How To Get A Bonded Title In Ohio?

How to Get a Bonded Title in Ohio

Getting a bonded title in Ohio can be a daunting process, but it’s important to do if you want to sell your car or apply for a loan. A bonded title is a guarantee from the state that the car is free of any liens or other financial obligations. This means that you can sell the car without having to worry about the buyer being able to get the title transferred into their name.

In this article, we’ll walk you through the steps of getting a bonded title in Ohio. We’ll cover everything from gathering the necessary documents to submitting your application. So if you’re ready to sell your car or get a loan, keep reading!

Step	Description	Required Documents
1	Complete and sign the Application for Bonded Title (Form BMV 5058).	Current title Odometer disclosure statement Proof of current insurance Proof of lien release (if applicable)
2	Pay the bond fee of $100.	Cash, check, or money order
3	Submit the completed application and required documents to your local BMV office.	N/A
4	You will receive your bonded title in the mail within 2-4 weeks.	N/A

What is a Bonded Title?

A bonded title is a type of title that is issued to a vehicle that has been salvaged or rebuilt. It is also known as a rebuilt title or a rebuilt salvage title. A bonded title is different from a clear title, which is issued to a vehicle that has never been salvaged or rebuilt.

A bonded title is issued by the state DMV after the vehicle has been inspected and deemed to be safe to drive. The owner of the vehicle must pay a bond, which is a sum of money that is held by the state in case the vehicle is later found to be unsafe. If the vehicle is ever found to be unsafe, the state can use the bond money to repair or replace the vehicle.

Bonded titles are often required for vehicles that have been salvaged or rebuilt. This is because these vehicles are more likely to have hidden damage that could make them unsafe to drive. A bonded title provides buyers with some protection against buying a vehicle that is not safe.

How to Get a Bonded Title in Ohio?

Getting a bonded title in Ohio can be a relatively simple process. However, there are a few things you will need to do in order to get a bonded title.

1. Get a Vehicle History Report

The first step is to get a vehicle history report. This report will show you the history of the vehicle, including any salvage or rebuilt titles. You can get a vehicle history report from a number of different sources, including the National Motor Vehicle Title Information System (NMVTIS).

2. Have the Vehicle Inspected

Once you have a vehicle history report, you will need to have the vehicle inspected by a qualified mechanic. The mechanic will check the vehicle for any damage and make sure that it is safe to drive.

3. Fill Out the Application for a Bonded Title

Once the vehicle has been inspected, you will need to fill out the application for a bonded title. The application can be found online or at your local DMV office.

4. Pay the Bond Fee

You will also need to pay the bond fee. The bond fee is a sum of money that is held by the state in case the vehicle is later found to be unsafe. The bond fee is usually around $100.

5. Receive Your Bonded Title

Once you have completed all of the steps, you will receive your bonded title in the mail.

Getting a bonded title in Ohio can be a relatively simple process. However, it is important to make sure that you follow all of the steps in order to get a bonded title. By following these steps, you can protect yourself from buying a vehicle that is not safe.

3. Requirements for a Bonded Title in Ohio

In order to get a bonded title in Ohio, you will need to meet the following requirements:

• The vehicle must be at least 10 years old.
• The vehicle must have a clear title.
• The vehicle must be free of any liens or other encumbrances.
• The vehicle must be inspected by a licensed Ohio motor vehicle inspector and be found to be in safe operating condition.
• You must pay the required fees.

The fees for getting a bonded title in Ohio vary depending on the county where you apply. For more information on the fees, you can contact your local county auditor’s office.

Once you have met all of the requirements, you can apply for a bonded title at your local county auditor’s office. You will need to bring the following documents with you:

• The vehicle’s title.
• The vehicle’s registration certificate.
• Proof of insurance.
• A completed application for a bonded title.
• The required fee.

The county auditor will review your application and issue a bonded title if you meet all of the requirements.

4. Costs of Getting a Bonded Title in Ohio

The costs of getting a bonded title in Ohio vary depending on the county where you apply. For more information on the fees, you can contact your local county auditor’s office.

In general, the costs of getting a bonded title in Ohio include:

• A title fee.
• A registration fee.
• A license plate fee.
• A tax.

The title fee is typically $15. The registration fee is typically $25. The license plate fee is typically $10. The tax is typically based on the value of the vehicle.

The total cost of getting a bonded title in Ohio can range from $50 to $100.

Getting a bonded title in Ohio can be a relatively simple process, but it is important to make sure that you meet all of the requirements. If you have any questions, you can contact your local county auditor’s office for more information.

How do I get a bonded title in Ohio?

To get a bonded title in Ohio, you will need to:

1. Fill out a Motor Vehicle Bond Application (Form 238).
2. Provide proof of ownership, such as a bill of sale or a title.
3. Pay a $50 fee.
4. Have the vehicle inspected by a state-licensed mechanic.
5. Submit the completed application and all required documents to the Ohio Bureau of Motor Vehicles (BMV).

Once your application is approved, the BMV will issue you a bonded title. This title will be valid for a period of five years.

What is a bonded title?

A bonded title is a type of title that is issued to a vehicle that has been salvaged or rebuilt. When a vehicle is salvaged, it means that it has been damaged to the point where it is considered a total loss by an insurance company. A rebuilt vehicle is a vehicle that has been repaired after being salvaged.

Bonded titles are issued to ensure that the buyer of a salvaged or rebuilt vehicle is aware of the vehicle’s history. The bond protects the buyer in case the vehicle is not as represented by the seller.

How much does it cost to get a bonded title in Ohio?

The cost of getting a bonded title in Ohio is $50. This fee includes the cost of the application, the inspection fee, and the title fee.

How long does it take to get a bonded title in Ohio?

The processing time for a bonded title in Ohio is typically two to four weeks. However, the processing time may be longer if the vehicle needs to be inspected or if there are any other delays.

Can I get a bonded title for a vehicle that is not in my name?

Yes, you can get a bonded title for a vehicle that is not in your name. However, you will need to provide a signed statement from the owner of the vehicle authorizing you to apply for the title.

What if I don’t have a bill of sale for my vehicle?

If you don’t have a bill of sale for your vehicle, you can still get a bonded title. However, you will need to provide other proof of ownership, such as a title, a registration certificate, or a lease agreement.

I’m having trouble getting a bonded title for my vehicle. What can I do?

If you are having trouble getting a bonded title for your vehicle, you can contact the Ohio Bureau of Motor Vehicles (BMV) for assistance. The BMV can be reached at 1-800-658-4444.

getting a bonded title in Ohio is a relatively simple process, but it is important to follow the steps carefully to avoid any delays. By gathering all of the necessary documents, completing the application form, and paying the required fees, you can get your bonded title in just a few weeks.

Here are a few key takeaways from this article:

• A bonded title is a type of title that is issued to a vehicle that has been salvaged or rebuilt.
• To get a bonded title in Ohio, you will need to provide proof of ownership, proof of payment for the vehicle, and a completed application form.
• The fee for a bonded title in Ohio is $150.
• The bonded title will be valid for 10 years.

If you have any questions about getting a bonded title in Ohio, you can contact your local DMV office.