Can I transfer my car payments and car to a 17 yr old from a buy here pay here place?

I have a good question… I got a 98 jeep grand Cherokee limited from ridenowautosales.com I m still currently making payments. A family friend told me he d sell me his 98 Ford v8 supercharged mustang for 500$ because he needs it gone. Back to the question, my friend is 17 and desperately needs a car would I be able to transfer the jeep and payments into his name? I love the jeep and all but not the 10mpg any help would be awesome!

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