Now it became a quite popular thing, but I saw this bug first in LV when I tried to buy an Infernus and got it for free, and cops didn't recognize it as stolen. I followed all the steps : Test drive; Choosing Garage; Changing Color; But it was not added as my personal vehicle. I tried this many times and finally there were around 20 Infernus which were free to use and the cops won't recognize it as a stolen vehicle. Although that was fun, but if you fix that bug it would be really helpful for us.
Thank You