<prompt> Human: So basically Im going to be selling my car and while driving with a friend he noted he was looking for a car. We were able to come to an agreement of price on the car 3,500. He requested to pay in payments with 1,500 down at first and 500 each month till paid off 4 months.Ive been friends with this individual for over 10 years. Hes always been a great friend and one I consider to be very close which is the only reason I would even consider payments.Ive done a lot of digging and 95 of people will say dont sell it to someone on payments, they will pay the first payment and never be seen again.Thing is Ive known this guy for over 10 years. Where he lives, works and his familysiblings. Under no circumstances do I think he will jump ship and pay the 1,500 and flee the state. But that being said I want to cover all my bases while selling this car too so I dont get screwed in the long run. There will be a contract written up for the payments and such but how would I go about the titleinsurance? Would he be able to insure the car even though its not under his name? I plan to keep the title of the car till the last payment is made if this is even possible?  <response>: This is a bad idea and will change your friendship. 