Time to move forward with my 'new' Dart. Have the original title to it and the guy that used to own it is long since leaving the earth and a bonded title is new ground for me.
Just went thru this with the
title app for the truck.
However, I live in NM, but I
can't see where there would
be much of a difference.
Have you got a bill of sale
to go with the title you have?
(makes things easier).
Explain your situation at
DMV. They will give you the
forms to fill out to send in
with your bond application.
The car will need a level III
vin inspection to verify it's
not stolen (usually at the
state police office)
(here, they only do level III
inspections on Thursdays,
and by appointment).
It took 3 weeks to get an
appointment.
Apply for a title bond thru
your insurance company.
They run the vin thru NCIC
checking for past unpaid
leins, or if the car was ever
totaled via an insurance
settlement. (if it was it will
be titled as salvage).
They will set the bond
amount.
(mine cost $600.00 for a
$30,000 bond, and it took
about 3-4 months for the
bond to be under-written.).
Here, the bond and required
paperwork is sent to an
office called the Dealer
Licensing Bureau where
the bond is recorded and
approval is sent to DMV.
(this process took another
3 months)
You then take all the
required forms plus proof
of insurance to DMV. You'll
be surrendering your old
title also.
I debated having a title
service do all this run-around
for a fee, but couldn't justify
the extra $300.00.
Hope this helps!
Good Luck
