Home » Articles » Titles » How To Get A Bonded Title in Arkansas
If you are an Arkansas resident, a bonded title can effectively recover your vehicle title if you don’t have sufficient evidence of ownership.
A bonded title is a type of title recovery method that requires the purchase of a surety bond, also known as a vehicle title bond, to secure the ownership of the vehicle. This is because, in order to receive a bonded title, you must have a major lack of proper documentation. The DMV in your state is essentially taking your word that you are the owner of the vehicle. The vehicle title bond provides security for the DMV to assign the ownership in the event that there is an ownership discrepancy after the bonded title is issued.
Before beginning your bonded title process, make sure that your vehicle meets the eligibility for a bonded title.
If your vehicle meets the eligibility requirements of an Arkansas bonded title, begin the application process by completing the Statement of Facts (10-345) and the Bill of Sale (10-313).
Inspection
The bonded title process requires that all vehicles are inspected prior to the title being issued. To schedule your inspection, contact your Arkansas State Police department. Once your inspection is complete, the officer who inspected the vehicle will complete the Vehicle Verification form for you.
Approval
After your vehicle has passed its inspection, gather all of the documents so far and submit them to the Department of Finance and Administration Office of Motor Vehicles – Bonded Titles. The DMV will take 10-25 business days to process your application.
If approved, the next step is to complete the Application for Vehicle Registration (10-381) and purchase your title bond.
Title bond
The Arkansas DMV will tell you the value of the bond to purchase. This value is typically based on the book value of the vehicle. Most title bonds are required to be 1.5x the value of the vehicle, however, that doesn’t mean it costs that much to purchase. Most title bonds cost around $100-$150 for average-value vehicles.
Once you’ve completed the official documents, passed inspection, and obtained your title bond, submit all of your documents and any state title fees to the Department of Finance and Administration Office of Motor Vehicles – Bonded Titles. They will process your application and return to you a bonded title in your name.
After 3 years of having BONDED stamped on your vehicle title, the bonded title brand will dissipate and you will have a clean Arkansas title in your name.
Want a CarTitles.com professional to do it for you?
For as little as $159 for most processes, we will save you the headache and prepare all of the car title paperwork needed to get you a new title. Simply choose the title recovery method you’d like to use and we’ll get started!
Select your title recovery method:
Order Vermont Title LoopholeOrder Deceased Owner Title TransferOrder Bonded Title ProcessOrder Abandoned Vehicle ProcessOrder Prior Owner ContactOrder Lien Release Request LetterPGlmcmFtZSBzcmM9Imh0dHBzOi8vYXBwLmFjdWl0eXNjaGVkdWxpbmcuY29tL3NjaGVkdWxlLnBocD9vd25lcj0xOTQ4ODEyNiZhcHBvaW50bWVudFR5cGU9MjMwNjY0MTAiIHRpdGxlPSJTY2hlZHVsZSBBcHBvaW50bWVudCIgd2lkdGg9IjEwMCUiIGhlaWdodD0iODAwIiBmcmFtZUJvcmRlcj0iMCI+PC9pZnJhbWU+PHNjcmlwdCBzcmM9Imh0dHBzOi8vZW1iZWQuYWN1aXR5c2NoZWR1bGluZy5jb20vanMvZW1iZWQuanMiIHR5cGU9InRleHQvamF2YXNjcmlwdCI+PC9zY3JpcHQ+
Tell us about your vehicle and we'll direct you to a title recovery method that matches your scenario.
"*" indicates required fields