Paying for Vehicle not the owner, give up as stolen
For 2 Years I’ve been paying my car that is on an old friends name. Now he wants me to get the car of his name and can do that in about a month but today he wants to go to the police and give the car up as stolen. Can he do this after I’ve never missed a payment?
You should just immediately go to a vehicle licensing office and do a change of ownership. Tell him that if he goes to the police to report it stolen, while he knows it is not, he will be committing the criminal offense of fraud.
Amended by author 3rd October 2017, 12:57
Your friend cannot just come and take the car from you. To legally do that he/she has to go to court to get a spoliation order, which takes at least 3 months. So you can refuse to give him/her the car until settlement and transfer of ownership. Besides you have an existing agreement you have not violated. If he/she reports it stolen, you can tell the police that it is fraud. You should get a third party to make him aware that you have taken legal advice, and that he/she should exercise patience for just a month.