Oklahoma Vehicle Bill of Sale Form

An Oklahoma vehicle bill of sale is a document required for the parties of a private vehicle transaction to validate the deal. The document should be signed by both parties and attached to the registration package to calculate sales tax and the provision of additional legal guarantees.

The bill of sale form usually includes personal data of the buyer and seller, the vehicle’s specifications (e.g., make, model, VIN, and year of manufacture), as well as the date of the deal and the price at which the transaction took place.

Oklahoma bill of sale templates – see other bills of sale used in the State of Oklahoma.

Oklahoma-motor-vehicle-bill-of-sale-template

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Document Details

Document Name Oklahoma Vehicle Bill of Sale Form
Other Names Oklahoma Car Bill of Sale, Oklahoma Automobile Bill of Sale
DMV Oklahoma Department of Public Safety
Vehicle Registration Fee $26-96
Bill of Sale Required? Yes
Avg. Time to Fill Out 7 minutes
# of Fillable Fields 59

How to Write an OK Vehicle Bill of Sale

The following recommendations are written around the bill of sale form created by our team. However, you can opt for the official form if the local authorities provide it.

Step 1: Indicate the document’s creation date:
Creation date indication section of Oklahoma vehicle bill of sale form

Step 2: Type in the purchaser’s and seller’s particulars:

  • Full name
  • Home address
  • City
  • State of residence
  • Area code
  • Phone number
  • Email
    Purchaser's and seller's information indication section of car bill of sale for Oklahoma

Step 3: Fill in the descriptive particulars of the vehicle:

  • Make (manufacturer)
  • Vehicle’s model
  • Body type
  • Year of manufacture
  • Miles (odometer reading)
  • Car’s color
  • Vehicle Identification Number (VIN)
    Part for descriptive details of car of motor vehicle bill of sale template for Oklahoma

Step 4: Indicate the purchase price and payment method

Type in the transaction date and state the entire price that has to be paid for the motor vehicle. You also need to indicate the sale method the buyer will use:

  1. Providing the whole amount as a single transaction. The purchaser has the motor vehicle delivered to them and pays off the entire amount within the same day.
  2. Trade-in. When this particular option is chosen, the selling party trades their motor vehicle for the motor vehicle presented by the purchaser. If the buyer’s vehicle is lower in value, they’ll have to even that out with an additional payment. You also need to describe the buyer’s car.
  3. Installments. With this particular method, you must indicate the dates when the purchaser must deliver the initial and the final payments, together with their sums.

The next step is considering the type of payment:

  • Cash
  • Cheque
  • Cashier’s cheque
  • Money order

Finally, check whether the purchase amount includes all applicable taxes.
Payment method and amount indication section of Oklahoma bill of sale for vehicle

Step 5: Read the miscellaneous terms

The miscellaneous terms generally say that the purchaser obtains the property in “as-is” condition and is liable for it after the transaction is completed.
Part for miscellaneous terms of Oklahoma bill of sale for automobile

Step 6: Place your signature(s) in the appropriate areas

The buyer’s signature is generally not mandatory. Nonetheless, you’re more protected against legal problems if both sides sign the document. You may have one or two individuals attest to the process and sign the form as an additional precaution.
Signing section of Oklahoma motor vehicle bill of sale template

Step 7: Use the help of a notary public

Notarization is generally not required, but it’s an effective way to create another level of protection for your deal.

The buyer needs to get the original bill of sale because it’s commonly required during the title change. You could either get a copy and keep it or have two identical forms signed and filled out by both sides as a seller.
Part for notary acknowledgement of vehicle bill of sale for Oklahoma

Form 701-6
Form 729
Vehicle POA

Application for Oklahoma Certificate of Title for a Vehicle (Form 701-6) is designed to apply for a vehicle title.

Form 701-6

Form 729 is an odometer disclosure statement that should be attached to a bill of sale to show the vehicle’s mileage.

Form 729

A vehicle power of attorney form will allow you to designate an agent to act on your behalf in vehicle-related matters.

Vehicle POA
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Registering a Vehicle in Oklahoma

The law of Oklahoma requires that all vehicles with a capacity exceeding ten horsepower are registered annually and titled (except for those officially in salvage or junked status). The rule applies to all motor vehicles, including those not in use. The vehicle’s registration should be completed in a local Oklahoma Motor License Agency of the Oklahoma Tax Commission.

The list of documents required for the registration of your vehicle includes:

  • A filled and notarized vehicle bill of sale
  • Active driver’s license
  • The manufacturer’s certificate of origin (MCO) for new vehicles and a current title transferred by the old owner for used vehicles
  • Active Oklahoma car insurance statement
  • An odometer disclosure statement (for vehicles less than nine years old)
  • VIN inspection statement (for vehicles bought outside Oklahoma)
  • Application for Oklahoma Certificate of Title for a Vehicle (Form 701-6)

A vehicle can’t be registered without an Oklahoma title or any evidence of that title’s existence. If you register a leased vehicle, a copy of the lease statement should also be attached.

If the buyer is not an individual but an organization, then submitting the Federal Employer Identification Number is mandatory.

The new owner should also pay all taxes and fees before the registration. A standard title fee equals $11 in Oklahoma, while a junk title is calculated at $4 and a certificate of ownership – at $4 as well. Registration of a vehicle for the 1st-4th years of operation costs $96, for the 5th-8th years – $86, for the 9th-12th – $66, and the 13th-16th – $46. Those who have owned a vehicle for more than 17 years pay $26 per year. The sales tax for acquiring a used vehicle is calculated at 1.25% of the purchase price after July 2017. The sales tax does not include the excise tax that the new owner should pay for the transfer of vehicle ownership.

seal of oklahoma state

Other Vehicle Bill of Sale Forms by State

Published: Sep 17, 2020