In order to qualify, you must be:
- a Texas resident, or
- Military personnel stationed in Texas, or
- Have a vehicle that was last titled in Texas.
If you meet the above eligibility requirements you may take or mail the following documents and a $15.00 administrative fee to the nearest TxDMV Regional Service Center:
- A Statement of Fact for Bonded Title (Form VTR-130-SOF)
- A Statement of Physical Inspection (Form VTR-270)
- Any supporting evidence of ownership (Bill of Sale, Invoice, Cancelled Check, etc.)
- Acceptable photo ID
Out-of-state- vehicles: If the applicant is a Texas resident, but the evidence indicates that the vehicle is an out-of-state vehicle, the vehicle identification number must be verified by a Texas certified Safety Inspection Station (Form VI-30).
If your documents are approved, you will be issued a letter stating the amount of the bond equal to 1½ times the value of the vehicle. The department will determine the value of the vehicle using:
- The Standard Presumptive Value (SPV) from our web site as the primary source
- If a SPV is not available, National Auto Dealers Association (NADA) reference guide will be used, or
- If a value is not available either through SPV or NADA, a licensed motor vehicle dealer or insurance adjuster may appraise the vehicle on a form provided by TxDMV (Form VTR-125).
- For vehicles 25 years old or older:
- TxDMV will determine and assign the bond value
- Appraisals less than $4,000 will not be accepted
The process is easier than you think! Go to the DMV on Lee Trevino for the applications and a checklist. If you get lost, give me a call! 915-996-2071
And as always, stay protected my friends :)
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