Lyric discussion by Mad Slanted Powers 

Cover art for Let It Ride lyrics by Bachman-Turner Overdrive

I always thought it was "Try try try to let it ride" as well, especially since it has the "to" in there. That makes the others make no sense. Without the to, "ride" would still make more sense than "drive". I wonder if the first line above is wrong as well. It says "Hard life." I thought it was "I lied", which would fit with other lyrics in the song.

As for the meaning, it sounds like a troubled relationship. Would you forgive and "let it ride", or would you "say goodbye" and leave. I'm a little unsure of who did wrong here though. Perhaps one did wrong and the other is asking how they would react if the situation was reversed.