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How much does a certificate of title bond cost in Arkansas?
Arkansas requires individuals in need of a bonded title for their vehicle to post a title bond in an amount equivalent to 1.5 times the appraised value of the vehicle. You must know the appraised value of your vehicle prior to getting bonded.
If your bond amount is $6,000 or less, SuretyBonds.com can get you bonded instantly for just $100! If your bond amount is between $6,000 and $50,000, you’ll pay $10 for every $1,000 of the required bond amount — no credit check required. The cost for bond amounts greater than $50,000 is subject to underwriting.
Why do I need a bonded title?
By posting an Arkansas bonded title, the principal states that the newly-acquired vehicle was not obtained under fraudulent circumstances. Specifically, an Arkansas title bond indemnifies all prior owners and lienholders and all subsequent purchasers of the vehicle in question.
Have questions about your Arkansas certificate of title bond? Our experts can help! Give us a call at 1 (800) 308-4358, or submit a bond request to get started.
Please note that this bond is required if you have lost or obtain insufficient evidence of proper ownership of your vehicle. If you are planning to sell cars and other vehicles, an Arkansas motor vehicle dealer bond is required.
Additional information about Arkansas title bonds
Arkansas certificate of title bonds cannot be canceled or revoked by the principal or the surety prior to the time the Secretary of State releases it.
Certificate of title applicants must know the make, year, body type and vehicle identification number of the vehicle needing a title.
How to obtain an Arkansas bonded title
- Contact the DMV to ensure you are eligible.
- Get your vehicle inspected.
- Complete a Statement of Facts for Issuance of a Bonded Title form.
Bring the bill of sale to the DMV to provide proof of ownership
- Mail in your inspection form to:
Department of Finance and Administration
Office of Motor Vehicle - Bonded Titles
P.O. Box 1272
Little Rock, AR 72203
5. Calculate your bond amount or get a free quote!