Is it legal for my parents to take my jeep when i move out?

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btlawrence1129

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my parents bought me a jeep and i have been paying them back, i have about $5000 to pay, but they told me if i move out they keep my jeep because legaly it is in their name. If they take it do i get back the money i put in to it or am i just out of luck?
 
Is there a written agreement that says if you move out that it's not yours anymore? Have you kept all your receipts for your payments? Why are they being such pains about it? Especially if you have been making all your payments. It is theirs if it's in their names. You could always sue them, but would it be worth it?
 
If the Jeep is in their names, it is theirs, and they can do with it what they please.

If you want your $5000 back, you would have to take them to small claims court. Good luck without anything written (unless your parents fess up).
 
if your parents bought the jeep and you are paying them for it with no written deal then they can do what they want with it. they currently have a pretty strong string to pull you around with. i would cut a deal in writing and pay them off quickly. then get on with life in your jeep.
 
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