The REAL Cost Of A Car Title Surety Bond

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Komentáře • 23

  • @JohnPaul-gh1fh
    @JohnPaul-gh1fh Před rokem +6

    Thank God I found your videos... I'll be in touch this week.! Bought a used car in IL.. I am in WI.. The dealership never sent me the title, even though I paid for it in full, with a personal check, which I have proof of. Instead, they sent me a copy of the receipt... and told me to request a new title when I register it.. I ended up registering it, had emissions done, etc.. drove it for 2 years, and tried to sell it, but I learned that I can't resell it........and it has been sitting in my driveway for the last 10 months. I called the dealership several times... Got put on hold for long periods of time.. or sent to voicemail.. They happen to be one of the biggest dealerships in IL... and I'm really shocked with their lack of service.. My DMV never mentioned anything about any sort of bond.. their secretary of state didn't help at all... Every government entity that I went to for help just passed the buck.. I'll be in touch this week..! Thank you!

    • @prithviraj70
      @prithviraj70 Před rokem +1

      Hello, were you able to get the title? Wanted to know if helped you to get the title?

  • @cashdollar6712
    @cashdollar6712 Před 7 měsíci

    Thank you for the information help a lot good job

  • @organicportalphobic9601
    @organicportalphobic9601 Před rokem +2

    When traveling in a personal conveyance( non commercial) Can a surety bond be sufficient in purposes of auto insurance ? In other words can a surety bond replace auto insurance in the event of a collision or traffic stop

  • @ashleybachmeier427
    @ashleybachmeier427 Před 2 měsíci

    Where do you apply for the bond in Wisconsin

  • @matthewkitson4668
    @matthewkitson4668 Před měsícem

    I have a Honda spree and need to get a tittle bond 😒

  • @jeffmajor9263
    @jeffmajor9263 Před rokem +1

    After I pay the fee for a bonded title if there is a winning claim who pays out the bond. Also do I maintain possession of the vehicle

    • @4Leaf36
      @4Leaf36 Před rokem +2

      You would have to pay out the value of the bond to the state. No idea what happens to the car, but you get nothing. This piece of paper is essentially a note to the state saying "yes I am telling the truth about why I need a new title, and I will pay a big penalty if I am lying".

  • @ashleybachmeier427
    @ashleybachmeier427 Před 2 měsíci

    Where do you get the bond

  • @user-jj8rt1br3f
    @user-jj8rt1br3f Před 8 měsíci

    What if you bought a car from Kentucky but everyone signed wrong place and they never took it DMV for joint but same family member I live in VA

  • @dirtyr1937
    @dirtyr1937 Před 2 měsíci

    I have a r1 that was never paid off . I’ve had it for 9 years now. Can I get a bond on it ?

  • @LifeisGood762
    @LifeisGood762 Před rokem +1

    So how do I get a title for my old 1971 car that has no engine/trans and a rotten frame if it needs to be whole?

  • @DavidHall-vh9tx
    @DavidHall-vh9tx Před 10 měsíci

    Car came from Georgia I'm in Alabama. I got a title but 1 digit is incorrect? What should I do. The owners r no longer reachable

    • @josegamoa2261
      @josegamoa2261 Před 9 měsíci

      I have a similar problem have you been able to do anything

    • @DavidHall-vh9tx
      @DavidHall-vh9tx Před 9 měsíci

      ​@josegamoa2261 haven't tried yet. But I've got someone who owns a wrecker yard they r gonna do a abandonment on it. Just hoping old owner don't want it so I made it look rough with a parts car I have. Make it to expensive to get good enough to pass Inspection

  • @roberthirshfield3571
    @roberthirshfield3571 Před 10 měsíci

    I just did one

  • @organicportalphobic9601
    @organicportalphobic9601 Před rokem +1

    When traveling in a personal conveyance( non commercial) Can a surety bond be sufficient in purposes of auto insurance ? In other words can a surety bond replace auto insurance in the event of a collision or traffic stop

    • @4Leaf36
      @4Leaf36 Před rokem +1

      No. The bond is only guaranteeing to the state that you are allowed to get a new title to replace a missing or nonexistent title. It does nothing more, and nothing less.