it wouldn't be reported as a "stolen" vehicle unless they signed an agreement stating when they would return it. At most, it would be unauthorized use of a motor vehicle. Best thing to do would be to send a certified, return receipt, restricted delivery letter to the person stating they have so many days to return it or it will be considered stolen. Also put in the letter that acceptance of the letter constitutes their agreement. Yes you can report your car stolen but only if you said return it by a certain time. If you failed to give a time period, then you cannot report it as stolen.
Certainly. That is what the legal system is for.
You cannot just return a vehicle you bought. It is yours or the lender's who loaned you the money to buy it. There is no cooling off period on the purchase of a vehicle.
It's possible, but a bit unlikely. However, if the repo agent comes to you, and you claim not to know where the vehicle is, then they can assume an unauthorized person is in possession of the vehicle, and might report it stolen.
Report it stolen.
Not unless you claimed the damage as a loss on your tax return. only if the vehicle is used for business
No you wil have to ge a court order to recover it.
If you don't return a vehicle after it's put in repo status, it goes on your credit report as "Vehicle cannot be located." Once this is on your credit report, it's impossible to get refinancing for a new vehicle. The best thing to do after that is to file for a bankruptcy. The auto credit company will usually hire a investigator and they can file a lawsuit. But there is typically no criminal charges because, it's technically your vehicle.
yes, you still stole it
The bank pays it to you. The interest reflects the return on the capital you have loaned to the bank.
You have to report this on your 2009 Return. You cannot decide which year you wish to report income. It must be filed on the return for the year in which it was withdrawn or in which income was earned.
If it is a used vehicle and the contract states that you bought it "as is", you can not return the vehicle. Unless you were somehow misled as to the deal, the vehicle, or the contract, and can prove it, you can not return the vehicle.
If your son is refusing to return your vehicle and it's registered in your name, you rson is committing grand theft. You'll need to contact the police and report the vehicle stolen. Be warned, though, if they find the vehicle, they'll probably arrest your son. The owner cannot report the vehicle as stolen since he or she is aware of who has possession of said vehicle. If the person refuses to voluntarily return the vehicle, the owner can request the assistance of the police department that has jurisdiction where the vehicle is located. The owner must appear at the police department with proper identification and the vehicle title and registration as proof of ownership, before authorities will render assistance. In a few cases the owner may need to obtain a court order to retrive the vehicle. Such action depends upon where said vehicle is being kept, such as a locked facility.