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Motor vehicle excise tax in Oklahoma is 3.25% of the purchase price, which may include dealer discounts and rebates but which may not include any trade-in allowance.

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Q: How do you figure motor vehicle excise tax for Oklahoma?
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Sales tax on vehicles is called excise tax, governed by the Oklahoma Tax Commissionhttp://www.tax.ok.gov/mv3.html.Standard vehicle excise tax is assessed as follows:New Vehicle: 3.25% of the purchase price (or taxable value, if different)Used Vehicle: $20.00 on the 1st $1500.00 of value + 3.25% of the remainderExcise tax is assessed upon each transfer of vehicle, boat or outboard motor ownership, unless specifically exempted by law.Excise tax is collected at the time of issuance of the new Oklahoma title.Oklahoma residents are subject to Oklahoma excise tax on vehicles purchased in another state.Nonresidents who purchase vehicles in Oklahoma are not assessed Oklahoma excise tax, provided they title and register the vehicle in their state of residence.Most vehicles are assessed excise tax on the basis of their purchase price, provided that purchase price is within 20% of the average retail value for that specific model vehicle. If the purchase price provided is not within that 20% range, a taxable value within that range is established for excise tax assessment purposes.The purchase price may include a deduction for any dealer rebates or discounts.The purchase price may not include a deduction for any traded in vehicle.For new vehicles, a copy of the contract, purchase agreement or bill of sale from the dealer is required.For used vehicles, either purchase price listed in assignment portion of conforming title certificate, a copy of a bill of sale or contract, or a notarized Declaration of Vehicle Purchase Price (Form 722-1 available for downloading from the Forms section of this site) is required.Please note, in establishing an average retail value for the purpose of assessing vehicle excise tax, Oklahoma law makes no provision for adjusting the value of a vehicle due to that specific vehicle's condition - be that condition above or below average. An average value for all such model vehicles is utilized.


Do you have to pay sale tax if you buy a new car in Oklahoma?

By state law, only the seller/retailer has to pay the sales tax, not the consumer.== ans ==The above is not just wrong, but even sort of crazy.There actually isn't a "sales tax", it is called an excise tax.Cars are subject to this sales tax (regardless of what you wan to call it), just like anything else. Except it is collected by the MVC when you title/register it not the seller. UNLESS the seller is a registered dealer (who conventionally also handles all the title matters too), and then HE collects the tax to pay over to the MVC.Excise tax is assessed upon each transfer of vehicle, boat or outboard motor ownership, unless specifically exempted by law.Excise tax is collected at the time of issuance of the new Oklahoma title.Oklahoma residents are subject to Oklahoma excise tax on vehicles purchased in another state.Nonresidents who purchase vehicles in Oklahoma are not assessed Oklahoma excise tax, provided they title and register the vehicle in their state of residence.Most vehicles are assessed excise tax on the basis of their purchase price, provided that purchase price is within 20% of the average retail value for that specific model vehicle. If the purchase price provided is not within that 20% range, a taxable value within that range is established for excise tax assessment purposes.The purchase price may include a deduction for any dealer rebates or discounts.The purchase price may not include a deduction for any traded in vehicle.For new vehicles, a copy of the purchase agreement or bill of sale from the dealer is required.For used vehicles, either purchase price listed in assignment portion of conforming title certificate, a copy of a bill of sale or purchase agreement, or a notarized Declaration of Vehicle Purchase Price (Form 722-1 available for downloading from the Forms section of this site) is required.Please note, in establishing an average retail value for the purpose of assessing vehicle excise tax, Oklahoma law makes no provision for adjusting the value of a vehicle due to that specific vehicle's condition - be that condition above or below average. An average value for all such model vehicles is utilized.Standard vehicle excise tax is assessed as follows:New Vehicle: 3.25% of the purchase price (or taxable value, if different)Used Vehicle: $20.00 on the 1st $1500.00 of value + 3.25% of the remainderExcise tax on boats and outboard motors is based on the manufacturer's original retail selling price of the unit. Boat/outboard motor excise tax is assessed as follows:New Boat/motor: 3.25% of the manufacturer's original retail selling priceUsed Boat/motor: For each subsequent year of age, the taxable value is decreased 35%Excise tax on manufactured homes is based on the actual purchase price/current value of the home and is assessed in the following manner:New Manufactured Home: 3.25% of ½ the actual purchase price/current valueUsed Manufactured Home: 3.25% of 65% of ½ the actual purchase price/current valueExcise tax on new and used all terrain vehicles, utility vehicles, and off road motorcycles is 4.5% of the actual purchase price with a minimum of $5.00.


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