Gary K,
I got what is called a "BONDED" title for the state of Iowa. Contact your Department of transportation for info/ application. I Sent them all the VIN and ownership info so they could run it against stolen vehicles, and then waited for a title application form.
Then you have to get a bond for the value of the car(what you paid), submit the application, bill of sale,proof of bond, and wait...wait. I got a call from an inspector that came to my house to look at the car to verify the VIN. He gave me a letter to take to the court house where they issued me a new title and license plates.
The bond cost me $100, but they vary according to the car's value. A long process, but I now have a titled car with license plates on it. Some times you have to put the plates in storage if the car is not in running condition.....depends on the inspector.
I looked into using a classic car title company, but felt a bonded title was safer, and for me, less expensive.
|