How Much Is A Bonded Title In Arizona

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Post on Nov 10, 2024

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How Much Does a Bonded Title Cost in Arizona?

If you're buying a car in Arizona and the seller doesn't have a title, you might need a bonded title. This can seem confusing, but it's a common process in Arizona that helps ensure a clean title history for your vehicle.

What is a Bonded Title?

A bonded title in Arizona is a legal document that allows you to register a vehicle even if the original title is lost, stolen, or damaged. It's issued by the Arizona Motor Vehicle Division (MVD) after you provide proof of ownership and purchase a bond that protects the state from any claims against the vehicle.

How Much Does a Bonded Title Cost?

The cost of a bonded title in Arizona varies, but it typically includes two main components:

1. Bond Fee: This is the primary cost associated with a bonded title. The fee depends on the vehicle's year, make, and model, and ranges from $100 to $1,000.
2. Other Fees: You'll also need to pay the standard vehicle registration fees, including title fees and license plate fees.

How to Obtain a Bonded Title:

1. Gather Documentation: You'll need to gather the necessary documentation, which may include a bill of sale, proof of ownership, a police report (if the title was stolen), and a completed application for a bonded title.
2. Visit the MVD: You can apply for a bonded title in person at any Arizona MVD office or online through their website.
3. Purchase a Bond: You'll need to purchase a surety bond from a licensed surety company. The bond amount typically ranges from $100 to $1,000 depending on the vehicle's value.
4. Pay Fees: You'll need to pay the applicable fees, including the bond fee, vehicle registration fees, and title fees.

Alternatives to a Bonded Title:

• Lost Title: If you've lost the title, you can apply for a duplicate title through the Arizona MVD.
• Stolen Title: If the title was stolen, you'll need to file a police report and provide the MVD with a copy.

Tips for Obtaining a Bonded Title:

• Research Surety Companies: Shop around to find a surety company offering competitive rates.
• Check Requirements: Verify the necessary documentation and fees before visiting the MVD.
• Be Prepared: Bring all required documents and payment methods to avoid delays.

Remember: Always consult with the Arizona MVD for the latest information on fees and requirements for obtaining a bonded title.