Editing How to title a hot rod (section)
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====Step two==== Now that you have an inspection certificate filled out by the proper authorities, you must determine what your car's value is: If the value is over $500, you must secure a bond equal to the value determined by the surety company. A simple phone call to your car insurance agent, asking him how to obtain a "Surety Bond" for your car. This is another interesting twist to the process, as you will be required to give a VIN number to obtain a Surety Bond. Tell your agent that you have no identifying marks on the vehicle and that the procedure to obtain a VIN requires a Surety Bond be issued before processing the paperwork. You will get a paper bond issued within a few days. Surety Bonds are usually required to be paid up-front and will last 3 years. If the vehicle is worth $500 or less, you simply certify to its value. You must either: reference the average trade-in or wholesale value determined by the national appraisal guide as of January 1 for the year in which you are applying, or if an appraisal guide is not available, certify that, to your knowledge, its value is $500 or less. Be honest, because you'd hate to have your paperwork all jammed up because you tried to fudge your value.
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