To want more money from my ex friend?

[Othering]

Me and a friend bought something together, 50:50. We both paid several hundred pounds each. Exactly a year later, I wanted out. Friend (now an ex friend cos shes disgruntled that I wanted out) said she will buy me out, paying the original price back to me. Trouble is, the asset is now worth several thousand pounds. It has appreciated significantly. Aibu to think she should pay me half the current market value? She can very easily afford it BTW.

Not the brightest move telling her you want to sell whilst she has possession of the item!

Get what it is worth now. What if she decides to sell and make money on it?

It’s a panda

Giant, red or Fiat?

Omg I know what it is! I'm in same industry and yes prices have just rocketed!

nah course I don't know. C'mon op wtf is it?! Please! Have some wine then tell us

Wtf is the item

Is it just me who thinks it’s weird OP has done one just because people asked what the item was?

It's a real issue that's come between me and my sleep

Clearly, it's a really, really nice pillow.

you want out but offered to buy her share? Why? Is it dealings with her you want out of rather than the item or what ever it is. In which case you might have to suck it up. If there is no contract or agreement then you may struggle to go through small claims. If you sell your share the buyer will want a contract with the other party and by the sounds of it she isn't going to do that if it means she doesn't get the amount she wants.

She should go 50/50 if that's how it was purchased but with no contract she has you over a barrel. You can insist on 50:50 and not sell til she agrees or you can cut your losses and take the amount you paid. It's up to you. But next time - get a contract!! Especially when you know the other side doesn't pay.

I can’t believe there are so many comments after the OP said she was signing off!

To be fair, most people who claim they’re ‘signing off’ (i.e. flouncing) are actually lurking and will pop up again to defend themselves if they don’t like what they readz

That was a typo by the way - I’m not trying to get ‘down with the kidz’ via random Zs

It's probably a horse and it's on the friends land.

Has everyone missed the post where the OP said she's bowing out??

@Shefliesonherownwings no - but it’s fun to guess anyway! - and see @StillCoughingandLaughing

So you asked your friend to go 50/50 on this mystery item

She agrees

You then decide you want out and are expecting her to pay more for the other 50%?

You're so being unreasonable!!

She didn't want to pay 100% for the item when it was worth less, so no way will she want to pay more now. ESP if it's unlikely to go up in value again.

She doesn't have to buy you out.

Also since she has possession atm you're a bit stuck, she has the upper hand morally and physically.

With no formal paperwork or contracts you'd be lucky if she didn't just stop sharing this mystery item and not pay you a penny.

You might get better responses from saying what the item is, or even narrowing it down. As if you're sharing a handbag you'll get slightly different answers to if you're sharing a boat.