by Armando Martinez
Seller's Responsibility
As the seller, it is your responsibility to remove your license plate from the vehicle before handing over the keys to the buyer. You should also provide the buyer with a signed and dated title certificate, which should include the vehicle's current mileage, as well as a Bill of Sale. If you choose not to transfer your plates to a new vehicle, you can surrender them to your local Oklahoma Tax Commission (OTC) Tag Agent. It’ll also be your responsibility to inform the OTC that you have sold your vehicle and file Form 773 notice of transfer.
Buyer's Responsibility
As the buyer, you will need to register your vehicle and obtain a new license plate from the Oklahoma Tax Commission (OTC) within 30 days of purchasing the vehicle. To do so, you will need to bring the following items to your local OTC tag agency:
- The signed title certificate
- Proof of liability insurance
- An application for a new license plate
- Your driver’s license or government issued ID card
- Payment for registration fees and taxes
License Plate Fees and Taxes
The fees for license plates in Oklahoma vary depending on the type of plate you choose, as well as the age and weight of the vehicle. Here are some of the most common fees you can expect to pay:
- Standard license plate fee: $5.00 (for vehicles less than 4500 lbs)
- Personalized license plate fee: $26.50 (in addition to standard license plate fee)
- Specialty license plate fee: $25.00 (in addition to standard registration fees and taxes)
Additional sales and excise taxes may be assessed at the time of registration.
Transferring License Plates
If you already have a license plate that you want to transfer to your newly purchased vehicle, you can do so at your local OTC tag agency. To transfer the license plate, you will need to bring the following items:
- The current registration certificate for the license plate
- Proof of liability insurance for the new vehicle
- The signed title certificate for the new vehicle
- Payment for any applicable fees
Conclusion
In Oklahoma, the license plate transfer process is relatively straightforward. As the seller, it's your responsibility to remove your license plate from the vehicle and provide the necessary paperwork to the buyer. As the buyer, you will need to obtain a new license plate from the OTC within 30 days of purchasing the vehicle. Remember to bring all necessary documents and payment for any applicable fees when visiting your local OTC tag agency. For more information, visit the Service Oklahoma web page.
This article was written by Armando Martinez. Armando Martinez is among the nation’s experts on automotive titling, registration, DMV services and document operations. With nearly two decades of experience across a broad range of financial services functions and some of the largest names in auto, from Wells Fargo to Uber, Armando combines vision and ingenuity with a wealth of information so auto shoppers and sellers can learn from his experience.
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