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Personally, I'd tell him to fuck off.

If he's a good friend, then maybe offer to split the cost of it with him or something. Of course, if he was a good friend would he be hassling you for more than he was going to sell it for?

 

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Actually, I agree with Venom somewhat. I wouldn't ask the guy whose truck just burned to throw in the whole $180, but maybe part of it. IDK, that seems kind of cruel. But, another question to pose is, did you tell him that the equipment actually belonged to ape-poop-head? If so, then he knows it wasn't his or yours, and should be returned whenever need be.

If the guy who "owned" it left it at your house for 3 years, it obviously wasn't that important.

Perhaps tell him that you will have all the money for him in 3 years, and mail him 16 cents a day. Sure it might cost you some money in stamps, but it would just about be worth it. Or you could just paypal him. The fees would hurt him there. lol, I'm an evil bastard I know.

-Chad

edit: spelling