The following will affect vehicles purchased on or after October 1, 2000 and renewals of registrations expiring October 2000 and thereafter.
Partial year registrations are not allowed except upon the initial registration by a new owner.
Noncommercial Registration..
Registration Fee Computation:
Five (5) registration fee rates will be utilized, dependent upon the registration year of the vehicle:
| 1st through 4th year | $90.00 | ($85.00 + 5.00) |
| 5th through 8th year | $80.00 | ($75.00 + 5.00) |
| 9th through 12th year | $60.00 | ($55.00 + 5.00) |
| 13th through 16th year | $40.00 | ($35.00 + 5.00) |
| 17th year and over | $20.00 | ($15.00 + 5.00) |
The $5.00 added to every noncommercial registration fee is comprised of the following:
| $3.75 | General Revenue Fund | Title 47, Section 1132.1 and 1140 |
| $1.25 | Tag Agent Fee | Title 47, Section 1140 |
Excise Tax..
Excise Tax Computation:
New Vehicles: 3.25% of Purchase Price*
(*Purchase Price is defined as actual sale price before discounts or credits are given for trade-in)
Used Vehicles:
| 10/01/00 through 6/30/01 | $20.00 on first $1000.00 of purchase price + 3.25% of remainder |
| 7/01/01 through 6/30/02 | $20.00 on first $1250.00 of purchase price + 3.25% of remainder |
| 7/01/02 and thereafter | $20.00 on first $1500.00 of purchase price + 3.25% of remainder |
Documents Required to Establish Purchase Price:
New Vehicles: A purchase contract or bill of sale from the selling dealer will be required to verify purchase price.
Used Vehicles: A purchase contract, bill of sale, or, if neither is obtainable, a declaration of the purchase price by the purchaser will be required. A price declaration form will be available at your local tag agent office for this purpose.
Note: The value base for new and used vehicles is changed to the actual sales price before any discounts or credits are allowed for a trade-in, provided the value of the vehicle is within 20% of the vehicle's "book value".
| © 2000 Oklahoma Tax Commission. All rights reserved. |
| This page last modified August 23, 2000. |
| Questions regarding Motor Vehicle Issues, please e-mail here. |
| Questions or comment regarding links or design, please e-mail here. |