It's not considered stolen property... its a loan default. As a used car dealer that does in house financing, I wish I could call a vehicle in stolen everytime someone defaulted on a loan. I do have the right to repo the vehicle if the buyer is 1 second late on thier if I so wish to do so. I usually give them 10 days to make a payment or arrangments... if they don't... I pop the car.... give these people an inch and they'll take a mile....
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 Current Pontiacs -
1973 Formula SD455 - #'s auto orig paint
1972 Trans Am - 4 speed orig paint
1966 2+2 convertible - 421 4bbl automatic
1967 Grand Prix - 4 speed orig paint
1967 GTO - 4 speed orig paint 35k orig miles
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