anyone done a bonded title for an old truck? found a nice extended cab 77 truck that has been sitting for along time. No title. From what i have read it doesn't sound like this is a very economical way to go.

 

I haven't actually done it, so I can't say. The description in the paperwork sounds like if you go in with it is lesser value, you can get the cost reduced as it goes by I think 10% of assessed value. Other than the value assessment, it isn't much of a cost. (according to the paperwork...)

 

Ok, so here is how the experience has gone so far. I sent in paperwork on May 14, got response Jun 5. Found out you can get a bond from your insurance company. My bond amount was $3000 and it cost me $100 from insurance company. That took about a week. Sent that in and am still waiting for paperwork from DOT so I can title it. Might have to have it inspected, but I doubt it. I think the inspection is mainly for ratrods and the like. Will let you know as this progresses.

I have realized it will take some time for this to happen so don't expect it to be a quick process.

 

So, last Monday I got the ok to get title from county. It was a long wait as they had to input info onto DOT software. No big price difference from a normal title and plates. No inspection needed. Definitely a different process but one I would do again.

 

So the process is to send the paperwork in, then they tell you what level bond to get, and then just a matter of them actually processing it? Not too bad of a deal then really.

 

nope, not really. Just time consuming. On a frankentruck you might have to have an inspection, but I really doubt that is a big deal either.

 

I did one on a 39 Chevy truck about 5 years ago. No big deal, Got bond, filled out application a dot officer did come inspect mainly just check the numbers. Went smooth for me.