half the time. When I asked him what was going to happen with the car, he said, "I think we can still work something out" but refuses to talk about it more. He has a job offer, but they aren't giving him as much as he wants yet, so he says I'm "acting like a girl" that I want to talk about it. I'm pretty much screaming inside, but I'm keeping it under wraps.
Should I just let it be, or should I press him? Does it seem fair if I offer to assume the credit card debt, and but the car is then mine--and he can take the bus? The car is legally in my name, the bus is legally in his.
Any tips for not ruining the friendship? I'm not prepared to buy him out, because I'd be in major debt for years and not be able to race at all.
posted by rocket_johnny to human relations (26 answers total) 1 user marked this as a favorite
posted by fire&wings at 6:03 AM on October 31, 2007