Registration & Titling
It is the Oklahoma DMV that issues vehicle
registrations and titles in the state, as well as maintaining the official
vehicle ownership and registration records in Oklahoma.
Beyond establishing the legally registered owner during the
sale of a vehicle, the Oklahoma DMV also takes on the responsibility of
regulating and issuing the decals, or tags, that prove that a Oklahoma vehicle's
registration and paperwork are current. Registration renewals require proof of
financial liability, most often in the form of adequate auto insurance.
Types of Fees
If you are registering a new or used noncommercial motor
vehicle in your name for the first time, you will be required to pay two
separate fees for registration―registration fees, also known as tag fees, and
excise tax.
The tag fees are simple. They are based on the number of
years the vehicle has been registered in the state of Oklahoma.
The excise tax is based on the value of the vehicle, and
requires a bit more explanation.
Excise Tax
The excise tax is a one-time tax assessed on any new or
used noncommercial vehicle purchased in Oklahoma that will be used in Oklahoma.
The excise tax also applies to any noncommercial vehicle purchased outside of
Oklahoma that will be used in Oklahoma. A noncommercial vehicle purchased in
Oklahoma that will be used in another state will not be assessed an excise tax.
The excise tax is based on a percentage of the purchase price
of the vehicle, as long as the purchase price is within 20% of the average
retail value for that specific model vehicle. If the purchase price you provide
to the OTC is not within that 20% range, the tax will be figured within the 20%
range.
This means that if you got a great bargain and paid
considerably less than retail value for your vehicle, the OTC will congratulate
you on the bargain, but will still charge you the excise tax based on the 20%
range of the value.
Proof of Purchase
Price
If you're registering a new vehicle, you'll need to
provide a copy of your contract or purchase agreement to the OTC. For used
vehicles, you'll need to provide the OTC with a copy of the Bill of Sale or
contract.
Registration Fees
Noncommercial vehicle registration rates, also known as
tag fees, apply to the following vehicles:
Tag fees are paid to the OTC annually and, as stated
above, are based on the number of years the vehicle has been registered in
Oklahoma. Don't confuse this with the age of the vehicle! If a seven-year-old
car is being registered in Oklahoma for the first time, the tag fee will be $93
the 1st through 4th year of registration fee, since the vehicle has never been
registered in Oklahoma.
Here's the fee
scale for tag fees:
If you've
purchased a used car that has been registered in Oklahoma and are transferring
the title, the tag fee will be figured on the number of years the vehicle has
been titled in Oklahoma. It will not start over at the 1st year due to a change
of ownership.
Registration
Renewal
Registration renewals, also known as tag renewals, are done
annually in Oklahoma. You will be notified by postcard when your tag renewal is
close to its due date. The postcard will include the amount due and the due
date.
If you do not receive a renewal postcard, you may renew
your tag in person at any tag agent office. Be sure to bring proof of insurance
with you when you go in to renew. Currently there are no required smog and
emission checks for first-time registration or renewal registration.
If you prefer to
renew your tag by mail, simply mail your renewal fee along with the following
information:
Late Fees
If you are late renewing your registration, whether for a
new vehicle or a renewal, the OTC charges a penalty. These penalties go into
effect as follows:
- Initial registration: on the 31st day after you take
legal possession.
- Renewals: one month after the registration expiration
month.
For Further Details:
Please Visit The Oklahoma State Website
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