Your dad won't take this to court. He's just using whatever ammunition he can to keep you from moving out. In the unlikely event your dad sues you for possession, you'll need to advise the court of your agreement with your dad. If your agreement with your dad is that you are to possess the car, then the court will enforce that.
The purpose of moving out, usually, is to get your freedom and show the WORLD your independence. If you have to rely on your dad to give you $2,600.00 to get a car you are not ready to move out. Take some time, save some money, pay your dad back his $2,600.00 and then, when you are really ready, then move out.
I agree with Mr Kaufman - what he says makes perfect sense - if you have all the money invested in the car you will have more rights
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