The State of Colorado may require a bond to obtain a title for a vehicle when the applicant is unable to provide a properly assigned Certificate of Title.
How to get a bonded title in Colorado:
You will need a few documents along with the bond to present to Colorado Department of Motor Vehicles (DMV).
1. Have the motor vehicle inspected by a P.O.S.T. certified inspector, using form DR 2704. Your local county motor vehicle office can refer you to a P.O.S.T. certified inspector in your area. (Manufactured homes are exempt from providing a VIN inspection. Form DR 2698 must be completed).
2. Request a Colorado Title Record Search, Motor Vehicle Requestor Release Affidavit of Intended Use (Form DR 2489A), https://dmv.colorado.gov/sites/dmv/files/documents/DR2489A_2022.pdf.
If a prior title holder is found, attempt to contact them via mail and submit proof through PS Form 3811-A, https://about.usps.com/forms/ps3811a.pdf. You will need a copy of the letter as well.
The search will also reveal if there are active liens on the vehicle, which must be released before completing the bonded title application. (See additional resources below for more information).
If the vehicle was last title in another state other than Colorado, you will need to request from that state a title and lien record search as well as the search from Colorado.
3. Get the vehicle appraised through price guidebooks (such as NADA), computerized valuation services, or with a licensed Colorado automotive dealer.
4. Obtain the bond based off the appraised value of the vehicle. Our system will calculate the bond amount as two times the appraised value, per state regulations.
5. Complete the Bond Statement Guide & In Lieu of Bond Affidavit form (DR 2394), https://dmv.colorado.gov/sites/dmv/files/documents/DR2394_2022.pdf.
Submit completed document package to your local DMV and apply for the title.
State of Colorado Title or Salvage Title Established by Surety Bond Process: https://dmv.colorado.gov/sites/dmv/files/DR2922.pdf
Colorado Department of Revenue: https://dmv.colorado.gov/
Colorado DMV Forms and Publications: https://dmv.colorado.gov/forms-and-publications-1
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.