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Old 09-14-2010, 03:15 PM   #1
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Mechanical Lien?

I already have the other information needed to fix the problem I have with my car title. I tried going through D&D and they took way to much time and lost my paperwork 2 times. So I know they are not the only company in Houston that does mechanical leins. I have read this is the cheapest option compared to a bonded title which I was quoted 1000 dollars on a 4000 dollar civic. So thats not going to happen. Please any help would be appreciated.
Thanks
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Old 09-14-2010, 03:29 PM   #2
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That sucks. Was it D&D in La Porte. They did me right and did it quick. It takes a month anyway.
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Old 09-14-2010, 03:31 PM   #3
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with them it was an ongoing think for a year... Just didnt leave a good taste in my mouth
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Old 09-14-2010, 04:13 PM   #4
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Quote:
Originally Posted by yellowjacket View Post
I already have the other information needed to fix the problem I have with my car title. I tried going through D&D and they took way to much time and lost my paperwork 2 times. So I know they are not the only company in Houston that does mechanical leins. I have read this is the cheapest option compared to a bonded title which I was quoted 1000 dollars on a 4000 dollar civic. So thats not going to happen. Please any help would be appreciated.
Thanks
Nick
your quote on the bonded title seems way high...what year civic is it?

the bond should be for 1.5 times the NADA value of the vehicle....

the surety bond that you purchase generally are about $15 for each $1000 of the bond value.


so assuming civic's NADA value is $10,000, a bond for $15,000 is required, and the bond company would sell you the bond for about $225. Then you will have to pay taxes to the DMV, and I think that was all that was involved....1/2 day process if paperwork is almost filled out correctly.

the rate for the bond may vary...my insurance company was about $20/$1000.

Last edited by hotnanas; 09-14-2010 at 04:16 PM.
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Old 09-14-2010, 04:14 PM   #5
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I just got a quote on a bonded title for 650 dollar.. the civic is a 2002 coupe.
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Old 09-14-2010, 04:14 PM   #6
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Do U have all the stuff needed? there are new laws that went into effect 9\09, not just anybody can do leins, they are a pita and if U dont have all your ducks in a row U can get sued
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Old 09-14-2010, 04:17 PM   #7
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Yeah i just contacted a couple of placed.. It seems mechanical liens since they were shady to begin with they are trying to outlaw those. I am not to familiar with a surety bond though.. It looks like a mechanical lien is pretty far fetched at this point
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Old 09-14-2010, 04:17 PM   #8
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I just got a quote on a bonded title for 650 dollar.. the civic is a 2002 coupe.
from a title company? i'd skip the middle man if that's the case.
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Old 09-14-2010, 04:19 PM   #9
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yeah from a company i figure all they are doing is going to the court house.. but the 600 dollar includes plates and registration... So the actual cost would hover around 2-300 bucks for that so they are making 200 to 300 for leg work and paperwork
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Old 09-14-2010, 04:22 PM   #10
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or you could do what I said before and use the services of a company in arizon, nevada, and maine.
do a google, there are lost title comapnies, if its not stolen, its very simple to get a title and a years registration.
http://www.broadwaytitle.com/
http://www.getnewtitle.com/ my buddy used this company and was very happy.
http://www.its-titles.com/ these guys are cheaper and the same thing.
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Old 09-14-2010, 04:25 PM   #11
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thanks tim im calling all those guys as we speak
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Old 09-18-2010, 12:53 PM   #12
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ttt bonded titles
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Old 09-18-2010, 12:56 PM   #13
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Don't use a title company to get your bonded title, do it yourself. If you don't know how I can walk you through it although it's been years since I've done it.
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nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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Old 09-18-2010, 02:58 PM   #14
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hey Keith just let me know how to do it if you know how. I am really interested in doing it. Plus I need your help hunting me down a tactical 22 : )
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Old 09-18-2010, 03:12 PM   #15
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Step 1: stop bashing MH on "other" forums

The rest I have quoted from my "Bike Buying/Selling Info" thread located here:
http://www.motohouston.com/forums/sh...d.php?t=107725

Quote:
Originally Posted by DvlRacer
Getting a Bonded Title

Step 1: Determine your eligibility

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. The vehicle must be in your possession and cannot be considered abandoned, junked, stolen, or in any other pending lawsuits. Although not required to be operational, it must be a complete vehicle including a frame, body and motor or frame and motor if a motorcycle.

To determine your eligibility for the bonded title procedure and the value of the bond, take or mail the following documents to your Vehicle Titles and Registration (VTR) Division Regional Office:

1.) A Statement of Fact for Bonded Title (VTR-130-SOF),
2.) A Statement of Physical Inspection (VTR-270)
3.) Any supporting evidence of ownership (Bill of Sale, Invoice, Cancelled Check, etc.)
4.) A photocopy of your driver’s license if requesting Texas motor vehicle information

If your documents are approved, the amount of the bond equal to 1Ĺ times the value of the vehicle will be determined by the Regional Office using a national reference guide. If you disagree with the amount you may furnish an appraisal by a licensed motor vehicle dealer or insurance appraiser. Once the value of the vehicle is determined the VTR Regional Office will give you a letter within 24 hours showing the amount the bond needs to be purchased in.

Step 2: Purchase a surety bond

Take the letter and other documents given to you by the VTR Regional Office to an auto insurance agency or any agency that sells vehicle Surety Bonds.

You have one year from the date of the letter to purchase a Surety Bond in the amount shown on the letter, otherwise a new letter and bond would be required.

Step 3: Apply for a bonded title

Within 30 days from purchasing the surety bond, take the original letter given to you by the Regional Office and the documents listed above, to your county tax office, in addition to:

a completed Form VTR 130-U
proof of insurance.
If the vehicle is from out of state, you will also need to provide a Vehicle Identification Certificate (Form VI-30), completed by a Safety Inspection Station. If the vehicle is from out of country, you will need a Customs Document (HS 7). If the vehicle is a truck or commercial vehicle you may also need a weight certificate.
I used USAA for my first bonded title(I think) and did the entire process in one business day, the hardest part is having to go to the downtown location, but they are actually very helpful for being a DMV/Tax Office.
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nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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Old 09-18-2010, 03:13 PM   #16
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PS: All that bs above makes it sound a lot harder than it actually is
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Quote:
Originally Posted by rob78 View Post
nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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Old 09-18-2010, 03:17 PM   #17
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Keith, you happen to remember cost involved?
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Old 09-18-2010, 03:21 PM   #18
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Quote:
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Keith, you happen to remember cost involved?
Mine was fairly inexpensive as the bond was for a 2000 Honda Shadow 600. I think I only paid about $100 over what it would have cost me had I not needed to go the bonded title route. I recovered any expenses from the seller though, so essentially it only cost me time. If you do it all in person(and I highly suggest you do) it really isn't that bad, just try and get all your ducks in a row before making a trip to the regional office.
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nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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Old 09-18-2010, 03:21 PM   #19
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the problem is the last titled state was colorado...
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Old 09-18-2010, 03:24 PM   #20
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The houston regional office is located at:

7721 Washington Ave HOUSTON, TX 77007
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Quote:
Originally Posted by rob78 View Post
nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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