Thread: Where do you keep you track car?
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Old 16-08-2009, 08:08 PM
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MKVIGTI MKVIGTI is offline
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If it is going to be a shared car then I suggest you have a plan for how to deal with what you will do in any of the following situations BEFORE you put a cent into it and put it in writing.

1. One party wants out

2. One party damages/writes off the car

3. If one of you uses it significantly more how you account for consumables

4. One of you runs short of cash but the other doesn't want to stop using it in the meantime.

5. How you will decide who gets the car for what events.

Haven't seen it done with a car but have seen many a partnership in sailplanes end in some pretty big arguments.
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