The E30 6 way is falling apart

"CCC (formerly CyclistCarCoexist)" (ccpbb)
01/11/2016 at 01:43 • Filed to: None

Well, the 6 way E30 has been fucked, a idiot who owns 1/6th of the car going at regular car speeds spun out in the rain and rode onto a curb, smashing the oil pan. I chewed the guy out, now we are looking into the direction of a swap (so far no one is willing to step up to group fund it) so we’re selling it. But there is more financial gremlins that I have managed to make 2 people go against one another.

So if you fund a 600 dollar car project between 6 people, financial transparency is very important. One of the persons (lets call him Chuck) didn’t want everybody to know where the money was going. Omerta shit here. When we were buying the car, I took 650 dollars out and gave the rest (150) to Chuck for safekeeping. When we were going to the car wash to get it washed, I asked Chuck to pay. He insisted I had the money and he didn’t have any. Afterward, we went to Jack in the Box. I went in the drive thru and bought food for myself (I thought they were going to follow me or go inside) with my own money. When we were getting gas, they though I had bought food for them as well. I said no and they bitched out on me. I told them to pay for it themselves. I gave them a 20 of my own money for them to pay for food and to shut M and Chuck up. We afterward had to also get oil because it was low on oil. I asked Chuck to pay for it with the money I gave him. He insisted he did not have the money. I then had to pay with it with my card. When we got home, we saw the money in the E30. He claimed he didn’t know. It was in the passenger side, and he’d been sitting there all the time.

When we got home, he insisted to me we maintain the the others we bought the car for 750 not 600. I ended up going against this and telling the others of the expenses currently.

The next day, we were going to do an oil change. He paid for the oil with 100 dollar bill (belonged to another shareholder and where is the rest of the money). 43 somehting dollars. THen he used the change to buy wendy’s. For himself. I already was getting reeling thoughts about that and commented on that. He casually said “club funds” and continued eating the food.

Chuck has been doing sketchy shit. He’s replaced vacuum lines with gas lines, somehow attached vent tubing to a square mount on the throttle body, drained coolant out while removing the throttle body (WTF), and put an idiotic eBay intake on it.

My protests of “that will actually fuck it up stop” have been ignored. The excuse of JDM have been used.

Someone has questioned expenses. I say the truth. They have gotten angry. I let the flames burn. And I’m enjoying it.

Chuck has also claimed he’s put in the most. I doubt he’s put in any. He claims he’s broke at time.

Now 2 (and I) of the more serious people who actually I value as friends and have not tried to pull shit to deceive others are splitting off into something. We will commit to things and have the knowledge and money to pull through.

DISCUSSION (20)

DrJohannVegas > CCC (formerly CyclistCarCoexist)
01/11/2016 at 01:49

Just walk away. Consider it a lesson learned at the price, because it’s only going to get worse from here.

Nauraushaun > CCC (formerly CyclistCarCoexist)
01/11/2016 at 01:53

Coordinating money and a car between 6 people sounds like a nightmare. People just aren’t that reliable.

Conan > CCC (formerly CyclistCarCoexist)
01/11/2016 at 01:54

Get out while you still can (and make sure the sale paperwork is legit). I was part of a somewhat similar Trans Am during college and walking away from it was one of the best financial decisions I made in my 20s.

PetarVN, GLI Guy, now with stupid power > CCC (formerly CyclistCarCoexist)
01/11/2016 at 02:15

dude. GTFO. cut your losses and watch the guys flounder. srsly. $650 isn’t that much, you can re-earn it in a month. just get out while you can

Spoon II > CCC (formerly CyclistCarCoexist)
01/11/2016 at 02:41

Sounds like it’s definitely time to abandon ship. Get them to buy out your share or combine forces with your trustworthy buddies to buy them out. Seems like the best option so that you don’t have to deal with their irresponsibility

promoted by the color red > CCC (formerly CyclistCarCoexist)
01/11/2016 at 02:58

Either sell the car or find a neutral accountant if you guys want to keep at it. If you sell it, sell it now, because I’m starting to think you guys have no business fucking around with a car, much less a swap.

If you really want to build a race car, join a SAE design project in college. Yes, there’ll be more boring meetings, but it should hopefully cut down on the chicanery.

CCC (formerly CyclistCarCoexist) > Spoon II
01/11/2016 at 03:02

We’re going buy out our share and let them deal with it.

Sovereign, Purveyor of Coupes > CCC (formerly CyclistCarCoexist)
01/11/2016 at 03:02

I’m full of bad advice so just ignore me, but as soon as “club funds” left “Chucks” mouth (I’m also picturing him having a stupid look on his face while saying this) he wouldn’t have been finishing that wendys. I’m not involved nor affected yet even I want to punch this chuck kid.

At the very least, from what I gather, his balance is probably about -$4.75 into the group project. Take the vehicle/any parts from this kid and tell him he’s out.

CCC (formerly CyclistCarCoexist) > promoted by the color red
01/11/2016 at 03:22

Yeah....

CCC (formerly CyclistCarCoexist) > Sovereign, Purveyor of Coupes
01/11/2016 at 03:27

I’m going to sway one of the people into my favor and put a few things into his mind regarding his money being used for idiot things. Plus the title is in my name. He can’t do anything because legally he holds no ownership. And he has put in questionable -4.75 dollars in parts.

CCC (formerly CyclistCarCoexist) > Nauraushaun
01/11/2016 at 03:28

It’s more than a nightmare. It’s a crazyfest.

CCC (formerly CyclistCarCoexist) > PetarVN, GLI Guy, now with stupid power
01/11/2016 at 03:29

I’m going to light more fires before i bail. I don’t care about the money, it’s just basically going to be me fucking with them now.

pImpOfThePerverse > CCC (formerly CyclistCarCoexist)
01/11/2016 at 04:37

the e30 of the sierra madre, starring cyclistcarcoexist

CCC (formerly CyclistCarCoexist) > pImpOfThePerverse
01/11/2016 at 05:29

More like port Costa not Sierra madre

Master Cylinder > CCC (formerly CyclistCarCoexist)
01/11/2016 at 07:00

That’s a shitty situation. I have played around with the idea of splitting a race car with friends before but it’s bullshit like this that always scares me off the idea. I’m starting to be able to see the point in my career where I could probably finance a crapcan racer out of my own pocket, so it’s getting less and less tempting to share one.

I do have a small handful of people who I’d trust to go in on a project like this, but none of them live local to me any more.

My advice is to abandon ship. At whatever your share of the cost is, it’s probably worth walking away from just to avoid any more heartache over this.

That's gonna leave a mark! > DrJohannVegas
01/11/2016 at 07:19

Yes, consider it an important lesson learned for the rest of your life. Be thankful it was small money. We all need to learn things they don’t teach in books.

Bad Idea Hat > CCC (formerly CyclistCarCoexist)
01/11/2016 at 08:12

Hell is other people.

Chris_K_F drives an FR-Slow > CCC (formerly CyclistCarCoexist)
01/11/2016 at 08:28

This sounds like one of the worst ideas I’ve ever heard. Lol

But I am curious where that E30 is, what the condition is like, and how much it’ll be sold for... ;)

pImpOfThePerverse > CCC (formerly CyclistCarCoexist)
01/11/2016 at 09:59

Port costa? East bay is hella oppo. There’s an east bay rat on my street that’s practically a one man car club. In case it wasn’t clear, I meant to refer to the film ‘the treasure of the sierra madre,’ which was a humphrey bogart movie about three guys that discover a gold mine and are driven to madness and murder by greed and suspicion. it’s basically got the same plot as your beemer.

PetarVN, GLI Guy, now with stupid power > CCC (formerly CyclistCarCoexist)
01/12/2016 at 00:17

GOOD