Yes, you can sell a vehicle with a bonded title.
A vehicle that is titled with a bonded title is treated no different from a standard title car with one exception.
With a bonded titled vehicle, if you are the person who obtained the title bond that backed the bonded title, you are still on the hook in the event a previous owner or lien holder makes a legitimate claim against the vehicle.
Let's look at that scenario in more detail.
When a vehicle does not have a title proving ownership, you can't get it registered in your state.
And if it's not registered, you can't legally drive it and selling it will prove to be hard because most people will think the vehicle is stolen if you can't provide a title.
And this is exactly what the bonded title does.
When you get a bonded title, you're required to purchase a surety bond as part of the process.
A surety bond is a special insurance contract you purchase as a guarantee of some action or promise.
In your case you're guaranteeing the vehicle you're getting titled is not stolen and you are the new rightful owner.
This surety bond (referred to as a title bond) you can get the vehicle registered and have a bonded title issued.
If you follow the process closely, this is extremely rare, but if a previous owner comes forward and proves they are the rightful owner...
You would be responsible and the surety bond you purchased would pay out to that owner.
Again when you follow the process of getting a title bond you'll do the research necessary to ensure the vehicle is not stolen.
Yes you can sell your vehicle with a bonded title.
In fact this is the only legitimate way to sell the vehicle.
The vehicle title bond process is a fast one to get through. Click here to read the details of title bonds.
Finally, bonded titles are only required for a set number of years. In most states, this is set at three years.
Not every state requires a bonded title. The most common states we help vehicle owners purchase title bonds in are:
Learn what an Arizona title bond is and how to purchase one for as little money as possible. Once you have this, you can complete the bonded title process.
Learn what is Colorado title bond is and how to purchase one. With this done you can get the rest of the bonded title process done fast.
What is a Bonded Title in Texas?
Learn what a bonded title is in Texas and how you can get one. There are many steps so let's break them down and make this simple.
What Is a Bonded Title and Why Do I Need One?
In some cases a seller may intentionally or accidentally sell the vehicle without the proper title paperwork. Under these circumstances the vehicle owner may need to a type of surety bond call a certificate of title bond.
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