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Note: You are not eligible for a bonded title if you are unable to obtain a release of lien or letter of no interest from a recorded lienholder of 10 years or less. You may consult with a lawyer to obtain a court order awarding you ownership of the motor vehicle free and clear of any lien(s).
Texas title bond costs start at $100. The exact cost will vary depending on the surety bond amount required by the Texas Department of Motor Vehicles. Bond amounts up to $6,000 cost just $100. Bond amounts from $6,001 to $50,000 cost $15 for every $1,000 of coverage, starting at $100.
Most of the time, it is okay to purchase a car for which you need a bonded title. You just need to do your research on the car and make sure it is not a stolen car. You may need to go with the previous owner to the police department to inspect the car to make sure that it is not a stolen car.
In most cases, once you submitted the information needed for a title bond, you can get a title bond within minutes online or over the phone.