In a debate with one of the guys I work with. He has leased a new vehicle and has in turn loaned it to his girlfriend under the condition that she pays him "X" amount of money per month to cover the lease. Vehicle is registered in his name, fully insured by him with her listed as a driver on the policy.
His position is that in the event that she quits making her payments to him and does not return the vehicle that he can simply report it as stolen and when she is pulled over in it she will be going to jail for GTA.
I could be all wet on this but that does not sound right to me. People default on loans all of the time and while the repo man comes after them, you don't see them getting pulled over for grand theft.
What do you guys think?
His position is that in the event that she quits making her payments to him and does not return the vehicle that he can simply report it as stolen and when she is pulled over in it she will be going to jail for GTA.
I could be all wet on this but that does not sound right to me. People default on loans all of the time and while the repo man comes after them, you don't see them getting pulled over for grand theft.
What do you guys think?


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